too rich?

[DeistPaladin]

Ahh...just another leftwinger b*tching about rich people again...not me though, I love rich people! I wanna be rich too! First thing I'd buy would be a brand new Mustang Shelby Cobra GT 500! It's better to have too much money than to have too little money.

Disclaimer that I haven't yet read the whole thread so sorry if I repeat anyone's points.

What is most alarming about the increasing wealth gap is not the lifestyles of the rich and famous but the destruction of the overall economic health of America and other developed capitalist economies.

What distinguishes a developed economy vs. a 3rd world economy is not the existence of a wealthy class of "haves". Those obviously exist everywhere. It's the existence of a strong middle class between the haves and have-nots. 3rd world economies feature a mass of poor living in squalor with a small number of wealthy living in gated communities. If America isn't careful, we may one day... oh, wait, we're already there. Our economic distribution already rivals 3rd world economies.

We've busted up our unions and shipped our manufacturing jobs overseas. We were told not to worry, that we'd have a strong service economy but we shipped all those jobs overseas too.

What's left? We have corporate raiders who invade long standing American businesses like Brachs or Hostess, chop them up, embezzle their employee pensions and run the company out of business. How's that good for the American economy again?

I'm glad you're going to be rich one day but what is America's future wealth going to be based on? If you destroy the middle class, you take out the backbone of our economy.

I'll edit to add information links later. My search engine is running painfully slow this morning.