View Poll Results: How serious a problem is the divide between the wealthy and the rest of us?

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  • Not a problem at all.

    35 28.46%
  • A problem, but not a serious one.

    8 6.50%
  • A fairly serious problem.

    42 34.15%
  • It's not just a "problem." It's a catastrophe that is only getting worse.

    38 30.89%
  • This divide does not exist.

    0 0%
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Thread: The divide between the rich and the rest

  1. #131
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    Guy Incognito's Avatar
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    Re: The divide between the rich and the rest

    Quote Originally Posted by Rocketman View Post
    That is your opinion, but means nothing in this argument. Everyone that is a failure can find an excuse if they look hard enough
    China's human rights record is a matter of fact, not opinion.

  2. #132
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    Re: The divide between the rich and the rest

    Quote Originally Posted by Ikari View Post
    Yes, there are some fairly well off people who do so a lot. Hard work and luck can still account for something. But what's the break down? As I said, how many in the top 1% started poor? How many in the top 0.1% started poor? If we have true free market capitalism and economic mobility, we'd see quite a bit of movement. But if we have stagnation and a closed, corporate capitalist system we'll start seeing less and less till economic mobility is removed. So which side is it?
    We have the mobility, unfortunately we are becoming a society of handouts with more and more people less willing to perform for their pay. I work for a global company and our quality of products are much higher here but finding a dependable work force is harder and harder driving the cost to the point of harder decisions being made. Much of the action taken by larger corporations is forced on them by the business and social environment that is changing around them.

  3. #133
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    Re: The divide between the rich and the rest

    Quote Originally Posted by Rocketman View Post
    When it is multiple times, it is
    No, not really. Depends on the multiple, but it needs to be upwards of ten million before you are even beginning to talk abou real money. Even ten million is chump change in the grand scheme of things.

  4. #134
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    Re: The divide between the rich and the rest

    Quote Originally Posted by Guy Incognito View Post
    China's human rights record is a matter of fact, not opinion.
    that is still an excuse for you to challenge two successful people that were average people before making it big. surely you can do better.

  5. #135
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    Re: The divide between the rich and the rest

    Quote Originally Posted by Guy Incognito View Post
    No, not really. Depends on the multiple, but it needs to be upwards of ten million before you are even beginning to talk abou real money. Even ten million is chump change in the grand scheme of things.
    I could retire and live comfortably on 10 million right now and never look back

  6. #136
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    Re: The divide between the rich and the rest

    Quote Originally Posted by Rocketman View Post
    I could retire and live comfortably on 10 million right now and never look back
    Good for you. It's still not real wealth.

  7. #137
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    Re: The divide between the rich and the rest

    Quote Originally Posted by Guy Incognito View Post
    Good for you. It's still not real wealth.
    Sure is, just maybe not to you. 10 million coud easily be 100 million in todays markets in a short period of time

  8. #138
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    Re: The divide between the rich and the rest

    Quote Originally Posted by TurtleDude View Post
    that's up there in the hall of fame of really really stupid posts

    http://www.debatepolitics.com/genera...much-rich.html

    Enjoy.

  9. #139
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    Re: The divide between the rich and the rest

    Quote Originally Posted by Rocketman View Post
    We have the mobility, unfortunately we are becoming a society of handouts with more and more people less willing to perform for their pay. I work for a global company and our quality of products are much higher here but finding a dependable work force is harder and harder driving the cost to the point of harder decisions being made. Much of the action taken by larger corporations is forced on them by the business and social environment that is changing around them.
    Yes, we do give too many hand outs, corporate welfare is out of hand these days. They benefit too much from tax payers, and are given too much leeway to hide away their fortunes or offshore production. Corporate Capitalism is choking out the economic freedom of the Republic and is one of the reasons we're seeing wealth aggregate into fewer and fewer hands.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  10. #140
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    Re: The divide between the rich and the rest

    Quote Originally Posted by Rocketman View Post
    Sure is, just maybe not to you. 10 million coud easily be 100 million in todays markets in a short period of time
    Look, I'm talking about objective terms. Ten million net worth is not upper class, it is the higher end of middle class. If you work your whole life as a doctor and retire on a ten million nest egg, it is not real wealth. Yes, you can invest that money in the market and make a hundred million, but what retiree is going to take that risk?

    You're mixing up the petit-bourgeoisie and the bourgeoisie. Despite their similar sounding names, the petit bourgeoisie have more in common with the proletariat.

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