"Study: The widening gap between the rich and the rest of us is ‘unsustainable’"

Discussion in 'Latest US & World News' started by TheChairman, Sep 8, 2014.

  1. danielpalos

    danielpalos Banned

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    Recourse to our enumerated rights regarding employment at will could solve simple poverty when due to a lack of income usually obtained in a more efficient market for labor. There is no reason to deny or disparage labor in unemployment compensation merely for being unemployed in any at-will employment State.

    As a form of minimum wage, it could be a recognizable, market based metric when applying for social benefits.
     
  2. MVictorP

    MVictorP Well-Known Member

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    So what? It's greed. If I was that wealthy, I would rather create a foundation rather than having 1 more car and 1 more house than my inflatable neighbor. I believe in voluntary simplicity, especially if it saves me the stress. What the use being rich if you are to busy or stressed to enjoy it?
     
  3. MVictorP

    MVictorP Well-Known Member

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    Wealth isn't infinite. It takes ressources, too. If I have a forest and cut it all without taking the time for re-sowing, my "wealth" will be the affair of, like, a year of self-indulgence, after which there would be no more trees.

    Now of course if you are a crook, you don't have this problem.
     
  4. MVictorP

    MVictorP Well-Known Member

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    Stock Market are speculation schit. When your society produces more economists and lawyers than farmers or engineers, it is clearly on its way down.
     
  5. TRFjr

    TRFjr Well-Known Member Past Donor

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    I listed 7 things and there is plenty more that are recourses that are intangible and infinite that is considered wealth and with those intangibles you can make the tangible resources practically infinite. for example we can produce twice as much food from one acre of land then we could 100 years ago through inventiveness and ingenuity did we double the resource of land? no we didn't we doubled the amount that resource can provide there for the wealth doubled
     
  6. danielpalos

    danielpalos Banned

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    nothing but diversion? there is no limit to some markets.
     
  7. Just A Man

    Just A Man Well-Known Member

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    And who decides when the playing field is equal? Maybe an imperfect human?
     
  8. Just A Man

    Just A Man Well-Known Member

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    You overlook the fact when Mr. Smith's wealth was amassed all other citizens had the same opportunity as he. And if Mr. Smith wants to leave his wealth to a progeny it's no one else's business. And what the progeny does with the wealth is also no one's business.
     
  9. Just A Man

    Just A Man Well-Known Member

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    If that's what you believe it's OK with me. But why would you want to enforce your beliefs on me. You do with your money as you wish and I'll not care. But allow me do with my money as I please.
     
  10. Phoebe Bump

    Phoebe Bump New Member

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    Of course not, I don't either. A capitalize who refuses to concentrate and monopolize ain't worth a tinker's damn as a capitalist.
     
  11. Phoebe Bump

    Phoebe Bump New Member

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    You don't know that and I sincerely doubt it. That might have been the case 200 years ago.

    A simple change of the law makes it everybody's business. You don't understand how easy that would be. But if you don't want to keep this country a meritocracy and would rather turn it into a monarchy, you belong in England with the dukies and their prancing polo ponies.
     
  12. AmericanNationalist

    AmericanNationalist Well-Known Member

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    In my economic thesis, I'll explain why Governor Brown failed:

    Hint: Government can't cut taxes, while artificially inflating its own budget. The budget didn't reflect on the tax cuts, resulting in a shortfall.
     
  13. hudson1955

    hudson1955 Well-Known Member Past Donor

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    Since I graduated from H.S. in 1973 and went to college, working part-time the entire 4 years, we all had the same opportunities to do well in H.S. and go to junior college or a University. Unfortunately, jobs for those with only a H.S. education were diminished by technological advances and the onset of the internet and outsourcing of jobs. Those that failed to adjust to this will lose. Those that adjusted will have a chance to earn more and succeed. No one but the individual is to blame.
     
  14. MVictorP

    MVictorP Well-Known Member

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    My point wasn't much about what you actually do with your money than the social incentives that pushes you to do so. In any case, greed, disparity, cronyism and off-shore accounts will bring in the end of capitalism, changing it into an oligarchy.
     
  15. Taxpayer

    Taxpayer Well-Known Member Past Donor

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    I'd concede all those points. But I'd still argue we can and should do things to try and maximize productivity. The recent federal programs to put money into community colleges with the hopes of getting useful skills into the hands of folks willing to learn them seems a good example.





     
  16. Turin

    Turin Well-Known Member

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    What if you believe that that person was making 50 million dollars due to a rigged system, which directly impacts your ability to make money?
     
  17. Taxpayer

    Taxpayer Well-Known Member Past Donor

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    Then I'd ask you to point to the rigging.




     
  18. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    The left always needs a bogeyman.

    Climate (to scare people)
    Wealth Gap (to make people angry)
    Racism (it's everywhere doncha know)

    - - - Updated - - -

    You directly impact your ability to make money but it is so much easier to blame some ghost you don't even know than take responsibility for yourself.
     
  19. Taxpayer

    Taxpayer Well-Known Member Past Donor

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    It's easier than solving real problems.




     
  20. Phoebe Bump

    Phoebe Bump New Member

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    That's up to US business owners and they've done a terrific job making their Chinese workers more productive.

    Would the last American worker please turn off the copy machine?
     
  21. AKRunner88

    AKRunner88 New Member

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    We live in a consumption based economy. If the consumption power of the middle class is dwindled and chomped away at over the decades, how is our consumption economy to survive? You can't consume if you have no money to consume with. Taking the nation's wealth and dispersing it among the rich, who do not consume in the way the middle class does, is a recipe for disaster.
     
  22. Daily Bread

    Daily Bread New Member

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    I really think the correct posing of that question should be which political party has destroyed the middle class and has hurt this country and the common folks most people realize it's the democrats .
    Example that is obvious in all liberal controlled states : NY the model democratic bastion has destroyed the middle class . Through years of liberal thought of throwing money at social problems we have taxed the common people into oblivion . NYC is a social welfare state in itself that now through its political stupidity is destroying its tax base of business and it's wealthy population which will cause them to move elsewhere. It's gotten insane and it's demise is imminent. NY suburbs are also losing middle class and it is soley because of giving liberal thinking politicians that they could give civil servants, ( teachers ,police volunteer , civil service workers ) contracts that make them the highest paid in the nation , so good for that matter a we haven't had a strike or threat of one in 70 years. They all say they deserve it because they consider themselves the "best". Now these same people who voted in people who made New York the great unaffordable politically correct bastion are moving out to the south where the expenses are a third of what they themselves created here. Good luck North Carolina, South Carolina as you receiving the same liberal garbage that destroyed my state with their ideas and will in turn do the same there .
    Think for yourself and stop looking through the rose colored glasses and understand the root reason the democratic party is in existence , Subjugation ,control and power. It's in the party's birth and history . Understand the messengers reason for expoliating the message and make a common since decision.
    Depression and demise thrive in the democratic state and it's self inflicted.
     
  23. TRFjr

    TRFjr Well-Known Member Past Donor

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    Consumption based economy is a fallacy
    I want you to explain how you consume a product or service before it is supplied
    we have a supply based economy
     
  24. Turin

    Turin Well-Known Member

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    And the right doesnt need their boogeymen? Give me a break. Both sides have things they fear.
     
  25. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    Yes they do and the reason is to try and get people to vote. It is generally something false but there may be a kernel of truth in some of it because that is how propaganda works. People don't vote generally because they don't care and why don't they care? They are generally complacent and satisfied with the status quo so the effort is to make them afraid or angry to get them to get off the couch and vote.
     

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