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Equal outcome - chasing after unicorns and rainbows.
Nobody is suggesting that the government should try to force equal outcomes. That's a straw man created by far-right media outlets. What government must do is prevent the excessive concentration of wealth.
In all societies, the rich get richer and the poor get poorer, without some kind of government intervention. Wealth redistribution exists to prevent the formation of a permanent aristocracy/ plutocracy that would threaten our democracy.
Too much wealth in too few hands inevitably leads to corruption of government, as concentrated wealth is used to buy politicians. That was exactly the situation in the late 1800s: the country was effectively ruled by a few ultra-wealthy individuals (Rockefeller, Carnegie, etc). It wasn't until Franklin D. Roosevelt that the plutocracy was finally broken.
The most prosperous period of our nation's history (the 1950s and 1960s) had a top marginal tax rate of 90%. Imagine a president trying to do that today! If Dwight D. Eisenhower were running for office today, he'd be branded a "socialist" or a "communist."
Let's not forget the many kids who's parents are killing themselves with opiods. What chance do they get?The point is, America is over. Trump isn't getting it back. He set himself up for failure with all his talk. He'll never deliver on 1/5th of it.
The theme of this thread, though, is that inequality is growing. Trumps stock market win will not help main street. And we have some evidence that main street's only way back to equality is through major conflict.
Since we know all of that, what can you do?
(Sound of siren and traffic stop)
"Alright, pull over to the right margin.
"You're under arrest for typing while intoxicated. Anything you say can and will be held against you in a manuscript review. You have the right to an editor and to have that editor present during any attempt you make to explain just what the heck you're talking about.
"If you cannot afford an editor, you're out of luck because C-D isn't going to provide you with one for free.
"Do you understand each and every one of these rights as I have explained them to you...?"
"The one percent" is easier to say, but people making these points would be more correct if they used "the top one-tenth of one percent", as Sanders does.
Natural, I've been saying this for along time especially since Obama called high income the rich. Obama went after a middle class people who managed to climb out of the middle class income and into higher incomes. They were not the uber rich that the left rail against. Democrats mislead people so they could funnel more money from hardworking people to government.
A lot of those Democrats and Liberals STILL don't get it.
Nobody is suggesting that the government should try to force equal outcomes. That's a straw man created by far-right media outlets. What government must do is prevent the excessive concentration of wealth.
In all societies, the rich get richer and the poor get poorer, without some kind of government intervention. Wealth redistribution exists to prevent the formation of a permanent aristocracy/ plutocracy that would threaten our democracy.
Too much wealth in too few hands inevitably leads to corruption of government, as concentrated wealth is used to buy politicians. That was exactly the situation in the late 1800s: the country was effectively ruled by a few ultra-wealthy individuals (Rockefeller, Carnegie, etc). It wasn't until Franklin D. Roosevelt that the plutocracy was finally broken.
The most prosperous period of our nation's history (the 1950s and 1960s) had a top marginal tax rate of 90%. Imagine a president trying to do that today! If Dwight D. Eisenhower were running for office today, he'd be branded a "socialist" or a "communist."
Do you actually think anyone would get out of bed and go to work if they had to pay 90% of their income to government? And that would be SLAVERY.
By the way, back then they didn't have credit cards, the few that did exist wasn't common. They didn't have computers, everything was CASH and paper. The first universal credit card, which could be used at a variety of establishments, was introduced by the Diners' Club, Inc., in 1950. Another major card of this type, known as a travel and entertainment card, was established by the American Express Company in 1958. The majority of people paid CASH.
But the vast majority of Americans who have any sort of retirement plan got richer too.
1) You are attempting to communicate with a person who thinks that Donald Trump runs the Stock Market.
2). Any person who believes that Mr Trump runs the Stock Market is reliably totally clueless that Pension Funds, IRA's & 401K Accounts invest in the Stock Market for the gains to support the funds for Retirement.
There really are those who believe in these Secret Money Trees that grow in Special "safe" Spaces.
There really are those who believe the Stock Market is a Casino somewhere that Donald Trump is in charge of.
I was born in the bottom 1% and was dirt poor till around 22. Then from 22 to around 50 middle class, now I am in the top 1%.
Several folks at work fit that bill. The 1% at top a lot used to be dirt poor that is what motivates folk.
That's my life too although we were just above poverty. Then I moved into the middle class and then into the top 1%. Now I'm in the to 5% but that's because I've decided the time I have is worth more than continuing to work so hard to grow a business only for a government who see's me as a piggy bank for their money grab. Life's too short.
The rest of the bottom 1% could have just as easily made it to the top 1% like you, but they were just too lazy, so they deserve their fate.
People who think government can legislate their prosperity will never make it to the 1%.
The first thing they'd have to do is change their mindset... their view of the world and money and their actions may follow. Many would rather stay angry and wait in hopes a politician will use his pen and his phone.
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