The risk of income inequality

You must love a stagnant economy and big government.

Excuse me Brainiac but you are the one who thinks government should be involved in everything not me.

And government fucks up the economy more than any private citizen ever could.

If you want to make more then stop whining, get off your ass and make more.

No actually what I proposed would make government smaller. Please post where I said any of those things.

OK lets add to the already gargantuan tax code vague terms like "decent wage" "Decent benefits" "decent retirement" and then add even more trying to define and enforce those ambiguities.

Yeah that makes government smaller.
 
If you idiots spent half as much time actually working to improve your situation as you do crying and whining you'd all be fucking millionaires by now.
 
Excuse me Brainiac but you are the one who thinks government should be involved in everything not me.

And government fucks up the economy more than any private citizen ever could.

If you want to make more then stop whining, get off your ass and make more.

No actually what I proposed would make government smaller. Please post where I said any of those things.

OK lets add to the already gargantuan tax code vague terms like "decent wage" "Decent benefits" "decent retirement" and then add even more trying to define and enforce those ambiguities.

Yeah that makes government smaller.

It would be no more complicated than our current tax code. So no it wouldn't add to government. More importantly it would remove people from welfare. That is a big piece of government after all.
 
The solution to the income gap is not to bring down the rich but to raise up the poor.

How do we do that? Get the govt out of trying to manipulate our economy, eliminate corporate taxation (consumer pay it, not corportions), and incentivize investment in the USA.

in other words-----------create jobs through the private sector.

we should also improve our educational system, dump failures like common core and the teachers union, and allow school choice to every parent.

If you must involve the govt then let it fund job training for blue collar skills. We have a shortage of plumbers and electircians and carpenters and car mechanics. Get the kids off the ghetto streets and into job training.

So are you talking about eliminating corporate taxation no strings attached? Don't let spiderman hear you want to eliminate a tax.

How would you incentivize investment?
 
If you idiots spent half as much time actually working to improve your situation as you do crying and whining you'd all be fucking millionaires by now.

Yes everyone can just run out and work at those jobs that are now in China...
 
The solution to the income gap is not to bring down the rich but to raise up the poor.

How do we do that? Get the govt out of trying to manipulate our economy, eliminate corporate taxation (consumer pay it, not corportions), and incentivize investment in the USA.

in other words-----------create jobs through the private sector.

we should also improve our educational system, dump failures like common core and the teachers union, and allow school choice to every parent.

If you must involve the govt then let it fund job training for blue collar skills. We have a shortage of plumbers and electircians and carpenters and car mechanics. Get the kids off the ghetto streets and into job training.

So are you talking about eliminating corporate taxation no strings attached? Don't let spiderman hear you want to eliminate a tax.

How would you incentivize investment?

the opportunity to make a profit for your shareholders is all the inventive necessary for investment. How do you think Apple and Microsoft got big? not through govt incentives.

How many millions of people now have good paying jobs because of what Gates and Jobs invented?

Corporate taxes are NOT PAID BY CORPORATIONS, they are included in the price of the products and are paid by consumers.
 
Having no government has never worked either

No one has ever suggested having no government. NO ONE.

No one has ever suggested having a totalitarian government. NO ONE

So I guess that leaves us somewhere in the middle doesn't it?

Yes, but your middle is almost falling over the left side of the table. You think that more govt control over our lives will fix things, I think more govt control will just fuck things up more.

there may be a compromise point, but its a long way from your beliefs.
 
The big myth about income inequality that just won't die - The Week

Modern life is fraught with very expensive risks lurking around every corner. A sudden illness or accident could render you disabled and unable to work. A recession or economic restructuring could render you unemployed and render the skills you've spent your life learning useless. Reaching old age with inadequate savings could mean living your golden years in poverty.

Many societies have created robust social insurance systems to protect their populations from these kinds of risks. The U.S. has done so as well, but to a much lesser extent. Because social insurance in the U.S. is so inadequate, it is incumbent upon people to self-insure against these risks. That means they need to have enough wealth to draw upon as a cushion if they end up facing hard times. But here's where the social contract fails: When the bottom half of the country owns basically none of the country's wealth, they can't self-insure themselves against these risks. Instead, they must lead a relatively perilous life in which one misstep or mistake could wreck them and their families.

They can always join the military, learn a skill, "retire" at 39, use the skill they learned to earn another pension, get SS and really retire at 65 and enjoy the rest of their life.
 
The big myth about income inequality that just won't die - The Week

Modern life is fraught with very expensive risks lurking around every corner. A sudden illness or accident could render you disabled and unable to work. A recession or economic restructuring could render you unemployed and render the skills you've spent your life learning useless. Reaching old age with inadequate savings could mean living your golden years in poverty.

Many societies have created robust social insurance systems to protect their populations from these kinds of risks. The U.S. has done so as well, but to a much lesser extent. Because social insurance in the U.S. is so inadequate, it is incumbent upon people to self-insure against these risks. That means they need to have enough wealth to draw upon as a cushion if they end up facing hard times. But here's where the social contract fails: When the bottom half of the country owns basically none of the country's wealth, they can't self-insure themselves against these risks. Instead, they must lead a relatively perilous life in which one misstep or mistake could wreck them and their families.
THIS stupid thing again?
One more time...There is no such thing as income inequality. The simple reason is income has never been equal. Nor has income ever intended to be equal.
Of course the solution is what? A gigantic social safety net system funded by confiscatory taxation?
Examples of this are in Western Europe. Where these socialist countries have run out of "other people's money" and have had to look to wealthier nations such as Germany to bail out their failed systems.
Have you no ability to look beyond the borders of the US to realize that these systems are not sustainable?
No such thing as income inequality? When the American economy was enjoying its salad days in the 1950s, there was a vibrant middle class that could afford housing, cars and tuition with one income. The wealthiest paid a marginal tax rate in the 90% range. Companies were highly profitable and the ratio of income between the highest paid executives and the MEAN earnings of the workers was close to 40:1. Today, that ratio is closer to 450:1! And today living expenses have risen, savings is harder as a result and tuition costs are through the roof. There goes that vibrant middle class!

Consumer spending drives this economy. Take away the spending power of the middle class, keep wages flat for the majority of wage earners and the economy slows. Why aren't Conservatives concerned with the state of the economy when history screams into their faces?

You people keep making this argument.
Let's see how great the 50's were for the middle class..
Most households were rentals. Today most homes are owned.
Most households did not have a television.
Today the average home has 3 or more.
Most households had a wash machine and dried their laundry on a clothes line outside or in the basement. Today, a washer and dryer are standard equipment.
Most households that owned a vehicle had just one. Today, most are multiple vehicle households.
Most lived in tightly packed urban areas. Today, the middle class for the most part lives in the suburbs or exurbs.
Lastly, the amount one earns has ZERO effect on another.
Your argument is simply perpetuating the Keynesian theory of the zero sum game.
So the whine regarding what top executives are paid, is just that, whining.
Living expenses have risen? So has income and disposable income.
Taxation has never resulted in prosperity. That 90% argument is a talking point. There may have been a couple hundred people in the entire country that paid that rate. If they did so, it was on a very small portion of their income.
The idea that confiscatory taxation would result in the enrichment of some is a lot of nonsense.
Income inequality is a myth because the very concept presupposes the idea that income should be equal. It isn't.
 
Having no government has never worked either

No one has ever suggested having no government. NO ONE.

No one has ever suggested having a totalitarian government. NO ONE

So I guess that leaves us somewhere in the middle doesn't it?

No> You just want Big government socialism. Which if one looks at most of the EU, is a failure.
Four EU countries effectively went bankrupt. Many others are circling the bowl.
Germany is the only EU nation that actually has the ability to bail out other EU nations.
The EU socialism is a perfect example of what befalls a society when the government runs out of other people's money
 
When income inequalities persist, violence ensues.

History would agree with that, but there has never been a society quite like ours...

Is this the aggressive side of your passive beliefs?

Very hypocritical coming from a liberal, you advocate or better yet suggest violence is the result...

The simple truth is you can't always get what you want!!

But if try sometime you get what you need...

 
When income inequalities persist, violence ensues.

History would agree with that, but there has never been a society quite like ours...

Is this the aggressive side of your passive beliefs?

Very hypocritical coming from a liberal, you advocate or better yet suggest violence is the result...

The simple truth is you can't always get what you want!!

But if try sometime you get what you need...


Does the increased font size help with your feelings of inadequacy? Please point out where I advocated violence.
 
Grow up, wytch. I was joking with you. Did you miss the big smile at the end of my post?

Your sensitivity to the truth makes me wonder about you.

Well, then I apologize profusely. You do have a pattern, Fishy, of bringing up my sexual orientation regardless of the thread.

Seriously Fish, if you're that curious, PM me and I might just answer your questions, otherwise do try and stay on topic.

As much as you would like to talk about it in private messages, I am not the least bit interested in what you and your wife do in private. I try not to let my imagination run in that direction because it always causes my stomach to produce acid.

Maybe you can interest some of the other gay forum members in a "this is what we do" thread.

Maybe you should stop bringing up my orientation in threads not at all related then. You bring it up at every turn then say how much you're nauseated by it. :cuckoo:
 
The biggest problem of income inequality is turning the US into a third world country.

Yeah isn't that funny? Here Canada is going to start to loan money for "Democracy Enhancement" programs and "foreign aide" here in the US!

The third world model of exploitation is settling in cozy among just a few of these transnationals who own much of America. Such concentrations of wealth and influence has certainly come out of what Chomsky has called a "vulgar Marxism" on the part of the business class. He says "they are highly class conscious." And recently I put 2 and 2 together and explained to myself why surveillance programs are so huge...these folks knew about these issues in the government and corporations (as internal record shows around the 50s, 60s and on) and you can be sure they know what happens when inequality spikes. Insurrection. So they've been planning and potentially scary scenarios might become reality within decades preventing Democracy and human rights "in the name of the 'national interests'."
 
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When income inequalities persist, violence ensues.

History would agree with that, but there has never been a society quite like ours...

Is this the aggressive side of your passive beliefs?

Very hypocritical coming from a liberal, you advocate or better yet suggest violence is the result...

The simple truth is you can't always get what you want!!

But if try sometime you get what you need...


Does the increased font size help with your feelings of inadequacy? Please point out where I advocated violence.

YOu may not have suggested a violent uprising, but you would condone it.
BTW, are you unsatisfied with your career?
 
The biggest problem of income inequality is turning the US into a third world country.

Ok...I'll bite....
How so?
Explain......Give factual examples.
Spare us the lib talking points regarding executive pay, the bygone days of the 90% income tax bracket and the disappearing middle class...
Have at it.
 

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