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Guest-5ty5s4
Guest
the ability to bootstrap yourself into the 1%.
Everything MJ said is spot on! Exactly what I was trying to say. I especially like this quote about being able to bootstrap your way into the 1%.
In a free society with capitalism and a free market, there is no “upper class” or “lower class,” everyone can move up and down! As the pendulum swings away from the free market, you see society more entrenched. People aren’t upwardly mobile. Your position is more SCRIPTED than ever before - it’s the law! That’s what happens the more you apply socialism. It’s a sliding scale - you don’t really notice it until it’s too late.
exactly. Keep in mind, a “small” business can have sales as high as $50 million.It is more like neo-feudalism is coming to the U.S.
Policies are rigged against high middle income and small business kind of wealth profile, bearing with high minimum wage, high regulatory cost (lack of economies of scale), and high tax (no access to tax havens).
On another hand we have multi-billionaires on news headline, running listed companies that never made a profit, paying at a lower tax rate using hq set up in Ireland and outsourcing most of the labor oversea.
The big companies are over a trillion. That’s more than the GDP of most countries.
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