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Old 03-20-2014, 11:41 AM
 
Location: the very edge of the continent
89,029 posts, read 44,840,107 times
Reputation: 13715

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Quote:
Originally Posted by dv1033 View Post
Please link me your definition of wealth redistribution.
Taking from some to give to others who haven't earned it. Gallup gets it.
Americans Divided on Taxing the Rich to Redistribute Wealth

Quote:
Consumer demand's aren't that strong when consumers have a lot of debt, stagnating wages, and less employment.....
How has Obama fixed any of that?

Quote:
The math is certainly refutable. Change the equation and variables and see what happens.
The equation is immutable. It's a standard equation for population growth projection. The question is... How would you change the variables, which are the birth rates of those receiving public assistance, and those who don't?
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Old 03-20-2014, 11:41 AM
 
Location: ATX-HOU
10,216 posts, read 8,119,861 times
Reputation: 2037
Quote:
Originally Posted by del ragazzo View Post
Real GDP increased 1.9 percent in 2013

https://www.bea.gov/newsreleases/nat...ewsrelease.htm

From your article:

"Assuming that GDP will increase between 3.6% ad (sic) 5.0% during the year 2013, we calculate GDP in current US Dollar to be between 16,246.03 and 16,465.58 for the year 2013. Please note that these numbers are expectations only and will likely to be different from actual GDP growth in 2013."


That's why you have to read what you copy and paste.
Again..... now what? What is the significance of your response Mr. Critical Thinker?

GDP grew despite our employment situation and stagnant wages. Private sector profits have never been higher..... Why hasn't this growth produced more jobs and better wages in America?
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Old 03-20-2014, 11:43 AM
 
Location: the very edge of the continent
89,029 posts, read 44,840,107 times
Reputation: 13715
Quote:
Originally Posted by NHartphotog View Post
Take a look at the 2nd graph shown in the article, which plots GDP growth against redistribution. Does this not clearly show that nations get far MORE GDP growth with LESS redistribution?
Excellent observation!
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Old 03-20-2014, 11:47 AM
 
Location: Florida
23,795 posts, read 13,265,578 times
Reputation: 19952
Quote:
Originally Posted by pknopp View Post
The last 6 years has seen a massive amount of money being pumped into the markets overwhelmingly benefiting the upper classes and jobs are not being created.

You like others I've pointed this out to are not interested in wealth inequality, you are only interested in your extreme form of partisanship.
And prior to that Bush slashed taxes--no jobs created and a big economic crash. Clinton and Reagan raised taxes on the wealthy and the economy boomed and many, many jobs were created. As you have pointed out, you are only interested in your extreme form of partisanship.
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Old 03-20-2014, 11:52 AM
 
Location: ATX-HOU
10,216 posts, read 8,119,861 times
Reputation: 2037
Quote:
Originally Posted by InformedConsent View Post
Taking from some to give to others who haven't earned it. Gallup gets it.
Americans Divided on Taxing the Rich to Redistribute Wealth
Not seeing where it says "Taking[/b] from some to give to others who haven't earned it.". It talks a lot about using taxes and the government to redistribute wealth but nothing about if it was earned or not.....I think you don't get it.

Quote:
How has Obama fixed any of that?
Obama has fixed it. Neither has any president in the 3-4 decades. Don't think presidents are powerful enough to do it....

Quote:
The equation is immutable. It's a standard equation for population growth projection. The question is... How would you change the variables, which are the birth rates of those receiving public assistance, and those who don't?
Yes for population growth..... You are using an equation to track at risk youth and turning it to track welfare recipients. The link you provided wasn't intended to be used as you are using it. But let's just play along....

If the economy did pick up in a meaningful way that produced better job growth and better wages then we would see less spending on welfare.....

You don't need your equation to understand welfare is correlated to the state of the economy.
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Old 03-20-2014, 11:52 AM
 
69,368 posts, read 64,118,301 times
Reputation: 9383
Quote:
Originally Posted by dv1033 View Post
That's what happens in a capitalist system. We have decided we aren't going to use child labor and pay people a dollar a day and not dump toxic waste in our water supply..... Therefore, the private sector is investing moreso in places that do that in order to keep costs down and profits high....
FAIL..

The fact that we arent using child labor, blah blah blah, would reduce the demand for welfare, because those position would be open up for adults..
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Old 03-20-2014, 11:53 AM
 
69,368 posts, read 64,118,301 times
Reputation: 9383
Quote:
Originally Posted by NHartphotog View Post
Take a look at the 2nd graph shown in the article, which plots GDP growth against redistribution. Does this not clearly show that nations get far MORE GDP growth with LESS redistribution?
Which is exactly why Obama got it wrong, despite the OP's original claim that he was completely accurate.
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Old 03-20-2014, 11:53 AM
 
79,907 posts, read 44,210,872 times
Reputation: 17209
Quote:
Originally Posted by Enigma777 View Post
And prior to that Bush slashed taxes--no jobs created and a big economic crash. Clinton and Reagan raised taxes on the wealthy and the economy boomed and many, many jobs were created. As you have pointed out, you are only interested in your extreme form of partisanship.
Your view of things is really quite myopic.
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Old 03-20-2014, 11:54 AM
 
Location: ATX-HOU
10,216 posts, read 8,119,861 times
Reputation: 2037
Quote:
Originally Posted by NHartphotog View Post
Take a look at the 2nd graph shown in the article, which plots GDP growth against redistribution. Does this not clearly show that nations get far MORE GDP growth with LESS redistribution?
It doesn't. The only graph that shows far more growth is when there is less inequality. The second graph is essentially flat.
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Old 03-20-2014, 11:55 AM
 
Location: ATX-HOU
10,216 posts, read 8,119,861 times
Reputation: 2037
Quote:
Originally Posted by pghquest View Post
FAIL..

The fact that we arent using child labor, blah blah blah, would reduce the demand for welfare, because those position would be open up for adults..
Huh? I'll give you another chance to write something that makes sense.... Try not using "blah,blah,blah".
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