"Income Inequality": So What?

[Katzndogz]

Is a strong middle class needed for the well-being of a democratic America?
If it is true that a strong middle class is needed in America to maintain a democratic/republican government does the government have a responsiblity to assure that the the United States has a strong middle class?

If the government does not wish to have a democratic/republican government it has a vested interest in not having a middle class.

 

[The Rabbi]

I guess the trillions we've spent since the late 1960s don't count.

 

[tjvh]

Inequality comes about because some people are smarter and work harder than other people. Period.

In your dreams maybe!

I'm not exactly sure what the hell dreams have to do with reality. but maybe in your world.

 

[The Rabbi]

Inequality comes about because some people are smarter and work harder than other people. Period.

In your dreams maybe!

I'm not exactly sure what the hell dreams have to do with reality. but maybe in your world.

In his world rich people got that way by inheriting money and sitting around waiting for the Vogue photographer to show up. Poor people work very hard, get good educations and never get ahead.
He gets this information because he's been fired from every job he ever had so naturally it must be a conspiracy.

 

[thereisnospoon]

Cause it is and has been widening as well as the increasing numbers in and even below poverty. Income inequality was in fact created by the very scam artists that are now in the upper crust of society.

The more one makes the more a % they pay in taxes to help the folks who they stole $ from to begin with. After all if it weren't for this grand pyramid scheme that is skewed in their favor and NOT capitalism, they wouldn't be well off.

The govt was never meant to be run by any minority, especially the upper 1% who now own what was once We The People's govt and is now an oligarchy.

Yes, please do refer to the Constitution.

"Stole $ from in the first place"...
THAT is the flaw in your argument.
Your premise that those who have earned high amounts of money or have large amounts of money did so through theft from others is total bullshit.

Here's your time to shine! Who lost $ in the latest crash? Who gained wealth? Who's fault was it and who was stolen from; the poor, middle class, or the elite? If you are of the middle class and have a 401k what was/is it worth now?

Last point first. 401k's like pensions are fund which are invested with the idea of accumulating growth. Investment involves risk. Life involves risk.
The fact is without government interference in the marketplace, none of this would have occurred.
Yes, out of the norm high risks were taken by people with control of large sums of money. Guess who made the rules? That's right....The federal government and the SEC.
Lots of errors in judgement were made.
But in no way have you been "stolen from"..
That is an idiotic premise and is not acceptable. It is dismissed.

 

[thereisnospoon]

"Stole $ from in the first place"...
THAT is the flaw in your argument.
Your premise that those who have earned high amounts of money or have large amounts of money did so through theft from others is total bullshit.

Here's your time to shine! Who lost $ in the latest crash? Who gained wealth? Who's fault was it and who was stolen from; the poor, middle class, or the elite? If you are of the middle class and have a 401k what was/is it worth now?

The wealthy lost the most money in the latest crash.
The unions gained wealth
My 401k/IRA is worth more now than it has ever been. But that's because I invest it myself.

You no good wealthy bastard. You STOLE FROM ME!!!!!!!

 

[thereisnospoon]

Here's your time to shine! Who lost $ in the latest crash? Who gained wealth? Who's fault was it and who was stolen from; the poor, middle class, or the elite? If you are of the middle class and have a 401k what was/is it worth now?

The wealthy lost the most money in the latest crash.
The unions gained wealth
My 401k/IRA is worth more now than it has ever been. But that's because I invest it myself.

You know, you are either of the 1%, OR you are voluntarily blind/ignorant of the facts. Of course they did, cause they (1%) hoard the most wealth of the nation and have the most when compared to the other 99%. They weren't hurt in the least by the crash. Do you have any hard luck stories of the wealthy you'd like to share with all regarding?

The lower classes lost wayy more % of wealth than the upper crust would ever admit to, AND they didn't have much to begin with.

Unions DID NOT gain as you CLAIM. They have collectively been losing for decades thanks to those in the upper crust who coerce folks into believing this and all the other bs you all shovel and the oodles of con lovers/blind followers swallow.

IF your 401K is worth more than ever NOW, you are either lying OR can thank the market for being close to 1000 points of what it was prior to the crash. Regardless, the market is not a good barometer of our economy's pro's or con's.

how can the "lower classes" ,whatever that is supposed to mean and the poor "lose" something they never had?..
BTW, my wife's 401k is also worth more. My variable annuity is also worth more. All we do is keep putting money into them.
Are we the same as wealthy people? The people you refer to as greedy criminals?
If you answer is in the affirmative, I disagree with your opinion.

 

[regent]

Is a strong middle class needed for the well-being of a democratic America?
If it is true that a strong middle class is needed in America to maintain a democratic/republican government does the government have a responsiblity to assure that the the United States has a strong middle class?

If the government does not wish to have a democratic/republican government it has a vested interest in not having a middle class.

And what of the Constitution, guaranteeing the states a Republican form of government?

 

[thereisnospoon]

This is my nomination for dumbest post of the day...hhmm...maybe week.

Has Cesspit posted today/this week?

OK, you think there is some other reason? You think stupid lazy people ought to make the same money as smart hard-working people?
I nominate your post as Dumbest Evah.

Mo Fo, there are a plenthora of reasons. The one you stated might be one of them, but it is hardly the only one, or major one....

Don't worry, I don't expect you to delve too much in to issues. You never do...

It IS a reason...And it THE MAIN REASON.
Don't try this crap about luck or winning the lottery of life.

 

[Fordsflylow]

It should be some comfort to you that you are not the most ignorant stupidest poster on here. BUt that wont save you from going on my ignore list because you have nothing to contribute here.

I figured you and quite a few other con wing nutz don't want to read the truth. Kinda surprised it took you this long. Bye bye con nut case!

 

[Fordsflylow]

The wealthy lost the most money in the latest crash.
The unions gained wealth
My 401k/IRA is worth more now than it has ever been. But that's because I invest it myself.

You know, you are either of the 1%, OR you are voluntarily blind/ignorant of the facts. Of course they did, cause they (1%) hoard the most wealth of the nation and have the most when compared to the other 99%. They weren't hurt in the least by the crash. Do you have any hard luck stories of the wealthy you'd like to share with all regarding?

The lower classes lost wayy more % of wealth than the upper crust would ever admit to, AND they didn't have much to begin with.

Unions DID NOT gain as you CLAIM. They have collectively been losing for decades thanks to those in the upper crust who coerce folks into believing this and all the other bs you all shovel and the oodles of con lovers/blind followers swallow.

IF your 401K is worth more than ever NOW, you are either lying OR can thank the market for being close to 1000 points of what it was prior to the crash. Regardless, the market is not a good barometer of our economy's pro's or con's.

how can the "lower classes" ,whatever that is supposed to mean and the poor "lose" something they never had?..
BTW, my wife's 401k is also worth more. My variable annuity is also worth more. All we do is keep putting money into them.
Are we the same as wealthy people? The people you refer to as greedy criminals?
If you answer is in the affirmative, I disagree with your opinion.

Best keep those fingers crossed. You MAY be up now, but it is based on a bubble. Which leads me to thee next question. If obama is a socialist as so many claim, how is it the market has recovered for the most part?

 

[Fordsflylow]

"Stole $ from in the first place"...
THAT is the flaw in your argument.
Your premise that those who have earned high amounts of money or have large amounts of money did so through theft from others is total bullshit.

Here's your time to shine! Who lost $ in the latest crash? Who gained wealth? Who's fault was it and who was stolen from; the poor, middle class, or the elite? If you are of the middle class and have a 401k what was/is it worth now?

Last point first. 401k's like pensions are fund which are invested with the idea of accumulating growth. Investment involves risk. Life involves risk.
The fact is without government interference in the marketplace, none of this would have occurred.
Yes, out of the norm high risks were taken by people with control of large sums of money. Guess who made the rules? That's right....The federal government and the SEC.
Lots of errors in judgement were made.
But in no way have you been "stolen from"..
That is an idiotic premise and is not acceptable. It is dismissed.

Errors in judgement!?! You got be kidding! rotflmfao Who runs the federal govt? Is it the majority of people, or is it the elite "MINORITY?"

 

[Fordsflylow]

I guess the trillions we've spent since the late 1960s don't count.

A pittance when compared to the oodles more that have been spent on the 1% welfare; i.e. subsidies, bailouts with no stipulations, gimmees, tax breaks, loopholes, etc, etc...

 

[Cecilie1200]

I guess the trillions we've spent since the late 1960s don't count.

If only it were a real war, then it MIGHT be the business of the federal government.

 

[OohPooPahDoo]

I guess the trillions we've spent since the late 1960s don't count.

If only it were a real war, then it MIGHT be the business of the federal government.

Yeah cause making war is the only power enumerated to Congress.

 

[thereisnospoon]

You know, you are either of the 1%, OR you are voluntarily blind/ignorant of the facts. Of course they did, cause they (1%) hoard the most wealth of the nation and have the most when compared to the other 99%. They weren't hurt in the least by the crash. Do you have any hard luck stories of the wealthy you'd like to share with all regarding?

The lower classes lost wayy more % of wealth than the upper crust would ever admit to, AND they didn't have much to begin with.

Unions DID NOT gain as you CLAIM. They have collectively been losing for decades thanks to those in the upper crust who coerce folks into believing this and all the other bs you all shovel and the oodles of con lovers/blind followers swallow.

IF your 401K is worth more than ever NOW, you are either lying OR can thank the market for being close to 1000 points of what it was prior to the crash. Regardless, the market is not a good barometer of our economy's pro's or con's.

how can the "lower classes" ,whatever that is supposed to mean and the poor "lose" something they never had?..
BTW, my wife's 401k is also worth more. My variable annuity is also worth more. All we do is keep putting money into them.
Are we the same as wealthy people? The people you refer to as greedy criminals?
If you answer is in the affirmative, I disagree with your opinion.

Best keep those fingers crossed. You MAY be up now, but it is based on a bubble. Which leads me to thee next question. If obama is a socialist as so many claim, how is it the market has recovered for the most part?

The wife's 401k is in income funds. Safe investments. My variable annuity is indexed to the S&P 500. I started it when the S&P was under 1,000. It's a slow crawl. These investments always gain value in the long run.
Don't use vague terms such as "the market" thinking you are going to get somewhere.
Specifics, pal. Which market(s)? Show data.
If you are going to use the DJIA, you can stow it. First, the Dow has ceased being the measuring stick of economic health. Second, your side has vilified "Wall Street" as the root of all evil. You cannot have it both ways.

 

[Dr Grump]

It IS a reason...And it THE MAIN REASON.
Don't try this crap about luck or winning the lottery of life.

uh-uh. No dice. This is what the Nimrod said originally: "Inequality comes about because some people are smarter and work harder than other people."

So the inequality between the cop on $50,000 a year working 60 hours a week to serve his community in a dangerous job versus the Wall St high-flyer on a base salary of $250,000 plus massive bonuses who strives to make money and damn the consequences is because the high flyer is 'smarter' and works 'harder'? Is that what you are telling me?

I think what the fake Rabbi is trying to say, but doing a piss-poor job of doing, is that there are some lazy ***** out there doing dead end jobs. That might be true. But if he thinks that this is the income equality we are talking about, and that it is the norm, then he just reinforces the opinion I have of his debating skills - ie, not much..

 

[thereisnospoon]

It IS a reason...And it THE MAIN REASON.
Don't try this crap about luck or winning the lottery of life.

uh-uh. No dice. This is what the Nimrod said originally: "Inequality comes about because some people are smarter and work harder than other people."

So the inequality between the cop on $50,000 a year working 60 hours a week to serve his community in a dangerous job versus the Wall St high-flyer on a base salary of $250,000 plus massive bonuses who strives to make money and damn the consequences is because the high flyer is 'smarter' and works 'harder'? Is that what you are telling me?

I think what the fake Rabbi is trying to say, but doing a piss-poor job of doing, is that there are some lazy ***** out there doing dead end jobs. That might be true. But if he thinks that this is the income equality we are talking about, and that it is the norm, then he just reinforces the opinion I have of his debating skills - ie, not much..

Lets not compare apples to oranges.
There is no correlation between public and private sector work.
I have friends who are both current and retired police and firefighters.
They don't work 60 hour weeks. If they work OT, they get paid OT. The retired cop would work private security for $50 per hour.
My friend in NY has a brother in law who is a retired PO. He made $75 per hour doing security for wealthy people.
The firefighter works on the side training other new FF's.
Let's look at private sector work. Yes, if a guy goes and gets his degree and has the skills and intelligence to perform in a job that helps others make money( Including those public employees who's pension fund is invested for them so that it grows) why yes, he or she has done his job well enough to make his employer a larger profit and thus earns his compensation.
Dialing it down....Two people start in the plumbing field as helpers. One learns at a much faster pace than the other. He decides to go to trade school to learn all he can about not only the skill part but the business part as well. The other is content to being just a helper.
The owner of the plumbing Co. is naturally going to compensate the first guy at a MUCH higher rate.
That's the way it works. That's the way it ALWAYS SHOULD work.
The guy who decided to educate himself and improve his skills is smarter and more ambitious that his co-worker. Period done end of story.
Skill, knowledge and achievement equals higher compensation.

 

[thereisnospoon]

It IS a reason...And it THE MAIN REASON.
Don't try this crap about luck or winning the lottery of life.

uh-uh. No dice. This is what the Nimrod said originally: "Inequality comes about because some people are smarter and work harder than other people."

So the inequality between the cop on $50,000 a year working 60 hours a week to serve his community in a dangerous job versus the Wall St high-flyer on a base salary of $250,000 plus massive bonuses who strives to make money and damn the consequences is because the high flyer is 'smarter' and works 'harder'? Is that what you are telling me?

I think what the fake Rabbi is trying to say, but doing a piss-poor job of doing, is that there are some lazy ***** out there doing dead end jobs. That might be true. But if he thinks that this is the income equality we are talking about, and that it is the norm, then he just reinforces the opinion I have of his debating skills - ie, not much..

You are debating. We are presenting the facts .

 

[Dr Grump]

It IS a reason...And it THE MAIN REASON.
Don't try this crap about luck or winning the lottery of life.

uh-uh. No dice. This is what the Nimrod said originally: "Inequality comes about because some people are smarter and work harder than other people."

So the inequality between the cop on $50,000 a year working 60 hours a week to serve his community in a dangerous job versus the Wall St high-flyer on a base salary of $250,000 plus massive bonuses who strives to make money and damn the consequences is because the high flyer is 'smarter' and works 'harder'? Is that what you are telling me?

I think what the fake Rabbi is trying to say, but doing a piss-poor job of doing, is that there are some lazy ***** out there doing dead end jobs. That might be true. But if he thinks that this is the income equality we are talking about, and that it is the norm, then he just reinforces the opinion I have of his debating skills - ie, not much..

Lets not compare apples to oranges.
There is no correlation between public and private sector work.
I have friends who are both current and retired police and firefighters.
They don't work 60 hour weeks. If they work OT, they get paid OT. The retired cop would work private security for $50 per hour.
My friend in NY has a brother in law who is a retired PO. He made $75 per hour doing security for wealthy people.
The firefighter works on the side training other new FF's.
Let's look at private sector work. Yes, if a guy goes and gets his degree and has the skills and intelligence to perform in a job that helps others make money( Including those public employees who's pension fund is invested for them so that it grows) why yes, he or she has done his job well enough to make his employer a larger profit and thus earns his compensation.
Dialing it down....Two people start in the plumbing field as helpers. One learns at a much faster pace than the other. He decides to go to trade school to learn all he can about not only the skill part but the business part as well. The other is content to being just a helper.
The owner of the plumbing Co. is naturally going to compensate the first guy at a MUCH higher rate.
That's the way it works. That's the way it ALWAYS SHOULD work.
The guy who decided to educate himself and improve his skills is smarter and more ambitious that his co-worker. Period done end of story.
Skill, knowledge and achievement equals higher compensation.

Hold on a sec - now there are caveats being put on the argument? You can't compare a to b because one is public sector and the other not?

You see, the argument is never simple, thus my dismissive attitude towards the fake Rabbi. He makes simple analogies with no thought into what he is saying - thus the dumb, stupid post of his.

There are plenty of very hard working public and private sector employees who don't get paid well - some who are very highly skilled. My sister in law is one such person....very highly skilled, but gets just above average wage, works 80 hour weeks sometimes. That is her choice for sure because she loves the job. But is certainly puts paid to the fake Rabbi's pathetic argument that anybody who is earning more than her is smarter or more educated or works harder than her....