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Thread: Census finds record gap between rich and poor

  1. #521
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by apdst View Post
    Out here in the real, capitalist world, someone is going to come along and compete with that one dude that owns all the wealth and leave the $600 dollar folks with $650 in their pockets at the end of the year. The first guy will have to either match, or surpass that, or close the doors. It's called, "competition".

    The, "community model", that you laid out isn't ok, nor is it ok for the wealth of that one person to be transfered to the government. As it satands, now, there are laws that protect the consumer from big business, but there are no laws that protect the consumer from the government. Ask yourself: what $600 shmeaux, has the resources to take on the government? Who can, "compete", with the government, when the government writes the rule book and has infinite resources? Think about that.
    So this past year, the economy made money, but the average joe making less than 500k is worth less than he was last year. Are you denying that? It is happening. The guy competing against the other guy is still competing for our money.

    Now, I'm not sure what big government has to do with the gap between the rich and poor increasing. But you've made your opinion clear and I thank you.
    and so it goes...

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by JakeFromWI View Post
    So this past year, the economy made money, but the average joe making less than 500k is worth less than he was last year. Are you denying that? It is happening. The guy competing against the other guy is still competing for our money.

    Now, I'm not sure what big government has to do with the gap between the rich and poor increasing. But you've made your opinion clear and I thank you.
    What with governmental policies killing job growth and the super rich being able to absorb it easier, the government has created the gap between rich and poor.

    The, "poor man's party", has no reason to make more poor people into rich people. The poor man's party depends on the poor man to vote them into power. More poor people = more votes for the poor man's party.

    People aren't worth less now, because retailers took their money. They're worth less now, because the government is killing the job market with it's legislation.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  3. #523
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by apdst View Post
    What with governmental policies killing job growth and the super rich being able to absorb it easier, the government has created the gap between rich and poor.

    The, "poor man's party", has no reason to make more poor people into rich people. The poor man's party depends on the poor man to vote them into power. More poor people = more votes for the poor man's party.

    People aren't worth less now, because retailers took their money. They're worth less now, because the government is killing the job market with it's legislation.
    Wall Street is doing great because America is not hiring. Or America is not hiring so Wall Street will do great.

    Corporate America's bottom line is that - the bottom line. How to increase profit margins for those who own the business. Sometimes that means cutting jobs. Big government what?

    Factories close because of labor unions and taxes is the vibe I'm getting here. They cut jobs because of growing health care costs. Because of growing shipping costs and environmental regulations.

    They all have one thing in common - they eat into the profit margin. American workers are expensive. How come no one can just admit they are greedy. It is nobody's fault but those responsible for hiring.

    We had a lower unemployment rate in 1960 (5.5%) when the government controlled rail, truck and shipping routes. When it regulated the price of natural gas and stockbrokers' commissions. It regulated the interest rates that could be paid on checking accounts. It told most farmers how much they could grow of what commodity. It regulated what kind of political and religious comment could be expressed on the airwaves. And selective service was still not quite selective.

    That sounds like big government.

    Unemployment was 5.5%
    and so it goes...

  4. #524
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by apdst View Post
    However, it is a good time to allow tax breaks to corporations to remain in place, so all those poor people can go back to work.
    Tax cuts don't create jobs... Demand in the economy creates jobs

  5. #525
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Phoenix View Post
    The rich will keep getting richer because they keep doing the things that make them rich.
    The poor will continue to get poorer because, well, they keep doing the things that make them poor.
    No, the rich get richer and the poor get poorer because we have created/allowed trade, regulatory, tax and consumer protection policies to favor the haves at the expense of the have nots

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by SheWolf View Post
    Tax cuts don't create jobs... Demand in the economy creates jobs
    Glad to see people who actually understand fundamental economic theory....

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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by SheWolf View Post
    Tax cuts don't create jobs... Demand in the economy creates jobs
    tax hikes are even less effective in creating jobs (except perhaps for government employees)



  8. #528
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by upsideguy View Post
    No, the rich get richer and the poor get poorer because we have created/allowed trade, regulatory, tax and consumer protection policies to favor the haves at the expense of the have nots
    nature favors the talented and the ambitious over the slow witted and the untalented. any society that favors the unproductive and the lazy over hard workers and the intelligent is doomed to fail



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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by JakeFromWI View Post
    Wall Street is doing great because America is not hiring. Or America is not hiring so Wall Street will do great.

    Corporate America's bottom line is that - the bottom line. How to increase profit margins for those who own the business. Sometimes that means cutting jobs. Big government what?

    Factories close because of labor unions and taxes is the vibe I'm getting here. They cut jobs because of growing health care costs. Because of growing shipping costs and environmental regulations.

    They all have one thing in common - they eat into the profit margin. American workers are expensive. How come no one can just admit they are greedy. It is nobody's fault but those responsible for hiring.

    We had a lower unemployment rate in 1960 (5.5%) when the government controlled rail, truck and shipping routes. When it regulated the price of natural gas and stockbrokers' commissions. It regulated the interest rates that could be paid on checking accounts. It told most farmers how much they could grow of what commodity.
    I'm not sure why you think Wall Street is doing great. Stocks are still in the tank and the outlook is not exactly champagne & caviar.

    Labor unions, taxes and regulations eat into the profit margin. In other words, they eat into the job market. That doesn't mean those responsible for hiring are greedy. Their job is to help make sure the company makes money, otherwise everybody will lose their job because the company will go out of business, unless, of course, you have friends in Washington who will bail you out when you run your business stupidly.

    We also had a lower unemployment rate (4.6%) when Democrats took control of congress back in 2007.
    U.S. Unemployment Rate at 4.6% in 2006

  10. #530
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    Re: Census finds record gap between rich and poor

    Quote Originally Posted by Patria Antiqua View Post
    There is no other explanation for this other than that poor people are lazier than ever.
    wait.. I thought liberals thought the rich were always to blame... now it's the poor?

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