georgephillip
Diamond Member
- Thread starter
- #41
Dot 2: Virtually all economic gain since 1980 has gone to the richest 1% of Americans.
that of course is a silly goofy absurd liberal lie. You've been brainwashed by Marx through Reich and haven't a clue.
You don't need to be an economist to see how rich the middle class got by looking at all the new inventions they could suddenly afford in the last 10 years: suddenly we had plasma TV's, LCD TV's, DLP-TV's, iPods, iphones, CD's and CD players, DVDs and DVD players, Blue Ray and Blue Ray players, PCs, desk top PCs, DVRs, color printers, satellite radio, Advantium ovens, HD-TV, Playstations, X-Boxes, X-box live, X-box Konnect, broadband, satellite TV, cell/camera/video phones, digital cameras, OnStar, palm corders, Blackberries, smart phones, home theaters, SUVs, big houses, more houses per capita, TiVo, 3D movies and TV's, built in wine coolers, granite counter tops, $200 sneakers, color matched front loader washing machines, matching washer dryer combinations, McMansions, 6 burner commercial ranges, Sub Zero refridgerators, more cars than drivers, a $1 billion ring tone industry, a pet industry that just doubled to $34 billion, 10's of millions lining up to buy Apple's I-tablet, Wii, Netflix boxes, jet skis, low profile tires, aluminum/titanium rims, Harley Davidson and Japanese motorcycles. $700 Billion Christmas 2010, $10.5 billion movies 2010, 10 million ocean crusies.
The list goes on and on. I hope that helps you realize you can't just parrot the communist press and expect to make sense? They have other objectives and are merely using you to promote their point of view.
Are you paid to spew out propaganda for six burner granite-topped Blu-Ray wine coolers?
no but Steve Jobs is paid very well to sell 100 million Americans iphones and Ipad toys at $150/ month. What does that tell you about how poor the middle class has gotten?? Maybe the 100 million are the rich, not the middle class???
In less than a single generation the richest 2% of Americans nearly doubled their share of returns to wealth (rents, interest, dividends and capital gains.) This happened because Wall Street inflated and collapsed a pair of financial bubbles, and the government rode to the rescue with a $13 trillion bail out.
In 1979 the richest 1% of Americans earned about 9% of total annual income.
They "earn" over 20% today.
Maybe you should stop parroting Advertising Age and open your eyes to the class war.
ah yes the old Marxist class warfare sthick while 100 million have smart phones and Ipad toys at $150/month and spend a $1 billion a year on ring tones and $40 billion on pets.
Do you have any idea how you were brainwashed into talking like a complete liberal buffoon??
Do you have any idea why the median weekly earnings for working Americans fell 2.3% (adjusted for inflation) between the end of the 2000 -01 recession and the beginning of the Great Recession?
Not enough Ipads and smart phones?
Maybe you're not too ignorant to tell me which is the only state in history to lose more jobs in a single decade than the US during the first ten years of this century?
Probably not.