infinity ag said:Quote:
For me it's not a matter of a wealth gap it's a matter of people in the middle class being able to spend on discretionary items while also being able to save responsibly. Right now a lot of people are struggling to make ends meet. I don't care if rich people get richer. Good for them. I want the middle class to simultaneously thrive. And I want people in the lower class to have good opportunities to advance into the middle class.
The issue is the rich are getting richer at the cost of middle class. So while Steve Moneybags goes from $100M to $200M, you see Steve Middleclass go from $50k to $52k.
Now if we could get Mr Middleclass to go from $50k to $100k AND Mr Moneybags go from $100M to whatever Million, I am all for it. But middle class and poor in America remain where they are.
Nothing stops middle from going 50k to 100k other than incompetence and unwillingness to learn investing and the discipline to actually save money instead of blowing everything as you earn it.