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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 1591365041 11-10-2019, 10:11 PM
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#151
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Originally Posted By propreffered7⏩
Oh i agree..i think there are massive incentives to create enough to be able to pass down generations.

Im just saying i think technically the mechanisms of "hand outs" are the same thing. So if youre against "hand outs" but are for receiving large inheritances that doesnt make sense

Im talking concepts and creating new ideas from scratch not talking about the already established ownership nuances with the states seizing stuff, etc.

I just find it funny when people are like "no, dont give handouts" but "im self made cause my parents gave me 50k dollars to buy x and x" - as opposed to having to originally earn that 50k
Who do you know who's parents just gave them 50k?
post 1591365081 11-10-2019, 10:12 PM
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Originally Posted By beansieweansie⏩
I am not talking about taking money for myself but for people who dont have basic necessities... Once again you ignore what i have to say and make assumptions on who i am.
Who doesn't have the basic necessities?
post 1591365111 11-10-2019, 10:13 PM
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Originally Posted By beansieweansie⏩
Im sorry but all the personal things you guys are saying just makes you look bad and doesnt take away from the fact that im right
Actually you sound like the male version of AOC. That's not something to brag about.
post 1591365131 11-10-2019, 10:13 PM
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Originally Posted By Dave22reborn⏩
Who doesn't have the basic necessities?
And follow up question, what constitutes basic necessities? List them
post 1591365401 11-10-2019, 10:24 PM
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Originally Posted By beansieweansie⏩
I am not talking about taking money for myself but for people who dont have basic necessities... Once again you ignore what i have to say and make assumptions on who i am.
Everyone can get basic necessities if they don't blow it in the casino. IF you can't, there are hundreds of charities to help. There is 0 excuse in 2019
post 1591366631 11-10-2019, 11:06 PM
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ITT: the resident R&P dumbass right wingers failing to grasp the bigger picture

There has been a clear shift in wealth in the past 60 or so years which obviously comes with the decline in quality of life for the middle and lower class. Instead of addressing why it happened and what can be done so that there isn't a generational decline in quality of life you idiots go "just make the best of it!". Which to be far is good advice for an individual but refusing to acknowledge the macro problem that is affecting the nation as a whole is straight up cuck behavior.
post 1591367411 11-10-2019, 11:37 PM
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Originally Posted By Anachron⏩
You could move to China?
To escape cucks worshipping Trump you are suggesting I go to a place where cucks are worshipping Xi? Nah I'm good fam
post 1591367471 11-10-2019, 11:39 PM
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Originally Posted By randombrah102⏩
ITT: the resident R&P dumbass right wingers failing to grasp the bigger picture

There has been a clear shift in wealth in the past 60 or so years which obviously comes with the decline in quality of life for the middle and lower class. Instead of addressing why it happened and what can be done so that there isn't a generational decline in quality of life you idiots go "just make the best of it!". Which to be far is good advice for an individual but refusing to acknowledge the macro problem that is affecting the nation as a whole is straight up cuck behavior.
Let's hear your bright idea?
post 1591367531 11-10-2019, 11:42 PM
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Originally Posted By BigDeeps01⏩
Let's hear your bright idea?
Well step one is acknowledging its an issue. We are still on that step with America's conservatives.
post 1591367561 11-10-2019, 11:43 PM
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Originally Posted By randombrah102⏩
Well step one is acknowledging its an issue. We are still on that step with America's conservatives.
Let's assume people say "Ok yeah it may be an issue"

What next?
post 1591367731 11-10-2019, 11:56 PM
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Originally Posted By BigDeeps01⏩
Let's assume people say "Ok yeah it may be an issue"

What next?
Higher min wage. Universal healthcare. Both of those things would greatly alleviate the troubles of the lower and middle class.
post 1591367841 11-11-2019, 12:01 AM
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#162
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Originally Posted By randombrah102⏩
Higher min wage. Universal healthcare. Both of those things would greatly alleviate the troubles of the lower and middle class.
Ok, how do we pay for the universal healthcare? What do we raise the minimum wage to? Is it a federal minimum wage, or are we raising every state minimum wage / county minimum wage / city minimum wage? What do we raise the minimum wage(s) to?
post 1591367911 11-11-2019, 12:06 AM
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#163
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Man, it's so funny seeing miscers defend the 1% while they probably don't even clear up 300k per year post taxes.


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post 1591368061 11-11-2019, 12:14 AM
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#164
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Originally Posted By Omnivium⏩
It's a common misconception that rich people have all their money sitting in a bank account doing nothing. They're not just hoarding money and refusing to help people and wiping their ass with $100 bills. Most of their money is illiquid. When you look up someone's net worth, that number is mostly made up of things like their business, investments, stocks etc with only a small percentage being liquid cash

Another thing is that it's really easy to say you'd give your money away when you don't actually have it. But once you DO have it, it's a different story. Bernie Sanders is one example. He used to chit on millionaires and billionaires all the time, then he became a millionaire himself and now he only chits on billionaires. And apparently he has 3 houses and doesn't give much to charity
That dude pays less taxes than the middle class.
I don't even know how people can vote hypocrites.
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post 1591368681 11-11-2019, 12:45 AM
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#165
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Originally Posted By BigDeeps01⏩
Ok, how do we pay for the universal healthcare? What do we raise the minimum wage to? Is it a federal minimum wage, or are we raising every state minimum wage / county minimum wage / city minimum wage? What do we raise the minimum wage(s) to?
Tax. The US already spends a stupid amount on healthcare and is extremely inefficient with the money so once everything is said and done the cost will go down for most.
Min wage should vary by area due the vastly different cost of living but the federal wage should be bumped up to atleast $12. $7.25 is laughable.
post 1591368931 11-11-2019, 12:57 AM
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Originally Posted By bobbybondsfan⏩
Lets see: All of the countries are in the top 25 in freeist economies. no minimum wage, no wealth tax.
The Nordic countries also have...

Publicly funded universal healthcare.
Publicly funded education.
Publicly funded pensions.
A public sector that is larger than the U.S. (and in some cases 50% of the economy).
Affirmative action and state initiatives, regarding gender equality.
A high percentage of unionized workers.
A high tax rate (approx 45% in Nordic countries).

Do you think the 'moderate right' in U.S. would be on board with all of those initiatives?
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post 1591372741 11-11-2019, 04:25 AM
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#167
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Originally Posted By NVious⏩
Land value tax
Allowing bankruptcy on student loans
Ending immigration and deporting illegals

I lol if people think taxation would do anything, the rich can ALREADY send the government a check, I wonder why they don't do it lol.

Even if you redistributed 100% of the wealth, in 5-10 years you'd have the same distribution, this is the Pareto principle and it's a universal law you cannot escape.
Repped you for land value tax (see sig) but it isn't really true what you said about wealth distribution there. Wealth distribution in the US used be much less in favour of the richest during the New Deal era and leading all the way up till the 80s. The middle class saw fantastic real wage growth and prosperity.

The US actually used to tax rich people properly. Then after Milton Friedman/the Reagan era they deregulated, weakened labour unions and worker protections, and drastically slashed taxation on the richest, and now we're at historic wealth inequality and a middle class that has no prospects.
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BTC to $200k
post 1591373891 11-11-2019, 05:01 AM
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#168
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Originally Posted By GrammarNaziM8⏩
Man, it's so funny seeing miscers defend the 1% while they probably don't even clear up 300k per year post taxes.


This. The 1% have really done their work infiltrating conservative thought and turning it against unions and labeling anyone who questions their system as socialist. I guess that most workers in this country just don't understand that executives make the rules and the rules are always in favor of the executive. For example on 60 minutes last night the CEO of JP Morgan Chase explained away his $30M salary by saying the BOD sets his salary and he's got nothing to do with it. $30M while the average worker in his company makes $50k, that's 600x more. The fact is that BOD is made up largely of other CEOs so it's an incestuous relationship that directly benefits executives and is a major reason why wage disparity has increased so massively over the last 40 years.
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post 1591375061 11-11-2019, 05:38 AM
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good for them, they privide the wealth to everyone else. they deserve it.

the beauty of capitalism is that you too could get there if you just worked harder. thats better than never having that opportunity and then getting thrown in a gulag with the rest of your family.
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post 1591375121 11-11-2019, 05:40 AM
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Originally Posted By Brainfr33ze⏩
food, clothing, shelter

r u stoopid?
most poor people in America have big screen tvs and iphones
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post 1591375491 11-11-2019, 05:52 AM
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Originally Posted By SillieBazzillie⏩
This. The 1% have really done their work infiltrating conservative thought and turning it against unions and labeling anyone who questions their system as socialist. I guess that most workers in this country just don't understand that executives make the rules and the rules are always in favor of the executive. For example on 60 minutes last night the CEO of JP Morgan Chase explained away his $30M salary by saying the BOD sets his salary and he's got nothing to do with it. $30M while the average worker in his company makes $50k, that's 600x more. The fact is that BOD is made up largely of other CEOs so it's an incestuous relationship that directly benefits executives and is a major reason why wage disparity has increased so massively over the last 40 years.
damn your dumb. why the hell do you care what the CEOs salary is? take his $30 mil salary and split it amongst the 250,000 JP morgan employees. There you just gave everyone a $120 a year pay raise and eliminated the person with the most responsibility for everyone else to even have a job there. You are so jealous its sickening.

And yea the CEO deserves 600x the average salary because he does 600x more for the company.

people who chit on CEOs really have absolutely no clue as to what they actually do and they themselves could never even dream to be capable of 1/10th of what the CEOs are capable of. You wouldnt even last one typical 18 hour day before you tapped out
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post 1591375521 11-11-2019, 05:53 AM
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#172
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Originally Posted By randombrah102⏩
Well step one is acknowledging its an issue. We are still on that step with America's conservatives.
Here's what you do, you take a serious look at why you're not living the dream, and you do something about it. You don't blame some boogeyman for your failures.
post 1591375601 11-11-2019, 05:55 AM
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#173
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Originally Posted By randombrah102⏩
Higher min wage. Universal healthcare. Both of those things would greatly alleviate the troubles of the lower and middle class.
So you want to increase their taxes, and reduce the quality of their healthcare? You also now want businesses to start reducing hrs and slashing their benefits for that higher minimum wage?

Let me guess, you also want the good old "free" college, and while we're at it, throw in that UBI as well....
post 1591375621 11-11-2019, 05:57 AM
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#174
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Originally Posted By randombrah102⏩
Tax. The US already spends a stupid amount on healthcare and is extremely inefficient with the money so once everything is said and done the cost will go down for most.
Min wage should vary by area due the vastly different cost of living but the federal wage should be bumped up to atleast $12. $7.25 is laughable.
2/3 of the country is obese, why should I pay for their healthcare or the healthcare of smokers, drug addicts, alcoholics, etc?
post 1591375741 11-11-2019, 06:00 AM
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The volume of sheer ignorance, jealousy, stupidity, commie cocksucker nonsense in this thread is astounding.
post 1591375851 11-11-2019, 06:02 AM
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Originally Posted By Dave22reborn⏩
2/3 of the country is obese, why should I pay for their healthcare or the healthcare of smokers, drug addicts, alcoholics, etc?
because personal responsibility doesn't exist in these peoples minds.

people who advocate for universal healthcare tend not to help others in need for some strange reason. You want to redistribute wealth? well if you earn $32k, you're in the top 1% of the world, so go ahead and start sending more than 50% of your money to Africa; then they do the mental gymnastics to get out of that.
post 1591376121 11-11-2019, 06:08 AM
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Originally Posted By Brainfr33ze⏩
food, clothing, shelter

r u stoopid?
People don't have access to those things?
post 1591376251 11-11-2019, 06:12 AM
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#178
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Originally Posted By SillieBazzillie⏩
This. The 1% have really done their work infiltrating conservative thought and turning it against unions and labeling anyone who questions their system as socialist. I guess that most workers in this country just don't understand that executives make the rules and the rules are always in favor of the executive. For example on 60 minutes last night the CEO of JP Morgan Chase explained away his $30M salary by saying the BOD sets his salary and he's got nothing to do with it. $30M while the average worker in his company makes $50k, that's 600x more. The fact is that BOD is made up largely of other CEOs so it's an incestuous relationship that directly benefits executives and is a major reason why wage disparity has increased so massively over the last 40 years.
Aren't you supposedly part of the 1%?
post 1591376601 11-11-2019, 06:23 AM
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The 1% are wealthy because we gave them our money. They didn’t take from us we willingly bought their products and services, if you have a problem with their wealth stop giving them your money. Buy local and spend the little extra to support small businesses.
post 1591377021 11-11-2019, 06:33 AM
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#180
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Originally Posted By stillbored⏩
The 1% are wealthy because we have them our money. They didn’t take from us we willingly bought their products and services, if you have a problem with their wealth stop giving them your money. Buy local and spend the little extra to support small businesses.
Logic 101.

Reminds me of my one friend who ranted about how evil Walmart is after watching that "documentary" a decade ago. And yet he actually shopped there.
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