A majority of Americans agree that the unequal distribution of income and opportunity in the U.S. has gotten to be too much.
Economic inequality in the U.S. is rising. It has increased exponentially since the 1980s, according to a new Pew Research Center report on the topic. In 1980, the households that ranked in the top 10% of earners had about nine times the income as those in the bottom 10% of earners. In 2018, the top 10% of earners had about 12.6 times more than households at the bottom. That's a 39% increase, according to Pew.
Those demographic changes have become a rallying cry for several politicians seeking the Democrat presidential nomination, so it's no surprise that more Democrats see this as a major issue than Republicans. About 78% of those who identify as Democrats say there's too much economic inequality, while about 41% of Republicans agree, according to the Pew Research Center survey.
More here
[And 'economic equality' is a tenet of what form of government? --Editor]
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Mike Bloomsburg doesn't think so.
ReplyDeleteAnd there always will be.
ReplyDeleteFor small businesses not being able to borrow at low interest rates without collateral is one reason,wasn’t that way before the financial crisis of 2009.
ReplyDeleteWhen the economy is doing well under Republicans Democrats pivot to Communism as they way.... Equality through poverty
ReplyDeleteI really don't want to live in an "equal" world. Equal housing sucks. Everything "equal" always gravitates to the least and lowest. Long live freedom and opportunity!
ReplyDeleteAs Lamar Jackson's shirt says: Nobody cares; work harder!
ReplyDeleteStop complaining and do something about it. Those in the top 1% didn't get there by accident -yes some lucky timing- but most of those people in the 'upper crust' sacrificed a lot of time and effort to get where they are.
My wife and I sacrificed for years when we got married to put ourselves through school: we were eating mac-and-cheese, tuna fish and spaghetti almost every night and not going out, duct-taping our cars together instead of buying a new one every 3 years, and when we did, we bought a 'new' used car. Then we were able to put OUR kids through school. Finally, it's our turn, and all that hard work paid off and we are getting close to that 1%. It doesn't happen overnight. It takes many, many years if you put in time a lots of effort.
That's the 61% that live off working people's money.
ReplyDeleteThose 61% need to get an education and start working hard to be successful. Thats what the other 39% did. Just an idea.
ReplyDeleteOnly 61% because the other 39% aren't educated enough to realize it. They're satisfied getting their news on facebook
ReplyDelete855
ReplyDeleteGlad it worked out for you
Is it possible that you and your wife are exceptional people?
Is it possible to still have compassion for others once one attains your status in life?
Screw the poor, they are poor due to no ambition to work their way out of poverty. Mt grandfather came here with no money in his pockets and no skills. He worked hard at any job he could find, and saved his money. He bought his fist gas station and lived in the back. He continued to keep working and saving and bought a house. Raised 5 kids, put them thru college. Retired comfortable in Boca.
ReplyDeletePoor should get off their Lazy asses and grab every job they can and work!
That was years ago 209
DeleteThings has changed
Face it readers, the American dream is gone. Had work is rewarded by more hard work in 99% of the cases now. The wealthy elite keep pushing the working people deeper and deeper, no chance of becoming a comfortable home owner
ReplyDelete