Wednesday, October 27, 2021

Pay no attention to the man behind the curtain

Lotsa folks are rather quite upset these days, primarily because they are not doing so well financially. It's easy to buy into blaming foreigners and whoever, but the reality is that stratification of wealth has accelerated, and real wages have been flat for years, not even approaching the buying power increased productivity regular folks work generates. And then there's the tyranny of massive interest rates for consumers and taxes so most folks are angry and broke. But the thing is, Facebook knows that false hateful blaming messages create 18 times the page views of regular boring reality news and the rich have snowed 98% of the people into misdirecting their attention to what's really up. According to a 2019 Gallup poll, less than 2% of Americans think that wealth distribution inequality is a major issue.
https://www.nytimes.com/interactive/2017/08/07/opinion/leonhardt-income-inequality.html

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