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Thread: Inequality Troubles Americans Across Party Lines, Times/CBS Poll Finds

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    Re: Inequality Troubles Americans Across Party Lines, Times/CBS Poll Finds

    Quote Originally Posted by MTAtech View Post
    You and the WSJ editorial believe these the lucky duckies who have the great good fortune because they're, um, so poor, that they pay no federal income taxes and are eligible for the safety net programs. If you disagree, quit your job and give away all of your assets so that you can live on "easy street."
    No, I'd rather be a free man than become dependent on government handouts.
    I understand that the right needs to establish a false narrative that paints these programs as over-generous because they have always hated these programs and have always fought to shut them down. So, saying that life is so easy living on SNAP and Medicaid is convenient. It's just not true.
    None of these programs are sustainable over the long term and once the people get dependent on the government its qite likely they will stay that way. There will be a day when $1 trillion dollars of debt each year grows from $18 trillion to $25 trillion to $100 trillion. Is that the plan?
    What we see in practice, however, is that European countries with relatively low inequality of market income do much more redistribution than the United States, with its high inequality, and that as America has gotten more unequal, its tax and transfer system has grown less, not more redistributive.
    Europe is also unsustainable, with demographics being only part of the problem. When government programs become the most important aspect of your life then you may want to have a rethink of what you're doing with it.
    In particular, imagine yourself as a media consultant for the conservatives in the top 0.01%. What would you do in an effort to stop the median voter from realizing that they would benefit from a more European-style system? Well, you'd do everything you can to exaggerate the social safety net and minimize the benefit of higher taxes on society, while trying to convince middle-income voters that the benefits of government programs go to other people.
    I'm not a jealous man and don't begrudge anyone their wealth. It doesn't effect me one way or the other and is just too petty to consider.

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    Re: Inequality Troubles Americans Across Party Lines, Times/CBS Poll Finds

    Quote Originally Posted by imagep View Post
    Progressive taxation has nothing to do with harming others, it has everything to do with having a good economy. Unfortunately few on the right or the left understand this,
    Everyone who pays taxes understands progressive taxation, though it was never mentioned in my post.

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    Re: Inequality Troubles Americans Across Party Lines, Times/CBS Poll Finds

    Quote Originally Posted by Fruityfact View Post
    It makes sense though. Who spends more % of the money they earn? Hint, it ain't rich people.
    Thus money velocity will come from the hands of the poor, as opposed to the rich, who have a lower propensity to spend.
    If the rich "have a lower propensity to spend" shouldn't that send a message to the poor?

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    Re: Inequality Troubles Americans Across Party Lines, Times/CBS Poll Finds

    Quote Originally Posted by avery45 View Post
    Of the 500 richest people in the world approx 273 are first gen. Most American corporations today started as a small business. So it depends if they think they can.
    It seems that many believe the poor will always remain poor and that is their destiny. In fact people from poorer fanilied have worked their way up in life, at least to middle class, and some have gone up to be President. A photo may show poverty ate a moment but time moves along and so do people.

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    Re: Inequality Troubles Americans Across Party Lines, Times/CBS Poll Finds

    Quote Originally Posted by distraff View Post
    All you have shown is that a few people can become rich. I am asking if every single person can become rich together.
    No, because the bar is always being moved.

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    Re: Inequality Troubles Americans Across Party Lines, Times/CBS Poll Finds

    Quote Originally Posted by chromium View Post
    Pretty much confirms that republicans vote against their own interests. Dem candidates at least pay lip service to fixing inequality. They do little about it, but the repub candidates and voters seem to be in complete fantasy land. I mean if government won't do anything about it, who else will, the corporate overlords? Maybe the fairy godmother?
    How can one say such nonsense with HRC, the demorat front running candidate for POTUS, making 5X what the median US family makes annually for giving a one hour speech? It is one thing to talk, in very general terms, about government solutions to the problem of income inequality and quite another to state exactly what that government solution actually is. Perhaps you could tell us how a CEO is evil and greedy for making a huge amount more than their typical worker but it is fine and dandy for HRC to do so?
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Inequality Troubles Americans Across Party Lines, Times/CBS Poll Finds

    Quote Originally Posted by avery45 View Post
    I was expecting the Illuminati or Bildeburg. Corporations wish everyone was rich, then everyone could afford their product.
    Oy vey... If everyone is rich, who works for corporations?
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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    Re: Inequality Troubles Americans Across Party Lines, Times/CBS Poll Finds

    Quote Originally Posted by ttwtt78640 View Post
    How can one say such nonsense with HRC, the demorat front running candidate for POTUS, making 5X what the median US family makes annually for giving a one hour speech? It is one thing to talk, in very general terms, about government solutions to the problem of income inequality and quite another to state exactly what that government solution actually is. Perhaps you could tell us how a CEO is evil and greedy for making a huge amount more than their typical worker but it is fine and dandy for HRC to do so?
    Pay lip service might mean they have some faint idea of what the bottom 99% deal with on a daily basis, as opposed to say the recent repub nominees, who don't know how many houses they own and consider 'rich' to begin at $5 million

    My point is that without understanding, nothing can begin to be done to reverse wealth inequality. Hillary has no intention of doing so, even if she understands it somewhat, i'm well aware of that.

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    Re: Inequality Troubles Americans Across Party Lines, Times/CBS Poll Finds

    Quote Originally Posted by Grant View Post
    If the rich "have a lower propensity to spend" shouldn't that send a message to the poor?
    You must be joking. The poor spend a higher percentage of their income because that's what's necessary to pay for essentials. The rich have enough extra income to save most of it.
    "I never meant to say that the Conservatives are generally stupid. I meant to say that stupid people are generally Conservative. I believe that is so obviously and universally admitted a principle that I hardly think any gentleman will deny it." --J.S. Mill

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    Re: Inequality Troubles Americans Across Party Lines, Times/CBS Poll Finds

    Quote Originally Posted by ttwtt78640 View Post
    How can one say such nonsense with HRC, the demorat front running candidate for POTUS, making 5X what the median US family makes annually for giving a one hour speech? It is one thing to talk, in very general terms, about government solutions to the problem of income inequality and quite another to state exactly what that government solution actually is. Perhaps you could tell us how a CEO is evil and greedy for making a huge amount more than their typical worker but it is fine and dandy for HRC to do so?
    Nobody is saying CEOs are greedy. We're just saying they should pay a higher tax rate.

    As for HRC, hypocrisy is not supporting positions contrary to your own personal interests. That's the definition of civic virtue. HRC supports raising taxes on her income class for the good of the country.
    Last edited by MTAtech; 06-15-15 at 06:24 AM.
    "I never meant to say that the Conservatives are generally stupid. I meant to say that stupid people are generally Conservative. I believe that is so obviously and universally admitted a principle that I hardly think any gentleman will deny it." --J.S. Mill

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