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In reply to the discussion: Wealth inequality has widened along racial, ethnic lines since end of Great Recession [View all]WhaTHellsgoingonhere
(5,252 posts)31. That's because our Presidents, all of them...
are proponents of Trickle Down economics. Obama had trillions of $ to throw around in his first months in office and gave it all to the white, male douchebags who blew up the world.
And now jobs are trickling down and all the idiots rejoice because they forgot Obama proved he's a trickle down believer in his first few months.
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Wealth inequality has widened along racial, ethnic lines since end of Great Recession [View all]
Agschmid
Jun 2015
OP
Yes, home ownership is seen by many economists as a surefire way for many to rise from poverty
Number23
Jun 2015
#19
And it certainly doesnt help when some people stonewall new low income housing because of
cstanleytech
Jun 2015
#44
Exactly. And gentrification in formerly low income neighborhoods has been a huge issue for decades
Number23
Jun 2015
#49
In some markets, however, bad loans were a way to further screw that very same demographic.
NYC_SKP
Jun 2015
#13
You are absolutely right, African Americans were hit harder by this than others and ended up worse..
NYC_SKP
Jun 2015
#26
Putting families first, she has said this from day one of her announcemet (speaking of middle class)
William769
Jun 2015
#12
Historically in the US and in progressive countries now, better income/wealth equality was achieved
pampango
Jun 2015
#68
Economics is not an upper class, white hobby but real and life and death for the disadvantaged.
TheKentuckian
Jun 2015
#71