RE: Bad News with a silver lining
November 8, 2014 at 12:28 pm
(This post was last modified: November 8, 2014 at 12:54 pm by Heywood.)
(November 8, 2014 at 1:33 am)simplemoss Wrote: The bottom line is the wages for the lowest classes of society remain stagnant while profits dramatically increase for the owners " or job creators" ( as you like too call them) since the 80's. When Reaganomics trickle down economics or whatever you wanna call "give too the rich fuck the poor" economics took effect.
Comapring our lives too the lives of people a century ago and attributing it too one thing is just as absurd as saying black people were better off as slaves then they were in Africa.
You don't have to go back 100 years. Going back 100 years makes it easier to see the effect.....but you can look back to the 1960s or 1970s or virtually any time. Our economy doesn't fuck the poor. Our economy makes the poor better off faster than it makes the rich better off. People with an agenda show you cherry picked numbers to brain wash you into thinking the poor are getting fucked. They aren't. People with an agenda want to appeal to your emotions instead of asking you the think objectively.
Why is Reagan's tax cut "trickle down economics" but when democrats John F Kennedy and Lyndon Johnson cut income taxes accross the board by 20% it is not? "Trickle down Economics" or "Reaganomics" was a lot more than just tax cuts.
The four pillars of Reaganomics were
- Reduce growth in government spending
- Reduces taxes
- Tighten the money supply to reduce inflation
- Reduce regulation
(November 8, 2014 at 11:12 am)wolf39us Wrote: If the man was fully white his birth certificate would never have been questioned and you know it
Bullshit,
McCain is fully white and his birth certificate was subpoenaed to challenge his eligibility to be president. McCain was born in the Panama Canal Zone, although some demobirthers claimed he wasn't born in the canal zone but in Panama itself. If you changed the circumstances so Obama was a republican...the whack jobs on the left would have had their own birther movement. The reason Obama's birth was challenged was because circumstances surrounding is birth and publications about him before he became a well known public figure presented an opportunity to be challenged and members of the opposition took it.
Obama's birth certificate was challenged not because he is black. Such a notion is silly. He was challenged on this issue because certain elements of his opposition would do everything in their power to challenge his credibility to be president. If circumstances were exactly the same except Obama was white, the birther movement would still have occurred with substantially the same vigor.
(November 8, 2014 at 2:29 am)Parkers Tan Wrote: What you're ignoring is that limited income necessarily implies limits to standards of living. No matter how the rich choose to live, unemployed or underemployed folk will not have the ability to raise their standard of living, precisely because the widening income gap gives the wealthy inordinately more power to use in shaping the economic policies of the country ... which then redirects wealth even further away from the lower and middle classes, as the numbers demonstrate.
If you took the income of all the wealthy people and divided it up amoung everyone else, you would see no change in the peoples standard of living. To increase standard of living you have to produce more stuff. Real things, cars, houses, food, clean water, etc are what go into making a decent standard of living....not income.
Even people with little or no income have seen gains in their standard of living. I'd rather be homeless today than homeless in the 1930s