Bernie: "Today the Walton family of Walmart own more wealth than the bottom 40 percent of America."

[Uncensored2008]

[

Hes obviously not an economist on the list. Your insistence on being childish is noted.

He got a Nobel prize. I think it was for being one quarter black....

Nobel prize is damned impressive....

 

[Brain357]

[

Hes obviously not an economist on the list. Your insistence on being childish is noted.

He got a Nobel prize. I think it was for being one quarter black....

Nobel prize is damned impressive....

The economists are listed. I see a lot of PhDs. Let me know if you find a bad one and we will discuss.

 

[Uncensored2008]

The economists are listed. I see a lot of PhDs. Let me know if you find a bad one and we will discuss.

It's an old Meme - we've all seen it before.

 

[blackhawk]

 

[Jackson]

I don't see how anyone can justify this.
Bernie Sanders says Walmart heirs own more wealth than bottom 40 percent of Americans

Vermont Sen. Bernie Sanders, an independent who caucuses with Democrats, tweeted a startling statistic to his followers on July 22, 2012: "Today the Walton family of Walmart own more wealth than the bottom 40 percent of America."

Sanders speaks and writes frequently about wealth distribution in the U.S., a hot-button issue among liberals and a rallying cry of the Occupy Wall Street Movement.

The Waltons, of course, are members of the proverbial 1 percent. But are they really sitting on that much wealth? We decided to check it out.

First, what is wealth?

In economics, wealth is commonly measured in terms of net worth, and it’s defined as the value of assets minus liabilities. For someone in the middle class, that could encompass the value of their 401(k) or other retirement accounts, bank savings and personal assets such as jewelry or cars, minus what they owe on a home mortgage, credit cards and a car note.

It does not include income -- what people earn in wages. For that reason, someone who earns a good salary but has little savings and owes a lot of money on their house would have a negative net worth.

In fact, because so many Americans invest in real estate to buy a home, middle-class wealth has been one of the biggest casualties of the housing-driven recession.

From 2007 to 2010, typical families lost 39 percent of their wealth, according to the Federal Reserve’s Survey of Consumer Finances, done every three years. In 2007, the median family net worth was $126,400. In 2010, it was $77,300, according to the survey.

Where the Waltons fit in

Six members of the Walton family appear on the Forbes 400 list of the wealthiest Americans. Christy Walton, widow of the late John Walton, leads the clan at No. 6 with a net worth of $25.3 billion as of March 2012. She is also the richest woman in the world for the seventh year in a row, according to Forbes. Here are the other five:

No. 9: Jim Walton, $23.7 billion
No. 10: Alice Walton, $23.3 billion
No. 11: S. Robson Walton, oldest son of Sam Walton, $23.1 billion
No. 103: Ann Walton Kroenke, $3.9 billion
No. 139: Nancy Walton Laurie, $3.4 billion

And how many jobs have they provided to the lower rung people? They are keeping citizens from being on welfare. Good for the Waltons!

 

[Jackson]

So these folks build a business....
Hire people.....
People shop there and don't seem to have a problem with it.
No one is putting a gun to their heads....

Walmart is a huge success story.....

And Libs have a problem with it.

Why?

View attachment 50627

Seriously? When one family owns more wealth then the bottom 40% of america, there is a problem. This isn't envy.

Yes it is. Get a job and stop complaining!

 

[Brain357]

I don't see how anyone can justify this.
Bernie Sanders says Walmart heirs own more wealth than bottom 40 percent of Americans

Vermont Sen. Bernie Sanders, an independent who caucuses with Democrats, tweeted a startling statistic to his followers on July 22, 2012: "Today the Walton family of Walmart own more wealth than the bottom 40 percent of America."

Sanders speaks and writes frequently about wealth distribution in the U.S., a hot-button issue among liberals and a rallying cry of the Occupy Wall Street Movement.

The Waltons, of course, are members of the proverbial 1 percent. But are they really sitting on that much wealth? We decided to check it out.

First, what is wealth?

In economics, wealth is commonly measured in terms of net worth, and it’s defined as the value of assets minus liabilities. For someone in the middle class, that could encompass the value of their 401(k) or other retirement accounts, bank savings and personal assets such as jewelry or cars, minus what they owe on a home mortgage, credit cards and a car note.

It does not include income -- what people earn in wages. For that reason, someone who earns a good salary but has little savings and owes a lot of money on their house would have a negative net worth.

In fact, because so many Americans invest in real estate to buy a home, middle-class wealth has been one of the biggest casualties of the housing-driven recession.

From 2007 to 2010, typical families lost 39 percent of their wealth, according to the Federal Reserve’s Survey of Consumer Finances, done every three years. In 2007, the median family net worth was $126,400. In 2010, it was $77,300, according to the survey.

Where the Waltons fit in

Six members of the Walton family appear on the Forbes 400 list of the wealthiest Americans. Christy Walton, widow of the late John Walton, leads the clan at No. 6 with a net worth of $25.3 billion as of March 2012. She is also the richest woman in the world for the seventh year in a row, according to Forbes. Here are the other five:

No. 9: Jim Walton, $23.7 billion
No. 10: Alice Walton, $23.3 billion
No. 11: S. Robson Walton, oldest son of Sam Walton, $23.1 billion
No. 103: Ann Walton Kroenke, $3.9 billion
No. 139: Nancy Walton Laurie, $3.4 billion

And how many jobs have they provided to the lower rung people? They are keeping citizens from being on welfare. Good for the Waltons!

Actually they are paying so little many employees are on welfare.

 

[Jackson]

I don't see how anyone can justify this.
Bernie Sanders says Walmart heirs own more wealth than bottom 40 percent of Americans

Vermont Sen. Bernie Sanders, an independent who caucuses with Democrats, tweeted a startling statistic to his followers on July 22, 2012: "Today the Walton family of Walmart own more wealth than the bottom 40 percent of America."

Sanders speaks and writes frequently about wealth distribution in the U.S., a hot-button issue among liberals and a rallying cry of the Occupy Wall Street Movement.

The Waltons, of course, are members of the proverbial 1 percent. But are they really sitting on that much wealth? We decided to check it out.

First, what is wealth?

In economics, wealth is commonly measured in terms of net worth, and it’s defined as the value of assets minus liabilities. For someone in the middle class, that could encompass the value of their 401(k) or other retirement accounts, bank savings and personal assets such as jewelry or cars, minus what they owe on a home mortgage, credit cards and a car note.

It does not include income -- what people earn in wages. For that reason, someone who earns a good salary but has little savings and owes a lot of money on their house would have a negative net worth.

In fact, because so many Americans invest in real estate to buy a home, middle-class wealth has been one of the biggest casualties of the housing-driven recession.

From 2007 to 2010, typical families lost 39 percent of their wealth, according to the Federal Reserve’s Survey of Consumer Finances, done every three years. In 2007, the median family net worth was $126,400. In 2010, it was $77,300, according to the survey.

Where the Waltons fit in

Six members of the Walton family appear on the Forbes 400 list of the wealthiest Americans. Christy Walton, widow of the late John Walton, leads the clan at No. 6 with a net worth of $25.3 billion as of March 2012. She is also the richest woman in the world for the seventh year in a row, according to Forbes. Here are the other five:

No. 9: Jim Walton, $23.7 billion
No. 10: Alice Walton, $23.3 billion
No. 11: S. Robson Walton, oldest son of Sam Walton, $23.1 billion
No. 103: Ann Walton Kroenke, $3.9 billion
No. 139: Nancy Walton Laurie, $3.4 billion

And how many jobs have they provided to the lower rung people? They are keeping citizens from being on welfare. Good for the Waltons!

Actually they are paying so little many employees are on welfare.

Link?

 

[Brain357]

I don't see how anyone can justify this.
Bernie Sanders says Walmart heirs own more wealth than bottom 40 percent of Americans

Vermont Sen. Bernie Sanders, an independent who caucuses with Democrats, tweeted a startling statistic to his followers on July 22, 2012: "Today the Walton family of Walmart own more wealth than the bottom 40 percent of America."

Sanders speaks and writes frequently about wealth distribution in the U.S., a hot-button issue among liberals and a rallying cry of the Occupy Wall Street Movement.

The Waltons, of course, are members of the proverbial 1 percent. But are they really sitting on that much wealth? We decided to check it out.

First, what is wealth?

In economics, wealth is commonly measured in terms of net worth, and it’s defined as the value of assets minus liabilities. For someone in the middle class, that could encompass the value of their 401(k) or other retirement accounts, bank savings and personal assets such as jewelry or cars, minus what they owe on a home mortgage, credit cards and a car note.

It does not include income -- what people earn in wages. For that reason, someone who earns a good salary but has little savings and owes a lot of money on their house would have a negative net worth.

In fact, because so many Americans invest in real estate to buy a home, middle-class wealth has been one of the biggest casualties of the housing-driven recession.

From 2007 to 2010, typical families lost 39 percent of their wealth, according to the Federal Reserve’s Survey of Consumer Finances, done every three years. In 2007, the median family net worth was $126,400. In 2010, it was $77,300, according to the survey.

Where the Waltons fit in

Six members of the Walton family appear on the Forbes 400 list of the wealthiest Americans. Christy Walton, widow of the late John Walton, leads the clan at No. 6 with a net worth of $25.3 billion as of March 2012. She is also the richest woman in the world for the seventh year in a row, according to Forbes. Here are the other five:

No. 9: Jim Walton, $23.7 billion
No. 10: Alice Walton, $23.3 billion
No. 11: S. Robson Walton, oldest son of Sam Walton, $23.1 billion
No. 103: Ann Walton Kroenke, $3.9 billion
No. 139: Nancy Walton Laurie, $3.4 billion

And how many jobs have they provided to the lower rung people? They are keeping citizens from being on welfare. Good for the Waltons!

Actually they are paying so little many employees are on welfare.

Link?

Report: Walmart Workers Cost Taxpayers $6.2 Billion In Public Assistance

 

[Cecilie1200]

Over 600 Economists Sign Letter In Support of $10.10 Minimum Wage: Economist Statement on the Federal Minimum Wage

In recent years there have been important developments in the academic literature on the effect of increases in the minimum wage on employment, with the weight of evidence now showing that increases in the minimum wage have had little or no negative effect on the employment of minimum-wage workers, even during times of weakness in the labor market. Research suggests that a minimum-wage increase could have a small stimulative effect on the economy as low-wage workers spend their additional earnings, raising demand and job growth, and providing some help on the jobs front.

That was already dealt with in the links you pretended to have read, and never did. You'd know that, if you had actually read them.

Just to summarize, you lost.

And yet your links fall flat. I have over 600 economists.

Reality isn't decided by a vote or "consensus", dumb shit.

And it wasn't my links that "fell flat". It was your attempt to pretend them away.

Double down on that failure, chump.

I'll stick with the 600 economists, thanks.

Triple down. Being a joke must be some sort of fetish with you.

 

[Cecilie1200]

You base that on what?

The quality of leftists that your owner employs to spew his idiocy.

So it is baseless.

Not nearly as much as your assertions.

 

[Cecilie1200]

So it is baseless.

What are the credentials of these 600 "economists?" AA in cultural studies and a job at Taco Bell is not my idea of an "economist," sparky.

Their "credentials" are that someone told Brain there were 600 "economists" who supported what he wanted to believe. Basically, just the fact that he can "600 economists! I win!"

No other credentials required besides his desire to believe he's right and avoid any debate or thought.

 

[Cecilie1200]

[

Hes obviously not an economist on the list. Your insistence on being childish is noted.

He got a Nobel prize. I think it was for being one quarter black....

Nobel prize is damned impressive....

Now, now. Be nice.

It was for being partially black AND clean and articulate.

 

[Arianrhod]

Second verse, same as the first...

 

[Brain357]

So it is baseless.

What are the credentials of these 600 "economists?" AA in cultural studies and a job at Taco Bell is not my idea of an "economist," sparky.

Their "credentials" are that someone told Brain there were 600 "economists" who supported what he wanted to believe. Basically, just the fact that he can "600 economists! I win!"

No other credentials required besides his desire to believe he's right and avoid any debate or thought.

The economists are listed. They have great credentials.

 

[Cecilie1200]

So it is baseless.

What are the credentials of these 600 "economists?" AA in cultural studies and a job at Taco Bell is not my idea of an "economist," sparky.

Their "credentials" are that someone told Brain there were 600 "economists" who supported what he wanted to believe. Basically, just the fact that he can "600 economists! I win!"

No other credentials required besides his desire to believe he's right and avoid any debate or thought.

The economists are listed. They have great credentials.

Listed by . . . whom? Do cite your source. Dazzle us with the incontrovertible, unarguable logic of your "600 economists", and prove to us you're not just parroting a talking point.

 

[Uncensored2008]

Listed by . . . whom? Do cite your source. Dazzle us with the incontrovertible, unarguable logic of your "600 economists", and prove to us you're not just parroting a talking point.

It's a list off of DailyKOS from two years back. Just more SEUI fraud to promote the takeover of low end service jobs by the corrupt unions.

 

[Cecilie1200]

Listed by . . . whom? Do cite your source. Dazzle us with the incontrovertible, unarguable logic of your "600 economists", and prove to us you're not just parroting a talking point.

It's a list off of DailyKOS from two years back. Just more SEUI fraud to promote the takeover of low end service jobs by the corrupt unions.

SHhhhhh!! I asked him.

 

[Neser Boha]

Yes, there is definitely something wrong with this ...

 

[Wyatt earp]

I don't see how anyone can justify this.
Bernie Sanders says Walmart heirs own more wealth than bottom 40 percent of Americans

Vermont Sen. Bernie Sanders, an independent who caucuses with Democrats, tweeted a startling statistic to his followers on July 22, 2012: "Today the Walton family of Walmart own more wealth than the bottom 40 percent of America."

Sanders speaks and writes frequently about wealth distribution in the U.S., a hot-button issue among liberals and a rallying cry of the Occupy Wall Street Movement.

The Waltons, of course, are members of the proverbial 1 percent. But are they really sitting on that much wealth? We decided to check it out.

First, what is wealth?

In economics, wealth is commonly measured in terms of net worth, and it’s defined as the value of assets minus liabilities. For someone in the middle class, that could encompass the value of their 401(k) or other retirement accounts, bank savings and personal assets such as jewelry or cars, minus what they owe on a home mortgage, credit cards and a car note.

It does not include income -- what people earn in wages. For that reason, someone who earns a good salary but has little savings and owes a lot of money on their house would have a negative net worth.

In fact, because so many Americans invest in real estate to buy a home, middle-class wealth has been one of the biggest casualties of the housing-driven recession.

From 2007 to 2010, typical families lost 39 percent of their wealth, according to the Federal Reserve’s Survey of Consumer Finances, done every three years. In 2007, the median family net worth was $126,400. In 2010, it was $77,300, according to the survey.

Where the Waltons fit in

Six members of the Walton family appear on the Forbes 400 list of the wealthiest Americans. Christy Walton, widow of the late John Walton, leads the clan at No. 6 with a net worth of $25.3 billion as of March 2012. She is also the richest woman in the world for the seventh year in a row, according to Forbes. Here are the other five:

No. 9: Jim Walton, $23.7 billion
No. 10: Alice Walton, $23.3 billion
No. 11: S. Robson Walton, oldest son of Sam Walton, $23.1 billion
No. 103: Ann Walton Kroenke, $3.9 billion
No. 139: Nancy Walton Laurie, $3.4 billion

And how many jobs have they provided to the lower rung people? They are keeping citizens from being on welfare. Good for the Waltons!

Actually they are paying so little many employees are on welfare.

Link?

Report: Walmart Workers Cost Taxpayers $6.2 Billion In Public Assistance

They don't cost the taxpayer a dime. The politicians make the rules/magic number..