Income and Obama Care

usmcstinger

Gold Member
Dec 31, 2011
1,420
466
Obama Care is an attempt to use income redistribution to pay for it. This is a Socialist tactic to get control of something that is a State function.
Central Control does not work.

All you Obama lovers like every one else will suffer from Obama Care.
 
We have not seen the poverty levels we have now for a very long time..............

Since the Great Depression................

As we look over the cliff, again we see the Giant Bubble Machine looking into the Abyss..............

And yet, they still praise the idiot and those who maintain the BS that got us here in the first place............

Boogles the mind.
 
We have not seen the poverty levels we have now for a very long time..............

Since the Great Depression................

As we look over the cliff, again we see the Giant Bubble Machine looking into the Abyss..............

And yet, they still praise the idiot and those who maintain the BS that got us here in the first place............

Boogles the mind.

Untrue

The monetary distribution between citizens has been pretty much the same for a LONG time.. even with all the 'welfare', various handouts and entitlements, and every other bullshit government program concocted by progressives to 'battle' it.. which tells us one VERY important thing.. the government is wasting it's time and our money doing something they were never empowered to do in the first place
 
Exclusive: 4 in 5 in US Face Near-poverty, No Work

46.2 million considered living in poverty

But I did check historical rates and found in the early 50's the rate was higher via the population.........
So in that instance, BY RATES, the untrue portion is very possible considering rates.

The monetary situation I referred to is spot on regarding the markets............

We've seen this before, and without Federal Currency the Markets would already tank.

I believe we may not see eye to eye on that issue if my memory is correct on that issue.
 
And mister Diamond Dave is so shallow as to neg my post on my statements........

Not that it matters, as I believe me and him have been round and round on the Ponzi Schemes of the markets............

Fractional Banking...................

and so on..................

Maybe we would agree that the policies of the Dems and Obama are IDIOTIC...............

As far as you calling me a Idiot for my post, my complaints section is in the basement of the third Port-o-let on the right.........

Be my guest and file your complaint there.
 
The "poverty" of today is a contrived mechanism utilized by Democrats to garner votes.
 
I was a poor people once. Yet I voted with my conscience, not my empty pocketbook.


Sent from my ass using USMessageBoard.com
 
Exclusive: 4 in 5 in US Face Near-poverty, No Work

46.2 million considered living in poverty

But I did check historical rates and found in the early 50's the rate was higher via the population.........
So in that instance, BY RATES, the untrue portion is very possible considering rates.

The monetary situation I referred to is spot on regarding the markets............

We've seen this before, and without Federal Currency the Markets would already tank.

I believe we may not see eye to eye on that issue if my memory is correct on that issue.
The problem is, poverty is now an arbitrary line drawn for political purposes. Any attempt to compare historic data with current conditions is a worthless exercise in statistical noise.
 
After 30 plus years of Voodoo wrecking the nonrich and the country, GOOD. Health care was killing the economy, GOOD.

Memorize the facts, hater dupes:1. WORKERS past 63 years worker productivity has grown by 2.0% per year.But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):1950 = 101%1960 = 105%1970 = 105%1980 = 105% – Reagan1990 = 100%2000 = 96%2007 = 92%A 13% drop since 1980A 13% drop since 19802. THE TOP 10% GET A LARGER SHARE.Share of National Income going to Top 10%:1950 = 35%1960 = 34%1970 = 34%1980 = 34% – Reagan1990 = 40%2000 = 47%2007 = 50% TO MAKE UP FOR THE LOSS.Household Debt as percentage of GDP:1965 = 46%1970 = 45%1980 = 50% – Reagan1990 = 61%2000 = 69%2007 = 95% An increase of 16% since Reagan.3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.The savings Rose up to Reagan and fell during and after.1950 = 6.0%1960 = 7.0%1970 = 8.5%1980 = 10.0% – Reagan1982 = 11.2% – Peak1990 = 7.0%2000 = 2.0%2006 = -1.1% (Negative = withdrawing from savings)4. Household Debt as percentage of GDP:1965 = 46%1970 = 45%1980 = 50% – Reagan1990 = 61%2000 = 69%2007 = 95%A 45% increase after 1980.5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.Gap Between the Share of Capital Income earned by the top 1%and the bottom 80%:1980 = 10%2003 = 56%A 5.6 times increase.6. AND THE AMERICAN DREAM IS GONE.The Probabilityy of Moving Up from the Bottom 40% to the Top 40%:1945 = 12%1958 = 6%1990 = 3%2000 = 2%A 10% Decrease.Links:1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt1 = https://www.clevelandfed.org/Researc...s/No7Nov04.pdf1 = Clipboard01.jpg (image)2 – Congratulations to Emmanuel Saez | The White House3 = http://www.demos.org/inequality/imag...ving_thumb.gif3 = http://www.bea.gov/national/nipaweb/...&LastYear=20104 = http://www.prudentbear.com/index.php...or-debt-of-gdp4 = FRB: Z.1 Release--Financial Accounts of the United States--June 6, 20135/6 = Wealth And Inequality In America - Business Insider
 

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