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Forums - Politics - Is "the rich getting richer" a problem?

spaceguy said:
Mr Puggsly said:
S.T.A.G.E. said:
The rich getting richer is a problem if they fail to create jobs. The rich getting richer creates a massive imbalance of resources and and power. Those who become rich kind of have a duty to give back (through domestic job creation) so the economy can run with fluidity. The people need to make money to spend money to keep the economy running and not being rich need a safety net of funds to fall back on through savings. The w. ealthy run the show in America because of the great imbalance at the expense of the people and its become obvious who congress supports. I guess history repeats itself.

I can't help but think... more jobs would be created if job creators didn't have to put up with so many regulations.

Frankly, I don't have any bitterness towards companies hiring overseas. Those people arguably work harder, you can pay them less, give less benefits, and they're less likely to sue. In America, well you just wait for your employees or customers to sue you. They're always looking for an excuse.


Yea the private sector has made more money in the last three year then they ever have. They are sitting on 2 trillion dollars. You kidding me. Your post is what said above.

 

So you want to make less, get less benefits and all that. You know slavery wasn't that bad in your eyes either.

uncertainty...

people have it right now.



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Unions make all the difference.

 Nothing stimulates the ecconomy like the middle class and this give the rich tax breaks has not worked and never has.



Mr Puggsly said:
deskpro2k3 said:
You're either Wealthy or Poor. There is no middle class.

Ridiculous statement is ridiculous.


care to elaborate more on your ridiculous statement?



There is no just rich and poor. too black and white

Poor, working class, middle class, upper middle class, upper class, 1%

If your middle class or higher you get by with more then enough income to spare.



Xbox: Best hardware, Game Pass best value, best BC, more 1st party genres and multiplayer titles. 

 

Secure full time jobs have been replaced with flexible casual and part time jobs. Union memberships have decreased in line with the decline in the middle class over the last 30 years.

Workers rights conflict with employers pursuit of more profits.



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spaceguy said:

Unions make all the difference.

 Nothing stimulates the ecconomy like the middle class and this give the rich tax breaks has not worked and never has.

While there's a good chance that there is a correlation, this graph doesn't prove it, or even provide strong evidence for it.

Union membership has been declining roughly linearly. Middle class share of aggregate income has been declining roughly linearly. Number of living people who attended Woodstock is probably declining roughly linearly. Given the right scales for each plot, one could easily line them up in order to make the argument that any two of the three are related. What people need to notice is that the middle class share isn't plotted to 0%, it's plotted to 42%. It is far more likely that this is a post hoc fallacy situation, and indeed, if there's a correlation, it's likely due to a common cause - that is, it's probably something like "trend towards corporations spending more money on election campaigns -> both reduced union membership (propaganda + changes in laws) and reduced middle class share".

What interests me more, in that graph, is 1993. Why did the middle class share of aggregate income suddenly drop so strongly between 1992 and 1993? Similarly, what happened in 1979 that began an exponential-shaped decay of union membership (which looks like it's going to stabilise somewhere around 10-12%)?



Aielyn said:
spaceguy said:

Unions make all the difference.

 Nothing stimulates the ecconomy like the middle class and this give the rich tax breaks has not worked and never has.

While there's a good chance that there is a correlation, this graph doesn't prove it, or even provide strong evidence for it.

Union membership has been declining roughly linearly. Middle class share of aggregate income has been declining roughly linearly. Number of living people who attended Woodstock is probably declining roughly linearly. Given the right scales for each plot, one could easily line them up in order to make the argument that any two of the three are related. What people need to notice is that the middle class share isn't plotted to 0%, it's plotted to 42%. It is far more likely that this is a post hoc fallacy situation, and indeed, if there's a correlation, it's likely due to a common cause - that is, it's probably something like "trend towards corporations spending more money on election campaigns -> both reduced union membership (propaganda + changes in laws) and reduced middle class share".

What interests me more, in that graph, is 1993. Why did the middle class share of aggregate income suddenly drop so strongly between 1992 and 1993? Similarly, what happened in 1979 that began an exponential-shaped decay of union membership (which looks like it's going to stabilise somewhere around 10-12%)?


This can also be attributed to all the policies. Less regulation, Give tax breaks to the rich, bust up unions. The right wing agenda has stayed in place since 1980's and actually the union busting started under Carter. So all the things are what have done this.

 

90's was the .com bubble.



Mr Puggsly said:
S.T.A.G.E. said:
The rich getting richer is a problem if they fail to create jobs. The rich getting richer creates a massive imbalance of resources and and power. Those who become rich kind of have a duty to give back (through domestic job creation) so the economy can run with fluidity. The people need to make money to spend money to keep the economy running and not being rich need a safety net of funds to fall back on through savings. The w. ealthy run the show in America because of the great imbalance at the expense of the people and its become obvious who congress supports. I guess history repeats itself.

I can't help but think... more jobs would be created if job creators didn't have to put up with so many regulations.

Frankly, I don't have any bitterness towards companies hiring overseas. Those people arguably work harder, you can pay them less, give less benefits, and they're less likely to sue. In America, well you just wait for your employees or customers to sue you. They're always looking for an excuse.

So the goal is a race to the bottom?  What is the point in having a job, if it doesn't enable you to survive?

And you don't like regulations?  Would it be right to assume you would want fracking to go unregulated also?

http://globalpublicsquare.blogs.cnn.com/2012/06/10/zakaria-the-game-changer-in-the-geopolitics-of-energy/?hpt=hp_bn2



blame it on the break down of the family unit.
blame it on the civil rights movement and push for more women in the workforce.
the good old days of the 1950s and 1960s are long gone.

corrupt politicians and government polcies are aiding the rise of the super rich elites at the expense of everyone else.



deskpro2k3 said:
Mr Puggsly said:
deskpro2k3 said:
You're either Wealthy or Poor. There is no middle class.

Ridiculous statement is ridiculous.


care to elaborate more on your ridiculous statement?

Maybe you should elaborate on what you consider poor and wealthy.



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