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Yep, we'll pretend you don't see any correlation between the accumulation of wealth and the level of income. In your world anyone can accumulate wealth no matter how little they earn.
FYI, your can, "you don't know the difference between income and wealth" is getting old and is an indication of your lack of critical thinking, you need to update your clique talking points.
Yep, lets pretend income = wealth, in order to pretend you know what the hell you are talking about. I've seen people with incomes of millions + a year, die broke, and I've seen people with $50K a year income, die a millionaire.
Quote:
Originally Posted by buzzards27
FYI, your can, "you don't know the difference between income and wealth" is getting old and is an indication of your lack of critical thinking, you need to update your clique talking points.
FYI, one would think that after the 100+ times we've discussed wealth, you'd understand that wealth and income isnt the same thing. If you are getting tired of me telling you the difference, then maybe you'll educate yourself and stop acting like a 10 year old who refuses to comprehend one isnt the other.
We were clearly discussing wealth and the only evidence you could provide had absolutely positively nothing to do with wealth.
FAILURE.. Even greater than Obamas pledge of unity..
Only one person needs an education, I suggest you start here.
Quote:
In theory, those who own a great deal of wealth may or may not have high incomes, depending on the returns they receive from their wealth, but in reality those at the very top of the wealth distribution usually have the most income. (But it's important to note that for the rich, most of that income does not come from "working": in 2008, only 19% of the income reported by the 13,480 individuals or families making over $10 million came from wages and salaries. See Norris, 2010, for more details.)
Good article about income and wealth, if you're going to keep spouting off nonsense about either you should read it...
"A whopping 94% went to the top 20%, which of course means that the bottom 80% received only 6% of all the new financial wealth generated in the United States" ... between 1983 and 2004.
Wealth is the accumulation of EXCESS income. If you use every penny you earn paying for basic needs, food, clothing, shelter and the costs to produce that income you don't have excess income to accumulate.
Wealth is the accumulation of EXCESS income. If you use every penny you earn paying for basic needs, food, clothing, shelter and the costs to produce that income you don't have excess income to accumulate.
Aero I agree- he does not have the leadership qualities that we need in a President.
But he got the Democratic nomination - to the surprise of a lot of us who assumed it would be Hillary. And once McCain chose Palin as his running mate there simply was not a choice.
Point of contention...
McCain/Palin were leading and had momentum until the trap door, that is the economy, fell in. I wonder who pulled out the supports?
No, whats childish is you havng a discussion which says that wealth must be taken from person A in order for it to grow for person B, and then you post all of this garbage which has absolutely nothing to do with your argument.
Here, lets blow your argument out of the water, during periods of recession, like the one we are in, where did the wealth go? According to you, it must go to someone, so tell me where it is. And during years of economic boom, say during the late Clinton years, where did the wealth come from? Validate you know what the hell you are talking about by answering these 2 simple questions.
McCain/Palin were leading and had momentum until the trap door, that is the economy, fell in. I wonder who pulled out the supports?
I contend that you are making this up out of thin air.
The economy was in the doldrums most of 2008. The GOP convention was in the summer. When was there a McCain/Palin ticket when the economy was not bad?
This poll, taken in Sept. 2008, says that McCain tied Obama after trailing by 8%. I do not believe it got any better than that.
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