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I would like to know why a person without talent to earn more should be entitled to someone else's money who has the talent to earn more? Because theft by liberals is okay?
Even worse is that some of these fools think falling over yourself to hand money to others somehow constitutes stealing. I know sometimes problems have simple solutions but this one takes the cake. Stop handing your money hand over fist to the the people you seem to so despise. It's really quite simple if you're able to analyze your own finances. If you fall prey to your most basic instincts of having the biggest baddest things around but are too ignorant to find a means to pay for them other than borrowing. Well you get to lay on the burning hot ash heap and hope you don't turn to dust.
What most Americans don't understand is that income distribution is happening all the time. If corporations only give out 3% to 5% raises a year instead of 6% to 10% raises a year to wage earners at the same time massively increasing executive pay with bonuses, stock options, gold plated medical insurance and hefty salary increases that is income re-distribution. That's exactly what happened in America the last 20 years and especially the last 20 years. I can remember early in my corporate career getting 7% to 10% wage increases every year often the recession that last from 2001 to 2003 all oof a sudden my evaluations were just as high but the raises were in the 3% to 5% range. This happen all across America while executive pay soared.
Not only are the richer getting richer they are investing less of their money in the United States than ever before. The rate of investment return for money invested in emerging market nations is much higher than it is for money invested here in the United States. When you combine the increasing income for the rich and the fact more capital is being invested in emerging market nations it sets the stage for extremely low economic growth in the United States for years to come.
What most Americans don't understand is that income distribution is happening all the time. If corporations only give out 3% to 5% raises a year instead of 6% to 10% raises a year to wage earners at the same time massively increasing executive pay with bonuses, stock options, gold plated medical insurance and hefty salary increases that is income re-distribution. That's exactly what happened in America the last 20 years and especially the last 20 years. I can remember early in my corporate career getting 7% to 10% wage increases every year often the recession that last from 2001 to 2003 all oof a sudden my evaluations were just as high but the raises were in the 3% to 5% range. This happen all across America while executive pay soared.
Not only are the richer getting richer they are investing less of their money in the United States than ever before. The rate of investment return for money invested in emerging market nations is much higher than it is for money invested here in the United States. When you combine the increasing income for the rich and the fact more capital is being invested in emerging market nations it sets the stage for extremely low economic growth in the United States for years to come.
I agree and this is the point. Although income has increased across the board, it has done so at a disproportionate rate. While it has occurred at a low rate among the middle class, it has sky rocketed for the rich, skewing the distribution of wealth so that the rich hold 34% of it. It's been over thirty years in the making and not benificial for the economy.
I would like to know why a person without talent to earn more should be entitled to someone else's money who has the talent to earn more? Because theft by liberals is okay?
Another oversimplified view of a complex issue. Please read the OP, the links and the thread. It's not about every one being paid the same amount irregardless of talent. It is about growing inequality in income growth. While the salaries of the rich have skyrocketed, the middle class income has grown at a much slower rate, creating an extremely skewed distribution of wealth and an environment where the middle class is encouraged to go into debt to maintain the middle class lifestyle that was once obtainable through hard work. Again, this is about the shrinking middle class, not about entitlement or people who refuse to work. Why is so hard for some people to grasp this concept?
I agree and this is the point. Although income has increased across the board, it has done so at a disproportionate rate. While it has occurred at a low rate among the middle class, it has sky rocketed for the rich, skewing the distribution of wealth so that the rich hold 34% of it. It's been over thirty years in the making and not benificial for the economy.
34%. That would be the same percentage that we saw in that "Golden" age between 1948 - 1965.
I have stated many times that as long as our corrupt politicians on BOTH sides of the aisle can keep the public focused on slightly irrelevant issues they will continue their OWN agendas.
Average Americans need to wake up & start working together to remind these people they work for US.
Another oversimplified view of a complex issue. Please read the OP, the links and the thread. It's not about every one being paid the same amount irregardless of talent. It is about growing inequality in income growth. While the salaries of the rich have skyrocketed, the middle class income has grown at a much slower rate, creating an extremely skewed distribution of wealth and an environment where the middle class is encouraged to go into debt to maintain the middle class lifestyle that was once obtainable through hard work. Again, this is about the shrinking middle class, not about entitlement or people who refuse to work. Why is so hard for some people to grasp this concept?
Awww geez. You're layin it on thick now. Why is it so hard for you to understand the middle class, as a whole, barely even tries to save money or do anything that requires sacrifice. There's always been rich people in America. They'll find their ways to avoid taxes no matter what the highest income bracket is. You know why, because they're the ones that write the laws, pay the lobbyist and are overall smarter than all the rest of the pack.
This isn't different at anytime in history or any group of people no matter what currency they used. At some point in time you'll have to accept this as fact or become a revolutionary who causes a bloody insurrection. Just remember if you go with the bloody insurrection path not to fall into the absolutely corrupt camp because you know what they say about absolute power!
Since right-wingers are constantly posting threads accusing Liberals of being envious of the rich and wanting handouts, The costs of rising economic inequality
you post this like you are so holyier than thou elite person, thinking this is jsu a USA problem
why post about democrats and republicans, this income inequity is world wide and growing world wide, to include in the so-called socialist countries. Even denmark which has one of the lowest Gini ratings (least rich/poor gap) has had its gap grow in the last 2 decades
I agree and this is the point. Although income has increased across the board, it has done so at a disproportionate rate. While it has occurred at a low rate among the middle class, it has sky rocketed for the rich, skewing the distribution of wealth so that the rich hold 34% of it. It's been over thirty years in the making and not benificial for the economy.
Another thing that most Americans don't realize is that poverty increased substantially in this country during the Bush 43 Administration. In 2001 when George Bush Jr. took offiice 32.907 million Americans lived in poverty or 11.7% of the population. In 2008 the last year of the Bush 43 Adiministration 39.829 million Americans lived in poverty or 13.2% of the population.
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