Talk of The Villages Florida - View Single Post - Giving money to street homeless
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Old 07-28-2019, 07:13 PM
Bucco Bucco is offline
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In my post #47, I noted about income inequality and its relationship to the homeless.

Not sure if this thread is simply personal experiences or a serious discussion of this HUGE problem in our country, but for those who wish to understand where our economic systems are taking us as a country.

I offer

"Billionaire Marc Benioff recently put his vast wealth to work on a cause that is plaguing his hometown of San Francisco, donating $30 million to the University of California-San Francisco to study the causes of homelessness.

The city has experienced a boom in wealth thanks to the massive tech companies that are headquartered there yet homelessness has skyrocketed as rents continue to climb, leaving an estimated 7,500 people in the city without a home."



With income inequality rising to the same levels as the Gilded Age of the 1920s, which was of course followed by the Great Depression, even billionaires are sounding the alarm on the possible side effects coming from when so few people control so much wealth. According to a recent paper by University of California-Berkeley professor Gabriel Zucman, the top 1% in the country own 40% of the country's wealth.


Even billionaires agree that our wealth inequality is unsustainable - Business Insider

What Does America's Top 5% Think About Income Inequality?

If you have a serious interest in this critical and looming problem, then these are a start in reading. If the interest is simply to demean those on the streets, your targets are CERTAINLY going to grow in numbers