Comments by "Tony Wilson" (@tonywilson4713) on "" video.

  1. I'm Australian but went to college in America (late 80s). So I follow what happens over there a lot and there's a very simple understandable explanation and its not simply an American issue either. The real problem (and there's a congressional budget office report that lays this out) is that 50% of the American population has gone nowhere for 30+ years. No matter who's in power (Democrat or Republican) nothing chnages and their lives go nowhere. Its the same for most of the developed world including Australia. Its just that its massively amped up in America.* During Obama's last 3 years in office the Top10% gained $18.3 Trillion while the Bottom 50% (who were hardest hit by the GFC the Top 10% caused) gained $0.4Trillion with 5x the population. Its almost 9-1/2 times the gains. That Bottom 50% is over 165 million people. That's more people than any European country and over 6x the population of Australia. Its staggering just how many Americans are not making any progress and so you know I checked Australia's data and it says the same story. We call it the 2 speed economy. Half the population goes at 1 speed and the other half goes at another much slower speed. So when those 70million people voted for Trump they were in fact SCREAMING for change. That's why both Hilary and Kamal failed. This is why Joe Biden won in 2020 because people said YES we want change but NOT a wrecking ball. Because the Democrats lost the economics discussion this time those 70 million said "O.K. F⋃CK IT Lets just go with the wrecking ball." That's why many of these Trump appointments wont just get through but they will be applauded by Trump's base. They are so fed up with decades of being stomped on that they just want the system torn down. The truly stupid part is they have no plans for what comes afterwards. History tells us this is what happened with BOTH the French & Russian Revolutions. The working class just blew a fuse and tore the place apart and because they had no plans on what to do next they wrecked their economies. So sadly I think America is going to be in for some damn tough times. Hopefully they wont do the French Reign of Terror thing.
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  2. I'm Australian but went to college in America (late 80s). So I follow what happens over there a lot and there's a very simple understandable explanation and its not simply an American issue either. This is exactly the same comment I just made to another comment. The real problem (and there's a congressional budget office report that lays this out) is that 50% of the American population has gone nowhere for 30+ years. No matter who's in power (Democrat or Republican) nothing chnages and their lives go nowhere. Its the same for most of the developed world including Australia. Its just that its massively amped up in America.* During Obama's last 3 years in office the Top10% gained $18.3 Trillion while the Bottom 50% (who were hardest hit by the GFC the Top 10% caused) gained $0.4Trillion with 5x the population. Its almost 9-1/2 times the gains. That Bottom 50% is over 165 million people. That's more people than any European country and over 6x the population of Australia. Its staggering just how many Americans are not making any progress and so you know I checked Australia's data and it says the same story. We call it the 2 speed economy. Half the population goes at 1 speed and the other half goes at another much slower speed. So when those 70million people voted for Trump they were in fact SCREAMING for change. That's why both Hilary and Kamal failed. This is why Joe Biden won in 2020 because people said YES we want change but NOT a wrecking ball. Because the Democrats lost the economics discussion this time those 70 million said "O.K. F⋃CK IT Lets just go with the wrecking ball." That's why many of these Trump appointments wont just get through but they will be applauded by Trump's base. They are so fed up with decades of being stomped on that they just want the system torn down. The truly stupid part is they have no plans for what comes afterwards. History tells us this is what happened with BOTH the French & Russian Revolutions. The working class just blew a fuse and tore the place apart and because they had no plans on what to do next they wrecked their economies. So sadly I think America is going to be in for some damn tough times. Hopefully they wont do the French Reign of Terror thing.
    1