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

[Dad2three]

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

Red States Mostly Welfare States Dependent On Blue States But Likely Too Uninformed to Know


Red States Mostly Welfare States Dependent On Blue States But Likely Too Uninformed to Know


Among the 254 counties where food stamp recipients doubled between 2007 and 2011, Republican Mitt Romney won 213 of them in last year’s presidential election, according to U.S. Department of Agriculture data compiled by Bloomberg. Kentucky’s Owsley County, which backed Romney with 81 percent of its vote, has the largest proportion of food stamp recipients among those that he carried.


Food Stamp Cut Backed by Republicans With Voters on Rolls - Bloomberg



Blue States are from Scandinavia, Red States are from Guatemala A theory of a divided nation


In the red states, government is cheaper, which means the people who live there pay lower taxes. But they also get a lot less in return. The unemployment checks run out more quickly and the schools generally aren’t as good. Assistance with health care, child care, and housing is skimpier, if it exists at all. The result of this divergence is that one half of the country looks more and more like Scandinavia, while the other increasingly resembles a social Darwinist’s paradise.


Blue States are from Scandinavia, Red States are from Guatemala | New Republic

 

[ScienceRocks]

The way I look at it, you should see who is #1 and emulate them

The riches nations on earth are mostly within western Europe There isn't a nation on earth that doesn't invest in its own self.

 

[Dad2three]

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.

TOP 10%, LOL

 

[whitehall]

Here we go again, Norway is the favorite UN destination. I expect that Norway has pretty tight immigration restrictions. Would they let a surge of Hispanic children flood their borders? Would they support an estimated ten million illegal aliens? Do they accomplish anything besides hosting an occasional winter olympics and award the Nobel Prize to political flunkies?

 

[Dad2three]

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?

Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory


The conclusion?

Lowering the tax rates on the wealthy and top earners in America do not appear to have any impact on the nation’s economic growth.

This paragraph from the report says it all—

“The reduction in the top tax rates appears to be uncorrelated with saving, investment and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.”

These three sentences do nothing less than blow apart the central tenet of modern conservative economic theory, confirming that lowering tax rates on the wealthy does nothing to grow the economy while doing a great deal to concentrate more wealth in the pockets of those at the very top of the income chain.


Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory-GOP Suppresses Study - Forbes

A huge share of the nation's economic growth over the past 30 years has gone to the top one-hundredth of one percent, who now make an average of $27 million per household. The average income for the bottom 90 percent of us? $31,244.

It's the Inequality, Stupid | Mother Jones

 

[Rikurzhen]

Here we go again, Norway is the favorite UN destination. I expect that Norway has pretty tight immigration restrictions. Would they let a surge of Hispanic children flood their borders? Would they support an estimated ten million illegal aliens? Do they accomplish anything besides hosting an occasional winter olympics and award the Nobel Prize to political flunkies?

American liberals love to point to the Nordic model as something for the US to emulate. OK, I"m game. I'll go along with the liberals instituting the Nordic model here in the US once they figure out how to ethnically cleanse the US so that it's population also emulates the Nordic countries.

What liberals don't understand is that it is the people who make a nation, not the policies. Bush and the Neocons made the same mistake with Iraq thinking that they could graft Western Civilization onto a tribal people.

 

[CrusaderFrank]

The way I look at it, you should see who is #1 and emulate them

The riches nations on earth are mostly within western Europe There isn't a nation on earth that doesn't invest in its own self.

Huh?

The USA Has the world's Number 1 economy.

We have states with larger economies than European nations

 

[ScienceRocks]

The way I look at it, you should see who is #1 and emulate them

The riches nations on earth are mostly within western Europe There isn't a nation on earth that doesn't invest in its own self.

Huh?

The USA Has the world's Number 1 economy.

We have states with larger economies than European nations

They have higher per capita. You realize we have this because of our minimum wage, investment into science and infrastructure. Right?.

We don't allow our businesses to pay slave wages. Could we do better. I think so.

 

[skye]

wow...3,5 billion?

wow

I wonder how does it feel

mmmmmmm

 

[CrusaderFrank]

Here we go again, Norway is the favorite UN destination. I expect that Norway has pretty tight immigration restrictions. Would they let a surge of Hispanic children flood their borders? Would they support an estimated ten million illegal aliens? Do they accomplish anything besides hosting an occasional winter olympics and award the Nobel Prize to political flunkies?

Progs are really dumb enough to believe that a 99% white nation the size of a small US state with a population of the Bronx and Queens is a valid comparison against the USA

Morons.

 

[CrusaderFrank]

The riches nations on earth are mostly within western Europe There isn't a nation on earth that doesn't invest in its own self.

Huh?

The USA Has the world's Number 1 economy.

We have states with larger economies than European nations

They have higher per capita. You realize we have this because of our minimum wage, investment into science and infrastructure. Right?.

We don't allow our businesses to pay slave wages. Could we do better. I think so.

I realize you have no idea what you're talking about

 

[Political Junky]

The way I look at it, you should see who is #1 and emulate them

The riches nations on earth are mostly within western Europe There isn't a nation on earth that doesn't invest in its own self.

Huh?

The USA Has the world's Number 1 economy.

We have states with larger economies than European nations

Yes, like California, which is hated by the Right.

 

[Rikurzhen]

wow...3,5 billion?

wow

I wonder how does it feel

mmmmmmm

There sure are a lot of economically unproductive people in the world, huh?

 

[Dad2three]

Here we go again, Norway is the favorite UN destination. I expect that Norway has pretty tight immigration restrictions. Would they let a surge of Hispanic children flood their borders? Would they support an estimated ten million illegal aliens? Do they accomplish anything besides hosting an occasional winter olympics and award the Nobel Prize to political flunkies?

American liberals love to point to the Nordic model as something for the US to emulate. OK, I"m game. I'll go along with the liberals instituting the Nordic model here in the US once they figure out how to ethnically cleanse the US so that it's population also emulates the Nordic countries.

What liberals don't understand is that it is the people who make a nation, not the policies. Bush and the Neocons made the same mistake with Iraq thinking that they could graft Western Civilization onto a tribal people.

False premises, distortions and LIES the ONLY thing right wingers EVER have


The US corporate business model has changed: It used to be based on sharing profits with workers to incentivize them and generate loyalty. Now, the model has shifted to rewarding not workers, but shareholders and upper management.. So, as corporate profits soar, the rich get richer and workers are told they are lucky to even have a job so stop whining about income disparity.

 

[Dad2three]

wow...3,5 billion?

wow

I wonder how does it feel

mmmmmmm

Ten Hedge Fund Managers Made More Combined Than 250,000 Teachers

We also are told that these guys (and yes, they are all guys) make big bucks because they’re terrific gamblers, the very best poker players in the financial world. But that’s a misleading analogy. Evidence suggest that many are more like card sharks. They don’t really want to gamble. Instead they always seeking to bet on a sure thing. Better yet, they would prefer to create a rigged bet. Sounds far fetched? I’d wager that the financial maneuvers I’m about to list understate the severity of hedge fund cheating.

Ten Hedge Fund Managers Made More Combined Than 250,000 Teachers | Too Big Has Failed

 

[ShackledNation]

I think immigration plays a large role in these statistics (and I am for more immigration not against it).

The vast majority of people who come to the United States are either low-skilled and very poor, or high-skilled and rich. Thus, as more people immigrate to the United States, both the top and bottom of the income spectrum will grow, resulting in higher inequality numbers.

Beginning in the 1960s, immigration exploded. In the mid 1960s, about 3% of the population was comprised of immigrants. Today, nearly 13% of the population is comprised of immigrants.
Frequently Requested Statistics on Immigrants and Immigration in the United States | migrationpolicy.org
Statistical Portrait of the Foreign-Born Population in the United States, 2010 | Pew Research Center's Hispanic Trends Project

This undoubtedly has led to a skewing of the income inequality data. If people far poorer and richer than the median immigrate to the United States, the resulting income-inequality is not necessarily bad, but a completely normal consequence of such migration.

 

[ShackledNation]

Additionally, over the past 20 years, global income inequality has actually been falling.

http://www.nytimes.com/2014/07/20/upshot/income-inequality-is-not-rising-globally-its-falling-.html

 

[Rikurzhen]

Ten Hedge Fund Managers Made More Combined Than 250,000 Teachers

It's quite apparent that those 10 men produced more value than the 250,000 teachers. Keep in mind that people voluntarily paid the salaries of those Hedge Fund managers.

So exactly who are you to step in between a hedge fund manager and his clients and dictate to them how much they are allowed to pay the hedge fund manager for managing their money.

You totalitarian liberals really don't know your place, do you?

 

[jasonnfree]

Recognizing that having half the WORLD's wealth concentrated in the hands of 85 people (out of how many billion?) is a ******* problem does not equate to "hating rich people".

There is no problem but only the left with buckets of solutions in search of problems

Hats off to those 85 folks. Of course the human goal is to seek employment with the highest compensation. I never got there but they did. They won, I lost... IOW, life...

-Geaux

So that's how you ignorant Republicans think the worlds ultra wealthy got their money eh?
They went out and got themselves an hourly wage job and made......many, many billions.

Hey go, if you'd get a minimum wage job, that would be a nice increase in wages for you. Put you right up there with the top 85.

Actually, the very wealthy did work harder and smarter than the rest of us. Filling up D.C. with lobbyists to influence politicians. Any forklift operator or plumber could do the same if he had a few billion laying around. The end of another week of republican working stiffs licking, sucking, and drooling over the wealthiest among us.

 

[Dad2three]

Ten Hedge Fund Managers Made More Combined Than 250,000 Teachers

It's quite apparent that those 10 men produced more value than the 250,000 teachers. Keep in mind that people voluntarily paid the salaries of those Hedge Fund managers.

So exactly who are you to step in between a hedge fund manager and his clients and dictate to them how much they are allowed to pay the hedge fund manager for managing their money.

You totalitarian liberals really don't know your place, do you?

Right wing crap. I'm shocked