Sometimes I wonder…
Sometimes I wonder if socialist politicians in America purposely create legislation which uses government to shift wealth to the top 1% at an increasing rate and they do so secretly at first and then more and more publicly as time goes on.
They do this in order to create an artificial income disparity and then use that same disparity as a rally cry to infuse hate and resentment in the other 99% all while still signing off on legislation that acts opposite to their public stance, where said legislation continues to funnel more and more money from the average worker and into the pockets of the crony elite.
And all of this was done to unnaturally tilt the balance of America and to help ignite a Marxist revolution in a country that would otherwise naturally find a balance between employees and employers thanks to the power of the market, helping destroy a system which was never broken to begin with yet now seems beyond repair.
Or is that too large of a conspiracy to be real?
Paul Piff’s TED Talk might be the worst one I’ve ever seen. That’s saying a lot.
It cites such stupid, flawed or erroneous studies that I won’t even link you to this disaster.
America is the richest nation in the world. Our GDP was $15.09 trillion in 2012. That is enough money to eliminate extreme poverty worldwide 276 times over. Yet 146 million American’s (half of our population) live in poverty or are ‘near poor’.
#1, I don’t you understand how GDP works and what it actually measures.
#2, American “poverty”. The poorest American lives like a king in comparison to a significant portion of the world.
#3, You’re assuming that simply taking money from people and giving it to others is a way to eliminate “poverty”.
Some of you guys should just stay away (very, very far away) from economics.