Wealth inequality in America

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USA needs to increase there minimum wage, if they do people will buy more and it will create more jobs. They also needs to tax more for the rich, I don't think they mind loosing few millions besides some money whore bastards who still needs more money. The 1% worked really hard on where they are now, like Warren Buffet, Bill Gates etc
 
Minimum wage is high enough already. You can't have people working at fast food joints making over $9.00/hour. All you would do is effectively reduce the jobs if this happened because the companies would just lay off a worker (or more depending on the amount of employees) to make up the difference.

Taxing the rich doesn't work, they already get taxed a ton. Here's a perfect example for you. In California, where the toughest tax laws are on the rich, you are witnessing a mass exodus from the state. The rich and wealthy are fleeing. Films are being shot here in downtown Cleveland now ALL THE TIME. Ever heard of the movie "The Avengers"? That was shot in Cleveland. California's rich are moving away, shooting elsewhere, you can't just raise the taxes on the rich, because they are already getting taxed the most!

The wealth inequality video located above, is a joke. It's not even realistic. There are always going to be a few people (hence they are called the 1%) that are extremely rich. In a free society, it happens. The fact is that these 1%'ers are people like Mark Zuckerberg who created a corporation that literally required very little man power. So it's quite obvious that he would be the worlds youngest billionaire considering his overhead costs were so low. Did you ever see the payroll of the few people that do work for him? They are paid extremely well. There is no point in creating more overhead when it's simply not needed in some businesses. Then we have "Microsoft" owner Bill Gates, who is again up there in the 1%. He too pays his workers extremely well, but has done a fantastic job at low overhead costs when in comparison to the value of his products. It is not the top 1% that causes the issue or the separation, it isn't that in the past 30 years the rich get richer. The fact is that in the past 30 year we've had some serious booming industries that require very low overhead. The internet is the primary industry that requires very little overhead and huge lumps of profit. That's where the majority of the 1% lies is in industry related to online. GOOGLE, Yahoo, Apple, Microsoft and the list goes on. Silicon Valley makes up a great vast amount of the separation as it should be. The real problem lies in the very low 20% with individuals who are so un-motivated and lazy that it's sickening. I sha'll not carry the weight for another man who is capable of working. And unfortunately they are prevalent everywhere in this country. Furthermore moving on to the middle class. The middle class is not off "worse" than they were. I live in this country, these reports, these graphs, they don't mean a damn thing. That video up there has a bar that goes off the screen. Why? It's a punch line, a ridiculous dumbass punch line to amp up the public.

You got these morons out here who protest in front of businesses, boo hooing because they are making so much money. If people would just use their valuable time and energy like they do making graphs like this, protesting or being a fake lazy bastard sucking off the system, they would actually have money in their pockets. This country has so many money making opportunities that it's disgusting. If your stuck at the bottom of the chain (unless in some way disabled) it's your own damn fault if you live in America. Your a lazy bastard, plain and simple.

The real true solution in America isn't an easy one.

My 6 year plan that would reduce the deficit and strengthen the economy.

1.) Global funding and aid restricted 100% in all facets.
2.) Domestic EIC Tax Refunds reduced 50%.
3.) Low level income tax earners tax rebates reduced 50%.
4.) Middle class income tax earners tax increase 5%.
5.) College grants reduced 50%.
6.) Educational system funding for public schools is only granted to schools that succeed. Schools that fail will lose funding immediately.
7.) National health care system abolished.
8.) Case managers who currently handle individuals receiving Welfare, Food Stamps, Free Housing, etc will be responsible for drug screening and seeing to it that these people get jobs. The ones that refuse to work, will lose their funding.
9.) Defense budget will be cut by 50%. All foreign troops will return home for 5 years.
10.) Unemployment benefits will be reduced from 18 months, back to the original 6.
11.) Free cell phone program will cease to exist immediately.
12.) Capital Waste & Fraud seriously attacked.
13.) Grants and funding severely restrained during this 5 year period.

That there in itself could generate over $4 trillion dollars per year in additional revenue by taking in way more money and spending way less. It would be a difficult 5 years for the rest of the world and for some Americans, but once we were out of debt, we would no longer have to pay the extensive interest that we incur as a result of the current debt.

It's the reality.

After that 5 years. The final year would be for investing. The final $4 trillion will go back into the United States, in infrastructure, investment opportunities, sewer systems, etc.

---------- Post added at 07:55 PM ---------- Previous post was at 07:43 PM ----------

Thread updated*
 
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The wealth inequality video located above, is a joke. It's not even realistic.

Just look up for this video, on MANY news websites that support it with other forms of proofs. Won't even discuss, since you rejected it ignorantly.
 
Minimum wage is 10.25 here in Canada and it's not rocket science to know that when you have high minimum wage people will spend that money and that will create more jobs. Everyone needs to live decent life, aka caring for each other, that what makes a country so great. People like Warren Buffet already said to tax more, I'm pretty sure he knows better than us.
 
Minimum wage of that degree is necessary in Canada when you have an average of 41.5% owed to the government in various taxes each year. That's not even counting food, shelter and clothing.

The average taxes in the USA for someone earning $10.25 at 40 hours per week is 20-25% maximum.
 
The poor are poor because they are too damn stupid or lazy to come up with a good idea, why should they get free hand outs? Why should the rich supplement the poor? It's all these stupid videos trying to make the poor revolt against the rich, well tough luck poor people are poor because they have a crap education or because they are lazy.

People are not rich because they don't do shit all day long and twiddle their thumbs, this will sound very bad but everyone has the right to end their life if they are not happy with it, or they can do something about it and come up with an idea or start some kinda of business.

I'm sure if the roles were reversed and the 1% of the poor replace 1% of the ultra rich they would not give hand outs or anything like this because giving out free money is not how someone becomes rich or sustains their wealth, rich are rich because they watch the pennies.
 
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I think this is pretty much the same in Every country & not only in america. There is no such thing as equal distribution & it can't be done either i guess. Steps could be taken to upheaval in the income can be done by high taxation rate for Rich people & distributing that money to the poor & providing them government facilities to improve their situation.
 
Ummm... Wealth inequality is prevalent in every single country in the world. Most are farrrrrrrr worse. I.E. China where less then .01% control over 90% of the countries wealth. (Almost all happen to be politicians, or part of a family with a politician in it)

Probably not a good idea to get your info from a youtube video. Or the AFL-CIO who admittedly thinks the government should control and redistribute the wealth around. Since apparently the government does such a good job already :: Looks at 16 trillion dollar debt ::
 
Sometimes it's good to look at description of the video

http://money.cnn.com/2012/04/19/news/economy/ceo-pay/index.htm

@ To0 you have the idea that people are just plain lazy to get a job.
Well, people get fired in bulk, those who had jobs.
When you have regular paycheck, and house loan (in other words, living the american dream), and get fired, you lose everything at once.

Guess why this TED talk is banned.

[ame]http://www.youtube.com/watch?v=iIhOXCgSunc[/ame]

Screenshot from another TED talk, where claims are that data is taken from UN

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cvrle77 said:
Sometimes it's good to look at description of the video

http://money.cnn.com/2012/04/19/news...-pay/index.htm

@ To0 you have the idea that people are just plain lazy to get a job.
Well, people get fired in bulk, those who had jobs.
When you have regular paycheck, and house loan, and get fired, you lose everything at once.



I agree...

Chief executives at some of the nation's largest companies earned an average of $12.9 million in total pay last year -- 380 times more than a typical American worker, according to the AFL-CIO.

So again, quoting the AFL-CIO. Which as I already stated, is full of people who thinks the government knows how to handle your money than you. Which is obviously as far from the truth as possible.

And yes, some people are too lazy to get a job. This should come as no surprise to anyone. Hence the reason nanny states ALWAYS fail.

cvrle77 said:

You just edited again, and posted an image from Richard G. Wilkinson, who helped write the Socialist Health Association book. And works for an organization that's goals are... I quote...

Promotes health and well-being and the eradication of inequalities, in the UK and worldwide, through the application of socialist principles to society

So yet again like the AFL-CIO, you're quoting socialist/communist/marxist who misconstrues data to do the same thing you've done in several posts regarding the USA.

We get it, you hate America and everyone in it. But you should really try to be a little more honest with people on the info you promote.
 
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When you have regular paycheck, and house loan (in other words, living the american dream), and get fired, you lose everything at once

People don't lose their homes and everything immediately once they lose their job. You are severely mistaken. Foreclosures on average can take up to 3 years. That's a very long time for you to get another job and figure things out. Additionally, we have this thing called "Unemployment" here in the United States that lasts for 18 months. Someone who was clearing say $4,000/month can get $1,800/month clear. No where near the same amount, but it's enough to cover your car payments, utilities and buy food. You then set aside your house payments, notify the bank that you are searching for another job, and they give you A LOT of time to figure out what you are going to do. You make it sound like people lose their jobs and houses all in the same day :heiligenschein:. That's insanity. It takes on average 6 months for the foreclosure process to even begin! And for it to finalize can take years. Also, Chapter 13 bankruptcy, where you can be free of all debt and start over if need be. People do it all the time with their debt where they owe hundreds of thousands because they are bad spenders, debt is immediately vaporized.

Where is China at in any of these Graphs? What kind of chart is this without documenting the world's largest Richest to Poorest ratio :|.

http://cleveland.craigslist.org/jjj/index.html . There are over 800 job postings for Cleveland just today (March 13, 2013). That's not counting the surrounding areas within driving distance of Cleveland:
  • akron / canton
  • ashtabula
  • athens
  • chillicothe
  • cincinnati
  • columbus
  • dayton / springfield
  • lima / findlay
  • mansfield
  • sandusky
  • toledo
  • tuscarawas co
  • youngstown
  • zanesville / cambridge

If you add all of those cities in the mix, that's a total of more than 10,000 jobs posted just today. 1 day. This is only Craigslist. The majority of jobs are posted here: http://jobsearch.monster.com/search/?where=cleveland , where yet ANOTHER 15,000+ jobs have been posted for today in Cleveland and all surrounding areas. If you go to http://indeed.com, you will find yet another 10,000+ jobs posted just for today. If you open up newspapers, read classifieds, drive down the street you will find "Hiring" signs and advertisements everywhere.

So yes therefore my assumption is correct when I say people are LAZY. The majority of people who are at poverty level are individuals who are not receiving disability. Therefore that means they are NOT DISABLED. If they aren't disabled then they should be working. If they aren't working, then they are lazy.

There are people out there who try and don't have much sure, but they could work 2 jobs then. I work 7 days a week for what I have, I'm on call 24 hours a day. I never stop working. I'm getting paid for posting this very thread. So spare me the graphs and pie charts. Anyone can make up a graph and say "Hey look, see, everyone is richer than me!".

America is an Empire and an Empire for a reason. For people like me and the ones who work hard and innovate to succeed! I will never be poor, and that is by choice. If I lost my job today, if my company went bankrupt. I would just go back to Machining again. If I couldn't get a job there, I would work 2 jobs at fast food restaurants if need be. That's 80 hours a week times $8/hour = 640/wk, approx $500 clear. That's $2,000/month to get me by until I do find something else. All I see are excuses in this country, around the world and in this very thread. It's pathetic.

People in this country who are "poor" get FREE MONEY, FREE HOUSES, FREE FOOD, FREE UTILITIES, FREE HEALTHCARE, FREE PHONES, FREE COUNSELING, FREE BUS FARE. You just don't understand as I told you the other day in our conversation. You don't understand at all. The majority of those receiving the "FREE RIDE" as I call it, are people who aren't DISABLED.

I go Grocery Shopping and see someone in front of me with a wad of 100 dollar bills pull out a SNAP card and pay for $500 worth of food. A SNAP card is a free government food card. While I'm standing there looking at my last $500 dollars cash for the week to buy myself food for 2 weeks. Give me a damn break here. It happens all the time. People come up to me in the store asking if I would like to buy $400 worth of food off of their card for $300. It's a joke out here. This Poor to Rich doesn't mean a damn thing. Because even the POOR aren't POOR unless they want to be. It's insane! Were already a Socialist nation and people don't even know it yet :rofl:.
 
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So again, quoting the AFL-CIO. Which as I already stated, is full of people who thinks the government knows how to handle your money than you. Which is obviously as far from the truth as possible.

Seriously? So data of wealth inequality is not true, and you are all equal there? That's interesting.

We get it, you hate America and everyone in it. But you should really try to be a little more honest with people on the info you promote.

I could post data that looks about the same in my country, but my country is of 0 importance to the rest of the world...

Can you please stop using fallacies, in your speeches, and address to me with counter proofs. I don't mind being proven wrong at all. Note the word proven, as in you submitting links, videos, any proof that claims the opposite, and stop trying to somehow promote me as anti-american. If everything is right with superforce as america, and you don't influence the whole world, I probably wouldn't say anything. So, there's obvious reason why I am talking about america specifically.
 
cvrle77 said:
Seriously? So data of wealth inequality is not true, and you are all equal there? That's interesting.

Again, the information you continue to post is from socialist/marxists/communists. The data YOU posted is NOT true. Here....


cvrle77 said:
Can you please stop using fallacies, in your speeches, and address to me with counter proofs. I don't mind being proven wrong at all. Note the word proven, as in you submitting links, videos, any proof that claims the opposite, and stop trying to somehow promote me as anti-american. If everything is right with superforce as america, and you don't influence the whole world, I probably wouldn't say anything. So, there's obvious reason why I am talking about america specifically.

Goodness. Are you trolling or really just lack the intellectual ability to fully comprehend what I JUST posted? It proved your posting information from a socialist. Period. Now just admit it, or don't. Facts are facts.
 
You don't have to agree with me, but respect must be preserved, Heath, so I would like, not because I am administrator, but because I am another human being, to respect me as much as I respect you, and stay away from sentences like:"Are you trolling or really just lack the intellectual ability",no I am not trolling, nor I'm stupid. If you can't prove your point without personal attacks, don't discuss here at all.

What you are suggesting, is that someone's not right, because he's believing in socialism. Did you seriously said that? Someone's not right about something, because he has socialist views?

Ok, want wikipedia, then this will prove what's being said in the video:

http://en.wikipedia.org/wiki/Wealth_in_the_United_States#Changes_in_wealth_after_2007

http://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States

Quoting:

In 2007 (it's 2013 btw, so this gap is even bigger now) the richest 1% of the American population owned 34.6% of the country's total wealth, and the next 19% owned 50.5%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%. Financial inequality was greater than inequality in total wealth, with the top 1% of the population owning 42.7%, the next 19% of Americans owning 50.3%, and the bottom 80% owning 7%.

After the Great Recession which started in 2007, the share of total wealth owned by the top 1% of the population grew from 34.6% to 37.1%, and that owned by the top 20% of Americans grew from 85% to 87.7%. The Great Recession also caused a drop of 36.1% in median household wealth but a drop of only 11.1% for the top 1%

aPgJRIY.jpg


Not written by socialists.

This video isn't pulled from authors ass. It's reality.
 
cvrle77 said:
You don't have to agree with me, but respect must be preserved, Heath, so I would like, not because I am administrator, but because I am another human being, to respect me as much as I respect you, and stay away from sentences like:"Are you trolling or really just lack the intellectual ability",no I am not trolling, nor I'm stupid. If you can't prove your point without personal attacks, don't discuss here at all.

What you are suggesting, is that someone's not right, because he's believing in socialism. Did you seriously said that? Someone's not right about something, because he has socialist views?

Ok, want wikipedia, then this will prove what's being said in the video:

http://en.wikipedia.org/wiki/Wealth_in_the_United_States#Changes_in_wealth_after_2007

http://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States

Hopefully, you'll stop posting outdated data.

Quoting:


---Quote---
In *2007* (it's 2013 btw, so this gap is even bigger now) the richest 1% of the American population owned 34.6% of the country's total wealth, and the next 19% owned 50.5%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%. Financial inequality was greater than inequality in total wealth, with the top 1% of the population owning 42.7%, the next 19% of Americans owning 50.3%, and the bottom 80% owning 7%.[10]
---End Quote---
Image: http://i.imgur.com/aPgJRIY.jpg

Not written by socialists.

LOL. Goodness gracious man. You're not even reading what I said right, and still you're accusing me of outdated material while posting something even older..

SMH... I give up man, we'll just have to agree to disagree.
 
CV you are referencing someone who has Socialist ideals. You can't use his information because someone like that wants the wealth spread around everywhere.

Imagine if America became socialist. All the corporate competitors around the world would have a field day. No longer would we reign supreme.
 

I live in Portugal,
Small country full of monopolies, corrupt motherfukers,
and the 2nd country in the world with highest taxes because of crisis and austerity
Government invents taxes for everything to pay country's debts, this country is sinking
 
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Taxes was only created for the reason of the government people to gain so much.
it benefits few people and crushes the rest.
 
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