Top 1 Percent Of Americans Owns 40 Percent Of The Nation’s Wealth This Needs To Change (illegal immigration, banks)
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Because they are sending that money out of the country.
$22 billion left the US economy last year and got sent to Mexico. That is just Mexico. More money got sent to other countries as well.
They are earning the money here but not spending it here.
The money is leaving the system.
It gets sent to every country the immigrants come from. I have a friend whose wife is Filipino and they send money there. We know of a few Salvadorans who send their cash down there.
You wanna know the sad part? The present regime has no problem with it at all.
But they can sure get to Walmart and have their nice clothes and designer sneakers.
Cry me a river about how they have "nothing".
They choose to spend that money rather than invest that money.
Texas EBT cards are being used in FL, CA and Hawaii to buy food.
How the hell are they getting to these cities from Texas if they "have nothing left" ?
Why do they eat the worst food, are always out and about, have plenty of cigarettes, beer and other things the truly impoverished couldn't afford?
The victim mentality is all that guy can focus on. You can probably find him hanging out at 7-11 bumming change.
Of course you can back all of this up with some kind of proof.
More bull dung I suspect.
Don't you right wingers ever get sick and tired of spreading lies and misinformation?
Alleging widespread welfare fraud again? You must listen and watch O'Reilly a lot. Which is where the false rumors of people using food cards for steak and lobster came from. Have you people no shame?
What do you mean by "you people"?
Are you being racist here? Of course you are...you imply 'right wingers are spreading lies and misinformation'. That's liberal code for 'I hate white people'.
Wealth inequality has grown because the rich are becoming richer, and the middle class and poor persons wages are stagnant and are losing ground, not because of immigration, which is, another right wing talking point parroted in internet forums and blogs.
And you keep voting for losers. Who is POTUS? He doesn't care about wealth inequality as he and his ilk are the elite 1%.
Allowing millions of dirt poor immigrants to freely enter our economy dilutes just as does printing $85,000,000,000.00 a month. All of those people will go on public assistance - taking from us all - and knock us down a few more notches. Those who have less to begin with will have less when the immigrants flood our borders unimpeded. It is already obvious in the current job market.
What a crock of lies most everybody can not just move up a ladder due to ability or not enough room for a bunch of supervisors.This type of ignorance that everybody can just move up is pretty amazing. Hard work is hardly a measure of success many hard working people are still poor.
Yep...that mindset is what holds people down. Keep browbeating them with your message and they start to believe it. Then you have a bunch of people who are defeated before they even tried. They then wind up on public assistance because that way of life has been presented as the best they will ever be and they believe it.
How do Asians move here, open up a restaurant and within 5 years have a chain of them? Who owns 7-11s? How did they acquire them? They pursued the American dream day after day after year after year and arrived. They did so without cable/satellite, video games, eating out and the latest and greatest new car they couldn't afford.
People move up when they get their minds right and apply themselves to a goal. That goal could be owning your own big riding mower rather than riding another's every day. You can make more money on your own and you gain some independence as well. It's hard work but it shoots your theory down.
If growing wealth inequality harms the country and is a threat to the nation's well being....then shouldn't we reduce the millions of no/low wealth immigrants to the country?
Mexico does this to an extent. I am not necessarily advocating it, just asking a perfectly reasonable question.
I am not "blaming" wealth inequality on anyone. Stop dodging reality with your ad hominem attacks. You have chickened away from my argument and then attacked me as a person.
I am factually stating that letting in millions of immigrants with low/no wealth will mathematically create more wealth inequality.
This really isn't a difficult concept to grasp. Let me make it more elementary for you. If your road has 10 households on it with an average net wealth of $150K. Now a new house is built on the end of the road adding a new family and their household has a net worth of $0... The wealth inequality of your road has just changed and has greater disparity, has it not?
First, please show your data that confirms your conclusion that it's all about immigrants.
Second, millions of immigrants don't explain why in 1976 the richest 1% took home 9% of national income and now take 25%; 25% of all stocks are owned by the top 0.1% and the average CEO earns 380 times as much as the average employee.
What is the optimum multiple for CEO to employee compensation?
This needs to change and some people do not see this as a problem . This right here is why republicans should never have a majority of any every again if they do they will own 60% to 70% of the wealth and US will be a third world country
Why does that need to change???? Get off your butt and get some money for yourself!! Create something!! Built something!! Invest something!! Those 1 percent aint stopping you from making money!!
This aint Russia!! In America, you can be what you want!! You can be part of that 1 percent and have people like YOU jealous of your wealth and telling you that you don't deserve it!!
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What do you mean by "you people"?
^^^
