I’m a house cleaner and rich people are the worst to clean for. Their houses have elaborate bathrooms, hard flooring and expensive rugs with fringe, detailed wood work on the walls, etc, which make it longer to clean. Yet they are the only ones who balk at my prices. They act as if they’re entitled to a lower hourly rate, for reasons? Because they’re rich? And they’re the pickiest and act as if they’re better than me.
@@AegixDrakan I used to work for someone (millinaire) who would count every nickel and dime for his groceries, expenses, etc... but then give like $60,000 to some charity so his taxes would be lower
When they die I don't see a long line of armored cars with there money going with them. And all the fine living ends up in a coffin or ashes in a jar. Another words we end up the same. 😮
I grew up in the 50's and 60's. We had a thriving and healthy middle class because the top tax rate on income made over 3 million was taxed at 91%. You could still be rich, you just couldn't buy politicians or countries
That's the dumbest thing I've ever heard. I don't work to give 91% of my earnings for my hard work to the government. Work more, get more. What's the point of working to earn money if you are going to be forced to give it away. I think everyone should have a flat income tax of 20% and no sales tax. Problem solved, keep it simple. IRS will be simplified to record keeping. I do agree that money distribution is totally screwed. It's set up to make the rich, richer and the poor, poorer. I don't know what the solution to that is.
You may not agree with what the commenter is saying, but the fact of the matter is whatever they're saying, did work in the past and worked so spectacularly that one single person working forty hours a week could afford to to have a wife and four kids on on a single person's income while having a new house and two kids all within the span of five years on cash nonetheless.
I was just told today that all I have to do is work harder to make things better. I told them I graduated high school in 2009 and then asked what happened in 2008. Conversation ended.
@@Ninja_McMuffin yep, graduated college in 2008, spent most of the next 5 years unemployed. Every time I get a leg up, life kicks my teeth in. But I have friends doing worse. sigh.
This is the result of Reaganomics. Cutting taxes for the rich and regulations has led to unbridled capitalism. Small government leads directly to a growth in inequality and wealth disparity.
It goes back further than that. As mentioned in the video, at least the 70s. That was right about the time the people from the first Gilded Age started dying off. Knowledge has been lost, lessons have been forgotten (that in fact was the plan).
No, central banking leads to income inequality. The rich do pay enough taxes currently to run the government the size it should be. And there shouldn't be income tax on normal working people. And there should be giant sales tax on luxury goods and giant tax on multiple homes
How can you tear it down when it’s bought and paid for and is the ultimate result of unfettered capitalism. The ‘bread and circuses’ is now getting stingier.
Steinbeck : Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires."
Facts! This is the only thing that explains why most Americans just voted for a billionaire (Trump) backed by a billionaire (Musk) over a politician, closer to their own economic circumstances, who expends his political capital for the betterment of people (Tim Walz).
Which is odd because most people aren't making moves at all. They just go to work, come home, watch crime dramas and surf the Internet on more or less what is a Facebook-surfing machine to them.
America wants some socialist policies. That's true. Just like everyone would vote to give the have not a free TV set, a car , health care, or an Iphone. However, they would not do so if every person was forced to work 1 hour more per day to pay for it. It's always easier to be generous with other people's money. Americans are generous. Don't get me wrong. However, we are also independent and self-sufficient. Besides, we have too many guns to be communists.
I don't know if she's worth as much as others say - she, apparently, was brought up quite comfortable. That's not her fault. But, she did end up wealthy. . That said, if some of the people who ARE quite rich, advocate for those less fortunate, is that a good thing, right? If they don't skip out of paying their fair share in taxes, and give to charities, and/ or volunteer, I hope that makes them authentic...
Disability $13,442. Period year. They want "despair death's." How on earth is this possible? Seriously, it takes Years for the government to deem one disabled. You tell me how my paraplegic friend is supposed to have any quality of life? This world makes me so depressed I can barely breathe.
This is them trying to recapture the middle class: by convincing small businesses and self employed/ sole traders that they can make a living if only they can pay lower wages
In my state of Missouri has just passed a $15 minimum wage and 7 days of paid sick leave for all! The powerful chamber of commerce for commerce and industry is suing the State for allowing a vote and claims it's unconstitutional and will fight to kill the will of the people....
And yet they only pay single digit percentages of their earnings, while disproportionately benefiting from government infrastructure. If them paying like 5-10% tax is 60% of our taxes, let that be a message for how destructive and excessive their wealth is@@bobfrick8250
Capitalism needs guardrails (ENFORCED laws & regulations). Capitalism without laws & regulations is called an oligarchy - where the poor people die first, then the rich will follow because they don't know how to take care of themselves. OR... We could have our own French Revolution, turn the 1% into Marie Antoinette & save millions & millions of poors & middle income people.
@@bobfrick8250Thanks for pointing this out! It makes a lot of sense actually because they make most of the money and have most of the wealth. Brilliant!
This is what a game of Monopoly was like as a kid. One person would eventually own everything while the rest would simply give up because there wasn't a chance of ever winning
"If you can convince the lowest white man hes better than the best colored man, he wont notice you're picking his pocket. Hell, give him someone to look down on and he'll empty his pocket for you." -Lyndon B. Johnson.
Kyle just doesn’t get it and is woefully out of touch. We have to do the proper self reflection and understand WHY we lost. We have to support wealth inequality and be on the side of billionaires and trillionaires just like Trump supporters. That’s the only way we can win elections again.
This is going to end with one guy owning a nation state. It's crazy. The science fiction that I've read as a child is like becoming a reality. It is really upsetting
Stupid diluted people that think helping what they daydream being one day that will make them keep this imaginary wealth they are going to get lmao they are dumb 😂😂😂
The Hillary Haters and Bernie Bros never Really cared about overturning citizens united . I believe they just Liked to sound Politically aware by opposing Something they never Intended to change . Total Fakeness
US union membership 10%. Europe union membership 23%. Canada union member 30%. Nordic countries 70%. Happiest people in the world are in Nordic countries...connection 🤔.
That's what sucks to because when I was growing up, working hard to be successful was what was instilled in me and so when I work hard and go the extra mile for a company I expect to get rewarded for it. It's how my parents went from crappy apartments and trailers and to a basic house but today it can't afford a house. My views have pretty much changed so now when a company tells me to put in extra or work harder or whatever I expect exploitation and silent humiliation rather than reward
@@ZER0--it is by design. The owners propaganda system has been yelling about the government all our lives. the government is the only defense we have against the billionaires
Within the last year, I have become more interested and invested in history and politics. This channel has been highly informative and I’m grateful for that!
This should have been the messaging LONG ago. Immigrants and Trans Americans aren't the "problem." It's the CORPORATE GREED AND BILLIONAIRE OLIGARCHS! But you'll NEVER hear this message on legacy media. Thank you, Kyle! Keep poundung THAT drum!
Exactly, the whole trans hate trend is just manufactured rage by the powerful to give the uninformed and fearful an easy target to punch down at and distract them from the fact the rich and powerful are taking everything from us. I have only known one trans person in my life (lovely person), it’s not even all that common yet I hear anti-trans BS on the daily. Like give it a rest and focus on the real issues that actually affect your lives!
Immigrants can be distorted as the problem, what with the whole "they're taking our jobs" rhetoric. Not sure how trans people are causing this level of financial instability.
@ they are worried that their children will want to be trans if they are even just aware they exist. Must be pretty amazing life if people are scrambling to become trans that badly, right? …… there’s not a lot going on upstairs with these people.
He kept his principles and its paid off. Back when Kyle was struggling post-2020 election with views he couldve pulled a dave rubin and easily gotten views off that but he's staying the course which I massively respect
You are misled from his goofy socialist views. Wealth is not a zero sum game. Those mean evil billionares didn't take that from anyone. They create that wealth. You just want a share of their pie because you're envious of such wealth.
Well, how is change made? That’s what is needed, there needs to be an outline of what to do. What things do we need to get rid of? What needs to be added? Like, how would one go abt repealing citizens united? What other things need to go? Big biz would fight this with all their trillions.
Because they will never peacefully step aside and yield their power or money. It will have to be forced on them. Most of them have their own private military contractors, so this will likely require an all-out war to achieve. The rich learned from what happened after the guided age. Until the average person can stomach this reality, we will continue to be oppressed.
Yes , Robert Reich has been around for a very long time . He was one of Bill Clintons cabinet members . He was and Still is so knowledgeable . A great teacher as well . If greedy republicans would even try to listen , they might realize , if everyone had money to spend , they would spend it . And rich people would still be giving rich people, lots of money .
This is why they want to dismantle education - if you’ve never heard of the gilded age how will you learn the lessons. Along with critical thinking skills
Lots of factors to, this is a major consumer country people buy buy buy. Which will never stop lol but close some tax loop holes and that wealth gap might close
Conservatives be like: personal freedom bro, we cant punish success And then not admit that the reason they are so rich is because of taxes cuts, tax credits and other incentives
I'm center left and I be like: I agree with them. Tax cuts are incentive to produce more. Why would I scale up to be disproportionately taxed? You get incentives because the govt wants more businesses.
@@javascriptkiddie2718US was at its peak when top tax rates were 90%. A worker could buy a house, run a car and even have a vacation with the wife and kids.
@@javascriptkiddie2718 It’s not free loading as we 99% in US pay more in taxes/premiums than all these countries like Norway but the tax money goes to the subsidies and contracts for the 1% rich corporations not the major taxpayers i.e. 99%.
@@javascriptkiddie2718 In a court verdict, corporate funding to the political parties is equalized to free speech. This means they legalized bribery. Unless that’s changed, there is no incentive to the politicians to work for the common people. Our taxes subsidize the rich i.e. Socialism for the rich using the taxpayer money. The rich don’t pay more taxes compared to the poor and the middle classes. Our wages are taxed more compared to the wages of the rich.
@@anthonytwohill9726it can happen. Connect people across political parties and ban people together for the common suffering. It takes a lot of work. Yes. But it isn't impossible
If you say you want to tax the rich 1% more, even if it is the only 1% they pay in taxes, they will cry and whine. Raise prices on food, on rent, on everything you need to live, and the poor will do what they have always done, silently do their best to survive without crying and whining.
Yup, and they are willing to sacrifice our entire species, and every other life form on our planet, if it means not seeing some imaginary numbers go down at the end of their fiscal year!
The poor will whine and cry alright, but on all the wrong things, sadly. The rich tell them the reasons you are poor are that the immigrants take your jobs, and the left makes you pay too much in taxes to pay for all the lazy serfs unemployment benefits.
Kyle - once again you have nailed it. This video (along with Robert Reich's) should be required viewing for every person in our country. Republicans - are you lustening? The government is not the source of all your problems. Black people, gay people, trans people etc., are not the cause of all your problems. IT'S THE RICH AND GREEDY. Pure and simple. Thank you Ronald Reagan - you started this unending downward spiral.
@@lucianomezzetta4332 But from FDR to Carter, we were winning. The middle class thrived; unions thrived. People lived decent lives on one income. Reagan destroyed the whole thing with his idiotic "trickle down theory," his tax cuts, and his union busting. It's never been the same since.
Sure, and democrats say that nazi cultists and Christians are the source of all their problems. don't think democrat voters haven't been bamboozled by this as well.
This is what I have been screaming. I wish there were more educated Americans. Many, born and educated in America, can barely speak or write standard English. Seriously!
I think he is trying to make up for his past sin. NAFTA was passed with him in charge under Clinton.ent That's when a lot of jobs went south of the border. 😮
@@bobfrick8250why point out weak points in champions when there are hundreds of outright villains that are allowed to believe they have a right to power? Why are the shameless bulletproof? Because good men spare them for scrutiny
It's so depressing. Us poors have no chance. And yet so many of us defend billionaires and don't want them taxed fairly...it's literally insane. The greed of billionaires is something else. They are already that rich and STILL want tax breaks and for us poors to bear most of the tax burden. Sickening.
We have millions. They have a few thousand. We always have the power. We just give it up because a ton of us are morons who value "civility" and "comfort" paramount.
I live in Minnesota. We just got free school lunch and breakfast for all kids. Guess who that benefits the most??? THE MIDDLE CLASS. The reason.......poor kids already get free lunch, rich kids order door dash or just have enough expendable income to not care It's the middle class working week to week, getting no government help, yet they must come up with about $8 per day per kid. Some kids just don't get to eat. Shameful
Love you Kyle! ♥️ Thanks for putting words to this insane discrepancy. Through bringing conscious awareness to it we can change it. And so we shall. Because we must. What we have now is NOT sustainable, not even for the super rich.
Just yesterday, I reminded a friend that the robber barons of the Industrial Age were curtailed. Now we need this for the wealth developed in the Information Age. Their hubris exposes the greed.
It is funny that Americans think their post war period is how life was supposed to be. In France, Poland, and Japan people never had nothing and they have increased their quality of life, while the US always looks at the 60s after winning a world war as if it is how life is supposed to be. It is tech that made workers make less money, not the billionaires. And the latest concentration is because of printing money for the pandemic and wards, which created inflation
It was a war on middle class Kyle. They destroyed unions, retirement accounts, pensions, etc. That was what the middle class was built upon. Great video! Cheers 🥂 and eat the rich!
I sort of see it as the ground was systematically removed tinder the lower class which also meant the middle class followed along. But the end effect is the same and it is heartbreaking. I wish you luck over there, America.
There is no middle class. There are two classes. Worker and owner. Bourgeois and proletariat. "Middle class" is a neoliberal lie that led us here. It is a lie that shatters the working class, and makes some of us feel superior to others, and that causes bias, then resentment, then outright hatred. Which is what the owner neoliberals want.
@ Yeah. Ya know the more I think about it the more it feels like apathy. The wealthy and mega-wealthy really only ever cared about themselves and their ability to accumulate more money, resources and political power. At some point they had accumulated so much of all three, there just wasn’t as much money or resources to distribute amongst everyone else and politicians stopped caring about voters in favor of their donors. I don’t know that it is so much a premeditated attack on the 99% as much as a complete focus on the 1%. Regardless, the outcome has been the exact same as if it were premeditated.
The reason some people don't support re-distribution of this level of wealth is because people literally cannot comprehend how much money $100 billion actually is.
Absolutely! It’s unfair that the average American pays nearly 20% while billionaires pay less than 4% (Ref. Propublica). We need to push for change-enough is enough!
I rather wish FDR hadn't said that. It would have been better if we had taken it all when we still had power and momentum. Then, FDR destroyed union efficacy by integrating them into the mechanisms of capitalism as intermediaries. A brilliant legacy of militant labor organizing dashed to pieces by a clever reformist capitalist.
@@jeremyjackson7429 Robot Pinkertons , aqquired by Elon in a buy out of every robotics company. Terminator without the robots going rogue, because AI is a myth.
Warehouse worker here-approaching 60 years old-working 10 hour days-physical labor not a desk job-one car malfunction or vet bill will destroy me-no car no way to get to work-it’s obscene
What is mind blowingly evil is not only could one of them choose to end,say, world hunger, but they won’t even come together to do anything positive for humanity at a discount.
At this point a revolution would be among the best case scenario. This type of income inequality is honestly unsustainable. How long is it going to be before we as a society start to collapse? You can already see the signs you can already see the cracks. Our standard of living is getting much worse and people are having less kids and more and more people are living at home longer. The collapse is honestly already here..
At some point people will get angry as NICK HANAUER explains in "The Pitchforks Are Coming… For Us Plutocrats". He said that it is not a matter of "if" but of "when".
Not one of those people EARNED that money. I work in retail where the money is made by selling things to people. The members of the corporate offices and c-suites did not sell a single item, deliver a single item, stock one shelf or deliver any product from a warehouse to the store, and yet they take the vast, vast majority of that money. Reality is nonsense.
Retail workers are so screwed here. Your crew is stretched thin, the benefits are terrible and noticeably decrease the longer you stay, the breaks are inadequate, the leg pain just gets worse and worse from standing/walking for 8+ hours. And people still believe the lies from the corporate overlords that the profit margins are too low to do any better for their workers. Or even worse, people don't believe that retail/service workers deserve better because they see them as servants/slaves.
Did they at least bear a financial risk, or partake in the logistics/marketing side of things? I don't think corporate-level workers make money to do LITERALLY nothing, but rather that they are vastly overpaid for whatever it is they ARE doing for the companies they work for/own.
The class wars will begin when the poor realise it's not their fault for the situation they're in. It's the greed of the1% that's causing the problems.
I know the son of one of the 1% families. He's batshit insane about money and entitlement like all of the Oligarchs. He thinks the current corrupt system is not enough for the billionaires.
@@marilynnoll541I doubt it’ll get better within our lifetime, especially with the looming threat of global warming that our government is doing nothing to address. The future is bleak at best and nonexistent at “worst”
Yep. The poor r only good for a vote, so convince them the other side is coming for ur…job, guns, happiness, way of life, ur pets, ur town, ur kids. Keep the poor focused on made up issues while you fleece them sideways and then blame the other side for ur problems so they keep in power to further fleece you
and those pay rates are only that "high" because your state mandated a higher minimum wage than the nation did. It's STILL $7.25/hr. That's insane. $20 "might" be a living wage. Maybe more like $30. So basically you need to huddle up with a bunch of people, all working above minimum wage jobs, and live communally these days to even make it. They're PUSHING the poor towards practical communism on the micro scale in order to survive. It won't be a stretch to enforce it as a revolutionary movement.
@SeeJayPlayGames living wage MIT website says my city says a living wage is $26/hour for a single person, so it IS closer to $30. For a single mother it is $61/hour.
Leaving the gold standard in 1971 allowed wages to go down by over 90% if you measure wages by how much gold you can buy per year. $9870/35=282 ounces of gold vs $60,000/2645.90=22.50 ounces of gold. That is why the average billionaire is so much richer today than in the 70’s because they are paying 92% less for labor.
I’ve watched this happening since the late 70s. I was a young teen when Reagan was elected and the whole ‘trickle down’ thing sounded like pure BS to me even then. A mere child knows better. Over the decades I’ve watched things get worse and worse for normal working people. At this point, I’ve lost all hope. 😢
When we entered the work force we were told we were lazy, so they pulled up the ladder and scoffed even as we blew past any metric they set for productivity.
It really does give new meaning to corporate welfare. They say this about poor people being given money. But ignore when corporations and super wealthy are given money. Think about this. This rich person/corporation doesn't have to do anything to make more money. He just waits for a bigger tax cut and he will automatically get paid more. No spending any extra money on R&D, no paying for extra people at work, no spending extra on raises for people. Just sit back, get a bigger tax cut and collect even more money... then spend it on politicians to give you more government contracts... brilliant. They might as well make wood shacks for people to live in.
I was reading about the Gilded Age not too long ago and I thought it sounds like what's happening right now. It's like the old saying, if we don't learn from the mistakes from the past we're doomed to repeat them.
This is the final destination of capitalism, and will continue to repeat as long as capitalism continues. Another Great Depression is imminent. And I have my doubts that another FDR will rise to steer capitalism back to working just "good enough" again.
Best political commentator. One of the only ones who are guinine, consistent and sticks to their morals. I hope more working folks can deradicalise themselves from the right wing insanity and start listening to people like Kyle. And then mobilise.
Because it's not a liberal talking point. Liberals are not progressives. They are actually closer to conservatives, and just don't get rabidly disturbed by LGBTQ+ existence. Instead, like true capitalists, they see everyone as cattle arranged in an unquestionable hierarchy.
"The Federal Reserve System is not Federal; it has no reserves, and is not even a system at all. But rather an international criminal syndicate."- Eustace Mullins. "Give me control of a nation's currency, and I care not who makes its laws."- Mayer Amschel Rothschild.
This is why I keep telling all of us working class people to search RUclips for the old, but still relevant clip of George Carlin rich versus poor. He clearly describes the rich people's plan.
I did the math on Wal-Mart. They made enough money in the last year to give every single one of their worldwide 2.2 million employees a $40,000 bonus and STILL have over $80 BILLION left to spare
I think people have started to realize with the CEO getting whacked. My mom literally said to me today "maybe this will replace school shootings" and she's the family capitalist (owns a small business). Sure would be nice if people channeled their anger towards people who actually matter.
Thanks! Would send lots more but I am on a limited income. You are THE best independent media man out there! Sending good energy for your continuing media growth 💙💙💙
@@Naomi-bw5qsNot if you don’t get decent raises that keep up. Why do we need 2nd jobs? I see houses with 2 or more families working at least 6 jobs to keep up. No insurance or savings. Just paychecks to paychecks.
If you want to see who the real parasites in the system are, here you go. It's not the random homeless guy who's treated like trash and can't afford a meal, it's the people at the top. But I'm sure all the sad little sycophants for these people will continue to ignore it, like usual.
@@Jorora_Dev Thanks! I’m glad to have been awakened to this. I’ll still hold my conservative views on some issues, but this has strangely been a catalyst to pull my eyes wide open on our healthcare! I love that we’re joining forces over this. LFG
I'll never forget the Air-traffic controllers? That was Jaw dropping and we had to hire military to take over, we had some terrific Air Crashes remember! I was working as a flight lineman at that time. 😮
At some point people will get angry as NICK HANAUER explains in "The Pitchforks Are Coming… For Us Plutocrats". He said that it is not a matter of "if" but of "when".
Good thing we voted in a good hearted rich guy to bring in all his good hearted, selfless, rich people to run the government in a way that hurts their interests and helps those that are most in need.
Humming the soundtrack of Les Miserables. It would do us all well to learn about the French Revolution for historical context. Gilded ages and wealth inequality always precede civilization collapse.
This is so true.. and it's amazing how so many Americans cannot see it. How the influence of fame and fortune has made most of them blindly follow and support people who directly causes their decline in wealth and prosperity.
Relative fairness.. For white folks. Gotta remember Reagan benefited from the racist disdain for the civil rights movement to end Jim Crow era segregation, voter suppression and sundown towns. We had a tiny almost decade between Roe V. Wade , post Martin Luther King, post equal credit act that let women have bank accounts and credit cards not partly owned by their father or husbands, and then the late seventies created the religious right working to undue all the progress in a backlash against Black people and free women, reignite patriarchal and racist neocon ideals to protect white Christian male wealth. We were on the road to ratify the ERA, Equal Rights Amendment, and then failed. And we still have not.
I was taught to work hard and things would come my way. 4 shoulder surgeries 1 wrist surgery kidney failure surgery 3 bulging disks psoriatic arthritis and living in a shed, divorced, and no social or veteran benefits. I was injured in 2015, I asked for HELP in 2017.
The only reason we overcame the guilded age was because the great depression wiped out most of their money, and FDR forced through the new deal. We don't have that kind of political will anymore.
@@scifirealism5943We have to reclaim our voices and hold our government accountable. They are here to work for the people. If they are not working on behalf of their constituents... VOTE them out. Period.
Chattel slavery might be outlawed but wage slavery is alive and well
you ever read the 13th amendment? we still aint done with Chattelin my friend
It's not gonna be outlawed for much longer.
@WSWC_ except in cases of punishment for a crime. Yeah that's pretty broad. Debt slavery is alive and well
Jails are slave labor
Most people are unaware that there were 800,000 slaves in 1903 and the law to truly outlaw slavery happened in 1923 in Florida and 1928 in Alabama.
I’m a house cleaner and rich people are the worst to clean for. Their houses have elaborate bathrooms, hard flooring and expensive rugs with fringe, detailed wood work on the walls, etc, which make it longer to clean. Yet they are the only ones who balk at my prices. They act as if they’re entitled to a lower hourly rate, for reasons? Because they’re rich? And they’re the pickiest and act as if they’re better than me.
😡😡😡😡🤬🤬🤬🤬🤬🤬🤬🤬
The people who have the most money tend to be the stingiest jerks, don't they? :(
@@AegixDrakan I used to work for someone (millinaire) who would count every nickel and dime for his groceries, expenses, etc... but then give like $60,000 to some charity so his taxes would be lower
When they die I don't see a long line of armored cars with there money going with them. And all the fine living ends up in a coffin or ashes in a jar. Another words we end up the same. 😮
Tell that to T
I grew up in the 50's and 60's. We had a thriving and healthy middle class because the top tax rate on income made over 3 million was taxed at 91%. You could still be rich, you just couldn't buy politicians or countries
Amazing.
Let's have a thriving working class this time. Let's take care of the least of us instead of drawing the line at 60k a year.
That's the dumbest thing I've ever heard. I don't work to give 91% of my earnings for my hard work to the government. Work more, get more. What's the point of working to earn money if you are going to be forced to give it away. I think everyone should have a flat income tax of 20% and no sales tax. Problem solved, keep it simple. IRS will be simplified to record keeping. I do agree that money distribution is totally screwed. It's set up to make the rich, richer and the poor, poorer. I don't know what the solution to that is.
You may not agree with what the commenter is saying, but the fact of the matter is whatever they're saying, did work in the past and worked so spectacularly that one single person working forty hours a week could afford to to have a wife and four kids on on a single person's income while having a new house and two kids all within the span of five years on cash nonetheless.
@@NadeemAhmed-nv2br I don't think that is the reason that it worked. There's about a thousand other things that are the reasons.
The second Gilded Age started in 1981 when Reagan took office.
I was born in 1986 and the more I learn about history the more I agree. Doomed before I was born to live in this economy.
I was just told today that all I have to do is work harder to make things better. I told them I graduated high school in 2009 and then asked what happened in 2008. Conversation ended.
trickle down meant, trickle way the f up!
Well, the foundation was laid then, BUT it is not until the last decade it has really taken off...
@@Ninja_McMuffin yep, graduated college in 2008, spent most of the next 5 years unemployed. Every time I get a leg up, life kicks my teeth in. But I have friends doing worse. sigh.
This is the result of Reaganomics. Cutting taxes for the rich and regulations has led to unbridled capitalism. Small government leads directly to a growth in inequality and wealth disparity.
When the right says small government what they actually mean is "Government too small to fight corruption."
It goes back further than that. As mentioned in the video, at least the 70s. That was right about the time the people from the first Gilded Age started dying off. Knowledge has been lost, lessons have been forgotten (that in fact was the plan).
Trickle down🤡🥒💦🐜
God damn it, we haven't had complete total capitalism since the gilded age🤦♂️
No, central banking leads to income inequality. The rich do pay enough taxes currently to run the government the size it should be. And there shouldn't be income tax on normal working people. And there should be giant sales tax on luxury goods and giant tax on multiple homes
The system is working exactly as designed and intended. We have to tear it all down.
but but but line go up
Republicans are working on it. Lefties been saying for years change is coming, just wasnt coming from them
💯, love Kyle but he's still a believer in "capitalism with a smile".
How can you tear it down when it’s bought and paid for and is the ultimate result of unfettered capitalism. The ‘bread and circuses’ is now getting stingier.
Steinbeck :
Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires."
Imbceils more like!
Facts! This is the only thing that explains why most Americans just voted for a billionaire (Trump) backed by a billionaire (Musk) over a politician, closer to their own economic circumstances, who expends his political capital for the betterment of people (Tim Walz).
Which is odd because most people aren't making moves at all. They just go to work, come home, watch crime dramas and surf the Internet on more or less what is a Facebook-surfing machine to them.
Their temporary embarrassment is lasting a lifetime
America wants some socialist policies. That's true. Just like everyone would vote to give the have not a free TV set, a car , health care, or an Iphone. However, they would not do so if every person was forced to work 1 hour more per day to pay for it. It's always easier to be generous with other people's money. Americans are generous. Don't get me wrong. However, we are also independent and self-sufficient. Besides, we have too many guns to be communists.
Greed is a disease and it's contagious and often fatal.
Amen to that.
You got that right 👍
And when one chapter of greed ends another begins it's like a rotating door, and may I add it's encouraged in murica.
Unfortunately that greed kills others not the perpetrators
Fatal? With the healthcare and bodyguards they can afford? Lmao good one
Eat the rich is out. Off the rich is in.
yep.
they wanted loose gun laws right 🤷♂
Kyle is rich as hell from marrying Krystal
I don't know if she's worth as much as others say - she, apparently, was brought up quite comfortable. That's not her fault. But, she did end up wealthy. .
That said, if some of the people who ARE quite rich, advocate for those less fortunate, is that a good thing, right?
If they don't skip out of paying their fair share in taxes, and give to charities, and/ or volunteer, I hope that makes them authentic...
Get more use out of eating them.
Meanwhile, minimum wage for America’s workers has not budged.
Yes it has it just hit 16 where I live
Disability $13,442. Period year. They want "despair death's." How on earth is this possible? Seriously, it takes Years for the government to deem one disabled. You tell me how my paraplegic friend is supposed to have any quality of life? This world makes me so depressed I can barely breathe.
This is them trying to recapture the middle class: by convincing small businesses and self employed/ sole traders that they can make a living if only they can pay lower wages
In my state of Missouri has just passed a $15 minimum wage and 7 days of paid sick leave for all! The powerful chamber of commerce for commerce and industry is suing the State for allowing a vote and claims it's unconstitutional and will fight to kill the will of the people....
@@Nick-ih9jwthat's messed up
The problem with corrupt capitalism....is eventually you run out of poor peoples money.
Good thing the top 1% pay 60% of all taxes.
No, corrupt capitalism just makes monopoly money out of thin air then it gives it to the top 1%. 🤠
And yet they only pay single digit percentages of their earnings, while disproportionately benefiting from government infrastructure. If them paying like 5-10% tax is 60% of our taxes, let that be a message for how destructive and excessive their wealth is@@bobfrick8250
Capitalism needs guardrails (ENFORCED laws & regulations).
Capitalism without laws & regulations is called an oligarchy - where the poor people die first, then the rich will follow because they don't know how to take care of themselves.
OR...
We could have our own French Revolution, turn the 1% into Marie Antoinette & save millions & millions of poors & middle income people.
@@bobfrick8250Thanks for pointing this out! It makes a lot of sense actually because they make most of the money and have most of the wealth. Brilliant!
This is what a game of Monopoly was like as a kid. One person would eventually own everything while the rest would simply give up because there wasn't a chance of ever winning
So True!
And they’d gloat at winning 😀 Kinda like the super rich.
But this game deals with human life, we better get serious 😮
This is a game of monopoly if one player in the group starts with 1000 times the money and all the properties on the board
@@jerrylewis9699 It always has been human life and human soul.
"If you can convince the lowest white man hes better than the best colored man, he wont notice you're picking his pocket. Hell, give him someone to look down on and he'll empty his pocket for you." -Lyndon B. Johnson.
So true.
Truer words were never spoken. Sad that not one thing has changed.
I think this became very evident when America chose Obama twice!
Kyle just doesn’t get it and is woefully out of touch. We have to do the proper self reflection and understand WHY we lost. We have to support wealth inequality and be on the side of billionaires and trillionaires just like Trump supporters. That’s the only way we can win elections again.
first line of the republican play book
This is going to end with one guy owning a nation state. It's crazy. The science fiction that I've read as a child is like becoming a reality. It is really upsetting
You have South Korea owned by Samsung. Not a far stretch tbh
The PayPal mafia will control the next trump admin
Brave New World
1984
Cyberpunk 2077.
A large number of us tried like hell during Occupy Wallstreet to course correct without torches and pitchforks.
That was your first mistake.
I've been calling this "The Guilded Age" since Citizens United. I looked around and the country voted in the Oligarchy. wtf is wrong with you?
Stupid diluted people that think helping what they daydream being one day that will make them keep this imaginary wealth they are going to get lmao they are dumb 😂😂😂
The electorate is too stupid to get their heads out of fox news' ass.
Why do people keep citing that so much, we’ve had corruption way before then
They voted for full on Oligarchy vs Oligarchy light. Not much of a choice. We need a real option.
The Hillary Haters and Bernie Bros never Really cared about overturning citizens united .
I believe they just Liked to sound Politically aware by opposing Something they never Intended to change . Total Fakeness
To give you an idea between a millionaire and a trillionaire. A million seconds is about 11 days. A trillion seconds is about 32,000 years.
Thank u for that. Sure helps my perception perspective.
Wow….
😳 WTF!
Thanks for this.
Obscene
US union membership 10%.
Europe union membership 23%.
Canada union member 30%.
Nordic countries 70%.
Happiest people in the world are in Nordic countries...connection 🤔.
The billionaires and their right-wing puppets are working hard to destroy that too. I hope Scandinavian’s are ready.
The harder you work the more you are exploited.
The harder you *have to work
Yes
That's what sucks to because when I was growing up, working hard to be successful was what was instilled in me and so when I work hard and go the extra mile for a company I expect to get rewarded for it. It's how my parents went from crappy apartments and trailers and to a basic house but today it can't afford a house. My views have pretty much changed so now when a company tells me to put in extra or work harder or whatever I expect exploitation and silent humiliation rather than reward
Recent article on my apple news feed; "the office workhorse seldom if ever gets ahead."
And growing up it was like, “The harder you work, the better jobs you’ll get, the more money you’ll get.” Yeah right 😒
NO ONE should have that much money. Money hoarding is a serious illness.
It is quite staggering that people don't realise the dangers of allowing people to amass so much money. People aren't very clever.
Personally, I think it's a disease.
@@ZER0--it is by design. The owners propaganda system has been yelling about the government all our lives. the government is the only defense we have against the billionaires
What gets me is they are grabbing for more like a insane greedy bastard Billionaires. 😮
When poor people hoard it’s a disease. When rich people do it, it’s smart and forward thinking
Within the last year, I have become more interested and invested in history and politics. This channel has been highly informative and I’m grateful for that!
This should have been the messaging LONG ago. Immigrants and Trans Americans aren't the "problem." It's the CORPORATE GREED AND BILLIONAIRE OLIGARCHS! But you'll NEVER hear this message on legacy media. Thank you, Kyle! Keep poundung THAT drum!
Exactly, the whole trans hate trend is just manufactured rage by the powerful to give the uninformed and fearful an easy target to punch down at and distract them from the fact the rich and powerful are taking everything from us. I have only known one trans person in my life (lovely person), it’s not even all that common yet I hear anti-trans BS on the daily. Like give it a rest and focus on the real issues that actually affect your lives!
Immigrants can be distorted as the problem, what with the whole "they're taking our jobs" rhetoric.
Not sure how trans people are causing this level of financial instability.
@ they are worried that their children will want to be trans if they are even just aware they exist. Must be pretty amazing life if people are scrambling to become trans that badly, right? …… there’s not a lot going on upstairs with these people.
@@julesdalli9716they slay so hard that they don’t leave any crumbs for the billionaires 😅?
Well said,what can we the people do?they are buying our lives
Kyle is on fire. Some of the best social and political commentary on RUclips. Certainly the most honest.
Damn straight!
He is the best that's why I watch his podcast every day, right republicans need to watch his podcast if they really wants to know what is going on
He kept his principles and its paid off. Back when Kyle was struggling post-2020 election with views he couldve pulled a dave rubin and easily gotten views off that but he's staying the course which I massively respect
You are misled from his goofy socialist views. Wealth is not a zero sum game. Those mean evil billionares didn't take that from anyone. They create that wealth. You just want a share of their pie because you're envious of such wealth.
Yeah he's on fire of being a complete buffoon, that doesn't know what he's talking about😮💨
We have two choices: lay down and take it, or rise up. Let’s see how much Americans will take.
As Jean-Jacques Rousseau said, 'When the people shall having nothing left to eat, they will eat the rich'.
Yeah, Barbecue ...??
Or .........like what happened in NYC
Can you imagine how vile Trump or Betsy DeVos might taste...
100% 🤠
@@amgguy4319 Beggars can't be choosers.
This is the problem...Robert Reich is my FAVORITE person and has been talking about this for YEARS and nothing happens.
Well, how is change made? That’s what is needed, there needs to be an outline of what to do. What things do we need to get rid of? What needs to be added?
Like, how would one go abt repealing citizens united? What other things need to go? Big biz would fight this with all their trillions.
Nothing will happen until the cost of doing nothing exceeds the cost of doing something. We are well on our way.
Nothing happens because no one went as far as Luigi Mangione did until now.
Because they will never peacefully step aside and yield their power or money. It will have to be forced on them. Most of them have their own private military contractors, so this will likely require an all-out war to achieve. The rich learned from what happened after the guided age. Until the average person can stomach this reality, we will continue to be oppressed.
Yes , Robert Reich has been around for a very long time . He was one of Bill Clintons cabinet members . He was and
Still is so knowledgeable . A great teacher as well . If greedy republicans would even try to listen , they might realize , if everyone had money to spend , they would spend it . And rich people would still be giving rich people, lots of money .
This is why they want to dismantle education - if you’ve never heard of the gilded age how will you learn the lessons. Along with critical thinking skills
💯💯💯👊
We've been living in the second gilded age for years. The real question is how much worse will it get this time around.
A lot worse we are almost a 3rd world country.
Alot!
If the harder you work the further you go, then Janitors, Mechanics, Teachers, Cooks and many others would all be millionaires.
It's a mixture of luck and or smart hard work. Having a hard time doesn't automatically create value for anybody
Yep. The hardest working people on the planet are the poor.
It’s who you know not what you know. Just look at bush he didn’t know anything but he became president because he knew the right people
@@harrydicktom8639 its wealth and influence
Lots of factors to, this is a major consumer country people buy buy buy. Which will never stop lol but close some tax loop holes and that wealth gap might close
Conservatives be like: personal freedom bro, we cant punish success
And then not admit that the reason they are so rich is because of taxes cuts, tax credits and other incentives
I'm center left and I be like: I agree with them.
Tax cuts are incentive to produce more. Why would I scale up to be disproportionately taxed? You get incentives because the govt wants more businesses.
@@javascriptkiddie2718US was at its peak when top tax rates were 90%. A worker could buy a house, run a car and even have a vacation with the wife and kids.
@@javascriptkiddie2718 It’s not free loading as we 99% in US pay more in taxes/premiums than all these countries like Norway but the tax money goes to the subsidies and contracts for the 1% rich corporations not the major taxpayers i.e. 99%.
@@javascriptkiddie2718 In a court verdict, corporate funding to the political parties is equalized to free speech. This means they legalized bribery. Unless that’s changed, there is no incentive to the politicians to work for the common people. Our taxes subsidize the rich i.e. Socialism for the rich using the taxpayer money. The rich don’t pay more taxes compared to the poor and the middle classes. Our wages are taxed more compared to the wages of the rich.
The French Revolution of 1789 was caused by the nobility and priests owning 40 percent of the land despite being 3 percent of the population.
Yeah, and we are well worse off than that. Yet we still do nothing.
Yep I'm counting the days until this finally happens here. We really need it.
@@anthonytwohill9726it can happen. Connect people across political parties and ban people together for the common suffering. It takes a lot of work. Yes. But it isn't impossible
@@anthonytwohill9726to be fair the major difference is we aren't starving. I agree though.
Way more than 40%
Ask the average American what the Gilded age was and they will have no clue what you are talking about…
Yes, especially the poorly educated like MAGA
They have the god damn Internet too. I used to have to use an encyclopedia!
Need to come out with a massive TV series to get them caught up.
@@darex0827there is one but it’s a Bridgerton rip off.
otherwise there would be no Trump
The world needs more Luigis
If you say you want to tax the rich 1% more, even if it is the only 1% they pay in taxes, they will cry and whine.
Raise prices on food, on rent, on everything you need to live, and the poor will do what they have always done, silently do their best to survive without crying and whining.
Yup, and they are willing to sacrifice our entire species, and every other life form on our planet, if it means not seeing some imaginary numbers go down at the end of their fiscal year!
The poor will whine and cry alright, but on all the wrong things, sadly. The rich tell them the reasons you are poor are that the immigrants take your jobs, and the left makes you pay too much in taxes to pay for all the lazy serfs unemployment benefits.
It turns out the billionaires have more class conscious than people who do need to have class conscious.
@@ItsukaShimotsuki Its cause they are the ones who literally created classes, and benefit from maintaining them.
That's what happened with the frontliine worker rise during the pandemic the 1% just raised prices
Kyle - once again you have nailed it. This video (along with Robert Reich's) should be required viewing for every person in our country. Republicans - are you lustening? The government is not the source of all your problems. Black people, gay people, trans people etc., are not the cause of all your problems. IT'S THE RICH AND GREEDY. Pure and simple. Thank you Ronald Reagan - you started this unending downward spiral.
IT HAS ALWAYS BEEN A CLASS WAR.
@@lucianomezzetta4332 But from FDR to Carter, we were winning. The middle class thrived; unions thrived. People lived decent lives on one income. Reagan destroyed the whole thing with his idiotic "trickle down theory," his tax cuts, and his union busting. It's never been the same since.
Every person with a decent amount intelligence perhaps. The other 50% we all know their ability to receive important information is nonexistent.
Sure, and democrats say that nazi cultists and Christians are the source of all their problems. don't think democrat voters haven't been bamboozled by this as well.
This is what I have been screaming. I wish there were more educated Americans. Many, born and educated in America, can barely speak or write standard English. Seriously!
i am tired of being depressed about this. I am powerless and this sucks. I have to raise my fucking kids through this
Robert Reich has worked with 4 presidents. I really trust his word. And he has a soul.
Except when it comes to affordable housing in his neighborhood.
I really like Robert Reich. He always is informative!
I think he is trying to make up for his past sin. NAFTA was passed with him in charge under Clinton.ent That's when a lot of jobs went south of the border. 😮
@@bobfrick8250I didn't know he was in power!! Are we blaming civilians for government failure!???
@@bobfrick8250why point out weak points in champions when there are hundreds of outright villains that are allowed to believe they have a right to power?
Why are the shameless bulletproof?
Because good men spare them for scrutiny
It's so depressing. Us poors have no chance. And yet so many of us defend billionaires and don't want them taxed fairly...it's literally insane. The greed of billionaires is something else. They are already that rich and STILL want tax breaks and for us poors to bear most of the tax burden. Sickening.
Yeah, so many people have this delusional notion that they too will SOMEDAY be ultra-wealthy, so they can’t “betray” their future-self lol
The idiotic poors think they can become rich like those billionaires... But in reality they're the furthest thing ever from it.
Immigrants, get the Hell out of here if you can. You're 10x better off at home. I have nowhere to go.
Sadly lots of people still think trickle down economics is actually something that happens.
We have millions. They have a few thousand. We always have the power. We just give it up because a ton of us are morons who value "civility" and "comfort" paramount.
I feel like the 2nd Gilded Age started in the 80s. And just ramped up since
I’m just out here polishing my pitchforks
Whetstone first
😂😂😂😂😂😂😂😂@solflake
Revolt is just around the corner
IM WITH YOU.
Take a little time to learn that the French Revolution turned into a cluster F! ck.
The fact having free lunch programs at grade schools is even a debate is so fucking crazy!
I live in Minnesota. We just got free school lunch and breakfast for all kids.
Guess who that benefits the most???
THE MIDDLE CLASS.
The reason.......poor kids already get free lunch, rich kids order door dash or just have enough expendable income to not care
It's the middle class working week to week, getting no government help, yet they must come up with about $8 per day per kid. Some kids just don't get to eat. Shameful
Republicans believe poor people don't work hard enough to earn government assistance.
Wow
Love you Kyle! ♥️
Thanks for putting words to this insane discrepancy.
Through bringing conscious awareness to it we can change it.
And so we shall.
Because we must.
What we have now is NOT sustainable, not even for the super rich.
Just yesterday, I reminded a friend that the robber barons of the Industrial Age were curtailed. Now we need this for the wealth developed in the Information Age. Their hubris exposes the greed.
It is funny that Americans think their post war period is how life was supposed to be. In France, Poland, and Japan people never had nothing and they have
increased their quality of life, while the US always looks at the 60s after winning a world war as if it is how life is supposed to be. It is tech that made workers make
less money, not the billionaires. And the latest concentration is because of printing money for the pandemic and wards, which created inflation
It was a war on middle class Kyle. They destroyed unions, retirement accounts, pensions, etc. That was what the middle class was built upon.
Great video! Cheers 🥂 and eat the rich!
Exactly.
I sort of see it as the ground was systematically removed tinder the lower class which also meant the middle class followed along. But the end effect is the same and it is heartbreaking. I wish you luck over there, America.
There is no middle class. There are two classes. Worker and owner. Bourgeois and proletariat.
"Middle class" is a neoliberal lie that led us here. It is a lie that shatters the working class, and makes some of us feel superior to others, and that causes bias, then resentment, then outright hatred. Which is what the owner neoliberals want.
@ Yeah. Ya know the more I think about it the more it feels like apathy. The wealthy and mega-wealthy really only ever cared about themselves and their ability to accumulate more money, resources and political power. At some point they had accumulated so much of all three, there just wasn’t as much money or resources to distribute amongst everyone else and politicians stopped caring about voters in favor of their donors. I don’t know that it is so much a premeditated attack on the 99% as much as a complete focus on the 1%. Regardless, the outcome has been the exact same as if it were premeditated.
My retirement accounts have gone way up, not sure what you're talking about
The reason some people don't support re-distribution of this level of wealth is because people literally cannot comprehend how much money $100 billion actually is.
Absolutely! It’s unfair that the average American pays nearly 20% while billionaires pay less than 4% (Ref. Propublica). We need to push for change-enough is enough!
Exactly
Voting for Trump was voting for the rich greedy POS.
Like FDR said "give them (the working class) some, or theyll take it all" we arent holding up our end of the bargain.
I rather wish FDR hadn't said that. It would have been better if we had taken it all when we still had power and momentum. Then, FDR destroyed union efficacy by integrating them into the mechanisms of capitalism as intermediaries. A brilliant legacy of militant labor organizing dashed to pieces by a clever reformist capitalist.
Musk "give them (the billionaires) everything, or the Pinkertons will be sent"
@@jeremyjackson7429 Robot Pinkertons , aqquired by Elon in a buy out of every robotics company. Terminator without the robots going rogue, because AI is a myth.
This is a fantastic video. Thanks Kyle. You’re crushing it.
It's been this way ever since Reagan.
That's the tune I've been tooting👍😮
Kyle is back. He isn't trying to make friends, he is trying to obliterate you with the truth
😂😂😂😂😂
He never left
Perfect
He literally just said the hardest working people he knows live below the poverty level. He’s not spitting truth, he’s full of shit.
@@bobfrick8250 anecdotal stories aside, look at the facts. Or do you just ignore that part.
Warehouse worker here-approaching 60 years old-working 10 hour days-physical labor not a desk job-one car malfunction or vet bill will destroy me-no car no way to get to work-it’s obscene
It's just like when the Titanic was going down: The people at the bottom got the shaft, while the people at the top got the rafts.
That's actually a bad example, because the survivor by class/gender statistics support that the women and children got the rafts.
That's funny 🤣 we stuck a Elon Trump iceberg 🧊
@@jerrylewis9699 I just hope it doesn’t sink us because we’re all on this 🚢 TOGETHER
This literally makes me furious
You’re a bot though.
😂😂😂@@justsomeguy6336
What is mind blowingly evil is not only could one of them choose to end,say, world hunger, but they won’t even come together to do anything positive for humanity at a discount.
At this point a revolution would be among the best case scenario. This type of income inequality is honestly unsustainable. How long is it going to be before we as a society start to collapse? You can already see the signs you can already see the cracks. Our standard of living is getting much worse and people are having less kids and more and more people are living at home longer. The collapse is honestly already here..
At some point people will get angry as NICK HANAUER explains in "The Pitchforks Are Coming… For Us Plutocrats". He said that it is not a matter of "if" but of "when".
Limits to Growth predicted this.
@NashHinton indeed the end is nigh.
I wonder how much of the population is living in their cars? It’s so sad what is happening right now!
Why is income inequality bad?
Not one of those people EARNED that money. I work in retail where the money is made by selling things to people. The members of the corporate offices and c-suites did not sell a single item, deliver a single item, stock one shelf or deliver any product from a warehouse to the store, and yet they take the vast, vast majority of that money. Reality is nonsense.
Retail workers are so screwed here. Your crew is stretched thin, the benefits are terrible and noticeably decrease the longer you stay, the breaks are inadequate, the leg pain just gets worse and worse from standing/walking for 8+ hours. And people still believe the lies from the corporate overlords that the profit margins are too low to do any better for their workers. Or even worse, people don't believe that retail/service workers deserve better because they see them as servants/slaves.
Reality isn't nonsense. Capitalism is.
@@keaganhodgden7374Capitalism works with reality
Did they at least bear a financial risk, or partake in the logistics/marketing side of things?
I don't think corporate-level workers make money to do LITERALLY nothing, but rather that they are vastly overpaid for whatever it is they ARE doing for the companies they work for/own.
@@julesdalli9716 I do partake in the logistics/marketing side of things and I work in retail.
You are so right about the destruction of democracy by the billionaires.😢
The class wars will begin when the poor realise it's not their fault for the situation they're in. It's the greed of the1% that's causing the problems.
Class conflict is already ongoing. The working class has just been tricked into thinking they don't have a collective interest.
I know the son of one of the 1% families. He's batshit insane about money and entitlement like all of the Oligarchs. He thinks the current corrupt system is not enough for the billionaires.
The poor (as a group, not as individuals) are too gullible. They'll blame immigrants & trans.
@@jeremyjackson7429Keep the peasants distracted with wedge issues so that they don't realize who's really at fault for their struggles in life.
I know
I hate having to say and hear “We used to have laws” because they’re ignored and not enforced. It’s depressing.
I cannot afford a bed, my meds, new blankets without holes. I am so tired. Nothing changes.
May life get better for you.
@@marilynnoll541I doubt it’ll get better within our lifetime, especially with the looming threat of global warming that our government is doing nothing to address.
The future is bleak at best and nonexistent at “worst”
Become a Luigi
On the plus side, CEO's the world over are set to receive massive bonuses at the end of the year.
Yay for capitalism........r-r-right?
I'm deeply sorry to hear that, there's hope yet. 😮
$10.50/hour as a cashier at a supermarket.
$9/hour as a cashier at a dollar store.
No benefits.
Horrible welfare..
Government ignores the poor.
Yep. The poor r only good for a vote, so convince them the other side is coming for ur…job, guns, happiness, way of life, ur pets, ur town, ur kids. Keep the poor focused on made up issues while you fleece them sideways and then blame the other side for ur problems so they keep in power to further fleece you
and those pay rates are only that "high" because your state mandated a higher minimum wage than the nation did. It's STILL $7.25/hr. That's insane. $20 "might" be a living wage. Maybe more like $30. So basically you need to huddle up with a bunch of people, all working above minimum wage jobs, and live communally these days to even make it. They're PUSHING the poor towards practical communism on the micro scale in order to survive. It won't be a stretch to enforce it as a revolutionary movement.
@SeeJayPlayGames living wage MIT website says my city says a living wage is $26/hour for a single person, so it IS closer to $30.
For a single mother it is $61/hour.
@SeeJayPlayGames to be fair im in idaho. Our min wage is 7.25 but hardly anyone gets paid that
While subsidizing the Rich.
Capitalism for the poor, Socialism for the Rich.
Leaving the gold standard in 1971 allowed wages to go down by over 90% if you measure wages by how much gold you can buy per year. $9870/35=282 ounces of gold vs $60,000/2645.90=22.50 ounces of gold. That is why the average billionaire is so much richer today than in the 70’s because they are paying 92% less for labor.
Thanks for discussing this topic. It's important. Somewhere I read:
PROFITS ARE UNDISTRIBUTED WAGES.
Nice. And sadly true.
THIS. 💯
And what are LOSSES?
@@jacqdanieles Bad management?
@@francelaferriere6106 that would make PROFITS = good management
Buying the government turns out to have been a great investment.
Yeah, giving politicians millions while making billions.
Just look at how Tesla stock has been doing since Trump has won
I’ve watched this happening since the late 70s. I was a young teen when Reagan was elected and the whole ‘trickle down’ thing sounded like pure BS to me even then. A mere child knows better. Over the decades I’ve watched things get worse and worse for normal working people. At this point, I’ve lost all hope. 😢
Don't feel hopeless. Feel vengeful.
When we entered the work force we were told we were lazy, so they pulled up the ladder and scoffed even as we blew past any metric they set for productivity.
It really does give new meaning to corporate welfare. They say this about poor people being given money. But ignore when corporations and super wealthy are given money. Think about this. This rich person/corporation doesn't have to do anything to make more money. He just waits for a bigger tax cut and he will automatically get paid more. No spending any extra money on R&D, no paying for extra people at work, no spending extra on raises for people. Just sit back, get a bigger tax cut and collect even more money... then spend it on politicians to give you more government contracts... brilliant. They might as well make wood shacks for people to live in.
And the normal working people keep defending & voting for it.
@ I know, that’s one reason why I feel so hopeless. 😩
ALL billionaires are morally deficient humans.
Bold of you to call them human
They are as Henry VII put it, "overmighty". His solution was to tear down their castles and disban their private armies.
I was reading about the Gilded Age not too long ago and I thought it sounds like what's happening right now. It's like the old saying, if we don't learn from the mistakes from the past we're doomed to repeat them.
This is the final destination of capitalism, and will continue to repeat as long as capitalism continues. Another Great Depression is imminent. And I have my doubts that another FDR will rise to steer capitalism back to working just "good enough" again.
Best political commentator. One of the only ones who are guinine, consistent and sticks to their morals. I hope more working folks can deradicalise themselves from the right wing insanity and start listening to people like Kyle. And then mobilise.
What's shocking is this argument wasn't used by liberals throughout the campaign!
it's because campaign backers would be upset
Because they are in on it!!!!!
Liberals are invested in the status quo. If they weren't, they'd be socialists.
Because it's not a liberal talking point. Liberals are not progressives. They are actually closer to conservatives, and just don't get rabidly disturbed by LGBTQ+ existence. Instead, like true capitalists, they see everyone as cattle arranged in an unquestionable hierarchy.
Democrats and Republicans are funded by the same billionaires. They have a pact with each other to never change things enough to actually help people.
Best video I’ve seen in a while. This describes the real issue facing America. The struggle between the haves and have-nots.
"The Federal Reserve System is not Federal; it has no reserves, and is not even a system at all. But rather an international criminal syndicate."- Eustace Mullins.
"Give me control of a nation's currency, and I care not who makes its laws."- Mayer Amschel Rothschild.
Feudal system Kyle. That’s what the oligarchs want. They want to be lords with an endless supply of loyal serfs.
Technofuedalism or technofacism. Controlled with advanced technology and psychology
For real. Check out Curtis Yarvin. He wants the poor to be turned into biofuel.
I agree, ultra-rich families have traditionally been attracted to feudal system.
they want it? they already have it, next step will be to kill us all and replace us with obedient robots or something horrific
Thank you for bringing this to the surface, people just don't realize how unjust our lives are.
This is why I keep telling all of us working class people to search RUclips for the old, but still relevant clip of George Carlin rich versus poor. He clearly describes the rich people's plan.
I did the math on Wal-Mart. They made enough money in the last year to give every single one of their worldwide 2.2 million employees a $40,000 bonus and STILL have over $80 BILLION left to spare
Judas!!!
Yet I made $11/hour.
Holy crap
Show your math.
Net income: $15B in 2023. So your "math" is actually impossible.
I think people have started to realize with the CEO getting whacked. My mom literally said to me today "maybe this will replace school shootings" and she's the family capitalist (owns a small business). Sure would be nice if people channeled their anger towards people who actually matter.
Lmfao capitalism doesn’t even benefit small business. Solely revolves around actively enabling and eliminating small businesses through monopolization
Your mother may be on to something. Save the children!
I like that u said whacked 😅
@@camiller4916 Bill Burr said it first and I thought it was a good way to put it lol
@@ARandomDonut Because it's how you would describe a mob boss getting murdered
Thanks! Would send lots more but I am on a limited income. You are THE best independent media man out there! Sending good energy for your continuing media growth 💙💙💙
This is the right message. Over and over again. This is what unites.
Yes 100% just commented the same. If the dems keep on this message, they will win in a landslide.
I’m a teacher, and since Trump was first in office, I’ve never been this poor. I struggle to pay for basic needs.
This is called inflation.
@@Naomi-bw5qsa little bit (~2% annually) of inflation is fine. Wages have been stagnated for the preceding decades.
@@Naomi-bw5qsNot if you don’t get decent raises that keep up. Why do we need 2nd jobs? I see houses with 2 or more families working at least 6 jobs to keep up. No insurance or savings. Just paychecks to paychecks.
Inflation
Inflation should keep up with wages. Why are the billionaires out pacing inflation but we aren't even matching it?@@Naomi-bw5qs
I appreciate your warnings and your dialogue but what we need is solutions
The good news is we have been here before. The bad news is we have been here before.
We haven't been here before because those people that were here are actually all passed away. So, what's the good news now?
"When you're born into this world you get a tickets to the freak show, and when you're born in America you get a front row seat" - George Carlin
If you want to see who the real parasites in the system are, here you go. It's not the random homeless guy who's treated like trash and can't afford a meal, it's the people at the top.
But I'm sure all the sad little sycophants for these people will continue to ignore it, like usual.
Hi Kyle, I’m a conservative who enjoys your channel. You were right about Ben Shapiro, Matt Walsh. Keep up the good work
Are you sure your conservative if you agree with kyle your more likely a socialist
And he's 100% right about Rogan!!!
Gotta admit, he tore Rogan a new a-hole
😂😂😂
Wow, you don't say 🙄
Welcome! There’s no point in being divided!
@@Jorora_Dev Thanks! I’m glad to have been awakened to this. I’ll still hold my conservative views on some issues, but this has strangely been a catalyst to pull my eyes wide open on our healthcare! I love that we’re joining forces over this. LFG
I'll never forget the day Reagan fired PATCO. My dad was visibly distraught, looked at me and said. There goes labor.
I'll never forget the Air-traffic controllers? That was Jaw dropping and we had to hire military to take over, we had some terrific Air Crashes remember! I was working as a flight lineman at that time. 😮
You're never going to get ahead by following the rules when the rules were written to keep the rich rich and the poor poor.
The wealth inequality was similar in pre revolutionary France...................It's time!
At some point people will get angry as NICK HANAUER explains in "The Pitchforks Are Coming… For Us Plutocrats". He said that it is not a matter of "if" but of "when".
Gini coefficient was also similar during the Great Depression.
Wealth is all about how you grew up and who you know.
And who you are born to.
The pitchforks won't come out. People are too scared, too stupid, too sheltered and too distracted to form any serious threat.
I have repeatedly been stating that Jeff Bezos could give each Amazon employee $100,000 and still have $200 billion left over.
That’s the thing. No one saying take all their money, just pay their fair share. They’ll still be rich, still winning.
@@nas84payne well, not quite. Actually I would like to see no billionaires at all.
Just pay the workers better.
Thanks!
Good thing we voted in a good hearted rich guy to bring in all his good hearted, selfless, rich people to run the government in a way that hurts their interests and helps those that are most in need.
Most people can't wrap their heads around just how much money a billion dollars is.
Humming the soundtrack of Les Miserables. It would do us all well to learn about the French Revolution for historical context.
Gilded ages and wealth inequality always precede civilization collapse.
Do you hear the people sing?
I really hope thats our theme song
😂😂😂
This is so true.. and it's amazing how so many Americans cannot see it. How the influence of fame and fortune has made most of them blindly follow and support people who directly causes their decline in wealth and prosperity.
Thank you for reporting on this. It needs to be continually talked about.
The guilded age only properly ended in WW2 and that reset gave us about 30 years of fairness.
Relative fairness.. For white folks. Gotta remember Reagan benefited from the racist disdain for the civil rights movement to end Jim Crow era segregation, voter suppression and sundown towns. We had a tiny almost decade between Roe V. Wade , post Martin Luther King, post equal credit act that let women have bank accounts and credit cards not partly owned by their father or husbands, and then the late seventies created the religious right working to undue all the progress in a backlash against Black people and free women, reignite patriarchal and racist neocon ideals to protect white Christian male wealth. We were on the road to ratify the ERA, Equal Rights Amendment, and then failed. And we still have not.
I was taught to work hard and things would come my way. 4 shoulder surgeries 1 wrist surgery kidney failure surgery 3 bulging disks psoriatic arthritis and living in a shed, divorced, and no social or veteran benefits. I was injured in 2015, I asked for HELP in 2017.
The only reason we overcame the guilded age was because the great depression wiped out most of their money, and FDR forced through the new deal. We don't have that kind of political will anymore.
Exactly.
The poor have no political voice anymore.
@@scifirealism5943We have to reclaim our voices and hold our government accountable. They are here to work for the people. If they are not working on behalf of their constituents... VOTE them out. Period.
@@cynthiareeder4048 poor people don't vote
Not so sure…. trumps decisions may lead to the next world recession, or depression. Hoping not but …
I absolutely see a depression coming..