I showed you 7 ways the rich have widened the gap between us and them.You’re thinking is backwards, progressives like yourself want to control everybody they disagree with and expect everybody they disagree with the comply to your ruleThis is one way the rich have widened the gap between the rich and poor but not the only wayPolitics are a mirror of the people - they don't cause the people to feel certain ways (especially in democracies).
Politics has become more extreme because the wealth gap is exploding and 95% of the population have not a clue why they are being left behind, why they are accumulating so much debt yet don't seem to be any farther ahead.
I have said it before - it is the Central Bank (the Fed) and the federal government giving it the 'all clear' to manipulate the economy to the benefit of the wealthy (whether intentionally or not - probably both).
Ever since 2001 (and ESPECIALLY since 2008), the Fed has RUN the economy - specifically, the Equity markets. It is they who have caused the stock markets to explode. But not because of sound fundamentals. But because of stock buybacks (that's when corporations take out huge loans at tiny interest rates and use the money to buyback their own stock. This raises the price of their stock and helps the bottom line look better).
And when stock markets go up - usually it is the wealthy/upper middle classes who most benefit. The poor own zero stock and the middle classes precious little.
This has caused a ginormous growth in millionaires, the poor are growing in number too and the middle class are shrinking.
Look at food stamp usage:
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Sure, it's dropped since the end of the Great Recession. But it is still nowhere near where it was before the GR. Yet the stock markets have boomed in that time (though they have flattened out since the Fed started to back off on ZIRP and QE).
And look at the M2 Money Velocity:
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Velocity of M2 Money Stock
This chart means that money is not changing hands...FAR less then at any time since at least the 1950's. Why? Because people are not buying things with existing income/savings..they are using new, cheap debt. This slows down the velocity.
And if you notice, usually when the velocity slows down, the economy slows with it.
So, the rich are getting MUCH richer, the economy is semi-stagnating (sub-3% REAL GDP growth) and the rest of the country are falling behind.
BTW - VERY few people are aware of all of this. The media almost NEVER talks about it...and neither do the politicians (Trump did during the campaign - somewhat. But as soon as got into office, he has not said a word about it). And it is - btw - going on around the world in most major economies....it is NOT limited to America.
The bottom line is people are falling farther into debt and are falling farther and farther behind the wealthy. And they don't know why and they are getting sick of it.
So, they are turning to extremes. The right is turning to the Trump extremism. And the left is turning towards socialism.
It is not a decay in society as a whole. It is simply the result of financial situations due to central bank/political elite financial manipulation that are hurting the masses...without their direct knowledge.
It will eventually all end (when the debt bubble pops). But that could take decades...so strap in for a wild, political ride in the meantime.
They hire illegals. Illegals flooded in and that floods the market with low wage workers. It kept wages down and the rich hire these illegals.
Tax breaks for the rich
Sending jobs overseas.
Breaking unions
Cuts to social security and Medicare and other social programs.
Buying from China
Typical of you rustic to not give substance and just spew your partisan bs