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The average American CEO makes 287 TIMES MORE than the average worker...biggest income disparity gap in the WORLD.
That's a lie.
The average CEO in the US earns $236,020 annually.
You can find the truthful information at the US Bureau of Labor Statistics instead of relying on a propagandistic Pukipedia article written by someone who has no education, training or experience in finance or economics and who deceptively and deceitfully lied by omission by not citing the US Bureau of Labor Statistics.
Quote:
Originally Posted by beach43ofus
If our markets were totally open, free, and fair, then I'd agree, but they are not. Big business pays lobbists to tilt laws into their favor. The more they tilt the gametable, the more out of whack the wealth distribution becomes.
Quote:
Originally Posted by ottomobeale
The biggest issue is the richest people buying congress to concentrate their power.
That's entirely you're fault.
Whenever you're ready to act like a United States Citizen.....
AMENDMENT XXIX
Section 1
Any person or organization shall not contribute money, or goods, or services in kind, or tangible property to a political campaign, or political candidate, or to a ballot measure who shall not be legally eligible to vote for the candidate or ballot measure. Section 2
Any person or organization shall not transfer money, or goods, or services in kind, or tangible property to a person legally eligible to vote for a political campaign, or political candidate, or ballot measure.
Section 3
Political parties shall disburse monies only within the State in which the funds for a political campaign, political candidate or ballot measure were raised, donated or accumulated, and shall not transfer monies to other States.
Section 4
(A) Any person or organization shall not, in connection with any political campaign, political candidate, or ballot measure, disseminate by any means a false advertisement.
(B) Any person or organization shall not, in connection with any political campaign, political candidate, or ballot measure, disseminate by any means any false or misleading description of fact, or false or misleading representation of fact, which is likely to cause confusion, or to cause mistake, or to deceive as to the affiliation, connection, or association of such person or organization with a political campaign, political candidate, or ballot measure, or as to the sponsorship, or approval of the false or misleading description of fact, or false or misleading misrepresentation of fact, by a political campaign, political candidate or ballot measure.
(C) The term "false advertisement" means an advertisement which is misleading in a material respect; and in determining whether any advertisement is misleading, there shall be taken into account (among other things) not only representations made or suggested by statement, word, design, device, sound, or any combination thereof, but also the extent to which the advertisement fails to reveal facts material in the light of such representations or material with respect to consequences which may result.
Section 5
Any person who knowingly or willfully commits a violation of this Amendment shall be imprisoned for not less than 10 years and fined not less than 300 percent of the amount of money, goods, or services in kind, or tangible property, transferred or conferred upon the candidate, campaign or ballot measure.
Section 6
The Congress and the several States shall have concurrent power to enforce this article by appropriate legislation.
AAH, those explosions and meltdowns keep some of us concerned about accidents and spent fuel.
IMO, we are going to see many energy innovations in the next few years. The interruptions and price instability due to conflicts will tilt the markets just enough to make it worthwhile to start weaning us off off fossil fuel.
But we have no problem with nuclear powered carriers and submarines roaming the world. Brilliant.
Every international measurement of income inequality says otherwise. Not even the most die-hard libertarians in here deny that America is a land of extreme inequality. They celebrate oligarchy and will reel off dozens of oligarchs they laud as the epitome of the libertarian ideology.
The truth? Sweden has a top 10 billionaire per capita rate (US isn't even in the top 10) and a 15% poverty rate. The US has fewer billionaires per capita and an 11.8% poverty rate.
Don't expect an answer. Guess who is also running/ran in 2020 and is going nowhere? Billionaires Bloomberg and Steyer.
Multiple billionaires running is the canary in the coalmine. We can envision a future where only billionaires can run for office and be viable candidates. The door is rapidly closing for anyone to be able to win any federal election race without support from at least a few billionaires.
Multiple billionaires running is the canary in the coalmine. We can envision a future where only billionaires can run for office and be viable candidates. The door is rapidly closing for anyone to be able to win any federal election race without support from at least a few billionaires.
The peak #, in 2006, was 273. The peak now is 289.
You also don't seem to understand the idea of "market rent". Somebody has to be willing to pay it. Rent on a 600K outlay has to be about 4x the rent on a 150K house.
Since it's what I do, I completely understand the idea of "excess" money driving up housing prices. I also understand that there were many places during the recession (not 2006 or 2007) that a LOT of investor CASH came in and bought depressed-price homes that buyers would have liked to purchase and occupy.
But you still haven't painted that scenario, despite changing the conversation from 5 houses and 5 people to 5 houses and 6 people, one of whom is a "millionaire".
Once again, your bolded figure is HOUSEHOLD income, not INDIVIDUAL income.
Just to show you the difference, our household income is $80k per year, but neither me nor my fiancee earn that much ourselves. I earn $60k and she earns $20k. So her figure is pretty far from our household figure.
There's no way that the median resident of Lynwood is earning the equivalent of $20+/hr all by themselves
Please provide a specific example how the rich buy political power when every politician is democratically elected by one person one vote.
OK. You are definitely a troll or the most naive person ever. There can't be any other explanation for this post.
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