an Academic insight to the wealth distribution in the United States

[guerilla]

As I tried to explain to Moxie, data without context is pointless.

Here is something almost no one accounts for. The US is massive economically because it is the largest debtor nation in the world, and only became so over 30 years after being the largest creditor nation post-WWII.

A lot of supposed American prosperity is debt.

If you knew someone who charged a large lifestyle to his CC and barely made the minimum monthly payment, would you consider him wealthy?

 

[cassius]

It's not about hard work, it's about education, and leverage.

This might be the stupidest argument in the history of economics. I'm so sick of hearing it employed.

It's such a non Sequitor. How does it have anything to do with the argument?

They could have gone to MIT and acquired that skill. They didn't because they chose not to.

It feels like they are all grinding one POV really hard, and they are able to do it by putting it in a format that makes people feel like they are being informed, rather than propagandized.

Did I just have a stroke or something?

It's non sequitur btw.