Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 07-24-2011, 11:58 PM
 
Location: Long Island
32,816 posts, read 19,508,953 times
Reputation: 9619

Advertisements

Quote:
Originally Posted by jojajn View Post
To prevent the US from having income disparity such as is seen in third world countries. I believe the income disparity we are seeing in the US is unhealthy for the progression of any country.
you do understand the income disparity is growing world wode,,,thoughout europe and asia

this is not an USA issue...it is happening everywhere

the rich will ALWAYS have theirs....quit being so jealous of what you dont have...your live longer, with less greyhair
Reply With Quote Quick reply to this message

 
Old 07-25-2011, 12:07 AM
 
591 posts, read 866,982 times
Reputation: 691
Quote:
Originally Posted by Roadking2003 View Post
I'm not sure why any of this information matters..... Why does anyone care about the income or wealth gap?

Because history repeats itself, and the chart pattern of the market will repeat itself, and thus the oligarchs at the top will either lose their hegemony in it or murder millions to maintain their position (translation: martial law). The default would be the fuse.
Reply With Quote Quick reply to this message
 
Old 07-25-2011, 12:46 AM
 
7,473 posts, read 4,023,369 times
Reputation: 6462
Quote:
Originally Posted by Doctor Blues View Post
Because history repeats itself, and the chart pattern of the market will repeat itself, and thus the oligarchs at the top will either lose their hegemony in it or murder millions to maintain their position (translation: martial law). The default would be the fuse.
Oh I don't think so...........if it gets that bad the rich will just suffer the same fate as the rich did in the french revolution..........
After all like you said.. the very rich are only 1%..........not good odds when the other 99% are pissed and starving with nothing to lose.........
Reply With Quote Quick reply to this message
 
Old 07-25-2011, 01:45 AM
 
29,939 posts, read 39,489,971 times
Reputation: 4799
Quote:
Originally Posted by Fiddlehead View Post
How dare you talk about wealth redistribution. Those CEOs earned every penny! And those workers should just watch their step. They can be replaced.
The problem isn't that you're equally distributing money.

The problem comes about when you get close to the end of that distribution and you, and everyone else around you (including everyone you've ever known), are stuck holding $11,200 (2010 dollars) for an entire year. (That's $5.38/hr by the way)

Good luck!
Reply With Quote Quick reply to this message
 
Old 07-25-2011, 02:11 AM
 
Location: Wisconsin
25,574 posts, read 56,516,335 times
Reputation: 23392
Answer to the income disparity (and our financial crisis) is spelled out very succinctly, here:

Rival Debt Plans Being Assembled by Party Leaders - Readers' Comments - NYTimes.com
Reply With Quote Quick reply to this message
 
Old 07-25-2011, 10:45 AM
 
Location: Midwest
38,496 posts, read 25,846,421 times
Reputation: 10790
Quote:
Originally Posted by Ariadne22 View Post
Answer to the income disparity (and our financial crisis) is spelled out very succinctly, here:

Rival Debt Plans Being Assembled by Party Leaders - Readers' Comments - NYTimes.com
Thanks for the link.

A clip from it:

Quote:
Why don't people aske Republicans to provide some evidence for their dogmantic statements. For example, they say raising taxes even a little on the Rich will kill jobs. Well, Clinton raised taxes in the midst of a recession. These same higher rates were in force during his administration which created 20,569,000 new private sector jobs and left his successor a surplus. Bush II cut taxes during a recession and created 118,000 new private sector jobs and left his successor the largest deficit in US history.
Reply With Quote Quick reply to this message
 
Old 07-25-2011, 10:51 AM
 
29,939 posts, read 39,489,971 times
Reputation: 4799
Quote:
Originally Posted by jojajn View Post
Thanks for the link.

A clip from it:
How about you explain to everyone why your team is dumping buckets of water they've pulled from the sea into our sinking ship...
Reply With Quote Quick reply to this message
 
Old 07-25-2011, 10:56 AM
 
Location: Midwest
38,496 posts, read 25,846,421 times
Reputation: 10790
Quote:
Originally Posted by BigJon3475 View Post
How about you explain to everyone why your team is dumping buckets of water they've pulled from the sea into our sinking ship...
You mean the sinking ship that GWB bailed out of?
Reply With Quote Quick reply to this message
 
Old 07-25-2011, 10:57 AM
 
22,768 posts, read 30,756,787 times
Reputation: 14746
Quote:
Originally Posted by jojajn View Post
Just wondering the economic phenomenon for this
there are many causes, one of them is the increasing profits and political clout of the financial sector, relative to the sectors of the economy that actually produce something.



The Quiet Coup - Magazine - The Atlantic

Reply With Quote Quick reply to this message
 
Old 07-25-2011, 11:36 AM
 
29,939 posts, read 39,489,971 times
Reputation: 4799
Quote:
Originally Posted by jojajn View Post
You mean the sinking ship that GWB bailed out of?
You wanted him for a third term?

On this planet we made term limits for presidents and his was up, just so you know.

And the ship has been sinking for over 100 years now. Your side has been pulling water from the sea and dumping it in the ship (entitlements as far as the eyes can see) and the other side is removing that water keeping things afloat (with wars).
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6. The time now is 06:52 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top