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What you are saying is that, if you climb to the next upward quintile, it doesn't matter if your income stays in the dump. . .you should be grateful! I don't see it that way. Rising to the "next quintile" is meaningless. . .if the next quintile's income is no greater or barely greater than what you used to make when you were in the bottom quintile. And. . .obviously the "256%" rise in income for the top 1% has had a negative impact on everyone's income! In a fair society, the increase in income over time should be more levelled (as it is mostly in the bottom 90%. . .who has experience an average income increased of only 20 t0 25% over the last 30 years). If one looks at the way the top 1% has increased its income by 256%. . .you may find out that it was through closing manufacturing and sending the jobs over sea. . .which OBVIOUSLY affected the ability to earn a decent living for many people in the 90%! And this is ONLY one example! If you can't see that. . . you can continue to feel self-righteous and very arrogant, and continue to believe that you are the only one who understands the system. . .but it really doesn't much in real life!!! But I had enough of this. . .so enjoy this thread as long as you wish, and leave me alone.
What you are saying is that, if you climb to the next upward quintile, it doesn't matter if your income stays in the dump. . .you should be grateful!
I don't see it that way. Rising to the "next quintile" is meaningless. . .if the next quintile's income is no greater or barely greater than what you used to make when you were in the bottom quintile.
And. . .obviously the "256%" rise in income for the top 1% has had a negative impact on everyone's income! In a fair society, the increase in income over time should be more levelled (as it is mostly in the bottom 90%. . .who has experience an average income increased of only 20 t0 25% over the last 30 years). If one looks at the way the top 1% has increased its income by 256%. . .you may find out that it was through closing manufacturing and sending the jobs over sea. . .which OBVIOUSLY affected the ability to earn a decent living for many people in the 90%! And this is ONLY one example!
If you can't see that. . . you can continue to feel self-righteous and very arrogant, and continue to believe that you are the only one who understands the system. . .but it really doesn't much in real life!!!
But I had enough of this. . .so enjoy this thread as long as you wish, and leave me alone.