View Poll Results: What should be done to battle income inequality in the USA?

Voters
92. You may not vote on this poll
  • Do not intervene

    47 51.09%
  • Yes, do intervene

    45 48.91%
Page 9 of 101 FirstFirst ... 78910111959 ... LastLast
Results 81 to 90 of 1006

Thread: Income Inequality

  1. #81
    Banned
    Join Date
    Jan 2012
    Location
    Where I am now
    Last Seen
    09-11-17 @ 03:00 AM
    Gender
    Lean
    Independent
    Posts
    16,386

    Re: Income Inequality

    End the Fed (or curtail it's power) - especially since '07 it has bailed out banks all over the world and pumped up (indirectly) the stock market. Their near-zero interest rates hurt seniors whose return on their savings are now near zip and forces them to put their money in much higher risk ventures. Plus, these 'artificially' low interest rates encourage people to take out more debt and take more chances with credit...something that the rich can afford but the middle/poor classes cannot.
    It's policies have pumped - directly and indirectly - trillions of dollars into the economy...but most of it is directed at the wealthy.

    Shrink the size of government - massive social programs do little but give incentive to the poor to not bother looking for work. Sure, make sure people have shelter, food and at least basic healthcare (full health care for children)...but stop it there.

    Stop government meddling in the real estate market. The government/Fed/Fannie/Freddie deliberately stimulating the low income housing sector eventually helped lead to disaster. Owning a house is NOT a right, it is a privilege. Defang the Fed and kill Freddie and Fannie (stop funding them).

    Stop bailing out failed corporations. This just encourages poor business decisions from these companies - since they know they will be taken care of if they mess up badly enough. Plus, it makes it MUCH harder for smaller companies to compete since they do not have the safety net their bigger competitors do.

    Stop charging capital gains at a lower rate then income taxes. So many of the masses demand higher income tax rates for the rich when the fact remains that the VAST majority of the income of the mega rich is in capital gains, not income. Yet these same masses (probably because they know little of capital gains) just ignore this fact. Force these mega rich to pay the same rates for capital gains as for income.
    Last edited by DA60; 09-25-14 at 02:49 PM.

  2. #82
    Sage
    Cephus's Avatar
    Join Date
    Mar 2007
    Location
    CA
    Last Seen
    Today @ 06:30 PM
    Gender
    Lean
    Slightly Conservative
    Posts
    29,775

    Re: Income Inequality

    Quote Originally Posted by b_dubz View Post
    I think its reprehensible to allow people to starve. I also think they deserve the same opportunities as these ppl had. And furthermore the majority of amazingly wealthy people (see Paris Hilton or her father) did NOTHING to earn their wealth. They were just lucky.

    Basically I think they deserve the opportunity to work, at a fair and equal pay, and that it has never been afforded to them in our country's history.
    Why? Why is it reprehensible? They've had the same opportunities, largely they've squandered them. They had a chance for an education, they screwed it up. They had a chance to live responsibly, they didn't do it. They got involved in things that harmed or ruined their lives, they didn't learn their lessons when they had a chance, they didn't get the experiences they were supposed to get or develop the skills they should have developed and now you want to give them extra privileges when they haven't earned them?

    Are you out of your mind?
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

    Blog me! YouTube me! VidMe me!

  3. #83
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 05:29 PM
    Gender
    Lean
    Other
    Posts
    12,440
    Blog Entries
    2

    Re: Income Inequality

    Quote Originally Posted by Bigfoot 88 View Post
    Globalization and international trade is not a contributing factor, IMO. What is lost in manufacturing wages is made up by the low prices, so it evens out in terms of cost of living. Comparative advantage allows for a diversification of what is produced, thus more wealth overall is produced.
    Low prices don't completely offset wage losses. Rents/mortgages don't go down. Energy as well. There's an offset, but it doesn't equal out.

    And too many of those cheap products are just that. Cheap. False economy. The can opener that costs half what a "good" one does doesn't last as long, and often requires so many replacements to equal the lifespan of the better one that its a net loss.
    Anyone wondering what I'm talking about start here:
    The Psychology of Persuasion

  4. #84
    Sage
    Cephus's Avatar
    Join Date
    Mar 2007
    Location
    CA
    Last Seen
    Today @ 06:30 PM
    Gender
    Lean
    Slightly Conservative
    Posts
    29,775

    Re: Income Inequality

    Quote Originally Posted by What if...? View Post
    Low prices don't completely offset wage losses. Rents/mortgages don't go down. Energy as well. There's an offset, but it doesn't equal out.

    And too many of those cheap products are just that. Cheap. False economy. The can opener that costs half what a "good" one does doesn't last as long, and often requires so many replacements to equal the lifespan of the better one that its a net loss.
    But people don't care about that or even think in those terms. They care about what it costs now. If they have to buy another one in a month, that's a couple of paychecks under their belt, they'll happily buy another one.
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

    Blog me! YouTube me! VidMe me!

  5. #85
    Sage
    gdgyva's Avatar
    Join Date
    Jun 2014
    Location
    Twinsburg Ohio
    Last Seen
    Today @ 05:12 PM
    Gender
    Lean
    Slightly Conservative
    Posts
    5,949

    Re: Income Inequality

    Quote Originally Posted by Cephus View Post
    Why? Why is it reprehensible? They've had the same opportunities, largely they've squandered them. They had a chance for an education, they screwed it up. They had a chance to live responsibly, they didn't do it. They got involved in things that harmed or ruined their lives, they didn't learn their lessons when they had a chance, they didn't get the experiences they were supposed to get or develop the skills they should have developed and now you want to give them extra privileges when they haven't earned them?

    Are you out of your mind?

    what happened to people like that 50, 100, 150 years ago

    people who just didnt want to get with the program?

    did ranchers keep them on their drives? or force them out into the wilderness?

    we have always had those who wanted to do as little as possible.....

    but unlike now, those people werent treated as kindly as they are now

    they were thrown out on their ass.....

    they were put into debtor's prisons

    they rummaged around garbage dumps for scraps to eat

    and they died.....lots and lots of them died

    and i ask myself.....

    are we making the right decisions enabling them today?

    i really wonder at times
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

    Ralph Waldo Emerson

  6. #86
    Sage
    Cephus's Avatar
    Join Date
    Mar 2007
    Location
    CA
    Last Seen
    Today @ 06:30 PM
    Gender
    Lean
    Slightly Conservative
    Posts
    29,775

    Re: Income Inequality

    Quote Originally Posted by gdgyva View Post
    what happened to people like that 50, 100, 150 years ago

    people who just didnt want to get with the program?

    did ranchers keep them on their drives? or force them out into the wilderness?

    we have always had those who wanted to do as little as possible.....

    but unlike now, those people werent treated as kindly as they are now

    they were thrown out on their ass.....

    they were put into debtor's prisons

    they rummaged around garbage dumps for scraps to eat

    and they died.....lots and lots of them died

    and i ask myself.....

    are we making the right decisions enabling them today?

    i really wonder at times
    I don't think we are. I'm fine with a very basic social safety net that catches people when they fall and puts them back on their feet. That's not what we have in this country. We don't allow them to get off the public dole, we don't allow them to better themselves, we actively discourage it and then we wonder why half the country is getting a government welfare paycheck.

    We become strong by making our citizens strong, not by coddling them.
    There is nothing demonstrably true that religion can provide the world that cannot be achieved more rationally through entirely secular means.

    Blog me! YouTube me! VidMe me!

  7. #87
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 05:29 PM
    Gender
    Lean
    Other
    Posts
    12,440
    Blog Entries
    2

    Re: Income Inequality

    Quote Originally Posted by Cephus View Post
    But people don't care about that or even think in those terms. They care about what it costs now. If they have to buy another one in a month, that's a couple of paychecks under their belt, they'll happily buy another one.
    False economy. An illusion that one is saving money while their can opening costs actually go up.
    Anyone wondering what I'm talking about start here:
    The Psychology of Persuasion

  8. #88
    Professor
    Join Date
    Sep 2014
    Last Seen
    01-14-15 @ 04:51 PM
    Gender
    Posts
    1,401

    Re: Income Inequality

    Quote Originally Posted by US Conservative View Post
    You are uninformed. The recent (last 25 years) gains in both China and India were from dumping marxist fail and utilizing free market principles. Indeed China is doing well because its done just that.
    well by whose standards? Their doing better than they were for the most part true, but their rural people are doing worse as they have had their lands taken against their will to make room for economic expansion. This is killing means for food production and will come around to bite them in the butt

    Their socioeconomic gaps have grown

    [QUOTE/]The wealth data, although a less rigorous measure of inequality, is also reflected in more conventional measures of inequality.
    construction project in Beijing China's cities are growing rapidly

    In 2010, China's Gini-coefficient - a measure of how wealth is distributed in a society - stood at 0.47 (a value of 0 suggests total equality, a value of 1 extreme inequality).

    In other words, inequality in China has now surpassed that in the United States, and surged through the 0.4 level in the mid-2000s.[/QUOTE]

    and wile I do think mixed market economy's are the best system, that does mean you need socialist leanings as well as capitalist ones. They need to be in balance.

    China is also curtailing what could have been a huge crash in their housing market through strong regulations. A very not free market thing to do...

    http://www.forbes.com/sites/kenrapoz...ues-deflating/

  9. #89
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 05:29 PM
    Gender
    Lean
    Other
    Posts
    12,440
    Blog Entries
    2

    Re: Income Inequality

    Quote Originally Posted by Bigfoot 88 View Post
    Not sure what you are getting at. I'm saying international trade is not causing income inequality. In fact, it is dramatically raising the living standards of less wealthy nations as we speak. It is bridging the gap.
    A recent study says its slowing, and we can expect another 50-100 years for them to catch up enough for American wages to start to climb again.
    Anyone wondering what I'm talking about start here:
    The Psychology of Persuasion

  10. #90
    Banned
    Join Date
    Nov 2013
    Location
    Between Athens and Jerusalem
    Last Seen
    05-18-16 @ 07:06 PM
    Gender
    Lean
    Conservative
    Posts
    33,522

    Re: Income Inequality

    Quote Originally Posted by KevinKohler View Post
    Well, that and they are manipulating the value of their currency to give their products an unfair advantage on the open market, as well as bringing jobs to their shores by short sighted business owners.
    This is true, but India isn't known for that and they also have seen a massive exodus from poverty, after decades of failed marxist policies.

Page 9 of 101 FirstFirst ... 78910111959 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •