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Forum » The 1% Close to Having As Much Wealth as the Entire Middle Class
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Thread: The 1% Close to Having As Much Wealth as the Entire Middle Class

post 1591389461 11-11-2019, 10:29 AM
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Originally Posted By JeepBruh⏩
Why is this not in R&P?
It's good not having it in the r/p. I'm enjoying hearing some opinions other than the same bootlickers that respond to every thread in the r/p
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post 1591389501 11-11-2019, 10:30 AM
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Originally Posted By samsbolton⏩
No, they have sweatshops because of zero regulation, massive overpopulation, no expensive areas to live... it’s not even remotely comparable come on..
When we are talking about sweatshops, I was talking about the low pay.

You're saying that low pay, would lead to better or livable wages right? It doesn't. Even in poorer countries, where the cost of living is lower, they are still making non livable wages.

Also, you're wrong that there aren't expensive places to live in developing countries. There are rich and middle class people in those countries, but they are the minority.

When they can get away paying people crap wages, they will. And because people are desperate (especially when there is no welfare state) they will accept chitty pay.
If You Don't Like To Talk About Your Feelings, This Might Help...
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The Most Heartbreaking Thing That I've Learned About 'The Elite'.
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Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1591389641 11-11-2019, 10:32 AM
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Originally Posted By Frank
I'm not bitching lmao. Take the time to read posts that you're responding to?
Dude... That's his thing. He does the same thing in R/P.

All he basically does is post sarcastic questions in reply to peoples posts, and always misrepresents or misinterprets what people say.

People often have to explain things to him multiple times, for him to understand the point being made. I'm not even being dick, if you look back overthisthread, you'll see exactly what I just described.
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1591389721 11-11-2019, 10:34 AM
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post 1591389961 11-11-2019, 10:40 AM
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Originally Posted By BetaAsPhuck⏩
When we are talking about sweatshops, I was talking about the low pay.

You're saying that low pay, would lead to better or livable wages right? It doesn't. Even in poorer countries, where the cost of living is lower, they are still making non livable wages.

Also, you're wrong that there aren't expensive places to live in developing countries. There are rich and middle class people in those countries, but they are the minority.

When they can get away paying people crap wages, they will. And because people are desperate (especially when there is no welfare state) they will accept chitty pay.
??

It’s clearly liveable since they aren’t dead. They get a bowl of rice or whatever. That’s the market in that country.

The market in the U.K. is a roof over your head, basic food, kids not starving etc. Not the latest telly, new car, non shared accommodation, etc etc. You can’t do that on 25k in Milton Keynes. Tell me again why Amazon needs it’s wages subsidised by the government?

Anytime the government takes money from somewhere (tax) it loses a great deal of it in administration, then distributes it (benefits). It’s like giving someone a blood transfusion by taking it out of one arm, sloshing some on the floor, and putting what’s left back in the other arm. Ridiculous.
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post 1591390141 11-11-2019, 10:44 AM
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I'm glad we're too lazy to have a communist revolution.

Thank you Nintendo.
post 1591390371 11-11-2019, 10:48 AM
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Originally Posted By samsbolton⏩
??

It’s clearly liveable since they aren’t dead. They get a bowl of rice or whatever. That’s the market in that country.
You are taking the word too literally.

When politicians and political pundits talk about a liveable wage, the don't mean enough money that you can live in a tent, on store brand beans, and rice. They mean able to afford a decent quality of life, able to afford decent food, sanitation, temperature regulation, shelter, etc.
The market in the U.K. is a roof over your head, basic food, kids not starving etc.
If you are OK with people living in Shanty towns whilst working in factories in developing countries, then are you OK with families in the UK only making enough money to live in a bedsit, and feed their children beans and rice?

They are still alive. So, are you OK with those living conditions for families in the UK?
Anytime the government takes money from somewhere (tax) it loses a great deal of it in administration, then distributes it (benefits). It’s like giving someone a blood transfusion by taking it out of one arm, sloshing some on the floor, and putting what’s left back in the other arm. Ridiculous.
As inefficient as it often is, it's better than the free market solution.

Take a look at the what happened to the poverty rate in Chile, once Pincochet implemented Milton Friedman's/Chicago Boy's free market capitalism. It doubled. It only began to decrease once he died, and the state began implementing social intervention policies.

(Pincohet's Chile was Authoritarian in regards to governance, but free market capitalist economically.)
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1591390381 11-11-2019, 10:49 AM
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Originally Posted By isingmodel⏩
Good for you, plenty of wealth problems elsewhere. You mind your life and let us do the thinking.
lmao, why would I let you do the thinking when you can’t succeed in America?
Last thing we need are losers in charge
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post 1591390501 11-11-2019, 10:51 AM
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Originally Posted By BetaAsPhuck⏩
People often have to explain things to him multiple times, for him to understand the point being made. I'm not even being dick, if you look back overthisthread, you'll see exactly what I just described.
I honestly sometimes wonder if Dave22 is an 8 or 9 year old larper who's just parroting what he heard his conservative parents say. I find it really really hard to believe it's a grown man behind those posts
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post 1591390641 11-11-2019, 10:54 AM
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Originally Posted By isingmodel⏩
I honestly sometimes wonder if Dave22 is an 8 or 9 year old larper who's just parroting what he heard his conservative parents say. I find it really really hard to believe it's a grown man behind those posts
Maybe debate his arguments rather than resort to ad hominem?
post 1591390891 11-11-2019, 10:58 AM
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Originally Posted By BetaAsPhuck⏩
You are taking the word too literally.

When politicians and political pundits talk about a liveable wage, the don't mean enough money that you can live in a tent, on store brand beans, and rice. They mean able to afford a decent quality of life, able to afford decent food, sanitation, temperature regulation, shelter, etc.



If you are OK with people living in Shanty towns whilst working in factories in developing countries, then are you OK with families in the UK only making enough money to live in a bedsit, and feed their children beans and rice?

They are still alive. So, are you OK with those living conditions for families in the UK?



As inefficient as it often is, it's better than the free market solution.

Take a look at the what happened to the poverty rate in Chile, once Pincochet implemented Milton Friedman's/Chicago Boy's free market capitalism. It doubled. It only began to decrease once he died, and they state began implement social intervention policies.

(Pincohet's Chile was Authoritarian in regards to governance, but free market capitalist economically.)
No I’m not ok with Bangladesh living conditions in the U.K..

Why would that happen? Under the specific change that I want to make, taking away subsidy, there are three possibilities (using the amazon example, same for any other major international)

Amazon stays where it is, has to pay more or workers will leave

Amazon moves to a cheaper cost of living area bringing economic opportunity to a more deprived region (huge arguments for this in the U.K. where most wealth is concentrated in and around London)

Amazon leaves the country altogether (no earnings in the U.K. )

There is still a market for low paid, low skilled work. There always will be. Artificially distorting it is expensive and counter productive.
2023 bertie awards 2024 nominations

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post 1591390941 11-11-2019, 10:58 AM
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Originally Posted By 5x10⏩
lmao, why would I let you do the thinking when you can’t succeed in America?
Last thing we need are losers in charge
Some of the most successful people in America champion this kind of thinking. Look at what Bill Gates, Warren Buffet or Elon Musk have to say on the matter, as a few examples.

Meanwhile you're just another wagecuck (who probably makes less than me) rimming the *******s of the ultra wealthy for no discernible reason. As I said, you've already told us that you don't like thinking too hard about the world which basically means you aren't much use to this or any discussion.
Originally Posted By JeepBruh⏩
Maybe debate his arguments rather than resort to ad hominem?
Dave would have to present something resembling an argument first. I've come across him plenty on this forum and am yet to see one.
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post 1591391191 11-11-2019, 11:02 AM
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Originally Posted By isingmodel⏩
I honestly sometimes wonder if Dave22 is an 8 or 9 year old larper who's just parroting what he heard his conservative parents say. I find it really really hard to believe it's a grown man behind those posts
He seems like one of the more reasonable and moderate posters in those parts, to me at least.
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post 1591391251 11-11-2019, 11:03 AM
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Originally Posted By TurbanMon⏩
then after everyone makes 5 million dollars they stop working. your plan is to turn the brightest and smartest people into indentured slaves ? why would they do that voluntarily?
and money isn't "sitting in an account doing nothing", it gets lent out to people who can make more money. If you had a great business plan, in today's environment you can basically borrow all the money you need.
Well what’s the medium ground here?
post 1591391401 11-11-2019, 11:06 AM
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Originally Posted By samsbolton⏩
No I’m not ok with Bangladesh living conditions in the U.K..
What makes their quality of life more valuable?

Your literal response to the living wage argument for people in developing countries was "They are still living", so what does it matter if a UK family are only being paid enough to living in a bedsit, eating rice and beans... They are still alive?

Also... Sweatshops are not confined to Bangladesh. They happen anywhere that corporations can get away with paying people crap, and providing crappy working conditions.
Why would that happen? Under the specific change that I want to make, taking away subsidy, there are three possibilities (using the amazon example, same for any other major international)

Amazon stays where it is, has to pay more or workers will leave
Amazon moves to a cheaper cost of living area bringing economic opportunity to a more deprived region (huge arguments for this in the U.K. where most wealth is concentrated in and around London)
Amazon leaves the country altogether (no earnings in the U.K. )
There is a 4th thing that could happen, and has happened for decades around the world...

Amazon pays below livable wages, and so do all other mega corporations, because there is no minimum wage or social safety net. So (like what happens in other countries) multiple members of the extended family work, being paid below livable wages, and they pool their money in order to subsist.
There is still a market for low paid, low skilled work. .
Yeah, and they'll be paid less for the work. (e.g. Chile.)

"You know what your boss is telling you when they pay you minimum wage? If I could pay you less, I would. It's just not allowed." - Chris Rock.
There always will be
Automation.
If You Don't Like To Talk About Your Feelings, This Might Help...
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The Most Heartbreaking Thing That I've Learned About 'The Elite'.
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Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1591391451 11-11-2019, 11:06 AM
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Originally Posted By isingmodel⏩
Dave would have to present something resembling an argument first. I've come across him plenty on this forum and am yet to see one.
If he hasn't made a valid argument why are you so compelled to attack him then? He has obviously struck a chord with you.

I think he has said some things you disagree with, but you would rather attack him personally rather than debate his arguments. Surely, if they are such dumb arguments then it should be easy to show why they are wrong, right?
post 1591391491 11-11-2019, 11:06 AM
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Originally Posted By RedRusty⏩
He seems like one of the more reasonable and moderate posters in those parts, to me at least.
Are you trolling?

Srs question.
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1591391541 11-11-2019, 11:07 AM
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Originally Posted By isingmodel⏩
Some of the most successful people in America champion this kind of thinking. Look at what Bill Gates, Warren Buffet or Elon Musk have to say on the matter, as a few examples.

Meanwhile you're just another wagecuck (who probably makes less than me) rimming the *******s of the ultra wealthy for no discernible reason. As I said, you've already told us that you don't like thinking too hard about the world which basically means you aren't much use to this or any discussion.



Dave would have to present something resembling an argument first. I've come across him plenty on this forum and am yet to see one.
yeah, Buffett and gates made it in America, they should have a say

Not some broke guy on the internet , probably don’t pay much taxes at all
Pushing for socialism

No thanks

Btw, pretty good chance my fed income tax obligation exceeds your annual income
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post 1591391591 11-11-2019, 11:08 AM
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Originally Posted By Frank
The biggest difference is housing prices. I was able to buy my first house for 1.25X my gross salary. Graduates today are going to pay 3X their salary and up.

I've lived through it. I had it easier coming out of school than the kids today. I also had it better than the kids from the 90's so....maybe I just got lucky.

X generation is best generation.
So houses that are 2.5-3× the size cost 2.5-3× as much as an average home 40 years ago? Hmmmm, I wonder why that is?
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post 1591391601 11-11-2019, 11:09 AM
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Originally Posted By JeepBruh⏩
If he hasn't made a valid argument why are you so compelled to attack him then? He has obviously struck a chord with you.

I think he has said some things you disagree with, but you would rather attack him personally rather than debate his arguments. Surely, if they are such dumb arguments then it should be easy to show why they are wrong, right?
Oh I have, many times in the R/P. He just asks the same dumb questions again and again
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post 1591391671 11-11-2019, 11:09 AM
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Originally Posted By BetaAsPhuck⏩
Are you trolling?

Srs question.
Do you know me to be a troll?

Don't ask dumb questions. He has some middle of the road viewpoints. I don't write people off just because they don't agree with every single one of my political stances.
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post 1591391721 11-11-2019, 11:10 AM
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This thread is hilarious and sad at the same time.

Hint; Is having a system where there is centralized control of the money supply a free market capitalist model or a socialist one?
"I yam what I yam" - Popeye the sailor
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Originally Posted By isingmodel⏩
Oh I have, many times in the R/P. He just asks the same dumb questions again and again
Just ignore him then if you don't want to debate. You're just attacking him personally now for posts you disagree with.
post 1591391931 11-11-2019, 11:13 AM
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Originally Posted By RedRusty⏩
Do you know me to be a troll?

Don't ask dumb questions.
Is that a yes?
He has some middle of the road viewpoints. I don't write people off just because they don't agree with every single one of my political stances.
Nor do I, in case that's what you are implying. (There are a few posters here on the misc who are right wing, who I respect. There is even one who is a literal fascist.)

Dude is one of the biggest trolls on R/P. Literally all he does is post sarcastic comments to leftist posters.

That's why I surprised that you seem to respect his 'viewpoints'.
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1591392041 11-11-2019, 11:14 AM
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Originally Posted By BetaAsPhuck⏩
Is that a yes?



Nor do I, in case that's what you are implying.

Dude is one of the biggest trolls on R/P. Literally all he does is post sarcastic comments to leftist posters. That's why I suprised that you seem to respect his 'viewpoints'.
I didn't say "respect". Never used that word. I said he has some moderate views. Literally all most conservatives do on R&P is post sarcastic comments to leftist posters, and vice versa. That's pretty much the definition of R&P.
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post 1591392061 11-11-2019, 11:14 AM
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Originally Posted By KirkMcquest⏩
This thread is hilarious and sad at the same time.

Hint; Is having a system where there is centralized control of the money supply a free market capitalist model or a socialist one?
Free market capitalist, unless you are going to claim that Milton Friedman was actually proposing socialism?
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1591392161 11-11-2019, 11:16 AM
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Originally Posted By Brainfr33ze⏩
happens all the time when you dont pay up
People who pay off their mortgages in 15 years generally have no problems paying property tax.
post 1591392171 11-11-2019, 11:16 AM
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Originally Posted By BetaAsPhuck⏩
Dude... That's his thing. He does the same thing in R/P.

All he basically does is post sarcastic questions in reply to peoples posts, and always misrepresents or misinterprets what people say.

People often have to explain things to him multiple times, for him to understand the point being made. I'm not even being dick, if you look back overthisthread, you'll see exactly what I just described.
agreed he is horrible he constantly asks questions when he doesn't understand or doesn't want to understand he keeps rephrasing and asking new questions until the point that he just stops answering.
post 1591392381 11-11-2019, 11:19 AM
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Originally Posted By 78novacaine⏩
So houses that are 2.5-3× the size cost 2.5-3× as much as an average home 40 years ago? Hmmmm, I wonder why that is?
What are you even arguing? lmao jesus christ you guys are defensive.

You are spending more of your income to buy a house today than you did 30 or 40 years ago.

I would still tell my kids to buy today, if they were in a position to do so, but housing takes a larger percentage of your paycheque today than it did before.
post 1591392431 11-11-2019, 11:19 AM
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#270
  1. BetaAsPhuck
  2. Wage Cuckin' It
  1. BetaAsPhuck
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  3. Join Date: Mar 2014
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Originally Posted By RedRusty⏩
I didn't say "respect". Never used that word. I said he has some moderate views. P.
You described him as a 'reasonable' poster, which to me is a word that implies respect for his posts. I guess you didn't mean it that way, but I am baffled by why you consider him a reasonable posters.
Literally all most conservatives do on R&P is post sarcastic comments to leftist posters, and vice versa. That's pretty much the definition of R&
People will write a couple of paragraphs, and he posts literallyone linesarcastic questions in response.

Other posters mix actual arguments in with sarcasm. IMO that is a significant difference.

I'm honestly baffled by why you find him reasonable... But OK... I don't think this is going to go anywhere.
If You Don't Like To Talk About Your Feelings, This Might Help...
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The Most Heartbreaking Thing That I've Learned About 'The Elite'.
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Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
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