Until the political system is changed
I would like to add the following points for consideration Maintenance and growth of our middle class is essential to preserving the stability of our democracy the civility of society and our consumer based economy. We have an economy where job opportunities increasingly require a good education even of many skill trades to make a middle class living.
Latinos and African Americans among which the attainment of a good education falls well behind the levels of our Asian and Caucasian population will soon represent half or more of the total population. If this continues their inability to qualify for good paying jobs will further reduce median and average income numbers and make the wealth disparity even Chinese Overseas America Number Data larger. Incomes in the billions by hedge fund managers and in the multi millions by corporate executives as well as sports and entertainment celebrities may be repulsive but a income tax for these people will not provide the government funds needed to support the growing share of our population that will need some form of welfare and social services. see above . to prevent the existence of career politicians in congress so they will do what is best for the country and not what is best for their next election it is not likely that we will get the government strategies and programs needed to address the pending crisis implied by extrapolation of the above factors.
GOVIND FREELANCER Affordable Food Education Housing Transportation should provide equal opportunities to each irrespective of family income. This may be solution. STEVE HICKMAN Wealth concentration is at least partially caused by the scalability of modern enterprise. Consider Whatsapp purchased for B including B cash with less than employees. While allowing too big to fail enterprises to continue to exist is one of many ways to enable wealth concentration the reality is that automation makes it possible for very few people to service a large customer base. |