Democrats Deny These Immigration Truths

the ui rate times the number of people applying for unemployment compensation for simply being unemployed.

let's assume U6 numbers.

Okay, so how many people are going to, as you intend to, take welfare when you could work? I said I want to see your numbers.
Why wouldn't the least marketable, seek work the least. You miss the point about efficiency gains merely from self-selection.

That's not a number. Admit it, you really have no idea how much your wish would cost, do you?
how about U6 times the unemployment compensation wage? approximately fourteen dollars an hour equivalent with a fifteen dollar an hour minimum wage.

Still no numbers. How much would it cost to implement your dream? Include the inevitable rush of those earning just a bit more quitting their jobs and be sure to include the inevitable increases. You know, the wailing that no one can be expected to live on just that, prices have gone up, etc.

And stop calling it unemployment compensation wage. Unemployment compensation has a specific meaning that does not include people who can but will not work. Stop it.
junk bonds, not junk laws. how much do we need to raise? Here is a legitimate "vehicle" to help the rich get richer, and help the poor at the same time.

FDIC could cover it.

A general tax could cover the bond issue if necessary. It could be another relatively safe investment vehicle for any Firm.
 
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work for what?

Is it really that difficult for you to understand? The Free Ride failed millions of times, but you will probably never understand this...

why should the Poor work hard, if the Rich are going to get richer.

'Why should the poor work hard?' This is your first problem and if you cannot comprehend this you're a lost cause...

'if the Rich are going to get richer?' If you enjoy being a taker, then the path of mediocrity is what life will give you at best...
the rich can afford free rides. the right wing insists, the Poor are not worth it.

There are no free rides, you’re too far gone...
 
work for what?

Is it really that difficult for you to understand? The Free Ride failed millions of times, but you will probably never understand this...

why should the Poor work hard, if the Rich are going to get richer.

'Why should the poor work hard?' This is your first problem and if you cannot comprehend this you're a lost cause...

'if the Rich are going to get richer?' If you enjoy being a taker, then the path of mediocrity is what life will give you at best...
the rich can afford free rides. the right wing insists, the Poor are not worth it.

There are no free rides, you’re too far gone...
sure there is; it is called, equal protection of the law. free-riding on privileges and immunities established by the Rich, is what the concept entails.
 
it is a minimum wage not a maximum wage. the right wing has no valid argument; so they make up their own right wing fantasy.
The only good thing about minimum wage is that it fuels inflation, so unpayable debts get squeezed down to zero, such as subprime mortgages and student loans.
We socially engineered a middle class the world had never seen before.

CEOs made $3 million a year. They made something like 50x the average worker. Over the years CEOs haven’t raised wages to keep up with inflation. They’ve kept wages low then give all the VPs and CEOs and bods all the profits. Now the ceo makes 300x the average workers.

Wake up America

Not straightforward, because any legislation that you may want to invent against this x300 CEO pay will mostly fall on the heads of workers only, and the CEOs will be unaffected. You can see this failure in Europe these years.
Something could be done. We used to do those things but the rich fought back while we slept.

I believe there was a big tax above a certain amount. A tax on corporate greed

Or we could all unionize or boycott any companies that pay their employees less than they should. We could just shame corporations into doing the right thing.

People think affirmative action is dead but it’s alive and well. Now it’s called a diversity pledge.

Unions and diversity are a good thing, but it is not a good idea to touch taxes, because taxes always turn around to hit your pocket instead of any CEO.

How so? How would taxing a CEO's pay over $20 million hit my pocketbook?

Lets say CEO pay is out of control, which it is. What if we said anyone making over $20 million a year is taxed at 95% for every dollar over $20 million?

Then the CEO won't bother trying to get more than $20 million.

This will also keep the prices down because if the CEO gives himself or his employees a raise, they pass those costs onto consumers. So capping corporate greed would actually keep costs down and would not raise taxes.

Or how about no tax breaks for any company who pays their CEO more than 250 x the average worker? Then to give the CEO a raise when he already makes more than god, he has to also give the employees a raise too.

Top CEOs Make 300 Times More than Typical Workers: Pay Growth Surpasses Stock Gains and Wage Growth of Top 0.1 Percent
 
work for what?

Is it really that difficult for you to understand? The Free Ride failed millions of times, but you will probably never understand this...

why should the Poor work hard, if the Rich are going to get richer.

'Why should the poor work hard?' This is your first problem and if you cannot comprehend this you're a lost cause...

'if the Rich are going to get richer?' If you enjoy being a taker, then the path of mediocrity is what life will give you at best...
the rich can afford free rides. the right wing insists, the Poor are not worth it.

There are no free rides, you’re too far gone...
sure there is; it is called, equal protection of the law. free-riding on privileges and immunities established by the Rich, is what the concept entails.

You’re delusional and you want a Socialist Society...
 
work for what?

Is it really that difficult for you to understand? The Free Ride failed millions of times, but you will probably never understand this...

why should the Poor work hard, if the Rich are going to get richer.

'Why should the poor work hard?' This is your first problem and if you cannot comprehend this you're a lost cause...

'if the Rich are going to get richer?' If you enjoy being a taker, then the path of mediocrity is what life will give you at best...
the rich can afford free rides. the right wing insists, the Poor are not worth it.

There are no free rides, you’re too far gone...
sure there is; it is called, equal protection of the law. free-riding on privileges and immunities established by the Rich, is what the concept entails.

You’re delusional and you want a Socialist Society...
equality and equal protection of the law is, "delusional"? we have a Statue of Liberty.
 
Don’t all elected officials take an oath when they take office? And doesn’t this oath state that they will defend the constitution?


If that’s the case, why don’t the Dims want to defend this country against foreign invaders? Criminals who disobey the very laws they’ve enacted?


Now, Democrats are going to say, “Why is the government arresting hardworking immigrants? They are just seeking a better way of life.” Well, this is a simple, twofold answer. One, they are not here legally. Two, and just as important, they are taking jobs that hardworking Americans do not have access to.

Let’s hope that Trump is successful before Christmas in getting the wall funded. And let’s hope Congress finally gets its act together and remembers the meaning of that oath that they all took.

More @ Democrats Deny These Immigration Truths

Nancys-Wall-600-LI.jpg

Here is a deal Republicans should be interested in. If Trump gets re elected, we build the wall. Sound like a deal?

Why? He was already elected once on building the wall, why do it again?

~~~~~~
Because Trump has done more for this nation in economics, national Security and individual employment than Obama id in eight years. BTW, Congress just gave Trump the 5.8 Billion he has been asking for......

When Trump signs the legislation outlawing your weapons, you will understand the real cost of that idiotic wall.

So now you're claiming that Trump will violate the Constitution like Democrats have been doing for years?

Bluse-Wave-600-LI-594x425.jpg
 
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Why do you insist on locking the poor into $15/hr? Do you hate them that much? It'd be better for them to work their way up to much more than be stuck with you at the bottom. This may surprise you, but a lot of people would prefer to earn more through work than what they can get from the taxpayers.
why would they get stuck at the bottom?

Because you don't think they should work to earn more. Don't you ever read your own spew?
it is a minimum wage not a maximum wage. the right wing has no valid argument; so they make up their own right wing fantasy.
The only good thing about minimum wage is that it fuels inflation, so unpayable debts get squeezed down to zero, such as subprime mortgages and student loans.
we are also discussing solving simple poverty on an at-will basis in our at-will employment States for simply being unemployed.

how much growth do we want.

The idea of solving poverty is as bankrupt as wanting to solve a 5th degree polynomial. Mathematically proven impossible.

Any attempt to solve it makes it exponentially worse and painful. That is how much growth we get. How much of it do we want? I hope zero.
 
why would they get stuck at the bottom?

Because you don't think they should work to earn more. Don't you ever read your own spew?
it is a minimum wage not a maximum wage. the right wing has no valid argument; so they make up their own right wing fantasy.
The only good thing about minimum wage is that it fuels inflation, so unpayable debts get squeezed down to zero, such as subprime mortgages and student loans.
we are also discussing solving simple poverty on an at-will basis in our at-will employment States for simply being unemployed.

how much growth do we want.

The idea of solving poverty is as bankrupt as wanting to solve a 5th degree polynomial. Mathematically proven impossible.

Any attempt to solve it makes it exponentially worse and painful. That is how much growth we get. How much of it do we want? I hope zero.
nothing but right wing propaganda. poverty can be ameliorated; poor cannot be solved. there is a whole and entire world of difference.
 
The only good thing about minimum wage is that it fuels inflation, so unpayable debts get squeezed down to zero, such as subprime mortgages and student loans.
We socially engineered a middle class the world had never seen before.

CEOs made $3 million a year. They made something like 50x the average worker. Over the years CEOs haven’t raised wages to keep up with inflation. They’ve kept wages low then give all the VPs and CEOs and bods all the profits. Now the ceo makes 300x the average workers.

Wake up America

Not straightforward, because any legislation that you may want to invent against this x300 CEO pay will mostly fall on the heads of workers only, and the CEOs will be unaffected. You can see this failure in Europe these years.
Something could be done. We used to do those things but the rich fought back while we slept.

I believe there was a big tax above a certain amount. A tax on corporate greed

Or we could all unionize or boycott any companies that pay their employees less than they should. We could just shame corporations into doing the right thing.

People think affirmative action is dead but it’s alive and well. Now it’s called a diversity pledge.

Unions and diversity are a good thing, but it is not a good idea to touch taxes, because taxes always turn around to hit your pocket instead of any CEO.

How so? How would taxing a CEO's pay over $20 million hit my pocketbook?

Lets say CEO pay is out of control, which it is. What if we said anyone making over $20 million a year is taxed at 95% for every dollar over $20 million?

Then the CEO won't bother trying to get more than $20 million.

This will also keep the prices down because if the CEO gives himself or his employees a raise, they pass those costs onto consumers. So capping corporate greed would actually keep costs down and would not raise taxes.

Or how about no tax breaks for any company who pays their CEO more than 250 x the average worker? Then to give the CEO a raise when he already makes more than god, he has to also give the employees a raise too.

Top CEOs Make 300 Times More than Typical Workers: Pay Growth Surpasses Stock Gains and Wage Growth of Top 0.1 Percent

I think only the 250x idea is workable. But I am not sure even in that.

It is a historic fact that every single tax legislation that has ever existed on the rich, it turned around and within a few years it was mostly a tax on the middle class and not on the rich. Most notably the alternative minimum tax. A lot of times this happens by clever and partial manipulation of inflation but by many other means too. So tax laws are not the way to go.
 
Because you don't think they should work to earn more. Don't you ever read your own spew?
it is a minimum wage not a maximum wage. the right wing has no valid argument; so they make up their own right wing fantasy.
The only good thing about minimum wage is that it fuels inflation, so unpayable debts get squeezed down to zero, such as subprime mortgages and student loans.
we are also discussing solving simple poverty on an at-will basis in our at-will employment States for simply being unemployed.

how much growth do we want.

The idea of solving poverty is as bankrupt as wanting to solve a 5th degree polynomial. Mathematically proven impossible.

Any attempt to solve it makes it exponentially worse and painful. That is how much growth we get. How much of it do we want? I hope zero.
nothing but right wing propaganda. poverty can be ameliorated; poor cannot be solved. there is a whole and entire world of difference.
No because both mathematically and physically the elimination of poverty is slavery. You may intend to feed your slaves well and keep them happy, but that is still worse than starving in poverty.
 
it is a minimum wage not a maximum wage. the right wing has no valid argument; so they make up their own right wing fantasy.
The only good thing about minimum wage is that it fuels inflation, so unpayable debts get squeezed down to zero, such as subprime mortgages and student loans.
we are also discussing solving simple poverty on an at-will basis in our at-will employment States for simply being unemployed.

how much growth do we want.

The idea of solving poverty is as bankrupt as wanting to solve a 5th degree polynomial. Mathematically proven impossible.

Any attempt to solve it makes it exponentially worse and painful. That is how much growth we get. How much of it do we want? I hope zero.
nothing but right wing propaganda. poverty can be ameliorated; poor cannot be solved. there is a whole and entire world of difference.
No because both mathematically and physically the elimination of poverty is slavery. You may intend to feed your slaves well and keep them happy, but that is still worse than starving in poverty.
nothing but propaganda?

employment is at the will of either party, not wage-slavery.
 
The only good thing about minimum wage is that it fuels inflation, so unpayable debts get squeezed down to zero, such as subprime mortgages and student loans.
we are also discussing solving simple poverty on an at-will basis in our at-will employment States for simply being unemployed.

how much growth do we want.

The idea of solving poverty is as bankrupt as wanting to solve a 5th degree polynomial. Mathematically proven impossible.

Any attempt to solve it makes it exponentially worse and painful. That is how much growth we get. How much of it do we want? I hope zero.
nothing but right wing propaganda. poverty can be ameliorated; poor cannot be solved. there is a whole and entire world of difference.
No because both mathematically and physically the elimination of poverty is slavery. You may intend to feed your slaves well and keep them happy, but that is still worse than starving in poverty.
nothing but propaganda?

employment is at the will of either party, not wage-slavery.

I think we need to ask the other posters here whose English is worse, mine or yours. I must admit that I have to learn more English to write properly. But I can't understand a word of your post here.

Employment is at will of either party? No party is interested in employment, they are interested in votes. The democrats are at an advantage because the more people they put into helpless government bondage, the more votes they naturally extort.

Wage slavery? When you control every aspect of everybody's life through taxation, then that is slavery, wage or no wage.
 
Is it really that difficult for you to understand? The Free Ride failed millions of times, but you will probably never understand this...

'Why should the poor work hard?' This is your first problem and if you cannot comprehend this you're a lost cause...

'if the Rich are going to get richer?' If you enjoy being a taker, then the path of mediocrity is what life will give you at best...
the rich can afford free rides. the right wing insists, the Poor are not worth it.

There are no free rides, you’re too far gone...
sure there is; it is called, equal protection of the law. free-riding on privileges and immunities established by the Rich, is what the concept entails.

You’re delusional and you want a Socialist Society...
equality and equal protection of the law is, "delusional"? we have a Statue of Liberty.

Equal protection of law is not going to solve someones desires or passion to succeed, yes you're delusional, naive and basically ill informed, but hey that appears to be nothing new for you Daniel...
 
We socially engineered a middle class the world had never seen before.

CEOs made $3 million a year. They made something like 50x the average worker. Over the years CEOs haven’t raised wages to keep up with inflation. They’ve kept wages low then give all the VPs and CEOs and bods all the profits. Now the ceo makes 300x the average workers.

Wake up America

Not straightforward, because any legislation that you may want to invent against this x300 CEO pay will mostly fall on the heads of workers only, and the CEOs will be unaffected. You can see this failure in Europe these years.
Something could be done. We used to do those things but the rich fought back while we slept.

I believe there was a big tax above a certain amount. A tax on corporate greed

Or we could all unionize or boycott any companies that pay their employees less than they should. We could just shame corporations into doing the right thing.

People think affirmative action is dead but it’s alive and well. Now it’s called a diversity pledge.

Unions and diversity are a good thing, but it is not a good idea to touch taxes, because taxes always turn around to hit your pocket instead of any CEO.

How so? How would taxing a CEO's pay over $20 million hit my pocketbook?

Lets say CEO pay is out of control, which it is. What if we said anyone making over $20 million a year is taxed at 95% for every dollar over $20 million?

Then the CEO won't bother trying to get more than $20 million.

This will also keep the prices down because if the CEO gives himself or his employees a raise, they pass those costs onto consumers. So capping corporate greed would actually keep costs down and would not raise taxes.

Or how about no tax breaks for any company who pays their CEO more than 250 x the average worker? Then to give the CEO a raise when he already makes more than god, he has to also give the employees a raise too.

Top CEOs Make 300 Times More than Typical Workers: Pay Growth Surpasses Stock Gains and Wage Growth of Top 0.1 Percent

I think only the 250x idea is workable. But I am not sure even in that.

It is a historic fact that every single tax legislation that has ever existed on the rich, it turned around and within a few years it was mostly a tax on the middle class and not on the rich. Most notably the alternative minimum tax. A lot of times this happens by clever and partial manipulation of inflation but by many other means too. So tax laws are not the way to go.

It worked before. Back when CEO's made $3 million and that was a lot of money, the robber barons tried to get greedy. Long story short, we taxed anyone making over $3 million 95% on every dollar above $3 million. So CEO's stopped trying to be greedy. Instead they invested that money back into the company. Or gave raises. Or stockholders got bonus' instead.

I like the idea of starting an online union. Anyone can join. And we shame companies and we boycott companies and we don't buy from companies who show themselves to be bad actors.

Over the entire period from 1978 to 2014, CEO compensation increased about 997 percent, a rise almost double stock market growth and substantially greater than the painfully slow 10.9 percent growth in a typical worker’s compensation over the same period.

If you examine close you'll see this is because of Republican policies. Break the unions, and to deregulate industry blablabla.

Just don't blame Democrats for why the middle class is disappearing and the gap between the rich and poor is getting wider. It's Republicans who defend CEO pay and who say nothing can be done so don't bother.
 
why would they get stuck at the bottom?

Because you don't think they should work to earn more. Don't you ever read your own spew?
it is a minimum wage not a maximum wage. the right wing has no valid argument; so they make up their own right wing fantasy.
The only good thing about minimum wage is that it fuels inflation, so unpayable debts get squeezed down to zero, such as subprime mortgages and student loans.
we are also discussing solving simple poverty on an at-will basis in our at-will employment States for simply being unemployed.

how much growth do we want.

The idea of solving poverty is as bankrupt as wanting to solve a 5th degree polynomial. Mathematically proven impossible.

Any attempt to solve it makes it exponentially worse and painful. That is how much growth we get. How much of it do we want? I hope zero.

I love it when people say "nothing can be done about it". But I just showed you how from 1974-Now things started getting worse. What happened in 1973 that changed the game? Was it deregulations of something that should have been regulated? Was it bills passed in Congress that changed the way things worked? Was it tax breaks to the rich?

Something must have been done to make the gap between the rich and poor grow. So why can't something be done to shrink it?

The next thing Republicans will argue is that there is nothing wrong with the growing gap between the rich and rest of us. We all know that's a lie.
 
We socially engineered a middle class the world had never seen before.

CEOs made $3 million a year. They made something like 50x the average worker. Over the years CEOs haven’t raised wages to keep up with inflation. They’ve kept wages low then give all the VPs and CEOs and bods all the profits. Now the ceo makes 300x the average workers.

Wake up America

Not straightforward, because any legislation that you may want to invent against this x300 CEO pay will mostly fall on the heads of workers only, and the CEOs will be unaffected. You can see this failure in Europe these years.
Something could be done. We used to do those things but the rich fought back while we slept.

I believe there was a big tax above a certain amount. A tax on corporate greed

Or we could all unionize or boycott any companies that pay their employees less than they should. We could just shame corporations into doing the right thing.

People think affirmative action is dead but it’s alive and well. Now it’s called a diversity pledge.

Unions and diversity are a good thing, but it is not a good idea to touch taxes, because taxes always turn around to hit your pocket instead of any CEO.

How so? How would taxing a CEO's pay over $20 million hit my pocketbook?

Lets say CEO pay is out of control, which it is. What if we said anyone making over $20 million a year is taxed at 95% for every dollar over $20 million?

Then the CEO won't bother trying to get more than $20 million.

This will also keep the prices down because if the CEO gives himself or his employees a raise, they pass those costs onto consumers. So capping corporate greed would actually keep costs down and would not raise taxes.

Or how about no tax breaks for any company who pays their CEO more than 250 x the average worker? Then to give the CEO a raise when he already makes more than god, he has to also give the employees a raise too.

Top CEOs Make 300 Times More than Typical Workers: Pay Growth Surpasses Stock Gains and Wage Growth of Top 0.1 Percent

I think only the 250x idea is workable. But I am not sure even in that.

It is a historic fact that every single tax legislation that has ever existed on the rich, it turned around and within a few years it was mostly a tax on the middle class and not on the rich. Most notably the alternative minimum tax. A lot of times this happens by clever and partial manipulation of inflation but by many other means too. So tax laws are not the way to go.
Do you know when Republicans started telling us there is nothing we can do about out of control CEO pay? It was right around 1978. LOL

Over the entire period from 1978 to 2014, CEO compensation increased about 997 percent, a rise almost double stock market growth and substantially greater than the painfully slow 10.9 percent growth in a typical worker’s compensation over the same period.
 
Not straightforward, because any legislation that you may want to invent against this x300 CEO pay will mostly fall on the heads of workers only, and the CEOs will be unaffected. You can see this failure in Europe these years.
Something could be done. We used to do those things but the rich fought back while we slept.

I believe there was a big tax above a certain amount. A tax on corporate greed

Or we could all unionize or boycott any companies that pay their employees less than they should. We could just shame corporations into doing the right thing.

People think affirmative action is dead but it’s alive and well. Now it’s called a diversity pledge.

Unions and diversity are a good thing, but it is not a good idea to touch taxes, because taxes always turn around to hit your pocket instead of any CEO.

How so? How would taxing a CEO's pay over $20 million hit my pocketbook?

Lets say CEO pay is out of control, which it is. What if we said anyone making over $20 million a year is taxed at 95% for every dollar over $20 million?

Then the CEO won't bother trying to get more than $20 million.

This will also keep the prices down because if the CEO gives himself or his employees a raise, they pass those costs onto consumers. So capping corporate greed would actually keep costs down and would not raise taxes.

Or how about no tax breaks for any company who pays their CEO more than 250 x the average worker? Then to give the CEO a raise when he already makes more than god, he has to also give the employees a raise too.

Top CEOs Make 300 Times More than Typical Workers: Pay Growth Surpasses Stock Gains and Wage Growth of Top 0.1 Percent

I think only the 250x idea is workable. But I am not sure even in that.

It is a historic fact that every single tax legislation that has ever existed on the rich, it turned around and within a few years it was mostly a tax on the middle class and not on the rich. Most notably the alternative minimum tax. A lot of times this happens by clever and partial manipulation of inflation but by many other means too. So tax laws are not the way to go.

It worked before. Back when CEO's made $3 million and that was a lot of money, the robber barons tried to get greedy. Long story short, we taxed anyone making over $3 million 95% on every dollar above $3 million. So CEO's stopped trying to be greedy. Instead they invested that money back into the company. Or gave raises. Or stockholders got bonus' instead.

I like the idea of starting an online union. Anyone can join. And we shame companies and we boycott companies and we don't buy from companies who show themselves to be bad actors.

Over the entire period from 1978 to 2014, CEO compensation increased about 997 percent, a rise almost double stock market growth and substantially greater than the painfully slow 10.9 percent growth in a typical worker’s compensation over the same period.

If you examine close you'll see this is because of Republican policies. Break the unions, and to deregulate industry blablabla.

Just don't blame Democrats for why the middle class is disappearing and the gap between the rich and poor is getting wider. It's Republicans who defend CEO pay and who say nothing can be done so don't bother.

VERY interesting data, especially the 997 %. But it is impossible to fight this with taxation laws. Taxation laws may have worked in the 20th century, but when you have global connectivity and instant access to everything, then there is no longer the friction that such protection is based on.

Utopistic, but a precondition of having employees then a capped leverage on their wages could be an angle of attack like you suggested earlier. This is shaky too though because then the next legislation will be to remove the precondition of having employees and plunging every entrepreneur into a tax nightmare. As usual.

Not reducing capital gains taxes is an incentive not to cash out of a company. That is good for the company as well as for the employees.

What the CEO income increase really means is the emergence of a new world, namely computer networks. The middle class and it's protective mechanisms, such as unions and industry regulations are like stage coach horses arguing against the salesmen of a bus company.

The big mathematical question is whether we horses will be all up rated for race track and saved or disappear in sausage factories to feed the bus driver.

Some countries, where the middle class has already imploded, such as Great Britain, we can observe very unexpected national behavior. We Americans do have an advantage though. We are not all socialized socialists just yet, so we have a last resort called the Bible. Not a part of economics as a subject, but so far no academic or public office has been interested to solve this problem.
 
Because you don't think they should work to earn more. Don't you ever read your own spew?
it is a minimum wage not a maximum wage. the right wing has no valid argument; so they make up their own right wing fantasy.
The only good thing about minimum wage is that it fuels inflation, so unpayable debts get squeezed down to zero, such as subprime mortgages and student loans.
we are also discussing solving simple poverty on an at-will basis in our at-will employment States for simply being unemployed.

how much growth do we want.

The idea of solving poverty is as bankrupt as wanting to solve a 5th degree polynomial. Mathematically proven impossible.

Any attempt to solve it makes it exponentially worse and painful. That is how much growth we get. How much of it do we want? I hope zero.

I love it when people say "nothing can be done about it". But I just showed you how from 1974-Now things started getting worse. What happened in 1973 that changed the game? Was it deregulations of something that should have been regulated? Was it bills passed in Congress that changed the way things worked? Was it tax breaks to the rich?

Something must have been done to make the gap between the rich and poor grow. So why can't something be done to shrink it?

The next thing Republicans will argue is that there is nothing wrong with the growing gap between the rich and rest of us. We all know that's a lie.
In 1973, I think the logic was that they needed to increase the gap between the rich and the poor in order to fight against the Soviet Union.
 
Not straightforward, because any legislation that you may want to invent against this x300 CEO pay will mostly fall on the heads of workers only, and the CEOs will be unaffected. You can see this failure in Europe these years.
Something could be done. We used to do those things but the rich fought back while we slept.

I believe there was a big tax above a certain amount. A tax on corporate greed

Or we could all unionize or boycott any companies that pay their employees less than they should. We could just shame corporations into doing the right thing.

People think affirmative action is dead but it’s alive and well. Now it’s called a diversity pledge.

Unions and diversity are a good thing, but it is not a good idea to touch taxes, because taxes always turn around to hit your pocket instead of any CEO.

How so? How would taxing a CEO's pay over $20 million hit my pocketbook?

Lets say CEO pay is out of control, which it is. What if we said anyone making over $20 million a year is taxed at 95% for every dollar over $20 million?

Then the CEO won't bother trying to get more than $20 million.

This will also keep the prices down because if the CEO gives himself or his employees a raise, they pass those costs onto consumers. So capping corporate greed would actually keep costs down and would not raise taxes.

Or how about no tax breaks for any company who pays their CEO more than 250 x the average worker? Then to give the CEO a raise when he already makes more than god, he has to also give the employees a raise too.

Top CEOs Make 300 Times More than Typical Workers: Pay Growth Surpasses Stock Gains and Wage Growth of Top 0.1 Percent

I think only the 250x idea is workable. But I am not sure even in that.

It is a historic fact that every single tax legislation that has ever existed on the rich, it turned around and within a few years it was mostly a tax on the middle class and not on the rich. Most notably the alternative minimum tax. A lot of times this happens by clever and partial manipulation of inflation but by many other means too. So tax laws are not the way to go.
Do you know when Republicans started telling us there is nothing we can do about out of control CEO pay? It was right around 1978. LOL

Over the entire period from 1978 to 2014, CEO compensation increased about 997 percent, a rise almost double stock market growth and substantially greater than the painfully slow 10.9 percent growth in a typical worker’s compensation over the same period.

If republicans programmed your brain by repeating that nothing can be done against CEO increases, then they succeeded, because the only thing that the usual limited democrat brain can come up with is more taxes which is very easy for any republican to turn around and burn any democrat to the ground with.
 

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