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Thread: The 1% will own more than the 99% by 2016, report says

  1. #351
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by TurtleDude View Post
    there is more wealth available than stealing stuff from those who are more talented or intelligent than you are

    the zero sum nonsense of the income redistributionist left is hilarious

    you probably blame the valedictorian of you HS class from preventing you from getting A grade



    t
    I think it is so pathetic that Ivy League colleges produce students who believe wealth and the issuance of grades are analogous.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Gimmesometruth View Post
    You are still avoiding the argument, a finite amount of wealth exists, and if a group has captured an ever growing share, there is no escaping the fact that less remains for the other 99%.
    There is enough wealth out there for you to participate but what is preventing you is you and not a rich person. The pie continues to grow and if you continue to sit on your ass, don't blame someone else for getting a bigger share of that pie. You and others have continued to tout the Obama economy, that is a growing pie, why aren't you getting your share?

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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Gimmesometruth View Post
    You are still avoiding the argument, a finite amount of wealth exists, and if a group has captured an ever growing share, there is no escaping the fact that less remains for the other 99%.
    a finite amount of wealth? maybe so but we are no where near reaching that limit. its an excuse the parasite or redistributionist left uses to take from others



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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by TurtleDude View Post
    there is more wealth available than stealing stuff from those who are more talented or intelligent than you are

    the zero sum nonsense of the income redistributionist left is hilarious

    There is a zero sum element in the economy, and you can see it in all the figures of wealth and income. And obviously economic growth means the pie itself gets bigger. It's not an either/or question.

    But it's no accident or random occurrence that as income and wealth for the top has skyrocketed, income and wealth at the middle and below has stagnated, for decades. The growth from productivity gains that used to fuel higher wages across the board have gone mostly to the top slivers. So the pie IS getting bigger, but the share of the pie controlled by the wealthy is also growing. It's just what the numbers say any way you want to parse them.

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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Gimmesometruth View Post
    I think it is so pathetic that Ivy League colleges produce students who believe wealth and the issuance of grades are analogous.
    competition is competition. you want to blame those who achieve for your lack of achievement

    me becoming more wealthy by investing wisely and not spending stupidly does not impact your ability to become more wealthy and thus you blaming me for your lack of financial success is pathetic



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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Conservative View Post
    There is enough wealth out there for you to participate but what is preventing you is you and not a rich person. The pie continues to grow and if you continue to sit on your ass, don't blame someone else for getting a bigger share of that pie. You and others have continued to tout the Obama economy, that is a growing pie, why aren't you getting your share?
    Again, I am not surprised that the history of US wage gains since 1973 have passed you by. Not once have I seen one iota of acknowledgement of such basic facts.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  7. #357
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by JasperL View Post
    There is a zero sum element in the economy, and you can see it in all the figures of wealth and income. And obviously economic growth means the pie itself gets bigger. It's not an either/or question.

    But it's no accident or random occurrence that as income and wealth for the top has skyrocketed, income and wealth at the middle and below has stagnated, for decades. The growth from productivity gains that used to fuel higher wages across the board have gone mostly to the top slivers. So the pie IS getting bigger, but the share of the pie controlled by the wealthy is also growing. It's just what the numbers say any way you want to parse them.

    as long as investment produces income, those who don't spend more than they make will get richer



  8. #358
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by JasperL View Post
    There is a zero sum element in the economy, and you can see it in all the figures of wealth and income. And obviously economic growth means the pie itself gets bigger. It's not an either/or question.

    But it's no accident or random occurrence that as income and wealth for the top has skyrocketed, income and wealth at the middle and below has stagnated, for decades. The growth from productivity gains that used to fuel higher wages across the board have gone mostly to the top slivers. So the pie IS getting bigger, but the share of the pie controlled by the wealthy is also growing. It's just what the numbers say any way you want to parse them.
    Do you always blame someone else because you aren't getting your share? Why do you think more income is going to the top earners? I asked you how a rich person prevented you from joining them and you dodged the question, why?

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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by TurtleDude View Post
    competition is competition. you want to blame those who achieve for your lack of achievement

    me becoming more wealthy by investing wisely and not spending stupidly does not impact your ability to become more wealthy and thus you blaming me for your lack of financial success is pathetic
    Poor turtle, every time basic understanding of concepts like "finite" befuddles you, you get so upset and it becomes personal.

    Here, let me buy you a round.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  10. #360
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Gimmesometruth View Post
    Again, I am not surprised that the history of US wage gains since 1973 have passed you by. Not once have I seen one iota of acknowledgement of such basic facts.
    Funny, they never passed me by because I went out and grabbed my share and grew my income by becoming very marketable and being the best at what I did. you don't seem to understand the concept and want the govt. to redistribute to you what I have earned. How typically liberal you are. This is called the decline of America when we have more people with your attitude

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