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![]() Does anybody begruge them their inherited wealth? Heck no.
But the income inequality is pretty damn noticable. Those in the top 1% have seen their incomes skyrocket, while the bottom 99% have had their real incomes stagnant and get smaller over the past 40 years. The problem isn't capitalism, or being wealthy. The problem is that the system has been changed and set up and gamed, so that the wealthy get incredible breaks and get to keep and grow their money, while the poor earns 0.25% taxable on a savings account, and hopes for a mortgage deduction, while their wages go down while their production went up. That's right: Americans are working more, producing more, but their relative incomes, their wages paid for their hard work, have gone down. Put it this way: The US runs on the takeout. The wealthiest 1% live lives with little to no take out, but the bottom 99% has 15-30%. And they want to increase the take out on the bottom, to create more wealth at the top. http://www.salon.com/2011/12/08/the_...unding_family/ Quote:
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts |