wealth Archives - Granite Grok

MACDONALD: Majority of 40 and Unders Think Income Should be Capped

September 15, 2025September 14, 2025 Steve MacDonald

Numerous polls and studies and research and you know the deal, have come out over the past fifteen years, telling us “college students” oppose free speech. Many still do, and often believe violence is a suitable means for silencing opposing political speech. It’s not very American of them. The founding fathers would likely have them … Read more

Weaving Resilient Societies, Solving Capital Stasis

December 28, 2024 Kensley Vitoria

The modern approach to building social networks is to encourage people to network with the kind of people they would like to become. The aphorism goes something along the lines of You are the product of the six people you most commonly associate with. This may hold true, but it encourages an extreme classist society, where the … Read more

US Wealth by Generation

July 6, 2024 Skip

“In 2023, American Baby Boomers owned 52% of the country’s net wealth despite comprising only 20% of the population. Based on Federal Reserve data, this graphic, via Visual Capitalist’s Bruno Venditti, illustrates the distribution of wealth in the United States from 1990 to 2023 by generation.”

Data Point – Richest Countries in the World Per Capita

June 16, 2023 Skip

Mapped: Which Are the World’s Richest Countries? Measuring GDP per capita is a common measure of the economic wealth on a per person basis. This article sorts countries according to the latest International Monetary Fund (IMF) projections on GDP per capita for 2023. Currently this metric is at $13,920 globally in 2023, up from $13,400 in 2022 and $11,160 in 2020, all nominal … Read more

Screw The Poor: Proof that Democrats Are The Party of The Rich

May 21, 2023 Skip

For decades, the Democrats called themselves the “Party for the Poor,” the “Party of the common folks,” and the “Party of the Working People.” The last was meant to be the blue-collar workers in the fields, mines, and factories. Those who toiled but not in the middle to C-level offices.

So Now We Have Bruce Currie’s Answer to My Question: Whose Money Is It FIRST?

February 13, 2023 Skip

Before he got banned for turning into a troll, Bruce Currie (a Bernie-Bro) used to be part of the ‘Grok commenters. I gave him credit for constantly standing up for his Progressive replies but it was clear that he wasn’t going to go that “last step” and answer one of my principle questions when confronting … Read more

Data Point: Amount of Assets to be Wealthy in the US?

July 11, 2022 Skip

Interesting infographic and table, courtesy of Visual Capitalist. We heared (or more correctly, heard a lot during the Occupy Wall Street movement – seems like eons ago) all about the vaunted (and hated) “1%”. Democrat Socialist Bernie Sanders is still going after them – even as he is now one of them with an estimated … Read more

The Danger of Knowledge

December 18, 2024March 22, 2022 NITZAKHON

Some years ago, as an intellectual exercise, some friends and I were talking about what we thought was the single biggest advance in human history.

Data Point image - Royalty Free Pixaby www.bingdigital

Data Point – What IS it about America That Allows It to Create The Wealthies Among Us?

March 1, 2023October 3, 2021 Skip

Featured Image Credit: BingDigital.com

This is a bit out of date (published 9/28 and Elon is now worth over $200 billion), the question’s answer is almost obvious – but my humble opinion is after this infographic.

Notable Quote – Have Progressives already beat the Free Market into submission? Have we moved into Fascism controlled markets?

October 1, 2021 Skip

Reformatted, emphasis mine: In the interventionist state it is no longer of crucial importance for the success of an enterprise that operations be run in such a way that the needs of the consumer are satisfied in the best and least expensive way; it is much more important that one has “good relations” with the … Read more

Percent Shares of US Households by Total Money Income

Data Point: So where has the Middle Class gone? Oh, it got richer!

March 20, 2021March 20, 2021 Skip

All we keep hearing on the Left is that the Middle Class has been taking it on the chops. Well, guess who has been doing that lately? Yes, the Left. Kill off thousands of union jobs, President Asterisk did by killing off the XL Pipeline. And not just THOSE jobs building and running it but … Read more

Notable Quote – Slavery Laws finally met the Law of Economics

February 21, 2021February 21, 2021 Skip

Of course, with many employers, each attempting to maximize wealth, competition for workers would soon force the wage up to a level at which it equalled the actual value of the worker’s labor services to the firm.

Lockdowns Are Crushing the Little Guy – Democrats Are Crushing the Little Guy

December 22, 2020
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Leftists obsess about income inequality. But no act has widened the gap between the rich and the poor more than the lockdowns going on right now. So remove your cranium from your rectum.

Is this the Face of the New Socialist?

September 29, 2020 Peter Lemiska

Democrats have spent a lot of time in recent years trying to shake off the label of “socialist.” Barack Obama used to brush it aside, scoff at it. When Joe Biden was asked about it recently, he answered more directly, boasting, “I beat the socialist…Do I look like a socialist?”

Bernie’s “Make Billionaires Pay Act” Proving “Taxation is Theft” Really is a Thing

August 12, 2020 Skip

The operative question should always be: “Who Chooses?” You or someone whose decision you will have to follow? “Taxation is Theft” is but one answer to that question.

FDR Stole Two-Thirds of Americans’ Savings

July 28, 2020 Percy Blakeney

Remember when FDR stole two-thirds of Americans’ savings? No, of course you don’t. It happened 87 years ago. The last time that populism existed as a major force in the world was in the 1930s. What we’re experiencing today is similar to what happened in the 1930s in many ways.

Benefits of a Principled Tax Burden

May 30, 2020 Steve MacDonald

Is there such a thing as benefits of a principled tax burden? If there were; what would they be? Fact: taxes lower the economic welfare of citizens.

The shroud of socialism won’t be lifted with Bernie’s defeat

March 16, 2020 Peter Lemiska

Democrats and Republicans seem to agree on one thing: Bernie Sanders cannot defeat President Trump in the general election. While his raucous crowds and early campaign victories suggest widespread support, a recent Gallup poll confirms that 53 percent of Americans surveyed would not vote for a socialist presidential candidate.

Winning in Trump’s Economy

February 7, 2020 Steve MacDonald

Who is winning in Trump’s economy? In his State of the Union address the President rolled out an eye-catching statistic. He said the wealth held by the poorest half of American households increased three times as fast as the wealth held by the “1%” under his administration. Wealth means net worth. This is true according … Read more

Students Bash Trump for Profiting from Presidency…Wait, That was Obama!

February 2, 2020 Steve MacDonald

Campus Reform does some great student-on-campus interviews. They pose issues, get their thoughts, then ask them or tell them it was actually Obama. This time around they grapple with the false narrative that Trump and his family are profiting from the Presidency. Nope, that was Obama.