There is poverty because wealthy people make laws to keep everyone else working themselves to death. Minimum wage and average worker wages have not kept up with inflation and certainly not with CEO or athlete pay.
Specifically you can thank Ronald Reagan and republicans for reducing the top tax bracket, which led to the modern era of wealth inequality and greed in Washington, Hollywood and in sports. Trickle-down economics work great for the people on top, that’s for sure.
denvercasey t1_j2b956t wrote
Reply to There is poverty because a lot of money goes to those who can kick the ball instead of the needy by DepartureAcademic807
There is poverty because wealthy people make laws to keep everyone else working themselves to death. Minimum wage and average worker wages have not kept up with inflation and certainly not with CEO or athlete pay.
Specifically you can thank Ronald Reagan and republicans for reducing the top tax bracket, which led to the modern era of wealth inequality and greed in Washington, Hollywood and in sports. Trickle-down economics work great for the people on top, that’s for sure.