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Thread: Over 90% of the income gains in the first year of the recovery went to the top 1%

  1. #31
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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by ARealConservative View Post
    hahaha.

    nothing at all do with it. Imagine how much better it would of been if the government ran a huge deficit and piled on taxes after taxes in the 20's! We were so close to achieving that utopia too!

    Same in the 90's. Why, if the cold war hadn't of ended we would of been even in a bigger economic boom. cuts in military spending was killing our boom
    There are several adjustments that as conservative and liberals we could probably agree on. It is unfortunate that the two sides in office are so stupid and divided that they can't see how wasteful they are.

    There are two things I would do. Bring most or all troops home, they are overseas helping other countries economies. Cut spending to go into research and defense of the borders and space agency.

    With this money saved we could implement UHC, and save everyday Americans close to $6k per year. In which they could use to spend on the economy. That amount of aggregate demand (750 billion) would be the size of the stimulus but done every year by good old American citizens.
    My blog, where I talk latest news on economics and some other issues.

    http://hereticaldruthers.wordpress.com/

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by JP Hochbaum View Post
    There are several adjustments that as conservative and liberals we could probably agree on. It is unfortunate that the two sides in office are so stupid and divided that they can't see how wasteful they are.

    There are two things I would do. Bring most or all troops home, they are overseas helping other countries economies. Cut spending to go into research and defense of the borders and space agency.

    With this money saved we could implement UHC, and save everyday Americans close to $6k per year. In which they could use to spend on the economy. That amount of aggregate demand (750 billion) would be the size of the stimulus but done every year by good old American citizens.
    I agree with the principle here. It's never going to happen as long as a large percentage is going to support new wars and wasteful spending no matter who is president.

  3. #33
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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by TurtleDude View Post
    actually many of us say so what? those who have money to invest are going to see their income grow more than those who spend every penny they earn
    Where those jobs man?
    Record profits... Comeon where are those job creators? Shouldnt we be drowning in jobs?


  4. #34
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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by TheDemSocialist View Post
    And the right wing ignores, and calls it all lies...
    Why would they? If it's true, it's ammo to be used against Obama and the Democratic Congress.
    Last edited by mpg; 03-06-12 at 08:38 PM.
    If you expect people to be rational, you aren't being rational.

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by iliveonramen View Post
    Not true sir.... From David Stockman the Reagan appointee to the OMB


    The Education of David Stockman - Magazine - The Atlantic
    Interesting article but I always looked at "trickle down" as a derogatory term.

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Don't you idiots know it takes money to make money?

    Jeeez.

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by TheDemSocialist View Post
    Where those jobs man?
    Record profits... Comeon where are those job creators? Shouldnt we be drowning in jobs?
    what are you whining about?

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    The rich collect, the middle and poor have debt, its always been like this and always will.

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by TheDemSocialist View Post
    Where those jobs man?
    Record profits... Comeon where are those job creators? Shouldnt we be drowning in jobs?
    Well, if you believe the rhetoric coming out of the Whitehouse there figuratively everywhere. You having trouble finding one? Try calling them.

  10. #40
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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by sawyerloggingon View Post
    Interesting article but I always looked at "trickle down" as a derogatory term.
    Derogatory? It was started by Regan talk to the Dead Prez not the people who repeat it.
    My blog, where I talk latest news on economics and some other issues.

    http://hereticaldruthers.wordpress.com/

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