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Dont mind the T he's like a cheerleader. He doesnt understand what he's watching but he'll cheer anyway.
...and he wears a skirt
First off he just made crap up.
Really?
You base that on your wealth of experience in the executive world?
Secondly he didn't even contradict what I said which is that the pay they are demanding is not tied to consumption buy their competitive nature with other CEOs.
Stop being stupid and I might respond with more than a "lol"
What I pointed out that you are yet another ignorant fool who attacks what you don't understand.
I find a great deal to fault in much executive compensation, mostly that goals are fraudulent and often fail to reflect the contributions of the top executives.
However, this criticism is based on the fact that I previously explained to you, about how the vast majority of executive pay is determined.
So, you're mentally retarded and voted for Obama multiple times.
Idiot.
Brilliant retort son. He's correct.
No, he didn't.First off he just made crap up.
You need to learn how to read, and get a job, moocher.Secondly he didn't even contradict what I said which is that the pay they are demanding is not tied to consumption buy their competitive nature with other CEOs.
Stop being stupid and I might respond with more than a "lol"
Thats the funny thing about the truth. The truth dont give a dam if you "buy it" or not.
What pressure do people have to buy what they can't afford?
Who is applying that pressure?
It's a cop out that is the truth.
Or is the truth simply that people are too stupid to follow a simple budget?
Do you want the answers or not? Its in the OP and I included links
What pressure do people have to buy what they can't afford?
Who is applying that pressure?
It's a cop out that is the truth.
Or is the truth simply that people are too stupid to follow a simple budget?
Do you want the answers or not? Its in the OP and I included links
Not one of your links actually contain proof, all they are is opinion.
Really stupid and uninformed opinion.
Do you want the answers or not? Its in the OP and I included links
Not one of your links actually contain proof, all they are is opinion.
Really stupid and uninformed opinion.
Awesome. Care to cite an example or two or nah?
Do you want the answers or not? Its in the OP and I included links
Yeah the "economics arms race"
You can't even see that is just utter bullshit can you?
No one is forcing people to buy shit they can't afford.
There are no dire consequences for not spending money on shit you can't afford.
So tell me who is forcing people to spend more than they can afford?
The only entity that forces people to buy stuff is the government.
I am forced to buy health insurance. I am forced to buy auto insurance.
So tell me what is the rich guy on the hill forcing me to buy and if I don't buy it what are the penalties?
No I cant see its utter bullshit especially when you refuse to rebut anything and just fire off questions that are addressed in the OP.
Teach thyself dam bitch
Yeah the "economics arms race"
You can't even see that is just utter bullshit can you?
No one is forcing people to buy shit they can't afford.
There are no dire consequences for not spending money on shit you can't afford.
So tell me who is forcing people to spend more than they can afford?
The only entity that forces people to buy stuff is the government.
I am forced to buy health insurance. I am forced to buy auto insurance.
So tell me what is the rich guy on the hill forcing me to buy and if I don't buy it what are the penalties?
No I cant see its utter bullshit especially when you refuse to rebut anything and just fire off questions that are addressed in the OP.
Teach thyself dam bitch
The fact that you cannot tell me how people are compelled to go into debt because of
someone else being wealthier is proof enough that you are full of shit.
News flash
No one can make you buy stuff. (except the government)
There are no penalties if you don't buy things (unless you don't buy what the government mandates)
What someone else has has no bearing on your life.
In other words if you buy shit you can't afford it's no one's fault but your own.
Not one of your links actually contain proof, all they are is opinion.
Really stupid and uninformed opinion.
Awesome. Care to cite an example or two or nah?
How about 6?
http://www.usmessageboard.com/8533479-post1.html
No I cant see its utter bullshit especially when you refuse to rebut anything and just fire off questions that are addressed in the OP.
Teach thyself dam bitch
The fact that you cannot tell me how people are compelled to go into debt because of
someone else being wealthier is proof enough that you are full of shit.
News flash
No one can make you buy stuff. (except the government)
There are no penalties if you don't buy things (unless you don't buy what the government mandates)
What someone else has has no bearing on your life.
In other words if you buy shit you can't afford it's no one's fault but your own.
He hasn't really bothered explaining why he thinks illness and injury target the poor either. But according to him we haven't disputed anything. We've just gone on side tangents that he brought up.
It doesn't take long to recognize bullshit!1. Income inequality forces Americans into debt.
As the wealthy become wealthier, they create an economic arms race in which the middle class has been spending beyond their means in order to keep up, a 2013 study from the University of Chicagos Marianne Bertrand and Adair Morse concludes.
What you think you need depends on the context you find yourself in, says Cornell economist Robert H. Frank, who has written about the expenditure cascades. And standards tend to be local. When most of the income gains are going to the very top, the people around them feel relatively poorer and spend more because of that. Lower- and middle-income Americans, in other words, are not forced to buy expensive cares or houses, but they feel pressured to do so, leading to an increase in the personal bankruptcy rate and a plummeting savings rate.
The wealthy bid up the the prices of real estate, create a boom in more expensive restaurants, bars, and grocery stores, and effectively price out their lower-income neighbors or force them to spend more to continue living in the community.
?Trickle-down consumption?: How rising inequality can leave everyone worse off
2. Income inequality makes America sick.
Researchers at Harvard Universitys School of Public Health found that women living in areas with large gaps between the haves and have-nots are at greater risk of being depressed and are nearly twice as likely to suffer from depression compared to the women living in areas that have a more equal income distribution.
Meanwhile, though American life expectancy has increased dramatically over past decades, research shows that those gains are going mostly to people at the upper end of the income ladder. Life expectancy of male workers retiring at 65 has grown by six years in the top half of the income distribution but only 1.3 years in the bottom half over the last 30 years, for instance. Life expectancy has increased mainly among the privileged class, Economic Policy Institute economist Monique Morrissey told the Washington Post. For many people, raising the retirement age would amount to a significant benefit cut.
The lack of health care providers in poorer communities and lack of education about health care conditions means that lower-income Americans are much more likely to develop and live with chronic medical conditions like diabetes or high blood pressure. A study by the National Urban League Policy estimates that U.S. health care disparities have contributed to $59.9 billion in excess spending, a price tag that will fall significantly as lower-income Americans start accessing health care services through the Affordable Care Acts Medicaid expansion.
How The United States' Growing Income Inequality Is Hurting Women's Mental Health | ThinkProgress
3. Income inequality makes America less safe.
Statistical patterns show that crime rates increase with rising economic inequality. For instance, a 1999 Harvard analysis of the homicide rates in each state and the District of Columbia found that as the gap between the rich and the poor rose, the rate of homicide rose along with it. Income inequality alone accounted for 74 percent of the variance in murder rates and half of the aggravated assaults, the research concluded. A 2002 World Bank study confirmed these results, concluding that homicide and an unequal distribution of resources are inextricably tied throughout the world.
The National Bureau of Economic Research has developed an even more precise number, reporting that a twenty percent drop in wages leads to a 12 to 18 percent increase in youth crime. Other analysis has found that a 1 percentage point increase in the Gini index (a measure of wealth inequality) produces, on average, a 3.6 percent increase in the homicide rate.
ftp://psyftp.mcmaster.ca/dalywilson/sshrc2004/wilkinsonCrime.pdf
4. Income inequality makes America less democratic.
A large body of research suggests that high inequality leads to lower levels of representative democracy and a higher probability of revolution, as poorer citizens become convinced that the government is only serving and representing the interests of the rich. And todays political candidates and parties are relying more on deep pocketed campaign donors than at any other time since the early 1970s, when Congress first enacted campaign finance laws.
The Huffington Posts Paul Blumenthal recently pointed out that the top 0.01 percent of campaign donors one percent of the one percent contributed more than 40 percent of all the money spent in the 2012 elections. Compare that to 1980, when the top 0.01 percent of campaign donors accounted for just under 15 percent of all the political contributions. Todays rich also donate millions to Political Action Committees (PACs) and so-called 501(c)4 organizations in an effort to influence the politics and public policy. The Washington Post reported this month that the 17 groups that are funded by conservative donors Charles and David Koch raised at least $407 million during the 2012 campaign more than Democrats and Republicans spent in the entire 2000 election.
Harvard economics professor Edward L. Glaeser argues that as the rich become richer and secure more political influence, they support policies that make them wealthier at the expense of everyone else. If the rich can influence political outcomes through lobbying activities or membership in special interest groups, then more inequality could lead to less redistribution rather than more, he explained in a 2006 paper.
http://www.economics.cornell.edu/et17/Erik Thorbecke files/Socioeconomic impact.pdf
How The 0.01 Percent Underwrites, And Undermines, Politics
5. Income inequality undermines the American dream.
New research finds that while economic mobility in the United States has stayed flat for two decades, the distance between the richest Americans and the poorest has grown dramatically. So if social mobility is a ladder, this means the rungs of the ladder have grown further apart (inequality has increased), but childrens chances of climbing from lower to higher rungs have not changed, the researchers note.
This intergenerational mobility is significantly lower in the United States than in most other developed countries. The chances of a child moving out of poverty are about half as high in the U.S. as in Denmark, for instance, leading Richard Wilkinson, Professor Emeritus of Social Epidemiology at Englands University of Nottingham, to conclude, If Americans want to live the American dream, they should go to Denmark.
Other research has found that economic mobility depends heavily on geography, and in particular, that areas with strong middle classes have higher rates. Places with lower and less progressive state income taxes, on the other hand, have lower rates of mobility.
Equality of Opportunity
6. Income inequality is undermining long-term economic growth.
Societies with greater income inequality experience slower and less stable economic growth, a recent global comparison from the International Monetary Fund concluded, and see far shorter economic expansions.
They are more vulnerable to both financial crises and political instability and, if hit by external shocks, often stumble into gridlock rather than agree to tough policies needed to keep growth alive, the report found. As a result, American income trends suggest that current economic expansions could last just one-third as long as in the late 1960s.
How Inequality Hurts the Economy - Businessweek
All sorts of correlation not equaling causation happening here.
Dude you are one hell of a speed reader.
