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Income Inequality

What should be done to battle income inequality in the USA?

  • Do not intervene

    Votes: 39 53.4%

  • Yes, do intervene

    Votes: 34 46.6%
  • Total voters
    73
b_dubz said:
And she never used welfare or any other form of public assistance? And frankly your probably full of bs... Your math just does not add up (for you or your mom)

What's your job that let's you work part time n make 6 figures?
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Believe what you wish. And it is none of your business what I do. My paycheck speaks for itself.
 
Lakeside said:
Believe what you wish. And it is none of your business what I do. My paycheck speaks for itself.
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Well it is if your gonna post on here to add to your argument but you refuse to prove it... If not then dont bother talking about it and don't be mad when I say your full of it!

And did she use any sort of public assistance? I'm assuming your gonna say no...
 
b_dubz said:
Well it is if your gonna post on here to add to your argument but you refuse to prove it... If not then dont bother talking about it and don't be mad when I say your full of it!

And did she use any sort of public assistance? I'm assuming your gonna say no...
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I am not mad, you are the one who is angry. Since you are so concerned about my post, the answer is NO as far as I know.
 
KevinKohler said:
Right. Because, otherwise, we wouldn't use banks, and that would be catastrophic for a lot of rich people. And those runs on banks prior to the great depression were the direct result of miss handling of funds BY those banks. It's a pre bailout, bailout, for banks.
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It would be catastrophic for middle class as well.

Yes, it was at least in part the result of mishandling of funds, of too easy credit, of speculation... come to think of it, sort of the same thing that happened again in '08.

Only there was no run on the banks then.
 
Lakeside said:
Very nice wish list. I am not crying on your shoulder here, but I come from a very poor family. My mother raised 3 children while never having a job that paid more than minimum wage. I was taught at a very early age that "what you put into something is what you get out of it". We were never taught the new American way of having envy or being jealous of others. I never went to college. I work when I want and choose who I work for. I don't have a 9 to 5 job. I generally work 6-7 months out of the year and make over 6 figures. I keep my mortgage paid up for 6 months in advance. I am married and my wife does not have to work. I pay for our health insurance. As I said before my Mother never had a job that paid more than minimum wage and she was able to retire at 62 years of age. She knew how to invest her nickels and dimes and lives very comfortable now. So please forgive if I cannot fathom how others cannot do the same thing. I am a firm believer in giving people a helping hand when it is needed, but not for generations of welfare leeches. Good luck with your dream list.
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While it's good to hear stories of people who escape intergenerational poverty, your story is unfortunately not a particularly likely scenario.

mobility.png


This is a chart that shows American social mobility -- the likelihood that you'll live in a different economic level than you were born into.

As you'll notice, while there's a few people that make the jump from the bottom to the top, and vice versa, it's not a particularly good likelihood. The majority are stuck near where we start.
 
Unrepresented said:
While it's good to hear stories of people who escape intergenerational poverty, your story is unfortunately not a particularly likely scenario.

mobility.png


This is a chart that shows American social mobility -- the likelihood that you'll live in a different economic level than you were born into.

As you'll notice, while there's a few people that make the jump from the bottom to the top, and vice versa, it's not a particularly good likelihood. The majority are stuck near where we start.
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Thanks for the chart. Now back to your Wish List. Do you think those Socialist ideas will better ALL Americans or will we have another Cuba? Even Cuba is getting away from some of their Socialist ideals and heading toward more capitalism for citizens.
 
b_dubz said:
No you failed to prove yours. Again I was alive is not any sort of proof. I proved that millions were starving under dde and the problem has only gotten worse since. Your confused about what "starving" is...

try being open minded for once.

What's your religion?
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you didn't prove anything. starving means dying from hunger. Not being hungry

my religion? NOYFB. If you actually pay attention you can figure it

Yeah though I walk through the shadow of the valley of death I shall fear no evil because I'm the baddest MF in the valley

there's your clue
 
Lakeside said:
I am not mad, you are the one who is angry. Since you are so concerned about my post, the answer is NO as far as I know.
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Well again you would be lying on both fronts then IMO.

I actually know ppl that were raised in such situations, and they were very VERY hungry for most of their childhood (that is until they decided to go out and hustle) their parents scrimped and saved and still could not afford to buy food for them (they ate loads of McDonalds, and still were hungry)

What your saying (by today's standards) would mean your mom supported a family of 4 on 286$ a week. That's 14,872$ a year... Assuming she worked every week. You would have starved.

Furthermore if your older the minimum wage has not increased with productivity (it would be 25 bucks a hr) and a living wage is more like 15$

This is confounded because since 1970 the poverty line has only taken into account inflation. Not rising food costs, or gas or anything else.

So even if you are telling the truth (which I am skeptical about, especially since you refuse to back claims about your current job) the problem has gotten much worse. Not better. Even though both dems and republicans continue to deregulate and give breaks to the rich.

And I'm not mad, I'm calling you out.
 
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KevinKohler said:
They will if they want to sell their **** here.
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people who advocate tariffs because they don't like our unskilled workers being out bid by their unskilled workers are people I dismiss as not understanding reality
 
TurtleDude said:
you didn't prove anything. starving means dying from hunger. Not being hungry

my religion? NOYFB. If you actually pay attention you can figure it

Yeah though I walk through the shadow of the valley of death I shall fear no evil because I'm the baddest MF in the valley

there's your clue
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Well it is if your religious because that would make you a huge hypocrite.

http://www.merriam-webster.com/dictionary/starve

Now your arguing with the dictionary? Common dude starving does not necessarily mean dying cut the bs.
 
Peter Grimm said:
It's indisputable fact that income inequality in the United States has grown substantially in the past few decades.

Median nominal incomes, adjusted for inflation, have not gone up in the USA since the 50's. (Median is the halfway point, so we are talking about the middle-earner). In contrast, the per capita GDP has risen quite dramatically, due to the increased purchasing power of the upper echelon.


I pose three questions to you:

1.) What has caused this phenomenon
2.) What are the long term implications if the trend is allowed to continue
3.) What, if anything, should be done to adjust our course


Thanks
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1. Economics and human nature.
2. Natural economic activity.
3. Nothing. Tax reform would make the system more efficient.
 
KevinKohler said:
Which is another way of saying, they need to be willing to work for around the same pay.


Devastating economic effects, truly the wisdom of short sighted economic planning.
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nope, they need to be better educated and able to trade in hi-tech fields

why should a company pay an american worker 15 an hour for unskilled labor when a Mexican will do it for 3 dollars an hour?
 
TurtleDude said:
people who advocate tariffs because they don't like our unskilled workers being out bid by their unskilled workers are people I dismiss as not understanding reality
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Yes because you understand reality sooooooooooo well.... Man your a chuckle a minute!

TurtleDude said:
nope, they need to be better educated and able to trade in hi-tech fields

why should a company pay an american worker 15 an hour for unskilled labor when a Mexican will do it for 3 dollars an hour?
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Because its the right thing to do and that's even more unfair to the Mexicans!

Man you guys are selfish... Well I guess the founders were too so idk what else I would expect from the group that quotes the one that raped his slaves n enslaved his kids (Jefferson)
 
Lakeside said:
Thanks for the chart. Now back to your Wish List. Do you think those Socialist ideas will better ALL Americans or will we have another Cuba? Even Cuba is getting away from some of their Socialist ideals and heading toward more capitalism for citizens.
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I'm aiming for keeping up with northern Europe. Scandinavia's people seem to be enjoying a sustainable, safe, and productive lifestyle because of socialist leans, not despite them.
 
b_dubz said:
Yes because you understand reality sooooooooooo well.... Man your a chuckle a minute!



Because its the right thing to do and that's even more unfair to the Mexicans!

Man you guys are selfish... Well I guess the founders were too so idk what else I would expect from the group that quotes the one that raped his slaves n enslaved his kids (Jefferson)
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your concept of fair is pillowheaded nonsense that we normally see from college kids still living in Momma's basement.

And your rant about the founders demonstrates you are clueless about the constitution.

And I do understand reality. You cannot wish away the fact that global labor markets pretty much bitch slap your hysterical utopian arguments
 
Unrepresented said:
I'm aiming for keeping up with northern Europe. Scandinavia's people seem to be enjoying a sustainable, safe, and productive lifestyle because of socialist leans, not despite them.
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I agree but I don't think it's that their even that socialist leaning.... Its that America is absurdly capitalist to the point of bleeding it dry...
 
Unrepresented said:
I'm aiming for keeping up with northern Europe. Scandinavia's people seem to be enjoying a sustainable, safe, and productive lifestyle because of socialist leans, not despite them.
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why not move there. we have plenty of socialist has been or never will be nations. Lets leave this one alone so winners can keep winning
 
b_dubz said:
I agree but I don't think it's that their even that socialist leaning.... Its that America is absurdly capitalist to the point of bleeding it dry...
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:lamo:lamo
 
TurtleDude said:
people who advocate tariffs because they don't like our unskilled workers being out bid by their unskilled workers are people I dismiss as not understanding reality
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No one was advocating that position.
 
TurtleDude said:
your concept of fair is pillowheaded nonsense that we normally see from college kids still living in Momma's basement.

And your rant about the founders demonstrates you are clueless about the constitution.

And I do understand reality. You cannot wish away the fact that global labor markets pretty much bitch slap your hysterical utopian arguments
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I love how you ignored being wrong about what starving means...

Stop saying pillow headed... Its a very stupid term.

Really I'm clueless about a document that preached equality for ppl but in reality only gave it to white land owning males? Or I'm clueless that the founders were literally the richest men in america at the time and wanted to stop a populist revolution and garner more power for themselves? (Like the slaves, working class, and natives all uniting against them?)

Or how about the joke of ppl that owned slaves and thought their wives were their property babbling about "freedom"

No sir you are clueless as you have shown time and time again.

Oh and these arguments seem to do pretty well elsewhere around the globe (like most of EU) and yours are doing abysmally here.
 
TurtleDude said:
why not move there. we have plenty of socialist has been or never will be nations. Lets leave this one alone so winners can keep winning
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I'm not one to cut and run when America is most in need of sensible voices.
 
b_dubz said:
How is America not crazily capitalist? What you would like to do away with all social programs of any kind?? How selfish can you get?
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I'd like the Constitution to actually be followed. if states want to engage in handouts so be it

the ones who create the biggest public tits will be overrun with tit suckers and those who actually pay the freight will leave and pretty soon the tit sucker states will go bankrupt
 
Unrepresented said:
I'm not one to cut and run when America is most in need of sensible voices.
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well you certainly aren't contributing much sense from where I stand. Your posts are nothing more than boo hoo, blame the rich for your own failures
 
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