Fixing Inequality

[hazlnut]

cut everyone's taxes 5% and cut spending on education

Because we're not far enough behind the rest of the industrialized world.

No reason the wealthiest nation should be good anything like math or science. We got tractor pulls and rodeos!!

 

[The Rabbi]

There you go again. It's very, very obvious it is you who can't read charts.
These charts were put together by experts and economists explaining exactly what I'm posting.
Accusing me with having the inability to read charts that have an obvious story is your way of deflecting facts.

OK, I figured you would just ignore it,but no.
SO, Mr Smart Guy, please explain exactly what is shown in each chart and how it supports your thesis.

I've wasted my time explaining charts in the past. You refuse "to get it" because you just plain don't want to.
I have a job, I don't have the time like some folks, to sit on USMB all day and try to explain something to someone like yourself. I take it you never completed college.

Translation: I really can't explain all those lines and stuff but it must mean what I think.
Yeah, guy, I have far more education than you could dream of.

 

[The Rabbi]

The only ones responsible for 'fixing inequality' are those who feel that they are not getting what they want or deserve...

The government is not there to take more from one to either give to you or have you pay a reduced rate for the same services, every time you have a tear in your eye because it makes you feel bad that you are not getting as much as the next guy

well that too, but the article is talking about Governments involvement in our economy

Actually, exportation of jobs is a direct result of capitalism==> labor is treated as a mere commodity, and is priced accordingly. The cheapest stock is purchased when no regulation exists that prevents it. This isn't rocket science.

The best thing the government can do is abandon it's pro-corporate "low inflation" philosophy and adopt a pro-worker "full employment" philosophy. That should be apparent to everyone, but for some reason it isn't.

What should labor be treated as? Isn't capital treated as a "mere commodity" as well, and priced transparently to boot?
The Soviet Union had a full employment policy. Doubtless you'd like to go back to that.

 

[Freemason9]

The govt has no biz in helping people get healthcare; rather, it's properly allocated to private markets.

No, that's wrong--and I have no idea why you choose to believe and promote that.

 

[Freemason9]

well that too, but the article is talking about Governments involvement in our economy

Actually, exportation of jobs is a direct result of capitalism==> labor is treated as a mere commodity, and is priced accordingly. The cheapest stock is purchased when no regulation exists that prevents it. This isn't rocket science.

The best thing the government can do is abandon it's pro-corporate "low inflation" philosophy and adopt a pro-worker "full employment" philosophy. That should be apparent to everyone, but for some reason it isn't.

What should labor be treated as? Isn't capital treated as a "mere commodity" as well, and priced transparently to boot?
The Soviet Union had a full employment policy. Doubtless you'd like to go back to that.

Labor is EVERYTHING. Everything you see around you is created by labor--every road, every pencil, every magazine, every CD, EVERYTHING. All wealth is created by--and ONLY BY--the labor of productive workers. It would seem fundamental, then, that labor should decide how the resultant profit is distributed.

And eventually, that will be how things evolve economically; remember, feudalism used to be the prevailing economic practice.

ALSO, the former USSR was a military dictatorship that talked of socialism but practiced totalitarianism. That is indisputable.

 

[bendog]

The govt has no biz in helping people get healthcare; rather, it's properly allocated to private markets.

No, that's wrong--and I have no idea why you choose to believe and promote that.

I was being sarcastic as to the OP

 

[kiwiman127]

OK, I figured you would just ignore it,but no.
SO, Mr Smart Guy, please explain exactly what is shown in each chart and how it supports your thesis.

I've wasted my time explaining charts in the past. You refuse "to get it" because you just plain don't want to.
I have a job, I don't have the time like some folks, to sit on USMB all day and try to explain something to someone like yourself. I take it you never completed college.

Translation: I really can't explain all those lines and stuff but it must mean what I think.
Yeah, guy, I have far more education than you could dream of.

OK Rabbi, what exactly needs explaining? Are you really that dense?
You pull the same shit every time, every time! I explain them and then you ask a dumb ass question that doesn't make sense. These charts are so simple that only an illiterate couldn't understand them.
As I have stated many times. There are some really many good minds on the right, however you aren't one of them

 

[kiwiman127]

You couldn't just say here's another take on it and then post the link from Forbes?
so what was wrong with the article from Breitbart?

Forbes is not liberal, it's conservative. Please go to Conservapedia Website's list of conservative media:
Conservative media - Conservapedia
What's wrong with Breitbart? It's nothing but far right opinion. It's as balanced as the HuffPost!

I subscribe to Forbes and it has very liberal articles in it.

Well, go cry to Conservapedia, in your little mind they have no idea what they are calling conservative media,,but you do!

 

[Bombur]

The only ones responsible for 'fixing inequality' are those who feel that they are not getting what they want or deserve...

The government is not there to take more from one to either give to you or have you pay a reduced rate for the same services, every time you have a tear in your eye because it makes you feel bad that you are not getting as much as the next guy

Income inequality on a personal level has nothing to do with changes in income inequality at a macro economic level.

The government has the responsibility to regulate trade.

 

[billyerock1991]

well?

SNIP:



by Peter Morici 15 Jan 2014 50 post a comment





America still produces one fifth of the world’s goods and services, but accounts for a much smaller share of global growth. Many U.S. products are no longer the best in class. Consequently, the economy can’t adequately employ many of its college graduates, and wages are stagnant or falling for ordinary folks.

America still has great strengths. High labor productivity, coupled with rising wages in Asia, makes American workers a good value for global investors. There is cheaper energy, thanks to the onshore oil boom, that should attract new factories, but the promised flood of new jobs has only been a trickle.

To put it simply, the bureaucratic quagmire created by complex and ineffective business regulations makes it easier to produce in Asia than in America. The highest corporate tax rates among major industrialized countries make the cost of investing here too high.

It is increasingly difficult to refine and efficiently move oil to California and the Northeast--gasoline costs too much in Monterrey as does heating oil in Massachusetts.

ALL of it here
Fixing Inequality

Breitbart? Doesn't anyone even think of using non-partisan resources for their news? I guess not.
The problem is the income growth is staying at the top. Wages are flat. Who determines wages? Who helped create this mess by shipping jobs out of the country?

Diamond Dave thinks "The only ones responsible for 'fixing inequality' are those who feel that they are not getting what they want or deserve..."
Surely Dave jests.
So it's the workers fault and the government's fault, right?
Yet, as productivity grew wages fell way behind. Yet when profits grew, wages remained generally flat. As taxes on Capital Gains and Dividends dropped, shipping jobs offshore grew. This all happened under deregulating Republicans and regulating Democrats.
The bottom line is this is not only hurting the US's most populated sector (the middle class/poor working classes, it's hurting the economy of America!
How Income Inequality Is Damaging the U.S.
How Income Inequality Is Damaging the U.S. - Forbes

Below are three charts dealing with worker productivity and wage growth, profit growth versus wage growth in Real Dollars and the off-shoring of American jobs.

You couldn't just say here's another take on it and then post the link from Forbes?
so what was wrong with the article from Breitbart?

they are biased as hell from the right, or they are down right liars ...told by the right ... that's why you post them Stephoney... if you can find something in the negative against the left, you post it as if its the truth .... 99% of your post come form these kind of bloggers... Breitbart is a far right, as far right as you can get a blogger ... where we are supposed to accept them as fact according to stephoney ... with out question ... good luck with that thinking

 

[Bombur]

The best way to fix inequality is by getting people back to work which means fixing the labor market. Throwing money at "job creators" doesn't work. It just creates a corrupt and over reaching government.

 

[The Rabbi]

Actually, exportation of jobs is a direct result of capitalism==> labor is treated as a mere commodity, and is priced accordingly. The cheapest stock is purchased when no regulation exists that prevents it. This isn't rocket science.

The best thing the government can do is abandon it's pro-corporate "low inflation" philosophy and adopt a pro-worker "full employment" philosophy. That should be apparent to everyone, but for some reason it isn't.

What should labor be treated as? Isn't capital treated as a "mere commodity" as well, and priced transparently to boot?
The Soviet Union had a full employment policy. Doubtless you'd like to go back to that.

Labor is EVERYTHING. Everything you see around you is created by labor--every road, every pencil, every magazine, every CD, EVERYTHING. All wealth is created by--and ONLY BY--the labor of productive workers. It would seem fundamental, then, that labor should decide how the resultant profit is distributed.

And eventually, that will be how things evolve economically; remember, feudalism used to be the prevailing economic practice.

ALSO, the former USSR was a military dictatorship that talked of socialism but practiced totalitarianism. That is indisputable.

And I guess the workers did it for free, using tools that just magically appeared, fashioning materials that were donated.
Yeah, you dont' know what the hell you're talking about, Karl.

 

[The Rabbi]

I've wasted my time explaining charts in the past. You refuse "to get it" because you just plain don't want to.
I have a job, I don't have the time like some folks, to sit on USMB all day and try to explain something to someone like yourself. I take it you never completed college.

Translation: I really can't explain all those lines and stuff but it must mean what I think.
Yeah, guy, I have far more education than you could dream of.

OK Rabbi, what exactly needs explaining? Are you really that dense?
You pull the same shit every time, every time! I explain them and then you ask a dumb ass question that doesn't make sense. These charts are so simple that only an illiterate couldn't understand them.
As I have stated many times. There are some really many good minds on the right, however you aren't one of them

It's pretty simple. I want you to look at the three graphs you posted and explain exactly what they show. It shoudln't be tough and shouldn't take mroe than 3-4 sentences.

 

[kiwiman127]

Translation: I really can't explain all those lines and stuff but it must mean what I think.
Yeah, guy, I have far more education than you could dream of.

OK Rabbi, what exactly needs explaining? Are you really that dense?
You pull the same shit every time, every time! I explain them and then you ask a dumb ass question that doesn't make sense. These charts are so simple that only an illiterate couldn't understand them.
As I have stated many times. There are some really many good minds on the right, however you aren't one of them

It's pretty simple. I want you to look at the three graphs you posted and explain exactly what they show. It shoudln't be tough and shouldn't take mroe than 3-4 sentences.

Amazing.
I bet you are the only person who read post # 4 and then saw the charts and didn't put everything together seamlessly.

 

[The Rabbi]

OK Rabbi, what exactly needs explaining? Are you really that dense?
You pull the same shit every time, every time! I explain them and then you ask a dumb ass question that doesn't make sense. These charts are so simple that only an illiterate couldn't understand them.
As I have stated many times. There are some really many good minds on the right, however you aren't one of them

It's pretty simple. I want you to look at the three graphs you posted and explain exactly what they show. It shoudln't be tough and shouldn't take mroe than 3-4 sentences.

Amazing.
I bet you are the only person who read post # 4 and then saw the charts and didn't put everything together seamlessly.

Translation: I couldnt write three coherent sentences if my life depended on it.
Remind me how you read charts for a living. I had a tough day and need a laugh.

 

[1776]

Liberals need to figure out how to fix the unfairness in the world...

Short people have a hard time making the NBA.
Ugly people have a hard time becoming models.
Lazy people have a hard time keeping a job.
Dumb people have a hard time getting into MIT.

Come on liberals.....it is all just sooooooo unfair.

 

[thereisnospoon]

well?

SNIP:



by Peter Morici 15 Jan 2014 50 post a comment

Inequality is replacing the American dream, because the U.S. economy--thanks to Washington’s mismanagement--is underperforming.

America still produces one fifth of the world’s goods and services, but accounts for a much smaller share of global growth. Many U.S. products are no longer the best in class. Consequently, the economy can’t adequately employ many of its college graduates, and wages are stagnant or falling for ordinary folks.

America still has great strengths. High labor productivity, coupled with rising wages in Asia, makes American workers a good value for global investors. There is cheaper energy, thanks to the onshore oil boom, that should attract new factories, but the promised flood of new jobs has only been a trickle.

To put it simply, the bureaucratic quagmire created by complex and ineffective business regulations makes it easier to produce in Asia than in America. The highest corporate tax rates among major industrialized countries make the cost of investing here too high.

It is increasingly difficult to refine and efficiently move oil to California and the Northeast--gasoline costs too much in Monterrey as does heating oil in Massachusetts.

ALL of it here
Fixing Inequality

Breitbart? Doesn't anyone even think of using non-partisan resources for their news? I guess not.
The problem is the income growth is staying at the top. Wages are flat. Who determines wages? Who helped create this mess by shipping jobs out of the country?

Diamond Dave thinks "The only ones responsible for 'fixing inequality' are those who feel that they are not getting what they want or deserve..."
Surely Dave jests.
So it's the workers fault and the government's fault, right?
Yet, as productivity grew wages fell way behind. Yet when profits grew, wages remained generally flat. As taxes on Capital Gains and Dividends dropped, shipping jobs offshore grew. This all happened under deregulating Republicans and regulating Democrats.
The bottom line is this is not only hurting the US's most populated sector (the middle class/poor working classes, it's hurting the economy of America!
How Income Inequality Is Damaging the U.S.
How Income Inequality Is Damaging the U.S. - Forbes

Below are three charts dealing with worker productivity and wage growth, profit growth versus wage growth in Real Dollars and the off-shoring of American jobs.

New is news. It does not matter which outlet reports the news. As long as what is reported is fact, that is.

 

[thereisnospoon]

Proving again you cannot read charts.

Anyway, no one talked about inequality as a problem during the Bush years. The reason being rising wages overall. When everyone is doing better than they did, no one thinks about how the next guy is REALLY doing better and I'm just stagnating. No, this is the result of the Obama Era policies of crony capitalism and stagnation.

Nor was this notion of inequality spoken of during the Clinton or Reagan or Bush 41 admins...Save for a bump in the road in 1990, and the 9/11 induced recession, the nation as a whole was prospering.

 

[kiwiman127]

It's pretty simple. I want you to look at the three graphs you posted and explain exactly what they show. It shoudln't be tough and shouldn't take mroe than 3-4 sentences.

Amazing.
I bet you are the only person who read post # 4 and then saw the charts and didn't put everything together seamlessly.

Translation: I couldnt write three coherent sentences if my life depended on it.
Remind me how you read charts for a living. I had a tough day and need a laugh.

You had a rough day? You've been where you usually are everyday, on USMB all day, posting away like a Chihuahua humping a leg.

 

[The Rabbi]

Amazing.
I bet you are the only person who read post # 4 and then saw the charts and didn't put everything together seamlessly.

Translation: I couldnt write three coherent sentences if my life depended on it.
Remind me how you read charts for a living. I had a tough day and need a laugh.

You had a rough day? You've been where you usually are everyday, on USMB all day, posting away like a Chihuahua humping a leg.

Translation: No, I really can't explain them without opening myself up to ridicule because this Rabbi guy is one smart cookie.