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Alright lets do it! What would actually lower income inequality?


KINGnoob

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Time to hash it out. This topic seems to get brought up a lot in other threads so lets just duke it out here. I hear all you cry baby lefties complaining about income inequality. So lets hear it. Whats the plan to stop it?

 

Me stabbing you over and over while wearing a Richard Nixon mask.

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Time to hash it out. This topic seems to get brought up a lot in other threads so lets just duke it out here. I hear all you cry baby lefties complaining about income inequality. So lets hear it. Whats the plan to stop it?

 

All I hear is you complaining about lack of tips, oh the irony Mr flip flop.

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Sweet so this thread sucks.

 

Harder than a crack ****** mouth.

 

There is no way to create income equality across the board...nor should anyone want income equality bc it would mean the govt would seize all income and redistribute it and still fail miserably in the process.

 

Where do you get this ******** from? just where?

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There is no way to create income equality across the board...nor should anyone want income equality bc it would mean the govt would seize all income and redistribute it and still fail miserably in the process.

 

Well, what do you suggest about it? Should companies like Apple just keep on operating the way that they do? Do you consider the current process to be a success?

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Sweet so this thread sucks.

 

yeah...but then again people just yell at each other and think they are accomplishing something when in reality they are just pissing everyone off...so i'd say that barrack obama talking to itself was an exciting twist to this thread!

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Time to hash it out. This topic seems to get brought up a lot in other threads so lets just duke it out here. I hear all you cry baby lefties complaining about income inequality. So lets hear it. Whats the plan to stop it?

 

Forgive me if I haven't read something you already said but... what are your honest thoughts on this topic? Do you think the way things are currently being run is the right way?

 

Maybe your thread wouldn't suck if you didn't start it with negativity? Just a thought... :rolleyes:

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Forgive me if I haven't read something you already said but... what are your honest thoughts on this topic? Do you think the way things are currently being run is the right way?

 

Maybe your thread wouldn't suck if you didn't start it with negativity? Just a thought... :rolleyes:

 

yeah!

 

i think it's too early for me to be serious, but I think the best way for income equality would be for people as a society to not look up to people who have 20 cars and a huge house. if as a society we stopped acting like it's so "cool" to be greedy and take more than you need, maybe people would be less inclined to keep such a grossly excessive amount for themselves:eek::cool::D

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yeah!

 

i think it's too early for me to be serious' date=' but I think the best way for income equality would be for people as a society to not look up to people who have 20 cars and a huge house. if as a society we stopped acting like it's so "cool" to be greedy and take more than you need, maybe people would be less inclined to keep such a grossly excessive amount for themselves:eek::cool::D[/quote']

 

But that's the way crony capitalism works. If you aren't shipping jobs to people in foreign countries at a rate of $10 a day and buying leer jets for personal travel and taking dumps in gold toilets in your 45,000 square foot mansion, you ain't ****. It's all about maximizing profits son! That's what keeps our economy strong...

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yeah!

 

i think it's too early for me to be serious' date=' but I think the best way for income equality would be for people as a society to not look up to people who have 20 cars and a huge house. if as a society we stopped acting like it's so "cool" to be greedy and take more than you need, maybe people would be less inclined to keep such a grossly excessive amount for themselves:eek::cool::D[/quote']

 

Well, that's just not going to happen unfortunately. Using Apple as an example, people just want the product and I'd bet that most of them have no idea what Apple does to get those products made. I'd never buy an Apple product just because of that one fact alone...

 

I don't like the idea of big government, but sometimes there is no other way...

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Well' date=' that's just not going to happen unfortunately. Using Apple as an example, people just want the product and I'd bet that most of them have no idea what Apple does to get those products made. I'd never buy an Apple product just because of that one fact alone...

 

I don't like the idea of big government, but sometimes there is no other way...[/quote']

 

Big government isn't the answer either. What needs to happen is rich people, meaning the true top 13%ers, not waiters, need to stop sending their money to off shore accounts. But instead, recirculating currency back into the US economy. Oh, and the Fed needs to get disbanded instead of just printing more money at interest because said gluttons are hoarding all of our currency.

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Well' date=' that's just not going to happen unfortunately. Using Apple as an example, people just want the product and I'd bet that most of them have no idea what Apple does to get those products made. I'd never buy an Apple product just because of that one fact alone...

 

I don't like the idea of big government, but sometimes there is no other way...[/quote']

 

Yeah, but it is a small place to start. Just watching your language...and instead of us all acting like getting the trophy blonde bimbo 10 wife and 40,000 square foot house is the dream maybe we should say i'd rather have a supporting wife and great mom with a meaningful job that I enjoy going to every day

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Big government isn't the answer either. What needs to happen is rich people' date=' meaning the true top 13%ers, not waiters, need to stop sending their money to off shore accounts. But instead, recirculating currency back into the US economy. Oh, and the Fed needs to get disbanded instead of just printing more money at interest because said gluttons are hoarding all of our currency.[/quote']

 

So, what you are saying is no change. We've been leaving it up to rich people all along, it's gotten us nowhere.

 

Just gaze for a second upon Europe's failing economy. They tried it and have showed us all what the last 15 years of redistribution of wealth does.

 

So, what's to blame for America's failing economy? Also, you can't just say "Europe's failing economy", like it applies to all of Europe, it doesn't work that way. You people seem to conveniently over look countries like Sweden and Norway...

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Just gaze for a second upon Europe's failing economy. They tried it and have showed us all what the last 15 years of redistribution of wealth does.

 

Just an FYI, the EU was created to emulate the US' central banking system.(read: the Federal Reserve)

 

Another FYI, although I don't necessarily support a socialist economy, there is no denying its effectiveness in the top 5-10 economies in the world.

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Impossible to gain income equality. And like SVT said' date=' nor should their be.[/quote']

 

Income inequality and paying people what they're worth in production are 2 completely separate things altogether.

 

Also, this is anecdotal, but in my experience the higher income I receive equates to less actual work. More responsibilities of course. But far less work.

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Income inequality and paying people what they're worth in production are 2 completely separate things altogether.

 

Also' date=' this is anecdotal, but in my experience the higher income I receive equates to less actual work. More responsibilities of course. But far less work.[/quote']

 

People say the strangest things sometimes. :rolleyes:

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Why roll your eyes? One suggests everyone being paid at or about the same' date=' the other suggests paying based on worth. They're not the same thing.[/quote']

 

Because paying someone what they are worth involves taking money out of the big guy's pocket and placing it in the little guy's pocket, thus helping equalize money. No, not the same thing at all... You're an oil guy though, thus in line with the piggies.

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Because paying someone what they are worth involves taking money out of the big guy's pocket and placing it in the little guy's pocket' date=' thus helping equalize money. No, not the same thing at all... You're an oil guy though, thus in line with the piggies.[/quote']

 

Ha! I make nowhere near what fat cat oil guys make. I make decent money, but nowhere near what you have in mind I'm sure.

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Do socialist economies have income equality? No. We could chase Germany but **** that, just move there if you want. IMO income equality is a silly goal. We do need to always be reaching for improving standards of living and the only way to do that is through science.

 

There was a graph someone posted in another thread that showed lower wages dropping while higher wages increasing in the U.S. So I was thinking about it. Why would wages be dropping?

 

Supply and demand. What would a massive influx of labor do to wages? We have had in this country for the last 40 years a massive influx of labor from other countries. So the supply goes up and wages drop. That simple.

 

Now why is it that wages for tech jobs seem to always go up without it being unionized? Because we have and education gap in this country as well. And quality educated people are lacking. The jobs are numerous and the applicants are few. And we are again going outside the country to fill these rolls.

 

My solution. Abolish the department of education and the unions that are suffocating it and restart. And if we really want to control wages dropping then we have to figure out how to control illegal immigration.

 

Oh and if you think soaking the rich will fix it you are a fool.

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Cool' date=' I'm just curious to who is and isn't a money grubbing pig.[/quote']

 

So since I work hard and want the wages of my labor I'm a money grubbing pig? yet the person who doesn't work as hard or doesn't have as much liability to deal with wants to have the same wage as me (or wants me to have the same wage as him,... envy/bitterness/theft) and he is not a money grubbing pig?

 

yea buddy, I think you have that backwards.

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Ha! I make nowhere near what fat cat oil guys make. I make decent money' date=' but nowhere near what you have in mind I'm sure.[/quote']

 

I never said you made fat cat oil money, just that you work for greedy oil ******. It's about having principals, as a lot of what you say about the filthy rich seems hypocritical when you work for oil companies. It's like saying you don't support apartheid, but you buy Reebok's.

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So since I work hard and want the wages of my labor I'm a money grubbing pig? yet the person who doesn't work as hard or doesn't have as much liability to deal with wants to have the same wage as me (or wants me to have the same wage as him' date='... envy/bitterness/theft) and he is not a money grubbing pig?

 

yea buddy, I think you have that backwards.[/quote']

 

Hold up Mr. Pseudo-Christian... hard work is a matter of opinion... being a money grubbing pig is just about grabbing what you can without thinking about the world around you. Being a pig is also about what you do for a living and who you work for. The people who arguably do deserve the most money, usually make the least.

 

I am a proud money grabbing pig.

 

Even though we don't share hardly any of the same views, I find you to be one of the better contributors to this section of the forums. I salute your honesty.

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Hold up Mr. Pseudo-Christian

 

Do tell how I am a Pseudo-Christian

 

hard work is a matter of opinion...being a money grubbing pig is just about grabbing what you can without thinking about the world around you.

 

Ok great' date=' then I don't fit that description.

 

Being a pig is also about what you do for a living and who you work for.

 

Ok great, then I'm covered here as well.

 

The people who arguably do deserve the most money' date=' usually make the least.[/quote']

 

smh...I'd love to laugh...i mean hear your explanation on this one.

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Do tell how I am a Pseudo-Christian

 

 

 

Ok great' date=' then I don't fit that description.

 

 

 

Ok great, then I'm covered here as well.[/quote']

 

Hey, it's always possible that I jumped to the wrong conclusion. What do you do for a living? Do you purchase products from companies like Apple? Who do you work for?

 

Answers to those questions will make my pseudo comment true or false.

 

 

 

smh...I'd love to laugh...i mean hear your explanation on this one.

 

Most people that really give positively to our society and planet make a very poor wage, while some **** that owns a football team or acts in movie makes an absurd amount of useless money.

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Hey' date=' it's always possible that I jumped to the wrong conclusion. What do you do for a living? Do you purchase products from companies like Apple? Who do you work for?

 

Answers to those questions will make my pseudo comment true or false.[/quote']

 

 

I'm a healthcare appraiser for a small business. I've never purchased an Apple product.

 

Most people that really give positively to our society and planet make a very poor wage' date=' while some **** that owns a football team or acts in movie makes an absurd amount of useless money.[/quote']

 

I'm fine with the owner of a football team making a lot of money (since their worth is based on whether the public purchases & watches the product they are selling, and they hold all the risk), and actors as well (since they negotiate their worth based on the public spending money for their movies).

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Some countries do more to keep inequality to a realistic minimum, and whats detailed in this quote is the result, I read this on msn today, its directed at the UK but id say it applies to the US aswell as its the most unequal western nation.

 

Scandinavians top prosperity index ? should we copy them?

 

They pay vastly higher taxes than us (the UK), but the people of Norway, Denmark and Sweden are also apparently more prosperous and happier?

 

Britain is the 13th most prosperous country in the world, according to a new report.

 

The same study found that Norway (1st), Denmark and Sweden are the three most prosperous countries globally. So what should we learn from the Scandinavians?

 

The annual Legatum Prosperity Index uses wealth and wellbeing to assess 142 of the world's countries, and then ranks them accordingly. It doesn't just look at a nation's finances, but at its governance, personal freedoms, health and social capital.

 

In the latest index, the UK fell behind most other English-speaking lands, with Australia and New Zealand coming fourth and fifth, Canada sixth, Ireland tenth and the US twelfth.

 

Our highest score was for entrepreneurship and opportunity, in which the UK ranked sixth globally.

 

Higher happiness levels

Perhaps unsurprisingly, these results were closely mirrored by the first World Happiness Report, which was carried out by the Earth Institute earlier this year.

 

Again, it wasn't just wealth that was measured but also political freedom, a lack of corruption and strong social networks.

 

Which countries came top? Denmark, Norway and Finland - Scandinavian countries cleaned up again. In fact, Britain ranked eighteenth, six places behind the far poorer country of Costa Rica.

 

But what could we learn from these Scandinavian table toppers? Just what are they doing that's different to us?

 

Higher taxes

Much of the UK's current economic woe has been ascribed to high taxes and an over-involvement of government in people's lives. Certainly the current chancellor is keen to strip back government spending and, once the deficit has been brought under control, reduce taxes.

 

However, the highest-scoring countries cast doubt on the idea that high taxes are a burden. Denmark, Iceland, Norway, Sweden and Finland are often referred to as following the economic 'Nordic model'.

 

While each country has very different policies, they each tend to provide a strong safety net for citizens, as well as extensive public services such as healthcare and free education.

 

Of course, that comes with a high price tag. Tax burdens in those countries are among the highest in the world.

 

If you look at tax revenues as a percentage of gross domestic product, figures from the Heritage Foundation show that Sweden's is 47.9%, while in Norway it's 43.6%. In Denmark, that figure rises to 49%, meaning almost half the nation's GDP is taken in tax.

 

That compares to the UK where the same study shows tax revenue stands at 39% of the nation's GDP. In the USA, it's even lower at 26.9%.

 

But what are they getting for their money and do their high happiness and prosperity levels mean they're getting it right?

 

Cheaper childcare

There's no doubt at all that for UK parents, childcare costs can feel ruinous.

 

A new study this week shows that childcare costs in this country are now so high that for middle- and low-income families it isn't worth the 'second earner' returning to work.

 

The Resolution Foundation found that, in the most extreme cases, couples can find themselves just ?4 better off a week if the second adult returns to work full-time on the minimum wage, once childcare costs and the withdrawal of tax credits and benefits has been factored in.

 

However, in Norway it's all very different. Mothers can take 46 weeks' maternity leave with full pay or 56 weeks at 80% of their pay.

 

Then, when a child reaches one year of age, it's entitled to a full-time place in a day-care centre, which is heavily subsidised by the state.

 

Not only that, but the government restricts the amount that these nurseries can charge. The childcare centres themselves are highly regulated and so the standard of care is high.

 

Better benefits

The high cost of benefits is often seen as a drain on the UK's prosperity. In this country the government has promised to get tough on benefits, with chancellor George Osborne recently pledging to cut a further ?10 billion from the benefits bill.

 

However, in Sweden, things are very different. Workers join independent schemes called unemployment funds. After a year of employment, if they lose their job they are entitled to up to 80% of their normal income, although the payment is capped, for the first 200 days of unemployment.

 

After 200 days it falls to 70% of their previous normal pay until 300 days of unemployment or 450 days for parents of children under the age of 18. If you become unemployed in Norway, you'll receive more than 60% of your previous salary for up to two years.

 

Greater equality and a high minimum wage

Denmark, which came second in the global prosperity table, has the world's lowest level of income inequality, according to the World Bank.

 

Not only that, it has the world's highest minimum wage, according to the International Monetary Fund.

 

Interestingly, the country also has one of the freest labour markets in Europe, with employers able to hire and fire at will, something that the UK has strenuously resisted. Workers who lose their jobs have high security from the state.

 

With high levels of international trade, Denmark is one of the most competitive economies in the world according to a 2008 study from the World Economic Forum. It ranks sixteenth in the world for GDP per capita.

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I never said you made fat cat oil money' date=' just that you work for greedy oil ******. It's about having principals, as a lot of what you say about the filthy rich seems hypocritical when you work for oil companies. It's like saying you don't support apartheid, but you buy Reebok's.[/quote']

 

Lol, or its about me working in a high paying field that drives industry. Without oil, gas, and natural gas we would still be tinkering with steam power. I don't say the things about the filthy rich that I do because they make money. I say them because they can use those assets to circumvent systems that the rest of us have to abide by. I couldn't care less that you think I'm a money grubbing pig. My family living a good life free of poverty is all I care about. Next you'll be blaming me for wars...

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