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dangerouslytalented
The Young Turks
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Comments by "dangerouslytalented" (@dangerouslytalented) on "Crazy Graphs: Rich Vs Middle Class & Poor" video.
@DarthKap You are saying it is a slippery slope. It is not. It is more of a balancing act. Too much you get stagnation and massive debt. Too little you get the wealthy sucking up all the wealth and you get massive debt.
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@unworld The way real wealth is created is down amongst those who work for it. If they don't have money, then there are no customers. If there are no customers, the wealthy have no incentive to build factories and supermarkets and stuff, therefore there are no jobs.
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@k0d14k1 ... that is not all that much, considering how long it had been since the last time it went up, it does not keep up with inflation.
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The top 400 families own more than that bottom 50%. This is BAD for the economy because the poor are the ones that buy stuff, and the rich will not build factories and stuff unless the poor have money to buy stuff.
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@StargazingTomThumb There is mass inequality, but then again, there is going to the extreme, where it is actually bad for the economy, because the rich will not invest in creating jobs because poor people don't have the money to spend.
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@DarthKap Greece is not a model socialist state, why don't you look at Denmark or Sweden or Japan or Australia if you want to compare?
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@DarthKap But these moderate socialist countries (not too much socialism, not too little) are not having nearly as much trouble.
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@bbehgam whoops you replied to me and not to unworld. But I would like to say a HELLYEAH to you.
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