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PostPosted: Mon Mar 04, 2013 10:18 am
 


If you think that the cries of Occupy are overblown, watch this video to see how good the top 1% in the US really has it.



I'd say that that video clearly shows just how much wealth and income the 1% has and why things need to change, even if only a little bit.


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PostPosted: Mon Mar 04, 2013 11:15 am
 


Egalitarian claptrap. So what that someone else has more than you do? You fix the problem by increasing your income, not by spitefully and punitively taxing someone else.


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PostPosted: Mon Mar 04, 2013 11:17 am
 


It's amazing how some people can be set for life and be protected from any mistakes that would send any normal person into ruin. It really must be nice to be an American billionaire or a Canadian Senator.


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PostPosted: Mon Mar 04, 2013 11:30 am
 


BartSimpson wrote:
Egalitarian claptrap. So what that someone else has more than you do? You fix the problem by increasing your income, not by spitefully and punitively taxing someone else.

It's not spiteful nor punitive to have the people who've most benefited from national infrastructure pay the most to build and maintain it.


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PostPosted: Mon Mar 04, 2013 11:31 am
 


bootlegga wrote:
If you think that the cries of Occupy are overblown, watch this video to see how good the top 1% in the US really has it.

I'd say that that video clearly shows just how much wealth and income the 1% has and why things need to change, even if only a little bit.


But why do things need to change?

There's all these articles and videos about inequality and how implying how awful it is yet not explaining why it's so awful.


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PostPosted: Mon Mar 04, 2013 11:45 am
 


OnTheIce wrote:
bootlegga wrote:
If you think that the cries of Occupy are overblown, watch this video to see how good the top 1% in the US really has it.

I'd say that that video clearly shows just how much wealth and income the 1% has and why things need to change, even if only a little bit.


But why do things need to change?

There's all these articles and videos about inequality and how implying how awful it is yet not explaining why it's so awful.


If you watched the video, then you'd know that the top 1% earned 9% of income in 1976, yet by 2012, that had skyrocketed to 24%. I'd say that is awful - especially because that growth has come at the expense of the lower and middle classes.

What has changed so drastically since then to allow one segment of the population (and a very small one at that) to nearly triple their income while everyone else's dropped significantly?

I'm not saying we need to go to socialism and re-distribute everything, but would a return to 1976 levels really be that awful? Hardly...heck even if they gave back 10% (top 1% incomes increased to only 14% from 1976), it would provide a large cushion for the lower and middle classes.


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PostPosted: Mon Mar 04, 2013 11:51 am
 


If anybody had been reading my posts, they would realize what's wrong with high wealth inequality. It costs money in terms of health and crime and lost productivity. Kids raised in poverty have different brain development - we're stunting people for life. What does it cost us to import people to fill our jobs while we neglect Canadians who will just suck off the govt tit for life? The Scandinavian countries seem to have this figured out, why can't we? (And we of course, do much better here than the US, but our inequality is increasing faster than theirs.)


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PostPosted: Mon Mar 04, 2013 12:10 pm
 


Lemmy wrote:
BartSimpson wrote:
Egalitarian claptrap. So what that someone else has more than you do? You fix the problem by increasing your income, not by spitefully and punitively taxing someone else.


It's not spiteful nor punitive to have the people who've most benefited from national infrastructure pay the most to build and maintain it.


Ah, so you want these people to pay for railroads, highways, sewer systems, and etc. and not just tax the hell out of them to support the 67% of the US Federal budget that goes to wealth transfers to the 47% of people who take more from the public treasury than they give to it?


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PostPosted: Mon Mar 04, 2013 12:11 pm
 


andyt wrote:
(And we of course, do much better here than the US, but our inequality is increasing faster than theirs.)


Sure, some Canadians are getting richer as Canada's economy grows - but how does that make anyone in Canada worse off? [huh]


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PostPosted: Mon Mar 04, 2013 12:17 pm
 


BartSimpson wrote:
Ah, so you want these people to pay for railroads, highways, sewer systems, and etc. and not just tax the hell out of them to support the 67% of the US Federal budget that goes to wealth transfers to the 47% of people who take more from the public treasury than they give to it?

Now you're moving away from practical reality and into the realm of philosophical wish-making. Philosophically, I support massive reductions in the size of government. In a perfect world, the budget would be a pittance of what it is. But whatever spending choices are made by government, they should be overwhelmingly financed by those most able to pay and who most overwhelmingly benefit from whatever system you've created.


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PostPosted: Mon Mar 04, 2013 12:20 pm
 


Lemmy wrote:
Now you're moving away from practical reality and into the realm of philosophical wish-making. Philosophically, I support massive reductions in the size of government. In a perfect world, the budget would be a pittance of what it is. But whatever spending choices are made by government, they should be overwhelmingly financed by those most able to pay and who most overwhelmingly benefit from whatever system you've created.


From each according to his ability to each according to his need, eh?


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PostPosted: Mon Mar 04, 2013 12:28 pm
 


BartSimpson wrote:
Lemmy wrote:
Now you're moving away from practical reality and into the realm of philosophical wish-making. Philosophically, I support massive reductions in the size of government. In a perfect world, the budget would be a pittance of what it is. But whatever spending choices are made by government, they should be overwhelmingly financed by those most able to pay and who most overwhelmingly benefit from whatever system you've created.


From each according to his ability to each according to his need, eh?

Depends. What "need" has the average American of most things that your government spends its tax dollars on? Most of the things that your government has chosen to be "necessary" benefit the rich; everyone else, not so much.


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PostPosted: Mon Mar 04, 2013 12:37 pm
 


bootlegga wrote:

If you watched the video, then you'd know that the top 1% earned 9% of income in 1976, yet by 2012, that had skyrocketed to 24%. I'd say that is awful - especially because that growth has come at the expense of the lower and middle classes.


Has it really?

Poverty levels in this Country have been dropping consistently for the last 60 years.


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PostPosted: Mon Mar 04, 2013 12:38 pm
 


The rich don't need a tax reduction just like the middle class don't need a tax increase


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PostPosted: Mon Mar 04, 2013 12:44 pm
 


Thing is, look at all the other societies in the past where inequality went rampant. The lower class did decide to do something about it and the middle class followed along. If inequality accelerates in the USA, those constitutionally protected weapons just might just be used by the 99% against the 1%.

The only other possibility is turning the country into another NK.


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