Sanders Tweets 'How Many Yachts Do Billionaires Need? How Many Cars?

[rightwinger]

Nobody is taking away their money. It will affect future revenue
Yes the rich will always come out on top. But increased tax revenue from the rich can go for schools, healthcare, infrastructure, programs for the elderly

Then you and I will end up paying for those things and not the rich. Prepared to give up your money for those programs????

John Stossel: Tax The Rich? The Rich Don't Have Enough. Really.

No, you and I will end up not having to pay as much for schools, healthcare, municipal services.......like we used to before tax rates on the rich
Now it's.......sorry, we can't afford that

You'll never know how much you're going to pay. Like environmental regulations, the extra costs are intrinsic in every product or service you buy. Do you really think that if we raise taxes on the rich, they will pay more money to their employees? Do you think they will sell one of their yachts or not buy the new one they wanted? They will have to learn to do without?

It doesn't work that way. Taxes and regulations are paid by all of us. Sure, the up front money is paid by the wealthy, but they recoup that money from the little people. It just makes people like you feel good that somebody got even with those filthy rich people, but the filthy rich people are laughing at you.

Of course it doesn't work that way
We already know they won't raise wages if we cut their taxes
We do know they will use the money to buy more yachts


So why do we continue to cut their taxes?

Thousands of yacht workers benefit

.

Don't forget those lawn boys

 

[Mac1958]

One pretty obvious element in all this that I never see, is the obvious fact that there are some people who are simply and organically far better at creating wealth than others. And since wealth is what gets us "stuff", then those people have a significant advantage in almost any country.

And once a society becomes as advanced (comparatively) and abundant as ours, at some point we have to look within ourselves and decide if it's decent of such a society that so many of our fellow Americans are so far behind the top 1% or 5% in pure standard of living.

At some point, those who are instinctively best at creating wealth may want to consider that, if the imbalance becomes too severe, there will be a backlash. And backlashes are often more severe than they should be.
.

 

[rightwinger]

Nobody is taking away their money. It will affect future revenue
Yes the rich will always come out on top. But increased tax revenue from the rich can go for schools, healthcare, infrastructure, programs for the elderly

Then you and I will end up paying for those things and not the rich. Prepared to give up your money for those programs????

John Stossel: Tax The Rich? The Rich Don't Have Enough. Really.

No, you and I will end up not having to pay as much for schools, healthcare, municipal services.......like we used to before tax rates on the rich
Now it's.......sorry, we can't afford that

You'll never know how much you're going to pay. Like environmental regulations, the extra costs are intrinsic in every product or service you buy. Do you really think that if we raise taxes on the rich, they will pay more money to their employees? Do you think they will sell one of their yachts or not buy the new one they wanted? They will have to learn to do without?

It doesn't work that way. Taxes and regulations are paid by all of us. Sure, the up front money is paid by the wealthy, but they recoup that money from the little people. It just makes people like you feel good that somebody got even with those filthy rich people, but the filthy rich people are laughing at you.

Of course it doesn't work that way
We already know they won't raise wages if we cut their taxes
We do know they will use the money to buy more yachts


So why do we continue to cut their taxes?

For one, we have nearly the highest corporate tax rate in the world and want to keep jobs here, but two, because the wealthy pay almost all the federal income taxes in this country.

Why do you continue that lie when you know it is not true?
We do not have the highest corporate tax rate in the world. After their lawyers and accountants got done carving up the tax code they pay lower than average
The wealthy pay most of the tax because they take most of the income. If they allowed some of that income to "trickle down" they wouldn't have to pay so much taxes

 

[Wyatt earp]

Then you and I will end up paying for those things and not the rich. Prepared to give up your money for those programs????

John Stossel: Tax The Rich? The Rich Don't Have Enough. Really.

No, you and I will end up not having to pay as much for schools, healthcare, municipal services.......like we used to before tax rates on the rich
Now it's.......sorry, we can't afford that

You'll never know how much you're going to pay. Like environmental regulations, the extra costs are intrinsic in every product or service you buy. Do you really think that if we raise taxes on the rich, they will pay more money to their employees? Do you think they will sell one of their yachts or not buy the new one they wanted? They will have to learn to do without?

It doesn't work that way. Taxes and regulations are paid by all of us. Sure, the up front money is paid by the wealthy, but they recoup that money from the little people. It just makes people like you feel good that somebody got even with those filthy rich people, but the filthy rich people are laughing at you.

Of course it doesn't work that way
We already know they won't raise wages if we cut their taxes
We do know they will use the money to buy more yachts


So why do we continue to cut their taxes?

For one, we have nearly the highest corporate tax rate in the world and want to keep jobs here, but two, because the wealthy pay almost all the federal income taxes in this country.

Why do you continue that lie when you know it is not true?
We do not have the highest corporate tax rate in the world. After their lawyers and accountants got done carving up the tax code they pay lower than average
The wealthy pay most of the tax because they take most of the income. If they allowed some of that income to "trickle down" they wouldn't have to pay so much taxes

True they don't pay a single tax.. they just collect taxes


.

 

[Ray From Cleveland]

Then you and I will end up paying for those things and not the rich. Prepared to give up your money for those programs????

John Stossel: Tax The Rich? The Rich Don't Have Enough. Really.

No, you and I will end up not having to pay as much for schools, healthcare, municipal services.......like we used to before tax rates on the rich
Now it's.......sorry, we can't afford that

You'll never know how much you're going to pay. Like environmental regulations, the extra costs are intrinsic in every product or service you buy. Do you really think that if we raise taxes on the rich, they will pay more money to their employees? Do you think they will sell one of their yachts or not buy the new one they wanted? They will have to learn to do without?

It doesn't work that way. Taxes and regulations are paid by all of us. Sure, the up front money is paid by the wealthy, but they recoup that money from the little people. It just makes people like you feel good that somebody got even with those filthy rich people, but the filthy rich people are laughing at you.

Of course it doesn't work that way
We already know they won't raise wages if we cut their taxes
We do know they will use the money to buy more yachts


So why do we continue to cut their taxes?

For one, we have nearly the highest corporate tax rate in the world and want to keep jobs here, but two, because the wealthy pay almost all the federal income taxes in this country.

Why do you continue that lie when you know it is not true?
We do not have the highest corporate tax rate in the world. After their lawyers and accountants got done carving up the tax code they pay lower than average
The wealthy pay most of the tax because they take most of the income. If they allowed some of that income to "trickle down" they wouldn't have to pay so much taxes

And that's the fallacy you on the left bought from your leaders; the reason some don't have enough is because others have too much.

It doesn't matter what the rich have or don't have, it doesn't impact your life one iota. If we increased taxes on the rich by 20%, how does that help you? How does that help me? All it helps is government, and we've seen what they do with the money.

There is no "the wealth." Wealth is endless in this country. We don't live in a bubble.

 

[Ray From Cleveland]

One pretty obvious element in all this that I never see, is the obvious fact that there are some people who are simply and organically far better at creating wealth than others. And since wealth is what gets us "stuff", then those people have a significant advantage in almost any country.

And once a society becomes as advanced (comparatively) and abundant as ours, at some point we have to look within ourselves and decide if it's decent of such a society that so many of our fellow Americans are so far behind the top 1% or 5% in pure standard of living.

At some point, those who are instinctively best at creating wealth may want to consider that, if the imbalance becomes too severe, there will be a backlash. And backlashes are often more severe than they should be.
.

It's been my observation that the wealth haters never made an investment in their lives. They live like most people depending on their paycheck and of course, always claiming they are not paid enough and the rich guy has too much.

Sure, they may have an IRA, bought a home, but never took their money to make money for them.

Most millionaires didn't inherit their money, they worked for it. You may never become rich in your life, but you never know if you didn't try.

Making money is less of a talent than it is a desire. If you want to make money like the rich guys, you have to sacrifice a lot. You may not want to start a family, do without that new car, have basic cable and internet services. When you do save enough money, you may want to consider starting your own business or make investments in the stock market, the commodities market, real estate.

 

[dannyboys]

The ability to survive in any society under any form of government is generally related to the level of a person's IQ.
The smartest people understand that striving to go beyond basic survival is found in a person's DNA.
Take an entire race with IQs generally in the low eighties and put them into a society which people who have, generally, IQs in the triple digits and any sentient twelve year old can predict the results.

 

[rightwinger]

No, you and I will end up not having to pay as much for schools, healthcare, municipal services.......like we used to before tax rates on the rich
Now it's.......sorry, we can't afford that

You'll never know how much you're going to pay. Like environmental regulations, the extra costs are intrinsic in every product or service you buy. Do you really think that if we raise taxes on the rich, they will pay more money to their employees? Do you think they will sell one of their yachts or not buy the new one they wanted? They will have to learn to do without?

It doesn't work that way. Taxes and regulations are paid by all of us. Sure, the up front money is paid by the wealthy, but they recoup that money from the little people. It just makes people like you feel good that somebody got even with those filthy rich people, but the filthy rich people are laughing at you.

Of course it doesn't work that way
We already know they won't raise wages if we cut their taxes
We do know they will use the money to buy more yachts


So why do we continue to cut their taxes?

For one, we have nearly the highest corporate tax rate in the world and want to keep jobs here, but two, because the wealthy pay almost all the federal income taxes in this country.

Why do you continue that lie when you know it is not true?
We do not have the highest corporate tax rate in the world. After their lawyers and accountants got done carving up the tax code they pay lower than average
The wealthy pay most of the tax because they take most of the income. If they allowed some of that income to "trickle down" they wouldn't have to pay so much taxes

True they don't pay a single tax.. they just collect taxes


.

They do?

Then why do they complain so much when we raise them

 

[rightwinger]

No, you and I will end up not having to pay as much for schools, healthcare, municipal services.......like we used to before tax rates on the rich
Now it's.......sorry, we can't afford that

You'll never know how much you're going to pay. Like environmental regulations, the extra costs are intrinsic in every product or service you buy. Do you really think that if we raise taxes on the rich, they will pay more money to their employees? Do you think they will sell one of their yachts or not buy the new one they wanted? They will have to learn to do without?

It doesn't work that way. Taxes and regulations are paid by all of us. Sure, the up front money is paid by the wealthy, but they recoup that money from the little people. It just makes people like you feel good that somebody got even with those filthy rich people, but the filthy rich people are laughing at you.

Of course it doesn't work that way
We already know they won't raise wages if we cut their taxes
We do know they will use the money to buy more yachts


So why do we continue to cut their taxes?

For one, we have nearly the highest corporate tax rate in the world and want to keep jobs here, but two, because the wealthy pay almost all the federal income taxes in this country.

Why do you continue that lie when you know it is not true?
We do not have the highest corporate tax rate in the world. After their lawyers and accountants got done carving up the tax code they pay lower than average
The wealthy pay most of the tax because they take most of the income. If they allowed some of that income to "trickle down" they wouldn't have to pay so much taxes

And that's the fallacy you on the left bought from your leaders; the reason some don't have enough is because others have too much.

It doesn't matter what the rich have or don't have, it doesn't impact your life one iota. If we increased taxes on the rich by 20%, how does that help you? How does that help me? All it helps is government, and we've seen what they do with the money.

There is no "the wealth." Wealth is endless in this country. We don't live in a bubble.

Actually, the reason so many do not have wealth IS because the rich have too much

Look at wage scales as a percentage of corporate income from the fifties and compare it to today. Workers ARE getting a smaller slice of the pie and executive pay has skyrocketed

 

[EverCurious]

Corporate profits started going up because the internet made global networking possible in ways telephones never imagined.

There is no cap on how much money exists on the planet at any one time, we literary invent it out of thin air. All that matters is how much someone wants something, and specifically how bad a corporation thinks they want it. It's not a pie, it's as infinite as we decide to make it.

 

[Ray From Cleveland]

You'll never know how much you're going to pay. Like environmental regulations, the extra costs are intrinsic in every product or service you buy. Do you really think that if we raise taxes on the rich, they will pay more money to their employees? Do you think they will sell one of their yachts or not buy the new one they wanted? They will have to learn to do without?

It doesn't work that way. Taxes and regulations are paid by all of us. Sure, the up front money is paid by the wealthy, but they recoup that money from the little people. It just makes people like you feel good that somebody got even with those filthy rich people, but the filthy rich people are laughing at you.

Of course it doesn't work that way
We already know they won't raise wages if we cut their taxes
We do know they will use the money to buy more yachts


So why do we continue to cut their taxes?

For one, we have nearly the highest corporate tax rate in the world and want to keep jobs here, but two, because the wealthy pay almost all the federal income taxes in this country.

Why do you continue that lie when you know it is not true?
We do not have the highest corporate tax rate in the world. After their lawyers and accountants got done carving up the tax code they pay lower than average
The wealthy pay most of the tax because they take most of the income. If they allowed some of that income to "trickle down" they wouldn't have to pay so much taxes

And that's the fallacy you on the left bought from your leaders; the reason some don't have enough is because others have too much.

It doesn't matter what the rich have or don't have, it doesn't impact your life one iota. If we increased taxes on the rich by 20%, how does that help you? How does that help me? All it helps is government, and we've seen what they do with the money.

There is no "the wealth." Wealth is endless in this country. We don't live in a bubble.

Actually, the reason so many do not have wealth IS because the rich have too much

Look at wage scales as a percentage of corporate income from the fifties and compare it to today. Workers ARE getting a smaller slice of the pie and executive pay has skyrocketed

There is no pie here. Workers are paid to do X work for X amount of money that they agreed on. Unless you took a job with profit sharing, there is no pie. You get paid X amount of money if the company is doing badly, and you get paid X amount of money if the company is doing fantastic. Why should your pay fluctuate with company profit?

 

[rightwinger]

Of course it doesn't work that way
We already know they won't raise wages if we cut their taxes
We do know they will use the money to buy more yachts


So why do we continue to cut their taxes?

For one, we have nearly the highest corporate tax rate in the world and want to keep jobs here, but two, because the wealthy pay almost all the federal income taxes in this country.

Why do you continue that lie when you know it is not true?
We do not have the highest corporate tax rate in the world. After their lawyers and accountants got done carving up the tax code they pay lower than average
The wealthy pay most of the tax because they take most of the income. If they allowed some of that income to "trickle down" they wouldn't have to pay so much taxes

And that's the fallacy you on the left bought from your leaders; the reason some don't have enough is because others have too much.

It doesn't matter what the rich have or don't have, it doesn't impact your life one iota. If we increased taxes on the rich by 20%, how does that help you? How does that help me? All it helps is government, and we've seen what they do with the money.

There is no "the wealth." Wealth is endless in this country. We don't live in a bubble.

Actually, the reason so many do not have wealth IS because the rich have too much

Look at wage scales as a percentage of corporate income from the fifties and compare it to today. Workers ARE getting a smaller slice of the pie and executive pay has skyrocketed

There is no pie here. Workers are paid to do X work for X amount of money that they agreed on. Unless you took a job with profit sharing, there is no pie. You get paid X amount of money if the company is doing badly, and you get paid X amount of money if the company is doing fantastic. Why should your pay fluctuate with company profit?

Yes there is a corporate pie
They look at that pie and decide how much they are going to keep and how much trickles down to the workers
As I showed you...less and less is trickling down to the workers at a national GDP level

Now, explain again why we are giving tax cuts to corporations

 

[Picaro]

View attachment 122629

Twitterers respond with how many houses do you need?
Once again, the lack of self awareness of the left is mind boggling.

Sanders Asks How Many Yachts Billionaires Need, Twitter Asks How Many Houses He Needs

I spent many hours over the past week on this very important question of national interest, and the math comes out to 14 yachts and 47 cars in my personal case. I went ahead and figured out the number of private jets, too, for extra credit, and it turns out I need only 8.

What were Bernie's numbers?

 

[Ray From Cleveland]

For one, we have nearly the highest corporate tax rate in the world and want to keep jobs here, but two, because the wealthy pay almost all the federal income taxes in this country.

Why do you continue that lie when you know it is not true?
We do not have the highest corporate tax rate in the world. After their lawyers and accountants got done carving up the tax code they pay lower than average
The wealthy pay most of the tax because they take most of the income. If they allowed some of that income to "trickle down" they wouldn't have to pay so much taxes

And that's the fallacy you on the left bought from your leaders; the reason some don't have enough is because others have too much.

It doesn't matter what the rich have or don't have, it doesn't impact your life one iota. If we increased taxes on the rich by 20%, how does that help you? How does that help me? All it helps is government, and we've seen what they do with the money.

There is no "the wealth." Wealth is endless in this country. We don't live in a bubble.

Actually, the reason so many do not have wealth IS because the rich have too much

Look at wage scales as a percentage of corporate income from the fifties and compare it to today. Workers ARE getting a smaller slice of the pie and executive pay has skyrocketed

There is no pie here. Workers are paid to do X work for X amount of money that they agreed on. Unless you took a job with profit sharing, there is no pie. You get paid X amount of money if the company is doing badly, and you get paid X amount of money if the company is doing fantastic. Why should your pay fluctuate with company profit?

Yes there is a corporate pie
They look at that pie and decide how much they are going to keep and how much trickles down to the workers
As I showed you...less and less is trickling down to the workers at a national GDP level

Now, explain again why we are giving tax cuts to corporations

There is a company pie, but the country is not a pie. Why do we give tax cuts to corporations?

If your city or state is trying to attract a company that could bring 800 jobs to your area, but they are considering other cities to open up or move, what is the first thing your city does to attract them to your city or state? That's right, tax abatements.

They work every time it's tried. Lower costs for the company and they just may bring those jobs to your area and everybody benefits.

It works the same way on a worldwide level. Some move the entire company out of the country, and others just move their corporate offices out of the country because taxes are lower if you operate in America but not an official American company.

 

[rightwinger]

Why do you continue that lie when you know it is not true?
We do not have the highest corporate tax rate in the world. After their lawyers and accountants got done carving up the tax code they pay lower than average
The wealthy pay most of the tax because they take most of the income. If they allowed some of that income to "trickle down" they wouldn't have to pay so much taxes

And that's the fallacy you on the left bought from your leaders; the reason some don't have enough is because others have too much.

It doesn't matter what the rich have or don't have, it doesn't impact your life one iota. If we increased taxes on the rich by 20%, how does that help you? How does that help me? All it helps is government, and we've seen what they do with the money.

There is no "the wealth." Wealth is endless in this country. We don't live in a bubble.

Actually, the reason so many do not have wealth IS because the rich have too much

Look at wage scales as a percentage of corporate income from the fifties and compare it to today. Workers ARE getting a smaller slice of the pie and executive pay has skyrocketed

There is no pie here. Workers are paid to do X work for X amount of money that they agreed on. Unless you took a job with profit sharing, there is no pie. You get paid X amount of money if the company is doing badly, and you get paid X amount of money if the company is doing fantastic. Why should your pay fluctuate with company profit?

Yes there is a corporate pie
They look at that pie and decide how much they are going to keep and how much trickles down to the workers
As I showed you...less and less is trickling down to the workers at a national GDP level

Now, explain again why we are giving tax cuts to corporations

There is a company pie, but the country is not a pie. Why do we give tax cuts to corporations?

If your city or state is trying to attract a company that could bring 800 jobs to your area, but they are considering other cities to open up or move, what is the first thing your city does to attract them to your city or state? That's right, tax abatements.

They work every time it's tried. Lower costs for the company and they just may bring those jobs to your area and everybody benefits.

It works the same way on a worldwide level. Some move the entire company out of the country, and others just move their corporate offices out of the country because taxes are lower if you operate in America but not an official American company.

Yes there is a national pie.....it is chock full of GDPs
Yes, that pie may be bigger or smaller next year but there is a definite size to our national economy
What we do know is that workers are getting a smaller and smaller slice of that GDP pie. So should we go over and take pie away from rich people and give it to poor people?
Of course not
But we should not continue national economic policies that encourage the wealthy to gain more pie. We need more policies that help working Americans to get and keep more pie

 

[Ray From Cleveland]

And that's the fallacy you on the left bought from your leaders; the reason some don't have enough is because others have too much.

It doesn't matter what the rich have or don't have, it doesn't impact your life one iota. If we increased taxes on the rich by 20%, how does that help you? How does that help me? All it helps is government, and we've seen what they do with the money.

There is no "the wealth." Wealth is endless in this country. We don't live in a bubble.

Actually, the reason so many do not have wealth IS because the rich have too much

Look at wage scales as a percentage of corporate income from the fifties and compare it to today. Workers ARE getting a smaller slice of the pie and executive pay has skyrocketed

There is no pie here. Workers are paid to do X work for X amount of money that they agreed on. Unless you took a job with profit sharing, there is no pie. You get paid X amount of money if the company is doing badly, and you get paid X amount of money if the company is doing fantastic. Why should your pay fluctuate with company profit?

Yes there is a corporate pie
They look at that pie and decide how much they are going to keep and how much trickles down to the workers
As I showed you...less and less is trickling down to the workers at a national GDP level

Now, explain again why we are giving tax cuts to corporations

There is a company pie, but the country is not a pie. Why do we give tax cuts to corporations?

If your city or state is trying to attract a company that could bring 800 jobs to your area, but they are considering other cities to open up or move, what is the first thing your city does to attract them to your city or state? That's right, tax abatements.

They work every time it's tried. Lower costs for the company and they just may bring those jobs to your area and everybody benefits.

It works the same way on a worldwide level. Some move the entire company out of the country, and others just move their corporate offices out of the country because taxes are lower if you operate in America but not an official American company.

Yes there is a national pie.....it is chock full of GDPs
Yes, that pie may be bigger or smaller next year but there is a definite size to our national economy
What we do know is that workers are getting a smaller and smaller slice of that GDP pie. So should we go over and take pie away from rich people and give it to poor people?
Of course not
But we should not continue national economic policies that encourage the wealthy to gain more pie. We need more policies that help working Americans to get and keep more pie

No, there is no national pie. If that were true, I could ask my boss for a raise tomorrow, and he would say he'd love to give me a raise, but he can't because the rich people have all the money. Or I could go to the bank for a loan, and they would tell me they would give me a loan if the rich didn't have all the money.

That's never happened and never will.

If you want more pie, buy more pie. Nothing is stopping you from buying stock in your company if they are large enough to be in the market. If they are not, you can buy stock in other companies and share their success that way. So we already have that system you speak of, it's just that nobody is going to knock at your front door and hand it to you.

Companies cater to the customer, and it's the American consumer that calls the shots. When we collectively start to buy products from companies that produce in America, provide good paying monkey jobs, that's when you'll see industry focus on sharing that pie you speak of. Until that time, companies will focus on providing us with the cheap products we demand.

 

[rightwinger]

Actually, the reason so many do not have wealth IS because the rich have too much

Look at wage scales as a percentage of corporate income from the fifties and compare it to today. Workers ARE getting a smaller slice of the pie and executive pay has skyrocketed

There is no pie here. Workers are paid to do X work for X amount of money that they agreed on. Unless you took a job with profit sharing, there is no pie. You get paid X amount of money if the company is doing badly, and you get paid X amount of money if the company is doing fantastic. Why should your pay fluctuate with company profit?

Yes there is a corporate pie
They look at that pie and decide how much they are going to keep and how much trickles down to the workers
As I showed you...less and less is trickling down to the workers at a national GDP level

Now, explain again why we are giving tax cuts to corporations

There is a company pie, but the country is not a pie. Why do we give tax cuts to corporations?

If your city or state is trying to attract a company that could bring 800 jobs to your area, but they are considering other cities to open up or move, what is the first thing your city does to attract them to your city or state? That's right, tax abatements.

They work every time it's tried. Lower costs for the company and they just may bring those jobs to your area and everybody benefits.

It works the same way on a worldwide level. Some move the entire company out of the country, and others just move their corporate offices out of the country because taxes are lower if you operate in America but not an official American company.

Yes there is a national pie.....it is chock full of GDPs
Yes, that pie may be bigger or smaller next year but there is a definite size to our national economy
What we do know is that workers are getting a smaller and smaller slice of that GDP pie. So should we go over and take pie away from rich people and give it to poor people?
Of course not
But we should not continue national economic policies that encourage the wealthy to gain more pie. We need more policies that help working Americans to get and keep more pie

No, there is no national pie. If that were true, I could ask my boss for a raise tomorrow, and he would say he'd love to give me a raise, but he can't because the rich people have all the money. Or I could go to the bank for a loan, and they would tell me they would give me a loan if the rich didn't have all the money.

That's never happened and never will.

If you want more pie, buy more pie. Nothing is stopping you from buying stock in your company if they are large enough to be in the market. If they are not, you can buy stock in other companies and share their success that way. So we already have that system you speak of, it's just that nobody is going to knock at your front door and hand it to you.

Companies cater to the customer, and it's the American consumer that calls the shots. When we collectively start to buy products from companies that produce in America, provide good paying monkey jobs, that's when you'll see industry focus on sharing that pie you speak of. Until that time, companies will focus on providing us with the cheap products we demand.

You keep confusing an individual job with the nations economy
You are negotiating within a continually diminishing slice of pie. As you negotiate, your boss will tell you....I'd like to pay you more ...but someone else will work for less....by the way...I need to cut your pension plan
Yes customers call the shots. Employers used to share more of that revenue with their employees

 

[Ray From Cleveland]

There is no pie here. Workers are paid to do X work for X amount of money that they agreed on. Unless you took a job with profit sharing, there is no pie. You get paid X amount of money if the company is doing badly, and you get paid X amount of money if the company is doing fantastic. Why should your pay fluctuate with company profit?

Yes there is a corporate pie
They look at that pie and decide how much they are going to keep and how much trickles down to the workers
As I showed you...less and less is trickling down to the workers at a national GDP level

Now, explain again why we are giving tax cuts to corporations

There is a company pie, but the country is not a pie. Why do we give tax cuts to corporations?

If your city or state is trying to attract a company that could bring 800 jobs to your area, but they are considering other cities to open up or move, what is the first thing your city does to attract them to your city or state? That's right, tax abatements.

They work every time it's tried. Lower costs for the company and they just may bring those jobs to your area and everybody benefits.

It works the same way on a worldwide level. Some move the entire company out of the country, and others just move their corporate offices out of the country because taxes are lower if you operate in America but not an official American company.

Yes there is a national pie.....it is chock full of GDPs
Yes, that pie may be bigger or smaller next year but there is a definite size to our national economy
What we do know is that workers are getting a smaller and smaller slice of that GDP pie. So should we go over and take pie away from rich people and give it to poor people?
Of course not
But we should not continue national economic policies that encourage the wealthy to gain more pie. We need more policies that help working Americans to get and keep more pie

No, there is no national pie. If that were true, I could ask my boss for a raise tomorrow, and he would say he'd love to give me a raise, but he can't because the rich people have all the money. Or I could go to the bank for a loan, and they would tell me they would give me a loan if the rich didn't have all the money.

That's never happened and never will.

If you want more pie, buy more pie. Nothing is stopping you from buying stock in your company if they are large enough to be in the market. If they are not, you can buy stock in other companies and share their success that way. So we already have that system you speak of, it's just that nobody is going to knock at your front door and hand it to you.

Companies cater to the customer, and it's the American consumer that calls the shots. When we collectively start to buy products from companies that produce in America, provide good paying monkey jobs, that's when you'll see industry focus on sharing that pie you speak of. Until that time, companies will focus on providing us with the cheap products we demand.

You keep confusing an individual job with the nations economy
You are negotiating within a continually diminishing slice of pie. As you negotiate, your boss will tell you....I'd like to pay you more ...but someone else will work for less....by the way...I need to cut your pension plan
Yes customers call the shots. Employers used to share more of that revenue with their employees

Believe it or not, you hit the nail on the head. An employees worth is what your company can pay another person to do the same quality of work. That's it. Supply and demand is what your worth is.

The way to increase your worth is to make yourself more valuable; do work that less people can do.

Anybody can stock shelves, inspect parts, make french fries, deliver pizzas. Less people can build houses, remodel houses, do plumbing or electrical work, repair and maintain computers, take care of patients in the hospital, troubleshoot HVAC systems.

Years ago I was repairing medical equipment so my company wanted me to go to electronics school. It became tedious after a while holding down a full-time job and going to school at nights. So I asked my teacher what kind of money I could make in electronics if I stayed one year and got my FCC license? He told me around 16K. Unhappy with his answer, I asked what I could make if I stuck around two years and got my associates degree? He said about 18K a year.

That was back in the early 80's, but even then, very crappy money. Electronics is hard, it takes some talent to understand. It's all math. So why the little pay? Because everybody and their mother was interested in electronics. Supply and demand.

 

[rightwinger]

Yes there is a corporate pie
They look at that pie and decide how much they are going to keep and how much trickles down to the workers
As I showed you...less and less is trickling down to the workers at a national GDP level

Now, explain again why we are giving tax cuts to corporations

There is a company pie, but the country is not a pie. Why do we give tax cuts to corporations?

If your city or state is trying to attract a company that could bring 800 jobs to your area, but they are considering other cities to open up or move, what is the first thing your city does to attract them to your city or state? That's right, tax abatements.

They work every time it's tried. Lower costs for the company and they just may bring those jobs to your area and everybody benefits.

It works the same way on a worldwide level. Some move the entire company out of the country, and others just move their corporate offices out of the country because taxes are lower if you operate in America but not an official American company.

Yes there is a national pie.....it is chock full of GDPs
Yes, that pie may be bigger or smaller next year but there is a definite size to our national economy
What we do know is that workers are getting a smaller and smaller slice of that GDP pie. So should we go over and take pie away from rich people and give it to poor people?
Of course not
But we should not continue national economic policies that encourage the wealthy to gain more pie. We need more policies that help working Americans to get and keep more pie

No, there is no national pie. If that were true, I could ask my boss for a raise tomorrow, and he would say he'd love to give me a raise, but he can't because the rich people have all the money. Or I could go to the bank for a loan, and they would tell me they would give me a loan if the rich didn't have all the money.

That's never happened and never will.

If you want more pie, buy more pie. Nothing is stopping you from buying stock in your company if they are large enough to be in the market. If they are not, you can buy stock in other companies and share their success that way. So we already have that system you speak of, it's just that nobody is going to knock at your front door and hand it to you.

Companies cater to the customer, and it's the American consumer that calls the shots. When we collectively start to buy products from companies that produce in America, provide good paying monkey jobs, that's when you'll see industry focus on sharing that pie you speak of. Until that time, companies will focus on providing us with the cheap products we demand.

You keep confusing an individual job with the nations economy
You are negotiating within a continually diminishing slice of pie. As you negotiate, your boss will tell you....I'd like to pay you more ...but someone else will work for less....by the way...I need to cut your pension plan
Yes customers call the shots. Employers used to share more of that revenue with their employees

Believe it or not, you hit the nail on the head. An employees worth is what your company can pay another person to do the same quality of work. That's it. Supply and demand is what your worth is.

The way to increase your worth is to make yourself more valuable; do work that less people can do.

Anybody can stock shelves, inspect parts, make french fries, deliver pizzas. Less people can build houses, remodel houses, do plumbing or electrical work, repair and maintain computers, take care of patients in the hospital, troubleshoot HVAC systems.

Years ago I was repairing medical equipment so my company wanted me to go to electronics school. It became tedious after a while holding down a full-time job and going to school at nights. So I asked my teacher what kind of money I could make in electronics if I stayed one year and got my FCC license? He told me around 16K. Unhappy with his answer, I asked what I could make if I stuck around two years and got my associates degree? He said about 18K a year.

That was back in the early 80's, but even then, very crappy money. Electronics is hard, it takes some talent to understand. It's all math. So why the little pay? Because everybody and their mother was interested in electronics. Supply and demand.

Again you drop down to the individual level when we are talking about national policy. Yes YOU may be able to enhance your bargaining position. But it will come at the expense of another employees bargaining position....there is no net gain
We are looking at the nationwide workers slice of the pie which has diminished. We need to change national policy to help the workers instead of the one percent

 

[LaDexter]

less and less is trickling down to the workers at a national GDP level

As government spending goes up, the lower end of the workforce gets it hard... the "crowding out" effect in action.

Government spending is the problem. Wage inflation will return if government spending is hacked back to the level it was in the mid 1990s, 25% of GDP instead of 50% today.