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yeah well I'm not beyong going over the line to prove a point
You want everyone else to pay, you moan and groan about people making more than others, but you dont hesitate to drop your position then to defend him earning more.
If you want gdp to grow then people need to earn more than others.. Its not $10 an hour burger flippers building factories..
But I guess you dont comprehend that..
So if the 1%ers are ok, but the .1% are evil rich skuzbuckets, what are the .5%ers? Where does one cross the line from being wonderful individuals to mean rich bastards?
No that wasnt to prove a point, it was to cause someone emotional pain. Well done.
Now on to the rest...
Our GDP has doubled in the last 40 year..has the incomes? Nope...well..for the .1% it has....
How about the 40 years before that? Turns out...yes..incomes did. Hmmmm
I have no objection to people earning more then others, I do have objections when I see that the ownership and incomes are diverging so much. You probably should too.
You know what? no. Im done talking to you....back to ignoring your posts.
Sigh. go read the example linked by the other poster where he says im complaining about someone making $100 more, it explains the problem.
I'm not interested in links full of frothy emotional appeal.
If I make 22 million this year and you make $40,000 what is the problem? We don't have equal jobs so there is no inequality in our incomes. It doesn't exist.
It's NOT a waste..........the Dumdumocrats are recycling the 1% meme because IT WORKED, and will work again and again and again.
Yeah it worked, but its a horrible meme. It misses the issue completely and clumps a lot of hard working folks in with people not working at all, and misses the real underlying issue of capital growth out stripping GDP growth, and the issues that causes.
Its almost like saying "we can treat these diseases by cutting off the infected body parts if they become infected after surgery"....while completely missing that you should wash your hands before surgery.
I'm not interested in links full of frothy emotional appeal.
If I make 22 million this year and you make $40,000 what is the problem? We don't have equal jobs so there is no inequality in our incomes. It doesn't exist.
How did I harm you by making more money?
Go read the link, and that answers your question. nothing emotional in it. Warning-there may be math.
But let me be clear...its not so much how much you earn, as what you do with it. Really, the link explains. its a simplistic example, but there are far more complex examples and data available to you.
Our GDP has doubled in the last 40 year..has the incomes? Nope...well..for the .1% it has....
How about the 40 years before that? Turns out...yes..incomes did. Hmmmm
I have no objection to people earning more then others, I do have objections when I see that the ownership and incomes are diverging so much. You probably should too.
You know what? no. Im done talking to you....back to ignoring your posts.
you were just babbling on and on about being in the top 5% of the nation. If income inequality is so bad then why do you continue to make so much more than 95% of the nation and make them poorer?
Thats YOUR argument...
I have no problem at all with Warren Buffet being worth what he's worth, or Bill Gates for example. They employ hundreds of thousands of individuals.
Go read the link, and that answers your question. nothing emotional in it. Warning-there may be math.
But let me be clear...its not so much how much you earn, as what you do with it. Really, the link explains. its a simplistic example, but there are far more complex examples and data available to you.
So the ultra wealthy don't spend their money right? I've heard this nonsense too. How did they get so wealthy if the can't manage money? lol
Greed and envy cloud your thinking. And how big is your ego to tell people what they should do with their money. Lefties are a bunch of arrogant asses.
I'm sure no one in the group will see the irony of paying a second rate blogger $25k per month...and not seeing that as income inequality. Why don't they pay their janitor that much if they actually believe their own crap.
So the ultra wealthy don't spend their money right? I've heard this nonsense too. How did they get so wealthy if the can't manage money? lol
Greed and envy cloud your thinking. And how big is your ego to tell people what they should do with their money. Lefties are a bunch of arrogant asses.
Sigh. no thats not it at all. Its simple math. We cannot afford to have a small minority earn money on capital faster then the rise of GDP. We either need to slow their earnings, or increase the rate of GDP faster.
If not the capital they control will consume a ever larger and larger % of the economy.
Soo...you're ok with 400 guys say..owning...say 90% of everything in the US?
Now personally, Id FAR prefer to have the rate of GDP go up faster then the rate of growth on capital. I just dont see that being realistic given how the two numbers are entertwined.
Greed and envy do not cloud my thinking, saying that ignore the basic math that is occuring. Personally if I didnt see a horrible endgame for all of this, with inherited wealth determining winners and losers, and not merit I wouldnt give a damn about their money.
Righties are so ignorant of basic economics and math. (like that? If lefties are arrogant asses, then righties are apparently unable to understand economics, and basic math.....but lets be honest, we both know neither statement is true. So please layoff the personal attacks, and try to understand the math in the linked post earlier. im not throwing out theories that capital grows faster then GDP, im throwing out FACTS. Feel free to research it.
No that wasnt to prove a point, it was to cause someone emotional pain. Well done.
Now on to the rest...
Our GDP has doubled in the last 40 year..has the incomes? Nope...well..for the .1% it has....
I've argued over and over about the reasons for this and what needs done about it but you come up with excuse after excuse after excuse for this administration not doing any of it but rather the opposite.
You do not care about income disparity. The only thing you care about is party loyalties.
I'm sure no one in the group will see the irony of paying a second rate blogger $25k per month...and not seeing that as income inequality. Why don't they pay their janitor that much if they actually believe their own crap.
I see the percieved irony, that being said...the people against income inequality arent against reasonable levels of it despite your assumption. Most of us just feel that extreme levels of it represent a risk to our country both economically: No, inequality doesn't help the economy grow - Vox
And I could probably find just as many on the right who agree. That fear our government is the best that money can buy. And some that realize that the growing inequality is a problem.....the real argument they feel is how we find solutions. And on that we agree, solving it is HARD. its not a simple "increase taxes". While I feel that would be a good thing, I do recognize its not optimal for a variety of reasons. But sometimes its the best choice. Id like to hear other ideas though.
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