Pelosi says capitalism has not served the U.S. economy

[T. A. Gardner]

Obviously it is you that once again is forced to show off your ignorance. "Wealth inequality" has been a force to be reckoned with since the founding of the country. It deprives the "working class" of the capital necessary for them to advance, and insures that the likes of the Waltons, or Bezos, will continue to advance at the expense of the working class. You might try to do some research on why Jefferson, and Madison, attempted to eliminate the inheritance of an estate by family members. Then too, Jefferson, Adam Smith, and others supported unions something else your kind hates.

https://www.conlaw.org/Intergenerational-II-2-4.htm

If that is true, it still doesn't explain how to rectify it. It certainly won't happen if you try to do it through taxation and redistribution. That just concentrates more wealth in the hands of government who is long proven the most inept investor you can find.

[SmarterthanYou]

I give up, what?????????????????????????????????????????????? ??????????????????????????

since you don't know, we can just consider your answers the horseshit that they are..............go crack a fucking book, you idiot

[BidenPresident]

since you don't know, we can just consider your answers the horseshit that they are..............go crack a fucking book, you idiot

OKAY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!

[SmarterthanYou]

OKAY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!

maybe you should stop posting your wishes and desires as some sort of historical fact...........just saying

[BidenPresident]

maybe you should stop posting your wishes and desires as some sort of historical fact...........just saying

Stop being a troll, you stupid asshole.

[SmarterthanYou]

Stop being a troll, you stupid asshole.

stop projecting your inadequacies on the rest of us, traitor

[Nordberg]

Semantics fallacies. Dictionaries do not define words. That is not the purpose of a dictionary. People do.

That is exactly what dictionaries do. What kind of world have you cobbled together? You type the dumbest shit so proudly.

[BidenPresident]

That is exactly what dictionaries do. What kind of world have you cobbled together? You type the dumbest shit so proudly.

He may be insane.

[Old Trapper]

If that is true, it still doesn't explain how to rectify it. It certainly won't happen if you try to do it through taxation and redistribution. That just concentrates more wealth in the hands of government who is long proven the most inept investor you can find.

The concentration of wealth in the hands of the few has led to what fools like you seem to fear, wage suppression, and an autocracy. The support by the right wing for unpaid for wars, and unpaid for tax cuts for the wealthy with their presumed "trickle down" benefits, has led no where. And the constant ranting of the right with their lies about "redistribution" has never stopped them from redistributing the wealth to the 1%. It has only created more poverty, and hopelessness.

[Into the Night]

I give up, what?????????????????????????????????????????????? ??????????????????????????

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHA! You are fucking clueless dude! You have NO clue what is in the Constitution!

[Into the Night]

Stop being a troll, you stupid asshole.

Inversion fallacy. Trolling.

[Into the Night]

That is exactly what dictionaries do.

Nope. Dictionaries do not define words. No dictionary owns any word.

[Into the Night]

The concentration of wealth in the hands of the few has led to what fools like you seem to fear, wage suppression, and an autocracy. The support by the right wing for unpaid for wars, and unpaid for tax cuts for the wealthy with their presumed "trickle down" benefits, has led no where. And the constant ranting of the right with their lies about "redistribution" has never stopped them from redistributing the wealth to the 1%. It has only created more poverty, and hopelessness.

You are describing Democrats.

[leaningright]

Well, Pelosi’s an idiot so, there’s that.

[Cinnabar]

The concentration of wealth in the hands of the few has led to what fools like you seem to fear, wage suppression, and an autocracy. The support by the right wing for unpaid for wars, and unpaid for tax cuts for the wealthy with their presumed "trickle down" benefits, has led no where. And the constant ranting of the right with their lies about "redistribution" has never stopped them from redistributing the wealth to the 1%. It has only created more poverty, and hopelessness.

I always post this when this subject comes up because it is spot on!

The Middle Class is not “Normal”

There’s nothing “normal” about having a middle class. Having a middle class is a choice that a society has to make, and it’s a choice we need to make again in this generation, if we want to stop the destruction of the remnants of the last generation's middle class. Despite what you might read in the Wall Street Journal or see on Fox News, capitalism is not an economic system that produces a middle class. In fact, if left to its own devices, capitalism tends towards vast levels of inequality and monopoly. The natural and most stable state of capitalism actually looks a lot like the Victorian England depicted in Charles Dickens’ novels.

At the top there is a very small class of superrich. Below them, there is a slightly larger, but still very small, "middle" class of professionals and mercantilists - doctor, lawyers, shop-owners - who help keep things running for the superrich and supply the working poor with their needs. And at the very bottom there is the great mass of people - typically over 90 percent of the population - who make up the working poor. They have no wealth - in fact they're typically in debt most of their lives - and can barely survive on what little money they make.

So, for average working people, there is no such thing as a middle class in “normal” capitalism. Wealth accumulates at the very top among the elites, not among everyday working people. Inequality is the default option.

You can see this trend today in America. When we had heavily regulated and taxed capitalism in the post-war era, the largest employer in America was General Motors, and they paid working people what would be, in today's dollars, about $50 an hour with benefits. Reagan began deregulating and cutting taxes on capitalism in 1981, and today, with more classical "raw capitalism," what we call "Reaganomics," or "supply side economics," our nation's largest employer is WalMart and they pay around $10 an hour.

Read on at...https://www.thomhartmann.com/blog/20...ormal%E2%80%9D