War on The Rich: Dumbest Idea in History of Man

See page 40 ratio of benefits to taxes:
http://www.hks.harvard.edu/jeffreyliebman/distcurrfinalv2.pdf

If your income is less than 50 percent of the poverty line you receive 89.64 times more in SS benefits than you put in.

If your income is between 50 to 100 percent of the poverty line you receive 7.49 times more in SS than you put in.

If your income is between 100 to 200 percent of the poverty line you receive 2.28 times more in SS than you put in.

If your income is between 200 to 300 percent of the poverty line you receive 0.82% percent of what you put in.

If your income is greater than three times the poverty line you receive 26% of what you put in.

So, NO you didn't read the link I provided


Social Security Does Not Redistribute Income

"Social Security does not redistribute from people who are rich over their lifetime to those who are poor. In fact, it may even be slightly regressive."


In The Progressivity of Social Security (NBER Working Paper No. 7520), the authors concentrate on redistribution within, rather than across, generations. The Social Security benefit formula explicitly transfers money from people who earned more during their working years to those who earned less. This is why it is commonly seen as a progressive program. And, most economic studies have confirmed that Social Security is redistributive.

But the common perception and these previous studies fail to include a range of relevant individual characteristics that determine whether people really are lifetime rich or lifetime poor, the authors argue. When people are properly classified, no redistribution is found.

R/W NBER

Social Security Does Not Redistribute Income
You're a fucking retarded dumb ass marxist POS.
 
Weird, MOST economists say that it's regressive? Hmm
The SS tax is regressive the flat tax treats everyone the same.

Oh it's opposite world today???
The SS tax hits lower income people harder than higher income people THAT is the very definition of a regressive tax.
That's just plain stupid. Lower income people get more out of SS than they put in.. this as opposed to upper income folks who get less out of SS than they put in.
You don't understand the concept of lost opportunity.

If people controlled the money thrown away into SS they would have vastly more to live on.

The numbers have been done over and over again by people here including me.

Take 15% of your income over your life annualize it and then figure out how much you would have had if you invested it in a balanced portfolio and compare the income that sum will provide you and compare it to the 1200 a month average SS payment.

If you have half a brain in your head you'll see that SS is costing you more than it pays you

Not ONLY that, but you'd also have a tangible property in the form of a portfolio, an asset to hand down to your wife and children. As it stands, you do not have a damn thing except the monthly check issued by the government as long as you live. If you happen to die the day you retire at 65... oh fucking well, your family gets the $212 death benefit and all that money you contributed your whole life is lost.

ANY investment you make is better than money you contribute to SS because it remains yours. SS is an "investment" like paying protection money to the mob is an "investment."
 
And cons prefer we look like another 3rd world country progressive policies lifted US from!


"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it."

Thomas Jefferson

Let's be clear about something, moron... Regardless of what conservative prefer or what you think, there is no way to continue spending more than you take in. Quotes from Jefferson will not matter when our credit resources are exhausted and our creditors demand payment.

Contrary to what you might think, I don't like to see people suffer needlessly. In fact, I want to do everything in my power to keep that from happening. But the real suffering is coming if we don't get a grip on deficit spending. This means we can't just keep on creating new inventive ways to "help" people with more borrowed money. You're not "helping" anyone, you are mortgaging our future and ensuring future generations will suffer like we can't even fathom.

Now whine some more about "the rich" and how they should have to pay for all this "help" you are bestowing... it's not happening. You're not getting their wealth! You can't get their wealth because they are way smarter than you! And... there are more and more wealthy people generated every day. And of course, that is what you want to stop from happening... you want people to NOT be wealthy. To be enslaved to The State, where they will have to march in lockstep behind your authoritarian Fascist policies. You prefer a nation full of dependent people who count on YOU to bestow financial blessings from upon high. But YOU are broke... there is no money!

Now ya boy Mao had a 'solution' for this, he rounded up all those "rich greedy asshole capitalists" and executed them. Stole their wealth and did it in the name of "helping" the people. The results were catastrophic and outright heinous. It didn't help anyone but the ruling class, and it plunged China into economic darkness for 40 years.


Many people I listen to who say they are conservatives don't have two cents to scratch their a**s with, and here's the funny part most of them don't even have health insurance, not because they choose not to have it, but because they can't afford it, or simply because they can't get it because of current state of health, and they still defend the system.......truly pathetic!!!

Mao, Marxist, socialist, lol



1%er Warns Fellow Plutocrats Neoliberalism Will Lead to Violent Class Revolution

Though Charles and David Koch may be grabbing the headlines promoting a 1% neo-feudal agenda, not everyone in the upper echelons of the American plutocracy is on board. Nick Hanauer, a super rich venture capitalist, recently wrote a piece condemning neoliberalism – often called “trickle-down economics” – saying the current economic system is not only unfair and causing resentment but counter-productive to a thriving middle class saying “These idiotic trickle-down policies are destroying my customer base.”


1 er Warns Fellow Plutocrats Neoliberalism Will Lead To Violent Class Revolution FDL News Desk
 
The SS tax is regressive the flat tax treats everyone the same.

Oh it's opposite world today???
The SS tax hits lower income people harder than higher income people THAT is the very definition of a regressive tax.
That's just plain stupid. Lower income people get more out of SS than they put in.. this as opposed to upper income folks who get less out of SS than they put in.
You don't understand the concept of lost opportunity.

If people controlled the money thrown away into SS they would have vastly more to live on.

The numbers have been done over and over again by people here including me.

Take 15% of your income over your life annualize it and then figure out how much you would have had if you invested it in a balanced portfolio and compare the income that sum will provide you and compare it to the 1200 a month average SS payment.

If you have half a brain in your head you'll see that SS is costing you more than it pays you

Not ONLY that, but you'd also have a tangible property in the form of a portfolio, an asset to hand down to your wife and children. As it stands, you do not have a damn thing except the monthly check issued by the government as long as you live. If you happen to die the day you retire at 65... oh fucking well, your family gets the $212 death benefit and all that money you contributed your whole life is lost.

ANY investment you make is better than money you contribute to SS because it remains yours. SS is an "investment" like paying protection money to the mob is an "investment."
Ah but if people have their own nest eggs, they won't need government employees to screw over their grandchildren to benefit themselves.
 
And cons prefer we look like another 3rd world country progressive policies lifted US from!


"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it."

Thomas Jefferson

Let's be clear about something, moron... Regardless of what conservative prefer or what you think, there is no way to continue spending more than you take in. Quotes from Jefferson will not matter when our credit resources are exhausted and our creditors demand payment.

Contrary to what you might think, I don't like to see people suffer needlessly. In fact, I want to do everything in my power to keep that from happening. But the real suffering is coming if we don't get a grip on deficit spending. This means we can't just keep on creating new inventive ways to "help" people with more borrowed money. You're not "helping" anyone, you are mortgaging our future and ensuring future generations will suffer like we can't even fathom.

Now whine some more about "the rich" and how they should have to pay for all this "help" you are bestowing... it's not happening. You're not getting their wealth! You can't get their wealth because they are way smarter than you! And... there are more and more wealthy people generated every day. And of course, that is what you want to stop from happening... you want people to NOT be wealthy. To be enslaved to The State, where they will have to march in lockstep behind your authoritarian Fascist policies. You prefer a nation full of dependent people who count on YOU to bestow financial blessings from upon high. But YOU are broke... there is no money!

Now ya boy Mao had a 'solution' for this, he rounded up all those "rich greedy asshole capitalists" and executed them. Stole their wealth and did it in the name of "helping" the people. The results were catastrophic and outright heinous. It didn't help anyone but the ruling class, and it plunged China into economic darkness for 40 years.


Many people I listen to who say they are conservatives don't have two cents to scratch their a**s with, and here's the funny part most of them don't even have health insurance, not because they choose not to have it, but because they can't afford it, or simply because they can't get it because of current state of health, and they still defend the system.......truly pathetic!!!

Mao, Marxist, socialist, lol



1%er Warns Fellow Plutocrats Neoliberalism Will Lead to Violent Class Revolution

Though Charles and David Koch may be grabbing the headlines promoting a 1% neo-feudal agenda, not everyone in the upper echelons of the American plutocracy is on board. Nick Hanauer, a super rich venture capitalist, recently wrote a piece condemning neoliberalism – often called “trickle-down economics” – saying the current economic system is not only unfair and causing resentment but counter-productive to a thriving middle class saying “These idiotic trickle-down policies are destroying my customer base.”


1 er Warns Fellow Plutocrats Neoliberalism Will Lead To Violent Class Revolution FDL News Desk
You're a dumb ass marxist POS. Go eat shit.
 
So to summarize, this so called war on the rich is nothing more than a crude rhetorical diversion from the fact that the real war is being waged against the middle class. Rich folks are in no danger of becoming casualties.
Eggzactly. Middle class jobs are under attack from the bottom via illegal immigration, and the top via H1B visas and offshoring. Upper middle class income is under attack via the so called progressive tax system and offshoring. The rich.. yeah profits are up and govco is writing them checks from the upper middle class.

The rich have never been richer, but they don't drive the economy, the middle class does. While more wealth has been concentrated in the hands of a few, middle class wages have remained stagnant for more than twenty years. There is a direct correlation between the increasing wealth concentration, a shrinking middle class, and the decline of our economy.
 
Oh it's opposite world today???
The SS tax hits lower income people harder than higher income people THAT is the very definition of a regressive tax.
That's just plain stupid. Lower income people get more out of SS than they put in.. this as opposed to upper income folks who get less out of SS than they put in.
You don't understand the concept of lost opportunity.

If people controlled the money thrown away into SS they would have vastly more to live on.

The numbers have been done over and over again by people here including me.

Take 15% of your income over your life annualize it and then figure out how much you would have had if you invested it in a balanced portfolio and compare the income that sum will provide you and compare it to the 1200 a month average SS payment.

If you have half a brain in your head you'll see that SS is costing you more than it pays you

Not ONLY that, but you'd also have a tangible property in the form of a portfolio, an asset to hand down to your wife and children. As it stands, you do not have a damn thing except the monthly check issued by the government as long as you live. If you happen to die the day you retire at 65... oh fucking well, your family gets the $212 death benefit and all that money you contributed your whole life is lost.

ANY investment you make is better than money you contribute to SS because it remains yours. SS is an "investment" like paying protection money to the mob is an "investment."
Ah but if people have their own nest eggs, they won't need government employees to screw over their grandchildren to benefit themselves.

HISTORY shows you are a dumbass!
 
The SS tax hits lower income people harder than higher income people THAT is the very definition of a regressive tax.
That's just plain stupid. Lower income people get more out of SS than they put in.. this as opposed to upper income folks who get less out of SS than they put in.
You don't understand the concept of lost opportunity.

If people controlled the money thrown away into SS they would have vastly more to live on.

The numbers have been done over and over again by people here including me.

Take 15% of your income over your life annualize it and then figure out how much you would have had if you invested it in a balanced portfolio and compare the income that sum will provide you and compare it to the 1200 a month average SS payment.

If you have half a brain in your head you'll see that SS is costing you more than it pays you

Not ONLY that, but you'd also have a tangible property in the form of a portfolio, an asset to hand down to your wife and children. As it stands, you do not have a damn thing except the monthly check issued by the government as long as you live. If you happen to die the day you retire at 65... oh fucking well, your family gets the $212 death benefit and all that money you contributed your whole life is lost.

ANY investment you make is better than money you contribute to SS because it remains yours. SS is an "investment" like paying protection money to the mob is an "investment."
Ah but if people have their own nest eggs, they won't need government employees to screw over their grandchildren to benefit themselves.

HISTORY shows you are a dumbass!
History shows marxist POS assholes like you are rapists, murderers and thieves.
 
Many people I listen to who say they are conservatives don't have two cents to scratch their a**s with, and here's the funny part most of them don't even have health insurance, not because they choose not to have it, but because they can't afford it, or simply because they can't get it because of current state of health, and they still defend the system.......truly pathetic!!!

Well you got your guy elected and you had full control of Congress and you all passed Obamacare into law in order to fix the health care problem... so what happened? Why is health care insurance still unaffordable? Why do people still not have it?

You see, even when you're given full reign and allowed to push through whatever you please in legislative acts, you can't fix the problems and then you run out there and blame republicans for that. You act as if Republicans have controlled all the power and have been blocking everything you've proposed when you've gotten everything you wanted.

Single payer? Wasn't the republicans who blocked that, it was the democrats who wouldn't support it. Republicans didn't support ANY of it, single payer or not. But the thing is, single payer doesn't fix the problem either. Nothing you've proposed (or done) even begins to address the problems with our health care system.

You're all clueless idiot drones. You hang out at these Marxist blogs and get pumped full of Marxist idiocy, then run over here to copy-n-paste this stuff as if it's some new-age way of thinking, when it's recycled 19th century ideas that have done nothing but massively failed. You won't listen to anybody who has any sense at all, it's just easier for you to cling to a Utopian fantasy that will never transpire. You continue to fuck things up beyond repair, then have the unmitigated gall to blame your failures on your opposition.
 
Name one libertarian party plank eschewing anarchy.
All of them
Dumb ass equates all forms of liberty with anarchy.


I gave you the links to the libertarian platforms that called for anarchy? No answer? lol

Did you also provide the links to the demopublican platforms that called for communism?


Why is trying to abolish slavery and tyranny "anarchy"?

.

PLEASE, if that's your posit, PLEASE feel open to post the links dummy? lol

3.7 Self-Determination
Whenever any form of government becomes destructive of individual liberty, it is the right of the people to alter or to abolish it, and to agree to such new governance as to them shall seem most likely to protect their liberty.


So we need a government , tyrannical or otherwise.


If it becomes destructive of individual liberty we just grin and bear it , right?


Fuck you miserable piece of parasitic shit.


Are you on probation, Intravenous Ritalin , nursing home resident?
 
All of them
Dumb ass equates all forms of liberty with anarchy.


I gave you the links to the libertarian platforms that called for anarchy? No answer? lol

Did you also provide the links to the demopublican platforms that called for communism?


Why is trying to abolish slavery and tyranny "anarchy"?

.

PLEASE, if that's your posit, PLEASE feel open to post the links dummy? lol

3.7 Self-Determination
Whenever any form of government becomes destructive of individual liberty, it is the right of the people to alter or to abolish it, and to agree to such new governance as to them shall seem most likely to protect their liberty.


So we need a government , tyrannical or otherwise.


If it becomes destructive of individual liberty we just grin and bear it , right?


Fuck you miserable piece of parasitic shit.


Are you on probation, Intravenous Ritalin , nursing home resident?

Are you shouting right now or just trying to be considerate of people who have poor vision?
 
Dumb ass equates all forms of liberty with anarchy.


I gave you the links to the libertarian platforms that called for anarchy? No answer? lol

Did you also provide the links to the demopublican platforms that called for communism?


Why is trying to abolish slavery and tyranny "anarchy"?

.

PLEASE, if that's your posit, PLEASE feel open to post the links dummy? lol

3.7 Self-Determination
Whenever any form of government becomes destructive of individual liberty, it is the right of the people to alter or to abolish it, and to agree to such new governance as to them shall seem most likely to protect their liberty.


So we need a government , tyrannical or otherwise.


If it becomes destructive of individual liberty we just grin and bear it , right?


Fuck you miserable piece of parasitic shit.


Are you on probation, Intravenous Ritalin , nursing home resident?

Are you shouting right now or just trying to be considerate of people who have poor vision?
Both.

It makes me extremely angry that dumb assess such as yourself thrive on parasitism and are willing to use all kinds of neologisms to steal from taxpayers and producers.

.
 
Many people I listen to who say they are conservatives don't have two cents to scratch their a**s with, and here's the funny part most of them don't even have health insurance, not because they choose not to have it, but because they can't afford it, or simply because they can't get it because of current state of health, and they still defend the system.......truly pathetic!!!

Well you got your guy elected and you had full control of Congress and you all passed Obamacare into law in order to fix the health care problem... so what happened? Why is health care insurance still unaffordable? Why do people still not have it?

You see, even when you're given full reign and allowed to push through whatever you please in legislative acts, you can't fix the problems and then you run out there and blame republicans for that. You act as if Republicans have controlled all the power and have been blocking everything you've proposed when you've gotten everything you wanted.

Single payer? Wasn't the republicans who blocked that, it was the democrats who wouldn't support it. Republicans didn't support ANY of it, single payer or not. But the thing is, single payer doesn't fix the problem either. Nothing you've proposed (or done) even begins to address the problems with our health care system.

You're all clueless idiot drones. You hang out at these Marxist blogs and get pumped full of Marxist idiocy, then run over here to copy-n-paste this stuff as if it's some new-age way of thinking, when it's recycled 19th century ideas that have done nothing but massively failed. You won't listen to anybody who has any sense at all, it's just easier for you to cling to a Utopian fantasy that will never transpire. You continue to fuck things up beyond repair, then have the unmitigated gall to blame your failures on your opposition.

Unfortunate that the Affordable Care Act contains so many Republican ideas instead of being a single payer system. A predictable result considering how many members of both parties have had contributions to their campaign funds and PACs from insurance companies.
 
I gave you the links to the libertarian platforms that called for anarchy? No answer? lol

Did you also provide the links to the demopublican platforms that called for communism?


Why is trying to abolish slavery and tyranny "anarchy"?

.

PLEASE, if that's your posit, PLEASE feel open to post the links dummy? lol

3.7 Self-Determination
Whenever any form of government becomes destructive of individual liberty, it is the right of the people to alter or to abolish it, and to agree to such new governance as to them shall seem most likely to protect their liberty.


So we need a government , tyrannical or otherwise.


If it becomes destructive of individual liberty we just grin and bear it , right?


Fuck you miserable piece of parasitic shit.


Are you on probation, Intravenous Ritalin , nursing home resident?

Are you shouting right now or just trying to be considerate of people who have poor vision?
Both.

It makes me extremely angry that dumb assess such as yourself thrive on parasitism and are willing to use all kinds of neologisms to steal from taxpayers and producers.

.
I have no idea what this incoherent scree of nonsense means.
 
So to summarize, this so called war on the rich is nothing more than a crude rhetorical diversion from the fact that the real war is being waged against the middle class. Rich folks are in no danger of becoming casualties.
Eggzactly. Middle class jobs are under attack from the bottom via illegal immigration, and the top via H1B visas and offshoring. Upper middle class income is under attack via the so called progressive tax system and offshoring. The rich.. yeah profits are up and govco is writing them checks from the upper middle class.

The rich have never been richer, but they don't drive the economy, the middle class does. While more wealth has been concentrated in the hands of a few, middle class wages have remained stagnant for more than twenty years. There is a direct correlation between the increasing wealth concentration, a shrinking middle class, and the decline of our economy.

families-600x406.jpg


Take a look at this graph and tell me what you think is happening to the so-called "middle class" families? It looks to me like the "middle class" is becoming the new rich. They aren't becoming the poor because the poor are also declining. The rich are getting richer, but so are the middle class and poor. Of course... "we" have to stop all this getting rich stuff! Too much of that going on these days! Marxism can only be properly promoted when people are hopelessly mired in poverty with no seeming way out. We have to keep telling people how worthless they are and how they can't help their condition and they need government to fix their situation. Repeat it over and over, pound it into their stubborn heads! If they refuse to believe it, ridicule them and call them stupid, insinuate they don't care about the poor and needy, brow-beat them and make them feel guilty for success. That's how Alinsky says it's done.
 
Many people I listen to who say they are conservatives don't have two cents to scratch their a**s with, and here's the funny part most of them don't even have health insurance, not because they choose not to have it, but because they can't afford it, or simply because they can't get it because of current state of health, and they still defend the system.......truly pathetic!!!

Well you got your guy elected and you had full control of Congress and you all passed Obamacare into law in order to fix the health care problem... so what happened? Why is health care insurance still unaffordable? Why do people still not have it?

You see, even when you're given full reign and allowed to push through whatever you please in legislative acts, you can't fix the problems and then you run out there and blame republicans for that. You act as if Republicans have controlled all the power and have been blocking everything you've proposed when you've gotten everything you wanted.

Single payer? Wasn't the republicans who blocked that, it was the democrats who wouldn't support it. Republicans didn't support ANY of it, single payer or not. But the thing is, single payer doesn't fix the problem either. Nothing you've proposed (or done) even begins to address the problems with our health care system.

You're all clueless idiot drones. You hang out at these Marxist blogs and get pumped full of Marxist idiocy, then run over here to copy-n-paste this stuff as if it's some new-age way of thinking, when it's recycled 19th century ideas that have done nothing but massively failed. You won't listen to anybody who has any sense at all, it's just easier for you to cling to a Utopian fantasy that will never transpire. You continue to fuck things up beyond repair, then have the unmitigated gall to blame your failures on your opposition.

Unfortunate that the Affordable Care Act contains so many Republican ideas instead of being a single payer system. A predictable result considering how many members of both parties have had contributions to their campaign funds and PACs from insurance companies.

Wow... that's amazing to me... So Democrats pushed through a bill without a single Republican vote, to the vocal protest of every single Republican in Congress, promising us that it would be the greatest thing in the world once we passed it... and it was chock full of Republican ideas?

Sounds like you guys need to elect some new representatives to me. These people are obviously morons, if that is the case.
 
Many people I listen to who say they are conservatives don't have two cents to scratch their a**s with, and here's the funny part most of them don't even have health insurance, not because they choose not to have it, but because they can't afford it, or simply because they can't get it because of current state of health, and they still defend the system.......truly pathetic!!!

Well you got your guy elected and you had full control of Congress and you all passed Obamacare into law in order to fix the health care problem... so what happened? Why is health care insurance still unaffordable? Why do people still not have it?

You see, even when you're given full reign and allowed to push through whatever you please in legislative acts, you can't fix the problems and then you run out there and blame republicans for that. You act as if Republicans have controlled all the power and have been blocking everything you've proposed when you've gotten everything you wanted.

Single payer? Wasn't the republicans who blocked that, it was the democrats who wouldn't support it. Republicans didn't support ANY of it, single payer or not. But the thing is, single payer doesn't fix the problem either. Nothing you've proposed (or done) even begins to address the problems with our health care system.

You're all clueless idiot drones. You hang out at these Marxist blogs and get pumped full of Marxist idiocy, then run over here to copy-n-paste this stuff as if it's some new-age way of thinking, when it's recycled 19th century ideas that have done nothing but massively failed. You won't listen to anybody who has any sense at all, it's just easier for you to cling to a Utopian fantasy that will never transpire. You continue to fuck things up beyond repair, then have the unmitigated gall to blame your failures on your opposition.

Unfortunate that the Affordable Care Act contains so many Republican ideas instead of being a single payer system. A predictable result considering how many members of both parties have had contributions to their campaign funds and PACs from insurance companies.

Wow... that's amazing to me... So Democrats pushed through a bill without a single Republican vote, to the vocal protest of every single Republican in Congress, promising us that it would be the greatest thing in the world once we passed it... and it was chock full of Republican ideas?

Sounds like you guys need to elect some new representatives to me. These people are obviously morons, if that is the case.

Look no further than Romneycare for your model.
 
So to summarize, this so called war on the rich is nothing more than a crude rhetorical diversion from the fact that the real war is being waged against the middle class. Rich folks are in no danger of becoming casualties.
Eggzactly. Middle class jobs are under attack from the bottom via illegal immigration, and the top via H1B visas and offshoring. Upper middle class income is under attack via the so called progressive tax system and offshoring. The rich.. yeah profits are up and govco is writing them checks from the upper middle class.

The rich have never been richer, but they don't drive the economy, the middle class does. While more wealth has been concentrated in the hands of a few, middle class wages have remained stagnant for more than twenty years. There is a direct correlation between the increasing wealth concentration, a shrinking middle class, and the decline of our economy.

View attachment 33386

Take a look at this graph and tell me what you think is happening to the so-called "middle class" families? It looks to me like the "middle class" is becoming the new rich. They aren't becoming the poor because the poor are also declining. The rich are getting richer, but so are the middle class and poor. Of course... "we" have to stop all this getting rich stuff! Too much of that going on these days! Marxism can only be properly promoted when people are hopelessly mired in poverty with no seeming way out. We have to keep telling people how worthless they are and how they can't help their condition and they need government to fix their situation. Repeat it over and over, pound it into their stubborn heads! If they refuse to believe it, ridicule them and call them stupid, insinuate they don't care about the poor and needy, brow-beat them and make them feel guilty for success. That's how Alinsky says it's done.

Now I know you're not being serious.

20111029_WOC689.gif
 
Unfortunate that the Affordable Care Act contains so many Republican ideas....

When Obamacare was rammed through Congress, people laughed when I predicted it would be less than 10 years before Democrats blamed the failure of it on Republicans. It didn't take that long, did it?
 

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