$106,000 more for the 1 percent

[OrangeEmpire]

How can a man be so level headed when defending a falsely accused man and yet so stupid when it comes to economics.

Exactly, makes no sense

 

[lawgator1]

How can a man be so level headed when defending a falsely accused man and yet so stupid when it comes to economics.

Correction: I am not defending the man, I am defending the process by which it is determined what happened and what can be proven to have happened, relative to the law on the subject.

 

[T-TownVol]

Correction: I am not defending the man, I am defending the process by which it is determined what happened and what can be proven to have happened, relative to the law on the subject.

Once again you think that you know every on else's thoughts.......I was referring to the fact that you are an attorney for people that are falsely accused......not any one particular case....great defense of your intellect by the way

 

[n_huffhines]

Might have been true in the early 1900s.

Been proven to be a myth in modern economic times.

Trickledown is bullshiite.

Really? I'd love to see this proof, because since the 1900s the rich have gotten richer, and so have the poor.

 

[n_huffhines]

Even in recessions, the poor tend to improve their standards of living. Historical perspective helps, LG. I wouldn't trade places with Rockefeller. Hell, I wouldn't trade places with the richest man from 1970. He might've been the richest man in the world, but he didn't have the internet, cell phones, etc.

Impoverished Americans live better than Rockefeller, IMO. Think about that next time you claim the free market produces unfair outcomes.

 

[OrangeEmpire]

Even in recessions, the poor tend to improve their standards of living. Historical perspective helps, LG. I wouldn't trade places with Rockefeller. Hell, I wouldn't trade places with the richest man from 1970. He might've been the richest man in the world, but he didn't have the internet, cell phones, etc.

Impoverished Americans live better than Rockefeller, IMO. Think about that next time you claim the free market produces unfair outcomes.

Dang straight

 

[RespectTradition]

That's how much more on average they made in 2010.

The 99 %? Eighty bucks.


Folks, if something isn't done to change the distribution of income in this country and very, very soon, that kind of thing is going to be our undoing.

You really need to read this article. Try it with an open mind.

Forget About Income Inequality - Reason Magazine

 

[NEO]

That's how much more on average they made in 2010.

The 99 %? Eighty bucks.


Folks, if something isn't done to change the distribution of income in this country and very, very soon, that kind of thing is going to be our undoing.

1% group is a wide margin LG.

$500,000 a year gets you into that bracket and that is not the same as Bill Gates.

I make enough to be a 1% but Bill Gates could buy and sell me like I was toilet paper.

 

[OrangeEmpire]

1% group is a wide margin LG.

$500,000 a year gets you into that bracket and that is not the same as Bill Gates.

I make enough to be a 1% but Bill Gates could buy and sell me like I was toilet paper.

The latter


lol

 

[RespectTradition]

New brand of toilet paper!

NeoconSoft!

It is the softest, most absorbant toilet paper... except when it randomly waterboards you in your toilet if it detects you reading the NY Times while pooping!

 

[volinbham]

You really need to read this article. Try it with an open mind.

Forget About Income Inequality - Reason Magazine

Interesting article. Two points in particular are worth repeating:

1. Individual income is a better metric than household income with regard to weath distribution

2. The personal well being gap as measured by access to basic products/services has been narrowing - not growing

 

[RespectTradition]

Interesting article. Two points in particular are worth repeating:

1. Individual income is a better metric than household income with regard to weath distribution

2. The personal well being gap as measured by access to basic products/services has been narrowing - not growing

Yeah.

I think this paragraph is very telling:

Many progressives paraded the October Congressional Budget Office finding that between 1979 and 2007 after-tax income of the top 1 percent of households grew 275 percent. They failed to mention that the same study also found a 65 percent income gain in households in the top quintile; for those in the 21st through 80th range, 40 percent; and the bottom quintile, 18 percent. In short, no group lost ground.

Maybe a rising tide does lift all boats.

 

[Rasputin_Vol]

End the Bush tax cuts for those making over $250,00 a year.

Tax investment income the same as ordinary working income.

Use the money to combo pay down the deficit, increase education spending, create bailout program for middle class families underwater on mortgages, invest in energy technologies like natural gas for automobiles.

Tomorrow.

Whats highlighted in red doesn't go along with what is highlighted in green. :unsure: