Robert Riech Slobbers About Fairness

Discussion in 'Economy' started by Listening, May 24, 2012.

  1. Listening
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    Listening Gold Member

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    Obama Has to Explain Why Fairness Is Essential to Growth (and Why Some Democrats Have to Stop Believing Otherwise).

    Let's start with this.

    Robert Reich: Obama Has to Explain Why Fairness Is Essential to Growth (and Why Some Democrats Have to Stop Believing Otherwise)

    The Cory Booker imbroglio has ignited a silly but potentially pernicious debate in the Democratic Party between so-called "pro-growth centrists" who want the president to focus on how well he's done getting the economy back on its feet after the Bush administration almost knocked it out, and "pro-fairness populists" who want him to focus on the nation's widening inequality and Wall Street's (and Romney's) continuing role in generating profits for a few at the expense of almost everyone else.

    According to the National Journal's Josh Kraushaar, for example:

    Conversations with liberal activists and labor officials reveal an unmistakable hostility toward the pro-business, free-trade, free-market philosophy that was in vogue during the second half of the Clinton administration..... Moderate Democratic groups and officials, meanwhile, privately fret about the party's leftward drift and the Obama campaign's embrace of an aggressively populist message... [T]hey wish the administration's focus was on growth over fairness.

    This is pure bunk -- or should be.

    Fairness isn't inconsistent with growth; it's essential to it. The only way the economy can grow and create more jobs is if prosperity is more widely shared.

    The key reason why the recovery is so anemic is that so much income and wealth are now concentrated at the top is America's the vast middle class no longer has the purchasing power necessary to boost the economy.

    *******************************

    Class warfare at it's best.

    The middle class has it very good in many cases. Could Reich provide some numbers...he never does. Just like his lesbian twin Paulene Krugman.

    What is happening is that people are not educated for what we need. And hence they don't have the buying power. Additionally, if you look at how many single parent household we have, you see we are way inefficient. if that was rectified..there would be more discretionary income to boost demand.

    But Riechman wants to push it all on the wealthy.

    What else would you expect ?
     
  2. georgephillip
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    georgephillip Gold Member Supporting Member

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  3. Mr. H.
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    Mr. H. Diamond Member

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    Why care who owns what? That's always baffled me.
    It's when you learn to love and appreciate nothing that you've found true wealth.
    Fucking crybabies.
     
  4. RetiredGySgt
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    RetiredGySgt Platinum Member

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    So since Obama has more then a million dollars shall we confiscate all his assets and money? How about the liberal billionaires and millionaires, or is your fairness reserved just to those who you don't agree with?
     
  5. MikeK
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    MikeK Gold Member

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    The reason to be concerned about who owns what is inequitable distribution of the Nation's wealth is destabilizing and ultimately destructive to democracy.

    Wealth is power. Excessive wealth is excessive power. Accumulation of excessive wealth should not be permitted.
     
  6. Mr. H.
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    Mr. H. Diamond Member

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    ****, I mean Mike- I myself AM democracy. That is the definitive tennet of U.S. citizenship.

    I am empowered not by ownership in equity, nor do the so-called "empowered" have dominion over my individual citizenry.

    I'm wealthy beyond the dreams of other nations because of a simple piece of cloth that is the American Flag, and a faded piece of paper that is Our Constitution.

    Take your ass pennies elsewhere. :D
     
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    Last edited: May 27, 2012
  7. Rozman
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    Rozman Gold Member Supporting Member

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    Hey if the Libs feel that the government doesn't have enough money to spend
    they can always pay more when tax time comes around.
    Nobody is stopping them.
     
  8. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Moderate Democrats? LOL

    They went extinct when Zel Miller left the Party
     
  9. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Tell that to Zuckerberg, Buffett and Soros

    But its OK for the Government to overspend by $1.3 TRILLION annually
     
  10. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Is it Fair that our government has no respect for our efforts and overspend by $1.3 Trillion?

    hmm?

    Where's the fairness?
     

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