Politics
Out of context: Reply #18923
- Started
- Last post
- 33,467 Responses
- formed0
Good article, not really overlooked, though.
Corporations have "strategically" increased profits by cutting out the middle wages, increasing exec pay exponentially ('cause hey, don't "penalize success", right? Crap).
I still believe that at least parts of the fall were orchestrated. Just too much wealth distribution (and power) to the top for it all to be just a coincidence. The middle class is the ultimate victim.
35% of home sales this year have been cash-only, investor driven. Very little condos are being built, all apartments (again, wealth going to a very few).
So no new wealth being created for the middle class, it just continues to disproportionally go to the 1%.
Brilliant, really. Who needs a middle class anyway? Just let the lower classes have just enough to scrape by and consume.