The rich are waging class warfare on the poor

Failed Trader (how apropos):

Please produce something in terms of evidence. Maybe a shocking example that can be published in the NYT and "Nation".

A Pulitzer for you, perhaps.

I mean, your graph is just shit. Nail something down and produce it for us to gaze at and kneel down in reverence.

Otherwise, you are just whining once again. You sound kinda bitchy. Again.
 
Quote from plyka:

And yet what has happened to government spending? What has happened to regulations? Both have gone through the roof over the time period you are taking.

What does that say? As government becomes bigger, the rich get richer and the poor get poorer and the middle class disappears. This is the only objective conclusion you can come to. And it makes sense.

The rich use regulations in order to protect themsevles from competition. They make sure that small companies do not come into existence, because they have to spend millions on regulations. They make sure that they get the licenses to operate the business.

And guess who gets all the fat contracts that come from government spending? It's not you and me. It's the guys who pal around with the government elite. IE the rich.

If you want the income gap to SHRINK then you must shrink the size and power of the government, you must REDUCE regulations you must reduce government spending.

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When the rich and the supporters of the rich, aka republicans, are able to to doublespeak people like bone, no change will happen. Look how they ignore Ron Paul.

Doublespeak: -being pro small government and anti spending and anti medicare
- spend 75% of US debt, 3 times more than democrats spending on wars, start a free medicare program for seniors, enlarge government.
 
Quote from bone:

Failed Trader (how apropos):

Please produce something in terms of evidence. Maybe a shocking example that can be published in the NYT and "Nation".

A Pulitzer for you, perhaps.

I mean, your graph is just shit. Nail something down and produce it for us to gaze at and kneel down in reverence.

Otherwise, you are just whining once again. You sound kinda bitchy. Again.

The problem is what you find shocking. It seems everything that counters your ideology is not found shocking, as you simply ignore it. However if one of your arguments does not suffice, I will point it out. it is amazing however, what you find not to be shocking.
 
failed trader:

You never played contact sports with the other boys, and you really want to wear a skirt and boss those boys around, right ?
 
i agree, the republicans whom I have voted for over 3 decades are socialist. They say they believe in free markets and less govt regulations and such, yet they outlawed internet gambling, which the WTO said was illegal, then they said we will build for europe a defense shield,,cant we try a little capitalism and sell to them or rent them the equipment?
 
Well reading the first and last page only, the chart isn't telling the story that the rich are waging class warfare on the poor.

If you look up the example I had in college against the rich get richer poor get poorer adage is simply not true. Everyone gets richer. To prove this, you can examine the percentage of people making more than $70,000 per year from the bls and see that it has risen drammatically. The argument always ignores the obvious fact that people's standard of living is substantially better than 30 years ago by any measure. If you want to argue about class warfare I think we have a much better distribution of wealth now than ever before. China's gaining a middle class that can trade goods for money with us and not just pittance sweat shop labor.

No. The argument isn't even remotely close to reality. No one gets poorer, we all get richer.
 
Quote from plyka:

As government becomes bigger, the rich get richer and the poor get poorer and the middle class disappears. This is the only objective conclusion you can come to.

You have cause and effect backwards - gov'ts get bigger as the people get richer.

Regardless, the middle class is an artifact of cheap energy. It is an historically unnatural way to distribute wealth, and will, most likely, soon find its way to history's trashcan unless we quickly find something to replace the cheap oil we've lost.

Welcome back, Mr. Pareto.
 
Quote from Random.Capital:

If one's view of history goes back more than 200 years, that is an unsupportable claim.

No it is not. Do what I said: look up the percentage of people earning more than $70,000. It is all supported by BLS data, and I seem to remember a stupid thread on a similar subject in which they claimed wages were declining when there wasn't a single quarterly period with declining overall compensation. I guarantee that statistic is still true and hasn't ever declined.
 
Quote from bwolinsky:

Well reading the first and last page only, the chart isn't telling the story that the rich are waging class warfare on the poor.

If you look up the example I had in college against the rich get richer poor get poorer adage is simply not true. Everyone gets richer. To prove this, you can examine the percentage of people making more than $70,000 per year from the bls and see that it has risen drammatically. The argument always ignores the obvious fact that people's standard of living is substantially better than 30 years ago by any measure. If you want to argue about class warfare I think we have a much better distribution of wealth now than ever before. China's gaining a middle class that can trade goods for money with us and not just pittance sweat shop labor.

No. The argument isn't even remotely close to reality. No one gets poorer, we all get richer.

"50 years ago nobody had refrigerators. Now everybody has one. So now, there are no more poor people.":cool:
 
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