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(The New York Times)   In 2010, the top 1% income earners gobbled up 93% of all income gains. The other 99% gobbled up an additional 80 bucks apiece   (nytimes.com) divider line 295
    More: Sick, income earner, Emmanuel Saez, Steven Rattner, skilled workers, Thomas Piketty, Earned Income Tax Credit, capital gains, Warren E. Buffett  
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2669 clicks; posted to Politics » on 19 May 2012 at 7:24 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-05-19 01:21:14 PM
CLASS WARFARE!!!

Oh, sorry...it's only class warfare when the small people do it.
 
2012-05-19 01:24:31 PM
TAX them. Tax them to hell and back.
 
2012-05-19 01:26:54 PM

Lionel Mandrake: CLASS WARFARE!!!

Oh, sorry...it's only class warfare when the small people do it.


MENTIONING it is class warfare.

You just hate rich people, you commie.
 
2012-05-19 01:27:57 PM
Clearly, additional tax breaks for the rich are needed to address this "problem".
 
2012-05-19 01:30:07 PM

clancifer: Clearly, additional tax breaks for the rich are needed to address this "problem".


indeed - and we need to get rid of unions as well, because they clearly are the problem. oh, and can we please get a law banning protests? the smelly unemployed people do make a golf game so unpleasant when they show up outside the gates and chant whatever sloagans poor people chant at such times.
 
2012-05-19 01:33:04 PM
I just got an $80.00 per paycheck raise, so I'm not sure if I'm getting a kick out of this or not
 
2012-05-19 02:06:19 PM
Can we sharpen up the guillotines now?
 
2012-05-19 02:26:21 PM

Chariset: Can we sharpen up the guillotines now?


I'm pretty sure with guillotines you just sharpen them without asking permission first.
 
2012-05-19 02:51:21 PM

Chariset: Can we sharpen up the guillotines now?


No. Leave them dull. Then it takes three or four drops to sever the head.

It's more entertaining for the crowd.
 
2012-05-19 03:39:43 PM
So?
 
2012-05-19 03:42:19 PM

cman: So?


you don't think massive wealth inequality is a seriously bad problem?
 
2012-05-19 03:45:50 PM

Weaver95: cman: So?

you don't think massive wealth inequality is a seriously bad problem?


I could give a damn how much money other people have. I am worried about myself.
 
2012-05-19 03:49:00 PM

cman: Weaver95: cman: So?

you don't think massive wealth inequality is a seriously bad problem?

I could give a damn how much money other people have. I am worried about myself.


in every society where there was massive imbalances in wealth and political power, that society tore itself apart. each and every time.

our society has wealth imbalances of a size rarely seen in history and they appear to be getting worse. not even the ancient roman emperors were as decadently wealthly as some of our super elites.

we're showing classic signs of a crumbling empire. we're not all the way there yet, but the trends seem to be pointing to something very bad in our future.
 
2012-05-19 03:52:26 PM

Weaver95: cman: Weaver95: cman: So?

you don't think massive wealth inequality is a seriously bad problem?

I could give a damn how much money other people have. I am worried about myself.

in every society where there was massive imbalances in wealth and political power, that society tore itself apart. each and every time.

our society has wealth imbalances of a size rarely seen in history and they appear to be getting worse. not even the ancient roman emperors were as decadently wealthly as some of our super elites.

we're showing classic signs of a crumbling empire. we're not all the way there yet, but the trends seem to be pointing to something very bad in our future.


What can be done about it?

There really isnt much. These wealthy individuals have senators on their payroll to help fit the laws to their own desires.

It seems like the only course of action would be a righteous revolution.
 
2012-05-19 04:01:15 PM

cman: What can be done about it?.


as I said - we're not quite there yet. in theory, we COULD turn this thing around. But it would require some sacrifices. the rich folks would have to accept some higher levels of taxiation. services to everyone would have to be cut back, the market would have to have some controls put back into place. we'd have to stop blowing the f*ck outta the deserts in the middle east. social security would have to be capped. we'd have to stop pretending its ok for corporations to rape/loot/pillage at will and severely punish companies for moving jobs out of the country. plus we'd have to invest heavily in infrastucture development, tear out and rebuilt intellectual property laws and make internet access a publicly owned utility. oh - and we have to get education back on track because right now we suck at teaching kids new technologies.

in short, a LOT of 'sacred cows' would end up as hamburger. everyone would lose something...right wing, left wing, moderates...we'd all have to take a hit. but our problems aren't beyond salvaging. in theory, we could be better off inside of...hmm. 10 years or so.
 
2012-05-19 04:07:22 PM

cman: So?


Empires have fallen for this reason. Revolutions have started for this reason. Countless people have died for thi9s reason

Does that answer your infantile question?
 
2012-05-19 04:29:38 PM

cman: Weaver95: cman: So?

you don't think massive wealth inequality is a seriously bad problem?

I could give a damn how much money other people have. I am worried about myself.


You should be worried, but not the way you think. Do you think when the shiat hits the fan you won't get sprayed?
 
2012-05-19 04:31:10 PM

Lionel Mandrake: cman: Weaver95: cman: So?

you don't think massive wealth inequality is a seriously bad problem?

I could give a damn how much money other people have. I am worried about myself.

You should be worried, but not the way you think. Do you think when the shiat hits the fan you won't get sprayed?


so what if the economy implodes and we tear ourselves apart with civil war 2.0, at least the GOP will have solved that pesky gay marriage problem, right?
 
2012-05-19 04:36:54 PM

Weaver95: so what if the economy implodes and we tear ourselves apart with civil war 2.0, at least the GOP will have solved that pesky gay marriage problem, right?


Gay marriage is destroying the traditional family. The traditional family is the strongest economic unit in American society. This is a proven fact. The GOP is actually looking out for our economic interests on this one.
 
2012-05-19 04:50:03 PM

Three Crooked Squirrels: The traditional family is the strongest economic unit in American society. This is a proven fact.


Citation please. No bible quotes, just facts.

The peasants are revolting. And they can make a difference.
 
2012-05-19 04:55:47 PM

Three Crooked Squirrels: Weaver95: so what if the economy implodes and we tear ourselves apart with civil war 2.0, at least the GOP will have solved that pesky gay marriage problem, right?

Gay marriage is destroying the traditional family. The traditional family is the strongest economic unit in American society. This is a proven fact. The GOP is actually looking out for our economic interests on this one.


2/10
 
2012-05-19 04:58:43 PM

clancifer: Three Crooked Squirrels: Weaver95: so what if the economy implodes and we tear ourselves apart with civil war 2.0, at least the GOP will have solved that pesky gay marriage problem, right?

Gay marriage is destroying the traditional family. The traditional family is the strongest economic unit in American society. This is a proven fact. The GOP is actually looking out for our economic interests on this one.

2/10


I think that is the first time I ever tried a troll. I think I need more misspeellings, CAPS or muslin references.
 
2012-05-19 05:04:15 PM
Don't worry guys. I have it on good authority that they are Job Creators. It's best to appease them.
 
2012-05-19 05:04:34 PM

Weaver95: clancifer: Clearly, additional tax breaks for the rich are needed to address this "problem".

indeed - and we need to get rid of unions as well, because they clearly are the problem. oh, and can we please get a law banning protests? the smelly unemployed people do make a golf game so unpleasant when they show up outside the gates and chant whatever sloagans poor people chant at such times.


Clearly, the way to fix this is to implement the "fair tax" and get rid of the earned income tax credit so the wealthy get a tax cut and the poor have "skin in the game".
 
2012-05-19 05:14:09 PM

cman: So?


I'm not sure if this is a sarcastic question or not.

Think of it like this - of all the gains in national income of the past 1 year, do you believe 93% of those gains were achieved by and solely due to the efforts of the richest 1% of Americans?

If yes, you're psychotic.

If not, you're forced to admit our social system mis-allocates the benefits of production to the richest among us.
 
2012-05-19 05:59:40 PM
*reads cman's post, promptly facepalms*

I just can't with the apathy anymore. It's making me... apathetic.
 
2012-05-19 06:24:10 PM
Meh, I got a lot more than $80 for my raise. Maybe the bottom 70% just need to work harder.
 
2012-05-19 06:43:30 PM
They just want to collect all of the wealth so they can trickle it down all at once.
 
2012-05-19 06:44:03 PM

coco ebert: I just can't with the apathy anymore. It's making me... apathetic.


Like I could be bothered to care.
 
2012-05-19 07:05:23 PM

coco ebert: *reads cman's post, promptly facepalms*

I just can't with the apathy anymore. It's making me... apathetic.


To be fair, there are some pretty systematic problems in this country that reinforce each other - massive concentration of wealth, no real independent media with a large audience, concentrated legislative power in the rich, systematic support and defense of all of this by the GOP, who can keep enough of it together no matter what because they've brainwashed a pretty large part odd this country.

I'm not convinced its fixable anymore.
 
2012-05-19 07:13:56 PM
This sort of thing should not be allowed to be reported. Reporting such information is class warfare. It may anger the almighty Job Creators, who will then take out their wrath on the little people by not creating any more jobs.
 
2012-05-19 07:18:51 PM

GAT_00: I'm not convinced its fixable anymore.


certainly not by conventional means. Machiavelli spoke about this sort of scenario in the Disccourses of Livy. According to him, a corrupt city can only become not corrupt with great effort. old laws and corrupt institutions have to be literally dug out of the city/state in question and new laws and new institutions have to be created in their place.

i'm not sure I could apply Machiavelli's teaching to our current problems without causing a LOT of dead bodies to suddenly start floating down the Potomac river. COULD it be fixed? sure. But not without cost...and you'd almost certainly have to break a whole lot of laws in the process.
 
2012-05-19 07:22:57 PM
So what are you guys doing with your $80?
 
2012-05-19 07:23:03 PM
I don't know. Maybe I'm just weird. But I have no problem when a person gets rich or stays rich because they're smart captains of industry. I only have a problem when things become unfair. I guess the problem is (and I cannot speak from experience) the vast majority of rich people have ended up doing something unsavory to make it to the big time. There are so many shades of gray between the virtuous millionaire and the rich guy who would stab his own grandmother to make a buck. I don't know where each individual in the 1% lie. I do know that there are a lot of "rich" people who put their blood, sweat and tears into their projects and businesses, and they shouldn't have to feel bad because they're successful.

People like Madoff, though, can EABOD.
 
2012-05-19 07:24:03 PM

Because People in power are Stupid: So what are you guys doing with your $80?


I bought 4 bottles of 1800 tequila.

....


hic!
 
2012-05-19 07:29:42 PM

Because People in power are Stupid: So what are you guys doing with your $80?


Used it to joined Fight Club.

/oops. Not supposed to talk about it.
 
2012-05-19 07:31:15 PM

cman: Weaver95: cman: So?

you don't think massive wealth inequality is a seriously bad problem?

I could give a damn how much money other people have. I am worried about myself.


Obviously the best solution to this problem is for everyone to individually tug on their bootstraps. There is no other option.
 
2012-05-19 07:34:31 PM

Ed Finnerty: Don't worry guys. I have it on good authority that they are Job Creators. It's best to appease them.


But I already HAVE a job. It doesn't pay all that great...that's the problem:(
 
2012-05-19 07:34:31 PM

The Sick tag?

WHY DO YOU HATE CAPITALISM, SUBBY??????
 
2012-05-19 07:38:08 PM

Weaver95: cman: Weaver95: cman: So?

you don't think massive wealth inequality is a seriously bad problem?

I could give a damn how much money other people have. I am worried about myself.

in every society where there was massive imbalances in wealth and political power, that society tore itself apart. each and every time.

our society has wealth imbalances of a size rarely seen in history and they appear to be getting worse. not even the ancient roman emperors were as decadently wealthly as some of our super elites.

we're showing classic signs of a crumbling empire. we're not all the way there yet, but the trends seem to be pointing to something very bad in our future.


Isn't that what EVERY super power has done? So isn't it kind of unavoidable?

No one gets to stay a super power forever. Our time just came and went. Hopefully you knew where your bread was buttered.
 
2012-05-19 07:38:29 PM
Has anyone noticed that those who made their fortunes are the ones who don't object to higher taxes? (Ex. Bill Gates, Warren Buffett, Mark Cuban)

It's the ones who were born on 3rd base and think they hit a triple who fight, kick and scream about raising taxes on the wealthy. (Ex. Eric Cantor, Grover Norquist, Mitt Romney)
 
2012-05-19 07:39:07 PM

xanadian: I don't know. Maybe I'm just weird. But I have no problem when a person gets rich or stays rich because they're smart captains of industry. I only have a problem when things become unfair. I guess the problem is (and I cannot speak from experience) the vast majority of rich people have ended up doing something unsavory to make it to the big time. There are so many shades of gray between the virtuous millionaire and the rich guy who would stab his own grandmother to make a buck. I don't know where each individual in the 1% lie. I do know that there are a lot of "rich" people who put their blood, sweat and tears into their projects and businesses, and they shouldn't have to feel bad because they're successful.

People like Madoff, though, can EABOD.


As Honoré de Balzac (reputedly) stated, "Behind every great fortune is a great crime."
 
2012-05-19 07:39:58 PM

Weaver95: GAT_00: I'm not convinced its fixable anymore.

certainly not by conventional means. Machiavelli spoke about this sort of scenario in the Disccourses of Livy. According to him, a corrupt city can only become not corrupt with great effort. old laws and corrupt institutions have to be literally dug out of the city/state in question and new laws and new institutions have to be created in their place.

i'm not sure I could apply Machiavelli's teaching to our current problems without causing a LOT of dead bodies to suddenly start floating down the Potomac river. COULD it be fixed? sure. But not without cost...and you'd almost certainly have to break a whole lot of laws in the process.


You are aware The Prince was sarcasm, right? It wasn't meant to be taken seriously.
 
2012-05-19 07:40:20 PM

subtard: Chariset: Can we sharpen up the guillotines now?

I'm pretty sure with guillotines you just sharpen them without asking permission first.


Why would you sharpen guillotines?
 
2012-05-19 07:40:24 PM

cman: What can be done about it?


Start by electing people who understand inequity is a problem, not a goal
 
2012-05-19 07:41:31 PM

GAT_00: You are aware The Prince was sarcasm, right? It wasn't meant to be taken seriously.


And if you'll notice, I mentioned I was referring to the Discourses, not The Prince.

incidnetally, The Prince was VERY serious. Nicolo was just trying to get out of exile, so it was rather rushed and incomplete.
 
2012-05-19 07:42:38 PM

cman: I could give a damn how much money other people have. I am worried about myself.


this is why poor people still republican, they can't grasp that only being thrown the scraps does ffect how much money they have.
 
2012-05-19 07:42:50 PM
either I need more coffee or less. I can't type worth shiat tonight. plus, this computer is getting worse with every gotdamn patch the network help desk pushes on me.
 
2012-05-19 07:43:12 PM
it's almost as if it doesn't matter who is the president...
 
2012-05-19 07:43:59 PM

Weaver95: i'm not sure I could apply Machiavelli's teaching to our current problems without causing a LOT of dead bodies to suddenly start floating down the Potomac river.


shiat. That would make wakeboarding at my parents vacation home very difficult. All those bodies to dodge?

I could make a game of it... the higher they are in congress, the more points they are worth. Double points if you can hit two in the same trick...

I like this idea....
 
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