A Question regarding Economic Classes

A gap between the rich and the poor is continuing to widen.

The poor get poorer while the rich get richer, it seems.

Why is this, guys?

It has always been and always will be because its the rich have the power and the poor are too damn dumb to vote for themselves.

Instead, they buy lottery tickets.
 
First, the poor aren't getting poorer. That's a myth. However, they aren't improving much either.

The reasons are because of the application of technology and the opening of China. Those who are able to manipulate technology in the knowledge-based economy have done well. Those who can't, haven't. This trend isn't changing. China lowered the global labor cost curve. Capital followed, and have been generating outsized returns relative to history. This trend probably is changing as labor in China is getting more expensive.

Wage inequality has been growing since the late 1960s. It's not a new phenomenon.

beg to differ....the poor and the middle class are both getting relatively poorer because the dollar is buying less and less....prices for food, gas, clothing, etc. keep rising....meanwhile thanks to Obamacare earned incomes are becoming stagnant, cut, or nonexistent...

That's actually not true. The studies on the poor getting poorer tend to overlook government aid like Section 8 and other programs. Factor those in and even the poor are considerably better off.

why should we consider government aid to be real income....?

if that were true the government could declare everybody gets an equal paycheck and all would be well in liberal lala land....:cuckoo:

the very fact that the poor need more aid (look at the food stamp amount increases) proves that they are in fact getting poorer...
 
A gap between the rich and the poor is continuing to widen.

The poor get poorer while the rich get richer, it seems.

Why is this, guys?

It has always been and always will be because its the rich have the power and the poor are too damn dumb to vote for themselves.

Instead, they buy lottery tickets.
You're right. Poor people overwhelmingly vote Democrat.
 
A gap between the rich and the poor is continuing to widen.

The poor get poorer while the rich get richer, it seems.

Why is this, guys?

It has always been and always will be because its the rich have the power and the poor are too damn dumb to vote for themselves.

Instead, they buy lottery tickets.



ISNT IT REFRESHING to see what the Left really thinks of the masses they pander to in a moment of accidental honesty?
 
beg to differ....the poor and the middle class are both getting relatively poorer because the dollar is buying less and less....prices for food, gas, clothing, etc. keep rising....meanwhile thanks to Obamacare earned incomes are becoming stagnant, cut, or nonexistent...

That's actually not true. The studies on the poor getting poorer tend to overlook government aid like Section 8 and other programs. Factor those in and even the poor are considerably better off.

why should we consider government aid to be real income....?

if that were true the government could declare everybody gets an equal paycheck and all would be well in liberal lala land....:cuckoo:

the very fact that the poor need more aid (look at the food stamp amount increases) proves that they are in fact getting poorer...

If I give you $200 a month, that's income, right?
If I give you vouchers for $200 worth of food a month, shouldn't that also be income?
 
A gap between the rich and the poor is continuing to widen.

The poor get poorer while the rich get richer, it seems.

Why is this, guys?

It has always been and always will be because its the rich have the power and the poor are too damn dumb to vote for themselves.

Instead, they buy lottery tickets.

they have been cheated in elections for decades now.

Its the only reason Rs get elected
 
Check this out and look at the comments.

There are people who will vote to keep themselves poor and to make sure they, their g-kids and their g-kid's g-kids will never have the ability or opportunity to be anything but poor.

Absolutely mind boggling but we see it here and we see it in every election.
 
A gap between the rich and the poor is continuing to widen.

The poor get poorer while the rich get richer, it seems.

Why is this, guys?

First, the poor aren't getting poorer. That's a myth. However, they aren't improving much either.

The reasons are because of the application of technology and the opening of China. Those who are able to manipulate technology in the knowledge-based economy have done well. Those who can't, haven't. This trend isn't changing. China lowered the global labor cost curve. Capital followed, and have been generating outsized returns relative to history. This trend probably is changing as labor in China is getting more expensive.

Wage inequality has been growing since the late 1960s. It's not a new phenomenon.

beg to differ....the poor and the middle class are both getting relatively poorer because the dollar is buying less and less....prices for food, gas, clothing, etc. keep rising....meanwhile thanks to Obamacare earned incomes are becoming stagnant, cut, or nonexistent...

This isn't true, at least over longer periods of time. Real incomes include adjustments for inflation and have been either stagnant or rising for all quintiles.
 
Check this out and look at the comments.

There are people who will vote to keep themselves poor and to make sure they, their g-kids and their g-kid's g-kids will never have the ability or opportunity to be anything but poor.

Absolutely mind boggling but we see it here and we see it in every election.

being lied to and cheated is what is happening.

stop hating on the poor
 
It has always been and always will be because its the rich have the power and the poor are too damn dumb to vote for themselves.

Instead, they buy lottery tickets.



ISNT IT REFRESHING to see what the Left really thinks of the masses they pander to in a moment of accidental honesty?

you lie about science


You lie about election cheating.

you have no morals


sorry leftard; but he said what he said; cant put the toothpaste back in the tube
 
Check this out and look at the comments.

There are people who will vote to keep themselves poor and to make sure they, their g-kids and their g-kid's g-kids will never have the ability or opportunity to be anything but poor.

Absolutely mind boggling but we see it here and we see it in every election.

Darn right. Lower class people need to get it through their minds that Democrat politicians promising to make their lives better by imposing taxes on rich people and giving them money are just lying,and their programs are responsible for the poverty they experience.
 
A gap between the rich and the poor is continuing to widen.

The poor get poorer while the rich get richer, it seems.

Why is this, guys?

It has always been and always will be because its the rich have the power and the poor are too damn dumb to vote for themselves.

Instead, they buy lottery tickets.

they have been cheated in elections for decades now.

Its the only reason Rs get elected


sure dork; as good an excuse for progressive failure as anything you put up here
 
That's actually not true. The studies on the poor getting poorer tend to overlook government aid like Section 8 and other programs. Factor those in and even the poor are considerably better off.

why should we consider government aid to be real income....?

if that were true the government could declare everybody gets an equal paycheck and all would be well in liberal lala land....:cuckoo:

the very fact that the poor need more aid (look at the food stamp amount increases) proves that they are in fact getting poorer...

If I give you $200 a month, that's income, right?
If I give you vouchers for $200 worth of food a month, shouldn't that also be income?

no that's charity...
government vouchers are government charity...charity from all of us who actually work for our incomes...

do the poor pay taxes on their 'income'...i.e., charity.....?
 

Forum List

Back
Top