Economic Inequality: The Greatest Conflict in US Society Today.

Discussion in 'Politics' started by georgephillip, Jan 24, 2012.

  1. georgephillip
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    georgephillip Gold Member Supporting Member

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    According to a recent survey by the Pew Research Center about two-thirds of Americans now believe there are "strong conflicts" between rich and poor in the US. That share represents a 50 percent increase from a 2009 survey in which 47% of those polled said there were strong conflicts between economic classes.

    For the first time conflict between rich and poor eclipsed tensions over race and immigration in the survey which polled 2,048 adults between December 6 to December 19.

    "Independents, whose votes will be fought over by both parties, showed the single largest increase in perceptions of conflicts between rich and poor, up 23 percentage points, to 68 percent, compared with an 18-point rise among Democrats and a 17-point rise for Republicans.

    "Sixty-eight percent of independents believe there are strong class conflicts, just below the 73 percent of Democrats who do. (The survey’s margin of sampling error is plus or minus three percentage points for results based on the total sample.)

    “'The story for me was the consistency of the change,'... 'Everyone sees more conflict.'”

    Occupy That!

    http://www.nytimes.com/2012/01/12/us/more-conflict-seen-between-rich-and-poor-survey-finds.html
     
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  2. Chris
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    Chris Gold Member

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    Occupy Wall Street completely changed the national conversation.

    And now the Republicans are putting up a candidate who is a poster child for everything that is wrong with our tax system.

    Thank you, Republicans!
     
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  3. georgephillip
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    georgephillip Gold Member Supporting Member

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    Let's hope the Republicans drag out their primary circus until Tampa.
    If not Romney or Newt, would they nominate a compromise candidate who isn't taking part in the primaries?
     
  4. imbalance
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    imbalance Silver Member

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    How about you dumb leftists crack open an intro to microeconomics book and learn about equilibrium prices and supply/demand for unskilled workers instead of crying to yourselves about how unfair the world is.
     
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  5. georgephillip
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    georgephillip Gold Member Supporting Member

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    When will retarded righties catch up to the economics of poverty:

    "The survey attributed the change, in part, to 'underlying shifts in the distribution of wealth in American society,' citing a finding by the Census Bureau that the share of wealth held by the top 10 percent of the population increased to 56 percent in 2009, from 49 percent in 2005."

    The world is unfair because the rich consolidate state power and use it for their own selfish ends, ask Adam Smith if you're still confused.

    http://www.nytimes.com/2012/01/12/us/more-conflict-seen-between-rich-and-poor-survey-finds.html?_r=1
     
  6. imbalance
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    imbalance Silver Member

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    Yes, we all know there's growing income inequality, but neither you nor the lame article you linked can explain the reasons for that. You know the 'what' but you don't know the 'why' so you just assume the evil rich are to blame.

    /THREAD
     
  7. georgephillip
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    georgephillip Gold Member Supporting Member

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    We import skilled workers from Asia because they work for a fraction of what US graduates demand and are entitled to. Any consequences of "illegal" immigration stem from the richest 1% bribing Republicans AND Democrats for "Free" Trade agreements that plunder the economies of the immigrants' home countries and result in massive waves of desperate migrants seeking some way of feeding their families.

    Likewise our decline in manufacturing stems from our 1% bribing politicians for tax and trade policies that favor outsourcing millions of US middle class jobs to slave wage states like China. That's something that didn't happen in states like Germany where labor unions have voting members sitting on the boards of directors of the corporations they work for.

    This explains why the richest 1% of Germans take home the same share of German income today that they banked in the 1970s while the American 1% have nearly tripled their share of US national income during that same time period.

    In 1947 the median family income was $23,400, that doubled to $47,400 in 1977 and reached $58,400 in 2005. Compare that to incomes of those in the 99.99th percentile who saw their earnings swell from $2,000,000 in the late 70s to $10,000,000 in 2009.

    Which economic group has had more influence on US tax and trade policies over that time?

    Any remedy to problems like these probably starts with erecting a wall of separation between private wealth and the state, something the evil rich would likely oppose since much of their wealth would be taxed into productive as opposed to speculative pursuits.

    Income Inequality News - The New York Times
     
  8. Katzndogz
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    Katzndogz Diamond Member

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    Pay people to do nothing or they will get mad.

    The most sensible answer is to start spanking them really hard.

    The 99% is about to make their voice heard. The gutter slugs will get what's coming to them.
     
  9. Seawytch
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    Seawytch Information isnt Advocacy

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    And yet the GOP thinks they can win the election by representing the 1% to the detriment of the 99%.
     
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  10. tenthertoo
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    tenthertoo ...worst of all I'm DULL

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    People are becoming "sensitized" to a differentiation between income from "work" and income from investment and are being deluged with the perception that the latter is evil. Of course "work" is portrayed as including politicians, community organizers, union leaders, and other agitators who are presented as the righteous ones. . Persons engaged in activities supporting the traditional "open market" philosophy are lumped in with the "investment class" and are vilified.

    It appeals to the basest of human nature and is therefore quite effective.
     
    Last edited: Jan 25, 2012

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