Tiberius Posted December 25, 2013 Share Posted December 25, 2013 Hope you are all having a great holiday and enjoying with your families a warm and memorable celebration. Just so no one can read anything into that statement and rip into me for something I supposidly implied for or against a sacred principle or idea, I'll just throw this little topic of discussion out there on Christmas Eve: Should we be worried about the rising inequality of wealth in American society? And if so what is the solution aside from bringing back corporal punishment to schools? Oops, sorry, forget that thing about the spankings, just kidding. It's pretty undeniable the rich are getting much richer and we all know about the real unemployment rate: http://economistsview.typepad.com/economistsview/2007/10/rising-inequali.html "Income-Inequality Gap Widens, by Greg Ip, WSJ: The richest Americans' share of national income has hit a postwar record, surpassing the highs reached in the 1990s bull market... The wealthiest 1% of Americans earned 21.2% of all income in 2005, according to new data from the Internal Revenue Service. That is up sharply from 19% in 2004, and surpasses the previous high of 20.8% set in 2000, at the peak of the previous bull market in stocks. The bottom 50% earned 12.8% of all income, down from 13.4% in 2004 and a bit less than their 13% share in 2000". Link to comment Share on other sites More sharing options...
Koko78 Posted December 25, 2013 Share Posted December 25, 2013 Hope you are all having a great holiday and enjoying with your families a warm and memorable celebration. Merry Christmas! Link to comment Share on other sites More sharing options...
OCinBuffalo Posted December 25, 2013 Share Posted December 25, 2013 (edited) Merry Christmas, and/or whatever holiday you choose to support. As far as wealth inequality goes? Since when is wealth supposed to be equal...in a free society? Wealth is not a right. So speaking in terms of "equality" about wealth is ridiculous. However, I get that your panties get bunched....so...I'll help you out. It's mind numbingly simple: 1. When you put this many people on government benefits, when you implement policies that kill growth(Obamacare, Environtology rather than honest conservation, Dodd Frank), rather than support it, when you have this many people who have quit looking for work, never mind the people we count as unemployed? Wealth inequality "is upon you, whether you would have it or not". Just do the math that determines it, obviously this many people on the dole, compared to 10 years ago, is going to mess with the numbers. It has to. The high earners are still who they are. Their numbers haven't changed, while the lower/middle's have. Absolutely nothing is shocking that 5 years of policies that "create jobs via government" lead to "wealth inequality". 2. The only way to fix this problem is: private sector jobs. Private sector jobs does 3 things that government jobs/benefits cannot. They pay into the system, rather than taking from it. One would think that people who want to spend so much(on the wrong things that don't work)...would be all about making sure as many people were paying into it as possible. Even if you taxed the 1% at 100%, you still don't even come close to getting the revenue necessary to offset the spending. Thus, it's illogical for anyone on the left to support any policy that kills even one private sector job, while still trying to maintain that they are "for the middle class". Anything that kills private sector jobs today must go. We can try and get back to the issues around it some other time. The private sector must be where 80% of the middle class works, for the liberal spending policies to be viable. (EDIT: That is, if you believe that these spending policies are ALSO going to help = things out.) Anything else and you run into a hot mess...such as we have now. More private sector jobs, by definition, leads to more managers of those jobs. More manager jobs leads to more income/upward mobility, and leave the lower jobs vacant as people move up, so that other people can take them. Period. Private sector jobs take people off the dole. Point one is about increasing revenue. This is about reducing cost. And, yeah...about letting people feel like they are worth a damn. The less we spend on everybody, the more we can spend on the people who really need help. And, the more likely we are to identify the lazy a-hole who's laughing while he's using the "safety net" as a hammock. 3. STOP PRINTING MONEY, MORONS! This is killing the wealth of the lower and middle classes. We can have a long, boring, discussion about how/why, but, at the end of it, this will be the conclusion. Stop printing money. Money = cash. The wealthy hold many and various assets, and usually just enough cash to keep the lights on. Assets are inherently valuable. Cash is subject to all sorts of nonsense. Most people's main asset is their house, whose value is determined by? Equity...and equity comes from? You guessed it? Cash. The more you destroy the value of cash, the more you destroy the wealth of the lower/middle class, and the more difficult you make it for them to convert their cash on hand into inherently valuable assets. Example: you kill the value of cash, you kill the value of the mortgage payment that each poor person makes. Thus their wealth is directly compromised. These are just the simple ones. If you really care about "wealth inequality", you will immediately demand that all of this gets done, and that no politician on either side, stand in the way of any of it. Otherwise, you are either a simpleton, or a phony, in which case: who cares if you think wealth inequality is bad? You're not going to be part of the solution to it anyway. Edited December 25, 2013 by OCinBuffalo Link to comment Share on other sites More sharing options...
BringBackFergy Posted December 25, 2013 Share Posted December 25, 2013 Hope you are all having a great holiday and enjoying with your families a warm and memorable celebration. Just so no one can read anything into that statement and rip into me for something I supposidly implied for or against a sacred principle or idea, I'll just throw this little topic of discussion out there on Christmas Eve: Should we be worried about the rising inequality of wealth in American society? And if so what is the solution aside from bringing back corporal punishment to schools? Oops, sorry, forget that thing about the spankings, just kidding. It's pretty undeniable the rich are getting much richer and we all know about the real unemployment rate: http://economistsview.typepad.com/economistsview/2007/10/rising-inequali.html "Income-Inequality Gap Widens, by Greg Ip, WSJ: The richest Americans' share of national income has hit a postwar record, surpassing the highs reached in the 1990s bull market... The wealthiest 1% of Americans earned 21.2% of all income in 2005, according to new data from the Internal Revenue Service. That is up sharply from 19% in 2004, and surpasses the previous high of 20.8% set in 2000, at the peak of the previous bull market in stocks. The bottom 50% earned 12.8% of all income, down from 13.4% in 2004 and a bit less than their 13% share in 2000". I wonder what percentage of tax revenue the wealthiest 1% contribute....those bastards!!! Link to comment Share on other sites More sharing options...
DC Tom Posted December 25, 2013 Share Posted December 25, 2013 Hope you are all having a great holiday and enjoying with your families a warm and memorable celebration. Just so no one can read anything into that statement and rip into me for something I supposidly implied for or against a sacred principle or idea, I'll just throw this little topic of discussion out there on Christmas Eve: Should we be worried about the rising inequality of wealth in American society? And if so what is the solution aside from bringing back corporal punishment to schools? Oops, sorry, forget that thing about the spankings, just kidding. It's pretty undeniable the rich are getting much richer and we all know about the real unemployment rate: http://economistsvie...g-inequali.html "Income-Inequality Gap Widens, by Greg Ip, WSJ: The richest Americans' share of national income has hit a postwar record, surpassing the highs reached in the 1990s bull market... The wealthiest 1% of Americans earned 21.2% of all income in 2005, according to new data from the Internal Revenue Service. That is up sharply from 19% in 2004, and surpasses the previous high of 20.8% set in 2000, at the peak of the previous bull market in stocks. The bottom 50% earned 12.8% of all income, down from 13.4% in 2004 and a bit less than their 13% share in 2000". Do you have any numbers that aren't eight years old? You unbelievable !@#$ing tool. I'm not going to bother wishing you Merry Christmas, as there's no real evidence you're capable of understanding polysyllabic words. Link to comment Share on other sites More sharing options...
Nanker Posted December 25, 2013 Share Posted December 25, 2013 (edited) From "The Great One": To All My Liberal/Socialist/Democrat Friends (as if I had any): Please accept with no obligation, implied or implicit, my best wishes for an environmentally conscious, socially responsible, low-stress, non-addictive, gender-neutral celebration of the winter solstice holiday, practiced within the most enjoyable traditions of the religious persuasion of your choice, or secular practices of your choice, with respect for the religious/secular persuasion and/or traditions of others, or their choice not to practice religious or secular traditions at all. I also wish you a fiscally successful, personally fulfilling and medically uncomplicated recognition of the onset of the generally accepted calendar year 2014, but not without due respect for the calendars of choice of other cultures whose contributions to society have helped make America great. Not to imply that America is necessarily greater than any other country nor the only America in the Western Hemisphere. Also, this wish is made without regard to the race, creed, color, age, physical ability, religious faith or sexual preference of the wishee. To everyone else, Merry Christmas, and best wishes for a Happy, Healthy and Prosperous New Year! Edited December 25, 2013 by Nanker Link to comment Share on other sites More sharing options...
Bronc24 Posted December 25, 2013 Share Posted December 25, 2013 Hope you are all having a great holiday and enjoying with your families a warm and memorable celebration. Just so no one can read anything into that statement and rip into me for something I supposidly implied for or against a sacred principle or idea, I'll just throw this little topic of discussion out there on Christmas Eve: Should we be worried about the rising inequality of wealth in American society? And if so what is the solution aside from bringing back corporal punishment to schools? Oops, sorry, forget that thing about the spankings, just kidding. It's pretty undeniable the rich are getting much richer and we all know about the real unemployment rate: http://economistsview.typepad.com/economistsview/2007/10/rising-inequali.html "Income-Inequality Gap Widens, by Greg Ip, WSJ: The richest Americans' share of national income has hit a postwar record, surpassing the highs reached in the 1990s bull market... The wealthiest 1% of Americans earned 21.2% of all income in 2005, according to new data from the Internal Revenue Service. That is up sharply from 19% in 2004, and surpasses the previous high of 20.8% set in 2000, at the peak of the previous bull market in stocks. The bottom 50% earned 12.8% of all income, down from 13.4% in 2004 and a bit less than their 13% share in 2000". Unbelievable. I click here to leave a Christmas message and you have to throw out this crap. Can't you give being a libtard a rest for just one day? Merry Christmas everyone. Link to comment Share on other sites More sharing options...
BringBackFergy Posted December 25, 2013 Share Posted December 25, 2013 Unbelievable. I click here to leave a Christmas message and you have to throw out this crap. Can't you give being a libtard a rest for just one day? Merry Christmas everyone. I felt so guilty after reading gator's post I scooped up all the gifts for my kids and dropped them off at a housing complex in the city. I feel much better now...just like Alec Baldwin and Tom Cruise probably did. Thanks for opening my eyes to the inequities of my standard of living gator. Even though I am mid-class, it just makes me feel good to know I am in good company. Link to comment Share on other sites More sharing options...
BuffaloBill Posted December 25, 2013 Share Posted December 25, 2013 You guys are priceless....nothing is off limits .... Merry Christmas PPP style Link to comment Share on other sites More sharing options...
Tiberius Posted December 25, 2013 Author Share Posted December 25, 2013 Wow, I was just trying to be nice! I just asked, if you thought it was unimportant, that's all you had to say. Thanks for nice replies from several of you and OCINs thoughtful, though horribly misguided thoughts. OCIN, you want us to be as polluted as China and for those the un-free market leaves behind to just be...well, left behind? Seems like you are arguing that more pollution and more starvation creates jobs or something. Oh, and less money. You know if the Fed stops "printing" money interest rates will rise--as they started to this week--and fewer people buy homes which leads to fewer jobs. 0) Tom, sorry about the old stats, but they hold true to today, or even worse really. Link to comment Share on other sites More sharing options...
DC Tom Posted December 25, 2013 Share Posted December 25, 2013 Wow, I was just trying to be nice! I just asked, if you thought it was unimportant, that's all you had to say. Thanks for nice replies from several of you and OCINs thoughtful, though horribly misguided thoughts. OCIN, you want us to be as polluted as China and for those the un-free market leaves behind to just be...well, left behind? Seems like you are arguing that more pollution and more starvation creates jobs or something. Oh, and less money. You know if the Fed stops "printing" money interest rates will rise--as they started to this week--and fewer people buy homes which leads to fewer jobs. 0) Tom, sorry about the old stats, but they hold true to today, or even worse really. You try to be nice, yet you're such an idiot you even manage to !@#$ that up. If they hold true today, prove it. Link to comment Share on other sites More sharing options...
Tiberius Posted December 25, 2013 Author Share Posted December 25, 2013 You try to be nice, yet you're such an idiot you even manage to !@#$ that up. If they hold true today, prove it. I'm always nice, you are the scrooge, not me. Is that really what you want for Christmas, wealth inequality stats? Link to comment Share on other sites More sharing options...
drinkTHEkoolaid Posted December 25, 2013 Share Posted December 25, 2013 It would be nice if Christians in the middle east could go to church peacefully to celebrate Christmas without the fear of being blown up and murdered by scumbag cowardly muslim jihadists. Why no worldwide outrage? Where are the bleeding heart liberals to protest the slaughter of Christians on Christmas in church? Link to comment Share on other sites More sharing options...
Koko78 Posted December 25, 2013 Share Posted December 25, 2013 It would be nice if Christians in the middle east could go to church peacefully to celebrate Christmas without the fear of being blown up and murdered by scumbag cowardly muslim jihadists. Why no worldwide outrage? Where are the bleeding heart liberals to protest the slaughter of Christians on Christmas in church? They crossed the "red line" to get there? Link to comment Share on other sites More sharing options...
DC Tom Posted December 25, 2013 Share Posted December 25, 2013 I'm always nice, you are the scrooge, not me. Is that really what you want for Christmas, wealth inequality stats? No, what I want for Christmas is for you to not be a complete pinhead. Link to comment Share on other sites More sharing options...
BringBackFergy Posted December 25, 2013 Share Posted December 25, 2013 I'm always nice, you are the scrooge, not me. Is that really what you want for Christmas, wealth inequality stats? So what was your intent in posting this article/stats?? To make me feel envious of the 1% or to make me feel guilty that I work my ass off (as well as my wife) to support our family of five while others are considered "poor"?? I'm not falling victim to the classic liberal trap: create envy and class conflict for the betterment of the lib agenda. Dumbass. Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted December 25, 2013 Share Posted December 25, 2013 There has never been a system that has eliminated inequality or wealth disparity, only systems that either allow that disparity to occur through freedom of personal choice or systems which force that disparity to occur through acts of violence. Link to comment Share on other sites More sharing options...
Tiberius Posted December 25, 2013 Author Share Posted December 25, 2013 So what was your intent in posting this article/stats?? To make me feel envious of the 1% or to make me feel guilty that I work my ass off (as well as my wife) to support our family of five while others are considered "poor"?? I'm not falling victim to the classic liberal trap: create envy and class conflict for the betterment of the lib agenda. Dumbass. Wow, I asked a question to see if people thought it was imporant and you get all upset about it. Sorry you have such a tough job man. Can't believe you called me dumb when you are the idiot that can't understand a simple f'n question. Working too hard? There has never been a system that has eliminated inequality or wealth disparity, only systems that either allow that disparity to occur through freedom of personal choice or systems which force that disparity to occur through acts of violence. Thanks! Now there is a simple no nonesense response. I totally agree that no system has ever eliminated wealth disparity. I personally think measures to lessen it are necessary and I don't want to eliminate the systems we have in place to mitagate wild disparities in wealth--income tax--and I like to think we can increase equality of opportunity, though my solutions would be shouted down here I am sure. Not that I have all the answers. No, what I want for Christmas is for you to not be a complete pinhead. Troll Link to comment Share on other sites More sharing options...
DC Tom Posted December 25, 2013 Share Posted December 25, 2013 Troll You exist only to be mocked. Remember that. Link to comment Share on other sites More sharing options...
BringBackFergy Posted December 26, 2013 Share Posted December 26, 2013 Wow, I asked a question to see if people thought it was imporant and you get all upset about it. Sorry you have such a tough job man. Can't believe you called me dumb when you are the idiot that can't understand a simple f'n question. Working too hard? Yes - working hard trying to comprehend how someone finds disparities in wealth a new concept. It has been a part of every society since the time Jesus walked the earth (if you believe). One of the main lessons taught even then is the idea that we should treat our neighbor as ourselves and to assist even the most underprivileged in our own way. The government should not legislate charity by way of increasing taxes on those who are wealthy...rather, it should be left to the individual to decide how best to distribute wealth (ie maybe by buying the Christmas stolen for the older lady ahead of you at the bakery or sending $500 to the church down the street for their fuel oil purchases this winter without asking for any notice in the bulletin). We all acknowledge some are less wealthy, and those who are far wealthier than you or me contribute privately to assist those who are needy. Sorry to call you a dumbass - but introducing this topic without admitting that many of us already support the "less fortunate" is a lapse in judgment in my opinion. Link to comment Share on other sites More sharing options...
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