Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Most of the money is being funneled to the old. The US government is an insurance company with an army.


From Obama until now, the income gap between the wealthy and regular people has skyrocketed. Most of the new money being generated in our economy is going into the pockets of the top 0.1% and none is going into the bottom 50%.


The actual numbers show it rising during Obama and being flat ever since https://fred.stlouisfed.org/series/WFRBST01134




Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: