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The 1% will own more than the 99% by 2016, report says

If we could find a way to cut the 1% by 1/10th, then there would be a whole lot less of them.
 
When you do, what is his favorite of yours? Care to refute the association, or do your cute replies always infer an acceptance of his involvement?

Cute replies are all the intellectually bereft have. Also, the intellectually dishonest. I don't see Kobie shouting, "Koch brothers! Everybody drink!". :wink:
 
What do you think? The middle class is disappearing. At one time increases in productivity equated to wage increases.
https://fortune.com/2015/01/19/the-1-will-own-more-than-the-99-by-2016-report-says/
The richest 1% of the population will own more than half of the world’s wealth by next year as inequality continues its relentless rise across the globe, a new report out Monday says.

The report, by the U.K.-based charity Oxfam, shows that the top 1% have grown their share of global wealth constantly since 2010. After dipping at 44% in the wake of the 2008 financial crisis, it rose to 48% by the end of last year and is poised to top 50% by the end of next year.

It's working ! Keep voting them Republicans in boys !!
 
Delusional.

nope fact.

you can take away all the wealth of the 1% that you want to. give it to the poor and it will funnel it's way back.
why? because they have the knowledge to build it back up.

there is a reason that 50% of the people that win the lottery are broke or worse off in 3-5 years of winning.
so handing people a bunch of money won't solve the issue.

why? they don't know what to do with it and blow it on stupid crap. they get involved with shady business deals, because they lack the knowledge.
 
I dont see what the big deal is. The one constant about history is that there has always been a 1% regardless of the type of economy it is- even in communist/socialist economies there are the 1% who hold all the power and money, that is the one constant that will never change.

yea but it is easier to demean and try and go after those people. it makes for good talking points when the rest of your argument fails.
 
Why does this matter? Why does the left always imply that "the wealth" is some kind of static pie that never grows, just falls more and more into the hands of the eeeeevil rich? :roll:

If socialism is sooooo great, why is this still happening? Decades upon decades of socialism in Europe, and the USA becoming more and more "progressive" all the time? What gives?

I don't understand it either. It isn't a static pie. it use to be when we had the gold standard but we don't anymore. countries can increase or decrease their money supplies at will
so there is no way for the top 1% to own everything. this isn't monopoly where there is only so much in the bank.

liberal logic at it's finest but it makes for a great appeal to emotion. darn those evil 1%'s going to own everything and no one else will have a dime to their name.
 
It's working ! Keep voting them Republicans in boys !!
Psst. Obama is a democrat, dude. And just look how he proposes to handle this 'problem.' He is going to raise taxes on the evil rich by $32 billion per year. That should fix it lol. Just for the record, it is probably better to vote for the party that doesn't care about the wealth gap than it is to vote for the party that only pretends to care about it. Unless all you are really concerned about is symbolic 'solutions' to manufactured 'problems.'
 
Good for you. You win a cookie!

You being an example of how things should be done is just that, one example. In my opinion most large corporations don't work like you describe. I've worked for some pretty large companies, along with some smaller ones, and getting anything out of them is like snail racing, slow and slimy.

quite snippy there

did you get a raise? did you provide more to your company during the year? does your company do reviews?

i have found the following to be fairly true (not absolute, but the majority) depending on the business, and the financial position of the company

a. that most give cola raises to their employees to keep up with inflation
b. that their best performers are always awarded in one way or another
c. and that they look for dead wood among their employees...people not keeping up

Do you negotiate on your own, or are you part of a union?

If you work for any government entity, you are at the mercy of the budgets.
 
If we could find a way to cut the 1% by 1/10th, then there would be a whole lot less of them.
Notice that your solution is to tear people down instead of building them up? It seems to me if the percentage of wealthy is growing, that means that some that weren't wealthy before, are wealthy now...why isn't that good?
 
You. Do, Not. Get. It.

With an ever so dwindling pool of available money to be made, how would the bottom 99% increase their median income?


you are kidding, right?

there is no magical pool of money to draw from......

the economy is continually growing

as some businesses start, others fail

maybe this will help you understand better

when anyone opens a business, the most that can be lost is what is invested? yes.....so 100%

when a business succeeds, what is the most that can be made? let me help you, the answer is infinity

no one knows how big that business could get, or how successful

as it grows, it adds to the total economy just as the failed business detracts from it

as long as we have businesses growing faster, and bigger than the combined losses of those that failed, the economy continue to grow

wealth is NOT a zero sum game.......how rich you get, doesnt affect me one iota

so wealth has absolutely NOTHING to do with wages..........

Wages are stagnant for the middle class because we have lost a lot of our manufacturing base to other countries

those people who used to work on the assembly line, are now working at any low paying job they can find

because they have little to no salable skills......

skills is what determines income.....PERIOD

rant over
 
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While I applaud the effort, I have to fundamentally disagree in 2 areas


1) a COLA is not a raise
2) employees with bad reviews/etc should be fired and replaced, not kept at same income.

you run your business your way, and i'll run mine my way

i dont fire an employee for one bad review.....it is a take notice type of thing....that i expect either better results, or your ass is out the door

you dont consider cola raises, raises.....ok......you arent my employee, so i dont really care what you think

sorry...but it is the truth
 
What do you think? The middle class is disappearing. At one time increases in productivity equated to wage increases.
https://fortune.com/2015/01/19/the-1-will-own-more-than-the-99-by-2016-report-says/
The richest 1% of the population will own more than half of the world’s wealth by next year as inequality continues its relentless rise across the globe, a new report out Monday says.

The report, by the U.K.-based charity Oxfam, shows that the top 1% have grown their share of global wealth constantly since 2010. After dipping at 44% in the wake of the 2008 financial crisis, it rose to 48% by the end of last year and is poised to top 50% by the end of next year.

What do I think? I think I don't care. I worry far more about what I have and what I can earn/make than what other people have.
 
Much of the folks on this forum are part of the global 1%. There's a cultural disconnect between people of the developed and developing world. A lot of folks can quite grasp how poor much of developing world is and has always been. You are not part of some beaten down, global proletariat, don't kid yourself, count your blessings.

I'm all ears for discussions about domestic wealth distribution, the situation here in the USA isn't pretty.
 
Lol...

No he's a Progressive all right

His State of the Union claptrap where he unveils his plans to raise taxes on the " Rich " is just one example.

His words don't make law and he frequently either does nothing or exactly the opposite what he says.
 
At the core, is a global social justice agenda that "mysteriously" also forms the basis for many other global efforts, including the AGW agenda. Is there any wonder why the pushers behind "immigration" and these myriad of other issues are all the same groups and people?

Frankly, while it's alarming, it's also impressive. People have lost sight of what billions can do to manipulate and control others. I don't see it as a conspiracy, it's a very well funded, very sophisticated, global political/social effort. Rather amazing.

Good morning, ocean515. :2wave:

:agree: However, when we look at all the various goals they appear to have, it's only all about control and "wealth inequality" agitation on a global scale! At the core it's all about more money for themselves - I see no altruistic motives for the common good for the rest of humanity, only good old fashioned greed from a few.

For instance, who will get the money that we will pay out for "Cap and Trade" when heating or cooling our homes - using Obama's own words - "your utility bills will necessarily skyrocket." Or "We can't drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times...and then just expect that other countries are going to say okay..." Really - Why can't we? I wasn't aware that we had to get anyone's okay, since we haven't asked any other country to pay for what we use! They sure ask for our help though, militarily and otherwise, every time they get in trouble.

I also agree that lack of clean drinking water is a major problem for most of the world's poor, and we face potential water shortages here, too, so will they build desalination plants at places that need them? Not only is the cost to build only one plant prohibitive, how will the water be piped inland where it's needed? Or will governments around the world, including us, be told they must toe the line on rules made by a small group, or they will get no monetary assistance, even though it will be mostly our money that has paid for it?

Those in DC seem to be doing their damndest to bankrupt us as fast as possible, too, since they can't control their spending - We had a $17 trillion dollar debt the last I checked- and we see a current budget request for trillions more, so they think we're ripe for the picking, I guess! What a total crock of :bs:
 
Notice that your solution is to tear people down instead of building them up? It seems to me if the percentage of wealthy is growing, that means that some that weren't wealthy before, are wealthy now...why isn't that good?

By what rate do you feel the 1% are growing?
 
By what rate do you feel the 1% are growing?

0%. The top 1% will always equal 1% of our population, no more, no less.

Or do you mean at what rate is the wealth of the 1% growing?
 
Good morning, ocean515. :2wave:

:agree: However, when we look at all the various goals they appear to have, it's only all about control and "wealth inequality" agitation on a global scale! At the core it's all about more money for themselves - I see no altruistic motives for the common good for the rest of humanity, only good old fashioned greed from a few.

For instance, who will get the money that we will pay out for "Cap and Trade" when heating or cooling our homes - using Obama's own words - "your utility bills will necessarily skyrocket." Or "We can't drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times...and then just expect that other countries are going to say okay..." Really - Why can't we? I wasn't aware that we had to get anyone's okay, since we haven't asked any other country to pay for what we use! They sure ask for our help though, militarily and otherwise, every time they get in trouble.

I also agree that lack of clean drinking water is a major problem for most of the world's poor, and we face potential water shortages here, too, so will they build desalination plants at places that need them? Not only is the cost to build only one plant prohibitive, how will the water be piped inland where it's needed? Or will governments around the world, including us, be told they must toe the line on rules made by a small group, or they will get no monetary assistance, even though it will be mostly our money that has paid for it?

Those in DC seem to be doing their damndest to bankrupt us as fast as possible, too, since they can't control their spending - We had a $17 trillion dollar debt the last I checked- and we see a current budget request for trillions more, so they think we're ripe for the picking, I guess! What a total crock of :bs:

Morning Polgara,

To confirm your observation, one only need to look behind the curtain and see who stands to gain from initiatives such as Cap and Trade. It's no coincidence Al Gore is a founder of Generation Investment Management, a global Cap and Trade enterprise. The affiliations and cooperative efforts are astounding, and should be viewed as quite damning. If they weren't scared of the exposure, they wouldn't have created the "Denier" meme to attempt to denigrate those raising the questions. The amazing part is AGW is just one piece of the Global Social Justice initiative pie.
 
what lefties want is more and more middle class voting for more and more government. and this happens when the middle class are prevented from understanding the cost of government handouts. Taxing the rich more while cutting taxes on the middle class, encourages the Middle class to want more and more goodies since they don't pay for it
Lefties- righties- my oh my. Why is it righties, God fearing Christians for the most part, forget the teachings.
They say a society is judged by how they look after their weak, poor and ill.
 
Why does this matter? Why does the left always imply that "the wealth" is some kind of static pie that never grows, just falls more and more into the hands of the eeeeevil rich? :roll:

If socialism is sooooo great, why is this still happening? Decades upon decades of socialism in Europe, and the USA becoming more and more "progressive" all the time? What gives?

Who brought up socialism - Not me my friend.
 
not if the pool can change to meet the demand of the economy which is what the federal reserve does.

Nope. You don't have a clue what zero sum means.

If the pool has X in it, if one person get's a larger percent of that pool, then someone else HAS to get a smaller percent of that pool. It's a mathematical law.

Just for example, maybe the pool has 1000 units in it, ten people share from that pool, The boss get's 21% (210 units), and the other nine get 9% each (90 units).

Now let's say that the next year the pool grows to 2000 units, if the boss decides that he is the reason that the size of the pool grew, and thus he is due a 1000 unit bonus on top of his 210 unit salary, he is then getting 60.5% of the pool, while the remaining 9 people can only average 4.4% of the pool - their percent of the pool shrank, even though the size of the pool increased.

People look at this, and see that the workers still got paid as much, so they assume that no harm was caused to either the workers or the macroeconomy by the increase in production/profits not being shared equally.

What they fail to realize is that unless the fruits of the increasing productivity is shared more or less equally between all income classes, demand will not keep pace with productivity. So in the second year, the company produced twice as much, yet the workers can't purchase twice as much, and the boss, who acquired all of the fruits of the increase in production (his income went up over 500%), is highly unlikely to purchase 500% more.

So in the third year, the company would likely find that they had an excess of supply, and they would fire workers as they don't need as many. Worker income would tend to be depressed even more because we now have excess workers, which of course results in even lower demand. Ultimately, there is only enough demand for one worker (the owner), and he is only producing enough to satisfy is personal need, because there are no customers.
 
Yep. You notice they don't say that this disparity has grown worse than ever under Obama. They won't make the connection

Now, if Bush were in office, they would be all, Bush, Bush , Bush

But they can't wrap their heads around the truth of what you just said.

Facts make Liberals' heads explode, like this:




Fact is this is a global phenomenon, and the American president really has no control over it one way or another.
 
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