economy looking strong and good, this system is stable and will persist into the foreseeable future
and if any negative numbers start surfacing you can always just stop reporting them
Blame Biden
The treats must flow
And it’s not just that they get half of the goods and services, it means we spent half of our work making that stuff, cause it has to come from somewhere. And a big part the rest flows into war or financial speculation. I wonder how much of 90% people’s work time (created value) actually goes towards their own consumption. Has to be less than 50% apparently.
This is a pretty clear way of putting it. Half of all products of our labour go to the richest 10%.
And those 10% probably don’t produce anything at all. So we could all cut our working hours in half tomorrow while those 10% could get real jobs.
Lest you be tempted to think that the top 10% goes that far, according to Census Bureau statistics, 14% of households made more than $200k last year.
