r/FluentInFinance • u/ProgressiveSpark • 27d ago

Wealth inequality in America: beliefs, perceptions and reality. Discussion/ Debate

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What do Americans think good wealth distribution looks like; what they think actual American wealth inequality looks like; and what American wealth inequality actually is like.

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u/strangefish 27d ago

This is what happens when you stop taxing the rich, which basically started in 1980 with Ronald Reagan and has gotten worse with Trump and Bush. The estate tax was also a major factor in keeping the rich from getting super wealthy, and they gutted that as well. Also, not raising the minimum wage.

The Republicans do everything they can to make rich people richer. If you are not super rich, you shouldn't be voting for them.

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u/XxRocky88xX 27d ago

Unfortunately the people that do vote for them are way too concerned about deporting all the non-whites, arresting all the gays, and preventing people from affirming their gender to be bothered with the fact they’re being screwed by almost every bill that republicans push through.

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u/NotGone2GlueFactory 27d ago

I'm convinced that immigration, abortion, guns, and gender issues are continuously pumped up by the media (controlled by elites) to keep everyone at each others' throats, so they don't noticed they are getting screwed so badly. So the 1% waltz to the bank with middle class wealth unimpeded. Industrialist Jay Gould said something like this, during the first gilded age, long ago - "I can pay half the working class to fight the other half." This, folks, is what we have in the media today.

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u/RustyImpactWrench 27d ago

Misquoting probably, but, "they keep us fighting a culture war so we don't fight a class war"

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u/caniborrowahighfive 27d ago

If we are being honest, these culture wars are to keep white men and (their wives who vote the same as them) angry enough to continue to vote against their own interest and for the republican party because some "not real" American may gain more success than they have if a Democrat is elected.