The establishment club got richer, the folks who actually work (weather it be business owners who are technically in the 1% but not politically connected, or car mechanics making 50k a year ) got fucked; and the lazies relying on gibs still got their gibs.
"Transfer of wealth from poor to rich"? This is a fallacy. By definition, the poor don't have enough "wealth" to transfer.
Exactly. It's the shrinking of the middle class that we've been seeing for the past 2 decades, not a wealth transfer from poor to rich.
The establishment club got richer, the folks who actually work (weather it be business owners who are technically in the 1% but not politically connected, or car mechanics making 50k a year ) got fucked; and the lazies relying on gibs still got their gibs.