Rich get richer and middle class stagnates

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I've always thought it goes without saying that we Conservatives have ALWAYS THOUGHT that government was the problem.

But they never did anything about it, at least not in terms reducing the national debt.

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Originally posted by dolemitejb:
No one, however, has blamed the government.

And who elects the government? There are too many people that will watch a 30 second commercial on TV and then go out and vote. As the song says..."we get the government we deserve".

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And who elects the government? There are too many people that will watch a 30 second commercial on TV and then go out and vote. As the song says..."we get the government we deserve".

I don't understand this either. Congressional approval ratings are extremely low while incumbent re-election is extremely high. Apparently most Americans think every member of congress is horrible except the one from their district.

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Originally posted by dolemitejb:

quote:

And who elects the government? There are too many people that will watch a 30 second commercial on TV and then go out and vote. As the song says..."we get the government we deserve".

I don't understand this either. Congressional approval ratings are extremely low while incumbent re-election is extremely high. Apparently most Americans think every member of congress is horrible except the one from their district.

It's because THEIR congressman/woman brings home the pork for THEIR districts. The old "we want spending reduced, just not in our district."

Because there are NO TERM LIMITS, the entire power system of the government is based upon seniority and people are afraid they will lose clout for their state if the kick the bums out.

quote:

Originally posted by dolemitejb:

quote:

I've always thought it goes without saying that we Conservatives have ALWAYS THOUGHT that government was the problem.

But they never did anything about it, at least not in terms reducing the national debt.

True!! Republicans support big government, Their support goes to rich people.

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Originally posted by Nobluedog:

quote:

Originally posted by dolemitejb:

quote:

I've always thought it goes without saying that we Conservatives have ALWAYS THOUGHT that government was the problem.

But they never did anything about it, at least not in terms reducing the national debt.

True!! Republicans support big government, Their support goes to rich people.

Give it a rest, mao. The union doesn't want you working on Saturdays.

Upper class, upper middle class, middle class, and lower class actually have nothing to do with CLASS, rather they are based upon wealth/income. Who decides the economic markers for where each of these classes begins and ends?

quote:

Originally posted by Nobluedog:
You get rich by inheretance, the drug cartel business, or dishonesty. The rich does not share their wealth, they keep it in the family.

Help me out here. Which category does Bill Gates fall into? Sam Walton? Bob Love? Dolly Parton? Fred Smith? Bear Bryant?

I too am wondering exactly how JJ, I mean bluedog, determines who is "rich"? Exactly what is your cut-off point? and how is it determined? I am sure beternu and snakie can give us their interpretation as well, and I assure you it will be more than whatever they make. I have never met a rich liberal who can give a consistent answer.

Ever notice that the determining measurement of "wealthy" goes up every time that COngress gets a raise? you'll never find themselves considered in that category. They are the "common" people.

JJ, this is just more of your commie/socialist propaganda. you send to spend more time worrying about yourself, rather than what someone else has.

But the level at which one is wealthy goes down, when congress raises taxes.

quote:

Originally posted by teyates:
I too am wondering exactly how JJ, I mean bluedog, determines who is "rich"? Exactly what is your cut-off point? and how is it determined? I am sure beternu and snakie can give us their interpretation as well, and I assure you it will be more than whatever they make. I have never met a rich liberal who can give a consistent answer.

Ever notice that the determining measurement of "wealthy" goes up every time that COngress gets a raise? you'll never find themselves considered in that category. They are the "common" people.

JJ, this is just more of your commie/socialist propaganda. you send to spend more time worrying about yourself, rather than what someone else has.

bluedog's definition of Evil Rich are the people that are wealthy that either believe in American Values, are Republicans, or Conservative in their policies. Surely there are no Democrats that are wealthy. If you can believe the rich we know that there are several Rich Democrats that got their money through Politics and Political deals.

It's not hard to draft Tax Laws that sock it to anyone making any amount of money when you don't pay your own taxes.

It's also interesting to note that only Private Industry Management are the Evil ones. Never the management of the Unions or our Politicians .. that is unless they are Republicans or Conservatives.

Blue's dictionary is a strange one it seems.

quote:

Originally posted by CrustyMac:

quote:

Originally posted by Nobluedog:
You get rich by inheretance, the drug cartel business, or dishonesty. The rich does not share their wealth, they keep it in the family.

Help me out here. Which category does Bill Gates fall into? Sam Walton? Bob Love? Dolly Parton? Fred Smith? Bear Bryant?

I wonder who pays blewdog's salary? A rich person or a poor person? When defacrat policies eventually cause the "rich" to keep their money in the family, then they'll find out just how much they contribute to our everyday lives.

quote:

Originally posted by CrustyMac:

quote:

Originally posted by Nobluedog:
You get rich by inheretance, the drug cartel business, or dishonesty. The rich does not share their wealth, they keep it in the family.

Help me out here. Which category does Bill Gates fall into? Sam Walton? Bob Love? Dolly Parton? Fred Smith? Bear Bryant?

Crusty, Donald Trump and Oprah (Mississippi cotton field) Winfrey called to say they were upset that they didn't make your list of Rich who didn't inherit their wealth.

It was the best I could do in 15 seconds. Mea Culpa. I thought Bear Bryant was masterful, though.

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Originally posted by CrustyMac:
It was the best I could do in 15 seconds. Mea Culpa. I thought Bear Bryant was masterful, though.

And how about the ever-present, John Wayne?

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Originally posted by zippadeedoodah:

quote:

Originally posted by mackadoo:
i work for MONEY. if you want loyalty, get yourself a dog.

Which union signs your paychecks?

Still waiting for your answer.

Even those silly Hollyweird types, get their wealth from their talent, by not drug smuggling or inheritance. Certainly, brains and intellect don't enter in to the picture for many of that crew.

Albeit, as they are expert in reading other peoples words in a convincing manner (lieing) and playing dressup, I hesitate to define that as dishonesty.

Here's a study from the Organisation for European Economic Co-operation (OEEC) which includes the 30 countries including the EU, US, Canada, Japan and Turkey.

some general observations from OECD countries during the time period 2000 to 2007 help to illuminate:

Those governments which take 40% or more of GDP in the form of taxes, the average annual rate of total revenue growth to government = 5.18%

Those governments which take less than 40% of GDP in the form of taxes, the average annual rate of total revenue growth to government = 7.21%

Those governments which take 40% or more of an average worker's income in the form of taxes, the average annual rate of revenue growth to government = 4.91%

Those governments which take less than 40% of an average worker's income in the form of taxes, the average annual rate of revenue growth to government = 7.94%

Link

Pretty much inline with the laffer curve results. Democrats raise taxes to level income not to increase revenue. This results in lower revenue and higher deficits. Not logical, of course, but did you expect logic from the left!

There you go again, Howard. Hard numbers and facts. How are we ever going to make an argument with the truth?

quote:

Originally posted by kperk:

quote:

Originally posted by CrustyMac:

quote:

Originally posted by Nobluedog:
You get rich by inheretance, the drug cartel business, or dishonesty. The rich does not share their wealth, they keep it in the family.

Help me out here. Which category does Bill Gates fall into? Sam Walton? Bob Love? Dolly Parton? Fred Smith? Bear Bryant?

I wonder who pays blewdog's salary? A rich person or a poor person? When defacrat policies eventually cause the "rich" to keep their money in the family, then they'll find out just how much they contribute to our everyday lives.

Different ones of you keep making this argument,but there are more choices.

When I worked for the Department of Agriculture, I was paid by tax payers both rich and poor.
When I worked for a bank, I was paid by the bank, not a rich or a poor person, but a corp.

When I worked for a small business (the totally most miserable time of my work life) I was barely paid by a rich person.

When I worked for TVA , I was paid by an agency , but the money came from rate payers both rich and poor.

Don't know NBD, but he may be in the same delema to answer that stupid question as I would have been.

quote:

Originally posted by excelman:

quote:

Originally posted by kperk:

quote:

Originally posted by CrustyMac:

quote:

Originally posted by Nobluedog:
You get rich by inheretance, the drug cartel business, or dishonesty. The rich does not share their wealth, they keep it in the family.

Help me out here. Which category does Bill Gates fall into? Sam Walton? Bob Love? Dolly Parton? Fred Smith? Bear Bryant?

I wonder who pays blewdog's salary? A rich person or a poor person? When defacrat policies eventually cause the "rich" to keep their money in the family, then they'll find out just how much they contribute to our everyday lives.

Different ones of you keep making this argument,but there are more choices.

When I worked for the Department of Agriculture, I was paid by tax payers both rich and poor.
When I worked for a bank, I was paid by the bank, not a rich or a poor person, but a corp.

When I worked for a small business (the totally most miserable time of my work life) I was barely paid by a rich person.

When I worked for TVA , I was paid by an agency , but the money came from rate payers both rich and poor.

Don't know NBD, but he may be in the same delema to answer that stupid question as I would have been.

I guess in a fit of anger, you forgot that corporations are in for a screwing also. That means anyone doing business with, or requesting services from those corporate entities such as banks, grocery store chains, department stores, etc; we'll pay for it over and over and over.....

quote:

Originally posted by kperk:

quote:

Originally posted by excelman:

quote:

Originally posted by kperk:
[QUOTE]Originally posted by CrustyMac:
[QUOTE]Originally posted by Nobluedog:
You get rich by inheretance, the drug cartel business, or dishonesty. The rich does not share their wealth, they keep it in the family. [/QUOTE


Help me out here. Which category does Bill Gates fall into? Sam Walton? Bob Love? Dolly Parton? Fred Smith? Bear Bryant?

I wonder who pays blewdog's salary? A rich person or a poor person? When defacrat policies eventually cause the "rich" to keep their money in the family, then they'll find out just how much they contribute to our everyday lives.

Different ones of you keep making this argument,but there are more choices.

When I worked for the Department of Agriculture, I was paid by tax payers both rich and poor.
When I worked for a bank, I was paid by the bank, not a rich or a poor person, but a corp.

When I worked for a small business (the totally most miserable time of my work life) I was barely paid by a rich person.

When I worked for TVA , I was paid by an agency , but the money came from rate payers both rich and poor.

Don't know NBD, but he may be in the same delema to answer that stupid question as I would have been.

I guess in a fit of anger, you forgot that corporations are in for a screwing also. That means anyone doing business with, or requesting services from those corporate entities such as banks, grocery store chains, department stores, etc; we'll pay for it over and over and over.....[/QUOTE
OK, I've had too much gin an tonic tonight, or maybe not quite enough, but I am at a complete loss to understand what you just said.

quote:

Originally posted by excelman:

quote:

Originally posted by kperk:

quote:

Originally posted by excelman:

quote:

Originally posted by kperk:
[QUOTE]Originally posted by CrustyMac:
[QUOTE]Originally posted by Nobluedog:
You get rich by inheretance, the drug cartel business, or dishonesty. The rich does not share their wealth, they keep it in the family. [/QUOTE


Help me out here. Which category does Bill Gates fall into? Sam Walton? Bob Love? Dolly Parton? Fred Smith? Bear Bryant?

I wonder who pays blewdog's salary? A rich person or a poor person? When defacrat policies eventually cause the "rich" to keep their money in the family, then they'll find out just how much they contribute to our everyday lives.

Different ones of you keep making this argument,but there are more choices.

When I worked for the Department of Agriculture, I was paid by tax payers both rich and poor.
When I worked for a bank, I was paid by the bank, not a rich or a poor person, but a corp.

When I worked for a small business (the totally most miserable time of my work life) I was barely paid by a rich person.

When I worked for TVA , I was paid by an agency , but the money came from rate payers both rich and poor.

Don't know NBD, but he may be in the same delema to answer that stupid question as I would have been.

I guess in a fit of anger, you forgot that corporations are in for a screwing also. That means anyone doing business with, or requesting services from those corporate entities such as banks, grocery store chains, department stores, etc; we'll pay for it over and over and over.....[/QUOTE
OK, I've had too much gin an tonic tonight, or maybe not quite enough, but I am at a complete loss to understand what you just said.

It simply means that when corporations have their taxes raised, they, in turn, raise the prices of their services or goods to offset the higher taxes. A Treasury research paper, "A Review of the Evidence on the Incidence of the Corporate Income Tax," shows that an estimated 61% of any additional corporate tax is passed on in lower wages in the short run, and around 100% in the long run.

It is estimated that a 10% increase in the corporate tax rate decreases annual gross wages by 7% percent meaning that corporate tax rates affect wage levels across countries, and that higher corporate taxes lead to lower wages. A 1% increase in corporate tax rates is associated with nearly a 1% drop in wage rates.

Their research concluded that corporations don't pay taxes, individuals pay taxes in their roles as shareholders, workers and consumers. Higher corporate taxes translate to lower dividends for shareholders, lower wages for workers and/or higher prices for consumers. According to the empirical evidence presented in this paper, it appears that a substantial burden of increases in corporate taxes fall on the workers employed by corporations. Higher corporate taxes = lower wages.

What I found to be a major surprise is that research was needed to confirm the obvious, common sense about higher taxes of any kind, on anyone. We, the consumer, pay for it; not the so-called target of the higher taxes and we will be paying out the wazoo in so many ways during the foreseeable future. So sober up!