U;tra- Rich are screwing the middle class and the poor

Since 1% of the populous owns 40% of the world's wealth, it doesn't surprise me that your ability to 'retire in the top 10% of wealth', as well as your ability to mingle amongst the wealthy and 'succeed' occurred. I don't know what you do but, if you're in the top 10% then, you've done something to somebody, somewhere along the line, and stepped on another person or persons to "succeed". That's the ONLY way to succeed, I know, and I reject the premise.

 

Except the fatter thieves will slice their throats too. They just don't realize it yet.

 

They're doing it legislatively. If the elites are not making enough money, they get a law changed that enables them to make more money. It's really pretty easy. Been that way since Reagan.

 

You are absolutely correct.

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That is truthful.

 

You have to be a back stabber to make any decent money today, and then, it's only temporary. That's just the way our crapitalist, corporate system has evolved.

 

I disagree! Backstabbers whether they be leadership of the laborer tends to cause one to eventually fail. Most people who fail do so out of their own ignorance and unwillingness to pursue the choices needed to succeed. One of the most prominent causes of failure is bitterness sensed by others in the work place. Bitterness is self defeating.

 

Bitterness IS self defeating, you are correct. Backstabbing is what the corporate entities WANT though. They want to see everybody at each others throats, fighting over scraps. They think it makes them more profit if they perpetuate that environment. It's rampant throughout the workplace today. Just a matter of reality, bro.

 

Well, all those lobbyists with their $1,000,000 salaries are making money for someone or they wouldn't by lobbying. They ain't making anything for me.

 

The level of petty jealousy here is absolutely pathetic. People like this have no personal accountaility and blame everybody else for their failure.

I'm going to respond to all of this bs when I get home from work. If all you have to offer is petty jealousy and saying the only reason you're not wealthy and successful is because you refused to backstab people then take that self defeating bs to somebody else. Cause I aint buying it.

This is a question for all the socialist wannabes. You keep vilifying the 1%. I won't ask you how much you make but do you make more than $32,000 a year?

 

I love the conservative mind. I hope they never go away. Now............and according to them, when you point out bad treatment..................you are not pointing out bad treatment, you are only jealous! LMAO!

Point out a thief to the cops...............you are not trying to get your stuff back or get justice, you are ONLY doing it because you are jealous.
Point out rule breaker to your employer...............you are not trying to keep your work environment safe, you are ONLY jealous of the rule breaker.

 

1. A job was never a guarantee to stay out of poverty.
2. The middle class and the poor aren't getting screwed by anyone.
3. The ULTRA-RICH are not screwing anyone.
4. It's stupid to stereotype Republicans and Ayn Rand and ELITIST.

You have stated no identifiable problem(s) and obviously no solution(s)...just a political rant. Maybe if you could clearly and concisely explain what you believe to be a 'problem' you might get better response from your readers...

 

You're going to have ups and downs or booms and busts as you call them in every single market regardless of what market it is. That is the nature of market forces. A bust does not mean the economy has failed just like a boom doesn't mean it has succeeded. It simply is and the market will correct itself and needs ZERO help from governmental forces.

Basically what you're advocating for is the GOVERNMENT (or the socialist elite) to dictate where the market goes and capitalism wants the MARKET (or the people) to dictate where the market goes.

Also... the socialism CAUSED the bust... it was the explicit cause of why the economy crashed like it did. Without the socialist impact, the economy would be just fine.

 

That's simply not true. I was born very poor and I'm on my way to becoming extremely successful and retiring well before i'm 45. The same is true with many other people who were in my situation. I didn't have a handout. I didn't cry when I fell down and beg the rich people to help me or worse yet say they screwed me over and I should be allowed to steal their money. I didn't expect anybody to give me a damn thing. I made good decisions. I went to school, I paid attention in class and did my homework and got good grades while my friends were sniffing ridilin, smoking weed, doing blow, going to parties, having sex with women, making good money (for our age) because they quit HS or went and got a job immediately after HS. So while all of them were clubbing and partying... I was studying and trying to succeed in college. I graduated summa cum laude with a 3.918 GPA because I busted my ass to get to where I was. While they were having a good time, I was sacrificing.

I expected to learn, work hard, put in the time and effort and even with all that I might fail.... but I also might succeed. Failing would mean I'm not superrich, but I'd be in a position where I didn't have to worry about getting a full and a part time minimum wage job just so I could feed myself and my family.

Regardless... It's EXTREMELY easy to put yourself in a position where you're not going to be making minimum wage. All it takes is a little effort and sacrifice. Now I'm supposed to give away my hard earned money to those slack pieces of crap who were partying while I was studying? I'm supposed to feel bad because we're 30 now and he works for minimum wage and I'm making $136,000 a year? If you're not willing to put in the effort and sacrifice and you want me to pay for you... then **** you... you can work that minimum wage job and I hope you have to get 2 or 3 of them.

(again... the you is not talking about you specifically... it's a generalized "you")

 

Those are not even comparable to what he was doing. He was crying because he wasn't rich and he claimed it was because he didn't stab people in the back. He then goes on to accuse this other guy that there was NOOOO way he could get rich unless he stepped on people and didn't care about others on the way to the top. That's nothing more than petty jealousy... and it's pathetic.

 

How can that be a good solution when you're clearly far less intelligent than me?

 

The upper 10% of US population, accounts for 10 Trillion of the 15 Trillion GDP.

They contribute 1 Trillion dollars to the annual Federal Budget of 3 Trillion. Thats 10% of their share of GDP

The other 90% of population, with 5 Trillion GDP is asked to pay 2 Trillion. Thats 40% of their share of GDP.

This needs to change.

Uber wealthy 10% should pay 50% of their share of GDP, which would be 5 Trillion dollars.

The other 90% need only pay 1 Trillion, which would be 20% of their share of GDP.

Of this 6 Trillion, 1.35 Trillion could be allocated for 270 million American citizens (the 90%) as a $5000 dollar/person annual "dividend" for being a citizen of the Corporation of USA.

Thats $400 month for each of the 270 million US citizens. Which they can save, or spend. Im betting they spend it.

This is what I refer to as "Recycling" as opposed to merely redistribution. Recycling, because that money taxed from the upper 10% uber wealthy will cycle right back up to them as the majority of the public is a consumer public.

Therefore, of that 50% tax on their annual 10 Trillion GDP, the uber wealthy 10% recover 90% of that as the other 270 million people likely will spend 90% of their "dividend".

Everyone therefore wins. The only real difference, will be that the rate of increase in wealth, per year, for the uber wealthy will be not the steep accellerated curve it is now, but more of very modest slope approximately 5-10% increase per year.

Thus, even with the 50% tax on their share of GDP, the uber rich will see their GDP increase by 1 Trillion each year, as the money taxed, is recycled again, back to them, as the 90% spend it.

 

The poor and the lower middle class are getting and the upper middle class and the rich are giving.

 

Wrong. Middleclass people being taxed the worst. Uppermiddleclass about 25%of their share GDP, Wealthy only paying about 10% of their share GDP.

If the poor were truly getting anything, then they would not be poor.
If lower middleclass were getting anything, then they would not be sinking into poverty.

Therefore, whatever foodstamps, or welfare checks they may get, are only covering their expensed for food, clothing, shelter. There are no jobs enough to pay for any more.

Therefore, my proposal, is the idea of recycling, which is an additional annual dividend from taxation of the uberwealthy, which each of the 270 million persons in the 90%, can receive as a modest, but steady, income, that will cycle through the economy, as they buy commodities that the uber wealthy owned factories manufacture using computerized, automation, rather than 25 cents/hr 3rd world human slave labor.

 

Man , you are asking from a communist to convince you that being middle class ( exploited) can be a good thing....
seriously don't do that it isn't wise .

 

Nope, socialism doesn't cause fiscal collapse. Austerity and spending cuts do.

 

I'll ask you again. If those people who got those loans paid them back, would we be in the situation we were in in 2008?

 

It was sarcasm.

 

So was my answer.

 

What system without any debt is better? Nothing wrong with managed debt at all. And probably older than you sir.

Tell me if we outlawed all debt what do you think would happen to the economy and our standard of living like home ownership, auto ownership?

 

Ahhh that is the countries "wealth" and have yet to determine how they did an assesment of everything everyone in the country owns to come up with that.

Like what, like in supply them with products that prove their value to that person. Yes done that all my life.

And now your REALLY have no idea what your are talking. Do you really think making things up is real debate?

Which explains why you haven't. Perhaps when you grow up you will finally figure it out instead of spending your time expressing your envy of those who have.

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Then you support the Fair Tax and a Flat Tax?