Wednesday, February 8, 2012

Sustainable Q&A: Is is sustainable to continue to promote a system that makes the rich even richer?

Question by Les S: Is is sustainable to continue to promote a system that makes the rich even richer?
Is it sustainable to support a system when the rich continue to gain wealth at over 10% per year, accounting for inflation, and the average worker sees his wealth decrease at around 1% per year accounting for inflation.

Can we sustain a system where only the rich prosper?

Best answer:

Answer by The Doc
No, of course not.
The years when the USA prospered most were the years when the rich had the smallest part of the total gains. We are now back to the levels of 1929, and things are ugly.
And the ridiculous thing is that the rich cannot maintain their profits if the middle class is pinched so hard, because they lack the purchase power to sustain the economy.

What do you think? Answer below!



Tags:continue, even, makes, promote, rich, richer, Sustainable, system

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