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. #161
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    Re: The divide between the rich and the rest

    Quote Originally Posted by Fisher View Post
    His grandkids will.
    Didn't you know Mitt was a Silver Spoon - the son of the CEO of American Motors? His father was far from being poor. Mitt's grandkids will be the fourth generation, not third.
    Mt. Rushmore: Three surveyors and some other guy.
    Life goes on within you and without you. -Harrison
    Hear the echoes of the centuries, Power isn't all that money buys. -Peart
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  2. #162
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    Re: The divide between the rich and the rest

    Quote Originally Posted by Ikari View Post
    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.
    then you aren't paying attention, many middle class citizens 10 years ago are multi-millionaires today

  3. #163
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    Re: The divide between the rich and the rest

    Quote Originally Posted by Guy Incognito View Post
    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.
    10 million is not middle class at all, that statement above means I am done with you on this as you have no idea what you are talking about.

  4. #164
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    Re: The divide between the rich and the rest

    Quote Originally Posted by cpwill View Post
    Probably not, as he appears to have done a pretty good job as a father.

    However, Fisher is correct - the vast majority of America's millionaires are first-generation wealthy.
    Get some similar data on at least the $10M+ crowd and get back to me because I don't believe it.
    Mt. Rushmore: Three surveyors and some other guy.
    Life goes on within you and without you. -Harrison
    Hear the echoes of the centuries, Power isn't all that money buys. -Peart
    After you learn quantum mechanics you're never really the same again. -Weinberg

  5. #165
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    Re: The divide between the rich and the rest

    Quote Originally Posted by LadyMoonlight View Post
    In every society that has ever existed from the beginning of time, there have been three main levels (probably some sub-levels, but basically three); those at the top who do very well either through inherited wealth, hard work, taking chances, being clever or a combination of all of those things; those in the middle who work hard, save some and try to move up through the classes; and those at the bottom who, sometimes through no fault of their own and sometimes through their life choices, will always remain on the bottom of society. Those at the top do very well, those in the middle do ok and those on the bottom get screwed. From ancient Egypt through to modern society, that's the way society works and will always work and there is nothing that is going to change that. Governments go throw money into schemes designed to assist the poor and some of those poor will latch onto that money and still stay where they are for life. Some will see the value of an education and work damn hard to not have to depend on that money. Society needs those at the top; they hire people, pay wages which go into the economy (perhaps not enough wages, but that's life....don't like it then move on up through hard work). I am not an economist, I don't pretend to understand money matters except paying my bills etc. I do know that society really does need the top, the middle and the bottom layers.
    Everyone has the right to equal opportunity, but everyone is simply not equal. One of the first lies we tell kids, is that they can be anything they want, they just have to want it bad enough. That is simply not true. For example, I was never going to be able to be a brain surgeon or a rocket scientist no matter how much I would want to....don't have the intelligence or ability.....I was never going to be a super model....sure as hell don't have the beauty or the body for it! People have to get real.
    Top, middle and bottom, that's the way it works. Should those at the bottom be helped? Certainly, been there, done that and worked my way out of it. But you can only help so much, people really have to help themselves.
    You left out the amorally greedy from your top group. History is replete with examples of the harm they do. There have been revolutions based on that alone.

    But the real point you aren't taking into account is we are entering a post labor economy.

    The machines ARE taking over. The labor part anyway.

    So our thinking will have to change.

    Not everybody was born with the tools to compete in this new economy. Not everybody can be a programmer or content creator, even if they study real hard and apply themselves completely.

    The old "get a job" mindset is becoming more and more a fallacy.
    Anyone wondering what I'm talking about start here:
    The Psychology of Persuasion

  6. #166
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    Re: The divide between the rich and the rest

    Quote Originally Posted by American View Post
    Really, tell us how the trickle up economics is working in Russia.
    Russia has a flat tax that is the lowest in Europe. FAIL.

  7. #167
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    Re: The divide between the rich and the rest

    Quote Originally Posted by Rocketman View Post
    then you aren't paying attention, many middle class citizens 10 years ago are multi-millionaires today
    Give me the stats! It's really not that hard. I'm sure there are some who are now millionaires (true wealth starts when one gains a net worth of billions in today's world), never said there aren't. But how many? What percentage? What are the statistics?
    You know the time is right to take control, we gotta take offense against the status quo

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    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  8. #168
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    Re: The divide between the rich and the rest

    Quote Originally Posted by AlabamaPaul View Post
    It might be more informative to see your reasoning as to why this might be...
    Globalization and technology have conferred significant advantages to those who are positioned to exploit them.

    Owners of capital, and those who borrow capital from them, mostly.

    Labor is at a significant disadvantage, and lacks the resources to counter this phenomenon.
    Anyone wondering what I'm talking about start here:
    The Psychology of Persuasion

  9. #169
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    Re: The divide between the rich and the rest

    Quote Originally Posted by ernst barkmann View Post
    true, but congress applies handouts the nanny state... to the masses, and unions, planned-parenthood, environmentalist, and other special interest groups besiege congress for favors and money also.

    our government is bought by faction/special interest, because the checks and balances to stop that special interest are gone, removed by the government, allowing them more power, and more opportunity for corruption.
    All done by the government.

    Made up of people who are pre-selected by those benefitting in the "wealth primary".

    Money decides who we get to choose from in elections.

    Both sides.

    Shifting government from the nations referee to the boogeyman responsible for all our s in the eyes of the people is the greatest PR coup ever pulled.

    Even beats the Soviet scam.
    Anyone wondering what I'm talking about start here:
    The Psychology of Persuasion

  10. #170
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    Re: The divide between the rich and the rest

    Quote Originally Posted by ReformCollege View Post
    Yet it is still better off then the Soviet Union. A few of us being unequally rich is better then all of us being equally poor.
    There were rich people in the Soviet Union.

    Who sold the promise of a workers paradise with no intention of coming through.
    Anyone wondering what I'm talking about start here:
    The Psychology of Persuasion

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