1) Stagnating real estate prices and rents (which benefit almost everyone, except, apparently, the readers of SLOG, who like getting paying more money for less square footage.)
2) The increasing difficulty of getting "guaranteed" returns on almost anything financial these days.
This sure sounds like the fallout from the Great Depression, which also had 90/10 capital/labor splits instead of the Middle Class creating 50/50 capital/labor splits that made America strong.
@3 - Extra Credit Quiz Question: Which (all) recent presidents since 1980 helped the status quo and increased inequality?
Careful, this is a trick question.
---
However, I came here to say:
ESCAPE FROM THE 18TH CENTURY!!!
Can it happen, folks? WILL it happen?!
Or will the 1% finally win, now that we 99%ers no longer 'have the numbers' to confront their 'guns'???
Stay tuned! Keep watching TV! Don't become an activist, they'll just harass you into obscurity! Ha ha haaaa!
That's income.
You're leaving out:
1) Stagnating real estate prices and rents (which benefit almost everyone, except, apparently, the readers of SLOG, who like getting paying more money for less square footage.)
2) The increasing difficulty of getting "guaranteed" returns on almost anything financial these days.
*rubs hands* I've been waiting for this since the 80's! Surely it will work this time!
Careful, this is a trick question.
---
However, I came here to say:
ESCAPE FROM THE 18TH CENTURY!!!
Can it happen, folks? WILL it happen?!
Or will the 1% finally win, now that we 99%ers no longer 'have the numbers' to confront their 'guns'???
Stay tuned! Keep watching TV! Don't become an activist, they'll just harass you into obscurity! Ha ha haaaa!