It's always sickening to hear the Ayn Rand, libertarian types dismiss the poverty as being borne of laziness.

I don't know why a film documentary hasn't been made a about America's tent cities. Where's Micheal Moore? Where's Noam Chomsky?

If it is not corrected we will have more families needing public assistance, social unrest and political extremes like Trumpty Dumpty and his crooked self-dealingAdministration.

I still blame the ease of credit for the erosion of our income.

You don't need a raise but here's a credit card to get what you want.
You don't need Healthcare insurance but if you don't pay your bill we will report it to the credit bureau and then you can't get the credit card you need.
You can't afford a house down payment , just rent, we like when you do that.

This was coming since the early 80s. It does not come to surprise. I don't know why people still want to come to America. It is a land of the rich for the rich. Anyone else is not included. It is sort of a Gilded Age like a comment I just read but this is for only a very few and selected group. The rest of us can go and "eat cake". We do not need a degree in economics ro see what is going on. One thing is for sure, America is waist deep into its decline as an economic empire and people are starting to feel it. It will be felt greatly next year when Trump's new tax laws come into effect. People should start voting their wallets. Electing the same corrupt people over and over is not working and never will. Why vote against your best interests? The rich know who to vote for.

Hey, don't wake me up, I'm sleeping so I can try to live the American dream.

....... and yet many people is trying to come over to the US. How many trying to go to Russia?

A while back someone wrote a book about income inequality. The premise of the book was that looking at the past history of nations of the world, when the inequality between rich and poor reaches a certain tipping point there is always a revolution. The poor strike back at the rich. Sorry I don't remember the title or the author.

I've been trying to explain to people for the past 20 years we were headed here. I have no economic degree, no college at all for that matter but I've always understood how the 1929 crash happened and the many factors both social and economic that led to that crash.

We are there now.

This really has little to no reflection on people who have things to do, to be honest.

For some reason, people are chalking this up to taxation. I find that to be a spurious claim, because there are a lot of variables between taxation, and the financial performance of people. Just think about the scope that is being talked about. We are talking about all fifty states in the article, here.

This article is nonsense.

Now, as far as the taxation policy goes, the people who are going to be affected the most are people who are living beyond their means, in which case they are, therefore, the creators of their own problem, and as long as they keep a small realm of possibilities for themselves, they will remain in that way, and one cannot pretend to know their particular situation from his ivory tower.

Not so surprising for those who follow economic news.