World's 85 richest earn more than 3.5 billion poorest: UN

[AvgGuyIA]

Thanks for pointing out your ignorance? No problem. I can do it with my eyes closed and one hand tied behind my back.

Ignorance... coming from progressive liberal? LMAO

Hello kettle.....

-Geaux

How did Reagan's "trickle down" theory work? I'm not talking about you, although you try to make this all about you.

This was the biggest lie perpetrated on the American middle class and the poor. The propaganda was brilliant, though because the narrative and motions put into play was just the opposite: it was about keeping it at the top and anything that came down just went overseas. Henry Ford stated that he wanted his employees to also be his customers. Now CEOs just try to find new ways to cut payroll and transfer those jobs amongst the remaining employees.

95% of the clothing Americans wear is now made overseas. You get a CT scan at a local hospital and chances are the radiology department who reads it is in India. Go into any Target or Walmart and find ANYTHING made in America. After Hurricane Sandy thousands of mid-to-low level jobs with the major insurance carriers in the New York area went to the Philippines. The top 1% has sucked the money and the life out of this country.

So you take your fat azz and sit on your pension, Bubba. And let's hope your butt cheeks are air tight.

Lower the top corporate tax rate and that money will come flying back. CEOs have a fiduciary responsibility to run profitable companies. Even communists like to make a profit.

 

[AvgGuyIA]

World's 85 richest earn more than 3.5 billion poorest: UN
World's 85 richest earn more than 3.5 billion poorest: UN - Business - CBC News

The 85 richest people in the world have as much wealth as the 3.5 billion poorest people, the United Nations said Thursday in a report that highlights the 1.2 billion people who live on less than $1.25 a day.

The UN’s annual Human Development Report notes that overall poverty is declining throughout the world, but says worsening inequality risks reversing the trend to improvements in life span and income.

Canada placed No. 8 on the UN Human Development Index, a measure based on education, income, health and other measures of human well-being. It is among the group of nations considered to have very human development, with Norway at the top of the list.

That is better than last year, when Canada placed 11th, after making the top of the list in the 1990s.

Among the nations considered to have very poor human development are Niger, Congo, Mali, Haiti and Nepal.

Nearly one-third of people are poor or vulnerable to poverty, meaning they are not resilient in the face of natural or human-induced disasters and can slip further behind, according to the report.

Eradicating poverty is not just about "getting to zero, but about staying there," said UN human development head Helen Clark.
Call for universal access to social programs

The report calls for "universal access to basic social services, especially health and education; stronger social protection, including unemployment insurance and pensions; and a commitment to full employment, recognizing
that the value of employment extends far beyond the income it generates."

Is it really good that 85 people have more wealth than half of the population of our planet? I don't think so!

Yes, of course it is. I am sure the less fortunate are living off their successes in more ways than one, including handouts, employment and charitable organizations. Mark Zuckerberg soon to be up there with them all.

Facebook Gain Makes Zuckerberg Wealthier Than Google Guys - Bloomberg

Mark Zuckerberg is now richer than Google Inc. co-founders Sergey Brin and Larry Page.

The Facebook Inc. chairman added $1.6 billion to his fortune today after the world’s largest social network closed at a record. The surge elevated the 30-year-old’s net worth to $33.3 billion, moving him past Brin, 40, and Page, 41, as well as Amazon.com Inc. Chief Executive Officer Jeff Bezos, 50, on the Bloomberg Billionaires Index.

Zuckerberg is No. 16 on the ranking. The Google founders are 17th and 18th. Bezos occupies the 20th spot.

“He’s just getting started,” David Kirkpatrick, author of “The Facebook Effect,” said in a telephone interview. “He’s going to become the richest person on the planet.”

Isn't Zuckerberg a fuckin' LIBERAL? The fuckin' bastard!

 

[Wry Catcher]

You hate rich people we get it. If they only ran their homes on solar like you refuse to do maybe you won't hate them so much.

Are stupid comments like this ^^^ a product of stupid people, or are they a product of an ideology which is indefenseable? Or both?

 

[Rikurzhen]

""According to every major data source, the vast majority of U.S. workers—including white-collar and blue-collar workers and those with and without a college degree—have endured more than a decade of wage stagnation.

I'm going to walk out on a plank here and predict that you have a lot of sympathy for illegal infiltrators, you want to Amnesty the infiltrators in our midst and you most certainly don't want to deport 20 million infiltrators and cease all immigration. How am I doing?

Well, if you want to break the back of wage stagflation then you can't keep flooding the labor market because this flood of workers depresses wage levels.

 

[Wry Catcher]

The simple but elusive answer remains:

Fair and simple tax codes.

Fair and simple PROGRESSIVE tax codes.

 

[AmericanFirst]

World's 85 richest earn more than 3.5 billion poorest: UN
World's 85 richest earn more than 3.5 billion poorest: UN - Business - CBC News

The 85 richest people in the world have as much wealth as the 3.5 billion poorest people, the United Nations said Thursday in a report that highlights the 1.2 billion people who live on less than $1.25 a day.

The UN’s annual Human Development Report notes that overall poverty is declining throughout the world, but says worsening inequality risks reversing the trend to improvements in life span and income.

Canada placed No. 8 on the UN Human Development Index, a measure based on education, income, health and other measures of human well-being. It is among the group of nations considered to have very human development, with Norway at the top of the list.

That is better than last year, when Canada placed 11th, after making the top of the list in the 1990s.

Among the nations considered to have very poor human development are Niger, Congo, Mali, Haiti and Nepal.

Nearly one-third of people are poor or vulnerable to poverty, meaning they are not resilient in the face of natural or human-induced disasters and can slip further behind, according to the report.

Eradicating poverty is not just about "getting to zero, but about staying there," said UN human development head Helen Clark.
Call for universal access to social programs

The report calls for "universal access to basic social services, especially health and education; stronger social protection, including unemployment insurance and pensions; and a commitment to full employment, recognizing
that the value of employment extends far beyond the income it generates."

Is it really good that 85 people have more wealth than half of the population of our planet? I don't think so!

Socialists hate the rich. Who cares who else is rich. If socialists don't like it maybe they need to smarten up and get rich themselves. Funny how a lot of the idiot dimwits cry about the rich are rich themselves, hypocrites.

 

[AmericanFirst]

The simple but elusive answer remains:

Fair and simple tax codes.

Fair and simple PROGRESSIVE tax codes.

Progressive to socialist to communism, yeah that is the way, not. Progressivism is what is wrong with country at this point.

 

[blackhawk]

How dare people earn wealth mediocrity for all.

 

[Rikurzhen]

How did Reagan's "trickle down" theory work? I'm not talking about you, although you try to make this all about you.

This was the biggest lie perpetrated on the American middle class and the poor.

Hogwash.

Reagan's policy worked extremely well. You're saying that it hasn't and the basis of your criticism is that Reagan's policy doesn't live up to your phantom metrics. Why not compare the path Reagan set us on to the real-world alternatives loved by liberals like you, compare US economic metrics from 1981 to present to those of France from 1981 to present. France, after all, is the statist nirvana that liberals love to use as a counter example. Same with Sweden from 1981 to present.

We had a choice of two alternative models, well three actually if we include the Carter model that we could have simply left in place. That's how you do a comparison, you actually compare one policy outcome to EXISTING alternatives, not to some perfect imaginary metric that exists only in your dreams.

Compare annual GDP growth rates for the US and France, compare cumulative growth over the period, compare GDP/capita figures from 1981 to present, etc.

Let me save you some trouble - imagine how much poorer we'd all be today if we had chosen the French economic model that liberals favor so much. Take a guess how much income you'd have to lop off of everyone's take-home pay in order to live mired in the French model?

 

[Indofred]

Is it really good that 85 people have more wealth than half of the population of our planet? I don't think so!

What do you propose?
You could redistribute wealth, but that always fails as a new breed of capitalists always emerge from the ashes of communism.

Sorry, it's a fact you can do nothing about, so live with it

 

[AmericanFirst]

How did Reagan's "trickle down" theory work? I'm not talking about you, although you try to make this all about you.

This was the biggest lie perpetrated on the American middle class and the poor.

Hogwash.

Reagan's policy worked extremely well. You're saying that it hasn't and the basis of your criticism is that Reagan's policy doesn't live up to your phantom metrics. Why not compare the path Reagan set us on to the real-world alternatives loved by liberals like you, compare US economic metrics from 1981 to present to those of France from 1981 to present. France, after all, is the statist nirvana that liberals love to use as a counter example. Same with Sweden from 1981 to present.

We had a choice of two alternative models, well three actually if we include the Carter model that we could have simply left in place. That's how you do a comparison, you actually compare one policy outcome to EXISTING alternatives, not to some perfect imaginary metric that exists only in your dreams.

Compare annual GDP growth rates for the US and France, compare cumulative growth over the period, compare GDP/capita figures from 1981 to present, etc.

Let me save you some trouble - imagine how much poorer we'd all be today if we had chosen the French economic model that liberals favor so much. Take a guess how much income you'd have to lop off of everyone's take-home pay in order to live mired in the French model?

The libtarded left hate Reagen because he was ten times smarter than their hero obamashitforbrains.

 

[occupied]

Don't understand why the left keeps bring up what the rich make over the poor as if there never was a difference. Then on the next hand the left will tell us trickle down doesn't work. So what is it, the rich, by making more, are somehow ripping off the poor, or trickle down does actually work?

Wealth is power, you know this, more wealth in fewer hands should worry anyone who does not want to live in a police state. We can already see it forming while conservatives think they can suck up to them and get better treatment, the fools.

And how is wealth power....you can buy governments.

What does the left want....more government so the rich have more to buy to make themselves richer.

The left believes all power, political, economic and spiritual should be held accountable for it's actions. When powerful people cannot be held accountable, such as our financial industry, it is an affront to our ideals of living in a free society.

 

[dilloduck]

Wealth is power, you know this, more wealth in fewer hands should worry anyone who does not want to live in a police state. We can already see it forming while conservatives think they can suck up to them and get better treatment, the fools.

And how is wealth power....you can buy governments.

What does the left want....more government so the rich have more to buy to make themselves richer.

The left believes all power, political, economic and spiritual should be held accountable for it's actions. When powerful people cannot be held accountable, such as our financial industry, it is an affront to our ideals of living in a free society.

You mean the left believes all power should be held accountable except theirs....

 

[Geaux4it]

Oh the 85 .... Oh the 1%... LMAO...

Get off your ass libs. You know what I'm saying?

How about pride felt from doing the best you can for the pay your skills dictate?

What kind of weak man measures his success relative to the success of others?

If you think about it, it's kind of ridiculous thinking. I firmly believe it comes down to your resolve. Perhaps more in this country should take a few minutes to check themselves. A person on entitlements, vs that who works for say minimum wage, have a different opinion on what a desperate situation is. When a man is desperate he will either work whatever it takes to make the cut, or will accept government assistance, or maybe as a last result, turn to crime.

The difference here is- liberals, when desperate, turn to entitlements. All others start washing dishes.

-Geaux

 

[Rikurzhen]

A derivative of this question is how does the world change if the two groups simply vanished off the face of the Earth?

Most of the 3.5 billion are the poor in Africa, Bangladesh, China, etc. Of the 85 richest there are people who affect our daily lives. If there was no Steve Jobs then how could liberals live without their iPhones and Mac computers?

When was the last time that anyone here used pharmaceuticals developed in Ethiopia or saw a kidney dialysis machine designed and manufactured in Zimbabwe?

Those 85 richest people have affected our lives for the positive. Those 3.5 billion poor people don't really intersect the lives of most people, at all. Those 85 rich people got rich because they improved the lives of a lot of people and these consumers felt better off trading their own money in exchange for whatever good or service those 85 people offered. Those 3.5 billion poor people aren't having much influence in the world.

Where is it written that people each contribute equally to global well-being? If people don't contribute equally to global well-being then why should we expect rewards to be distributed equally, especially when rewards are distributed freely and in a decentralized fashion. If liberals object to the late Steve Jobs being a billionaire they have it within their power to never buy an Apple product. If they do buy Apple products then they're indicating that they believe that they're better off parting with their cash and giving it to Steve Jobs and his company in exchange for an Apple product than they are by holding onto their cash or better yet sending their cash to charities in Africa to distribute to random poor people.

 

[Wry Catcher]

The simple but elusive answer remains:

Fair and simple tax codes.

Fair and simple PROGRESSIVE tax codes.

Progressive to socialist to communism, yeah that is the way, not. Progressivism is what is wrong with country at this point.

Thanks for sharing, come back when you've finished high school and have read at least one book, cover to cover. Then we'll talk.

 

[Wry Catcher]

And how is wealth power....you can buy governments.

What does the left want....more government so the rich have more to buy to make themselves richer.

The left believes all power, political, economic and spiritual should be held accountable for it's actions. When powerful people cannot be held accountable, such as our financial industry, it is an affront to our ideals of living in a free society.

You mean the left believes all power should be held accountable except theirs....

No, he didn't mean that. If he did, he would have written so. Thus, your entire response is nonsensical.

 

[Rikurzhen]

The simple but elusive answer remains:

Fair and simple tax codes.

Fair and simple PROGRESSIVE tax codes.

We ALREADY have the world's most progressive tax code according to the OECD. How much is enough?

But a new study on inequality by researchers at the Organization for Economic Cooperation and Development (OECD) in Paris reveals that when it comes to household taxes (income taxes and employee social security contributions) the U.S. "has the most progressive tax system and collects the largest share of taxes from the richest 10% of the population." As Column 1 in the table below shows, the U.S. tax system is far more progressive—meaning pro-poor—than similar systems in countries most Americans identify with high taxes, such as France and Sweden.​

We don't have a tax revenue problem we have a spending problem and we have too many poor and dumb people that we need to support and we keep letting more and more of them into the country via our wide-open Southern Border.

 

[saveliberty]

So the US needs to be the world police and use drones to kill the rich around the world? Many of these people are not US citizens or in the US. The UN would do well to stop all the graft and corruption in house to help the poor. The world's biggest socialist organization wants more money. Anyone surprised? Anyone?

 

[ScienceRocks]

The world needs a minimum wage of 1.25/hour. Any nation that allows their businesses to pay less then that should be condemned and economic punishment shell fall on them.