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Thread: Rich-Poor gap widening

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    Re: Rich-Poor gap widening

    Quote Originally Posted by phattonez View Post
    Companies could not exist unless they were doing good for somebody. That's what keeps them in business. Otherwise they wouldn't be able to sell their products.
    Not entirely. And not always here. Sure, a person making 75 cents an hour might be doiing better in that country. But it doesn't help someone here. And we've seen the land destroyed by some business over the years, and we needed laws to move some toward repairing the damage. Just selling a needed product isn't equal to doing good. You can make a profit and not neccessarily do good.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Rich-Poor gap widening

    Quote Originally Posted by apdst View Post
    I own an oilfield transportation business. When The Messiah imposed his drilling ban, for the good of the country, I had to send four men looking for a job.
    What effect to you think the spilled oil had on business?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  3. #43
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    Re: Rich-Poor gap widening

    Quote Originally Posted by Boo Radley View Post
    Not entirely. And not always here. Sure, a person making 75 cents an hour might be doiing better in that country. But it doesn't help someone here.
    75 cents an hour is better than nothing. Besides, most Americans are way more qualified than that.

    And we've seen the land destroyed by some business over the years, and we needed laws to move some toward repairing the damage.
    Environmental damage should be paid. I don't support the free pass that comapnies get to pollute.

    Just selling a needed product isn't equal to doing good. You can make a profit and not neccessarily do good.
    It is in a free market, not a corporatist economy.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: Rich-Poor gap widening

    Quote Originally Posted by disneydude View Post
    Ever since Reagan drastically cut taxes for the wealthiest of Americans, the rich have been getting richer at an astronomical pace. Check out this interesting article that documents the growing disparity between the top1% of the population and the remaining 99%....

    Separate but unequal: Charts show growing rich-poor gap - Yahoo! News
    Good....let us hope the income gap continues to grow.....

    .......otherwise the economic pie would never grow.......

    If you want everyone as close to $0.00 as possible.....keep voting Democrat......
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  5. #45
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    Re: Rich-Poor gap widening

    Quote Originally Posted by phattonez View Post
    75 cents an hour is better than nothing. Besides, most Americans are way more qualified than that.
    Don't know anyone here who could survive on that, and not sure it would be much better than nothing, . . . here.

    Environmental damage should be paid. I don't support the free pass that comapnies get to pollute.
    We agree on that.

    It is in a free market, not a corporatist economy.
    it's neither, entirely. The market hasn't been completely free since, well, since nearly the begining.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  6. #46
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    Re: Rich-Poor gap widening

    Quote Originally Posted by Boo Radley View Post
    Don't know anyone here who could survive on that, and not sure it would be much better than nothing, . . . here.
    With charity they would. We didn't have a mass of starving people in the 1800s, yet there were no wage controls.

    it's neither, entirely. The market hasn't been completely free since, well, since nearly the begining.
    But it was much more free about 150 years ago.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: Rich-Poor gap widening

    All the liberal willfull ignorance on display in this thread is appaling....



    .....would you rather have the high income gap of the United States.......or the low income gap of Somalia?
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    Last edited by Badmutha; 02-24-11 at 05:10 PM.

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    Re: Rich-Poor gap widening

    Quote Originally Posted by phattonez View Post
    But it was much more free about 150 years ago.
    I don't really think you can compare our economy to the one we had 150 years ago by any means at all.

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    Re: Rich-Poor gap widening

    Quote Originally Posted by Ikari View Post
    Your problem is that you are a responsible, productive, small business. We don't take kindly to that anymore. You need to be part of the protected class, a large corporation. Then you get lots of money, beneficial laws, help from the government to drive off competition, etc.
    My problem is too much government interferrance in the private sector.
    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.

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    Re: Rich-Poor gap widening

    Quote Originally Posted by Boo Radley View Post
    What effect to you think the spilled oil had on business?
    The drilling ban.
    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.

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