Wealth inequality, you okay with it? (1 Viewer)

[IC FBGCav]

Sure.  Wealth isn't a zero-sum proposition.  The fact that Jeff Bezos is really, really rich doesn't make anybody else poorer. 

(Poor people enjoy higher standards of living thanks to Jeff Bezos, which makes this argument doubly-strange).

This is just an ignorant statement with zero facts to back it up.

 

[IC FBGCav]

Exactly. I wonder how many jobs they have created? 

Do some research.

 

[IC FBGCav]

You guys all can circle high 5 without facts.

 

[John Blutarsky]

Do some research.

It won't be hard to see the positive benefits they have created by their efforts. 

 

[IvanKaramazov]

This is just an ignorant statement with zero facts to back it up.

Have another drink.

 

[IC FBGCav]

It won't be hard to see the positive benefits they have created by their efforts. 

So you are too lazy to find out if Amazon created more jobs than they destroyed and the pay of those job?

 

[John Blutarsky]

So you are too lazy to find out if Amazon created more jobs than they destroyed and the pay of those job?

We aren't just talking about Amazon. HTH

 

[IC FBGCav]

We aren't just talking about Amazon. HTH

No crap, I don't come to my stances and positions through politicians.  I actually use economists.

 

[John Blutarsky]

Nope but truth is truth for this situation.

Good luck with that. 

 

[IvanKaramazov]

No crap, I don't come to my stances and positions through politicians.  I actually use economists.

Oh my.

 

[H Jass]

Oh my.

Lol, he meant North Dakotan economists; the trustworthy ones.

 

[Grace Under Pressure]

The point is that the government is serving the interests of the ultra wealthy and corporations and they should be serving the interests of 99% of us. It’s not about demonizing Bezos or anyone else. There should be a tax code that makes sense, for starters. It’s unbelievable to me that people can’t see the Tax Bill for what is was. Wealth is good. Extremely concentrated wealth in a few thousand households and then a government that works for their interests isn't how is should be. 

 

[IvanKaramazov]

The point is that the government is serving the interests of the ultra wealthy and corporations and they should be serving the interests of 99% of us. It’s not about demonizing Bezos or anyone else. There should be a tax code rhat makes sense, for starters. It’s unbelievable to me that people can’t see the Tax Bill for what is was. Wealth is good. Extremely concentrated wealth in a few thousaand households and then a government that works for their interests isnt how is should be. 

I most likely don't agree with your overall worldview, but this is a good argument that moves the discussion forward.  

 

[jon_mx]

Wealth inequity is a great thing.  It provides the incentives for people to succeed and accomplish great things.  The US has accomplished great things because of it.   But there needs to be some balance.  Probably the biggest problem is we allow  income to be sheltered in the form of ownership in stocks which can grow to huge sums of wealth without any taxation.  

 

[dkp993]

The point is that the government is serving the interests of the ultra wealthy and corporations and they should be serving the interests of 99% of us. It’s not about demonizing Bezos or anyone else. There should be a tax code rhat makes sense, for starters. It’s unbelievable to me that people can’t see the Tax Bill for what is was. Wealth is good. Extremely concentrated wealth in a few thousaand households and then a government that works for their interests isnt how is should be. 

Well said.  

 

[Ilov80s]

Wealth inequity is a great thing.  It provides the incentives for people to succeed and accomplish great things.  The US has accomplished great things because of it.   But there needs to be some balance.  Probably the biggest problem is we allow  income to be sheltered in the form of ownership in stocks which can grow to huge sums of wealth without any taxation.  

The issue is the extreme level of inequality not inequality itself.

 

[Ilov80s]

Exactly. I wonder how many jobs they have created? 

How many jobs did they also destroy? It’s not a zero sum game and I do think these “captains of industry” do have a positive impact but they also have negative impacts. Balance is important. In general mostly new businesses are the ones creating jobs. Existing companies tend to be job destroyers.

 

[Leroy Hoard]

The point is that the government is serving the interests of the ultra wealthy and corporations and they should be serving the interests of 99% of us. It’s not about demonizing Bezos or anyone else. There should be a tax code that makes sense, for starters. It’s unbelievable to me that people can’t see the Tax Bill for what is was. Wealth is good. Extremely concentrated wealth in a few thousand households and then a government that works for their interests isn't how is should be. 

 

[Politician Spock]

The point is that the government is serving the interests of the ultra wealthy and corporations and they should be serving the interests of 99% of us. It’s not about demonizing Bezos or anyone else. There should be a tax code that makes sense, for starters. It’s unbelievable to me that people can’t see the Tax Bill for what is was. Wealth is good. Extremely concentrated wealth in a few thousand households and then a government that works for their interests isn't how is should be. 

It's called a plutocracy.... and yes we currently live in one.