RE: The wealth inequality in the US has never been as high since the 1930s as it is today

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The wealth inequality in the US has never been as high since the 1930s as it is today

in money •  7 years ago 

wealth is created by advancing technology for the most part.
at the present time technology is advancing faster than it EVER has before.
wealth is being created faster also.

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Of course, that increases the overall wealth, and we can see this with the huge DECREASE in poverty the last few decades, this is the real problem, poverty.

it certainly is.
one interesting thing.
the word poverty has been hijacked.
poverty in the US today would be luxury unimagined
in victorian england..

Exactly! Today even by having simple jobs people can enjoy a life much better than kings from centuries ago. Thanks, as you said, to technology innovations.

I will follow you because we think pretty much alike.

thanx