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

  1. #81
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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 upsideguy View Post
    ... which is as expected under a progressive tax system.
    a system that has led to massive deficits and too much government

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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
    I have massive concern for the pestilence of socialism that has been inflicted on our great nation and I worry about how America is deteriorating since the scourge of the New Deal infected this once great nation

    Socialism???? you call the pathetic, flimsy safety net that we have socialism?.... the 10 strongest economies in the world all have much more socialism than the US.

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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 upsideguy View Post
    Socialism???? you call the pathetic, flimsy safety net that we have socialism?.... the 10 strongest economies in the world all have much more socialism than the US.
    we are the strongest economy in the world and we are infected with the creeping crud of socialism but not as much as others

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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
    All these record profits.. Where are these jobs?
    If the record profits were being derived strictly from increased production we would see the jobs. One can not expect a business to hire based upon increased income due to inflation.

    If McDonalds sells 20,000 hamburgers at $1.00 each and then start selling 20,000 hamburgers at $1.25, their income has went up but their production has not. No need for new employee's.

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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 haymarket View Post
    And that is suppose to pass for a long term economic plan for a nation of 311 million people!?!?!?!?!

    Amazing. Simply amazing.
    Tell it to Timmy and Bernie.

  6. #86
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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 haymarket View Post
    Your response in now way shape or from makes any sense with my post in front of it.

    I stated very clearly that while profit without jobs may indeed be a goal of business it could NOT be the goal of a sustainable society for 311 million people.

    Your reply attacking me made no sense at all.
    Well, that's because I didn't read, and had no interest in, anything you posted previously. I wasn't addressing you; my post had nothing to do with you; I had no reason to look back, and don't care to. My point had zero, that is, nothing, to do with anything you posted.

    Your addressing ME is what "made no sense at all."
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

  7. #87
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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 Dickieboy View Post
    Huh? The OP states:



    So let me get you point straight. The author references income growth IN 2010 THE FIRST YEAR OF THE RECOVERY under the current administration and you blame Reaganomics, an administration from 20-25 years ago. And somehow the ramifications of the ‘80’s policies ‘jumped’ the ‘90’s which saw 20% income growth (per OP link). How does that work? I’m going to need a more detailed explanation of this as it appears you are reverting into your customary ‘Reagaonomics/supply side/trickle-down’ mantra is the reason for all that is bad today
    Since 1981, except for a period during the 90's, we have been operating under supply side economics, deregulation and increased military spending (coined Reaganomics). These are the very same policies Romney is trying to sell in this election - supply side economics, deregulation, and increased military spending.

    Thanks but no thanks! Been there, done that!
    Last edited by Catawba; 03-09-12 at 08:57 PM.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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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 Rhapsody1447 View Post
    So is Romney not a moderate? He pisses off the fringe on both sides of the aisle and hardcore right-wingers call him a liberal. I don't recall Democrats saying the same thing about their candidate back in 2008.
    Romney is proposing the same policies Bush did, I suppose some thought Bush was a moderate conservative.
    Last edited by Catawba; 03-09-12 at 08:58 PM.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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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 Mach View Post
    Isn't Obama in the top 1% too?

    For me, hearing conservatives drone about morality and gays and contraception and religion, in this day and age, is more damning than their personal wealth. Personal wealth is an expression of freedom, their primitive opposition to social freedom is what's outrageous.
    Yes, while not near as rich as Romney, Obama is in the top 1%. Fortunately, he and many others in the top 1% are smart enough to understand that when too much wealth is concentrated at the top, out of reach of consumers, the economy cannot prosper.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  10. #90
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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 Catawba View Post
    Yes, while not near as rich as Romney, Obama is in the top 1%. Fortunately, he and many others in the top 1% are smart enough to understand that when too much wealth is concentrated at the top, out of reach of consumers, the economy cannot prosper.

    actually people like him realize that pandering to people like you is how he got to the top one percent and its how he stays up there

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