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Income Inequality in the USA
The Chinese did rather well in the age of globalization. In 1990, 943 million people there lived on less than $3 a day measured in 2021 dollars. 83% of the population, according to the World Bank. By 2019, the number was brought down to zero.

Unfortunately, the United States was not as successful. More than 4 million Americans, 1.25% of the population must make ends meet with less than $3 a day, more than three times as many as 35 years ago.

How has China succeeded where the US failed? Is income equality getting worse under Trump?
Oprindeligt skrevet af mai72:
Ray's video explains what is happening to America.

It happens in cycles. America is in the last innings. is it the 7th, 8th or last inning. That will be decided. Wealth inequality is not good and that along with the terrible health care system and people falling into extreme poverty. It doesn't bode well for America. it leads to civil wars. Instability. High crime rates. Governmental untrust, and unrest.

I think we are in the 9th inning and its going to get really bad soon.

https://www.youtube.com/watch?v=xguam0TKMw8
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Espejismo 23. nov. kl. 8:55 
does somebody pay you to do what you do on ot all the time or are you doin this ♥♥♥♥ for free
Drain 23. nov. kl. 9:42 
Oprindeligt skrevet af Espejismo:
does somebody pay you to do what you do on ot all the time or are you doin this ♥♥♥♥ for free
I think he just envisions himself as a reporter but can't get a real job doing it, so here he is. Most of his threads are fake news, like this one, and damn near none of them cite a source for the things he's saying.
Arvaos ⚚ 23. nov. kl. 9:49 
Oprindeligt skrevet af Espejismo:
does somebody pay you to do what you do on ot all the time or are you doin this ♥♥♥♥ for free

I'm not making this up.

These are official statistics.

Unlike China, the US did not offer much to the people eking out a living around the poverty line. Per head, the US’s economic output is six times China’s, and yet, inexplicably, there seem to be more abjectly poor Americans than Chinese.

The story of US inequality is known by now. It is nonetheless breathtaking how its lopsided distribution of income keeps getting worse. In 1980, the income of Americans in the middle of the income distribution added up to a bit more than 52.5% of the income of those perched at the top 90th percentile. At the turn of the century, it was 48%. By 2023, it had slipped further, to 42.5%.

Burying your head in the sand and pretending that they are false doesn't change that they are fact.
kbiz 23. nov. kl. 9:50 
Hey Arvaos, is China good or America bad today?

More than 3.5 billion in the world live on less than $7 per day. Americans are doing pretty prettty good on a relative basis. Yay Constitution. Yay free market capitalism.
kilo 40 23. nov. kl. 9:52 
reminder, "Xinjiang genocide" is a real thing.
Arvaos ⚚ 23. nov. kl. 10:29 
Oprindeligt skrevet af kbiz:
Hey Arvaos, is China good or America bad today?

More than 3.5 billion in the world live on less than $7 per day. Americans are doing pretty prettty good on a relative basis. Yay Constitution. Yay free market capitalism.

The poor’s share of the US economic pie is shrinking to developing-world levels. The income of Americans in the top 90th percentile of wealth grew more than twice as fast between 2000 and 2023 as that of Americans in the bottom 10th percentile. These days, Americans in the poorest 10th of the population draw about 1.8% of the nation’s income, about the same as poor Bolivians. In Nigeria, they reap 3%, in China 3.1%, in Bangladesh 3.7%.
Arvaos ⚚ 23. nov. kl. 10:33 
Oprindeligt skrevet af kilo 40:
reminder, "Xinjiang genocide" is a real thing.

This is not to congratulate China for its authoritarian government, for its repression of minorities or for the iron fist it deploys against any form of dissent. But it merits pondering how this undemocratic government could successfully slash its poverty rate when the richest and oldest democracy in the world wouldn’t.
$2 Hero 23. nov. kl. 10:42 
sigh... china only got boosted because america sent over factories and things. you cant see the correlation? :steamfacepalm:
MonkehMaster 23. nov. kl. 10:46 
"under trump"
https://www.youtube.com/shorts/_H4vwkGvWjE

have we forgotten the last 3 or 4 decades (or more)?

"the more you know"
https://www.youtube.com/watch?v=4Ygs3IHJ2bM

anywho, have a nice day :gk_smile:
Sidst redigeret af MonkehMaster; 23. nov. kl. 10:49
Ulfrinn 23. nov. kl. 10:49 
Oprindeligt skrevet af admiral1018:
943 million people there lived on less than $3 a day

What you describe as "lived on" in China would be considered extreme poverty in the U.S. The standard of living even among the poorest Americans is still higher than the average Chinese citizen.

I really wish some of you had taken basic courses in economics so you weren't baited by CCP and Russia propaganda so easily.

He knows. This is just bait. Nobody even attempting to be honest think any Americans live on $90 a month. That wouldn't even cover groceries for a week.
Sidst redigeret af Ulfrinn; 23. nov. kl. 10:49
MonkehMaster 23. nov. kl. 10:52 
Oprindeligt skrevet af Ulfrinn:
Oprindeligt skrevet af admiral1018:

What you describe as "lived on" in China would be considered extreme poverty in the U.S. The standard of living even among the poorest Americans is still higher than the average Chinese citizen.

I really wish some of you had taken basic courses in economics so you weren't baited by CCP and Russia propaganda so easily.

He knows. This is just bait. Nobody even attempting to be honest think any Americans live on $90 a month. That wouldn't even cover groceries for a week.

agreed :JoeWheelerApproves:

that barely covers an internet bill (we talking just internet as well), wont cover rent/mortgage/etc.. (wouldnt even cover a yearly property tax), utilities (including cell), food for 4 weeks, gas back and forth from work, etc.. etc..

if you have kids? welp... add more expenses.

among many other things, insurance (health or otherwise), as well as accidents, repairs, or any other unexpected spending.

$90 a month, would keep me fed, while living in a box, on the side of (or in) a random abandoned building... i would hope.

that said, OP didnt even bother providing links for the claims.

have a nice day :gk_smile:
Sidst redigeret af MonkehMaster; 23. nov. kl. 11:18
Oprindeligt skrevet af Arvaos ⚚:
Oprindeligt skrevet af Espejismo:
does somebody pay you to do what you do on ot all the time or are you doin this ♥♥♥♥ for free

I'm not making this up.

These are official statistics.

Unlike China, the US did not offer much to the people eking out a living around the poverty line. Per head, the US’s economic output is six times China’s, and yet, inexplicably, there seem to be more abjectly poor Americans than Chinese.

The story of US inequality is known by now. It is nonetheless breathtaking how its lopsided distribution of income keeps getting worse. In 1980, the income of Americans in the middle of the income distribution added up to a bit more than 52.5% of the income of those perched at the top 90th percentile. At the turn of the century, it was 48%. By 2023, it had slipped further, to 42.5%.

Burying your head in the sand and pretending that they are false doesn't change that they are fact.

They are not disputing your claims. They are asking why do you have are "hard on" for all things US?
TWPanda77 23. nov. kl. 11:25 
China and the United States are not comparable in this context though. The figures you show highlight two completely different situations. The reduction of extreme poverty levels in China happened because it changed from a low income and mostly rural economy into a more middle income industrial one. Hundreds of millions of people moved from subsistence farming into factory and service jobs and that naturally eliminates “under $3/day” levels of poverty because people enter the cash economy.

The USA is something different entirely. I do not know all the reasons because unlike China I've never lived in the USA. I would imagine it is wage stagnation and a decline in jobs. The decline brought about by the corporations exporting the work to China, Mexico, India etc. It is not a Trump policy this has been happening for a long time.
Blunt Raps 23. nov. kl. 11:30 
1, they stole everybody's production by undercutting wages... They dont live on $3 a day anymore, but what do they live on?

2, social credit score. The oligarchs relaxed with the greed, and gave up a little bit of wealth, in exchange for stripping everyone of any privacy. "You've been a good boy, no jay walking or anything, have some discounted food prices!"

3, they dont respect copyright, unless their government owns it. They steal trade secrets, and let black markets thrive.

4, they threaten direct war any time a nation tries to impose tariffs, or do anything to even trade.
Ayo Spain quit playin
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