Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

pat_k

(12,953 posts)
23. Yes, R's have been hellbent on systematically "redistributing wealth" from the hands of the many to the hands of the few
Sun Nov 2, 2025, 08:29 PM
Nov 2025

Last edited Mon Nov 3, 2025, 03:15 PM - Edit history (1)

... for decades. And Democrats have done very very little to counter it. Some small adjustments around the margins, but nothing that would actually address the fundamentally destabilizing force of capital growing at a faster rate than the broader economy, and the resultant ever-increasing concentration of wealth in the hands of the few.

And they have built an incredibly fragile economy in the process. More on that in post #18
https://www.democraticunderground.com/100220768060#post18

Recommendations

5 members have recommended this reply (displayed in chronological order):

Thank you for the data. yellow dahlia Nov 2025 #1
Hiding In Plain Sight Mr.Bee Nov 2025 #2
My MAGA relatives would say, Diamond_Dog Nov 2025 #3
I would tell them Mr.Bee Nov 2025 #6
Well, you can imagine how they feel about FDR. Diamond_Dog Nov 2025 #11
Did any of them ever stop to think Diamond_Dog Nov 2025 #22
I certainly heard that line many times over the years in markodochartaigh Nov 2025 #17
EVER SINCE REAGAN, (actually HWBush's CABAL) popsdenver Nov 2025 #49
++++1000 Diamond_Dog Nov 2025 #50
If the Republicans continue popsdenver Nov 2025 #51
Median wage has been stagnant relative to productivity for 45 years. pat_k Nov 2025 #4
Please supply reference links. Not disputing your excerpts, but backup documentation is needed. erronis Nov 2025 #7
Oh! I beg pardon- Mr.Bee Nov 2025 #9
World Economic Forum, Capital in the 21st Century, pat_k Nov 2025 #10
Thank you! erronis Nov 2025 #15
They've been stealing from us for decades Mr.Bee Nov 2025 #12
FWIW pat_k Nov 2025 #14
Regarding weakening of unions and tax law that facilitated concentration of wealth: pat_k Nov 2025 #13
Republicans always talk about "redistribution of wealth". markodochartaigh Nov 2025 #19
Yes, R's have been hellbent on systematically "redistributing wealth" from the hands of the many to the hands of the few pat_k Nov 2025 #23
Why don't the labor unions understand these charts and data? FakeNoose Nov 2025 #40
Sadly, a great deal of damage had been done by '60. pat_k Nov 2025 #41
That also means that the current business model Javaman Nov 2025 #5
FDR's concept of the minimum wage: Mr.Bee Nov 2025 #8
And, policies that concentrate wealth in the hands of the few at the expense of the many make for a very fragile economy pat_k Nov 2025 #18
I very much concur Metaphorical Nov 2025 #34
And who was in charge then? Oh yeah Ronald Reagan. Initech Nov 2025 #16
Yes he certainly did. Diamond_Dog Nov 2025 #20
Ronald Reagan was elected president in 1980 KS Toronado Nov 2025 #21
Must do more than raise the minimum wage. Inheritance tax, wealth tax, capital gains taxed higher than labor and... pat_k Nov 2025 #24
Oh there's a ton of stuff we need to get done and quickly. KS Toronado Nov 2025 #32
My big worry is that too few of our electeds are out there advocating for the big stuff. pat_k Nov 2025 #33
A tax on spending rather than income Metaphorical Nov 2025 #35
Should be at least $30 per hour MichMan Nov 2025 #31
Seattle's minimum wage is 20.76 and will increase to 21.30 1/1/26 pat_k Nov 2025 #42
The minimum wage as established in 1938 was 25 cents per hour MichMan Nov 2025 #25
But did it have the same purchasing power? leftstreet Nov 2025 #27
In 1957, J. Paul Getty was worth $2-4 billion dpibel Nov 2025 #30
Raygun made munimum wage political southmost Nov 2025 #26
K&R Bayard Nov 2025 #28
Big corps worked to keep prices down and wages low. Klarkashton Nov 2025 #29
That goes back HarryM Nov 2025 #36
So glad you pointed this out. cer7711 Nov 2025 #37
Minimum wage should have been indexed to inflation like Social Security. n/t Buttoneer Nov 2025 #38
From the comercial. "I was drowning in debt." Hotler Nov 2025 #39
TOP TEN COUNTRIES of Minimum wage chouchou Nov 2025 #43
K&R BlueWavePsych Nov 2025 #44
"republicans"... Godot51 Nov 2025 #45
When You Say 'Republicans' Mr.Bee Nov 2025 #46
"... until 1980, when it was frozen for nine years." Grins Nov 2025 #47
The last Increase Before Reagan Mr.Bee Nov 2025 #48
In 2025 Mr.Bee Nov 2025 #52
Latest Discussions»General Discussion»Of Course Americans are B...»Reply #23