Don't be fooled by the wealthy's economic research deception

With respect to the current state of economic inequality in the USA, if you can relate to any of these synonyms for the word OUTRAGE , either as a noun or as a verb, then you are in the correct forum:

Indignation, Fury, Anger, Rage, Disapproval, Wrath, Resentment, Scandal, Offense, Insult, Injustice, Disgrace, Atrocity, Crime, Wrong, Barbarism, Enrage, Infuriate, Incense, Anger, Scandalize, Offend, Affront, Shock, Horrify, Disgust, Appall, Evil, Violation, and the list goes on...

Before you begin, CLICK HERE to learn about the Counter-Intuitive Impact Of Economic Inequality upon the problems of health and society. This speaks to the very core of the matter; Economic Inequality Is Harmful.

Posted on: » Wed May 08, 2019 11:01 am #11

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Re: Don't be fooled by the wealthy's economic research deception

Post by Sterling Volunteer » Wed May 08, 2019 11:01 am

Reducing poverty is not the same as reducing economic inequality and a hand full of billionaires in the USA who decry economic inequality will not reverse the trend of ever growing inequality.

Any billionaire who is against economic inequality has my praise and cherished admiration but we need to put this into perspective.

Yahoo Finance
All the billionaires who are sounding off on income inequality
Sibile Marcellus, May 6, 2019
https://finance.yahoo.com/news/all-the- ... 07906.html
Income inequality has been a central issue in the past few election cycles as the economy has failed to boost incomes for middle-class families.

But some of the loudest voices decrying income inequality might surprise you: America's billionaires.

Ray Dalio, Warren Buffett, Jamie Dimon, Steve Schwarzman, Howard Shultz and Bill Gates have been sounding the alarm about the importance of addressing the wealth gap and the dangers it presents to the U.S.
Dalio, Buffett, Dimon, Gates, Schwarzman, and Schultz see income inequality as a fundamental problem and they want the U.S. government to step up and help fix it.
All six of these men should be lionized for the good work they are doing and I hold them in the highest esteem for their fight against inequality. But an article like this still needs to have some perspective. In truth, these six men are only part of the 585 total number of billionaires in the USA in 2018. Although Warren Buffett and Bill Gates are some of the wealthiest billionaires, it is a minuscule showing at best.

From: People also ask
How many billionaires are there in the US in 2018?
585 billionaires
Notably, the Forbes 400 Richest Americans list is published annually since 1982. The combined net worth of the 2017 class of the 400 richest Americans was $2.7 trillion, up from $2.4 trillion in the previous year. As of March 2018, the U.S. had 585 billionaires.
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Posted on: » Fri Jul 12, 2019 6:07 pm #12

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REFERENCING: Jessica, Post #1, Posted Aug 9, 2017
MarketWatch needs to be watched closely.

From:MarketWatch
Most of what you think about inequality is wrong
Published: Aug 8, 2017
By Steve Goldstein D.C. bureau chief

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none

Re: Don't be fooled by the wealthy's economic research deception

Post by Admin » Fri Jul 12, 2019 6:07 pm

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