The rise and fall of US middle-class wealth
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A universal dividend is the expression of economic democracy and a 50% discount/rebate policy implemented at the point of sale throughout the entire economic/productive process including retail sale which is the terminal expression point for any and all forms of inflatio and so linearizes painless and beneficial price deflation. The rebate makes everyone whole on their overheads and profit margins and doubles everyone’s potential purchasing power. You want the return of a healthy middle class….consider it.
Just sayin’….
The working class was erased by Clinton decades ago. He redesigned the concept as “working people”. This has served as a large category to encase anyone who is poor enough to be grateful for survival. A healthy middle class needs basic health and safety measures in place to start with! Given the degree of man-made disasters, deceases, floods and fires that we face, ideas of stagflation, hyperinflation, economic management of money, markets, and even the almighty money markets have become redundant. A UNIVERSAL understanding of the key issues at stake for the whole of humanity is the first step to take, as is a new school of theory and practice as suggested a few seconds ago.
Considering what we know about the effects of the national and state-level policies put in place over the period of the graphs, it is difficult not to conclude that the policies intended the effects seen the graphs. Few of the changes in wealth or wealth distribution in the graph were accidental. These policies are zero-sum. Some are made rich as others are made poor. This is more than just an unequal wealth strategy. It is also an effective and brutal way to control most of the population of the nation. It’s difficult to be politically active or oppose one’s enslavement when on a day-to-day basis it’s difficult or impossible to obtain the basics needed for subsistence.