Bad News with a silver lining

[Thumpalumpacus]

If you took the income of all the wealthy people and divided it up amoung everyone else, you would see no change in the peoples standard of living. To increase standard of living you have to produce more stuff.

Wrong. You have to increase their purchasing power.

Real things, cars, houses, food, clean water, etc are what go into making a decent standard of living....not income.

And those things don't rain from the skies; they're the products of an industrial economy. When the corporate owners move production jobs overseas in order to contain costs, they are in essence refusing to invest in America. Yet we cannot get any legislation through Congress to reward companies which keep production here ... because corporations and rich folks have more money to donate to politicians than do poor folk.

Even people with little or no income have seen gains in their standard of living. I'd rather be homeless today than homeless in the 1930s

Of course, no one is arguing that their standard of living is not rising. This is a straw man on your part.