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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
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.
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.........
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)
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.
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.
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).
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