Middle age used to be peak unhappiness. Middle age crises was a thing. No longer. The humped shape curve of unhappiness is now a ski slope with the young being the most unhappy. It also goes along with their rejection of capitalism.

journals.plos.org/plosone/arti...

The AP & Reuters write a letter to Israel demanding answers about the multiple strikes on a hospital that first killed journalists, then the rescue workers - live on tv.

Netanyahu called it a “tragic mishap”
www.ap.org/the-definiti...

So if the 1% are paid mostly on stock how do they grow the value of their companies shares? Some of them innovate but innovation isn't really reliable and consistent. Instead they off-shore jobs to low-cost geographies and buy back stock.

What do we expect when corporations keep off-shoring US jobs and dollars via Foreign Direct Investment. When you send out $1-2T a year some of that capital is going to come back in the form of purchasing US assets.

www.bloomberg.com/news/article...

Most of us pay a 13% effective tax rate. Largely because we take an income. Billionaires pay a 4-8% effective tax rate. It is pointless to state we should tax them more without understanding how they do it. Raising the income tax or capital gains tax on them will do nothing.

Learn the Game!

This article came out in 2023. The top 1% wealth increased thier share of American wealth from 23.2% to 30.6% (Q1 1991 – Q4 2024)

Has your opinion changed?

Why did I start the RAPT Institute