gtyellowjacket
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I also think that the 1% slogan, while catchy, really doesn't do a very good job of capturing the issue. 1% in America is making a little over 500k a year. That's a lot but it doesn't touch what the truly wealthy are making.Hating the successful/rich is the underpinning of MAGA. We're already a decade in as a political movement. I know it sound surprising given who is the figurehead of MAGA, but the vitriol from many supporters of MAGA begins with their insufficient resources to live the American dream. They want to go back to the 50's/60's because a single income of even a factory worker was sufficient to own a home, raise kids and have a stay at home spouse, when CEO salaries were 20x of the average worker rather than the current 275x. In the strive to improve their bottom line, American businesses have economically strangled their customer base.
I know it is easy to lay the MAGA movement at the feet of racism, misogyny & ignorance, and there is some of that, but IMO the driving force behind MAGA is income inequality.
Couple of tidbits I've heard recently, possibly on here so apologies if I'm stealing anything from anybody:
-What's the difference between a millionaire and a billionaire? A billion dollars.
- 1 million minutes is a little under 2 years. 1 billion minutes is 1,900 years. That's the scale of the difference between a millionaire and a billionaire.
I don't think the 1% is the problem. It's the .1% and .01% that needs to be looked at with a different capital gains tax strategy and estate taxes. Some more favorable Union and worker protection laws would help too.
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