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The 1996 Welfare Reform slashed welfare rolls and largely eliminated America's social safety net
That's not what the Census shows...
Quote:
"The 1996 Personal Responsibility and Work Opportunity Reconciliation Act (PRWORA) gave states greater flexibility to formulate and implement initiatives to reduce welfare dependency and encourage employment for members of low-income families with children. For the nation, in 2006, 10 years after passage of the Act, the birth rate for women 15 to 50 years old receiving public assistance income in the last 12 months was 155 births per 1,000 women, about three times the rate for women not receiving public assistance (53 births per 1,000 women)."
If America's social safety net had really been "largely eliminated," how could those receiving public assistance handily afford to outbreed everyone else by a rate of 3 to 1?
No, your analogy is totally wrong. The NCAA playoffs are a zero sum game. There can only be one winner.
I the real world of the USA, there is virtually no limit on the number of winners. It is not a zero sum game. And the fact that Bill Gates made billions does not in any way prevent me from making huge sums of money.
Millions of people are winners. Millions of people shoulder their responsibilities and achieve financial success every year.
Your the one who is wrong the United States has a finite area, finite resources and a countable number of people, the only thing we have that is unbounded is we can create as much debt as we want. Now we can create people like Bill Gates but he is maybe one in a million or maybe one in 300 million. You are free to make as much as he but the odds are infintessimal in practice. We could put all the people who made fortunes in the dot coms or silicon valley in a single super jumbo jet like the A380. It is that small. The vast majority of 330 million Americans are the losers in our modern economy. Yet will still buy that Horatio Alger crap that any one by luck and pluck can pull himself by his boot straps and join the Saville Row crowd.
That the illusion that many have that they may be billionaires is just that an illusion. Don't crush the middle class based on your belief that you will somehow become a billionaire one day if the system does not change.
Your the one who is wrong the United States has a finite area, finite resources and a countable number of people, the only thing we have that is unbounded is we can create as much debt as we want. Now we can create people like Bill Gates but he is maybe one in a million or maybe one in 300 million. You are free to make as much as he but the odds are infintessimal in practice. We could put all the people who made fortunes in the dot coms or silicon valley in a single super jumbo jet like the A380. It is that small. The vast majority of 330 million Americans are the losers in our modern economy. Yet will still buy that Horatio Alger crap that any one by luck and pluck can pull himself by his boot straps and join the Saville Row crowd.
Wrong. Your scenario only is true if we live in a bubble, and currency from other countries dont move freely around the world, but reality is, it does. When americans acquire enough international currency, then those countries have to issue more currencies, thereby devaluing THEIR money.. As it is right now, we are devaluing ours because we have too many people who moan and groan rather than doing something about their scenario.
Bill gates is a multi billionaire...huge difference. A million dollars in assets is not anywhere in the league with top .01 of the top 1 percent.
At a million dollars in assets nobody cares about your taxes. When you start making a million a year....then that is when we start care about you paying taxes. I don't think you have any concept of the income disparity. Please take a look at the chart in the OP.
A million dollars in assets is a drop in the bucket.
Not since before the great depression have we had such inequality in wealth distribution. There is a correlation between the disparity and taxes. The lower the taxes the higher the disparity. The greater the taxes the less the disparity and the larger the middle class. Anyone who tells you that taxes on the rich kills the middle class just needs to look at the charts.
You are looking at the symptom, not the major causes.
The economic causes include:
The aging of the baby boomer's, most wealth and high income flow to people who are older.
Technological revolutions push wealth and income to an innovative generation like the boomer's.
Those inequities do became skewed as these natural forces evolve and the regulations favor those in power but they are not the main cause.
We should use this time to reorganize the system, not just keep handing the privileged elite more wealth and power by taxing and regulating those not properly connected.
How so? Did 1930s Germany have a dependent class that was outbreeding by a rate of 3 to 1 those who were forced to pay for them?
No, they did not.
Your totally misplaced analogy fails.
One of the first things done by the new German government in 1933 was to empty out Germany's sanitariums and hospitals of the mentally disabled, or congenitally disabled and send them to special facilities where a few days after arrival they would send a letter to their families that they had passed away and that the bodies had been taken care of. Of course this was done to help improve the German race by getting rid of defective individuals who might contaminate the German Volk. The handicapped are a dependent class and the extermination of these people by the Third Reich was but the first jackboot goose step down a dark road that lead ultimately to Auschwitz. If the boot fits wear it eh.
One of the first things done by the new German government in 1933 was to empty out Germany's sanitariums and hospitals of the mentally disabled, or congenitally disabled and send them to special facilities where a few days after arrival they would send a letter to their families that they had passed away and that the bodies had been taken care of. Of course this was done to help improve the German race by getting rid of defective individuals who might contaminate the German Volk. The handicapped are a dependent class and the extermination of these people by the Third Reich was but the first jackboot goose step down a dark road that lead ultimately to Auschwitz.
Are you trying to claim that that particular group of people were outbreeding the taxpaying Germans who supported them by a rate of 3 to 1? Where's your proof of that?
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