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Old 08-21-10, 10:12 PM   #13
gimpy117
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Join Date: Jul 2007
Location: Kalamazoo, MI
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The fact that the Uber rich have such amounts of money that they can donate as the amount that has been pledged is astounding.

The fact of the matter is, If america has a equitable economy, one that ensured fair wages for the poor, there would be no need to pledge so much money to the poor.

Sadly, I feel that america has left its lower and middle class behind due to spiraling greed. heres nice quote from the Wall street journal

..."As a result, wages and salaries now make up the lowest share of the nation’s gross domestic product since the government began recording the data in 1947, while corporate profits have climbed to their highest share since the 1960’s. UBS, the investment bank, recently described the current period as “the golden era of profitability.”

That was posted in 2006...and im supposing it hasn't changed.

oh and here's a nice graph:


So essentially, with wages falling...while productivity still the same and profits rising, The Companies and Uber rich have let wages stagnate or even lowered them, while taking the profits of this and putting it into their bank account.

Its becoming harder to live in this country now, the same place where in the 60's through the 70's a middle class family could have a nice car, a nice house, health care and do it on ONE INCOME. Where is that now? its gone, kaput. Sure, Back then we worked hard, But today, we still work hard...but haven't seen our wages go up at the same rate everything else has.
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Last edited by gimpy117; 08-21-10 at 10:28 PM.
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