I was recently told the following.

[quote]Tom Hardy yup. You could also move to the US and have the Republican policies.. where the 1% are getting even richer, and the middle class and everyone else is getting poorer.[\quote]

I believe this was said to me based on faulty information.
However, if I decide to respond back; I want to be certain of my facts.

Anything that might help in that regard, would be helpful.

Thanks
Tom

What is poorer: Is it based on the actual amount or the percentage of wealth. A middle class or a poor person may have more money to spend; but their percentage of wealth have decrease. That doesn't mean they are becoming more poorer.

If a middle class or poor person has less money, but the rich have even more less money, does not mean the middle class or poor person is gaining. It does under some people's interpretation.

Sorry, I am not following you're reasoning.

Tom

The greatest poverty is most always to be found in cities and towns that are under the administration of the LEFT. But when godless men and women rule over the people, it is not unusual to find poverty, unemployment, crime, injustice, etc. It is not restricted to leftist despots, but historically throughout the world, the greatest examples of poverty are the result of left-wing government. This is incontrovertible!!!!!!

Faulty information you say? You betcha... FAKE news! VERY Fake news.

Trying to say

person A made 20,000 last year, but made 30,000 this year.
person B made 1,000,000 last year, but made 1,500,000 this year

In using actual money (income), person A gain in money
In using a percentage of money, person A percentage is less.

So, person A could be making 10,000 more than last year, but some will say he is more poorer because of what person B made.

Using the same rationale that some uses:

person A made 5,000 less this year than last year, but if person B made 250,000 less than last year, person A would have gain in wealth (even though with less income).