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In reply to the discussion: Now will people believe me when I say we live in a de facto police state? [View all]MrMickeysMom
(20,453 posts)And, while we are drilling down on that, how would money directly increase that resource when 85 of the richest persons in the world have as much wealth as the poorest half of the world?
The people who needed the financial loopholes are at the top of the wealth income distribution. This is why trickle down economics never worked. There are no financial incentives for more and more jobs at McDonalds or WalMart. All that money never made it's way to well paying jobs.
The people I work around who tend to get "complacent" are those who started to go back to school, but deferred their money elsewhere (on the next generation), which laid them with unpaid student loans. The loopholes here allow one of my workmates to have 15% of her paycheck garnished. Now, there may be laws as to how much legally her paycheck may be garnished, but 15% of less than $10/hr when she works 40 hours a week doesn't give much hope to being able to climb her way up the ladder, especially when the ladder is horizontal. I am referring to the REAL welfare queens of society, which is the corporation she and I work for.
Your logic fails me when considering who exactly influences tax or labor loopholes. Congress doesn't have the ear of the 99%, it's the highest of income individuals. The Supreme Court has given this an even higher playing field.
I think over population of corporations is the thing you may reconsider, as they have far more influence over the competition of resources than you've thus far described.