Quote:
Originally Posted by bb4_96
Drift Freaq,
Who is blaming the rich? The middle class are at fault. Your right they did all those things. That’s old news. To apply the word communist very liberally is the trumpet cry of those wealthy in fear of over taxation, nothing more.
|
Well by citing Robert Reich and his left leaning bullshit about redistribution of wealth you are blaming the rich because he blames the rich. Plus your own statements above cited the rich.
Quote:
Originally Posted by bb4_96
You realize that the spending of the rich doesn’t come close to the rate at which the middle class spend right? Do you know what that means? That means as more income goes to a smaller group earning less and less gets spent. Pretty easy concept. Even the have nots can get that right?
|
Perhaps we should toss the term the rich and adopt the term well off. The well off are keeping a lot of business's alive in my area when a lot of the middle class has stopped going out. That is just one example and I have seen it in other parts of the country in my travels.
Quote:
Originally Posted by bb4_96
If all the wages flatlined why did the spread grow in ‘09
The stimulus package was a stupid attempt to fix an economy that was fundamentally flawed. It didn’t matter if every penny went into middle class pockets.
No one is mad about bailouts anymore. They are mad about the bonuses
|
Again I have first hand experience with having cousins in the manufacturing business ( machine parts) in the midwest . As well as my own business and friends in the real estate business and it gives me a pretty good overall picture.
Do you have these kind of first hand facts to draw from for your theories?
As far as bonuses goes I can pretty much say that is obvious most people find some bonuses and salaries possibly out of line. Though most people do not have the knowledge on how to correct it either.
Quote:
Originally Posted by bb4_96
When you say we are in slow recovery you are slandering Warren Buffet. He believes we’ll be in the shit for at least 5 more years and i believe, he has nothing to gain from lying. We’re onbly going to see small phantom "recoveries" until the fundamental flaw is remedied. GDP viewed as a function of income holds his theory true.
|
First off do not accuse me of slandering Warren Buffet, do you even know the meaning of the word. I have said nothing about Warren Buffet and for you to say my words slander prove you do not even understand the definition of the word.
Second off, Warren Buffet even feels we are in a slow recovery. I have heard him say so first hand on CNBC. Do you even follow economics news or do you just read and spout Robert Reich rhetoric?
Phantom recoveries? LOL this shit is real and I follow out. Seriously I think you are stepping out of your league here.
Quote:
Originally Posted by bb4_96
Some of the hardest working people in america will never see 6 figures. It’s about motivation and career choice. We can’t all be doctor’s and lawyers. Some jobs no matter how hard working or educated you are aren’t going to make you rich, but they still have to be done. You must see that.
Don’t slander the middle class. As ignorant as they are they move the economy. Most of them are sulking, not crying.
|
Wow just wow there you go again. Seriously a lot of Americans have nice lives without 6 figure incomes and are perfectly happy.
It is starting to sound like this is a personal thing for you. Like you feel you are never going to be rich and have a problem with it.
Oh and there you go again saying I am slandering something I am not even doing. Please learn to use the words your using with proper definitions.
I have done nothing to put down the middle class.
Quote:
Originally Posted by bb4_96
All,
I didn’t start this thread to read fox news bedtime stories or have my intelligence insulted by being fed recent history.
Pretend the figures that the census puts out are accurate and the wealth of the nation has been pooling within the wealthiest sector. Then pretend that if it continues the limited amount of income left in the middle class will starve economic motion. With those thoughts in mind I’d like to involve creative minds in an effort to curb what is coming. What social/economical policies could be implemented in the US to stave off the inevitable over taxation of the wealthy?
|
Ok Mr thinking your being fed Fox news bedtimes stories I do not even watch Fox News. I do follow financial markets and have seen a few economic up and downs than you have.
You spout a theory from an extreme left leaning economist who spouts extreme socialist ideals.
Then in your last words you flip over to saying what could be implemented to stop taxing the wealthy? When the very thing Robert Reich speaks of is taking the money from the wealthy.
You can't seem to get your theories straight and you contradict yourself.
Basically the gist of this is you feel corporations are the bad boys. Seriously corporations helped build this country.
This whole thread is nothing but a propaganda campaign for Robert Reich's theories. Which you are purporting.