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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 mac View Post
    You'd have a point if at anytime since the US's establishment of govt welfare programs the average gdp PER CAPITA, PPP, average wage or wealth were lower than in the European welfare states for any length of time. This is not the case.
    I see you've returned to your fantasy that the US has the highest per capita GDP
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    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
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    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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

    Quote Originally Posted by sangha View Post
    I see you've returned to your fantasy that the US has the highest per capita GDP
    I see, we're going to play the dishonesty game again.

    Good day, sangha.
    ”People willing to trade their freedom for temporary security deserve neither and will lose both.” --- Ben Franklin

    Quote Originally Posted by The German View Post
    Sterotypes are mostly based on truths.

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

    Quote Originally Posted by chromium View Post
    LOL yeah right, the CEO earned 6000 times what the minions in his work force earned, all while driving his company down the toilet. You have a funny definition of earned.

    The example i gave above is fitting here. The dominoes pizza stock dropped 25% while dave brandon was CEO, since he left going up tenfold. Now i suppose after alienating everyone at his next gig, sending 3 am emails telling customers "quit drinking and go to bed" "find a new wife" "find another place to shop" you believe he EARNED his new $15 million a year as toys r us exec?

    Or how about those wall street execs who destroyed the entire financial system and came begging uncle sam for a bailout? Yeah, they sure earned those huge bonuses. Cat's out of the bag. Our economy is a sham
    Bad stories about bad CEO's......yeah, so what

    Like there isn't bad employees at every level?

    You all have this envy/jealousy thing going for rich people

    So sad.....maybe you need to look into a mirror and see why that is
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

    Ralph Waldo Emerson

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

    Quote Originally Posted by mac View Post
    The problem that many have here is not understanding the fluidity of class in the US. While the top 1% may have growing wealth, the membership of the top 1% changes. The top 1% are not a fixed group....people move in and out. Further, it doesn't really matter that ther is a growing wealth gap even if the top 1% were a fixed group of people. What would matter is whether the lower 99% have enough to survive. When a growing percentage of them can't survive, that would be of concern. The simple fact that the rich have more does not mean the poor are getting poorer. No-one could make the argument that the average US person's quality of life is worse because someone else got rich.
    Lets talk about fluidity. First, most of the evidence suggests that social mobility has declined drastically as income inequality has risen. The source below is amateur but they use strong sources. I can provide more if you like.
    News Coverage of Economic Immobility: Free of Historical Context | shouting loudly

    In fact social mobility is lower in the US than it is in Europe. Politifact rated it as "Mostly True." Historically the reverse has been true. The US usually had better social mobility than Europe.
    http://www.politifact.com/punditfact...-dream-europe/

    So even the life raft of your argument, social mobility, is itself sinking. Maybe social mobility is raising income inequality, or maybe income inequality is lowering social mobility, or maybe something else if affecting both of them, but I suspect social mobility and income inequality are linked.

    We need a solution that reduces income inequality and increases social mobility.

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

    Quote Originally Posted by distraff View Post
    Lets talk about fluidity. First, most of the evidence suggests that social mobility has declined drastically as income inequality has risen. The source below is amateur but they use strong sources. I can provide more if you like.
    News Coverage of Economic Immobility: Free of Historical Context | shouting loudly

    In fact social mobility is lower in the US than it is in Europe. Politifact rated it as "Mostly True." Historically the reverse has been true. The US usually had better social mobility than Europe.
    Is it easier to obtain the American Dream in Europe? | PunditFact

    So even the life raft of your argument, social mobility, is itself sinking. Maybe social mobility is raising income inequality, or maybe income inequality is lowering social mobility, or maybe something else if affecting both of them, but I suspect social mobility and income inequality are linked.

    We need a solution that reduces income inequality and increases social mobility.

    Income inequality is irrelevant. That there are rich people out there does not cause or maintain poverty.


    Income inequality and the myth of the 1% and the 99% - Fortune

    "PSID data show that by age 60:

    – 70% of the population will have experienced at least one year within the top 20th percentile of income;

    – 53% of the population will have experienced at least one year within the top 10th percentile of income; and

    – 11.1% of the population will have found themselves in the much-maligned 1% of earners for at least one year of their lives.

    At the same time, it’s much more rare for a person to reach the top 1% and stay there. According to PSID data, only 0.6% of the population will experience 10 consecutive years in the top 1% of earners."
    ”People willing to trade their freedom for temporary security deserve neither and will lose both.” --- Ben Franklin

    Quote Originally Posted by The German View Post
    Sterotypes are mostly based on truths.

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

    Quote Originally Posted by mac View Post
    Income inequality is irrelevant. That there are rich people out there does not cause or maintain poverty.


    Income inequality and the myth of the 1% and the 99% - Fortune

    "PSID data show that by age 60:

    – 70% of the population will have experienced at least one year within the top 20th percentile of income;

    – 53% of the population will have experienced at least one year within the top 10th percentile of income; and

    – 11.1% of the population will have found themselves in the much-maligned 1% of earners for at least one year of their lives.

    At the same time, it’s much more rare for a person to reach the top 1% and stay there. According to PSID data, only 0.6% of the population will experience 10 consecutive years in the top 1% of earners."
    Its amazing, how far our expectations have fallen. People used to expect that the American dream is a lifetime thing. You are making it sound like a one-year ticket. How is spending one year in the top 1% better than rising incomes for all income groups? Right now social mobility is falling so fewer and fewer people will ever see a lot of the new growth.

    The problem is that income mobility while allowing more people to get into the top 1% will also result in people leaving it as well and falling back into the stagnating middle class. It goes both ways. So some people benefit from social mobility and some people get hurt.

    Social mobility is not a replacement of real prosperity. It is simply a shuffling around. Little real improvement has really happened.

    Since the recovery, 95% of new economic growth went to the top 1%. Incomes for the top 1% grew by 30%. Incomes for the middle class has stagnated at a .4% growth. No wonder nobody feels like there has been any recovery. While most people in both parties are looking for ways to boost income growth for the 1% you are just sitting here hoping that your 1 year ticket in the 1% for 10% of people will be satisfactory. Problem is that most people remember the times when you didn't have to get rich to get a piece of the American dream.
    One percent recovery: 95 percent of gains have gone to the top one percent.

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

    Quote Originally Posted by avery45 View Post
    Why should I care about the gap?
    Because those that are privileged and powerful and have the means to more heavily influence the government put themselves in a protected position from small competitors and heavily skew the competitive field.

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

    I do think it's hilarious that Republicans recognize wealth inequality is a problem but are clueless when it comes to ideas to fix it.
    Quote Originally Posted by reinoe View Post
    Blacks aren't committing more crime. That's the point. They use drugs at similar rates yet they get harsher sentences and more convictions.
    Quote Originally Posted by CalGun View Post
    I disagree. Just because their drug usage may be no different does not mean their propensity to commit crime is the same or equal.

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

    Quote Originally Posted by distraff View Post
    Its amazing, how far our expectations have fallen. People used to expect that the American dream is a lifetime thing. You are making it sound like a one-year ticket. How is spending one year in the top 1% better than rising incomes for all income groups? Right now social mobility is falling so fewer and fewer people will ever see a lot of the new growth.
    It's amazing how much they've grown. Our poorest are richer than 68% of the world.

    The problem is that income mobility while allowing more people to get into the top 1% will also result in people leaving it as well and falling back into the stagnating middle class. It goes both ways. So some people benefit from social mobility and some people get hurt.
    Stagnating middle class? So, in reality....you're complaint is that you're not in the 1%...not that the 1% is bad.

    Social mobility is not a replacement of real prosperity. It is simply a shuffling around. Little real improvement has really happened.

    Since the recovery, 95% of new economic growth went to the top 1%. Incomes for the top 1% grew by 30%. Incomes for the middle class has stagnated at a .4% growth. No wonder nobody feels like there has been any recovery. While most people in both parties are looking for ways to boost income growth for the 1% you are just sitting here hoping that your 1 year ticket in the 1% for 10% of people will be satisfactory. Problem is that most people remember the times when you didn't have to get rich to get a piece of the American dream.
    One percent recovery: 95 percent of gains have gone to the top one percent.
    And yet our country has higher wages, higher PPP, higher disposable income than most of the world. How unfair.
    ”People willing to trade their freedom for temporary security deserve neither and will lose both.” --- Ben Franklin

    Quote Originally Posted by The German View Post
    Sterotypes are mostly based on truths.

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

    Quote Originally Posted by reinoe View Post
    I do think it's hilarious that Republicans recognize wealth inequality is a problem but are clueless when it comes to ideas to fix it.
    They're not clueless how to fix it. Create job growth, not handouts. Done.
    ”People willing to trade their freedom for temporary security deserve neither and will lose both.” --- Ben Franklin

    Quote Originally Posted by The German View Post
    Sterotypes are mostly based on truths.

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