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Has it completely escaped your attention that the income gap has been widening overall since at least 1947?
Enjoy your economic oppression. You're advocating for it.
By the way... the income gap is going to widen further still, because idiots don't understand that it's in the federal government's best interest to promote such to maximize income tax revenue. What are the lefties' words for that? Oh, yeah... "Embrace the suck."
Poor who earn $10,000 a year will always be poor, and we will always have people like that. So if the rest of the nation moves on, and median family income goes from $20,000 to $60,000, the income gap widens.
We live in a global market now, this is not 1950 where the corner market store owner had just one store. We have progressed from a corner store, to multiple stores in a county, to hundreds of stores across the country, to thousand of stores across the world. Companies grow, competition is world wide and best the world has to offer to run these multinational companies see their salaries rise in comparison.
We used to compare a poor family's income to the owner of the corner store, we now compare them to people working in multinational companies, so of course the income gap is wider. It's only common sense that the more customers and the wider the distribution and sale of products and services becomes, the more money the top income earners in these companies will make.
Has it completely escaped your attention that the income gap has been widening overall since at least 1947?
Enjoy your economic oppression. You're advocating for it.
By the way... the income gap is going to widen further still, because idiots don't understand that it's in the federal government's best interest to promote such to maximize income tax revenue. What are the lefties' words for that? Oh, yeah... "Embrace the suck."
No it has not been widening since 1947.
I am not advocating for anything.
Again, this point you believe has no basis in reality.
Again, this point you believe has no basis in reality.
You obviously haven't argued with informedConsent before have you? While I disagree on many things with him that are opinions, things he states as facts he tend to backs, the chart he responded to you with earlier is a good example. All of this data can be checked very easily.
Your response that "No it has not been widening since 1947." is pretty foolish looking unless you care to back up your opinion with real facts.
At this point your rebuttal has no basis in reality, whereas InformedConsents "belief" is very clearly backed up by these things we call "facts". He even provides a nice graph full of data that you can verify from multiple places.
the gini index (income gap) had been kept within the same 10 point range for the last 80 years
that 10 point range is actually a pretty intense amount of variation if you understand how the co-efficient is measured, and its gone from the bottom of that 10 point range to the top of it. Also-no worries the graph you have is a little out of date, its believed to be back on track and increasing, the crash in the late 2000's really hurt the richest the most in total value, but they've received the vast majority of the gains since then, more then compensating that drop.
The gradual increase in inequality really took off around 1970, and it is a major source of concern.
A certain level of inequality is good, I'd guess it as a gini of around 35. 40 is where it starts being bad (in my opinion), and 45 is just bad. (again opinion)
You obviously haven't argued with informedConsent before have you? While I disagree on many things with him that are opinions, things he states as facts he tend to backs, the chart he responded to you with earlier is a good example. All of this data can be checked very easily.
Your response that "No it has not been widening since 1947." is pretty foolish looking unless you care to back up your opinion with real facts.
At this point your rebuttal has no basis in reality, whereas InformedConsents "belief" is very clearly backed up by these things we call "facts". He even provides a nice graph full of data that you can verify from multiple places.
What facts has he supplied? I have no belief. Income inequality was contracting until the 1960's in this nation.
It contracted again in the 1990's for a brief time. So far I have seen no evidence to suggest otherwise.
I had no idea some random rich guy paid for: my sales tax, my income tax, my SS and medicare tax, and so on.
That's really nice of them - when do they send me the check?
We all know the answer - never - because it's total BS that "the rich pay all the taxes." They don't, and anyone who can seriously claim such a thing must have absolutely no understanding of how anything in this nation works or actually consider almost anyone with a job "rich." Who believes this nonsense, anyway??
I see extremely little decline in the income gap in that chart.
Do you even know how to read charts given their stated parameters?
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