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Old 12-19-2020, 12:31 PM
 
Location: Houston
26,979 posts, read 15,905,578 times
Reputation: 11259

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Quote:
Originally Posted by Listener2307 View Post
Then what was it that made me financially independent?
Graduated high school, '63. Never went to college, and yet here I am - all the money and income I need with plenty left over. Something musta worked.
You probably worked.
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Old 12-19-2020, 12:53 PM
 
26,694 posts, read 14,582,163 times
Reputation: 8094
Quote:
Originally Posted by HJ99 View Post
Pull a percentage out of your rear lately?
Widely available statistics. Look under my blog.
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Old 12-19-2020, 12:54 PM
 
26,694 posts, read 14,582,163 times
Reputation: 8094
Quote:
Originally Posted by beach43ofus View Post
Q: So, if money is not trickling down, then were is it going?

A1: It's being amassed by the top 1%. See wealth gap trends.

A2: Lot's of American cash left America in trade deficits with China, Japan, Germany, Mexico, Canada...~$619B/yr, & growing:

https://www.thebalance.com/trade-def...county-3306264

A3: The gov't took it. A rapidly growing percent of America's GDP is being gobbled up by Gov't, leaving less for us. The fastest growing expense, Interest on the debt is $378B, and by 2034 it will nearly double to $655, & that assumes interest rates stay near all time lows. Scroll down on this linked article to the bar graph:

https://www.businessinsider.com.au/c...ingless-2010-1

If interest rates normalize, & spending trends continue, interest on the debt will bankrupt social security and medicare in some of our lifetimes. Our system will collapse, and all but the top 1% will live in poverty.
Is 1% the mark of evil? What about the 1.0001%? Are they evil too? What about you? How are you not evil?
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Old 12-19-2020, 02:18 PM
 
7,473 posts, read 4,021,809 times
Reputation: 6462
Quote:
Originally Posted by TimTheEnchanter View Post
Comparing minimum wage earners to being in slavery is ignorant and racist.
That term racist is getting used more often than Hero.......................
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Old 12-19-2020, 02:26 PM
 
Location: Corona del Mar, CA - Coronado, CA
4,477 posts, read 3,305,155 times
Reputation: 5609
Quote:
Originally Posted by dman72 View Post
This is exactly it. Before globalization, there was a trickle down effect in the US. the industrial revolution and the rise of the middle class proved it. But greed triumphs over patriotism,
Who's greed? It was the greed of the unions that killed the U.S. auto industry. The unions help put the nails in the coffin of the U.S. steel industry too.

Quote:
Originally Posted by dman72 View Post
You have people like Rush Limbaugh and all who came after him who've sold the crock..with a healthy dose of thinly veiled racial identity politics,
This is rich from The Left that invented racial identity politics.

Quote:
Originally Posted by dman72 View Post
Because someone runs training videos saying you can't make racist jokes doesn't mean they are a leftist.
No, but when the examples they run on training videos are only older white males and younger white males being "racist" you know the maker is a Leftie because they think only white males are sexist, racist homophobes.

Quote:
Originally Posted by J746NEW View Post
The WEALTHY spend more alright, but most of that is in GLOBAL STOCKS where the money leaves the country to invest in other countries.
I will take your source for the most of the wealth of the wealthy is invested in "global stocks".

Quote:
Originally Posted by J746NEW View Post
This is why I think we need to be pushing really hard to charge those that paid off politicians and sold out this country in order to fatten their wallets with Treason and the death penalty. I know my view is a minority and we need to push it in media and internet to get it rolling.
We have babied and worshipped these *******s when we should be marching them to the electric chair.
You mean like Bill Clinton, Joe Biden, Barrack Obama, Hillary Clinton, John Kerry, et al, who sold out the U.S. to the internationalists?

Quote:
Originally Posted by Jstarling View Post
Those low skilled immigrants come, work their butts off in jobs like poultry plants, landscaping and nursing homes for low, low pay and those hard-working parents sent their kids to college and those kids are part of what has made America great.
The low skilled illegal immigrants took jobs from Americans who could least afford to lose those jobs. Then the low skilled illegal immigrants moved into more lucrative jobs in construction, but at half of the pay what American workers were making; which took away a lot of good paying jobs and suppressed wages throughout the industries.

Quote:
Originally Posted by Jstarling View Post
I look at the honor roll names at my local high school and the majority have foreign-sounding names.
I will bet they are not the offspring of low skilled, low education illegal immigrants. I bet the names are Patel, Gupta, Chang, Nguyen, and the like. The offspring of hardworking legal immigrants.

Quote:
Originally Posted by HJ99 View Post
Pull a percentage out of your rear lately?
You are right. He was wrong. It is actually 88% according to Fidelity.

Quote:
Originally Posted by Roadking2003 View Post
This is true. Only a selfish person would think they are entitled to a portion of your income. Socialism is all about being selfish and entitlement. Socialism promotes the thought that what you earn doesn't belong to you, it belongs to selfish people. And that's why it always fails. Capitalism is all about boosting the standard of living for everyone. And it has been hugely successful for decades. Read the facts here; https://data.worldbank.org/indicator/SI.POV.DDAY
"FACTS? They can't handle the facts!"
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Old 12-19-2020, 05:36 PM
 
2,400 posts, read 784,685 times
Reputation: 670
Quote:
Originally Posted by Roadking2003 View Post
This is true. Only a selfish person would think they are entitled to a portion of your income. Socialism is all about being selfish and entitlement. Socialism promotes the thought that what you earn doesn't belong to you, it belongs to selfish people. And that's why it always fails.

Capitalism is all about boosting the standard of living for everyone. And it has been hugely successful for decades.

Read the facts here;

https://data.worldbank.org/indicator/SI.POV.DDAY
Brilliantly said. The truly selfish are those who demand a slice of someone else's pie, aka socialism.
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Old 12-19-2020, 05:39 PM
 
2,400 posts, read 784,685 times
Reputation: 670
Quote:
Originally Posted by whogo View Post
You probably worked.
No doubt!!!

Working diligently, with an eye to growing skillsets always works, EXCEPT under socialism.
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Old 12-19-2020, 05:45 PM
 
Location: Homeless
17,717 posts, read 13,550,226 times
Reputation: 11994
Quote:
Originally Posted by notnamed View Post
Fairly obvious conclusion given the stagnant wages(despite rising productivity), wealth concentration, and monopolization trends/shrinking GDP share of small businesses.

Fifty Years of Tax Cuts for Rich Didn’t Trickle Down, Study Says
Yet they keep trying to push this farce..
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Old 12-19-2020, 05:57 PM
 
26,694 posts, read 14,582,163 times
Reputation: 8094
Quote:
Originally Posted by txbullsfan View Post
Most reasonable compassionate people understand that trickle down economics do not work as we humans are all intrinsically greedy. We understand this even if those who have wealth try to push these false narratives of "you will benefit" if I get to keep more of my hoard, regardless of how it is spun, rinsed, washed and repeated. We understand that we and other humans will hoard more then what we need to the detriment of others because of our survivalist instinct.

The sooner we can evolve past this selfish way of thinking and enact policies and procedures that do the greatest good for the most people, even in opposition to those innate instincts, the better off we will be as a people and a civilization.

Any policy, law or procedure that puts and keeps wealth in the hands of the few at the expense and detriment of the majority is unethical. There is more then enough to go around for everyone but that will not happen if those in power continue to make laws and loopholes to benefit themselves, their friends and those in their tribe / circle at the expense of the majority. The ethical mentality should not be "I've got mine so get off my lawn" but instead, "I have mine, I have more then what I need so let me help you get yours to".

We are a smart and compassionate people. We can do better. I have faith in humanity to do the right, ethical and compassionate thing, even if it takes a little bit of time to get there.

This is not true. Although everybody is greedy to some degree, greed is not the driving force behind the entrepreneurs. Do you really think that Steve Jobs went to work every day at 7:00 AM and come back home at 12:00 AM is because he’s greedy? Even when he knew he’s going to die soon?

The part you people don’t understand is many of us go to work because we enjoy working and being productive.

Greed is the only motivation behind democrats.

Last edited by lifeexplorer; 12-19-2020 at 06:51 PM..
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Old 12-19-2020, 06:32 PM
gg
 
Location: Pittsburgh
26,137 posts, read 25,999,775 times
Reputation: 17378
Obama had 8 years to fix it. Why didn't he?
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