The numbers don't lie

[Phokus]

I'm not saying they got anything wrong per se. I'm saying that they have a glaringly obvious agenda that severely diminishes their credibilty. Surely you can see this.

My take on this article is that they're advocating that wealth inequities are solely related to tax rates and the rich should be taxed more to compensate....simple as that. It makes no attempt to analyze other potential causes of income inequities and other possible solutions. This kind of shit is the epitome of intellectual dishonesty.

Come on...I know you're an incredibly smart guy....please do yourself a favor and stop drinking the koolaid.

I don't see where they explicitly say tax rates are the only problem (it certainly is PART of the problem, but i would probably rank the mobility of capital/global labor arbitrage/technological changes as a bigger part of it). They're just basically reposting data from other sources (and sourcing them).

Edit: They don't even really have all that much commentary.

 

[JS80]

http://motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph

Great visual reference point for the growing income inequality in America. Scary really. :thumbsdown:

Here's your income inequality vs standard of living. She gets free housing, food, and heating, and has a nice TV with cable while doing no work.

Numbers can lie. Reality doesn't.

 

[comptr6]

Nice source, real trust worthy. Even if we assume this data is true what difference does it make. So the rich are better than the poor, what do you want to do redistrubite everything they own and throw them in jail? Here's an idea...maybe the poor should stop waiting for handouts and go find a job instead!

 

[Phokus]

Nice source, real trust worthy. Even if we assume this data is true what difference does it make. So the rich are better than the poor, what do you want to do redistrubite everything they own and throw them in jail? Here's an idea...maybe the poor should stop waiting for handouts and go find a job instead!

What about the middle class, who's getting fucked in the ass? Their wealth is being redistributed up to the rich as well with layoffs/outsourcing.

 

[JS80]

What about the middle class, who's getting fucked in the ass? Their wealth is being redistributed up to the rich as well with layoffs/outsourcing.

lol manufacturing monkeys are not middle class. They should have the same quality of living as the Chinese line workers. Instead they get paid not to work under the Obama payroll. What a grand fucking life.

 

[soundforbjt]

Nice source, real trust worthy. Even if we assume this data is true what difference does it make. So the rich are better than the poor, what do you want to do redistrubite everything they own and throw them in jail? Here's an idea...maybe the poor should stop waiting for handouts and go find a job instead!

What job would that be? Guess you haven't read about the unemplyment problem we are having?

 

[bamacre]

Reality doesn't lie either. Worthless piece of shits stay worthless, producers make money.

That would be true if we had a free market system. We don't, and while the wealthy can protect themselves from the inflationary monetary policies, the poor can't. When the booms are built, the wealthy do well, when the burst comes, it's the poor and the middle class who suffer the most. Repeat and repeat, and our middle class is gone.

Edit: Look, you provided a good example...

lol manufacturing monkeys are not middle class. They should have the same quality of living as the Chinese line workers. Instead they get paid not to work under the Obama payroll. What a grand fucking life.

The Chinese have been victims of massive inflation.

 

[JS80]

That would be true if we had a free market system. We don't, and while the wealthy can protect themselves from the inflationary monetary policies, the poor can't. When the booms are built, the wealthy do well, when the burst comes, it's the poor and the middle class who suffer the most. Repeat and repeat, and our middle class is gone.

Edit: Look, you provided a good example...



The Chinese have been victims of massive inflation.

I agree with you to the point that, as someone who came from nothing and am achieving upward movement, I see how difficult it is to move past the TRUE wealthy's protectionism. However, through free flow of information and free education I can teach myself how to protect the small nest egg I've collected and hedge myself against anti-middle class monetary policies. But it does suck that I effectively have to speculate in order to hedge.

And as someone in the middle class, I get assaulted from both sides - the populace wants to label me as "wealthy" merely because I have a good paying job, and the wealthy make it extremely hard to "let me in." So it's really choosing lesser of two evils.

But to your point about the middle class being gone - that's why I'm trying so damn hard to working my way up to wealthy.

 

[IGBT]

pick another country.

 

[Phokus]

lol manufacturing monkeys are not middle class. They should have the same quality of living as the Chinese line workers. Instead they get paid not to work under the Obama payroll. What a grand fucking life.

No, idiot, what about your white collar worker, the ones who do the accounting, engineering, coding, etc. They are getting fucked as well.

 

[Phokus]

That would be true if we had a free market system. We don't, and while the wealthy can protect themselves from the inflationary monetary policies, the poor can't. When the booms are built, the wealthy do well, when the burst comes, it's the poor and the middle class who suffer the most. Repeat and repeat, and our middle class is gone.

Edit: Look, you provided a good example...



The Chinese have been victims of massive inflation.

You think inflation is the main source of pain for the middle class? Give me a fucking break. I don't fret about the price of meat at the grocery store.

 

[comptr6]

What about the middle class, who's getting fucked in the ass? Their wealth is being redistributed up to the rich as well with layoffs/outsourcing.

If that were true they wouldn't be middle class they'd be poor, idiot.

 

[comptr6]

What job would that be? Guess you haven't read about the unemplyment problem we are having?

Life is tough. I guess instead of doing drugs and being lazy they should have gone to school and been successful.

 

[Phokus]

If that were true they wouldn't be middle class they'd be poor, idiot.

You don't automatically become poor once you lose a middle class job, idiot. Some of us actually have saved up wealth.

Again, WWYBYWB?

Edit: Not to mention some of us are married. If I or my wife were ever laid off, the OTHER has a middle class job still. We're currently middle class as it is.

 

[JS80]

No, idiot, what about your white collar worker, the ones who do the accounting, engineering, coding, etc. They are getting fucked as well.

So to you, a software engineer making $110k plus 401k match, HMO, bonus, stock options etc. is "getting fucked"?

 

[Phokus]

So to you, a software engineer making $110k plus 401k match, HMO, bonus, stock options etc. is "getting fucked"?

When his job gets shipped off to India? Yes. And when enough of them lose their jobs and they all start competing for the few software engineering jobs left and shift the supply curve and lower wages? Yes. And when wall street figures out that they don't need Americans of a wide range of socio-economic classes to earn record profits like they do now? Yes. Are you daft? (Rhetorical).

 

[IceBergSLiM]

ITT: nobody near the top 1% lol

 

[JS80]

When his job gets shipped off to India? Yes. And when enough of them lose their jobs and they all start competing for the few software engineering jobs left and shift the supply curve and lower wages? Yes. And when wall street figures out that they don't need Americans of a wide range of socio-economic classes to earn record profits like they do now? Yes. Are you daft? (Rhetorical).

I use Indian engineers for bullshit work. I would never use them for real development work. The quality is truly what you pay for.

LOL at you and your few "jobs left." Look at hiring at Google/FB/Apple. The hiring of H1B's are a result of lack of enough talented software engineers in the US because the demand for them is so high. We at tech uppermanagement are not offshoring jobs.

 

[Craig234]

Life is tough. I guess instead of doing drugs and being lazy they should have gone to school and been successful.

You're an utterly indoctrinated ideologue who telling the truth to is like singing lessons for a pig. Ignorant idiot, the sort the rich *love* to have voting.

All those old sayings about 'America can only be defeated from within?'

You are the poster child for that within who can destroy America.

 

[BoberFett]

Liberals are so greedy. All they seem to think about is money.

 

[Phokus]

I use Indian engineers for bullshit work. I would never use them for real development work. The quality is truly what you pay for.

LOL at you and your few "jobs left." Look at hiring at Google/FB/Apple. The hiring of H1B's are a result of lack of enough talented software engineers in the US because the demand for them is so high. We at tech uppermanagement are not offshoring jobs.

Yes, not every company is Google/Facebook/Apple. We've laid off Electrical Engineers, Software Engineers, Marketing, IT and Finance/Accounting people over here (from what i've personally seen, i'm sure other groups were affected). They've offshored some of the IT and Accounting work over to India. The hiring of H1B's is because they're cheaper than your average American programmer and because the employer has a yoke around their necks, companies LIE about the shortage of programmers. It actually kind of amazes me that you think every single indian programmer is only suitable for 'bullshit' work and even IF true, that you think it'll stay that way.

Edit: Here's a law firm showing how to fake advertising for jobs for Americans so they can claim they can't find anyone qualified and hire an H1B instead:

http://www.youtube.com/watch?v=TCbFEgFajGU

Many programming job posts are bullshit.

 

[bamacre]

I don't fret about the price of meat at the grocery store.

(sorry, inside joke, I couldn't resist)

 

[yllus]

Exactly. The poor will simply vote all of the money away from the rich.

By the poor, do you mean anyone who is not in the top 1%? Because as the piece stated, the 70% of the Senate would be made up of those representing the $30k - $80k range. Putting aside what they hypothetically would do with those votes (and that the current setup arguably skews votes in the opposite direction), why shouldn't 70% of the people get 70% of the say in what the country's economic goals are?

 

[JS80]

Yes, not every company is Google/Facebook/Apple. We've laid off Electrical Engineers, Software Engineers, Marketing, IT and Finance/Accounting people over here (from what i've personally seen, i'm sure other groups were affected). They've offshored some of the IT and Accounting work over to India. The hiring of H1B's is because they're cheaper than your average American programmer and because the employer has a yoke around their necks, companies LIE about the shortage of programmers. It actually kind of amazes me that you think every single indian programmer is only suitable for 'bullshit' work and even IF true, that you think it'll stay that way.

H1Bs are not cheaper. After legal fees and total sponsorship costs they cost more. I've had at least 10 requisitions out for engineers in the last 2 months and we hired 2.

You're not even in management. How would you know how a company is run?

 

[Phokus]

(sorry, inside joke, I couldn't resist)

Let me put it this way, Bamacre, if God offered me a deal that the price of everything will go up by 50% tomorrow but at the same time that we not only stop but reverse the trend of outsourcing, I would take that in a heartbeat. Uncertainty about job security is WAY more on my mind more than mild inflation.