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Author | Topic: Wealth Distribution in the USA | |||||||||||||||||||||||||||||||||||||||||||
1.61803 Member (Idle past 1533 days) Posts: 2928 From: Lone Star State USA Joined:
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I always thought that if you pay your employees more they will in turn go out and spend more, invest more and increase the economy. But simply paying CEOs and Corporatist more does little to stimulate the economy because those types tend to acumulate weath but not spread it around. I could be wrong though.
Edited by 1.61803, : spelling"You were not there for the beginning. You will not be there for the end. Your knowledge of what is going on can only be superficial and relative" William S. Burroughs
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Straggler Member (Idle past 94 days) Posts: 10333 From: London England Joined:
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Jon writes: But it could be different. Wot...? You mean some alternative to markets rigged in favour of those those with the most wealth and power......? Surely not!! You socialist you.
Jon writes: But it could be different. Indeed. Edited by Straggler, : No reason given.
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RAZD Member (Idle past 1434 days) Posts: 20714 From: the other end of the sidewalk Joined:
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I always thought that if you pay your employees more they will in turn go out and spend more, invest more and increase the economy. But simply paying CEOs and Corporatist more does little to stimulate the economy because those types tend to acumulate weath but not spread it around. I could be wrong though. That's what Henry Ford believed, and that's what made Detroit the car central for the USA. The major problem today is wage inequality, and the tax structure should discourage this. Perhaps corporate tax rates should by (1-[lowest hrly wage/highest hrly wage]) ... pay everyone the same and you pay no taxes ...by our ability to understand Rebel American Zen Deist ... to learn ... to think ... to live ... to laugh ... to share. Join the effort to solve medical problems, AIDS/HIV, Cancer and more with Team EvC! (click)
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xongsmith Member Posts: 2587 From: massachusetts US Joined: Member Rating: 6.4 |
Was this posted here yet?
Wealth Inequality I think it was.... Adding image now:
Edited by xongsmith, : Add image, fix link title- xongsmith, 5.7d
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Pressie Member Posts: 2103 From: Pretoria, SA Joined: |
Interesting. Thanks.
Do you have any idea where politicians (Barack, Joe, George W, Dick, Bill, Al, George Original, Dan, etc.) fit into those graphs? Even lesser known prominent politicians such as Ron , Nancy, Newt, etc? Where do they fit in? What do they actually 'earn'? Those Governors of the States? Congressmen? It would be interesting to know.
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ringo Member (Idle past 441 days) Posts: 20940 From: frozen wasteland Joined: |
1.61803 writes:
My father used to tell a story about Henry Ford (which may be apocryphal):
I always thought that if you pay your employees more they will in turn go out and spend more, invest more and increase the economy. Driving in to the plant one day, Ford noticed that many of his employees were arriving on foot, on bicycles, by streetcar, etc. so he stopped and asked them why they didn't drive cars. They laughed and said, "We can't afford cars on what you pay us."
He immediately doubled their wages.
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dronestar Member Posts: 1417 From: usa Joined: Member Rating: 6.4 |
RAZD writes: The major problem today is wage inequality, Agreed. Not surprisingly, I haven't seen this story in america's corporate media, what do you think:
quote:
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Phat Member Posts: 18348 From: Denver,Colorado USA Joined: Member Rating: 1.0 |
The love of money is the root of all evil. The wealthy always win, because they have the politicians in their pocket and lawyers on their payroll. The people will only win if they are unified against the wealthy, but the wealthy trick the middle class into defecting to their side in the name of free enterprise. The middle class think that somehow they too will someday have the huge payday.
Its all rather disgusting, and is a reason that I count on unionism to get a fair wage. The wealthy wont give up anything without pressure.
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dronestar Member Posts: 1417 From: usa Joined: Member Rating: 6.4 |
Phat writes: but the wealthy trick the middle class What makes the middle class so easy to fool? Americans are famous for being stupid (according to the recent 2012 Program for International Student Assessment, the U.S. Students Slide In Global Ranking On Math, Reading, Science, U.S. Students Slide In Global Ranking On Math, Reading, Science : The Two-Way : NPR), but what about the Swiss?
Phat writes: The wealthy wont give up anything without pressure. Sheesh, all the Swiss had to do was vote. How difficult could that be?
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Theodoric Member Posts: 9201 From: Northwest, WI, USA Joined: Member Rating: 3.2
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What makes the middle class so easy to fool?
Religion.Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness.
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New Cat's Eye Inactive Member |
What makes the middle class so easy to fool?
Religion. Hmm. If religion is what made the man so easy to fool, then how was he so easily fooled into religion?
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dronestar Member Posts: 1417 From: usa Joined: Member Rating: 6.4 |
hey there Theo,
Drone writes: What makes the middle class so easy to fool? Theo writes: Religion. Well: 1. Are the Swiss particularly religious? 2. Are people stupid because they are religious or are people religious because they are stupid? 3. What about Pope Francis' recent calling of unfettered Capitalism 'Tyranny?' Will this sway the stupid?Pope Francis Calls Unfettered Capitalism 'Tyranny' | BillMoyers.com
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Theodoric Member Posts: 9201 From: Northwest, WI, USA Joined: Member Rating: 3.2 |
If religion is what made the man so easy to fool, then how was he so easily fooled into religion?
The parts of that sentence have nothing do with each other. The premise and conclusion are faulty. Logically it is flawed and has no meaning.Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness.
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Theodoric Member Posts: 9201 From: Northwest, WI, USA Joined: Member Rating: 3.2 |
1. No but they do not have the huge disparities that we see in more religious countries like the US and Latin America. Using the Swiss as an example is flawed.
2. Commission a study. 3. Of course not. The Pope is a minor player in world society and politics. Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness.
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dronestar Member Posts: 1417 From: usa Joined: Member Rating: 6.4 |
Theo writes: 1. Swiss as an example is flawed. Perhaps, but in regard to their recent anti-CEO-vote, their voting behavior should be revealing in some aspect. Can we not compare/contrast them to america in ANY respect?
Theo writes: 3. Of course not. The Pope is a minor player in world society and politics. If he keeps up with the authentic Jesus-talk, perhaps that would change?
Theo writes: 2. Commission a study. It will have to wait till I finish my current study: "Was Captain Kangaroo neither a captain nor a kangaroo?"
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