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Old 10-15-2015, 02:30 PM
 
15,394 posts, read 12,773,745 times
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My issue is the stagnant wages of the working class while management makes 100 times what they made 10 years ago
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Old 10-15-2015, 02:32 PM
 
Location: Great State of Texas
86,052 posts, read 84,959,943 times
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Quote:
Originally Posted by Julian658 View Post
Dude, I am a Milton Friedman fan.

However, despite all the glorious benefits of pure capitalism we need to grow up and create a better society. If you don't like government become an anarchist and see what you can do for your ideal.
Well this thread is about global wealth (and poverty).

The US poor are rich compared to other countries.

Africa has the biggest concentration of poor.
And that has been the case since forever with multiple generations growing up hearing about the starving in Africa.

It's NOT just about the US.


Four Charts That Illustrate The Extent Of World Poverty
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Old 10-15-2015, 02:34 PM
 
79,911 posts, read 44,603,783 times
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Quote:
Originally Posted by Feltdesigner View Post
My issue is the stagnant wages of the working class while management makes 100 times what they made 10 years ago
That's a generalization. Managers of fast food restaurants don't make much more than the fry cook. Managers at Wal Mart aren't well paid.
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Old 10-15-2015, 02:38 PM
 
Location: Secure Bunker
5,461 posts, read 3,264,204 times
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Quote:
Originally Posted by pknopp View Post
What's the difference in forcing people to bail out those who made bad investments?



Bail outs are totally counter to the free market and capitalism. Hopefully you condemn those actions, including Q.E.
Agreed. I don't like bailouts or QE either.
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Old 10-15-2015, 02:40 PM
 
Location: Secure Bunker
5,461 posts, read 3,264,204 times
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Quote:
Originally Posted by Julian658 View Post
Dude, I am a Milton Friedman fan.

However, despite all the glorious benefits of pure capitalism we need to grow up and create a better society. If you don't like government become an anarchist and see what you can do for your ideal.

Society will better itself through free markets. We don't need to seize the wealth of others to 'better society'. Wealth seizure is mostly non-productive.
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Old 10-15-2015, 02:40 PM
 
Location: Long Island
33,106 posts, read 19,744,114 times
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Quote:
Originally Posted by Julian658 View Post
Nice straw man!

I am in the top 1%. It does not take much to be there and I am well aware of the enormous tax burden we have to pay.

I do not blame billionaires, the more the better, I would love to see a 1,000 more Bill gates in america since that would improve the economy.

My beef with the struggling middle class republicans that defend the top brackets. One would think these folks should be voting democrat since they benefit a lot from social programs.
meanwhile the fascist liberals continue to say tax the rich, then want to bundle the workingclass households making 200k with millionaires and billionaires


the liberals constantly are killing the middleclass


its just like years ago they started the AMT..to tax the rich....now it is hitting a lot of middleclass earners....

so much for the compassionate liberals
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Old 10-15-2015, 02:42 PM
 
33,012 posts, read 27,665,724 times
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Quote:
Originally Posted by whogo View Post
What these wealth stats never include is the present value of government entitlement programs which are the greatest asset for a large percentage of individuals in the developed world.

What Would Rich Dad Say?
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Old 10-15-2015, 02:43 PM
 
5,915 posts, read 4,834,673 times
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Quote:
Originally Posted by HappyTexan View Post
The US poor are rich compared to other countries.
That's why the Democrats push for a global warming tax to spread the wealth around.
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Old 10-15-2015, 02:45 PM
 
Location: Long Island
33,106 posts, read 19,744,114 times
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Quote:
Originally Posted by Feltdesigner View Post
My issue is the stagnant wages of the working class while management makes 100 times what they made 10 years ago
are you talking about managers.....or owners/ceo's???

the fact is managers are NOT making 100 times what they made 10 years ago...or even 100 times what the lower workers are

I am a shop supervisor(manager)...make 65k... inotherwords 32/hr

my senior mechanic makes 27
my junior mechanic makes 18
my middlemechanics make 22-25


btw..the owner pays himself 75k...his small profits go back into the shop

so your 'spin' of managers make 100 times....is garbage
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Old 10-15-2015, 03:55 PM
 
12,030 posts, read 9,453,161 times
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Quote:
Originally Posted by pknopp View Post
No part of growing up includes the idea of the government taking care of you.
If you want to be like a lion or a Zebra in the wild be my guest, but you will live a life of stress in the name of your so-called freedom which is not really freedom. You do not know what real freedom is!
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