Reply #3: Sad story, the bottom 20% is fighting for a seemingly ever shrinking 1% of resources

[TheKentuckian]

The next 20% doesn't have much more to scrap among each other for.

I just don't see how anybody can look at the current picture and figure it is within an adjustment or two of okay.

People are suffering for reasons. A big one is that the pie is the pie and if you give 20% 75% and more of the total economic benefit yearly and accumulated wealth even more so, your distribution model destroys demand and contraction is inevitable.

Our economy is completely propped up by government intervention via a key to the treasury, companies slashing employees and using a buyer's market to cut compensation and benefits while driving those that remain like slave to drive up productivity levels, prolonged period of zero interest for the big players, a tax code that does not encourage investment over profit, insane deregulation, and lots of speculation and fraud.

40% of your population cannot be made to make due with 7% or less of income in the same economy where a half percent get 20% or more. That's abject poverty.