Elephant Graph

[Jobaber]

I just learned about this thing called the elephant graph. What it is is a graph of the total economic influence globliziation has had on each economimc group from poverty to exessive wealth.

It places each income group on a graph, from left to right, and based on how high your income group is on the graph, indicatse how good globilization has been for you:

It looks cute, like this:

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The short story is, that if you look at the graph from left to to right, you can see below, how thanks to globalization

The very poor: Starting from the bottom, globalism has helped them. They are the tail of the elephants on its butt. Awesome! Doing good!

The poor: You can see how globalization has rose a lot of poor around the world out of poverty, that's the back of the elephant. They are way up! Nice.

Western middle class: Then you see it kind of takes a big dive, that's the face and nose of the elephant. This group makes up basically western workers. Auto industry workers, anyone whos job got outsourced to 3rd world slave labor.

The rich!: And up they go! Look how high! The tip of the nose of the elephant is raising high above the water, we are all under. So to speak.

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Now, the reason I am making this post isnt to attack the rich.

It's not to attack globalism. Obviosuly Globallism has helped the most people get out of poverty, than anything else in the world!

What I am saying is, that the only people that PAYED THE PRICE of globalism, are TRUMP voters.

So god bless them, for saving the world.

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[aussenseiter]

Computer - Define income growth rate

[aussenseiter]

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[Encroaching Death]

Western working class has been boiling over for a few years because of it too.

It makes sense.

The 3rd World working class makes money because they're getting more work - The rich make more because it's their businesses they work for, and the working class in wealthy countries get the shaft.

I mean, you can buy cheap Chinese crap, but you can't accumulate any real wealth.

But that really rich guy just put in another Starbucks across the street, so shut your mouth you ungrateful swine. Drink that overpriced coffee.

[Encroaching Death]

Originally Posted by aussenseiter [You must be logged in to view images. Log in or Register.]

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Now compare disposable incomes to previous generations [You must be logged in to view images. Log in or Register.]

[Jobaber]

Originally Posted by aussenseiter [You must be logged in to view images. Log in or Register.]

Computer - Define income growth rate

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[aussenseiter]

Originally Posted by Encroaching Death [You must be logged in to view images. Log in or Register.]

Now compare disposable incomes to previous generations [You must be logged in to view images. Log in or Register.]

Wage growth stagnation is good, akshually.

Lemme see that PPP per capita.

[Jobaber]

Originally Posted by Encroaching Death [You must be logged in to view images. Log in or Register.]

Now compare disposable incomes to previous generations [You must be logged in to view images. Log in or Register.]

Dont let him use bank codes to wordsmith his way out of this, that's waht they do.

He just said 150,400,000 Americans make up for the other 50%'s wealth and that is the entire point of OP

Thank you trump voters.

[aussenseiter]

Originally Posted by Jobaber [You must be logged in to view images. Log in or Register.]

Dont let him use bank codes to wordsmith his way out of this, that's waht they do.

He just said 150,400,000 Americans make up for the other 50%'s wealth and that is the entire point of OP

Thank you trump voters.

If you got a 3% raise last year and a 3% raise this year, you got "zero" in this chart.

e: and that "zero" is likely to be an absolutely larger figure than the whole income of a person in a lower global percentile with a higher growth rate.

[Jobaber]

Originally Posted by aussenseiter [You must be logged in to view images. Log in or Register.]

If you got a 3% raise last year and a 3% raise this year, you got "zero" in this chart.

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