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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.


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