9 out of 10 Americans completely wrong

What meaningless tripe.

Who is stopping you from increasing your net worth and thereby your wealth?

Better question, how is it that when the pie got bigger, the only people who made more were in the top 20%? Do you really think 80% of us didn't work as hard? That we stopped getting educations? Please explain why you think that the increase in wealth has concentrated on the top 20% instead of on the middle class workers?

Because the so called middle class doesn't think saving money is a priority.

Now tell me who has stopped you from reducing your debt and saving money?

Again, laws, stagnant wages, loss of jobs, increased immigration to compete for the jobs that are left, etc, etc, etc.

Stagnant wages being the #1 reason. Why is it that when the pie gets bigger, over the last 30 years, the only ones to get a bigger piece are in the top 20%? Do you really think the middle class workers worked less hard? Remember productivity is also up. How is it that the people mostly responsible for the extra productivity aren't benefiting from that productivity?
 
So, we all should go to Communism?

Communism would be an overreach

What we need to do is examine the policies that enable the wealthy to accumulate and protect more wealth while inhibiting the wealth of working Americans.

Given the overwhelming amount of wealth controlled by such a small percentage, why do we continue policies that encourage more wealth to be concentrated there?

Still waiting for "Trickle Down"???
 
Good lord, another "they need to give me more so I don't have to do anything at all" thread by the site welfare queen.

Yay.

It is kind of funny Sallow derided the conservative "lottery mentality" which happens to be "pay to play" yet seems not to have a clue about the liberal "lottery mentality" which is nothing more than "let others pay so you can play"

Immie

I'm just glad I've never had to go before someone like kg to beg for help. Seeing as how she's a social worker, actually makes money off of providing aid to people yet believes every single person who comes to her for aid is LYING!

Then calls me the site welfare queen? Why? Because my youngest son is low functioning autism and 26 years old and we managed to finally get him in a home paid for by the state. If that makes me the site welfare queen, so be it.
 
Iam's broken record.....but here I go again:
When it comes to being consumers - American's are the most clueless, self-centered and hypocritical people on the planet. Every time you choose where to shop by who has the cheaper prices, every time you choose a product based primarily on price alone - this is the result.
30 years ago a few grocery giants began building large 'super center' grocery stores. Prices were lower, and larger bulk sizes were offered that small stores couldn't get. American's flocked to these stores.
Within 10 years, family owned grocery stores all but disappeared.
Same with hardware stores.
Same with lawn and garden stores.
Same with shoe stores.
Same with et. etc. etc.
Americans do NOT support local businesses.
So it should be no surprise that corporatism rapidly took over nearly every retail business that existed.

Wow. You honestly think its only Americans who choose to buy what they need at the lowest price available to them? Is the rest of the world just stupid? THat's what rational buyers do.

No.
That is what clueless buyers do.
Americans have lost all sense of the word "value" and place no importance on community and do NOT pause for one instant to consider the ramifications of their shopping choices.
Obviously you have never traveled outside of America. Many European communities have refused big box stores. In fact, I would wager most.
I agree 100%.
America essentially invented built-in obsolescence. Why buy something for $30 which will last a lifetime when you can buy the same item cheaply made for $10, use it for a year, discard it and buy another for $10? We are a wasteful society driven by bottom line.
 
I don't understand how anyone can defend this.

Defend what? Defend the fact that welfare promotes a class of citizens that have no wealth and instead subsist on the the good graces of others? Or defend that the political parties have colluded with the corporations to off-shore and on-shore our jobs to foreign workers?
 
So, we all should go to Communism?

So you drive a Volkswagen?
Yes...that has about as much relevancy to this thread as your question.

Nope. 2007 Hyundai Sonata. And you still haven't answered my question.

9 Out Of 10 Americans Are Completely Wrong About This Mind-Blowing Fact - YouTube

Check out this video. What we believe is reality in wealth distribution isn't even close. The top 1% own 40% of the nations wealth while the bottom 80% own 7% of our nations wealth. 7%!

I don't understand how anyone can defend this.

I guess the bottom 80% need to start saving more.

Indeed.

The thing is...if 80% only own 7%of the wealth...they HAVE to shop at the cheapest place possible.

Our economy will never recover if the majority of the population doesn't have money in their pockets to spend. When they spend everything they have(and then some ofttimes) just to eke out a life, there is no money left to move the economy in any significant manner.

This country is way too top heavy.

How about you people get better jobs then instead of forcing rich people to give their money over to the poor. Again, answer my question people, should we go over to an Communism system since some people here are to lazy to get themselves out of the hole? No one is asking you to have kids and go to college and be 40K in the hole tuition wise, + 25K extra because you wanted to live out on your own, god forbid you STAY HOME and want to take that annual sex and drinking trip to Cancun.

It's hard to save what you don't have.

I used to be a financial adviser and everyone and I do mean everyone can find some money to save every month they just don't have the desire to do so.

Not true, but thanks for playing.

Good grief, use your brains. How do you save money when you don't even make enough to cover expenses? When you end up at the food bank at the end of the month because there isn't enough food? Or do you believe they should go to the food bank the whole month and save THAT money?


Use yours first. Don't get into massive debt first and you won't have that problem. 2nd, Go get a decent job. And if you can't, shut up and deal with it. I been on both sides. My parents had real decent jobs at one time and then I been on the other side where we almost lost our house TWICE, once of which was years BEFORE the recession began. So I know how it feels to be middle class and dirt poor.


It's call a slight amount of luck, yes, but mostly go get a fricking job and work though your problems. With enough time you see how much good crap you can do.
 
How about you people get better jobs then instead of forcing rich people to give their money over to the poor.

So easy to type that line, isn't it?

Tell us how poor people are supposed to just go out and "get better jobs" when every obstacle is thrown in their way?

Start with education.

Inner-city poor kids have no choice but to go to a poorly funded, poorly run, apathetic crap school. They don't have the money to go to a private school. They don't get the grades to get into a decent college and if they do have the grades, they don't have the money. Their only choice upon graduating high school (if they make it that far) is the minimum wage job.

It takes money to make money in this country.
 
I don't understand how anyone can defend this.

Defend what? Defend the fact that welfare promotes a class of citizens that have no wealth and instead subsist on the the good graces of others? Or defend that the political parties have colluded with the corporations to off-shore and on-shore our jobs to foreign workers?

both.
 
How about you people get better jobs then instead of forcing rich people to give their money over to the poor.

So easy to type that line, isn't it?

Tell us how poor people are supposed to just go out and "get better jobs" when every obstacle is thrown in their way?

Start with education.

Inner-city poor kids have no choice but to go to a poorly funded, poorly run, apathetic crap school. They don't have the money to go to a private school. They don't get the grades to get into a decent college and if they do have the grades, they don't have the money. Their only choice upon graduating high school (if they make it that far) is the minimum wage job.

It takes money to make money in this country.

The reality is that today a college education costs more and doesn't provide the wages or the job availability it once did.
 
How about you people get better jobs then instead of forcing rich people to give their money over to the poor.

So easy to type that line, isn't it?

Tell us how poor people are supposed to just go out and "get better jobs" when every obstacle is thrown in their way?

Start with education.

Inner-city poor kids have no choice but to go to a poorly funded, poorly run, apathetic crap school. They don't have the money to go to a private school. They don't get the grades to get into a decent college and if they do have the grades, they don't have the money. Their only choice upon graduating high school (if they make it that far) is the minimum wage job.

It takes money to make money in this country.

His answer does not resolve the problem. With 40% of Americans controlling 2 tenths of a percent of the wealth, getting a better job is not a solution. 40% of Americans cannot get better jobs. They are not there

The question is....Why do we continue government policies that help those Americans who control most of the wealth? Aren't they doing well enough already?
 
How about you people get better jobs then instead of forcing rich people to give their money over to the poor.

So easy to type that line, isn't it?

Tell us how poor people are supposed to just go out and "get better jobs" when every obstacle is thrown in their way?

Start with education.

Inner-city poor kids have no choice but to go to a poorly funded, poorly run, apathetic crap school. They don't have the money to go to a private school. They don't get the grades to get into a decent college and if they do have the grades, they don't have the money. Their only choice upon graduating high school (if they make it that far) is the minimum wage job.

It takes money to make money in this country.

His answer does not resolve the problem. With 40% of Americans controlling 2 tenths of a percent of the wealth, getting a better job is not a solution. 40% of Americans cannot get better jobs. They are not there

The question is....Why do we continue government policies that help those Americans who control most of the wealth? Aren't they doing well enough already?

Of course they are. They are doing so well that they own our government.
 
How about you people get better jobs then instead of forcing rich people to give their money over to the poor.

So easy to type that line, isn't it?

Tell us how poor people are supposed to just go out and "get better jobs" when every obstacle is thrown in their way?

Start with education.

Inner-city poor kids have no choice but to go to a poorly funded, poorly run, apathetic crap school. They don't have the money to go to a private school. They don't get the grades to get into a decent college and if they do have the grades, they don't have the money. Their only choice upon graduating high school (if they make it that far) is the minimum wage job.

It takes money to make money in this country.

So easy to type this paragraph isn't it?

Now, why is it they don't get better grades than most people? I can't imagine why. Wait, I do, erase that.

No, it necessary doesn't. People need to stop asking for hand outs and start working. "Well, there no good jobs out there!"

Well yeah, no crap. It's called We getting over an recession so of course it's going to be tough out there. People today are lazy.
 
That is what clueless buyers do.
Americans have lost all sense of the word "value" and place no importance on community and do NOT pause for one instant to consider the ramifications of their shopping choices.
Obviously you have never traveled outside of America. Many European communities have refused big box stores. In fact, I would wager most.

I totally agree with iamwhatiseem.

If American shoppers bought American products - even if they cost 10% more - your economy would be massively better off.

I don't think people need to become crazy evanglists and boycott Chinese products, but choosing an American wine over a Spanish one, or American fruit over Guatemalan helps keep your own people in jobs.

I buy Finnish products whenever I can - which is why I have a Nokia phone!

Amen. But again, people think we to poor, yet they what American jobs.... Yep! Makes REAL sense! Buy foreign, then cry like babies when there are no US jobs!
 
So, we all should go to Communism?

Communism would be an overreach

What we need to do is examine the policies that enable the wealthy to accumulate and protect more wealth while inhibiting the wealth of working Americans.

Given the overwhelming amount of wealth controlled by such a small percentage, why do we continue policies that encourage more wealth to be concentrated there?

Still waiting for "Trickle Down"???

You dont havve a job do ya? just waiting on some trickle down from the gubmint
 
How about you people get better jobs then instead of forcing rich people to give their money over to the poor.

So easy to type that line, isn't it?

Tell us how poor people are supposed to just go out and "get better jobs" when every obstacle is thrown in their way?

Start with education.

Inner-city poor kids have no choice but to go to a poorly funded, poorly run, apathetic crap school. They don't have the money to go to a private school. They don't get the grades to get into a decent college and if they do have the grades, they don't have the money. Their only choice upon graduating high school (if they make it that far) is the minimum wage job.

It takes money to make money in this country.

His answer does not resolve the problem. With 40% of Americans controlling 2 tenths of a percent of the wealth, getting a better job is not a solution. 40% of Americans cannot get better jobs. They are not there

The question is....Why do we continue government policies that help those Americans who control most of the wealth? Aren't they doing well enough already?

Education is only one of many of those government policies designed to keep poor people poor and let the rich continue to get richer. Just about everything we do on a daily basis puts money in the top 1% pockets and any attempt to halt the flow of money to the 1% earns you the socialist label.
 
How about you people get better jobs then instead of forcing rich people to give their money over to the poor.

So easy to type that line, isn't it?

Tell us how poor people are supposed to just go out and "get better jobs" when every obstacle is thrown in their way?

Start with education.

Inner-city poor kids have no choice but to go to a poorly funded, poorly run, apathetic crap school. They don't have the money to go to a private school. They don't get the grades to get into a decent college and if they do have the grades, they don't have the money. Their only choice upon graduating high school (if they make it that far) is the minimum wage job.

It takes money to make money in this country.

So easy to type this paragraph isn't it?

Now, why is it they don't get better grades than most people? I can't imagine why. Wait, I do, erase that.

No, it necessary doesn't. People need to stop asking for hand outs and start working. "Well, there no good jobs out there!"

Well yeah, no crap. It's called We getting over an recession so of course it's going to be tough out there. People today are lazy.

We are not talking about a handful of people to get better jobs. We are talking about 40% of the population. Their problem is that their pay and benefits have been stagnant (or decreasing) for over a decade while the wealthiest 1% accumulates more wealth
 
I don't understand how anyone can defend this.

Defend what? Defend the fact that welfare promotes a class of citizens that have no wealth and instead subsist on the the good graces of others? Or defend that the political parties have colluded with the corporations to off-shore and on-shore our jobs to foreign workers?

both.

I doubt anyone would defend said acts. The pubs and democrats (party of two evils) is to blame and no one will defend what they have done, voters and politicians included. Me, I'm a libertarian easy to fire arrows at both sides. Folks voting against democrats and against republicans... by voting for the worst candidates, yeah those are to blame.. or are they?

The state of the wealth distribution is, in part, a result of welfare and jobs. That no politicians will fight welfare distribution or job exporting/importing is based on... how we vote. What's broke? How we vote.

How is that broke? Two issues. One is the voting system itself results in the worst candidates being selected. How? The primary system is one in which if you have 1 socialist running against 10 conservatives for republican the socialist wins because the conservatives split their vote among the 10 conservatives. Same for President... 12 candidates 1 vote results in people being convinced they have to vote for one of the two front runners or their vote will be wasted on the "other" guy. We should be able to order our vote. For example, my vote should be able to go for the libertarian and if he does not get 50.0001% then my vote should be able to go to the next candidate of my choosing and so on until the vote is attributed to the last of my choices. As another, example my vote there should be a run off election for the candidates receiving the two highest number of votes when at least one of the candidates does not achieve a majority.

In this fashion, we could pick the "best" candidate vs. the one we are told we have to pick so that our "worst" candidate does not win.
 
Let's see, the world according to you-tube says that the top 1% owns 40% of America's wealth and the bottom 80% own 7%. It must mean the middle class own 53% of America's wealth. That's a pretty good deal even for whiny neo-socialists ain't it?

Do you really believe people making $millions are in the middle class?

The middle class is part of the 80% that own only 7% of our wealth. The top 20%, the rich own 93% of our wealth and the top 1% of them owns 40% of our wealth.

I'm beginning to think math isn't your strong point. Did you even watch the video?

You still haven't told me how another's wealth diminishes your capability to accumulate wealth.

If your net worth, a measure of wealth, goes up it does not mean someone else's goes down. Conversely if another's net worth increases yours does not decrease.
The haves have always made it more difficult for the have nots to accumulate wealth. As any one who has built a fortune knows, it is the first million that's the hardest. Each successive million becomes easier and easier. The more wealth the wealthy have the more influence they have over both government and business and thus the more competitive they become compared to those that have less. So the rich get richer and poor get poorer.
 

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