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Another socialist myth debunked: inequality has not been rising

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posted on Dec, 2 2019 @ 04:54 AM
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a reply to: face23785

Looking at just the wealth distribution of the top 1% does not paint a holistic picture of what’s going on across all of the income tiers. Inequality is shifting considerably among tiers below the 1%. Nice try with your stats interpretation though.




posted on Dec, 2 2019 @ 05:08 AM
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a reply to: JBurns

You don't know a thing about socialists. Lol



posted on Dec, 2 2019 @ 06:41 PM
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originally posted by: Joecanada11
a reply to: JBurns

You don't know a thing about socialists. Lol




Well , there's One Thing I Know about it ....


" Socialism , You can Vote your Country into it but have to Shoot your way Out of it. " ......



posted on Dec, 4 2019 @ 07:33 AM
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a reply to: pexx421




Somebody apparently bought into all that American exceptionalism. Too bad it’s all lies.


A better term is Individual Exceptionalism. The people who make
the choice to be exceptional vs average.

Read the bio of people like Oprah Winfrey, Michael Dell and
Sylvester Stallone and you'll understand these people are
rich because they lived a consistent lifestyle of being
exceptional.

It's not American exceptionalism but individuals
who learned how to excel.



posted on Dec, 4 2019 @ 10:28 AM
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originally posted by: ravenshadow13
a reply to: face23785

Looking at just the wealth distribution of the top 1% does not paint a holistic picture of what’s going on across all of the income tiers. Inequality is shifting considerably among tiers below the 1%. Nice try with your stats interpretation though.


The problem with your thinking is that income tiers are not fixed. People move in and out of income groups over the course of their careers. When I was in college, I was in a lower tier. After graduating, I moved up quite a bit. After grad school, even more. In my 30s till now, I've typically been in the 1-2% income bracket. However, as I cut back on working, I fall down in brackets.

There have been studies showing that the vast majority of people who are in the lowest tier income of any given year, don't stay there. They've literally followed actual INDIVIDUAls when conducting studies, not just looking at anonymous income distributions among tiers.



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