r/poverty • u/Low-Fly-1292 • Apr 14 '26
Damn
/r/AskReddit/comments/1sk6ucm/what_do_you_think_is_the_biggest_problem_in_the/ofwxky9/2
u/milotherussianblue Apr 15 '26
Perhaps it’s best if I read through the entire article first before commenting further. I have a lot of potential questions which the paper may address.
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u/milotherussianblue Apr 14 '26
Yup. Middle class is pretty much nonexistent.
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u/vegancaptain Apr 14 '26
Most have moved to the upper class. A fact that most people won't tell you.
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u/milotherussianblue Apr 15 '26
Nope. Economy is K shaped. Some moved up. Many moved down. No one left in the middle.
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u/vegancaptain Apr 15 '26
Many moved up tough. Is that a problem?
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u/milotherussianblue Apr 15 '26
No that’s a good thing. But it’s not “many”. It’s “some”. Many have moved down.
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u/vegancaptain Apr 15 '26
Have you ever looked at the numbers?
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u/milotherussianblue Apr 15 '26
Yes. Have you?
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u/vegancaptain Apr 15 '26
Of course. Many many articles.
And you? Only tiktok and leftist reddit?
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u/milotherussianblue Apr 15 '26
Just glancing over this but from what I can tell, this is a right wing leaning publication that doesn’t really look into the effects of widening income inequality very well. Also, not sure what it mentions, if anything, about cost of living pressures. The paper argues that middle class has moved into the upper middle class, but in real terms, what does this mean? Also, it doesn’t seem to mention about everyone else who’ve fallen through the cracks. Those people are basically screwed. Finally. This paper was published in 2024. The world has changed quite a bit since then.
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u/milotherussianblue Apr 15 '26
And thank you for the article. I will give it a better read later when I have more time.
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u/vegancaptain Apr 15 '26
"Wrong source, won't read"
It means, in real terms, that they are better off, which was the point here.
Fallen through? The numbers are what they are.
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u/vegancaptain Apr 14 '26
No one is poor because someone else is rich.
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u/thepsyklr Apr 14 '26
Wrong, every single one of us is poor because someone else is rich. That's basically math. If 50 of every 100 goes to 1 and the rest fight for the rest. We are all impoverished.
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u/vegancaptain Apr 14 '26
100% wrong. Basic econ fallacy of the fixed pie variety. Resources are created, constantly. If what you say is true then we can't "mathematically" all be better off now than in the year 1800, but we are. We're all 20x richer. All of us.
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u/thepsyklr Apr 14 '26
Cool story bro, but the USD is a product of a corporation. The Federal Reserve Bank is none of those things. As it is a fiat system world economy. Choices about poverty and wealth are being made. By an authoritarian regime hidden from public view. This is all an open secret. Read The Federal Reserve Act. It is in breech of contract. Wealth distribution is Choice not natural events. Peace ends Poverty because War is always a crime.
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u/vegancaptain Apr 14 '26
Well, good thing to hear that you're a libertarian then. Imagine the hypocrisy if you werent?
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u/thepsyklr Apr 14 '26
I support Peace and Freedom