View Poll Results: Redistribution of Wealth

Voters
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  • The wealth has been redistributed UPWARDS

    34 45.95%
  • The wealth has been redistributed DOWNWARDS

    33 44.59%
  • The wealth has not been redistributed

    1 1.35%
  • Other/I don't know

    6 8.11%
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Thread: Redistribution of Wealth

  1. #51
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    Re: Redistribution of Wealth

    Actually, while "social programs" are a HUGE part of the massively bloated Federal Budget, one thing that is often neglected in these discussions is "corporate welfare"... and things like TARP.

    Corporations often get tax breaks as incentives to build a plant in a certain area. Now, I'm not entirely opposed to that because it creates jobs... but the State or City that does this is likely to try to take that money they didn't get from the corporation from other sources... ie the Middle Class in most cases.

    We're still subsidizing the steel industry and farmers IIRC. In the latter case, I doubt family farms are benefitting as much as the super-huge corporate farm conglomerates.

    We subsidize other huge corps. Hedge funds and banks take unreasonable risks and then get bailed out with taxpayer money.

    Sure, lots of people own stock now... but it is the big money houses and Ultra-Rich that benefit most from these things.

    This could be construed as wealth being redistributed upwards.

    I tend to agree with Digsbe... it is the middle class and moderately-wealthy that is getting the squeeze, while money moves upwards to the Ultra-Rich and downwards to the Welfare/food stamp recipients.
    Last edited by Goshin; 12-24-10 at 01:01 PM.

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  2. #52
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    Re: Redistribution of Wealth

    Quote Originally Posted by Captain America View Post
    Everyone willing to work should be able to prosper and acquire wealth.
    They can. Why do you think they can't?

    Quote Originally Posted by Captain America View Post
    These "hard working" people you refer to often don't have to work at all. Their riches are making them richer. And it has to come from somewhere.
    Yes, as I said they either are hard workers or they were fortunate enough to be born into a rich family. That's life.

    Quote Originally Posted by Captain America View Post
    That's the issue at hand. The ill-informed have a tendancy to support those who support the current system as it is. And it is simply unsustainable.
    If you work hard, handle your money well, discipline yourself - you'll most likely do well in life. I fail to see how you think hard workers can't make it in this country.

    Some questions for you and whoever wants to answer...

    ~ Do you believe there should be a cap to how much money one person should make?

    ~ Should 100% of the wealth of a person who has died be given to the government regardless of how much it is? I mean, their family didn't earn that, the person who died did, right?

    ~ Is it possible for a person living in poverty as a child to be rich later in life in this country? If so, how? If not, why not?


  3. #53
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    Re: Redistribution of Wealth

    Quote Originally Posted by haymarket View Post
    Is that what was happening in the Fifties and Sixties when the middle class grew and income was expanded to the workers?

    People want corporations to do well and for employers do to well also PROVIDING that they too share in the prosperity. And in a nutshell that is the problem of the last ten years. the prosperity has been only one way.
    Even moreso in the past three years.
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  4. #54
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    Re: Redistribution of Wealth

    Quote Originally Posted by Captain America View Post
    And the way it is set up, only the rich can afford this higher education you speak of. I agree that education = mo' money. Don't suppose you support making equal education affordable for the poor do you Turtle? Didn't think so. My guess is that you disapprove of the people getting taxpayer grants and scholorships. But I could be wrong.

    I get a kick out of the wingnuts when they start their footstompng claims, "The socialist lazy asses want wealth distribution! Oh noes!" When the undeniable facts are that the top 1% (whom the GOP and rightwingers are famous for defending and cowtowing to) has a net worth and financial wealth that has only risen year after year and decade after decade as the moderate and low income population falls. THERE is your wealth distribution. From the hard working stiffs to the irvory hall suits. Yet, somehow, to some of our esteemed wingnuts, this form of wealth distribution is fine and dandy. As long as it comes out of the moderate and poor pockets and ends up in the rich. But any attempt to level the playing field, is a socialist commie plot.

    And somehow, the rightwing apologists can't seem to get that into their FAUXNews mush head brains of theirs.

    Whatever....

    If you really wanna see how our current system favors the rich getting richer and the poor getting poorer, take a looksy at some numbers of who really rules America. Leave your propaganda bull**** at the door.

    Who Rules America: Wealth, Income, and Power

    Actually, you are wrong again. I give my college and the university where I did my graduate and law degrees substantial funds. Indeed my family endows four full scholarships for needy students to attend Yale. So I guess your leftwing drivel is just that.

    And your can piss and moan about the rich all you want. Yale and other equivalent universities have large endowments and when I attended that college, admissions were blind meaning if someone got in, Yale made sure they could attend. Your idiotic rants are beyond worthless given that rich people are the reason why places like that have so many kids who couldn't afford to attend without help.

    And its not "rich people" who cause smart black kids who make top grades to be called "uncle toms" by their peers. Its not rich people who cause single parent families or so many women to have children before they graduate high school which pretty much dooms those children to poverty



  5. #55
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    Re: Redistribution of Wealth

    The socialists and liberals should at first themselves learn to make money, therefore think about redistribution of wealth.
    Rom 6:23:For the wages of sin is death, but the gift of God is eternal life in Christ Jesus our Lord.

  6. #56
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    Re: Redistribution of Wealth

    Quote Originally Posted by Kandahar View Post
    Upwards. The United States has more wealth inequality now, than at any point in the past 80 years.
    That's probably because of several factors:
    1) An aging population with more people moving into Social Security than ever before
    2) Rapid growth of the "disability" rolls
    3) Almost half the population households currently receive a federal government check or other subsidy in one form or another.

    When a high percentage of the population is government-dependent for a living, that puts them into the poverty level category.
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  7. #57
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    Re: Redistribution of Wealth

    Quote Originally Posted by TurtleDude View Post
    you seem ignorant-again-of global economic reality and the fact is-those who aren't educated in the modern information systems etc aren't going to make good wages like they could 40 years ago by working on a factory line in Detroit.
    As much as I hate to do this I have to actually agree with turtledude on something. The part bolded there is true. One way to fix it though, and increase America's ability to start gaining money is to bring those factories back to the US instead of letting them go over seas. Look at China, they've been gaining steadily for quite some time now and it has mainly to do with the fact that thier economy is based in large part on factories.

    The US needs to start producing material things instead of just consuming.
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  8. #58
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    Re: Redistribution of Wealth

    Quote Originally Posted by Captain America View Post
    And the way it is set up, only the rich can afford this higher education you speak of. I agree that education = mo' money. Don't suppose you support making equal education affordable for the poor do you Turtle? Didn't think so. My guess is that you disapprove of the people getting taxpayer grants and scholorships. But I could be wrong.

    I get a kick out of the wingnuts when they start their footstompng claims, "The socialist lazy asses want wealth distribution! Oh noes!" When the undeniable facts are that the top 1% (whom the GOP and rightwingers are famous for defending and cowtowing to) has a net worth and financial wealth that has only risen year after year and decade after decade as the moderate and low income population falls. THERE is your wealth distribution. From the hard working stiffs to the irvory hall suits. Yet, somehow, to some of our esteemed wingnuts, this form of wealth distribution is fine and dandy. As long as it comes out of the moderate and poor pockets and ends up in the rich. But any attempt to level the playing field, is a socialist commie plot.

    And somehow, the rightwing apologists can't seem to get that into their FAUXNews mush head brains of theirs.

    Whatever....

    If you really wanna see how our current system favors the rich getting richer and the poor getting poorer, take a looksy at some numbers of who really rules America. Leave your propaganda bull**** at the door.

    Who Rules America: Wealth, Income, and Power
    I still waiting for you to even once ever espouse an independent opinion. But I guess I'll never see it. Maybe you're just not independent.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
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  9. #59
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    Re: Redistribution of Wealth

    Wealth should be measured by what we don't need instead of what we don't have....as individuals, and as a country....
    The only thing I think I need personally is my youth back, and that ain't happening any time soon.
    As a country, we need to step back from selfish interests and look closely at how we compare to other countries. We are still a wealthy nation, even if the distribution of assets is a bit skewed.
    As for govt support, that depends on whether it was earned? I get SS, Navy retirement, and a small ($421 per month) disability check (agent orange and parkinson's disease). All those came from the govt. I also get about $600 per month from a regular pension, and have $35K set aside in an IRA (used to be $60K, thank you, Wall street....)
    Who here will say I should turn any of that back to the govt and go live on the street? Bear in mind, I started paying in to SS in 1963, served the Navy 12.5 years active, Navy Reserve 10 years...and I never had a year that I got back more money from Uncle Sam than I paid in....every year was a taxable year, since 1963....
    I don't seek redistribution of wealth, despite what some of our ubercon friends here say. I seek a larger piece of the pie for the middle class, yes, but it must be earned. There is no way that the average CEO should be making tons of money, especially when the market is down and workers are being laid off...They want the big bucks in good times, and rightfully so, if they create the good times, but they also want the big bucks in the bad times, even when they create the bad times....THAT is where greed enters the pictures.
    BTW, the poll left out part of redistribution of wealth that the govt determines with no input from us mere citizens, that being the wealth of OUR nation paid out in foreign aid to countries that hate us, want to hurt us, want to bring us down.
    Why is there little or no complaining from conservatives about how much money we give away to other countries?
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  10. #60
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    Re: Redistribution of Wealth

    Quote Originally Posted by TurtleDude View Post
    Actually, you are wrong again. I give my college and the university where I did my graduate and law degrees substantial funds. Indeed my family endows four full scholarships for needy students to attend Yale. So I guess your leftwing drivel is just that.

    And your can piss and moan about the rich all you want. Yale and other equivalent universities have large endowments and when I attended that college, admissions were blind meaning if someone got in, Yale made sure they could attend. Your idiotic rants are beyond worthless given that rich people are the reason why places like that have so many kids who couldn't afford to attend without help.
    Rich people do give lots of money out to others that need it for education. But it won't ever been enough to close the gap. Everyone that is rich could give away all of their money to give people a higher education and it still wouldn't be enough. That has nothing to do with greed. It has to do with the sheer amount of people involved.

    Which brings up another problem. In the US most of the jobs that actually pay enough to keep a person from living on welfare require higher education. This can be proven by simply driving down the right road. I've seen billboards that have matter of factly stated that you need an education beyond highschool.

    So, perhaps the answer (beyond bringing factories into the US) could lie in making higher education more readily available to the general public. Maybe even making it somewhat based off of regular schooling. I mean is there really a valid reason as to why a collage costs money to attend while a high school doesn't (I'm talking about to the kid that attends..not the parents)?
    I have an answer for everything...you may not like the answer or it may not satisfy your curiosity..but it will still be an answer. ~ Kal'Stang

    My mind and my heart are saying I'm in my twenties. My body is pointing at my mind and heart and laughing its ass off. ~ Kal'Stang

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