7 setbacks for the middle class

Priceless...drmilled and the righties who have been crying about Socialism and "spreading the wealth around" are now upset the president has not succeeded in those efforts. Tell us, doc, do you want the wealth to be spread around or not? Right now the corners of your mouth are fighting with each other.


Some people recognize income inequality as a legitimate problem that needs to be solved. Some people dont. When the Pope spoke about income inequality recently every right wing pundit had a stroke...calling him some kind of leftist radical. That should tell you alot.


Our country has two different parties with fundamentally different answers to these questions...
- should we raise minimum wage to historic levels? Or just tell those lazy workers to get a better job?
- should investors continue to pay smaller tax rates than workers or not?
- should all people be able to see a doctor when they are sick or is that a privilege for only those who can pay for it?
- should we give tax incentives or penalties to companies that offshore jobs to sweatshops in third world countries?
- should we put workers at the mercy of their employer or should they be allowed to organize and have a collective voice?
- should we have big government programs to build ladders of opportunity for the underprivileged...or is that a waste of taxdollars?

I expect the president to talk about income inequality at great length in the upcoming state of the union address...and i expect all of his right wing opponents to cry bloody murder afterwards. Watch.
Quote

Originally posted by: pjstroh

Our country has two different parties with fundamentally different answers to these questions...


If the truth be told, our country has many different viewpoints with fundamentally different questions and answers.

Quote

Originally posted by: alanleroy
Quote

Originally posted by: pjstroh

Our country has two different parties with fundamentally different answers to these questions...


If the truth be told, our country has many different viewpoints with fundamentally different questions and answers.


true..but you only (typically) get to vote for candidates from one of two parties. One party believes income inequality is a problem...the other believes it is merely a symptom of a free market economy.
The trend started long ago. Thanks elementary school student Obama!!



Quote

Originally posted by: pjstroh
Quote

Originally posted by: alanleroy
Quote

Originally posted by: pjstroh

Our country has two different parties with fundamentally different answers to these questions...


If the truth be told, our country has many different viewpoints with fundamentally different questions and answers.


true..but you only (typically) get to vote for candidates from one of two parties. One party believes income inequality is a problem...the other believes it is merely a symptom of a free market economy.

Many people believe 'Income Inequality' and 'Poverty' are two very different concepts with only one of those being a problem. If the problem you're really trying to solve is Poverty, there are far better ways to solve that than by distorting the market for labor. See what I mean? Different Question. Different Answer.

Quote

Originally posted by: alanleroy
If the problem you're really trying to solve is Poverty, there are far better ways to solve that than by distorting the market for labor.
Well, I can think of one way … MAGIC!! Hurray!
(I would say voodoo, but we all know that's a load of bull.)
Quote

Originally posted by: jillyf
Quote

Originally posted by: alanleroy
If the problem you're really trying to solve is Poverty, there are far better ways to solve that than by distorting the market for labor.
Well, I can think of one way … MAGIC!! Hurray!
(I would say voodoo, but we all know that's a load of bull.)

The USA has had minimum wage laws for 75 years. And yet there are now 47 million Americans living in poverty. That's obviously not a solution to poverty. In fact, it guarantees that those most in need of a job will never find one because they are priced out of the market for labor.

It's actually far better to get rid of every State, Local and Federal Government program for the poor...get rid of the minimum wage..AND JUST GIVE POOR PEOPLE MONEY. Sure, some will be content to live on the dole..But, hey I just solved the problem of Poverty in the USA and saved billions of dollars by eliminating our bloated system of income redistribution....and it didn't take me 50 years.

And guess who's against such a program...Republican and Democrat politicians. There you go. It must be good.

Quote

Originally posted by: alanleroy
Quote

Originally posted by: jillyf
Quote

Originally posted by: alanleroy
If the problem you're really trying to solve is Poverty, there are far better ways to solve that than by distorting the market for labor.
Well, I can think of one way … MAGIC!! Hurray!
(I would say voodoo, but we all know that's a load of bull.)

The USA has had minimum wage laws for 75 years. And yet there are now 47 million Americans living in poverty. That's obviously not a solution to poverty. In fact, it guarantees that those most in need of a job will never find one because they are priced out of the market for labor.

It's actually far better to get rid of every State, Local and Federal Government program for the poor...get rid of the minimum wage..AND JUST GIVE POOR PEOPLE MONEY. Sure, some will be content to live on the dole..But, hey I just solved the problem of Poverty in the USA and saved billions of dollars by eliminating our bloated system of income redistribution....and it didn't take me 50 years.

And guess who's against such a program...Republican and Democrat politicians. There you go. It must be good.


Minimum wage has not kept up with inflation. If it did it would be over $10/hour today...which would also lift those respective workers out of poverty.

Explain to me how "giving poor people money" is different from " our bloated system of income redistribution".
Quote

Originally posted by: pjstroh
Quote

Originally posted by: alanleroy
Quote

Originally posted by: jillyf
Quote

Originally posted by: alanleroy
If the problem you're really trying to solve is Poverty, there are far better ways to solve that than by distorting the market for labor.
Well, I can think of one way … MAGIC!! Hurray!
(I would say voodoo, but we all know that's a load of bull.)

The USA has had minimum wage laws for 75 years. And yet there are now 47 million Americans living in poverty. That's obviously not a solution to poverty. In fact, it guarantees that those most in need of a job will never find one because they are priced out of the market for labor.

It's actually far better to get rid of every State, Local and Federal Government program for the poor...get rid of the minimum wage..AND JUST GIVE POOR PEOPLE MONEY. Sure, some will be content to live on the dole..But, hey I just solved the problem of Poverty in the USA and saved billions of dollars by eliminating our bloated system of income redistribution....and it didn't take me 50 years.

And guess who's against such a program...Republican and Democrat politicians. There you go. It must be good.


Minimum wage has not kept up with inflation. If it did it would be over $10/hour today...which would also lift those respective workers out of poverty...
Someone at JP Morgan is getting a raise, despite $23 billion in misunderstandings.




Quote

Originally posted by: forkushV
The trend started long ago. Thanks elementary school student Obama!!





Have you been making up charts again forkie? Well, whatever it does kinda coincide with the advent of computers, go figger.



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