Yabbut the graph I mentioned parenthetically shows that even folks in the top income bracket do better with Democratic presidents than Republican ones, at least if you're counting income growth[*]. Are you suggesting that they manage to increase their wealth more in ways that somehow don't get counted as 'income' when Republicans are in office -- enough so to exceed the amount their income-identified-as-income increases under Democrats?
[*] Then again, if they're not counting "how many more year-XXXX-equivalent dollars do I have now?" but measuring their on success by the "how big is the ratio between my income and 'regular people's' income?" metric instead then (a) yeah, they do better under Republican administrations and (b) they're really f%$#ing evil. 'Cause it's one thing to mistakenly believe the "rising tide lifts all boats" rhetoric, and another thing entirely to hold everyone else's head underwater.
Well, it's pretty evil in result, but not necessarily in motivation. People's perception of how well they're doing is definitely tied up in how much better they're doing than other people. If lots of people can afford your toys for rich people, they cease to be toys for rich people.
I think it might be even more near-sighted metrics. If I'm rich and I earn money, that's because of my hard work, not because of government policies. If I'm rich and I lose money, it's because taxes are too high and they stifle my business. So the government should get out of the way and not charge taxes or regulate business, even though those might help business in the long run. Who will help with these problems? Well, both sides, but even moreso on the Republican side.
I hope that people aren't that stupid, but boy, the cognitive biases are quite clear here, and point in that direction very firmly.
(no subject)
[*] Then again, if they're not counting "how many more year-XXXX-equivalent dollars do I have now?" but measuring their on success by the "how big is the ratio between my income and 'regular people's' income?" metric instead then (a) yeah, they do better under Republican administrations and (b) they're really f%$#ing evil. 'Cause it's one thing to mistakenly believe the "rising tide lifts all boats" rhetoric, and another thing entirely to hold everyone else's head underwater.
(no subject)
(no subject)
I hope that people aren't that stupid, but boy, the cognitive biases are quite clear here, and point in that direction very firmly.