Billionaire Tells Us We Need To Live More Modestly

[theeedude]

I'm pretty sure he is discussing the globalization of the labor market. This guy makes his money in real estate. The question is will you lower your standard of living so somebody in a foreign country can go from living in complete squalor and jobless to having a job and a place to live and food to eat?

You realize that if middle class and poor Americans lower their standard of living, it's not going to help Chinese, because they will just buy less Chinese made stuff?
Why don't the billionaires taking the profits from outsourcing lower their own standard of living so that people in China improve theirs and working Americans theirs?
Maybe buy one Ferrari instead of ten, before asking the American people barely scraping by to lower their standard of living even more.

 

[Genx87]

You realize that if middle class and poor Americans lower their standard of living, it's not going to help Chinese, because they will just buy less Chinese made stuff?
Why don't the billionaires taking the profits from outsourcing lower their own standard of living so that people in China improve theirs and working Americans theirs?
Maybe buy one Ferrari instead of ten, before asking the American people barely scraping by to lower their standard of living even more.

Why do you believe a Chinese middle class wouldn't buy Chinese made goods? You act as if markets are static and never change.

You aren't making any sense anyways. If a billionaire buys 1/10th as many Ferarris then what happens to the people who work for Ferrari?

 

[ivwshane]

Is this more dribble from billionaires who flew their private jets to a billionaires meeting to talk about climate change? Or are these the CEO's of financials firms that go on tv saying how people like them and their company are needed to avoid a financial catastrophy like the one they helped create in 2007? Perhaps these are the billionaires that have given themselves raises while simultaneously off shoring American jobs? Or perhaps these are the CEO's who think Americans need to spend less and save more by putting our money into their bank so that they can then invest in it using risky assets while lobbying congress to allow their shady behavior and any potential losses to be paid for by these hard working, stagnant wage earning, under represented, idiots we call the average American who keep voting for the 1% sympathizers.

Funny how the plebs agree with people like this guy all the while talking shit to those that are pushing for people to have a better life and more say in the government they support.

 

[Genx87]

Is this more dribble from billionaires who flew their private jets to a billionaires meeting to talk about climate change? Or are these the CEO's of financials firms that go on tv saying how people like them and their company are needed to avoid a financial catastrophy like the one they helped create in 2007? Perhaps these are the billionaires that have given themselves raises while simultaneously off shoring American jobs? Or perhaps these are the CEO's who think Americans need to spend less and save more by putting our money into their bank so that they can then invest in it using risky assets while lobbying congress to allow their shady behavior and any potential losses to be paid for by these hard working, stagnant wage earning, under represented, idiots we call the average American who keep voting for the 1% sympathizers.

Funny how the plebs agree with people like this guy all the while talking shit to those that are pushing for people to have a better life and more say in the government they support.

So I take it you are not willing to lower your standard of living for somebody in a foreign nation then?

 

[glenn1]

Or we can just return taxation and regulation back to pre-Reagan days. I pick that, but you can indulge in your strawman if you want to. It's the "let them eat cake" crowd that took the fruits of other's labor for their own opulence and ignored inequality that got themselves guillotined. Can't say I am sympathetic to their ilk. They had ample warnings.

Or we can just return social spending to pre FDR days. I pick that. Whee, fun.

And as I've urged before, bring on the revolution. I'd love to see the oblivious crowd like you get purged in the first few moments unless the government Kent States you first.

 

[Newell Steamer]

Funny how the plebs agree with people like this guy all the while talking shit to those that are pushing for people to have a better life and more say in the government they support.

No one,.. and I mean NO ONE, tells me what to do with my life,.. unless it's a rich white guy.

 

[theeedude]

Why do you believe a Chinese middle class wouldn't buy Chinese made goods? You act as if markets are static and never change.

You aren't making any sense anyways. If a billionaire buys 1/10th as many Ferarris then what happens to the people who work for Ferrari?

So you support transferring American middle class prosperity to China, Italy, and billionaires. Great. I don't.

 

[dainthomas]

I'm pretty sure he is discussing the globalization of the labor market. This guy makes his money in real estate. The question is will you lower your standard of living so somebody in a foreign country can go from living in complete squalor and jobless to having a job and a place to live and food to eat?

1. There's zero reason to believe the former will cause the latter.
2. I wouldn't anyway. And even if I were inclined to, it wouldn't be because of anything this a-hole says.

 

[theeedude]

Or we can just return social spending to pre FDR days. I pick that. Whee, fun.

And as I've urged before, bring on the revolution. I'd love to see the oblivious crowd like you get purged in the first few moments unless the government Kent States you first.

You mean you want to go back to the start of the great depression?

The people who bring on the revolutions are those who think like you, and people like FDR prevent them.

 

[Bowfinger]

Oh yeah, sure, lets put that off to the side,..

But, do you at least acknowledge he believes the American people need (his word, not mine) to lower their lifestyle expectations?

Yes, I agree that's his point. I just see it as acknowledging reality. The American middle class has been undercut by off-shoring and automation, and there doesn't seem to be anything coming to improve this. Therefore, the lifestyle the middle class is accustomed to is a thing of the past. That's not a good thing, it's a sad reality.

 

[Genx87]

1. There's zero reason to believe the former will cause the latter.
2. I wouldn't anyway. And even if I were inclined to, it wouldn't be because of anything this a-hole says.

1. Im positive if a worker in Guatemala didn't have a job yesterday and has one today their standard of living will increase.
2. I'd imagine most people would feel the same way. What I find interesting is how many on the left scream about wealth inequity seem to share your sentiments. As if income and wealth inequity stop at our borders.

 

[Genx87]

So you support transferring American middle class prosperity to China, Italy, and billionaires. Great. I don't.

So you are fine with wealth and income inequity provided it is outside our borders. Good to know.

 

[Genx87]

80%, yarp.

And that 80% will do what to this statement?


Will that 80% make up for what we aren't getting from the job market? Which sounds contrary to his statement - since he believes we should have less.

And, we should have less, because a country with crushing poverty is willing to do the work for far less? Well, those countries have had their salary expectation raised as well (http://profit.ndtv.com/news/your-mo...-likely-to-rise-by-10-5-in-2015-report-712179),.. so what seems to be next, is telling the American people they need to live with fewer lesser things.

The dirt cheap labor isn't dirt cheap anymore. And, it looks like the wealthy still want to keep shelling out next to nothing,.. but this time, back in the US.

How can I answer what his donation will do in the future? I have no idea where it will be going nor how it will be dispersed. That said why are you upset at somebody discussing reality? Nothing what he said was outrageous. We talk about these topics daily.

 

[theeedude]

1. Im positive if a worker in Guatemala didn't have a job yesterday and has one today their standard of living will increase.
2. I'd imagine most people would feel the same way. What I find interesting is how many on the left scream about wealth inequity seem to share your sentiments. As if income and wealth inequity stop at our borders.

Would you give up your family's well being and health for a worker in Guatemala? Or you just want others to do so?

 

[Sonikku]

Americans need to work harder and take less vacation too. Slacking bastards.

 

[theeedude]

So you are fine with wealth and income inequity provided it is outside our borders. Good to know.

 

[Genx87]

Would you give up your family's well being and health for a worker in Guatemala? Or you just want others to do so?

Probably not. But I also don't preach from the pulpit that we need to tackle wealth and income inequality either.

 

[theeedude]

Probably not. But I also don't preach from the pulpit that we need to tackle wealth and income inequality either.

So then stop pissing on working Americans and telling them it's raining for the benefit of the poor in other countries.

 

[dmcowen674]

Billionaire Tells Us We Need To Live More Modestly

Comment reserved for the Revolution

 

[BoberFett]

Gore can say these types of things and heralded as a genius, a role model, and inspiration for the ages. This guy says it, and he's evil incarnate.

LOL, Democrats.

 

[BoberFett]

Why do you believe a Chinese middle class wouldn't buy Chinese made goods? You act as if markets are static and never change.

You aren't making any sense anyways. If a billionaire buys 1/10th as many Ferarris then what happens to the people who work for Ferrari?

It's amazing how the left wing suddenly abandons their entire set of principles when it actually comes time to apply it.

Republican: Why should I pay more in taxes just so some poor person in Chicago can eat?

Democrat: Why should my lifestyle suffer just so some poor person in China can eat?

LOL, Democrats.

 

[Genx87]

It's amazing how the left wing suddenly abandons their entire set of principles when it actually comes time to apply it.

Republican: Why should I pay more in taxes just so some poor person in Chicago can eat?

Democrat: Why should my lifestyle suffer just so some poor person in China can eat?

LOL, Democrats.

I had fun with my more liberal friends on FB during the Occupy protests. Conversations always seemed to stop when I asked about dispersing our income to the poor in other countries.

 

[Newell Steamer]

Americans need to work harder and take less vacation too. Slacking bastards.

"What is the most admirable creature on God's green Earth? Why, it's the bee! Have you ever seen a bee on vacation? Have you ever seen a bee take a sick day? Well, my friends, the answer is no! So I say, be... the bee! Be the bee!"

 

[theeedude]

Do Republicans have anything to offer to the American people aside from more austerity? Do they completely not see that it's the American middle class' prosperity that dragged countless people out of poverty, both in the US and abroad? Concentrating US wealth in the hands of a handful of people at the expense of the middle class is not going to help anyone, not in the US, not in countries that make products to sell to the American middle class. Eventually, it won't even help those handful of people, as the economic pie shrinks, and even their bigger slice isn't enough to offset it.

 

[Genx87]

Do Republicans have anything to offer to the American people aside from more austerity? Do they completely not see that it's the American middle class' prosperity that dragged countless people out of poverty, both in the US and abroad? Concentrating US wealth in the hands of a handful of people at the expense of the middle class is not going to help anyone, not in the US, not in countries that make products to sell to the American middle class. Eventually, it won't even help those handful of people, as the economic pie shrinks, and even their bigger slice isn't enough to offset it.

What do you mean have to offer? Like we need to save the poor except if they are brown?