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Discussion Starter #1
https://fee.org/articles/us-househo...-2018-than-in-the-previous-20-years-combined/


The most interesting parts of the "Trump Economy" was that the bottom fifth of earners were disproportionately the beneficiaries of the increased income (much more so than the top fifth), and that Hispanics benefited substantially more than Caucasians and Asians.

That's an interesting legacy for an administration accused of racism and favoritism to the wealthy.
 

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https://fee.org/articles/us-househo...-2018-than-in-the-previous-20-years-combined/


The most interesting parts of the "Trump Economy" was that the bottom fifth of earners were disproportionately the beneficiaries of the increased income (much more so than the top fifth), and that Hispanics benefited substantially more than Caucasians and Asians.

That's an interesting legacy for an administration accused of racism and favoritism to the wealthy.
Don't worry...that's all about to be reversed....and decline for all but the very wealthy accelerated. :)
 

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Discussion Starter #3
Concentration of power always favor those who are already powerful. That's the secret sauce in the welfare/warfare state.
 

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Company I’ve been with for 22 years and 2018/19 were the best years by far of any of those in terms of raise/bonus. I’m not in the bottom 1/5th, or top 1/5, but I did see a significant difference. COVID is likely driving a no bonus/raise situation for 20...not complaining, glad to have a job! It’s not looking good with the potential of Bidet ;) flushing a lot of what’s left down the toilet in future years!
 

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Me too. Glad to have a job....not sure how long that will last with what's likely coming though.
 

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Discussion Starter #6
I'm sure that no government jobs will be lost, though.

You're just a peasant--your job is to pay for the support of the ruling class.
 

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I'm sure that no government jobs will be lost, though.

You're just a peasant--your job is to pay for the support of the ruling class.
Whether to this explicit degree or not, I suspect people have been waking up to this and seeking employment accordingly. I honestly don't even want to know how many people are on government payroll at this point....my gut tells me it's a lot, and that regardless of how the migration was incentivized, the end result is the same.

Government support.
 
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As always, the essential (privileged) class (government employees) will become wealthy through their position and prestige, while hardly working at all. The peasant classes will support them--even if the peasants are not allowed to earn money.

The only rational response to such a system is to join the privileged class.
 
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