Zohran Mamdani is promising free child care for New York City residents.

[georgephillip]

TRANSLATION: "Confiscate the wealth in the name of the people and it magically/semantically goes from 'theft' to 'fair share' "

Only in the mind of MAGA:

The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure

"According to a groundbreaking new working paper by Carter C. Price and Kathryn Edwards of the RAND Corporation, had the more equitable income distributions of the three decades following World War II (1945 through 1974) merely held steady, the aggregate annual income of Americans earning below the 90th percentile would have been $2.5 trillion higher in the year 2018 alone.

"That is an amount equal to nearly 12 percent of GDP—enough to more than double median income—enough to pay every single working American in the bottom nine deciles an additional $1,144 a month.

"Every month.

"Every single year."

Economic parasites have bribed corrupt politicians for tax and trade policies that have redistributed $50 trillion from 90% of working Americans over the past 45 years.

Why would any rational person believe thieves are entitled to keep what they have stolen?

 

[georgephillip]

nd of course the way to stop "this kind of theft" is to institute your own type.

"In jurisprudence, reparation is replenishment of a previously inflicted loss by the criminal to the victim. Monetary restitution is a common form of reparation."

Reparation (legal) - Wikipedia

 

[Frankeneinstein]

"In jurisprudence, reparation is replenishment of a previously inflicted loss by the criminal to the victim. Monetary restitution is a common form of reparation."

Describes "tax cuts" quite nicely

 

[Frankeneinstein]

Only in the mind of MAGA:

Which means you also consider it theft...btw, I vote democrat across the board

The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure

so! taxes do that to everyone...where did "the bottomn 90% get 50 trillion dollars? over how much time? and do you consider that their fair share? you are always careful to leave out the data/information that expose your tired old claims.

"According to a groundbreaking new working paper by Carter C. Price and Kathryn Edwards of the RAND Corporation, had the more equitable income distributions of the three decades following World War II (1945 through 1974) merely held steady, the aggregate annual income of Americans earning below the 90th percentile would have been $2.5 trillion higher in the year 2018 alone.

The only thing new about any of this is the way it is worded, it is the same old "confiscation of wealth" mentality of marxists that has nothing new to add since it has only one goal and focuses like a laser on that goal, and if this is new and groundbreaking stuff what was the prior claim of trying to get at the money of others? ["keeping in mind your claim is that this is new and groundbreaking" stuff]

"That is an amount equal to nearly 12 percent of GDP—enough to more than double median income—enough to pay every single working American in the bottom nine deciles an additional $1,144 a month.

"Every month.

None of which would be even remotely possible under marxist policy as history shows all the countries that went that route are either extinct or like the patch of dirt called cuba, a once thriving island paradise until the communists rescued it.

 

[Frankeneinstein]

"According to a groundbreaking new working paper by Carter C. Price and Kathryn Edwards of the RAND Corporation, had the more equitable income distributions of the three decades following World War II (1945 through 1974) merely held steady, the aggregate annual income of Americans earning below the 90th percentile would have been $2.5 trillion higher in the year 2018 alone.

Did this "new ground breaking" report mention how countries that went this route after WWII fared? or did it just dismiss that inconvenient and pesky annoying little fact?

 

[georgephillip]

Did this "new ground breaking" report mention how countries that went this route after WWII fared? or did it just dismiss that inconvenient and pesky annoying little fact?

Which countries are you referring to?

This report claims $50 trillion a year from 1975 through 2020 that would have gone into the pockets of working Americans had inequality held constant at 1974 levels went to the richest one percent of Americans; how would foreign economies affect this claim?

The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure

"As Price and Edwards explain, from 1947 through 1974, real incomes grew close to the rate of per capita economic growth across all income levels.

"That means that for three decades, those at the bottom and middle of the distribution saw their incomes grow at about the same rate as those at the top.

"This was the era in which America built the world’s largest and most prosperous middle class, an era in which inequality between income groups steadily shrank (even as shocking inequalities between the sexes and races largely remained).

"But around 1975, this extraordinary era of broadly shared prosperity came to an end."

 

[georgephillip]

Which means you also consider it theft...btw, I vote democrat across the board

Sorry for the mistake.

 

[Frankeneinstein]

Which countries are you referring to?
This report claims $50 trillion a year from 1975 through 2020 that would have gone into the pockets of working Americans had inequality held constant at 1974 levels went to the richest one percent of Americans; how would foreign economies affect this claim?

The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure

"As Price and Edwards explain, from 1947 through 1974, real incomes grew close to the rate of per capita economic growth across all income levels.

"That means that for three decades, those at the bottom and middle of the distribution saw their incomes grow at about the same rate as those at the top.

"This was the era in which America built the world’s largest and most prosperous middle class, an era in which inequality between income groups steadily shrank (even as shocking inequalities between the sexes and races largely remained).

"But around 1975, this extraordinary era of broadly shared prosperity came to an end."

OOOOHHHH You broken record you

 

[Frankeneinstein]

Sorry for the mistake.

crib sheet?

 

[OhPleaseJustQuit]

All they have to do is bring them down to the government store, eh?

.

I'll bet he has plenty of things to do with those children.

.

 

[georgephillip]

so! taxes do that to everyone...where did "the bottomn 90% get 50 trillion dollars? over how much time? and do you consider that their fair share? you are always careful to leave out the data/information that expose your tired old claims.

That's $50 trillion that would have gone to the bottom 90% of working Americans over the past half-century had levels of inequality been held to 1974 levels:

The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure

"At every income level up to the 90th percentile, wage earners are now being paid a fraction of what they would have had inequality held constant.

"For example, at the median individual income of $36,000, workers are being shortchanged by $21,000 a year—$28,000 when using the CPI—an amount equivalent to an additional $10.10 to $13.50 an hour."

 

[justoffal]

In todays america most women do have to work just to help a household just barely scrape by.

Yep

 

[Concerned American]

Yep

I have to disagree. My daughter and her husband are conducting their household exactly the same way her mother and I did and they are in a much better position financially than we were. Their employment is very nearly the same. Solidly middle class.

 

[Frankeneinstein]

That's $50 trillion that would have gone to the bottom 90% of working Americans over the past half-century had levels of inequality been held to 1974 levels:

The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure

"At every income level up to the 90th percentile, wage earners are now being paid a fraction of what they would have had inequality held constant.

"For example, at the median individual income of $36,000, workers are being shortchanged by $21,000 a year—$28,000 when using the CPI—an amount equivalent to an additional $10.10 to $13.50 an hour."

TRANSLATION: "ya don't hear the soviets complaining do ya"?

 

[georgephillip]

he only thing new about any of this is the way it is worded, it is the same old "confiscation of wealth" mentality of marxists that has nothing new to add since it has only one goal and focuses like a laser on that goal, and if this is new and groundbreaking stuff what was the prior claim of trying to get at the money of others? ["keeping in mind your claim is that this is new and groundbreaking" stuff]

Are you accusing the RAND Corporation of espousing Marxism?

https://www.rand.org/pubs/working_papers/WRA516-1.html

"The three decades following the Second World War saw a period of economic growth that was shared across the income distribution, but inequality in taxable income has increased substantially over the last four decades.

"This work seeks to quantify the scale of income gap created by rising inequality compared to a counterfactual in which growth was shared more broadly.

"We introduce a time-period agnostic and income-level agnostic measure of inequality that relates income growth to economic growth."

Do you believe it's possible for democracy to coexist with oligarchy?

 

[georgephillip]

TRANSLATION: "ya don't hear the soviets complaining do ya"?

Because they had seen worse:

• "How did wartime America generate sympathy for the Soviets?
• By transplanting Operation Barbarossa to America’s shores
• This is what the Nazi invasion of the USSR would have looked like, had it – somehow – happened to the US."

This WWII map taught Americans to sympathize with the Soviets

 

[Frankeneinstein]

Because they had seen worse:

until they met their demise by the politics that eventually destroys all it touches...proving yet again with another example of how the eft destroys its own.

• "How did wartime America generate sympathy for the Soviets?

through european begging

• By transplanting Operation Barbarossa to America’s shores
• This is what the Nazi invasion of the USSR would have looked like, had it – somehow – happened to the US."

This WWII map taught Americans to sympathize with the Soviets

and succeeding events have taught those paying attention how misplaced that sympathy was and how self defeating it is.

 

[georgephillip]

until they met their demise by the politics that eventually destroys all it touches...proving yet again with another example of how the eft destroys its own.

If you're referring to the USSR, you are leaving out some very important facts:

GoogleAI Overview

"Key ways the CIA applied pressure include:

• "Economic Warfare and Sabotage: The Reagan administration, under CIA Director William Casey, implemented a strategy of economic pressure and sabotage. A notable instance involved the CIA providing the Soviets with flawed software for the Trans-Siberian gas pipeline, which was programmed to fail after a period of time and resulted in a massive explosion in 1982, damaging the Soviet economy."

 

[georgephillip]

and succeeding events have taught those paying attention how misplaced that sympathy was and how self defeating it is.

Are you saying a Nazi victory in Europe would have been preferable to the Soviet destruction of the Third Reich?

How the USSR defeated Germany in WWII: The Red Army tore 'the guts out of the filthy Nazis' - Geopolitical Economy Report

"In fact, while the USSR played by far the biggest role in destroying Nazism, the Third Reich received support from major US corporations, such as Chase Bank, Standard Oil, IBM, Ford, GM, Coca-Cola, and Kodak, which helped Adolf Hitler carry out the Holocaust (along with companies for which US Senator Prescott Bush, father of former President George H W Bush, was a director and key shareholder)."

 

[Frankeneinstein]

Are you saying a Nazi victory in Europe would have been preferable to the Soviet destruction of the Third Reich?

What I see is how you would like to take this in another direction in the hopes no one recognizes the SNAFU you are in...what I said spells out exactly what I meant, as for the non-sequitur claim above [what is that 12 now?] you are asking me to choose between two evils, one that kills foreigners and one that kills its own as the soviets were also killing their own soldiers fleeing the front lines....
...but neither here nor there, it is a flawed system that leaves only those who are/were trapped in it behind

How the USSR defeated Germany in WWII: The Red Army tore 'the guts out of the filthy Nazis' - Geopolitical Economy Report

and capitalism buried the USSR taking care of both vile diseases to the planet

"In fact, while the USSR played by far the biggest role in destroying Nazism, the Third Reich received support from major US corporations, such as Chase Bank, Standard Oil, IBM, Ford, GM, Coca-Cola, and Kodak, which helped Adolf Hitler carry out the Holocaust (along with companies for which US Senator Prescott Bush, father of former President George H W Bush, was a director and key shareholder)."

look at that, if it were true it would mean that communism destroyed both Nazi-Germany and the soviet union.