Do you think it could have something to do with a steadily increasing share of our national wealth concentrated in the hands of the wealthiest 10%, while the combination of costs for housing, insurance, medical care, food, and child day care make it increasingly difficult for the poorest 25% to make ends meet?
Do you think it could have something to do with a steadily increasing share of our national wealth concentrated in the hands of the wealthiest 10%, while the combination of costs for housing, insurance, medical care, food, and child day care make it increasingly difficult for the poorest 25% to make ends meet?
The top 10% hold 67% of all household wealth in this country today. That compares to 56% in 1989.
That is the way of the world, unfortunately. If the wealthiest 10% did not do what they do, there would be little for those bottom folks to do. That is a basic lesson of the Rust Belt.
There is a phenomenon at play here that I hate. I saw it first in Newport RI, and have noticed it at ski areas, and tourist areas everywhere. Carmel-by-the Sea is the worst I have seen
Tourist areas are damned expensive for the people that live there as the 10% come in and escalate all the prices for everything, because they can. Resort fever makes things difficult for the rest of us. Californication has driven prices here, in Colorado, Oregon and Washington through the roof.
The top 10% pay most of the taxes, the bottom 50% pay none.
Do you think it could have something to do with a steadily increasing share of our national wealth concentrated in the hands of the wealthiest 10%, while the combination of costs for housing, insurance, medical care, food, and child day care make it increasingly difficult for the poorest 25% to make ends meet?
The top 10% hold 67% of all household wealth in this country today. That compares to 56% in 1989.
That is the way of the world, unfortunately. If the wealthiest 10% did not do what they do, there would be little for those bottom folks to do. That is a basic lesson of the Rust Belt.
There is a phenomenon at play here that I hate. I saw it first in Newport RI, and have noticed it at ski areas, and tourist areas everywhere. Carmel-by-the Sea is the worst I have seen
Tourist areas are damned expensive for the people that live there as the 10% come in and escalate all the prices for everything, because they can. Resort fever makes things difficult for the rest of us. Californication has driven prices here, in Colorado, Oregon and Washington through the roof.
The top 10% pay most of the taxes, the bottom 50% pay none.
Wow, what a heroic view of life. Just let things happen. Whatever!