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Pensacola Discussion Forum » Politics » Wealth Distribution in the US - video

Wealth Distribution in the US - video

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2seaoat
Sal
Floridatexan
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Sal

Sal

Chrissy wrote:


Why do you think that is a odd question? because its not. You act as if money is getting taken away from everybody else when those people make it.

What do you mean by leveling the playing feild?

You're right.

I was being polite.

It was not an odd question, it was a stupid one.

Do you honestly believe it is a coincidence that over the last twenty years the wealth of the richest Americans has increased fivefold, while the wealth of the middle class has decreased by 40%??

Our GDP has grown over the past twenty years, as has our productivity.

That means the richest have syphoned off all of that economic growth, while the working class is working harder and longer for less.

That means they have less money to buy shit, and the economy sputters along.

It's not that complicated.

Healthy economic growth means that the profits of that growth must be equitably distributed.

Leveling the playing field means lessening the pressure on programs that benefit working class Americans by having the richest pay a fair share of the profits they've been hoarding.

2seaoat



How does having wealthy people inhibit any person from obtaining thier own wealth?




In the absence of a vibrant middle class, economic activity diminishes, and the total GDP will plunge, and even the very people you wish to protect loose more capital than they gain. If you want the model of what you propose, look at the history of Latin America. Wealthy Oligarchies created by birth not merit, and entire populations exploited and unproductive because of the rigging of the system as puppet dictators protect the Oligarchy.

It is absurd to compare socialism to a return to the rates of Bush 1.......just dogma barking from the hollow arguments that somehow untethered wealth transfer is good for an economy.....it is not. Our economy is driven by demand, and impoverishing almost 50% of our population is not the answer, and allowing non productive folks who have done nothing to help this country move American wealth out of the country is the formula for return to the colonial times, or face the natural migration to enormous trusts and corporations which have monopolies and deter competition.

The Estate tax levels in the late 80s were fair and worked. Close the loopholes, reduce the subsidies, and return the estate tax to the late 80s and you do not have socialism, you have fiscal conservative balanced budgets and a nation which is giving tax credits for American job creation. If you allow the exploiters to steal revenue, you condemn America to the trash bin of history.

Guest


Guest

Wealth is not income... and neither is permanent. If you truly want to help the huddled masses you would redistribute the knowledge of productivity and a work ethic. These means of confiscation/redistribution simply move fixed monies around and eventually drives the people and their abilities away. Look at Cuba for example... the communists took the holdings and people either didn't bother being productive or they fled and most of those were successful again such as in south florida.

This is an old game. Opportunity and liberty is the real wealth... confiscate that and money means little.

Sal

Sal

PkrBum wrote:Wealth is not income... and neither is permanent. If you truly want to help the huddled masses you would redistribute the knowledge of productivity and a work ethic. These means of confiscation/redistribution simply move fixed monies around and eventually drives the people and their abilities away. Look at Cuba for example... the communists took the holdings and people either didn't bother being productive or they fled and most of those were successful again such as in south florida.

This is an old game. Opportunity and liberty is the real wealth... confiscate that and money means little.

Wake me when we get to Mao.

lol

VectorMan

VectorMan

PkrBum wrote:Wealth is not income... and neither is permanent. If you truly want to help the huddled masses you would redistribute the knowledge of productivity and a work ethic. These means of confiscation/redistribution simply move fixed monies around and eventually drives the people and their abilities away. Look at Cuba for example... the communists took the holdings and people either didn't bother being productive or they fled and most of those were successful again such as in south florida.

This is an old game. Opportunity and liberty is the real wealth... confiscate that and money means little.

Well said.

Seems real history and facts mean little to liberals.

2seaoat



Look at Cuba for example..

LOL......Batista's colonial protector of the oligarchy vs Castro.......great choices in your all or nothing world......but how about regulated capitalism with fair taxation......The American way does not have to continue its path to Batista's world, nor are checks and balances Castro's world.......this idea that the estate tax is bad......after 90 years of unfettered economic growth and real growth in the median income in this country.....we now have failure, drop in median income, and folks virtually not paying the former estate tax.......it does not take a rocket scientist to see where the problem is......and it has nothing to do with liberal or conservative.....it has to do with basic economics. Our country was stronger with fair estate taxes, and now we are weaker and more vulnerable as we march to Latin American wealth distribution, where natural resources are stolen, assets are consolidated in the hands of a few, and nations live in poverty.......not hard to pick the right path.

Guest


Guest

2seaoat wrote:Look at Cuba for example..

LOL......Batista's colonial protector of the oligarchy vs Castro.......great choices in your all or nothing world......but how about regulated capitalism with fair taxation......The American way does not have to continue its path to Batista's world, nor are checks and balances Castro's world.......this idea that the estate tax is bad......after 90 years of unfettered economic growth and real growth in the median income in this country.....we now have failure, drop in median income, and folks virtually not paying the former estate tax.......it does not take a rocket scientist to see where the problem is......and it has nothing to do with liberal or conservative.....it has to do with basic economics. Our country was stronger with fair estate taxes, and now we are weaker and more vulnerable as we march to Latin American wealth distribution, where natural resources are stolen, assets are consolidated in the hands of a few, and nations live in poverty.......not hard to pick the right path.

We sure as hell do have failure. and its not because of some estate tax.

othershoe1030

othershoe1030

Henry Ford had it right when he paid his workers wages that allowed them to buy his product. It was a win/win. Nowadays many in management don't look any farther than the bottom line on the next quarter.

They fail to see the larger picture, as in "we're all in this together" and just want to pay workers as little as possible to fatten their own take home pay. It is a sad situation made worse by the designer tax code the wealthy have managed to set up. As the video shows, we look more like a banana republic than a thriving capitalist country.

Guest


Guest

http://www.progress.org/banneker/igt/cw/ Just a little quiz..

othershoe1030

othershoe1030

Lurch wrote:http://www.progress.org/banneker/igt/cw/ Just a little quiz..
Well, that was fun. My score was 126. The question/answer I was most sure of was the one about federal lands being leased, mined, etc. at well below the market rates. The question about the gold mine was mind boggling too. Imagine, we just give our resources away and think nothing of it, remarkable!

othershoe1030

othershoe1030

Wealth Distribution in the US - video - Page 2 Income11

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