Quote:
Originally Posted by NC_Skins
Get your head out of your asses. Seriously. If you can't see what giving ALL the wealth to just a few select individuals is doing to the economy, then I really cant' help you. Nobody said that the wealth needs to be redistributed equally, but the gap in income between the wealthy and the poor is in large a reason why the economy sucks the way it does. Take away income from the middle/poor class, then you take away purchasing power and DEMAND out of the economy. It's basic economics.
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All due respect the wealth of top 1 percent is overblown. This video can explain it better then I can.
Full disclosure I grew up in a family that got to the top 1 percent for a time during the 90s in part due to the stock market boom. My father grew up in a family of four kids where the father was a humble Bureaucrat. Two of the kids in my Dads family went on to be VP's of major corporations, another became a partner at a major major firm and is literally a millionaire a couple times over. The fourth child went on to be an amazing parent.
The ability to move up through income brackets is what makes this country great and as I progress further into my career I want that chance to be made available to me. I personally think the Obama move towards socialism is overblown and fear mongering among die hard neo-cons but at the same time I want a party in the White House that makes it easier for businesses to do business.
From what I've seen in this election the Republicans are that party as the Dems seem more interested in their vendetta with Wall Street then they are getting the economy to work again.