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The Second Gilded Age Is Here

posted by Fnord666 on Sunday October 29 2017, @08:01AM   Printer-friendly
from the goose-and-the-golden-egg dept.

Robotron writes:

Wealth inequality stands at its highest since the turn of the 20th century - the so-called 'Gilded Age' - as the proportion of capital held by the world's 1,542 dollar billionaires swells yet higher. The report, undertaken by Swiss banking giant UBS and UK accounting company PwC, discusses the roles technology and globalization play in the status quo, and appears two weeks after the IMF recommended that the rich should pay more tax to address the enormous disparity.

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  • (Score: 2) by The Mighty Buzzard on Sunday October 29 2017, @04:45PM (3 children)

    by The Mighty Buzzard (18) Subscriber Badge <themightybuzzard@proton.me> on Sunday October 29 2017, @04:45PM (#589094) Homepage Journal

    As for Obamacare, your room mate most likely had a substandard plan that would have cut out if anything serious had happened.

    Nope. One of the Cadillac plans you hear about unions getting for their members. And you thought Republicans were the ones ass-fucking the unions...

    What went wrong is a bunch of mental midgets like you have no idea what you're talking about and choose to deliberately ignore the fact that there's more service being provided and the GOP has been deliberately doing whatever they can to sabotage the legislation rather than working with the Democrats to find ways of improving it.

    What went wrong is Democrats created a plan that took an enormous amount of money out of the middle class (only the middle class) and gave it to big corporations as a corporate entitlement in exchange for covering those who contribute very little to society but think they're owed first rate healthcare anyway.

    --
    My rights don't end where your fear begins.
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  • (Score: 1, Insightful) by Anonymous Coward on Sunday October 29 2017, @05:18PM (1 child)

    by Anonymous Coward on Sunday October 29 2017, @05:18PM (#589125)

    The more I see TMB posting in a discussion, the more confident I can be that reading it is a waste of time.

    • (Score: 2) by Azuma Hazuki on Monday October 30 2017, @04:21AM

      by Azuma Hazuki (5086) on Monday October 30 2017, @04:21AM (#589344) Journal

      Indeeeed. And the best/worst part is that the stupid carrion-molesting dipshit is too much of a terminal Dunning-Kruger case to see this and *shut the fuck up.* It's got to be some kind of cluster B personality disorder or something.

      --
      I am "that girl" your mother warned you about...

  • (Score: 0) by Anonymous Coward on Monday October 30 2017, @06:10AM

    by Anonymous Coward on Monday October 30 2017, @06:10AM (#589356)

    What you are describing is class warfare. It is just funny how you only blame the"one evil" for all ills, but will conveniently use "they're both equally evil" when it comes to playing defense.