Comments by "whyamimrpink78" (@whyamimrpink78) on "A Rigged Economy: This Is How it Works | Bernie Sanders" video.

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  4. +poptart 523 Actually most corporations don't pay the min. wage, they pay more. That is why less than 5% earn at or below the min. wage. Businesses don't pay more because they simply can't afford it. Disposable income going up means people have more money. Saying it hasn't kept up with inflation shows you have no idea what you are talking about. Low skill jobs have not seen their productivity go up much if at all. Productivity has increased due to technology and those that invested int that technology or those who invented it has seen an increase in their wages. It is called Skilled Biased Technological Change. The burger flipper at McDonalds is not more productive. Even at that everyone has seen the gains of increased productivity. Increase productivity means goods and services a better and cheaper. I, as a graduate student earning only $24,000 a year has a Galaxy S5 and a reliable car, a nice laptop and other material goods that are better than some one who was rich had in the 90s. The same goes for others who are low income. So to say all the gains went to the 1% is simply not true. Wealth does not equal income. Until you learn about that we can't discuss income inequality. To answer you question of 400 families owning more wealth than .......Consider this. A homeowner has 30 times more wealth than a renter. A homeowner has around 60% of their wealth tied into their home. Beyond owning a home the average person does not have much wealth. The reason why there are people on the top that have so much wealth is because they are the ones that own a major business. For example the Walton family own half of Walmart. Not everyone desires to do that. Wealth inequality is actually good and is a sign of a strong economy. It means that wealth is being created where everyone benefits. Now if you want to talk about income inequality we can, but you have to learn the difference between income and wealth. Until you do that we can't move on. Lobbying of politicians is simply a symptom of a disease. That disease is a federal government having too much power. If you want to remove lobbying of politicians then remove the power of the federal government and give it back to the states. If the federal government has no power than it can't be bought. This is exactly why the founding fathers wanted a limited federal government to where it actually had zero control of the citizens and wanted more power to the states and local government. It was to prevent exactly that. Attack the disease, not the symptom.
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