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The U.S. Now Has More Millionaires Than Sweden Has People

2

Comments

  • SFGbob
    SFGbob Member Posts: 33,219
    Swaye said:

    10.2 million families have between 1-5 million bucks in the bank. That's more than I expected.

    When they say the "bank" do they include 401Ks?
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,331 Founders Club

    Sledog said:

    2001400ex said:

    Sledog said:

    Socialism will fix that! Millionaires will be just as poor and hungry as everyone else.

    And?
    And? You're an idiot!

    Envy the new democratic socialist party of communism slogan.

    You heard it from Hondo first.
    You write like you have a brain tumor
    2001400ex said:

    Sledog said:

    2001400ex said:

    Sledog said:

    Socialism will fix that! Millionaires will be just as poor and hungry as everyone else.

    And?
    And? You're an idiot!

    Envy the new democratic socialist party of communism slogan.

    You heard it from Hondo first.
    Triggered.
    The smart posters here. Just ask them
  • SFGbob
    SFGbob Member Posts: 33,219

    When does it start trickling down?

    It already has. Have you seen the unemployment rate? That's part of the trickle down.
  • 2001400ex
    2001400ex Member Posts: 29,457
    edited March 2019
    SFGbob said:

    When does it start trickling down?

    It already has. Have you seen the unemployment rate? That's part of the trickle down.
    In relation to tickle down, what do you think about the fact that incomes for the wealthy have grown significantly over the last 20 years yet incomes for the middle class have remained stagnant.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,331 Founders Club
    2001400ex said:

    SFGbob said:

    When does it start trickling down?

    It already has. Have you seen the unemployment rate? That's part of the trickle down.
    In relation to tickle down, what do you think about the fact that incomes for the wealthy have grown significantly one the last 20 years yet incomes for the middle class have remained stagnant.
    What is the cause and effect of linking the two?
  • SFGbob
    SFGbob Member Posts: 33,219
    2001400ex said:

    SFGbob said:

    When does it start trickling down?

    It already has. Have you seen the unemployment rate? That's part of the trickle down.
    In relation to tickle down, what do you think about the fact that incomes for the wealthy have grown significantly one the last 20 years yet incomes for the middle class have remained stagnant.
    What qualifies as "wealthy" and what qualifies as "middle class?" Where is that line drawn? Btw, how am I hurt by rich people making more money?
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    SFGbob said:

    When does it start trickling down?

    It already has. Have you seen the unemployment rate? That's part of the trickle down.
    In relation to tickle down, what do you think about the fact that incomes for the wealthy have grown significantly one the last 20 years yet incomes for the middle class have remained stagnant.
    What is the cause and effect of linking the two?
    Bob says trickle down works, see unemployment. If trickle down works, then incomes should be rising at the same rate for the middle class as the wealthy.
  • SFGbob
    SFGbob Member Posts: 33,219
    We in the media have a problem. Actually, it's a big problem for all of us. We have become addicted to the notion that, except for the top 1% or the top 10%, the incomes of most Americans have stagnated for decades. The problem is that, at best, this is an exaggeration and, at worst, an untruth.

    https://www.investors.com/politics/columnists/income-stagnation-myth-robert-samuelson/
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,331 Founders Club
    2001400ex said:

    2001400ex said:

    SFGbob said:

    When does it start trickling down?

    It already has. Have you seen the unemployment rate? That's part of the trickle down.
    In relation to tickle down, what do you think about the fact that incomes for the wealthy have grown significantly one the last 20 years yet incomes for the middle class have remained stagnant.
    What is the cause and effect of linking the two?
    Bob says trickle down works, see unemployment. If trickle down works, then incomes should be rising at the same rate for the middle class as the wealthy.
    Why?

  • SFGbob
    SFGbob Member Posts: 33,219
    2001400ex said:

    2001400ex said:

    SFGbob said:

    When does it start trickling down?

    It already has. Have you seen the unemployment rate? That's part of the trickle down.
    In relation to tickle down, what do you think about the fact that incomes for the wealthy have grown significantly one the last 20 years yet incomes for the middle class have remained stagnant.
    What is the cause and effect of linking the two?
    Bob says trickle down works, see unemployment. If trickle down works, then incomes should be rising at the same rate for the middle class as the wealthy.
    Kunt logic, is there anything it can't do?