edthecynic
Censored for Cynicism
- Oct 20, 2008
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Not only is the highlighted false, it is sooooooo obviously false it is a testament to your complete stupidity!!!!!In 1917 Ayn Rand's family business (a pharmacy) was confiscated by the heavy handed Vladimir Lenin.
This type of thing was par for the course in Russia, where freedom was virtually non-existent.
Ayn Rand immigrated to the U.S. in 1925, during a time when concentrated wealth still ruled this nation. Then she witnessed the Great Depression and the formation of FDR's New Deal government, which imposed higher taxes and regulations on business, as well as expanding what government did for the poor and middle class.
Rand created the narrative that Political Chic is using, one where the world is divided into hard working capitalists (one one side of the aisle) and lazy-parasite-welfare-recipients (on the other) - along with a class of well paid Laborers (who, because of their higher wages, had more money to spend on Main Street).
By the 40s & 50s Rand watched as Labor grew to the apex of its power, and Republican Presidents like Eisenhower maintained a 90% tax rate on the upper bracket (and government exercised considerable control over the economy while also providing more safety nets to the poor).
At this time Rand wrote her classic Fountainhead, followed by Atlas Shrugged, which described a world where Government destroyed the incentives of the earners/producers by over taxing and over regulating and redistributing wealth to the lazy.
Conservative Think Tanks have kept this narrative from the 50s alive.
But here is the problem with this narrative, and its Cut & Paste apparatchiks like political chic. The relationship between government and business is no longer what it was like in the 50s. Today, after 30+ years of Reaganomics, business, through lobbying and election funding, owns the politician (not the other way around, as Political Chic would have you believe).
A question emerges. Why doesn't political chic talk about the other kind of welfare (i.e., subsidies/bailouts/regulatory favors/no-bid contracts/state protected monopolies) which goes to corporations? Why does political chic only tell one side of the story?
Answer: she has either been fooled by the propaganda of the corporate-welfare-class or she is lying on their behalf.
In order for your post to be true, this must be false:
.... Census Bureau data on household incomes document the importance of work. Census sorts the households by income quintile, and we will label those in the highest quintile as “rich,” and those in the lowest quintile as “poor.”The average household in the top 20 percent of income have an average of almost exactly two full-time workers. The average poor family (bottom 20 percent) has just 0.4 workers.
This means on average, roughly for every hour worked by those in a poor household, those in a rich household work five hours.
The finding thatsix out of 10 poor households have no one working at allis disturbing. Since they have no income from work, is it a surprise they are poor?" The Lie Obama Keeps Repeating About the Poor in America
It isn't false.....so you must be a liar, huh?
Only the most ignorant of morons is unable to understand that the hourly pay is rarely the same for the top 20% as the bottom 20%. But equal hourly pay would be required for equating income to hours worked. What a stupid SUCKER you have to be to not only fall for that bullashit, but also to mindlessly parrot it on a public forum.
I do soooooo need a higher level of opponent.
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