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Old 05-30-2019, 08:35 PM
 
1,950 posts, read 1,132,570 times
Reputation: 1381

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Quote:
Originally Posted by PedroMartinez View Post
Really? Explain how so many early Microsoft workers became so wealthy.
Early Microsoft employees were well compensated for joining early. Your example actually doesn't support Trickle down.... it does the opposite.
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Old 05-30-2019, 08:38 PM
 
34,619 posts, read 21,673,298 times
Reputation: 22232
Quote:
Originally Posted by Mr.Hospitality View Post
Early Microsoft employees were well compensated for joining early. Your example actually doesn't support Trickle down.... it does the opposite.
Lol.

How did so many middle-class people ended up millionaires? Do you think they embezzled money from Bill Gates?

The money trickled down.
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Old 05-30-2019, 08:48 PM
 
Location: Gaston, South Carolina
15,722 posts, read 9,556,336 times
Reputation: 17618
Quote:
Originally Posted by Tonyafd View Post
Interesting conclusion. The rich pee on us and if we are smart we tell our republican bosses that we like golden showers.
Not sure if this is a reference to Trump or what.
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Old 05-30-2019, 08:50 PM
 
Location: Texas
37,971 posts, read 17,921,644 times
Reputation: 10383
Quote:
Originally Posted by dman72 View Post
Now reality: the majority of the tax cuts go into the pockets of those who are already in possession of the vast majority of the wealth, and none of the things you describe consistently happen.
Now the truth. All of the things I described happens normally. If you had some examples you would have given some. But you don't so you can't.


Quote:
Originally Posted by dman72 View Post
That is definitely the case state side. Maybe companies expand overseas, but that does little good for the people for whom government policy is supposed to serve. Cheap chinese goods at Walmart don't = a higher standard of living.
Companies expand here, Not that you care about the truth. And yes, less expensive goods from Walmart means the people have more money left over to spend. Your post is absurd.
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Old 05-30-2019, 08:51 PM
 
Location: Proxima Centauri
5,819 posts, read 3,246,697 times
Reputation: 6150
Quote:
Originally Posted by bobspez View Post
As an employee you are like a piece of furniture. You get paid to be used and your pay depends on how useful you are. I never expected or wanted to be rich, I just wanted to be comfortable and I am. I remember one year about a decade before I retired the CEO awarded himself a $60 million bonus, and kept our annual raise package down to 2-1/2%. That's the way it is.

This guy just told it how it really is. Our labor makes them rich and we live on inflation level crumbs.



We drink Bud and have a case in the fridge, they drink Grand Marnier and have a dozen bottles in the closet.
We drive a Ford Focus, they drive a BMW seven series.

We live inland where they dump their corporate waste, they can see the ocean when they wake up.
We drive our Focus thirty miles to work, their helicopter lands on the building.
We fly coach, they have a jet.


I'm not asking for half of the cake, but they can afford to give us a couple of more weeks off with pay, a decent pension that adjusts for inflation, medical coverage, and compensation for overtime worked.
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Old 05-30-2019, 08:55 PM
 
34,619 posts, read 21,673,298 times
Reputation: 22232
Quote:
Originally Posted by Tonyafd View Post
This guy just told it how it really is. Our labor makes them rich and we live on inflation level crumbs.



We drink Bud and have a case in the fridge, they drink Grand Marnier and have a dozen bottles in the closet.
We drive a Ford Focus, they drive a BMW seven series.

We live inland where they dump their corporate waste, they can see the ocean when they wake up.
We drive our Focus thirty miles to work, their helicopter lands on the building.
We fly coach, they have a jet.


I'm not asking for half of the cake, but they can afford to give us a couple of more weeks off with pay, a decent pension that adjusts for inflation, medical coverage, and compensation for overtime worked.
Increase your value and you'll increase your pay.

Or, keep hoping for handouts.

Most millionaires in the US didn't inherit their wealth.
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Old 05-30-2019, 08:55 PM
 
9,329 posts, read 4,155,425 times
Reputation: 8224
It's pretty well documented by now that trickle-down doesn't work.

I heard an astounding statistic, but I hesitated to start a thread about it, because I prefer it when I can include the equivalent of documentation, and this was just something I heard in passing on the news and wasn't able to write down enough details to find it online.

But as far as I can re-construct, they said that 8% of the national income, in the vicinity of a trillion dollars, was siphoned away from working people and flowed up to the ultra-rich.
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Old 05-30-2019, 08:57 PM
 
12,772 posts, read 7,998,400 times
Reputation: 4332
Quote:
Originally Posted by Tonyafd View Post
This guy just told it how it really is. Our labor makes them rich and we live on inflation level crumbs.



We drink Bud and have a case in the fridge, they drink Grand Marnier and have a dozen bottles in the closet.
We drive a Ford Focus, they drive a BMW seven series.

We live inland where they dump their corporate waste, they can see the ocean when they wake up.
We drive our Focus thirty miles to work, their helicopter lands on the building.
We fly coach, they have a jet.


I'm not asking for half of the cake, but they can afford to give us a couple of more weeks off with pay, a decent pension that adjusts for inflation, medical coverage, and compensation for overtime worked.
I know it may come as a shock, but I'm nowhere near the 1% but I pretty much have all of these things in one way or another in my job. Hard work pays off.
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Old 05-30-2019, 08:59 PM
 
34,619 posts, read 21,673,298 times
Reputation: 22232
Quote:
Originally Posted by Clarallel View Post
It's pretty well documented by now that trickle-down doesn't work.

I heard an astounding statistic, but I hesitated to start a thread about it, because I prefer it when I can include the equivalent of documentation, and this was just something I heard in passing on the news and wasn't able to write down enough details to find it online.

But as far as I can re-construct, they said that 8% of the national income, in the vicinity of a trillion dollars, was siphoned away from working people and flowed up to the ultra-rich.
The average US hiusehold has 2 cars, 3 tvs, a refrigerator, a washing machine, a gaming system and air conditioning.

Want to compare that to the world average?
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Old 05-30-2019, 08:59 PM
 
Location: Just over the horizon
18,473 posts, read 7,118,859 times
Reputation: 11723
Quote:
Originally Posted by Tonyafd View Post
I have found a list of the best compensated Business Executives in America.


https://www.bloomberg.com/graphics/2...est-paid-ceos/


How is it working out for you?



Starting a new job in a few weeks.

$20k more than I make now with better benefits and 3x the vacation time.


I guess I can't complain.
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