View Poll Results: The data in this video is correct?

Voters
3. You may not vote on this poll
  • yes

    3 100.00%
  • no

    0 0%
Page 1 of 6 123 ... LastLast
Results 1 to 10 of 65

Thread: Wealth Inequality in America - Is the data correct?

Hybrid View

  1. #1

    Wealth Inequality in America - Is the data correct?

    I have watched this video and would like to know if any of you has information that either debunks or verifies this.



    Thanks a lot in advance.

    Mike
    I am also a writer for Serpholic Media. You can find some of my articles here: Serpholic Media Blog

  2. #2
    You can take a look at Standford to compare.

    20 Facts About U.S. Inequality that Everyone Should Know
    The Stanford Center for the Study of Poverty and Inequality - 20 Facts About U.S. Inequality that Everyone Should Know

  3. #3
    As it is said: You are not poor because someone else is wealthy.

    The inequalities to me are for one big huge monstrous reason: GOVERNMENT!

    Put someone on welfare, and in the majority of cases, they will stay there.
    Thus skewing the spread on wealth in America.

    It is getting harder and harder to find workers who will actually work for any decent wage.
    This I know for a fact.
    Companies looking for workers are finding that people just do not want to work.
    Or people expect a cushy job and high pay.
    Our grandson, 18 and out of high school. Gets a job paying 15 bucks an hour.
    A job that damn few want to take, because it involves hard work in a factory.
    Some of the boys he went to school with, did not want to even interview, because they will wait for something better. Geesh.

  4. #4
    Quote Originally Posted by iowadawg View Post
    As it is said: You are not poor because someone else is wealthy.

    The inequalities to me are for one big huge monstrous reason: GOVERNMENT!

    Put someone on welfare, and in the majority of cases, they will stay there.
    Thus skewing the spread on wealth in America.

    It is getting harder and harder to find workers who will actually work for any decent wage.
    This I know for a fact.
    Companies looking for workers are finding that people just do not want to work.
    Or people expect a cushy job and high pay.
    Our grandson, 18 and out of high school. Gets a job paying 15 bucks an hour.
    A job that damn few want to take, because it involves hard work in a factory.
    Some of the boys he went to school with, did not want to even interview, because they will wait for something better. Geesh.
    I hear you.

    When I was working in France, I was always working more than my 8 hours per day (between 2 and 4 hours more than the regular working hours) most of Saturdays and sometimes Sundays. When I was paid and starting to buy some nice clothes, etc the co-workers that didn't want to do the overtime were jealous. I tell them, do some overtime and you will increase your buying power, but they most of them refused to work more than the regular hours.

    I can understand, that you cannot always do that when you have a family, and you want to enjoy life with them, but it is like anything else, if you are motivated you can do it.

    Now, I was very surprised that when I was employed in US, from several employers, most of them didn't want me to do any overtime, and one time an employer yelled at me because I did one hour overtime to finish a job (I learned after that they forbiden overtime). I always thought that I wasn't in the right state, because the mind set of Nevadians employers are from 50's. I had employers telling me that they didn't want to hire foreign, other are paying $10 an hour for 20 years of experience, etc I have a lot of other stories, I am sure you will not believe me. Anyway in this state the job market is a complete mess, I am just waiting that my wife get the position she wants in her company to move out of state.

    I am not making generality of the employers based on the one from our state and I don't think they are all like this in the US.

  5. #5
    I get you on the overtime for sure.
    When I worked for the USPS, I took all the overtime I could get.
    People would actually go home early, thus giving me overtime.
    And come payday....how come he makes more than me?

    Well, some companies do not go for overtime (most banks, etc.).
    And others thrive on employees who will work overtime (factories for instance).

  6. #6
    Quote Originally Posted by iowadawg View Post
    I get you on the overtime for sure.
    When I worked for the USPS, I took all the overtime I could get.
    People would actually go home early, thus giving me overtime.
    And come payday....how come he makes more than me?

    Well, some companies do not go for overtime (most banks, etc.).
    And others thrive on employees who will work overtime (factories for instance).
    Actually I always worked in the print business.


    I remember that Nicolas Sarkozy passed a bill to exempt income tax on worker's overtime which was very appreciated by the workers, employees and even unions. Since the Socialist Hollande took office, they removed this bill, funny to hear them said that they are for the middle class, what they love is taxing people to fund their mega agenda of wellfare. Most of the time their agenda destroy the economy and the middle class.

  7. Quote Originally Posted by Natural Elements View Post
    I remember that Nicolas Sarkozy passed a bill to exempt income tax on worker's overtime which was very appreciated by the workers, employees and even unions.
    At first blush, that idea seems like genius. A tax break targeted at people who work and work hard. I can see it being abused by self employed people who get to decide how they bill their hours to their own company, but other than that, how could one possibly be against such a law. Much better than the financial incentives the US provides for not working.

    Especially at the margin, we need to be incentivizing people to work, not go on welfare.

  8. #8
    That seems like an excellent idea. Reward those driven to success.

    Quote Originally Posted by Natural Elements View Post
    Actually I always worked in the print business.


    I remember that Nicolas Sarkozy passed a bill to exempt income tax on worker's overtime which was very appreciated by the workers, employees and even unions. Since the Socialist Hollande took office, they removed this bill, funny to hear them said that they are for the middle class, what they love is taxing people to fund their mega agenda of wellfare. Most of the time their agenda destroy the economy and the middle class.
    I am also a writer for Serpholic Media. You can find some of my articles here: Serpholic Media Blog

  9. #9
    I don't have any problem with 'wealth inequity' issue. So what if a small percentage of people who drive the economy make much more than others.

    Wealth inequity is a liberal political correctness term that is supposed to make you feel guilty if you work hard and don't want to share what you earn with lazy people who do not want to work at all. It all comes down to their socialist belief that there should be equality of outcome, rather than the conservative belief in equality of opportunity.


    When you get to the part in the video that demonstrates the ideal wealth graph, the wealthy only make 10 to 20 times what the poor people make. That would mean that there are no millionaires, nor are their people who have the resources to create large business. that ideal would utterly destroy the American dream.

    What A most Americans do not realize about FDR and the Great Depressions is that he tried to smooth out the wealth inequities by placing almost all of the tax burden in the wealthy. The top marginal tax rates went from about 25% in 1930 to 78% in 1935 to 94% in 1945. FDR took all of the wealth away from the job creators and used it to create temporary jobs in the government, the Civilian Conservation Corps, etc. That made it look like he was creating jobs to help people. But by doing that, it destroyed the ability for the wealthy to create jobs and we were therefore trapped in the Great Depression. It took a World War to get us out of the deep hole that FDR dug. The New Deal was really a Screw Deal.

    Of course, that is not the way that Liberals tell the story, and there is no doubt that Obama Claus would do the very same thing if he could today.

    http://visualizingeconomics.com/blog...ates-1916-2010
    "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote." -- Benjamin Franklin


  10. #10
    Quote Originally Posted by TopDogger View Post
    I don't have any problem with 'wealth inequity' issue. So what if a small percentage of people who drive the economy make much more than others.

    Wealth inequity is a liberal political correctness term that is supposed to make you feel guilty if you work hard and don't want to share what you earn with lazy people who do not want to work at all. It all comes down to their socialist belief that there should be equality of outcome, rather than the conservative belief in equality of opportunity.


    When you get to the part in the video that demonstrates the ideal wealth graph, the wealthy only make 10 to 20 times what the poor people make. That would mean that there are no millionaires, nor are their people who have the resources to create large business. that ideal would utterly destroy the American dream.

    What A most Americans do not realize about FDR and the Great Depressions is that he tried to smooth out the wealth inequities by placing almost all of the tax burden in the wealthy. The top marginal tax rates went from about 25% in 1930 to 78% in 1935 to 94% in 1945. FDR took all of the wealth away from the job creators and used it to create temporary jobs in the government, the Civilian Conservation Corps, etc. That made it look like he was creating jobs to help people. But by doing that, it destroyed the ability for the wealthy to create jobs and we were therefore trapped in the Great Depression. It took a World War to get us out of the deep hole that FDR dug. The New Deal was really a Screw Deal.

    Of course, that is not the way that Liberals tell the story, and there is no doubt that Obama Claus would do the very same thing if he could today.

    Top Marginal Tax Rates 1916-2010 — Visualizing Economics
    I take offense to your entire post, so I voted for Obama that makes me a lazy person that doesn't want to work? News flash I've worked hard for 37+ years now and I've earned everything I own! Please do me favor and DON'T try to paint everyone with some holier than thou brush. As to tax rates, well “You are entitled to your opinion. But you are not entitled to your own facts.” There are NO facts that back up this claim, but yet it's still used as a hammer to try and beat a point into this debate. May I recommend the following link:



    I'd also add that if Obama is a Socialist as some claim, what has he done to hurt capitalism? How's the Stock market doing? The Dow? Any corrupt bankers been sent to jail? LOL, it's no wonder America is in the shape it's in.

    "The New Deal was really a Screw Deal." (sigh) I truly hope you or yours never find yourselves in need.


    Anyway...

Page 1 of 6 123 ... LastLast

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •