Why do we continue to allow so few to hoard to much wealth?

[Keeper]

When you make more money off someone else hard labor then they do, you are guilty of exploitation. The rich make nearly all of their money through exploitation.

Logic fail. Really, do you have a grasp?

99.9% of employee's make LESS than their employer.
SO using your logic.....
Betty, who works in Joe's Burger joint makes less than Joe, and is happy......
Is exploited?

Cripes... I cant even believe I am responding to your idiocy.... I gotta find Internet Porn...

 

[irishScott]

Well at least we can take comfort from the fact that he's demanding massive handouts on a tech sub-forum. Means he's just looking for an jerk-off outlet and lacks the capability to make anything happen.

It is usually the least capable who demand the most.

 

[QuantumPion]

Logic fail. Really, do you have a grasp?

99.9% of employee's make LESS than their employer.
SO using your logic.....
Betty, who works in Joe's Burger joint makes less than Joe, and is happy......
Is exploited?

Cripes... I cant even believe I am responding to your idiocy.... I gotta find Internet Porn...

DCal seems to think that all trade is exploitation. For example: Bob wants to trade 3 bushels of wheat with Jim who has 2 casks of beer. Jim values Bob's 3 bushels of wheat greater than this 2 casks of beer, hence the reason for trading. But because Jim values Bob's goods greater than his own, if Bob were to trade, Jim is exploiting Bob. Even though Bob is trading voluntarily and Bob values Jim's beer over his own wheat.

 

[irishScott]

DCal seems to think that all trade is exploitation. For example: Bob wants to trade 3 bushels of wheat with Jim who has 2 casks of beer. Jim values Bob's 3 bushels of wheat greater than this 2 casks of beer, hence the reason for trading. But because Jim values Bob's goods greater than his own, if Bob were to trade, Jim is exploiting Bob. Even though Bob is trading voluntarily and Bob values Jim's beer over his own wheat.

Well technically it is exploitation. Both sides are exploiting each other for their own gain. But "exploitation" is just too ugly for DCal to admit the benefits of the arrangement.

 

[QuantumPion]

Well technically it is exploitation. Both sides are exploiting each other for their own gain. But "exploitation" is just too ugly for DCal to admit the benefits of the arrangement.

You are using a different definition of the word though. You mean, e.g., "to take advantage of a business opportunity" but DCal means "to take advantage of a person", i.e. in an unethical sense, like slavery. It's a fine point but an important distinction to make.

 

[Jhhnn]

They have cut my taxes. I will let ya digest that before I tell you more.

What you lack is perspective. That sounds peachy, but there's more to consider, like the fact that wages are at an all time low as a % of GDP-

You seem to think that paying lower taxes on less purchasing power is coming out ahead, when that's not true at all.

Next up, the usual raving about federal deficits & half the tax filers not paying federal income tax. I'm pretty sure they already pay plenty in other taxes, and that they'd be happy to pay more in taxes if they made more money, if they had a larger share of national income as in the past.

If income distribution had remained unchanged over the last 30 years, median incomes would be 40% larger, and top 1% incomes would be ~half of what they are today. Median families would obviously be able to pay the same tax rates they did back then, because they'd be coming out way ahead. The Rich would obviously be fabulously rich all the same, too.

 

[Matt1970]

What you lack is perspective. That sounds peachy, but there's more to consider, like the fact that wages are at an all time low as a % of GDP-

You seem to think that paying lower taxes on less purchasing power is coming out ahead, when that's not true at all.

Next up, the usual raving about federal deficits & half the tax filers not paying federal income tax. I'm pretty sure they already pay plenty in other taxes, and that they'd be happy to pay more in taxes if they made more money, if they had a larger share of national income as in the past.

If income distribution had remained unchanged over the last 30 years, median incomes would be 40% larger, and top 1% incomes would be ~half of what they are today. Median families would obviously be able to pay the same tax rates they did back then, because they'd be coming out way ahead. The Rich would obviously be fabulously rich all the same, too.

You lack integrity. Don't put up data I initially showed to you when you were on one of your typical Reaganomics rants.

 

[Jhhnn]

You lack integrity. Don't put up data I initially showed to you when you were on one of your typical Reaganomics rants.

Uhhhh-Waaaaahhhh!

Reaganomics is alive & kicking, strangling the middle class of earnings, substituting credit, just as it always has. It just intensified as Bushonomics, and we live the results of that delusion today.

Supply side economics! A rising tide lifts all boats! Free trade! Free markets! Deregulated international banking! EZ credit! Innovative financial products! Tax cuts! Ownership Society! Job Creators!

It was all a lie, still is. Other than the lucky, the people who came out ahead were already rich to begin with. The rest of us? Cornholio!

Try to remember that the only way we'll compete with Chinese labor is to live Chinese lifestyles, or to heavily tax offshoring capitalists to make up some of the difference. It's not like they'll miss it, other than crying crocodile tears on their balance sheets.

 

[EXman]

here is an idea, why not get the 50% of the Americans who don't pay any income tax to start paying their fair share??

Not while they the dems keep furnishing them checks. Who wouldn't vote themselves money. Right Ben Franklin?

 

[Matt1970]

Uhhhh-Waaaaahhhh!

Reaganomics is alive & kicking, strangling the middle class of earnings, substituting credit, just as it always has. It just intensified as Bushonomics, and we live the results of that delusion today.

Supply side economics! A rising tide lifts all boats! Free trade! Free markets! Deregulated international banking! EZ credit! Innovative financial products! Tax cuts! Ownership Society! Job Creators!

It was all a lie, still is. Other than the lucky, the people who came out ahead were already rich to begin with. The rest of us? Cornholio!

Try to remember that the only way we'll compete with Chinese labor is to live Chinese lifestyles, or to heavily tax offshoring capitalists to make up some of the difference. It's not like they'll miss it, other than crying crocodile tears on their balance sheets.

Read your own graph. That shit started in 1970 the EXACT time the US started running trade deficits.. Reaganomics started in 1981. You are really showing off the hack.

 

[Jhhnn]

Read your own graph. That shit started in 1970 the EXACT time the US started running trade deficits.. Reaganomics started in 1981. You are really showing off the hack.

The economic slump after Vietnam was, well, because of Vietnam.

This whole "started before Reagan" shtick is extremely tedious. What started as a small imbalance turned into a monster as Repubs cheered it on.

 

[nehalem256]

The economic slump after Vietnam was, well, because of Vietnam.

This whole "started before Reagan" shtick is extremely tedious. What started as a small imbalance turned into a monster as Repubs cheered it on.

I think this is appropriate once again

So which side uses faith based reasoning again?

 

[blackangst1]

The economic slump after Vietnam was, well, because of Vietnam.

This whole "started before Reagan" shtick is extremely tedious. What started as a small imbalance turned into a monster as Repubs cheered it on.

Well, thats one way to read your graph lulz

 

[Matt1970]

The economic slump after Vietnam was, well, because of Vietnam.

This whole "started before Reagan" shtick is extremely tedious. What started as a small imbalance turned into a monster as Repubs cheered it on.

We better go back to Vietnam then because wages have been falling since 1970. I do not see any significant change in the decline during the 80's so keep blaming it on Reaganomics when you even post evidence to the contrary. Your “republicans cheered it on” is theoretical non-sense.

 

[Phokus]

Well at least we can take comfort from the fact that he's demanding massive handouts on a tech sub-forum. Means he's just looking for an jerk-off outlet and lacks the capability to make anything happen.

It is usually the least capable who demand the most.

Warren Buffet: The least capable.

 

[Atreus21]

Warren Buffet: The least capable.

You know, I actually took the time to read your "Why Racists vote republican" link in your sig.

It linked to a 2004 study of 1500 NYC businesses which found that ex-con whites were hired more often than ex-con blacks with similar credentials. Apart from the fact that the study makes no mention of correlation between discrimination in hiring and party affiliation, you might want to take note that as of 2008, NYC registered voters were 67% democrats.

How exactly does this fit the "racists vote republican" accusation?

 

[nobodyknows]

Hooray, let's take money from the rich, all so the poor can have a tiny bit more disposable income to purchase the 40 oz malt liquors, cigarettes, lotto tickets, illegal drugs, and fast food that they spend their money on.

Congats on finally making it onto my infamous ignore list.

 

[nehalem256]

You know, I actually took the time to read your "Why Racists vote republican" link in your sig.

It linked to a 2004 study of 1500 NYC businesses which found that ex-con whites were hired more often than ex-con blacks with similar credentials. Apart from the fact that the study makes no mention of correlation between discrimination in hiring and party affiliation, you might want to take note that as of 2008, NYC registered voters were 67% democrats.

How exactly does this fit the "racists vote republican" accusation?

But obviously only Republicans create jobs

 

[Atreus21]

But obviously only Republicans create jobs

I was thinking the same thing. If they're business owners, they must be republicans.

 

[rickon66]

This is nothing but a troll thread looking to hook low hanging fruit, so OP get off your tail and migrate to somewhere that suits you, maybe Somalia, where most are equal. Wait, Somalia has rich warlords who prey on and even kill the citizens that are under their control.

 

[Phokus]

You know, I actually took the time to read your "Why Racists vote republican" link in your sig.

It linked to a 2004 study of 1500 NYC businesses which found that ex-con whites were hired more often than ex-con blacks with similar credentials. Apart from the fact that the study makes no mention of correlation between discrimination in hiring and party affiliation, you might want to take note that as of 2008, NYC registered voters were 67% democrats.

How exactly does this fit the "racists vote republican" accusation?

Like i said when another idiot republican pointed this out:

1) You assume the owners of capital are all democrats

2) You assume it isn't worse ELSEWHERE (as in the racist southern red states)

 

[Atreus21]

Like i said when another idiot republican pointed this out:

1) You assume the owners of capital are all democrats

2) You assume it isn't worse ELSEWHERE (as in the racist southern red states)

1) No, I assume that a fair sampling of business owners would roughly reflect the same party affiliation percentages as the city in which they reside, and

2) If this is true, your link does absolutely nothing to indicate it.

 

[Matt1970]

Like i said when another idiot republican pointed this out:

1) You assume the owners of capital are all democrats

2) You assume it isn't worse ELSEWHERE (as in the racist southern red states)

Your story is the one that has to make the assumptions. You are assuming the business owners are Republican, and then magically Republicans vote a certain way because of how business owners in NYC hire people? I wouldn’t expect you to not understand that as that actually takes intelligence. Maybe the insult machine ought to look into his own stupidity before he goes around flinging insults.

Wait for it……..wait for it……… Phokus – “From the guy who got fooled by a fake news story”

You aren’t even a good one trick pony.

 

[Matt1970]

This just in!!!! NY City Business owners Discriminate. Must mean racists vote for Republicans.....

 

[JoeyP]

OP: Why don't you go out and make a lot of money, and then surprise everyone by giving it away? You can lead by example! Maybe you can start a following, and show people how much fun it is to work real hard and then give it all away.

Oh wait, it's easier to let someone else do all the work, and then simply take it from them. NM.