Dr. Jill

[Jim in CT]

Originally Posted by Raider Ronnie

You should run for President.
If Joe can be President with his advance Dimensia you wouldn’t be any different !


The only thing Joe is doing is putting the middle class in the poor class.
Posted from my iPhone/Mobile device

the rich are getting richer, and with inflation, the middle class is taking a serious beating. but we can’t talk about that.

serious question, is the infastructure bill doing anything?
Posted from my iPhone/Mobile device

[Pete F.]

Originally Posted by Jim in CT

the rich are getting richer, and with inflation, the middle class is taking a serious beating. but we can’t talk about that.

serious question, is the infastructure bill doing anything?
Posted from my iPhone/Mobile device

It’s no longer good that the rich are getting richer?
Are you now claiming that is bad?
They no longer deserve it because………
Unbelievable
Posted from my iPhone/Mobile device

[Jim in CT]

Originally Posted by Pete F.

It’s no longer good that the rich are getting richer?
Are you now claiming that is bad?
They no longer deserve it because………
Unbelievable
Posted from my iPhone/Mobile device

no i think it is good. but its interesting that you aren’t complaining about the middle
class getting crushed by inflation. because the potus is a democrat.

politics is all that matter.
Posted from my iPhone/Mobile device

[Pete F.]

Originally Posted by Jim in CT

no i think it is good. but its interesting that you aren’t complaining about the middle
class getting crushed by inflation. because the potus is a democrat.

politics is all that matter.
Posted from my iPhone/Mobile device

So you think there’s no correlation between the two?

“ the rich are getting richer, and with inflation, the middle class is taking a serious beating. but we can’t talk about that.”
Posted from my iPhone/Mobile device

[detbuch]

Originally Posted by Pete F.

So you think there’s no correlation between the two?

“ the rich are getting richer, and with inflation, the middle class is taking a serious beating. but we can’t talk about that.”
Posted from my iPhone/Mobile device

The middle class has been taking a beating before the current inflation, and during previous inflations. And the middle class has gotten richer when the rich got richer and has shrunk when the rich got richer. So it seems that the shrinking of the middle class is correlated to something other than inflation or the rich getting richer.

There seems to be a correlation between the shrinking middle class and the growth of centralized corporate and government power.

[Pete F.]

Originally Posted by detbuch

The middle class has been taking a beating before the current inflation, and during previous inflations. And the middle class has gotten richer when the rich got richer and has shrunk when the rich got richer. So it seems that the shrinking of the middle class is correlated to something other than inflation or the rich getting richer.

There seems to be a correlation between the shrinking middle class and the growth of centralized corporate and government power.

Corporate power controls government power, perhaps you missed that.
Has since Citizen United
Posted from my iPhone/Mobile device

[detbuch]

Originally Posted by Pete F.

Corporate power controls government power, perhaps you missed that.
Has since Citizen United

Perhaps you missed that it's a symbiotic relationship. They need each other. Politicians are not forced into the relationship. They enter it for the same reason the corporations do. The money and the power.

And that relationship is responsible for the centralization of government and corporate power. And that centralization of power correlates more thoroughly with the weakening of the middle class than the correlation of that to the rich getting richer.

It is the reason the middle class and the individual and local government have lost power and the central government and centralized business have become more powerful.

[Jim in CT]

Originally Posted by Pete F.

So you think there’s no correlation between the two?

“ the rich are getting richer, and with inflation, the middle class is taking a serious beating. but we can’t talk about that.”
Posted from my iPhone/Mobile device

no. to assume there has to be a connection, is to assume that wealth is finite, that it’s a zero sum game, that one person getting richer must get offset my someone else’s getting poorer.

do you believe that’s the case?
Posted from my iPhone/Mobile device

[Pete F.]

Originally Posted by Jim in CT

no. to assume there has to be a connection, is to assume that wealth is finite, that it’s a zero sum game, that one person getting richer must get offset my someone else’s getting poorer.

do you believe that’s the case?
Posted from my iPhone/Mobile device

Simply put, Wealth measures the value of all the assets of worth owned by a person, community, company, or country. Wealth is determined by taking the total market value of all physical and intangible assets owned, then subtracting all debts. Essentially, wealth is the accumulation of scarce resources.
Control of the distribution of resources enables some to accumulate an amount of wealth that is not commensurate with their investment or the commensurate risk of what they have invested.
This is achieved by political control of laws and regulations to ensure that the controlling parties risk is minimized and return maximized.
Posted from my iPhone/Mobile device

[Jim in CT]

Originally Posted by Pete F.

Simply put, Wealth measures the value of all the assets of worth owned by a person, community, company, or country. Wealth is determined by taking the total market value of all physical and intangible assets owned, then subtracting all debts. Essentially, wealth is the accumulation of scarce resources.
Control of the distribution of resources enables some to accumulate an amount of wealth that is not commensurate with their investment or the commensurate risk of what they have invested.
This is achieved by political control of laws and regulations to ensure that the controlling parties risk is minimized and return maximized.
Posted from my iPhone/Mobile device

is wealth finite? is one persons wealth, necessarily offset by another persons poverty?

yes or no.
Posted from my iPhone/Mobile device