Source: Twitter X

I answered this elsewhere in this (long) thread.
You’re wrong of course. Its precisely the concentration of capital into Pareto Optimums (people most able to make use of it) that creates the possibility for those less able to make disproportionate american incomes. That wealth isn’t ‘spendable’ it’s at work in investments. Even then, there is a vast difference between investments statedin market value vs liquidation value.

There is a reason that the soviets called the american left ‘useful idiots’. Because y’all believe such nonsense instead of thinking it through.

Wealth does not equal consumption.
almost all of that wealth is invested in productivity making possible the incomes. Pull it from investments it stops working and things get worse. The more important question is why aren’t people saving? Because they’re living beyond their means.
As I’ve said elsewhere, the standing issues are
(a) housing (most important, current president is trying.)
(b) immigration (pressure on wages plus pressure on housing, plus pressure on culture and institutions) (current president is dedicated to this)
(c) deindustrialization (current re-indudstrialization under current president is helping)
(d) the dismantlement of the family unit (by women)
(e) certain financial sector games and lack of consumer protections.
(f) unnecessary taxation of more than half (the bottom half) of citizens, who constitute only 3% of federal income.
(g) debt due to insufficient reproduction to pay for future benefits.