Not Another Delta Between Rich and Poor Thread

Discussion in 'Politics' started by LeftofLeft, Apr 17, 2012.

  1. LeftofLeft
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    LeftofLeft Gold Member

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    The Left always sites the inequality of income and wealth in America. Guess what?Inequality in wealth and income exists in Asia, Europe, The Middle East, Africa, Latin America, and Canada. Do the Countries that comprise these Continents NOT have an Elite and a Poor? Why would the US want to move more towards a Society where so few enjoy the finer things? In these societies, the Masses are lead to believe 'everything is fair' yet somehow, a Poor still exists and so does an Elite? Wouldn't a society that enables and encourages upward mobility be more appealing (which is what US Founders had in mind)?

    What does the Left have to say about the existence or justification of an Elite anywhere in the World? Why focus in US??
     
  2. California Girl
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    California Girl BANNED

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    They don't. The left are part of a global movement to destroy the wealthy and 'redistribute' their money. Apparently, this will solve the world's problems. Except that it won't... there will just be more poor and no rich. And we'll all go down together! Doesn't that sound cool!
     
  3. auditor0007
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    auditor0007 Gold Member

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    You are missing the entire point of the argument. The left does not want to restrict anyone's earnings and those of us in the center or to the left do not suggest that earnings should be equal for everyone. What is being questioned is the disparity in the growth of income between the lower income and middle class in comparison to the very wealthy. While the very wealthy have seen their incomes soar to unprecedented heights, the rest of Americans have seen their incomes stagnate or even decrease. This is no longer an America of prosperity for all, but rather it has become an America of prosperity only for the very few while everyone else takes a back seat.

    And there is a problem with this. As Henry Ford once said, it is important to pay workers enough so that they can afford the products that we sell. Otherwise, we will have nobody to buy our products. In a sense, this is exactly what is happening in the US. The masses can no longer afford to buy the things we produce. Eventually it will even catch up to the elite and the entire house of cards will come tumbling down.
     
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  4. auditor0007
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    auditor0007 Gold Member

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    If you ever got off off that train, you would see that you are way off base and have very little understanding of what the center and left believes.
     
  5. California Girl
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    The only reason that the wealthy are seeing an increase in income is because they invest differently to the rest. That old adage "The first million is the hardest" is very true. It has jack shit to do with 'equality' and everything to do with wise investing.
     
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  6. LeftofLeft
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    LeftofLeft Gold Member

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    Good quote....but, I disagree on one part. A Rich or Wealthy exists in every society.....even ones that "redistribute the Wealth." Who's wealth is Cuba, Venezeuala, or North Korea redistributing? If your name is Castro, Il-Sung, or Chavez, you are part of the 'Less than 1 percent.' You get the finer things while that Masses produce for you. How Fair is that??
     
  7. eflatminor
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    eflatminor Classical Liberal

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    So, the question is what to do about this. More central planning or should we embrace the idea of individual liberty and limited government that made America the greatest nation in history for poor and middle class folks? Personally, I vote for the latter.
     
  8. auditor0007
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    auditor0007 Gold Member

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    Here are some facts, and it really doesn't matter how or why things got this way, it's just not good for American, and it is going to be the downfall of the middle class. The top 1% controls 42% of all the wealth. The top 5% controls 69% of all the wealth. And finally, the top 20% controls 93% of all the wealth. That leaves the bottom 80% controlling 7% of the wealth. If you really believe this is good for American, then hey, keep up the good work.
     
  9. LeftofLeft
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    LeftofLeft Gold Member

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    Why stop there? Why classify someone as 'workers' and only limiting them to buy things "we produce?" The Elite buy things that anyone produces. The 'Workers' buy things that the Elite has positioned them to buy........seems like you are missing the point.
     
  10. LeftofLeft
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    LeftofLeft Gold Member

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    What do those numbers look like in North Korea, Cuba, Venezuela,the UK, or Canada? I am just curious as to what other Country should America be like.....based on the numbers you site?
     

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