Wealth distribution in the United States

[Lafayette]

EXAGGERATED WEALTH

The graph shows the rich not only pay much higher tax rates than the poor but much higher taxes as well, exactly what you want! Many European countries were close to bankrupty and then of course there was liberal Greece.

No, you've understood nothing.

The rich should not be allowed the privilege of a Money Pump the sole purpose of which is to create Exaggerated Wealth. It is of no Real Benefit to them, and simply assures both Dynasties for some and Lifelong Poverty for others.

Under your tax-regime, nothing changes in 5000 years of human existence on earth; the rich get richer and the poor can go to hell. Which underscores the urgent need of a REAL Social Democracy in America.

Your kind likely go to church on Sundays believing what your write/think. That what exists is the best of all possible worlds. They always have thusly throughout the long history of humanity.

Iow, "Stoopid is a stoopid does" ... (Forrest Gump)
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[ludin]

You are hopeless.

M... R... a....
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your concession is noted.

 

[ludin]

EXAGGERATED WEALTH

No, you've understood nothing.

Yes we know you haven't.

The rich should not be allowed the privilege of a Money Pump the sole purpose of which is to create Exaggerated Wealth. It is of no Real Benefit to them, and simply assures both Dynasties for some and Lifelong Poverty for others.

Define money pump? if you mean will and inheritance that you are against I thought you said you believed in freedom? evidently you don't believe in freedom.
that or you have no idea what freedom actually means so which is it?

Under your tax-regime, nothing changes in 5000 years of human existence on earth; the rich get richer and the poor can go to hell. Which underscores the urgent need of a REAL Social Democracy in America.

The bottom 10% in this country live better than most of the top 10% in other countries as I proved to you before you really don't know what you are talking about
and just spouting platitudes and talking points.

Your kind likely go to church on Sundays believing what your write/think. That what exists is the best of all possible worlds. They always have thusly throughout the long history of humanity.

red herring has nothing to do with anything.

Iow, "Stoopid is a stoopid does" ... (Forrest Gump)
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your projections are getting old.

 

[Moderate Right]

EXAGGERATED WEALTH



No, you've understood nothing.

The rich should not be allowed the privilege of a Money Pump the sole purpose of which is to create Exaggerated Wealth. It is of no Real Benefit to them, and simply assures both Dynasties for some and Lifelong Poverty for others.

Under your tax-regime, nothing changes in 5000 years of human existence on earth; the rich get richer and the poor can go to hell. Which underscores the urgent need of a REAL Social Democracy in America.

Your kind likely go to church on Sundays believing what your write/think. That what exists is the best of all possible worlds. They always have thusly throughout the long history of humanity.

Iow, "Stoopid is a stoopid does" ... (Forrest Gump)
_____________________________________

In America we live in a Democracy. People have the right to do whatever they want with their own money, including the poor who squander it and the rich who hoard it. People come to our country by the droves both legally and illegally because we are the best country on the planet and EVERYONE here has a chance for the American Dream. Many of our poor have become millionaires and even billionaires because that's what the American Dream is. You can live in your socialist state if that is what you want, where the poor stay poor forever because instead of working for something all they do is have their hands out for more, continuing their cycle of poverty, generation after generation. Your ideas will never come to pass here in the US. They are nothing but a fantasy of the jealous. It is you who have understood nothing.

 

[Celebrity]

In America we live in a Democracy. People have the right to do whatever they want with their own money, including the poor who squander it and the rich who hoard it. People come to our country by the droves both legally and illegally because we are the best country on the planet and EVERYONE here has a chance for the American Dream. Many of our poor have become millionaires and even billionaires because that's what the American Dream is. You can live in your socialist state if that is what you want, where the poor stay poor forever because instead of working for something all they do is have their hands out for more, continuing their cycle of poverty, generation after generation. Your ideas will never come to pass here in the US. They are nothing but a fantasy of the jealous. It is you who have understood nothing.

Not really the intent behind social security, to be jealous.

 

[Lafayette]

Some people absolutely must have the last word.

You've had yours. Feel better now ... ?
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[Celebrity]

No one is questioning the fact that the rich make more money and pay more money. However, if we get into corporate restructuring, I will likely be in over my head.

 

[James972]

The rich should not be allowed the privilege of a Money Pump the sole purpose of which is to create Exaggerated Wealth. It is of no Real Benefit to them, and simply assures both Dynasties for some and Lifelong Poverty for others.

Who brainwashed you into thinking it is a zero sum game such that the richer the rich get the poorer the poor get????? Perhaps this is at the heart of your very very mistaking feelings. Did you ever wonder why the poor of today live far better than the poor of 50 years ago? Jobs and Gates got rich by making wealth available to most people on earth not just the rich!! Do you understand?

 

[Celebrity]

Who brainwashed you into thinking it is a zero sum game such that the richer the rich get the poorer the poor get????? Perhaps this is at the heart of your very very mistaking feelings. Did you ever wonder why the poor of today live far better than the poor of 50 years ago? Jobs and Gates got rich by making wealth available to most people on earth not just the rich!! Do you understand?

Are you joking?

Apple, Samsung and Sony face child labour claims - BBC News

 

[Moderate Right]

Are you joking?

Apple, Samsung and Sony face child labour claims - BBC News

Not sure how that responds to Jame's post. It actually doesn't counter it at all. But, if the link is true (liberals please remember a charge is not the same thing as being found guilty), these companies are giving paying jobs to people (and children) who have virtually no jobs and live in poverty far worse than most poor places in the US. Again, your link does not counter Jame's point that the economy is not a zero sum game, and that the US's poor of today have it much better than the poor of 50 years ago. Both Steve Jobs and Bill Gates employ many people in the US at good salaries (my nephew for one) plus give people in the Congo jobs as well where there had been no jobs before.

 

[ksu_aviator]

Illogic I will never get.

Outcomes most certainly determine unfair processes. Your kind could walk away from murder saying "They deserved it!"

Which is most certainly what you must think about Income Disparity in America.

Your narcissistic greed has taken possession of good sense ...
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No...outcomes are not determined solely on the process. Not when there are other factors. A person's success depends on education, attitude, work ethic, natural ability, economy, and so many other things. The process is just one small part of it.

It is fair to say an unfair process will create an unfair outcome. It is not fair to say an unfair outcome is proof of an unfair process.

 

[James972]

Are you joking?

Apple, Samsung and Sony face child labour claims - BBC News

child labor was not our subject but rather, is wealth accumulation a zero sum game. i.e., do the rich prevent the poor from getting rich or richer or less poor. Do you understand now?

 

[James972]

Not sure how that responds to Jame's post. It actually doesn't counter it at all. But, if the link is true (liberals please remember a charge is not the same thing as being found guilty), these companies are giving paying jobs to people (and children) who have virtually no jobs and live in poverty far worse than most poor places in the US. Again, your link does not counter Jame's point that the economy is not a zero sum game, and that the US's poor of today have it much better than the poor of 50 years ago. Both Steve Jobs and Bill Gates employ many people in the US at good salaries (my nephew for one) plus give people in the Congo jobs as well where there had been no jobs before.

yes the libs actually believe that if evil corporations didn't hire children they would be attending Harvard. The realty is that they would be working as scavengers in garbage dumps or in the sex trade.

 

[Celebrity]

child labor was not our subject but rather, is wealth accumulation a zero sum game. i.e., do the rich prevent the poor from getting rich or richer or less poor. Do you understand now?

A pyramid scheme demonstrates the need for wage slaves in the form of capitalizing on a child's disadvantage. Do you understand now?

yes the libs actually believe that if evil corporations didn't hire children they would be attending Harvard. The realty is that they would be working as scavengers in garbage dumps or in the sex trade.

Nope, I think you just made that up. We have a minimum wage here and child labor laws, as well as equal opportunity employment which allows good workers to succeed and prevents fraud and slavery.

 

[James972]

A pyramid scheme demonstrates the need for wage slaves in the form of capitalizing on a child's disadvantage. Do you understand now?
.

no, don't know what you're subject is let alone what point you are trying to make. Care to try again??

 

[Celebrity]

no, don't know what you're subject is let alone what point you are trying to make. Care to try again??

A business which outsources labor to a country which allows child labor and wage slavery does not improve the distribution of wealth in the United States. When our businesses bottom lines exceed the importance of fair trade and child welfare we fail to uphold the American principle of freedom. Paying an employee more than 0 does not justify paying them less than what they deserve. When Apple is facing charges for child labor in a remote industry such as mining, it's possible that we lost track of our original goals through abstraction somewhere in the supply chain. In a business model that permits wages below the minimum here in the US, it is demonstrated that the poor are not living much better off than they were, and nor are the middle class.

Expect Declining Living Standards From Decaying Economic Freedom, Warn Researchers - Hit & Run : Reason.com

Economic freedom is also closely connected with civil liberties. Relatively free countries tend to respect people's autonomy across the board. Authoritarian governments don't confine their predations to any one area of human life. Freedom is a package deal.

So, if the United States is in for economic stagnation because of decayed economic freedom, we should expect that the poor will be hit hardest. We can also assume that other liberties will also suffer at the hands of intrusive officialdom and proliferating rules.

You can attribute this decline to "liberalism" all you want, however putting a floor on wages does not hinder economic growth. Employers who seek to subvert employees in various ways to turn a profit do.

 

[Lafayette]

No...outcomes are not determined solely on the process. Not when there are other factors. A person's success depends on education, attitude, work ethic, natural ability, economy, and so many other things. The process is just one small part of it.

It is fair to say an unfair process will create an unfair outcome. It is not fair to say an unfair outcome is proof of an unfair process.

Hopeless commentary.

M... r... a...
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[James972]

-declining-living-standards.

declining?? China has averaged 8% growth a year for 35 yeas thanks to the switch to Republican capitalism. This is the greatest economic experiment in all of human history and it proves capitalism is heaven sent!! 1+1=2 . Do you understand?

 

[Celebrity]

declining?? China has averaged 8% growth a year for 35 yeas thanks to the switch to Republican capitalism. This is the greatest economic experiment in all of human history and it proves capitalism is heaven sent!! 1+1=2 . Do you understand?

:lamo

Is that what you tell the people who oppose sensible immigration reform? Everything is fine. Yeah, right.

Pointing to another country that is suffering more does not justify declining standards of living in America for people who are not thieves.

 

[Moderate Right]

:lamo

Is that what you tell the people who oppose sensible immigration reform? Everything is fine. Yeah, right.

Pointing to another country that is suffering more does not justify declining standards of living in America for people who are not thieves.

Living standards in America are not declining. Generally speaking, they have been getting better. Money is not a measure of living standards. Things are. Even the poor have microwaves, many have dishwashers, cellphones or smartphones, and big screen televisions with expensive video games. Did they have any of these 50 years ago? No, because their standard of living has improved. This is the standard of living, not cherry picked stats off of websites that show the one percent are getting richer. The middle class's standard of living has also improved. In fact, you could argue that since the rich only spend so much and hoard the rest, that their standard of living has not kept pace with the poor. Warren Buffet still lives in a house he originally bought for $30,000. His standard of living is worse than many in the middle class.

 

[Celebrity]

DID YOU THINK student debt was just for millennials? Think again: Student debt among older Americans has grown from $3 billion to $18 billion in the last eight years, and the percentage of people unable to pay off those loans has more than doubled, from 6 to 12.5 percent, according to the Consumer Financial Protection Bureau. More than a quarter of federal loans owed by borrowers ages 65-74 are in default, and more than half of those held by people 75 or older are in default. In fact, student loan debt is growing fastest among Americans over age 60, according to the Federal Reserve Bank of New York. As a result, many older people postpone retirement, avoid big purchases and scrimp on expenses. Some have their Social Security payments garnished—payments they rely on for basics like mortgages, property tax, rent, medical expenses and food.

http://www.aft.org/sites/default/files/periodicals/oc_fall2015.pdf

Student loans and debt are not the only burdens which have been placed on American citizens and the economy. Purchasing power has declined.

The two income trap has largely hidden this inflation since it now takes two households to accomplish what one income was able to do 75 years ago. On top of that, people now need to go into massive debt just to purchase a home.

Take a look at the cost of a new car as well. In 1938 a worker was able to purchase a new car with one-third of their annual income. Today a new car is more expensive than the annual average income. This is why in 2013 one of the top growing consumer debt sectors was with automobile loans. If things stayed the same, the cost of attending Harvard for one year in 2013 would be closer to $7,000 per year (the current tuition is $54,496 per year). It isn’t only Harvard charging incredibly high tuition around the country. Of course the higher education bubble is one of the most pressing issues around creating a $1.2 trillion student debt market.

Comparing the inflated cost of living today from 1938 to 2013: How the US Dollar has lost incredible purchasing power since 1938.

This isn't chicken little talk about Malthusianism. This is a very real economic trend. You can own a toaster oven and still be $20,000 in debt. Heck, you can run up a line of credit for $40,000 and still have just enough cash on hand to buy a toaster oven at a garage sale for $2. Do you have anything to show for business, or did social welfare pick up where business dropped people off?

 

[James972]

: declining standards of living in America for people who are not thieves.

all agree declining living standards here are caused by inclining liberalism here. If you have an honest bone in your body you will agree that:

1) liberals destroyed the family creating millions of poor single Mom's unsuited for work, equality, or higher living standards


2) liberal unions drove 30 million jobs off shore


3) highest liberals corporate tax rate in world drove 20 million jobs off shore


4) liberal deficits encourage China and Japan to buy our debt rather than our products with their dollars


5) Obamacare prevents businesses from hiring and growing thus recessing 20% of our economy


6) Liberal union war on our schools has destroyed them rendering many of our kids unfit for work and inclining living standards !!


7)) Liberal war on religion has has left many Americans aimless and without drive or ambition and thus inequal and poor.


8) Liberals support minimum wage making it illegal to hire many who then cant achieve equality


9) liberals invited in 20 million illegals to take our jobs thus making equality impossible for 20 million.

 

[Celebrity]

all agree declining living standards here are caused by inclining liberalism here. If you have an honest bone in your body you will agree that:

1) liberals destroyed the family creating millions of poor single Mom's unsuited for work, equality, or higher living standards


2) liberal unions drove 30 million jobs off shore


3) highest liberals corporate tax rate in world drove 20 million jobs off shore


4) liberal deficits encourage China and Japan to buy our debt rather than our products with their dollars


5) Obamacare prevents businesses from hiring and growing thus recessing 20% of our economy


6) Liberal union war on our schools has destroyed them rendering many of our kids unfit for work and inclining living standards !!


7)) Liberal war on religion has has left many Americans aimless and without drive or ambition and thus inequal and poor.


8) Liberals support minimum wage making it illegal to hire many who then cant achieve equality


9) liberals invited in 20 million illegals to take our jobs thus making equality impossible for 20 million.

It seems like what you're saying is that, since liberals wrote the laws, the people who acted in their own interest fell into social welfare safety nets and never left. That's not the fault of liberals, and there's no way you can say it's not the fault of conservatives for the lifestyle choices of individuals who can't tell up from down. Conservatives love to blame liberals, yet conservatives in their present incarnation appear to be very much like socialists. In order for society to work, everyone has to abide by the rules in some pyramid scheme.

By the way, regarding #4, your attribution of the deficit to liberals has been shown to be false in this thread. Attributing foreign policy to liberals is going to take way more proof than a point in a list and attributing the economic actions of a foreign, sovereign nation to a domestic political movement will be tricky, if not impossible.

If I had an honest bone in my body, I would realize that there is neither "liberal war" on schools or on religion. If I had an honest bone in my body I would support an adequate wage, since slave wages should be illegal.

Basically your entire post is full of partisan drama. :dramallama:

 

[ksu_aviator]

Hopeless commentary.

M... r... a...
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Your concession is understood

 

[Lafayette]

Your concession is understood

Then you've not understood what M... r... a... means. :roll:

Moreover, you (singular) are just one more who thinks a debate-forum has only winners and losers. And, of course, you're in the former class.

That it is a medium of opinion-exchange escapes you (plural), which is a shame. But, wholly American in nature.

Moving right along ...
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