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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 distraff View Post
    Yes that will keep you out of poverty. However even middle class wages have stagnated. Historic wage increases for the middle class are over. Most economic growth goes to the rich.
    The Democracies have increased taxes enormously but instead of calling them taxes they are calling it debt, and that debt (or tax) will be carried on to the next generation. Good for the politicians, bad for the future of the country. Now the economy is stagnating and this easy to read article explains why. National Debt Tops $18 Trillion: Guess How Much You Owe? - Forbes

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

    Quote Originally Posted by Grant View Post
    The Democracies have increased taxes enormously but instead of calling them taxes they are calling it debt, and that debt (or tax) will be carried on to the next generation. Good for the politicians, bad for the future of the country. Now the economy is stagnating and this easy to read article explains why. National Debt Tops $18 Trillion: Guess How Much You Owe? - Forbes
    We have been passing on federal debt from generation to generation for over two hundred years. We will continue to do so for another two hundred years or more. The debt never has to actually be paid back, it can just keep rolling over.
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    ...I'm not interested in debating someone who is trolling for an argument....
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    I see a big problem with the idea that whatever the majority wants is OK.

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

    Quote Originally Posted by imagep View Post
    We have been passing on federal debt from generation to generation for over two hundred years. We will continue to do so for another two hundred years or more. The debt never has to actually be paid back, it can just keep rolling over.
    That's a very optimistic point of view. The US government can spend $1 trillion more than it takes in in revenue and just continue to 'roll it over'? What could possibly go wrong?

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

    Quote Originally Posted by distraff View Post
    Yes that will keep you out of poverty. However even middle class wages have stagnated. Historic wage increases for the middle class are over. Most economic growth goes to the rich.
    You are absolutely right. But how is the rich making less money going to help?

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

    Quote Originally Posted by Hatuey View Post
    Oy vey... If everyone is rich, who works for corporations?
    Robots.

    Well, to be clear, programmable automated machines, although we might see forms of AI in the next few decades (sooner?)
    Education.

    Sometimes I think we're alone. Sometimes I think we're not. In either case, the thought is staggering. ~ R. Buckminster Fuller

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

    The only places where income equality exists are the same places that millions die of starvation.


    Competition and winners/losers actually makes things better for everyone....even the losers. Look at how many ****ing losers we have in the US sucking on the taxpayer tit. Our poverty welfare turds live better lives than most people in the rest of the world.
    "Opportunity does not come knocking. It is usually running down the street, you have to chase and tackle it." - Sheriff David Clarke, Milwaukee County.

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

    Quote Originally Posted by WSUwarrior View Post
    The only places where income equality exists are the same places that millions die of starvation.


    Competition and winners/losers actually makes things better for everyone....even the losers. Look at how many ****ing losers we have in the US sucking on the taxpayer tit. Our poverty welfare turds live better lives than most people in the rest of the world.
    From some things I have read, the world is moving towards less work for everyone to do, not more....robotic/mechanized/automated ways to do lots of stuff people do now is being worked on as we speak.

    Hell, we already have self-checkout systems at some large stores, that's the cashier job gone (or reduced in number at least).

    It might be that in time we simply won't have enough jobs for everyone (is this already the case?) to be working, even if they are capable/willing.
    Education.

    Sometimes I think we're alone. Sometimes I think we're not. In either case, the thought is staggering. ~ R. Buckminster Fuller

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

    Quote Originally Posted by avery45 View Post
    You are absolutely right. But how is the rich making less money going to help?
    And the rich can easily move their money. Thinking long term about their finances is often what made them rich to begin with.

    It seems there are many who should read the financial news rather then the political tracts.

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

    Quote Originally Posted by The Mark View Post
    From some things I have read, the world is moving towards less work for everyone to do, not more....robotic/mechanized/automated ways to do lots of stuff people do now is being worked on as we speak.

    Hell, we already have self-checkout systems at some large stores, that's the cashier job gone (or reduced in number at least).

    It might be that in time we simply won't have enough jobs for everyone (is this already the case?) to be working, even if they are capable/willing.
    Expecting $15 an hour for flipping burgers just screams out for automation.

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

    Quote Originally Posted by avery45 View Post
    You are absolutely right. But how is the rich making less money going to help?
    In the 1950s and 1960s when companies earned new profits these profits were distributed more evenly between the workers and the top executives. Today most new profits go to the rich executives. The solution is to make companies that do the latter pay a higher corporate tax to encourage paying the middle class more when the economy growths.

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