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Hortensis

(58,785 posts)
31. :) If it can only become worse, though, what happens when
Mon Sep 3, 2018, 11:56 AM
Sep 2018

we the people have 0% of the nation's wealth?

And will then it only continue to become worse from there? What would our having -20% of the nation's wealth look like?

Civic problems build until they force change. The Progressive and progressive New Deal eras were forced changes that, mercifully, were both steered by alliances of (overall) mainstream liberal and moderate conservative leaders. That lead to a wonderful, long era of general wellbeing and prosperity.

Unfortunately, we the people didn't take care of it and let it be taken away. And now the type of change the consequent decline is inevitably leading to is once again uncertain.

Our biggest problem now is that the new hideously wealthy classes read history and have been successfully dividing and conquering (so far) the electorate who defeated their forerunners. Otherwise, it'd be pffft! 200 million voters, 30 thousand of them? The big national question would be the best plan for eliminating centimillionaire and billionaire classes we should never have allowed to rise.

Will we do as well as our grandparents and, courtesy of democracy allied with new productivity levels, usher in the greatest period of prosperity in the history of the world, or will our foes succeed in imposing some form of right-wing, socially conservative authoritarian rule?

Whichever, there's going to be change.

When the wealthiest have most of the wealth, there is little left democratisphere Sep 2018 #1
:) If it can only become worse, though, what happens when Hortensis Sep 2018 #31
Already got notice of my next rent increase... Wounded Bear Sep 2018 #2
The prices on everything just keep going up and up. Yep, the fallout will be incredible. n/t RKP5637 Sep 2018 #6
It is inevitable. dalton99a Sep 2018 #3
We're due True Dough Sep 2018 #4
Mueller, the Democratic Party, Liberals and Progressives, Iliyah Sep 2018 #7
He'll blame everyone, and if he's out of office, he will say he was the greatest. n/t RKP5637 Sep 2018 #8
Wages are going down but cost of living is rising Iliyah Sep 2018 #5
Exactly, the math makes absolutely no sense. It's inevitable. n/t RKP5637 Sep 2018 #10
So true bluestarone Sep 2018 #9
tRump thinks it just great if people are working several jobs to try to survive. He will RKP5637 Sep 2018 #11
We're just $50B from Trump adding a TRILLION $$$ to the National debt since Jan 1st..... Bengus81 Sep 2018 #12
Any other republican president would have done EXACTLY what trumpft did. Merlot Sep 2018 #15
We have an economy for the few, not the many. CrispyQ Sep 2018 #13
Yep Cosmocat Sep 2018 #22
K&R smirkymonkey Sep 2018 #14
Highest gas prices since 2014. yallerdawg Sep 2018 #16
We are always gettng closer to the next crash Cary Sep 2018 #17
IOW proceeding as planned Hermit-The-Prog Sep 2018 #18
The economy is an illusion bound to crash The Liberal Lion Sep 2018 #19
We are always getting closer to the next crash because strangedaysindeed Sep 2018 #20
Yes, they keep repeating the same 'ol same 'ol blue-wave Sep 2018 #25
2013, I had one of the large box stores come out and install new padding and carpet in a bedroom dameatball Sep 2018 #21
I just installed new floors marylandblue Sep 2018 #28
Interesting. today was my 4th visit to this store. First was to get someone out to take measurement dameatball Sep 2018 #36
You can always negotiate. marylandblue Sep 2018 #37
I did the budget thing....retired....fixed income......seems like it worked. dameatball Sep 2018 #38
But The Orange Fuehrer is building a wall treestar Sep 2018 #23
Just try buying groceries on a fixed income...! Ford_Prefect Sep 2018 #24
Prices going up, combined with inflation by deflation... WePurrsevere Sep 2018 #30
Not just groceries either... llmart Sep 2018 #32
I believe we are close, blue-wave Sep 2018 #26
When you transfer so much wealth duforsure Sep 2018 #27
Yet If You Listen To The Talking Heads On The Cable Channels..... global1 Sep 2018 #29
An excellent analysis by Robert Reich Uncle Joe Sep 2018 #33
Your welcome turbinetree Sep 2018 #35
And the sad part is the out of touch orange shitgibbon Norbert Sep 2018 #34
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