Wealth and Income Inequality in the United States

[rightwinger]

Wrong, turd. trumps dad was not even a millionaire.

Fred Trump - Wikipedia, the free encyclopedia

Care to try again?

Trumps father was a millionaire when he died in 1999, but he wasn't when he and his son began investing in real estate sever decades earlier.

Wrong again.

Damn....you just make shit up as you go along

 

[DontBeStupid]

Wrong, turd. trumps dad was not even a millionaire.

Fred Trump - Wikipedia, the free encyclopedia

Care to try again?

Trumps father was a millionaire when he died in 1999, but he wasn't when he and his son began investing in real estate sever decades earlier.

Wrong again.

/sigh

"[Donald] Trump began his career at his father's company, the Trump Organization, and initially concentrated on his father's preferred field of middle-class rental housing in Brooklyn, Queens, and Staten Island. One of Trump's first projects, while he was still in college, was the revitalization of the foreclosed Swifton Village apartment complex in Cincinnati, Ohio, which his father had purchased for $5.7 million in 1962. Trump became intimately involved in the project, personally flying in for a few days at a time to carry out landscaping and other low-level tasks. After $500,000 investment, Trump successfully turned a 1200-unit complex with a 66% vacancy rate to 100% occupancy within two years. The Trump Organization sold Swifton Village for $6.75 million in 1972."

 

[Sundial]

Got news for you, people arnt equal, some are worth more than others.

If people were equal anyone could be a supermodel.

Oh God give me strength.

Are you one of the people who are worth more than others?

That is an idiotic reply.
As much as you wwish for everyone to weep for the poor and the unfortunate AND of course those who make up the majority of public assistance recipients who are lazy sacks of shit who game the system, we are not equal. There are achievers and non achievers. There are smart people and there are not so smart. There is book smart and there are people who are street smart. No one is entitled to the results of the work of others just because they happen to be here.
If you are so concerned, write check. Keep your dirty little greedy paws off my stuff.

Ordinary Americans are not "lazy sacks of shit" who are trying to steal your stuff (assuming you have any stuff, which I doubt). They are hard-working people who pay their taxes, raise their children, and follow the rules. Why do you keep insisting they're falling behind because they're stupid and lazy?

What evidence do you have for that?

 

[dblack]

The problem is the government has to have some influence on companies and the economy, otherwise businesses will run rough shod over every citizen.

We need government to have the power to enforce criminal law. To keep business from defrauding or stealing from people. To go further, to give government the power to decide winners and losers in the market, puts us right back in the same situation. It's essentially offering up a tool to the powerful to ensure their wealth and dominance.

What we need - more than anything - is a push for separation of economy and state, much the way we've done with religion, and for most of the same reasons.

 

[bripat9643]

Because the US has greater income inequality than those countries.

I haven't seen any evidence to support that claim. The middle class in America lives far better than the middle class in those countries.

If income inequality is because people are stupid, it follows that middle-class Americans must be stupider than middle-class Swedes.

Middle class Swedes are cutting back on their welfare state while middle class Americans have been growing theirs.

So who's smarter?

 

[Sundial]

Does Donald Trump work harder than you do? Does he work 100,000 times harder than a nurse? A plumber? A teacher?

He works smarter. There's nothing stopping a nurse, a plumber or a teacher from doing exactly what Trump did.

Except not inheriting a billion dollars from their dads?

 

[DontBeStupid]

For my money, what we need - more than anything - is a push for separation of economy and state, much the way we've done with religion, and for most of the same reasons.

So, like what we had leading into the Great Depression.

Don't think that's a great plan.

 

[bripat9643]

Fred Trump - Wikipedia, the free encyclopedia

Care to try again?

Trumps father was a millionaire when he died in 1999, but he wasn't when he and his son began investing in real estate sever decades earlier.

Wrong again.

/sigh

"[Donald] Trump began his career at his father's company, the Trump Organization, and initially concentrated on his father's preferred field of middle-class rental housing in Brooklyn, Queens, and Staten Island. One of Trump's first projects, while he was still in college, was the revitalization of the foreclosed Swifton Village apartment complex in Cincinnati, Ohio, which his father had purchased for $5.7 million in 1962. Trump became intimately involved in the project, personally flying in for a few days at a time to carry out landscaping and other low-level tasks. After $500,000 investment, Trump successfully turned a 1200-unit complex with a 66% vacancy rate to 100% occupancy within two years. The Trump Organization sold Swifton Village for $6.75 million in 1972."

His initial investment was $500,000. That's less than a million.

You just proved yourself wrong, dipstick.

 

[Sundial]

Well equality is not possible as there will always be differences between the man that works his ass off and gets a good education, and the man that is not serious and drinks. The man that has a good business education and owns his own business will make a profit and earn more money, while the man that drinks and screws around won't. You get what you put into it. The left has the belief they have for the past 150 years that have caused hundreds of millions to be slaughtered.

Why should the man that works hard get the same as the man that does nothing, but collects from the government?

Does Donald Trump work harder than you do? Does he work 100,000 times harder than a nurse? A plumber? A teacher?

Yes..That's why he is wealthy.
Question to you...Does Donald Trump's work provide jobs for thousands of people?

No. Thousands of people work to support his lifestyle, though.

So you really think Trump works 100,000 times harder than a teacher?

 

[bripat9643]

For my money, what we need - more than anything - is a push for separation of economy and state, much the way we've done with religion, and for most of the same reasons.

So, like what we had leading into the Great Depression.

Don't think that's a great plan.

The Great Depression was the result of pursuing the kind of policies you endorse: government telling private business what to do. Otherwise it would have ended in 1931 or 1932.

 

[bripat9643]

Does Donald Trump work harder than you do? Does he work 100,000 times harder than a nurse? A plumber? A teacher?

He works smarter. There's nothing stopping a nurse, a plumber or a teacher from doing exactly what Trump did.

Except not inheriting a billion dollars from their dads?

Trump was a billionaire before his father died.

 

[thereisnospoon]

Cons on this board, or even contemporary con politicians, will never seriously discuss this disparity problem, or stipulate that it even constitutes a problem. Which is a shame, because it's possibly the biggest problem we're facing.

That's right. It's only a "problem" for parasites, looters and moochers, just as how to break into a house is only a problem for thieves.

How much money anyone earns is simply not the government's business.

The US Constitution disagrees with you.

Really?!!! Care to post the section where it states that?

 

[bripat9643]

Damn....you just make shit up as you go along

No I don't, dipstick.

 

[dblack]

For my money, what we need - more than anything - is a push for separation of economy and state, much the way we've done with religion, and for most of the same reasons.

So, like what we had leading into the Great Depression.

Don't think that's a great plan.

The Federal Reserve Act was enacted in 1913.

 

[DontBeStupid]

Trumps father was a millionaire when he died in 1999, but he wasn't when he and his son began investing in real estate sever decades earlier.

Wrong again.

/sigh

"[Donald] Trump began his career at his father's company, the Trump Organization, and initially concentrated on his father's preferred field of middle-class rental housing in Brooklyn, Queens, and Staten Island. One of Trump's first projects, while he was still in college, was the revitalization of the foreclosed Swifton Village apartment complex in Cincinnati, Ohio, which his father had purchased for $5.7 million in 1962. Trump became intimately involved in the project, personally flying in for a few days at a time to carry out landscaping and other low-level tasks. After $500,000 investment, Trump successfully turned a 1200-unit complex with a 66% vacancy rate to 100% occupancy within two years. The Trump Organization sold Swifton Village for $6.75 million in 1972."

His initial investment was $500,000. That's less than a million.

You just proved yourself wrong, dipstick.

You really are dumb aren't you?

"Swifton Village apartment complex in Cincinnati, Ohio, which his father had purchased for $5.7 million in 1962"

But also ....

"Fred Trump built his first home two years out of high school; he was still so young that his mother had to sign his checks. Soon he seemed to be subdividing all of Queens, then much of Brooklyn. The Great Depression, World War II and the baby boom, all of which prompted the federal government to force-feed the home-financing and construction business, made him a multimillionaire."

http://www.nytimes.com/books/00/12/03/reviews/001203.03margolt.html

Now seriously, stfu!

 

[bripat9643]

His initial investment was $500,000. That's less than a million.

You just proved yourself wrong, dipstick.

You really are dumb aren't you?

"Swifton Village apartment complex in Cincinnati, Ohio, which his father had purchased for $5.7 million in 1962".

He didn't pay cash, moron. He borrowed 90% of the money from a bank.

But also ....

"Fred Trump built his first home two years out of high school; he was still so young that his mother had to sign his checks. Soon he seemed to be subdividing all of Queens, then much of Brooklyn. The Great Depression, World War II and the baby boom, all of which prompted the federal government to force-feed the home-financing and construction business, made him a multimillionaire."

http://www.nytimes.com/books/00/12/03/reviews/001203.03margolt.html

Now seriously, stfu!

Yes, he was a millionaire when he died in 1999. But he wasn't a millionaire when he purchased his first real estate investment in 1962. His son was his partner in the venture. That's when Donald began building his fortune. He didn't inherit the money. He earned it.

You're still wrong.

 

[rightwinger]

His initial investment was $500,000. That's less than a million.

You just proved yourself wrong, dipstick.

You really are dumb aren't you?

"Swifton Village apartment complex in Cincinnati, Ohio, which his father had purchased for $5.7 million in 1962".

He didn't pay cash, moron. He borrowed 90% of the money from a bank.

But also ....

"Fred Trump built his first home two years out of high school; he was still so young that his mother had to sign his checks. Soon he seemed to be subdividing all of Queens, then much of Brooklyn. The Great Depression, World War II and the baby boom, all of which prompted the federal government to force-feed the home-financing and construction business, made him a multimillionaire."

http://www.nytimes.com/books/00/12/03/reviews/001203.03margolt.html

Now seriously, stfu!

Yes, he was a millionaire when he died in 1999. But he wasn't a millionaire when he purchased his first real estate investment in 1962. His son was his partner in the venture. That's when Donald began building his fortune. He didn't inherit the money. He earned it.

You're still wrong.

Damn....you are a shameless liar aren't you?

The more you are proven wrong......the bigger lies you fabricate

 

[Foxfyre]

Does Donald Trump work harder than you do? Does he work 100,000 times harder than a nurse? A plumber? A teacher?

Yes..That's why he is wealthy.
Question to you...Does Donald Trump's work provide jobs for thousands of people?

No. Thousands of people work to support his lifestyle, though.

So you really think Trump works 100,000 times harder than a teacher?

And thousands of people are working and prospering and contributing to society and paying taxes because there is a Donald Trump.

Should movie stars be restricted on the wages they earn? How about Nascar drivers? First rate jockeys? Sports figures? Contest winners? Do any of those work 100,000 times harder than a teacher even though some earn more than Donald Trump?

Please give us some way to quantify how hard somebody works and allocate how much the person should be paid for that effort.

And there have been times in my life that I worked for far less than an average teacher's salary while I had longer hours and equal responsibility. So how are you going to make that fair and equitable for me?

 

[DontBeStupid]

You're still wrong.

Dear Horse,

I have led you to water.

Drinking it is up to you.

Signed,
Me

 

[DontBeStupid]

Should movie stars be restricted on the wages they earn? How about Nascar drivers? First rate jockeys? Sports figures? Contest winners? Do any of those work 100,000 times harder than a teacher even though some earn more than Donald Trump?

It's amazing how you come at this issue exactly backwards. We don't care that rich people get paid a lot. We care that teachers and plumbers and actual working people get paid so little.