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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
If the shoe fits. Now while we're not the center of the world, the vast majority of major accomplishments, developments and inventions do come from here. What have you invented lately?

LOL a "vast majority of major accomplishments, developments and inventions".. name 5.

Yet you're sitting here on this forum thumping your chest, telling us all how wonderful the Danish standard of living is. Sure, we believe you.

No I am more than often correcting ignorant comments about Denmark and explaining what we do different. There is no chest thumping in it at all, since Denmark has many faults.

And Maersk? Which, founded in 1904, is nothing recent. So what have you done for us recently?

The fact that you dont know, shows how little you know not only about your own country but about the world in general. Maybe you should look up Maersk-Sealand and the US military and its role in the first and second Iraq war and in Afghanistan. Hey you might learn something.
 
Horrors like paying ppl fairly for their labor? Or single payer so insurance company's aren't artificially jacking up prices?

Define fair. The only way you can objectively define the word fair is if we are talking about a fair where you show your pig. Otherwise, it's pretty subjective.
 
Define fair. The only way you can objectively define the word fair is if we are talking about a fair where you show your pig. Otherwise, it's pretty subjective.
No fair would mean enough to live reasonably comfortably in today's society. Pretty simple stuff dude...

Stop distracting from the fact that cons are anti ppl and just want to widen the gap... Everything you guys argue would have these effects.
 
No fair would mean enough to live reasonably comfortably in today's society. Pretty simple stuff dude...

Stop distracting from the fact that cons are anti ppl and just want to widen the gap... Everything you guys argue would have these effects.

That's nothing but your opinion on what is fair. Your opinion on what is fair is no more or less valid than anyone else's.

For that matter, your definition isn't even that well defined. What does reasonably comfortably mean and include?
 
If the shoe fits. Now while we're not the center of the world, the vast majority of major accomplishments, developments and inventions do come from here. What have you invented lately?



You're pissed and every post shows it. Your pride is wounded. It's okay, we all understand.



Yet you're sitting here on this forum thumping your chest, telling us all how wonderful the Danish standard of living is. Sure, we believe you.

And Maersk? Which, founded in 1904, is nothing recent. So what have you done for us recently?

It's wrong to expect Denmark to compare to America. Try a more applicable comparison...like America to the European Union. And then look at things like CERN, the biggest and best scientific facility on the planet. We here in America have nothing to compare to it.
 
That's nothing but your opinion on what is fair. Your opinion on what is fair is no more or less valid than anyone else's.
No not really wanna argue with the dictionary?

in accordance with the rules or standards; legitimate.
"the group has achieved fair and equal representation for all its members"

Note the part with standards.

I'm sorry your standards would allow ppl to starve n be sick even more than they already do, most ppls dont...
 
How does simply citing him prove your point? Not at all. I gave a specific example of how raising taxes on capital would hurt the middle class. All you did was mention a Marxist in a beret.
Un, no, I stated :

Raising taxes on CAPITAL GAINS, in lieu of business not raising wages, will help the middle class, ie Piketty.

Say specifically how it would help the middle class. Or the poor for that matter.
IF you understood the reference to Piketty (and you have not shown any understanding since you keep referring to him as a communist) you would understand that since the demise of middle class influence (decline of Unions, increase in globalization) and the gains going to the top 1% since roughly 1980, the counter to this in lieu of the 1% increasing wages, is to capture some of this wealth and distribute it to lower and middle wage earners to compensate their lowered incomes.

It is not much different from the concept of Friedman for a minimum guaranteed income.
 
And how do American workers do that? Lower their wage demands? Make themselves as cheap as possible?


Skills pay the bills

Improving themselves...gaining knowledge and experience

I deal in micro not macro....and every individual needs to improve themselves

The more skills you have, the more valuable you become....it really is that simple
 
No not really wanna argue with the dictionary?

in accordance with the rules or standards; legitimate.
"the group has achieved fair and equal representation for all its members"

Note the part with standards.

I'm sorry your standards would allow ppl to starve n be sick even more than they already do, most ppls dont...

You have yet to define with any real clarity what exactly fair means. All you did was use another subjective phrase and pretend that doing such is clearly defining the word. Like I said, what does "reasonably comfortably" mean and include? Who is to say someone is wrong if they don't find healthcare to be included under what is "reasonable comfortable"? Who is to say what you should earn? Who is to say really anything with that standard? It means nothing.
 
Skills pay the bills

Improving themselves...gaining knowledge and experience

I deal in micro not macro....and every individual needs to improve themselves

The more skills you have, the more valuable you become....it really is that simple
What about uneducated ppl? What about dumb ppl? Why about the mentally challenged??

Oh n ain't nothing worse than a micro manager... Very poor method.... You should lead by example...
 
Raising taxes on capital won't do anything to help the middle class. In fact, to the extent it dampens investment the middle class, many who are dependent on pensions or 401ks, will suffer from a lowered rate of return. Plus, if you think jobs are going overseas now, just raise taxes on capital and watch the run for the border.

How is that going to negatively impact retirement accounts? Capital gains outside of retirement accounts are significantly lower and that is where the problem lies. Also, do you have proof production will go overseas due to higher long term capital rates?
 
Ah, so now its raise taxes AND redistribute. Its becoming clearer now, isn't it , comrade? Sneaky.

Un, no, I stated :

Raising taxes on CAPITAL GAINS, in lieu of business not raising wages, will help the middle class, ie Piketty.

IF you understood the reference to Piketty (and you have not shown any understanding since you keep referring to him as a communist) you would understand that since the demise of middle class influence (decline of Unions, increase in globalization) and the gains going to the top 1% since roughly 1980, the counter to this in lieu of the 1% increasing wages, is to capture some of this wealth and distribute it to lower and middle wage earners to compensate their lowered incomes.

It is not much different from the concept of Friedman for a minimum guaranteed income.
 
Skills pay the bills

Improving themselves...gaining knowledge and experience

I deal in micro not macro....and every individual needs to improve themselves

The more skills you have, the more valuable you become....it really is that simple
Except that most worker are overqualified for their position, productivity has continuously increased, but compensation has not.
 
You have yet to define with any real clarity what exactly fair means. All you did was use another subjective phrase and pretend that doing such is clearly defining the word. Like I said, what does "reasonably comfortably" mean and include? Who is to say someone is wrong if they don't find healthcare to be included under what is "reasonable comfortable"? Who is to say what you should earn? Who is to say really anything with that standard? It means nothing.

Ummmmmm yea if your sick and can't get help you will not be reasonably comfortable.

And no that's straight out the dictionary. Fair has to do with standards.

Why do cons hate other ppl so much? Why u guys so greedy you do not wanna give anything back to the society that without which you never would have attained so much?

You guys even wanna get rid of programs that allot of you used at one point or another...

Smh
 
Ah, so now its raise taxes AND redistribute. Its becoming clearer now, isn't it , comrade? Sneaky.
FFS....DUDE....right from the start of our exchanges I was discussing the imposition of taxes in lieu of wage increases.

I'm not going to respond to you if you are not going to read what you are responding to.
 
Horrors like paying ppl fairly for their labor? Or single payer so insurance company's aren't artificially jacking up prices?


Paying people fairly, huh?

What does that mean to you?

As an adult, are you able to make decisions for yourself as to whether or not a wage is "good enough" for a job?

You don't think other adults can make the same determination?

A job is worth what an employer is WILLING to pay, and an employee is WILLING to accept

No more...and no less.....it is a contract between those two forces and either party has the ability to say no

Nothing else matters.....nothing
 
Paying people fairly, huh?

What does that mean to you?

As an adult, are you able to make decisions for yourself as to whether or not a wage is "good enough" for a job?

You don't think other adults can make the same determination?

A job is worth what an employer is WILLING to pay, and an employee is WILLING to accept

No more...and no less.....it is a contract between those two forces and either party has the ability to say no

Nothing else matters.....nothing
Untrue in a stagnant job market you have much less of a choice...

And what about the mentally handicapped and dumb ppl? Should they starve in the street? That's what it seems like your saying...

And by dumb I mean low IQ... Incapable of achieving higher education or skills...

You cons are anti ppl
 
Paying people fairly, huh?

What does that mean to you?

As an adult, are you able to make decisions for yourself as to whether or not a wage is "good enough" for a job?

You don't think other adults can make the same determination?

A job is worth what an employer is WILLING to pay, and an employee is WILLING to accept

No more...and no less.....it is a contract between those two forces and either party has the ability to say no

Nothing else matters.....nothing
You are talking in the abstract, assuming perfect knowledge of all parties in a perfect market. The employee has no knowledge of what a business could pay, the market currently is distorted by high levels of un/underemployment, workers are more than often overqualified....

Beyond this, worker influence has declined greatly since 1980 as reflected in the lack of wage gains.
 
You are talking in the abstract, assuming perfect knowledge of all parties in a perfect market. The employee has no knowledge of what a business could pay, the market currently is distorted by high levels of un/underemployment, workers are more than often overqualified....

Beyond this, worker influence has declined greatly since 1980 as reflected in the lack of wage gains.
I would say most workers never had enough influence....
 
What about uneducated ppl? What about dumb ppl? Why about the mentally challenged??

Oh n ain't nothing worse than a micro manager... Very poor method.... You should lead by example...

There ought to be a rule on the webzine that all liberals already understand the following

The mentally and physically handicapped, who cannot help themselves will always be a ward of the state

And because of that, will always be cared for by the state

Everyone else...and I mean everyone else...can improve themselves, and learn more

You need an eight iq to be a plumbers apprentice and make 16 bucks an hour

Trades can be learned by even those with less than average intelligences
 
Increasing taxes on capital gains will decrease investment in financial assets and depress stock prices. Depending on severity this could be disastrous for pension funds which are hiding their liabilities by assuming unreasonable gains in the market. As an aside, I believe this is also why the FED is propping up the markets through easing. The impact of lower market returns on 401ks is obvious

Same as investing in capital. Why would companies invest in capital improvements, factories etc if their gains are taxed at a higher rate? Capital will flow to more lucrative markets. The other thing about capital that is often overlooked is internal capitalized labor. Assets created by internal capitalized labor are treated as capital. So a new computer system and the cost of all the programmers and engineers used to create the asset are treated as capital costs. Also, the disposition of the asset (depreciation) is included in capital gains calculations.

Of course, if you consider corporate taxes as taxation on capital (in the context of taxing capital instead of taxing labor) then the run for the border is more obvious.

How is that going to negatively impact retirement accounts? Capital gains outside of retirement accounts are significantly lower and that is where the problem lies. Also, do you have proof production will go overseas due to higher long term capital rates?
 
There ought to be a rule on the webzine that all liberals already understand the following

The mentally and physically handicapped, who cannot help themselves will always be a ward of the state

And because of that, will always be cared for by the state

Everyone else...and I mean everyone else...can improve themselves, and learn more

You need an eight iq to be a plumbers apprentice and make 16 bucks an hour

Trades can be learned by even those with less than average intelligences
As a person with a high IQ that has done trades that's simply untrue. Some are too dumb believe it or not.

16 bucks an hour is just over a living wage.... A plumbers assistant should make more...

Wards of the state? What so you would put them in a asylum or something? Yea because that works sooooo well...

Cons should stop hating their fellow humans
 
Except that most worker are overqualified for their position, productivity has continuously increased, but compensation has not.

Everyone of my employees are making more now than 3 or 5 years ago

Why?

Because in my place, you grow or you die.....and I don't keep deadwood around

Maybe it's not the economy, and not business in general....maybe it just is you guys

Ever think of that?

Learning new skills makes you more valuable....value increases your wage....win for you, and win for your employer
 
Conservative ideals are anti ppl. This country has gone so far to the right its absurd.

Liberalism is dead Obama and Clinton proved that.

And anti-kitten. All part of their WAR ON PETS, CHILDREN AND ANYTHING GOOD

h53BEDDAD
 
And how do American workers do that? Lower their wage demands? Make themselves as cheap as possible?

get better educated
 
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