justoffal
Diamond Member
- Jun 29, 2013
- 25,608
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You really have to stop attacking capitalism. I don't give a shit what a CEO makes.... Eventually they have to justify their pay and if they don't they're out. If you tallied up all of the CEO salaries across the nation it still probably wouldn't add up to 1% of the GDP.Oh relax. America is doing GREAT. The only problem in America is from 1978 to NOW companies have given their CEO's all the raises and us none. In that same time union membership went from 35% of our workforce to about 5% today. No coincidence. So rich people are doing fine. Middle class people just want to be able to save for retirement. That means workers need to be making more.
I keep showing people this but they don't seem to get it.
From 2019 to 2022, the median net worth of American families jumped 37% to $192,900, after adjusting for inflation. It’s the largest increase ever recorded by the federal Survey of Consumer Finances, released last fall. Surging home values and rising stock ownership fed the surge.
If you’re a 50-something and you’re not worth a cool $1 million, do not despair. Those numbers are averages, and the super-rich drive them waaaay up.
This wage gap has been rising since Reagan. Why? The rich get richer and our middle class gets poorer when
- Average net worth: $1,132,532 (ages 50-54), $1,442,075 (ages 55-59)
- Median net worth: $272,800 (ages 50-54), $320,700 (ages 55-59)
a. They send jobs overseas
b. They break unions
c. They (THE RICH and CORPORATIONS) hire illegal workers instead of us
d. They pass tax breaks for the rich and cut corporate taxes
e. They cut social programs like social security and medicare
So America is great depending on how much you make. Do you honestly believe the GOP cares about labor and wages for workers? Do you think they will go after illegal employers? Do you think they will pass middle class tax breaks? Do you think they will strengthen social security and medicare?
We're all going to get old some day. I'm 53 and wish I could stop working when I turn 62 but you can't get medicare till you are 65. Medicare and Social Security are very important to the middle class. Who's against those programs?
Look at that median number. Pathetic.
I'm 53 and have about $750K net worth. I should have a million by the time I'm 59. So I will hopefully fall into that category of being in my 50's and being worth $1 million. I'm white. Man. Straight. College educated. How come I don't vote Republican? Because I know they aren't the party for a strong middle class. They are the "every man for himself" party. It doesn't work. Not for the middle class. For me it's working but not uneducated blue collar workers. And Republicans are trying to pretend they'll MAGA for uneducated blue collar workers?
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Sending jobs overseas it's not always a bad thing. I'm going to break a rule here and tell you that I worked for GE for a long time. One segment of the manufacturing underneath the Pentagon contracts continued to fail in quality control and saw parts being rejected at a very high rate. It wasn't until GE sourced that part from Europe that it began to show up in spec and made the entire process profitable for the company and the shareholders. The Pentagon is notoriously slow about paying their bills by the way.
I have some sympathy for your positions on the individual responsibility versus group effort. As an engineer I can vouch for the fact that an integrated system is always better than a group of single systems. However you're dealing with humans not machines and they are freakishly consistent when it comes to selfishness and stupidity.
I don't want to throw my insurance lot in with a 500 lb pig that eats six apple pies everyday for lunch. I don't want to throw my insurance lot in with an idiot that smokes five packs a day. I don't want to have my insurance costs increased by a drug addict who can't grow up and clean up. Fuck all of them. The cemetery is where they belong and the sooner they get there the better for everyone else.
I'm okay with some social programs. Obviously social security is one of them.
Unlike many other conservatives I see the value in the EBT system. What most people don't realize is that it encourages scale of production and subsequently lower pricing for everyone.
I don't mind contributing some so that I don't have to open up my door and step over dead bodies in the morning. Having said that though I'm going to have to insist that universal egalitarianism is a complete work of insanity that can never be accomplished using human components.
Democrats somehow or another believe they can establish universal egalitarianism.... It will never work because it cannot.
Between here and there what we will have is the constant and complete failure each and every system attempting to make that goal work. Why is that? Because you will always have more than a sufficient element composed of non-working, non-contributing, disinterested human waste that only serve to destroy everything for everyone else. As long as humanity is here you will also have that element.