Millennials vs. Boomers

[pknopp]

And exactly how is the wealthy paying more taxes going to make your life better? If Elon Musk and Bill Gates suddenly paid a 70% tax rate, what's that going to do for you?

I can answer that for you. Not a God damned thing.

Income tax rates have absolutely nothing to do with the problems you're complaining about. It's just an elementary argument used by weak intellectuals consumed by envy, jealousy, and greed that someone else dare have more than they do. The quality of middle class life in this country began declining in the late 1960s when we still had a top tier rate of 70% (I'll remind you that it was Kennedy, a Democrat, who lowered rates from 90%+ down to 70% ) largely because of globalization and we were becoming less competitive on the global market. The 1940s and 50s were a hay day for us because we practically had a monopoly on global exports due to Europe's infrastructure being blown to shit in WWII. We were making everything for everyone. When they recovered and began coming back online with their own manufacturing in the early 60s and the Asian nations starting emerging on the global stage offering cheaper labor that's when we began declining, well before Reagan became president. The late 60s, 70s, and early 80s, saw considerable stagnation in this country due to that lack of competitiveness and there really is no road back. You can't unring the bell, whether you make the rich pay 38% or 70%.

This inflation despite all the claims that it is something else is largely driven by the trillions and trillions that were pumped into the markets. The benefit of those trillions and trillions have been the rich. It has little to nothing to do with being jealous over someone having more but rather people having to pay more and more because of inflation so the "rich" can have more than they will ever be able to spend.

To pay higher taxes to address the massive debt would help make things a little more even. If someone develops an amazing item and makes a lot of money on that item, that's great. When the massive wealth of so many is because of a system that benefitted those just because they already had money, that is another thing.

 

[Toddsterpatriot]

The wealthiest in this country pay actually very little in taxes, that's a Republican legacy project spanning decades.

Wealthiest defined as what? Pay how much?
How much should they pay?

 

[pknopp]

Work ethic matters only to an extent. Hard workers are rarely noticed by employers. It's about learning a skill where one can quit their current job on a whims notice for a better job. Loyalty to an emoyer is no longer warranted nor a desirable trait.

There are only so many of these better skilled jobs to get. Your solution is fine for the few but in the past people could live a decent middle wage life without always having to hope there is some better job out there somewhere.

 

[Mr Natural]

Back in the day, all a person needed was a job to realize the American dream.

And Mom stayed home to take care of the house and kids.

 

[Toddsterpatriot]

which justifies them getting raped by conservative economic policy.

I know, Clinton and Obama.....fucking conservative assholes!

 

[gipper]

It aint getting better in America, unless you're already wealthy. This is what Republicans have done to this country since Reagan.

View attachment 612601

There’s a problem with that. The Ds went along with everything the Rs did.

 

[Baron Von Murderpaws]

It aint getting better in America, unless you're already wealthy. This is what Republicans have done to this country since Reagan.

View attachment 612601

This is what happens when your momma smokes crack, snorts cocaine, and has over 75 venereal diseases from all her "trade" before giving birth.

 

[marvin martian]

It aint getting better in America, unless you're already wealthy. This is what Republicans have done to this country since Reagan.

View attachment 612601

The entire purpose of the DemoKKKrat party is to create poor people.

California continues to have the highest poverty level in the nation​

California continues to have the highest poverty level in the nation

(The Center Square) – California has the highest level of functional poverty in the U.S., according to U.S. Census Bureau data.

www.thecentersquare.com

 

[eagle1462010]

They grew up, had kids and brain washed them.

 

[Likkmee]

Boomers. Internet/ NONE
Video games Big Sony thang with a tape ?/ NONE
Ability and ass whippen to help "learn"/ PLENTY
Teachers. Adults ! Manipulated by Encyclopedia Brittanica and real life(great depression, BIG war x2,fmaily businesses --pre walmart)
Archie Bunker
Jeffersons
MASH
Johnny Carson

The others ?
Instagram
Farcebook
DikTok
Teacher on meth
Teacher on blow
Teacherette who "blows"
Okra Winfrey
Beavis and Shithead
"Ellen"

 

[Toddsterpatriot]

This inflation despite all the claims that it is something else is largely driven by the trillions and trillions that were pumped into the markets. The benefit of those trillions and trillions have been the rich.

Biden needs to unprint some trillions. What is he waiting for?
Doesn't he have the Fed's phone number?

 

[pknopp]

Biden needs to unprint some trillions. What is he waiting for?
Doesn't he have the Fed's phone number?

Biden doesn't do it. It should have been done years ago. But all the same, you aren't really addressing what I said.

 

[Toddsterpatriot]

Biden doesn't do it. It should have been done years ago.

Biden can't jawbone the Fed now? Tell them to shrink their balance sheet, now?

 

[Darkwind]

There are only so many of these better skilled jobs to get. Your solution is fine for the few but in the past people could live a decent middle wage life without always having to hope there is some better job out there somewhere.

That is actually, not true at all.

Better jobs are always being created as innovation and technology advance. In the end, like in life, if you want more, you have to be prepared to do more.

 

[Darkwind]

 

[pknopp]

Biden can't jawbone the Fed now? Tell them to shrink their balance sheet, now?

Obviously a president can say many things. Trump told them he wanted negative rates but (luckily) they did not do that.

 

[pknopp]

That is actually, not true at all.

Better jobs are always being created as innovation and technology advance. In the end, like in life, if you want more, you have to be prepared to do more.

Saying all these great jobs is doing nothing more than saying they are there.

 

[Toddsterpatriot]

Obviously a president can say many things. Trump told them he wanted negative rates but (luckily) they did not do that.

Shouldn't the Fed shrink their balance sheet now?

 

[Darkwind]

Saying all these great jobs is doing nothing more than saying they are there.

Except that I and many are advocating that if you want a better quality of life, you need to be proactive and learn the skills that add value to your commodity -- Your labor.

Whining, bitching, and overall insulting a previous generation that did exactly that, is the problem here. The "Okay, Boomer" crowd is the ones making their own lives miserable and destroying their own opportunities. As I said, at no time in human history, has life for the human race been this easy to live.

And you can thank the generations that came before you for that. So show a little gratitude.

 

[pknopp]

Shouldn't the Fed shrink their balance sheet now?

They should have years ago. I said that already. They never should have done what they did to start with.