Re: anti-capitalism thread
« Reply #1093 on: August 02, 2016, 06:42:28 PM »
"too many of us are counting our blessings and thinking of those in need. This is precisely backwards. There is vastly more income inequality among the top 1% than there is in the bottom 99%. Once all the facts are known, even the most crocodilian among us will be forced to shed a tear for those more fortunate."
Why worry about homelessness, child malnourishment, millions of people without healthcare coverage when there are 1%ers who " Post-tax and retirement savings. . ." have only "about $220,000 a year while they are working."
" When these worker bees hit retirement, their high-earning lifestyles will propel them off a cliff. Post-tax, but including Social Security, they are looking at an $80,000 spend annually — perhaps one-third of what they were accustomed to during prime time. They earn so much money that they can’t afford to retire. Meanwhile, the privileged 99% dwelling in the lower tiers of the social beehive won’t face the same gut-wrenching drop in lifestyle after they punch out, because Social Security comprises a much larger share of their retirement income, while their taxes will be lower."