Income Inequality

[ImWaitingForTheDay]

He was wrong on the numbers. It is the top .1% in America holds as much as the bottom 90%

https://www.google.com/search?q=the+top+10%+of+the+population+controls+90%+of+the+wealth&ie=utf-8&oe=utf-8

GREAT READ...http://www.politico.com/magazine/st...ng-for-us-plutocrats-108014.html#.VQdud47F-So

 

[rickyb]

GREAT READ...http://www.politico.com/magazine/st...ng-for-us-plutocrats-108014.html#.VQdud47F-So

nick hanauer is the man.

 

[ch317273]

GREAT READ...http://www.politico.com/magazine/st...ng-for-us-plutocrats-108014.html#.VQdud47F-So

i think i saw the same article in lasts months hustler

 

[realbrown1]

competition is not always a good thing, if u use your imagination you can think of situations where u would not want to compete. competition can be a bad thing, or it can be a good thing.

do you think americans want to lower their wages to $0.25 /hr or the comparable low wages in the 3rd world just so they can stay "competitive"? thats whats happening in the US labor market anyways because of a loss of jobs is pushing down wages of workers.

i dont think an american worker who charges $10/hr is 40x better than a 3rd world worker who charges $0.25/hr, and I think the corporations agree because otherwise they wouldnt be there in the first place.

companies have been leaving america for cheap 3rd world labor for many decades now...i suppose they consider it the best at many things, otherwise they would not still be there. europeans have the best working conditions in the world, but that doesnt mean their product is that much better than americans. i dont necessarily think theres a correlation between quality of labor and cost of labor, but there obviously can be.

but i think students who are $30,000 in debt working for free at internships is a sign of economic mediocrity; and that i dont like.

When is competition NOT a good thing?

 

[ch317273]

yes lets get rid of social security and make old people work until they bend over and die. DUHHHHH!

huuuuuuuuuh??????

 

[rickyb]

When is competition NOT a good thing?

i would say u would not want to compete against someone who works for 50 cents an hour.

u would not want to compete against a country that allows alot more pollution than u.

god u guys are so brainwashed u cant even think.

most things in life can be good or bad or both. that is a balanced way of looking at things and its the truth!

 

[ch317273]

i would say u would not want to compete against someone who works for 50 cents an hour.

u would not want to compete against a country that allows alot more pollution than u.

god u guys are so brainwashed u cant even think.

most things in life can be good or bad or both. that is a balanced way of looking at things and its the truth!

Huuuuuuuuuh?????

 

[realbrown1]

i would say u would not want to compete against someone who works for 50 cents an hour.

u would not want to compete against a country that allows alot more pollution than u.

god u guys are so brainwashed u cant even think.

most things in life can be good or bad or both. that is a balanced way of looking at things and its the truth!

Just 1 small problem with your post.

THEY CAN'T MOVE MY JOB OVERSEAS.

 

[Babagounj]

i would say u would not want to compete against someone who works for 50 cents an hour.

u would not want to compete against a country that allows alot more pollution than u.

god u guys are so brainwashed u cant even think.

most things in life can be good or bad or both. that is a balanced way of looking at things and its the truth!

Let's see if this is correct .
You are comparing our society against the world's ?
Do other countries have stable forms of government ?
Is "taking a bribe " a standard way of doing business ?
If the entire world working wage was reduced to $.50/hr , where could some other countries sell their products ?
Commerce is a tricky business , rickyb best leave it to the grown ups to handle it .

 

[rickyb]

Just 1 small problem with your post.

THEY CAN'T MOVE MY JOB OVERSEAS.

thats right. i was speaking generally.

 

[rickyb]

Let's see if this is correct .
You are comparing our society against the world's ?
Do other countries have stable forms of government ?
Is "taking a bribe " a standard way of doing business ?
If the entire world working wage was reduced to $.50/hr , where could some other countries sell their products ?
Commerce is a tricky business , rickyb best leave it to the grown ups to handle it .

what?

 

[ch317273]

what?

Huuuuuuuuuuuuuuuuuuuuuh?????

 

[ImWaitingForTheDay]

Just 1 small problem with your post.

THEY CAN'T MOVE MY JOB OVERSEAS.

But they could FEDEX it......

 

[rickyb]

http://ispol.com/sasha/green/

Where 50% of America's wealth is

 

[moreluck]

 

[bbsam]

When is competition NOT a good thing?

Thank God for Fedex Ground!

 

[oldngray]

 

[wkmac]

Don't know how or what data was used to build the graphs but if true, this trend also seems to follow the transition of our economy from a manufacturing economy to a consumer/service economy. At least that is what leaped off the page at me.

 

[realbrown1]

Thank God for Fedex Ground!

Yes.

Monopolies are always bad.

 

[realbrown1]

http://ispol.com/sasha/green/

Where 50% of America's wealth is

Why is some of that post in Russian?

Going by what they say?