Help me understand class warfare.

[Matt1970]

Obama's class warfare means making people envious of someone else's success. Class warfare means demonizing only those "rich people" with whom you philosophically disagree. Class warfare means picking and choosing between the "good rich people" (i.e. Hollywood liberals, George Soros, labor union leaders) and the "bad rich people" (i.e. Mitt Romney, corporate CEO's, and etc.) Class warfare means insinuating that "you're not making it financially only because the "rich" have taken more than their "fair share". Class warfare means the government is the only power on Earth that can "make it all fair and balanced". Class warfare means ignoring the sacrifices and hard work many people endured to finally achieve the American dream. Class warfare means your financial status defines who you are (with the above mentioned exceptions).
If anyone here believes the very rich are intimidated by all this "get the rich" talk, you are sadly mistaken. The rich can shelter their wealth with tax loopholes (and expensive lawyers to find them), passing on any raises in the cost of doing business to you, the consumer, continuing to lobby congress to preserve their special interests, sending wealth and jobs overseas and I'm sure many other ways to maintain their wealth. Obama's "tax the rich" policy will generate about 50 billion a year, 3% of the total deficit. And if you think that money will be spent for social programs or to help anyone, or to lower the deficit, well dream on. Taxing the rich is no more than a cynical ploy to maintain a populist stance and appeal to the uninformed. "And so it goes".

This pretty much covers it. Class warfare is about wanting what another class has and actually doing what they can to take it.

 

[bozack]

Complete nonsense. The country as a whole is wealthier than ever. There's plenty of money to fund government spending.

But because the wealth is more concentrated towards the top the only way to get the revenue is where the wealth is. At the top.

What needs to change is the ridiculous notion that we can't tax the wealthy.

Complete nonsense, as was mentioned before the wealthy will find ways so that they don't pay more, and instead small business owners and those who are just on the fringe will get hit the hardest eg those making 250K/year and most likely in exceptionally high cost of living areas like NY, CA, MA, etc....

I was just speaking to someone a few weeks ago who manages money for some exceptionally wealthy people in the area and they have started the process a while ago to protect their wealth from any change that occurs here in the tax system so as was said before, the really wealthy, the ones the left is working hard to demonize, just don't care about all of this as they are going to be just fine.

 

[LegendKiller]

This pretty much covers it. Class warfare is about wanting what another class has and actually doing what they can to take it.

Yes, effectively the wealthy wanted the money from the middle/lower class jobs and outsourced them. So you are perfectly correct.

Thanks for clearing that up.

 

[Matt1970]

Yes, effectively the wealthy wanted the money from the middle/lower class jobs and outsourced them. So you are perfectly correct.

Thanks for clearing that up.

No, Americans buy too much imported crap so the only way to make money is to follow it's trail.

 

[LegendKiller]

No, Americans buy too much imported crap so the only way to make money is to follow it's trail.

Wrong. The "imported crap" is shoveled upon us by people who think that higher profits will lead to higher stock prices and more CEO pay. Higher stock prices are cock roach motels for hedge funds (notice Apple is the most widely held hedge fund stock). The investor class makes more money from this process while the lower classes, with lower paying (if any) jobs have to save what they can by buying cheaper goods. Little do they know their jobs are being destroyed.

As the wealthy grab a disproportionately large slice of the pie the lower classes only have one choice, buy cheaper goods. It doesn't matter to the wealthy at all. They don't give a shit about gas prices, nor whether a loaf of bread costs more. The portion of income they spend on in-disposable items is minuscule compared to the lower classes. This, in turn, causes more problems as the less wealthy spend more and can't accumulate wealth while the wealthy accumulate even more.

As I ask every wealthy person I come into contact with that thinks this situation is A-OK, what is the end game? Do you think the less wealthy will be content with shittier and shittier jobs while the wealthy sit in their McMansions and drive foreign vehicles and buy more laws?

Where do you think this actually goes? It only goes to one place, revolution. Anybody with an objectively minded brain can see we cannot allow the utter redistribution of wealth up to the investor class forever. Eventually the lower classes will rebel.

You can either moderate your intake or lose it all eventually. Pick your poison.