What is “wealth distribution”?
Do Lefties really believe that Father Government or some higher power is “distributing” or handing out wealth? It doesn’t make any sense that people make different decisions and choose different pathways in life which lead them to different levels of wealth?
We hear Lefties always whining about these things and I always wonder why. I can’t wrap my head around how my quality of life is different because my neighbor makes more than I do and or has accumulated more wealth than I have.
I’m hoping
sealybobo and
rightwinger and some of the other beggars will get in here and make sense out of it all.
Yes. From tax breaks that benefit the rich and shift the tax burden more on to us, or lead to cuts in social services and programs to turning a blind eye to illegal employers to allowing companies to move their operations overseas so ceo's, shareholders and consumers can benefit at the expense of American workers.
Kroger grocery company CEO Rodney McMullen cut
COVID-19 hazard pay for food workers last year just months into the pandemic — then scooped up a
record $22.4 million in compensation for himself, Bloomberg reported Thursday.
McMullen’s pay package was revealed Thursday in a regulatory filing. His compensation rose almost 6% from the prior year, padded by a bigger bonus, a salary hike and stock awards, Bloomberg noted. That was McMullen’s biggest take ever since he became CEO in 2013.
What other ways have the rich waged class warfare on us? If Kroger employees were unionized, that CEO wouldn't have gotten $22 million. He would have got $11 million and Kroger employers would get the other $11 million.
Another indoctrinated government school grad.
Here, in America, there is no perennial class of 'the rich.'
"...economic mobility. About 60 percent of the households that were in the lowest income quintile in 1999 were in a higher quintile ten years later. During the same decade, almost 40 percent of the richest households fell to a lower quintile. This is a nation where you can rise or fall. It is a nation where you can climb the economic ladder based not on who you are born to, or what class you are born into, but based on your talents, your passion, your perseverance, and the content of your character."
https://imprimisarchives.hillsdale.edu/file/archives/pdf/2013_05_Imprimis.pdf
Tell that to the blue collar worker who worked for Ford or GM and made great pay but then his job was sent to Mexico or China.
Tell that to the 74.2 million who know the truth and voted for Trump.
Now....about Trump's economic miracle....
"He created perhaps the greatest economy in U.S. history before COVID-19. And now he's doing it again!
Who's gonna vote against that?
Remember the brilliant wisdom of Democratic strategist James Carville: "It's the economy, stupid."
The first time, Trump had to rebuild former President Obama and former Vice President Joe Biden's disastrous economy. Obama and Biden were even worse when it came to jobs. It took them four years to get unemployment below 8%. But after the start of the disastrous COVID-19 pandemic, when unemployment hit 14%, it took Trump only five months to get unemployment back under 8%.
Let's go back to GDP. Because economic growth is what really matters. That's how you create jobs. That's how you make Americans feel "better off." The Atlanta Fed is projecting the third-quarter GDP number released on Oct. 29 will be 34.6%. That would be the fastest quarterly economic growth in history. Even if the projection is high, even if the number comes in at 30%, or 27%, or 25%, it would still be the highest in America's history, by a wide margin.
But wait; it gets better. Trump achieved this miracle with a large portion of the country closed for business. Trump did it with deep-blue states such as California, New York, New Jersey, Massachusetts, Illinois and Michigan mostly locked down and closed for business for most of the quarter.
What if all those states had been open for business?
But it gets better. On Friday, the government announced U.S. core retail sales were up a stunning 9.1% year to year -- the greatest rise in America's history. Again, this happened while a dozen blue states were still mostly shut down. They didn't even have indoor dining in California and most of New York City in September.
Optimism of small-business owners climbed to an all-time high in September. Even more significant, the National Federation of Independent Business optimism index October reading of 204 points was the highest since January. That means small-business owners are the most excited and optimistic they've been since before the pandemic.
By the way, economists predicted this small-business optimism index would rise to between 99 and 102 in September. Instead, it doubled to 204, ..."
Trump Is on His Way to Victory -- Because of the Trump Miracle Economy
townhall.com