Inequality Made Simple

[georgephillip]

Consumption or income?
Changing composition of households over the last 30 years?
Are we measuring inflation incorrectly?
Is inequality simply a statistical artifact of the '86 tax reform bill?

Why not look at the money flow in America since 1979?

This graph from an annual CBO report shows the share of total earnings going to various income levels.

"If you look at the raw CBO figures, they show that a full tenth of the national income has shifted since 1979 to the top 1% of the country.

"The bottom quintiles have each given up a bit more than two percentage points each, and that adds up to 10% of all earnings.

"That 10% has flowed almost entirely to the very tippy top of the income ladder."

 

[Oddball]

 

[California Girl]

Where, in the Constitution, does it state that everyone is always going to be equal?

 

[Jeremy]

 

[DiamondDave]

There is no guarantee, nor should there be, of equalized outcome

 

[Truthmatters]

http://www.usmessageboard.com/economy/157301-the-pareto-efficiency.html

 

[georgephillip]

As opposed to STUPID?

"If this massive income shift hadn't happened, middle class earnings would be higher, they'd be able to buy more stuff, and they probably wouldn't be in debt as much.

"And the top 1% wouldn't have quite so much idle cash lying around to do stupid things with.

 

[del]

http://www.usmessageboard.com/economy/157301-the-pareto-efficiency.html

 

[Oddball]

As opposed to STUPID?

No...Boring AND stupid.

 

[georgephillip]

Where, in the Constitution, does it state that everyone is always going to be equal?

What do you mean by equal?

I'm using the word to indicate "a government that would guarantee equally to all individuals the rule of law and security for liberty under the law."

 

[Big Fitz]

Distillation of the OP has resulted in the following revelation:

"WHAAAAAAA MOMMIE! Billy worked harder and bought a bigger toy than me! Make him give it to me!"

You have no right to income unless you merit it by working for it. What part of that is so hard to figure out? If you spent as much effort in earning that you do in bitching about what others have, you'd be far better off.

 

[manifold]

What is so boring or gay about discussing the relative merits of a more progressive vs regressive overall tax structure? Any honest assessment of the data clearly shows a slow shift toward more regressive outcomes over that past 2-3 decades. Perhaps you believe that is a good thing. So go ahead and argue its merits if you do. But don't deny reality and stick your head in the sand, because that's the most boring and gay thing of all.

 

[georgephillip]

There is no guarantee, nor should there be, of equalized outcome

What about guarantees of unequal outcome?

"If you look at the raw CBO figures, they show that a full tenth of the national income has shifted since 1979 to the top 1% of the country.

"The bottom quintiles have each given up a bit more than two percentage points each, and that adds up to 10% of all earnings.

"That 10% has flowed almost entirely to the very tippy top of the income ladder."

The richest 1% have not earned this 10% raise.
They have bribed Republicans AND Democrats for tax biases and shipped millions of US jobs to China.

And they are NOT through stealing...

A Simple Look...

 

[DiamondDave]

There is no guarantee, nor should there be, of equalized outcome

What about guarantees of unequal outcome?

"If you look at the raw CBO figures, they show that a full tenth of the national income has shifted since 1979 to the top 1% of the country.

"The bottom quintiles have each given up a bit more than two percentage points each, and that adds up to 10% of all earnings.

"That 10% has flowed almost entirely to the very tippy top of the income ladder."

The richest 1% have not earned this 10% raise.
They have bribed Republicans AND Democrats for tax biases and shipped millions of US jobs to China.

And they are NOT through stealing...

A Simple Look...

There is no guarantee of unequal outcome... you fucking dolt.... the lowest slob can succeed for fail, can strike it rich... the richest of the rich can lose it all... the middle class guy can achieve to live comfortably for the rest of their life.... there is no guarantee ANYWHERE, and there should not be

Equal treatment under law by government... nothing more... that is what should be sought in a free society

 

[Big Fitz]

There is no guarantee, nor should there be, of equalized outcome

What about guarantees of unequal outcome?

"If you look at the raw CBO figures, they show that a full tenth of the national income has shifted since 1979 to the top 1% of the country.

"The bottom quintiles have each given up a bit more than two percentage points each, and that adds up to 10% of all earnings.

"That 10% has flowed almost entirely to the very tippy top of the income ladder."

The richest 1% have not earned this 10% raise.
They have bribed Republicans AND Democrats for tax biases and shipped millions of US jobs to China.

And they are NOT through stealing...

A Simple Look...

You have no guarantee of EQUAL outcome? No shit you don't! What makes you think you deserve what they have or they deserve to be robbed blind by the likes of you, anyway.

The only equality that matters is equal treatment. Equal justice. You can claim that all rich people get preferential treatment, but that's not always true, and it is corruption if they do get preferential treatment under the law. Two wrongs do not make a right.

Quit bitching, start earning. My GOD you're a whiny little crybaby!

 

[georgephillip]

There is no guarantee, nor should there be, of equalized outcome

What about guarantees of unequal outcome?

"If you look at the raw CBO figures, they show that a full tenth of the national income has shifted since 1979 to the top 1% of the country.

"The bottom quintiles have each given up a bit more than two percentage points each, and that adds up to 10% of all earnings.

"That 10% has flowed almost entirely to the very tippy top of the income ladder."

The richest 1% have not earned this 10% raise.
They have bribed Republicans AND Democrats for tax biases and shipped millions of US jobs to China.

And they are NOT through stealing...

A Simple Look...

There is no guarantee of unequal outcome... you fucking dolt.... the lowest slob can succeed for fail, can strike it rich... the richest of the rich can lose it all... the middle class guy can achieve to live comfortably for the rest of their life.... there is no guarantee ANYWHERE, and there should not be

Equal treatment under law by government... nothing more... that is what should be sought in a free society

And for the last 30 years 99% of Americans have been denied equal treatment under law.

Because of legal bribes the richest 1% of invividuals and corporations pay to Republicans AND Democrats.

 

[California Girl]

Where, in the Constitution, does it state that everyone is always going to be equal?

What do you mean by equal?

I'm using the word to indicate "a government that would guarantee equally to all individuals the rule of law and security for liberty under the law."

You poor people are getting very whiny these days. Just sayin'.

Equal doesn't mean you get to take other people's money. Move the fuck on. Work.

 

[Big Fitz]

What about guarantees of unequal outcome?

"If you look at the raw CBO figures, they show that a full tenth of the national income has shifted since 1979 to the top 1% of the country.

"The bottom quintiles have each given up a bit more than two percentage points each, and that adds up to 10% of all earnings.

"That 10% has flowed almost entirely to the very tippy top of the income ladder."

The richest 1% have not earned this 10% raise.
They have bribed Republicans AND Democrats for tax biases and shipped millions of US jobs to China.

And they are NOT through stealing...

A Simple Look...

There is no guarantee of unequal outcome... you fucking dolt.... the lowest slob can succeed for fail, can strike it rich... the richest of the rich can lose it all... the middle class guy can achieve to live comfortably for the rest of their life.... there is no guarantee ANYWHERE, and there should not be

Equal treatment under law by government... nothing more... that is what should be sought in a free society

And for the last 30 years 99% of Americans have been denied equal treatment under law.

Because of legal bribes the richest 1% of invividuals and corporations pay to Republicans AND Democrats.

You've got proof of criminal improprieties, or are you just talking out your ass?

 

[georgephillip]

Where, in the Constitution, does it state that everyone is always going to be equal?

What do you mean by equal?

I'm using the word to indicate "a government that would guarantee equally to all individuals the rule of law and security for liberty under the law."

You poor people are getting very whiny these days. Just sayin'.

Equal doesn't mean you get to take other people's money. Move the fuck on. Work.

Tricky...please.

"Equal doesn't mean you get to take other people's money."

Does income qualify as money?

One tenth of US national income has shifted over the past thirty years from the middle quintiles to the top 1% of the population.

They stole this damn money by bribing politicians and shipping middle class jobs (and incomes) to China.

Lighten up on the work and try whining.

Works for me.

 

[georgephillip]

There is no guarantee of unequal outcome... you fucking dolt.... the lowest slob can succeed for fail, can strike it rich... the richest of the rich can lose it all... the middle class guy can achieve to live comfortably for the rest of their life.... there is no guarantee ANYWHERE, and there should not be

Equal treatment under law by government... nothing more... that is what should be sought in a free society

And for the last 30 years 99% of Americans have been denied equal treatment under law.

Because of legal bribes the richest 1% of invividuals and corporations pay to Republicans AND Democrats.

You've got proof of criminal improprieties, or are you just talking out your ass?

I don't think there is anything illegal about making campaign donations in exchange for tax favors for off-shoring blue collar jobs and decreasing tax rates on FIRE sector incomes.

That could prove the inherent level of criminal improprieties within the US Government.

About the only thing I am sure of is that nothing changes by "choosing" between Republican OR Democrat at the polls.