The risk of income inequality

[Brain357]

No it doesn't.

The government grows because people like you think we have to pass laws for every little thing.

No the government grows because people like you cheerlead for the rich and think paying people poorly is ok. You love corporate welfare.

Oh my! where is the crying towel? the evil rich are dumping on the poor again. Momma government must stop them from hurting people like no-brains357.

Grow the fuck up and get over your jealousy of successful people, do something to make yourself successful rather than begging the govt to bail you out like a sorry little sheep.

you whiners make me sick.

I am successful thank you.

Ok well what you going to do to balance the budget? Taxing the rich seems to be the only option since they won't pay employees.

 

[Redfish]

So CEOs are only looking for the benefits of stockholders and themselves

As usual....the workers are fucked

The reason trickle down never works

Not everyone is on the first team and they all shouldn't receive trophies.

I work hard not to be a bench warmer.

You and the left should as well

-Geaux

Yes but when the workers are getting hosed so bad they are collecting welfare that is a problem. Our government and debt continue to grow. What would you do about that?

the govt and the debt are continuing to grow because of people who think as you do---------------"only the govt can save me from the evil rich"

 

[Redfish]

No the government grows because people like you cheerlead for the rich and think paying people poorly is ok. You love corporate welfare.

Oh my! where is the crying towel? the evil rich are dumping on the poor again. Momma government must stop them from hurting people like no-brains357.

Grow the fuck up and get over your jealousy of successful people, do something to make yourself successful rather than begging the govt to bail you out like a sorry little sheep.

you whiners make me sick.

I am successful thank you.

Ok well what you going to do to balance the budget? Taxing the rich seems to be the only option since they won't pay employees.

We could take 100% of the income and wealth of the top 5% and it would not fix our fiscal mess.

the answer is simple, do not spend more than you take in. Balance the budget. As a start cut all govt programs 25% across the board, every item in the budget, no exceptions.

 

[Redfish]

No the government grows because people like you cheerlead for the rich and think paying people poorly is ok. You love corporate welfare.

Oh my! where is the crying towel? the evil rich are dumping on the poor again. Momma government must stop them from hurting people like no-brains357.

Grow the fuck up and get over your jealousy of successful people, do something to make yourself successful rather than begging the govt to bail you out like a sorry little sheep.

you whiners make me sick.

I am successful thank you.

Ok well what you going to do to balance the budget? Taxing the rich seems to be the only option since they won't pay employees.

question, since you claim to be successful, at what income level does one become "rich" ?

 

[Brain357]

Oh my! where is the crying towel? the evil rich are dumping on the poor again. Momma government must stop them from hurting people like no-brains357.

Grow the fuck up and get over your jealousy of successful people, do something to make yourself successful rather than begging the govt to bail you out like a sorry little sheep.

you whiners make me sick.

I am successful thank you.

Ok well what you going to do to balance the budget? Taxing the rich seems to be the only option since they won't pay employees.

We could take 100% of the income and wealth of the top 5% and it would not fix our fiscal mess.

the answer is simple, do not spend more than you take in. Balance the budget. As a start cut all govt programs 25% across the board, every item in the budget, no exceptions.

Ok so you'd cut welfare then? What do you think will happen the next election?

 

[Brain357]

Not everyone is on the first team and they all shouldn't receive trophies.

I work hard not to be a bench warmer.

You and the left should as well

-Geaux

Yes but when the workers are getting hosed so bad they are collecting welfare that is a problem. Our government and debt continue to grow. What would you do about that?

the govt and the debt are continuing to grow because of people who think as you do---------------"only the govt can save me from the evil rich"

Ah yes as I do. You seem to talk out of your butt a lot. And I'm terribly poor right? The government is growing because of the corporate welfare. Why do you think we have obamacare? If corporations were providing good benefits we wouldn't have it now.

 

[Redfish]

Yes but when the workers are getting hosed so bad they are collecting welfare that is a problem. Our government and debt continue to grow. What would you do about that?

the govt and the debt are continuing to grow because of people who think as you do---------------"only the govt can save me from the evil rich"

Ah yes as I do. You seem to talk out of your butt a lot. And I'm terribly poor right? The government is growing because of the corporate welfare. Why do you think we have obamacare? If corporations were providing good benefits we wouldn't have it now.

You talk like a poor person who feels like a victim. maybe you're not, I really don't care.

Tell me what you think "corporate welfare" is. Give me 5 examples.

We have obamacare because those on the left see it as a way for the govt to take control of 1/6 of our economy. No one in the USA was being denied healthcare before ACA, NO ONE. uninsured did not mean untreated.

 

[zeke]

the govt and the debt are continuing to grow because of people who think as you do---------------"only the govt can save me from the evil rich"

Ah yes as I do. You seem to talk out of your butt a lot. And I'm terribly poor right? The government is growing because of the corporate welfare. Why do you think we have obamacare? If corporations were providing good benefits we wouldn't have it now.

You talk like a poor person who feels like a victim. maybe you're not, I really don't care.

Tell me what you think "corporate welfare" is. Give me 5 examples.

We have obamacare because those on the left see it as a way for the govt to take control of 1/6 of our economy. No one in the USA was being denied healthcare before ACA, NO ONE. uninsured did not mean untreated.

You are a fucking IDIOT. Yea, those without health care wait till the last possible moment for care, go to the emergency room for care and us tax paying citizens (not you I am sure) get to pay for the most expensive medical care we have for an illness or condition that could have been handled in a doctors office. Which the uninsured don't have. A doctor.

Like I said; you are a fucking idiot.

Of course, you are the one thinking? that giving tax cuts and subsidies to corporations is not "corporate welfare". LMAO. What the fuck do YOU call it? Job creation?

 

[Redfish]

Ah yes as I do. You seem to talk out of your butt a lot. And I'm terribly poor right? The government is growing because of the corporate welfare. Why do you think we have obamacare? If corporations were providing good benefits we wouldn't have it now.

You talk like a poor person who feels like a victim. maybe you're not, I really don't care.

Tell me what you think "corporate welfare" is. Give me 5 examples.

We have obamacare because those on the left see it as a way for the govt to take control of 1/6 of our economy. No one in the USA was being denied healthcare before ACA, NO ONE. uninsured did not mean untreated.

You are a fucking IDIOT. Yea, those without health care wait till the last possible moment for care, go to the emergency room for care and us tax paying citizens (not you I am sure) get to pay for the most expensive medical care we have for an illness or condition that could have been handled in a doctors office. Which the uninsured don't have. A doctor.

Like I said; you are a fucking idiot.

Of course, you are the one thinking? that giving tax cuts and subsidies to corporations is not "corporate welfare". LMAO. What the fuck do YOU call it? Job creation?

the claim was that before ACA americans were being denied healthcare, that is a lie.

yes, if you did not have insurance it was less convenient and more expensive.

What the fuck do you think happens under ACA? Those of us who are paying cover the cost of those who get it free or have it subsidized, nothing has changed-----------------------------------except now we also have to pay for a new huge govt beaurocracy that will make everything cost more and degrade the quality of healthcare.

 

[Redfish]

Ah yes as I do. You seem to talk out of your butt a lot. And I'm terribly poor right? The government is growing because of the corporate welfare. Why do you think we have obamacare? If corporations were providing good benefits we wouldn't have it now.

You talk like a poor person who feels like a victim. maybe you're not, I really don't care.

Tell me what you think "corporate welfare" is. Give me 5 examples.

We have obamacare because those on the left see it as a way for the govt to take control of 1/6 of our economy. No one in the USA was being denied healthcare before ACA, NO ONE. uninsured did not mean untreated.

You are a fucking IDIOT. Yea, those without health care wait till the last possible moment for care, go to the emergency room for care and us tax paying citizens (not you I am sure) get to pay for the most expensive medical care we have for an illness or condition that could have been handled in a doctors office. Which the uninsured don't have. A doctor.

Like I said; you are a fucking idiot.

Of course, you are the one thinking? that giving tax cuts and subsidies to corporations is not "corporate welfare". LMAO. What the fuck do YOU call it? Job creation?

corporations get tax exemptions for things like exploration, R&D, investment in new facilities and equipement. The reason is that these things create jobs and new jobs create tax payers. The govt comes out ahead.

Subsidies are direct payments or interest free loans----------like the ones given to Solyndra. You silly leftists want us to waste money of crap like solyndra but bitch when an oil company gets a tax deduction for spending billions trying to find new sources of oil and gas.

 

[Geaux4it]

Marx would be proud of the leftist loons attacks on the social class structure.

Socialism on on move under the guise of social inequaulity

They and Marx, can kiss my ass.

-Geaux

 

[rightwinger]

Marx would be proud of the leftist loons attacks on the social class structure.

Socialism on on move under the guise of social inequaulity

They and Marx, can kiss my ass.

-Geaux

Conservative doctrine

Do something for the Capitalists and it is......PATRIOTISM
Do something for working Americans and it is........SOCIALISM

 

[Redfish]

Marx would be proud of the leftist loons attacks on the social class structure.

Socialism on on move under the guise of social inequaulity

They and Marx, can kiss my ass.

-Geaux

Conservative doctrine

Do something for the Capitalists and it is......PATRIOTISM
Do something for working Americans and it is........SOCIALISM

Do something for working americans and capitalists-------patriotism

Do something to discourage working and promote welfare------socialism.

 

[Geaux4it]

Marx would be proud of the leftist loons attacks on the social class structure.

Socialism on on move under the guise of social inequaulity

They and Marx, can kiss my ass.

-Geaux

Conservative doctrine

Do something for the Capitalists and it is......PATRIOTISM
Do something for working Americans and it is........SOCIALISM

Do something for working americans and capitalists-------patriotism

Do something to discourage working and promote welfare------socialism.

To that end we get Obamacare.

Ouch

-Geaux

 

[rightwinger]

Marx would be proud of the leftist loons attacks on the social class structure.

Socialism on on move under the guise of social inequaulity

They and Marx, can kiss my ass.

-Geaux

Conservative doctrine

Do something for the Capitalists and it is......PATRIOTISM
Do something for working Americans and it is........SOCIALISM

Do something for working americans and capitalists-------patriotism

Do something to discourage working and promote welfare------socialism.

Obamacare helps working Americans, so do educational benefits, unemployment programs all denounced as socialism

Hint to conservatives: Socialism is controlling the means of production. Taxes are not socialism neither are social programs

 

[Geaux4it]

Conservative doctrine

Do something for the Capitalists and it is......PATRIOTISM
Do something for working Americans and it is........SOCIALISM

Do something for working americans and capitalists-------patriotism

Do something to discourage working and promote welfare------socialism.

Obamacare helps working Americans, so do educational benefits, unemployment programs all denounced as socialism

Hint to conservatives: Socialism is controlling the means of production. Taxes are not socialism neither are social programs

Let me see... If I make 11K a year I get decent supplement for Obamacare. But I need to make more so I can have car payment. So, I get the second job that increases by yearly salary to say, 17K. Looks good but wait, I get less subsidy now for insurance I don't need.

The incentive is not there to EARN more money when it is given to you first without anything in trade from the recipient.

Obamacare is a wage cap on the poor working class.

Surprised the left support it

-Geaux

 

[bripat9643]

Conservative doctrine

Do something for the Capitalists and it is......PATRIOTISM
Do something for working Americans and it is........SOCIALISM

Do something for working americans and capitalists-------patriotism

Do something to discourage working and promote welfare------socialism.

Obamacare helps working Americans, so do educational benefits, unemployment programs all denounced as socialism

Hint to conservatives: Socialism is controlling the means of production. Taxes are not socialism neither are social programs

Yes they are, numskull. Social programs are where government provides a service (at gunpoint) that the market used to provide, like retirement programs.

 

[Andylusion]

Why do corporations HAVE to raise prices to pay higher employee wages?

Wal-Mart profits billions. Wal-Mart can raise wages and simply profit a few less billion. They still profit in the billions, just not as many billions. And their employees won't need as much government assistance.

What is the rationale for raising prices? Only to sustain high profit margins. Nothing more.

Wal-Mart, McDonald's, JC Penney, etc., can all afford to pay their employees more without raising prices.

Well let's run through that.

Walmart made $28 Billion in profits last year. If they gave that out, it would be a significant raise. $28 Billion divided by 2.2 Million employees, is $12.7K a year. That would be a $6 an hour raise. But.... can they?

Walmart Corporate - Walmart Annual Reports
2013 Annual Report.

Page 25. Effect tax rate was 31%. Page 34. Total provision for income taxes $8 BILLION dollars.

That leaves $20 Billion in profits, divided by 2.2 million, is $9K a year, or $4.30 an hour raise..... but... can they?

Page 34. Total Net Interest on debts. $2 Billion. Companies have debts and loans they borrowed to invest and grow their business. Debt service must be paid out.

Page 28. Total Capital investment. $13 Billion. New stores. Remodeling old and declining stores. Expanding stores. Distribution systems. E-commerce systems. In short... more jobs.

That uses up another $15 of the $20 Billion, leaving $5 Billion. That would still be $5 Billion divided by 2.2 million employees, $2.2K a year, or $1 an hour raise.... but can they do that?

Page 37. Total Dividend payment, $5 Billion.

Now let's talk about that.

So why not just not pay the dividend, and give the money to the employees? That would be an entire dollar per hour, right?

Actually it would not be a dollar per hour, because a good 15% to 20% would have to go to taxes, and employer side costs, but I digress.

The reason you can't just... not pay dividends... is because the share holders are part owners of the company and if you don't pay them their rightful slice of the profits, they'll sue... and win... and you will pay the dividend by court order anyway.

Ok so that's where we are today, and it's not changing. But why have share holders to begin with?

Well where do you think Walmart got the money to build 11,000 stores? Where do you think they got the money to build those 150+ distribution centers? Or the 7,000 trucks? And all the Sam's Club stores and centers? Or those operations around the world?

The entire reason that Walmart has created 2.2 million jobs, is because of the share holders who provided the capital to have it happen. No share holders? No capital. No capital? No jobs, no stores.

And again, who are the share holders? Share holders are largely money markets, retirement funds, pension funds, foundations like universities, and charity organizations. In fact a large segment of the share holders, is the employee stock plan. Every full time employee can and normally does, purchase stock in Walmart at a discount.

Are you opposed to employees getting dividends from the stock they own in their own company? Of course not.

So let's review....

Out of $28 Billion in profits 2013....

$8 Billion went to taxes. You people on the left caused that, and you can't give that money to employees.

$13 Billion went to capital investment. Maintaining existing jobs, and creating new jobs. You people on the left against that?

$2 Billion went to debt service.

$5 Billion to share holders.

Now how much of that profit can Walmart give to employees in wages?

Which one of those would you suggest they not do? Not pay taxes? Oh wait... you leftists love taxes. Can't have that.

Not pay the debt? End up in bankruptcy, and 2.2 million jobs are lost?

Not open new stores? We don't need new jobs at all. There is plenty of employment, right?

Not renovate existing stores so they end up closed? More unemployed is not a problem, right?

Not pay the share holders, which are *US* and end up sued and paying the dividend anyway?

No, the bottom line is very simple. They can't just pay employees more. There is no infinite money tree behind Walmart HQ, that they can just shake and pay more to everyone. Sorry. You are wrong.

 

[KNB]

"$5b to shareholders." In one year. While the employees struggle to get by on food stamps.

So the right-wing argument is that the minimum wage workers at 29hrs/wk just have to sacrifice food, clothing, transportation and electric bills and invest that money in Wal-Mart. Then they will be shareholders and the wealth will trickle down to them.

 

[Katzndogz]

If you think like a leftist. It goes like this.

Investors have money to invest. If they have money to invest, it is excess money they don't need right now. Investments should be donations instead. Investors become charitable donors to Walmart so that Walmart can make more money to distribute to the employees. There are no shareholders because there are no dividends to receive as a return on that investment.