US poor suffer. Rich get richer. - Page 2 - World Affairs - Chinadaily Forum
Author: robert237

US poor suffer. Rich get richer. [Copy link] 中文

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seneca Post time: 2018-2-13 03:13
In the U.S.A. many a statistically "poor" person owns a house or a caravan.

Not that many. And the few that do can only continue to do so as long as they can continue to
pay the yearly property tax on that shack.
As for a caravan.. is that with the camels or without?
If capitalism promotes innovation and creativity then why aren't scientists and artists the richest people in a capitalist nation?

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robert237 Post time: 2018-2-13 12:21
Not that many. And the few that do can only continue to do so as long as they can continue to
pay  ...

No that is a Shopping cart with wheels
Round Up is good for developing the mind

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Motika Post time: 2018-2-13 04:08
No that is a Shopping cart with wheels

Thanks for the clarification.
I don't think the Trump administration is taxing shopping carts yet. We'll see.
If capitalism promotes innovation and creativity then why aren't scientists and artists the richest people in a capitalist nation?

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Post time 2018-2-20 01:22:23 |Display all floors
I agree with Robert's criticism of the gross inequities of our current capitalist system. Unlike Robert, though, I advocate more socialist reforms to reduce the inequities and to maintain the highly-effective market mechanisms of allocating resources and money. In fact, I own a lot of shares in capitalist corporations. The solution is to increase taxes on people like me and use the proceeds to make the lower 20% more wealthy (and to educate their children so they will be more productive and rich).
My problem is simple: I just know better than everyone-else!

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