The rich will always hold the advantage for 1 big reason. Immigration. The wages will not go up and the unemployment rate will not go down because of it. It’s the 800 pound gorilla in the room but virtually every commentator online, tv or print will not really delve into it, mainly because both liberals and conservatives need high immigration for their own reasons.
If you create 100,000 jobs a month, the rate cannot go down because we bring in over 100,000 legal immigrants a month. It’s just math. That’s not counting the illegal immigration, so take that off the table.
I wish honest conservatives would add this critical caveat when they are making their economic arguments and bashing those who cannot seem to be able to get ahead. The system is rigged against them. I’m not saying you cannot get ahead. I have to some degree, although legal H1B immigration has probably cost me a million dollars easily over time.
