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

  1. #361
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by TurtleDude View Post
    as long as investment produces income, those who don't spend more than they make will get richer
    I love truisms.
    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 Conservative View Post
    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
    You have not shown one iota of understanding the most basic history of US workers, all you have are personal anecdotes.
    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 TurtleDude View Post
    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
    It's interesting you'd use the term "parasites" for a lot of people, millions of them, who used to have good jobs in manufacturing but have seen them disappear and replaced by low wage service jobs. And that's just one very large group, with other groups no more guilty of being parasites than they are. And it's the economy of the last 40 years that's been "redistributionist" with wage gains that used to be shared across the income scales now going almost entirely to the top - wealth and income has been redistributed upwards.

    I wouldn't think anyone would find it surprising that some below the top levels are pushing for a redistribution back down to the lower levels.

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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 love truisms.
    I love economically unsuccessful people pretending they know more about economic success than us successful people



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

    Quote Originally Posted by JasperL View Post
    It's interesting you'd use the term "parasites" for a lot of people, millions of them, who used to have good jobs in manufacturing but have seen them disappear and replaced by low wage service jobs. And that's just one very large group, with other groups no more guilty of being parasites than they are. And it's the economy of the last 40 years that's been "redistributionist" with wage gains that used to be shared across the income scales now going almost entirely to the top - wealth and income has been redistributed upwards.

    I wouldn't think anyone would find it surprising that some below the top levels are pushing for a redistribution back down to the lower levels.
    it isn't our fault that global labor markets mean someone with an IQ of 85 and a 8th grade education cannot get 40 dollars an hour on a production line when someone with an IQ of 105 and a 12th grade eduction in India is willing to do the same job for 10 dollars an hour



  6. #366
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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 have not shown one iota of understanding the most basic history of US workers, all you have are personal anecdotes.
    I understand my history and I was a U.S. worker. You and other liberals seem to claim that I am not that smart and yet I did quite well for myself and my family who would disagree with you. If I can do it, certainly someone with your superior intelligence can do it, what are you waiting for?

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

    Quote Originally Posted by Conservative View Post
    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?
    It's not relevant to the discussion, but I'm doing fine and haven't complained at all about my financial situation.

    Why? Many reasons, but among them is we've offshored jobs that produce actual wealth - making things - and substituted those jobs with crap low value added service jobs. We call that 'free trade' to pit U.S. workers and plants against third world locations that don't meet even minimal environmental or working condition standards, then allow those goods to be imported here tariff free. The result is predictable.

    For the record, asking how a rich person prevented me from joining them misses the point. Not everyone can be above average, and what we're talking about is the economy as a whole, not my place in it. And the fact is the rules of the game established by 'the rich' guaranteed that U.S. workers, as a group, lost. U.S. workers cannot compete with plants that allow pollution in China so thick you can't see a quarter mile on 'clear' days. So they shut down here, threw millions of hard workers out of a good job making things of real value, replaced by stocking shelves in Walmart.

  8. #368
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Conservative View Post
    I understand my history and I was a U.S. worker. You and other liberals seem to claim that I am not that smart and yet I did quite well for myself and my family who would disagree with you. If I can do it, certainly someone with your superior intelligence can do it, what are you waiting for?
    Therein lies your problem--you are too quick to try to personalize discussions when anecdotal nonsense is just nonsense in relation to the subject at hand. I don't see you as not smart--I see you as stubborn when there is no reason for stubbornness. Regardless,. congratulations on having done quite well for yourself. Other people, however, may have other priorities and motives than what you assume they do or should have.

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

    Quote Originally Posted by TurtleDude View Post
    it isn't our fault that global labor markets mean someone with an IQ of 85 and a 8th grade education cannot get 40 dollars an hour on a production line when someone with an IQ of 105 and a 12th grade eduction in India is willing to do the same job for 10 dollars an hour
    Since when is it U.S. policy to encourage that? It's part of the point - "free trade" serves the interests of the global behemoths quite well, and we've expanded it over the years, to the obvious detriment of the average American. So why is "free trade" our policy choice when it causes average workers of all kinds of IQ and education decades of stagnating income? It's a change in the rules that guarantee U.S. workers lose.

    And nice of you to insult U.S. workers. You think they're all stupid? Can't you at least try to hide your contempt a little bit?

  10. #370
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Conservative View Post
    I understand my history and I was a U.S. worker. You and other liberals seem to claim that I am not that smart and yet I did quite well for myself and my family who would disagree with you. If I can do it, certainly someone with your superior intelligence can do it, what are you waiting for?
    Who says I haven't?

    Instead of insisting on the personal, try showing you have this claimed understanding of US wage growth since 1973.
    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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