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Tollorin
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28 Feb 2015, 11:30 pm

Because it don't work.
http://www.salon.com/2014/10/04/income_inequalitys_sick_joke_a_rising_tide_only_lifts_luxury_yachts/?utm_source=twitter&utm_medium=socialflow

And for those who say that us citizens still should vote republican because of the debt, well...
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...turn out republicans really suck in economy.



LoveNotHate
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01 Mar 2015, 1:17 am

Obama (democrat) has raised the debt more than all the prior presidents combined.

- "At the end of January 2009, the month Obama took office, the marketable debt of the U.S. government was $5,749,916,000,000"

- "By the end of January 2014, the marketable debt of the U.S. government had increased to $11,825,322,000,000".

DEBT CREATES MONEY is why they have to do this. They do this by design, or the "money" would contract.

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http://cnsnews.com/news/article/terence ... le-us-debt



RhodyStruggle
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02 Mar 2015, 3:45 pm

BURN THE POLLS YE SONS OF FREEDOM



Kraichgauer
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02 Mar 2015, 5:16 pm

LoveNotHate wrote:
Obama (democrat) has raised the debt more than all the prior presidents combined.

- "At the end of January 2009, the month Obama took office, the marketable debt of the U.S. government was $5,749,916,000,000"

- "By the end of January 2014, the marketable debt of the U.S. government had increased to $11,825,322,000,000".

DEBT CREATES MONEY is why they have to do this. They do this by design, or the "money" would contract.

Image

http://cnsnews.com/news/article/terence ... le-us-debt


In fact, Obama had added Bush's military adventurism to the national budget, which the Republicans had kept off the books. That, and Obama had to inherit Bush's colossal screw up with the short fall left by the idiot tax breaks, as well as having to bail out Bush's Wall Street friends who had nearly destroyed the economy.


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Raptor
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03 Mar 2015, 4:04 am

Kraichgauer wrote:
LoveNotHate wrote:
Obama (democrat) has raised the debt more than all the prior presidents combined.

- "At the end of January 2009, the month Obama took office, the marketable debt of the U.S. government was $5,749,916,000,000"

- "By the end of January 2014, the marketable debt of the U.S. government had increased to $11,825,322,000,000".

DEBT CREATES MONEY is why they have to do this. They do this by design, or the "money" would contract.

Image

http://cnsnews.com/news/article/terence ... le-us-debt


In fact, Obama had added Bush's military adventurism to the national budget, which the Republicans had kept off the books. That, and Obama had to inherit Bush's colossal screw up with the short fall left by the idiot tax breaks, as well as having to bail out Bush's Wall Street friends who had nearly destroyed the economy.


Hey, at least he's not a republican?
:roll: :roll:


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Kraichgauer
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03 Mar 2015, 6:37 am

Raptor wrote:
Kraichgauer wrote:
LoveNotHate wrote:
Obama (democrat) has raised the debt more than all the prior presidents combined.

- "At the end of January 2009, the month Obama took office, the marketable debt of the U.S. government was $5,749,916,000,000"

- "By the end of January 2014, the marketable debt of the U.S. government had increased to $11,825,322,000,000".

DEBT CREATES MONEY is why they have to do this. They do this by design, or the "money" would contract.

Image

http://cnsnews.com/news/article/terence ... le-us-debt


In fact, Obama had added Bush's military adventurism to the national budget, which the Republicans had kept off the books. That, and Obama had to inherit Bush's colossal screw up with the short fall left by the idiot tax breaks, as well as having to bail out Bush's Wall Street friends who had nearly destroyed the economy.


Hey, at least he's not a republican?
:roll: :roll:


I would have disliked Bush much less had he not have had such a disastrous foreign and domestic policy that left our country that much worse off, regardless of what party he belonged to.


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Fnord
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03 Mar 2015, 7:35 am

Income inequality? It's supply-and-demand in action. When you have a short supply of high-demand skills, the people with those skills can attract top dollar; but when you have an over-abundance of low-demand skills, the people with those skills have to take what they can get, even if it's nothing.

There is no reason in the world to hire one person out of thousands of people with "Art History" degrees when all you really need is one person with an MSCE certification; unless they are the same person, of course.

People get paid what their skills are worth to their employers. If an employer designs network switching devices, the "Do you want fries with that?" guy is going to get minimum wage, if he gets hired at all.

Do you want to get paid as much as a top-level programmer? Then first BE a top-level programmer!



ruveyn
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03 Mar 2015, 11:14 am

LoveNotHate wrote:
Obama (democrat) has raised the debt more than all the prior presidents combined.

- "At the end of January 2009, the month Obama took office, the marketable debt of the U.S. government was $5,749,916,000,000"

- "By the end of January 2014, the marketable debt of the U.S. government had increased to $11,825,322,000,000".

DEBT CREATES MONEY is why they have to do this. They do this by design, or the "money" would contract.

Image

http://cnsnews.com/news/article/terence ... le-us-debt


Yes, we can!! !! !



Kraichgauer
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03 Mar 2015, 11:21 am

Fnord wrote:
Income inequality? It's supply-and-demand in action. When you have a short supply of high-demand skills, the people with those skills can attract top dollar; but when you have an over-abundance of low-demand skills, the people with those skills have to take what they can get, even if it's nothing.

There is no reason in the world to hire one person out of thousands of people with "Art History" degrees when all you really need is one person with an MSCE certification; unless they are the same person, of course.

People get paid what their skills are worth to their employers. If an employer designs network switching devices, the "Do you want fries with that?" guy is going to get minimum wage, if he gets hired at all.

Do you want to get paid as much as a top-level programmer? Then first BE a top-level programmer!


That kind of economic inequality can only foster social inequality, which will in the long run erode the foundations of American liberty. Better that the free market go out the window than the very essence of what makes Americans Americans.


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ruveyn
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03 Mar 2015, 1:59 pm

Kraichgauer wrote:
Fnord wrote:
Income inequality? It's supply-and-demand in action. When you have a short supply of high-demand skills, the people with those skills can attract top dollar; but when you have an over-abundance of low-demand skills, the people with those skills have to take what they can get, even if it's nothing.

There is no reason in the world to hire one person out of thousands of people with "Art History" degrees when all you really need is one person with an MSCE certification; unless they are the same person, of course.

People get paid what their skills are worth to their employers. If an employer designs network switching devices, the "Do you want fries with that?" guy is going to get minimum wage, if he gets hired at all.

Do you want to get paid as much as a top-level programmer? Then first BE a top-level programmer!


That kind of economic inequality can only foster social inequality, which will in the long run erode the foundations of American liberty. Better that the free market go out the window than the very essence of what makes Americans Americans.


The Business of America is Business --- Calvin Coolidge

What makes us what we are is what we produce, what we buy and what we sell.

ruveyn



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03 Mar 2015, 2:09 pm

ruveyn wrote:
Kraichgauer wrote:
Fnord wrote:
Income inequality? It's supply-and-demand in action. When you have a short supply of high-demand skills, the people with those skills can attract top dollar; but when you have an over-abundance of low-demand skills, the people with those skills have to take what they can get, even if it's nothing.

There is no reason in the world to hire one person out of thousands of people with "Art History" degrees when all you really need is one person with an MSCE certification; unless they are the same person, of course.

People get paid what their skills are worth to their employers. If an employer designs network switching devices, the "Do you want fries with that?" guy is going to get minimum wage, if he gets hired at all.

Do you want to get paid as much as a top-level programmer? Then first BE a top-level programmer!


That kind of economic inequality can only foster social inequality, which will in the long run erode the foundations of American liberty. Better that the free market go out the window than the very essence of what makes Americans Americans.


The Business of America is Business --- Calvin Coolidge

What makes us what we are is what we produce, what we buy and what we sell.

ruveyn


What then of our traditions of equality before the law, and the notion that all men are created equal? Such political doctrines that make Americans what they are are surely outside the realm of economics


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Fnord
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03 Mar 2015, 5:11 pm

Kraichgauer wrote:
Fnord wrote:
Income inequality? It's supply-and-demand in action. When you have a short supply of high-demand skills, the people with those skills can attract top dollar; but when you have an over-abundance of low-demand skills, the people with those skills have to take what they can get, even if it's nothing. There is no reason in the world to hire one person out of thousands of people with "Art History" degrees when all you really need is one person with an MSCE certification; unless they are the same person, of course. People get paid what their skills are worth to their employers. If an employer designs network switching devices, the "Do you want fries with that?" guy is going to get minimum wage, if he gets hired at all. Do you want to get paid as much as a top-level programmer? Then first BE a top-level programmer!
That kind of economic inequality can only foster social inequality, which will in the long run erode the foundations of American liberty. Better that the free market go out the window than the very essence of what makes Americans Americans.
The alternative is to pay everyone the same wage, no matter what they do or how skillful they are.

Yes, let's pay the brain surgeon who graduated at the top of his class to work at the most prestigious medical research center the exact same wage as the kid who dropped out of high school to get a job selling burgers and fries at the Whack-Doodles on the corner.

"Sorry we couldn't remove all of the tumor ... would you like some fries to go?"

:lol:


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03 Mar 2015, 5:43 pm

There is no point in fixing the money issue as in the future it is going to be completely screwed. When we create efficient enough robots to make everything themselves with only human supervising then the whole economy system will come falling down. Our whole economic system is not equip for the future of humanity unless we slow down progressing this reality can possibly happen in the majority of us life times.



Kraichgauer
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03 Mar 2015, 10:25 pm

Fnord wrote:
Kraichgauer wrote:
Fnord wrote:
Income inequality? It's supply-and-demand in action. When you have a short supply of high-demand skills, the people with those skills can attract top dollar; but when you have an over-abundance of low-demand skills, the people with those skills have to take what they can get, even if it's nothing. There is no reason in the world to hire one person out of thousands of people with "Art History" degrees when all you really need is one person with an MSCE certification; unless they are the same person, of course. People get paid what their skills are worth to their employers. If an employer designs network switching devices, the "Do you want fries with that?" guy is going to get minimum wage, if he gets hired at all. Do you want to get paid as much as a top-level programmer? Then first BE a top-level programmer!
That kind of economic inequality can only foster social inequality, which will in the long run erode the foundations of American liberty. Better that the free market go out the window than the very essence of what makes Americans Americans.
The alternative is to pay everyone the same wage, no matter what they do or how skillful they are.

Yes, let's pay the brain surgeon who graduated at the top of his class to work at the most prestigious medical research center the exact same wage as the kid who dropped out of high school to get a job selling burgers and fries at the Whack-Doodles on the corner.

"Sorry we couldn't remove all of the tumor ... would you like some fries to go?"

:lol:


I don't mean that all wages should be the same, or even that all jobs are of equal worth. My point is, even those doing menial labor should be able to get a living wage by which they can obtain and keep at least middle class standing, instead of an underclass that will perpetually be treated as powerless second class citizens.


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ruveyn
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04 Mar 2015, 3:50 pm

If everyone received the same income regardless of what they do and how well they do it, what incentive would their be for undertaking difficult tasks requiring a lot of talent or even genius.

The result would be mediocrity.

On the other hand excessive income inequality is clearly a corrosive and divisive force in the society. So we need enough inequality of income to reward merit but not so much as to cause resentment and class warfare.

ruveyn



LoveNotHate
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04 Mar 2015, 4:02 pm

ruveyn wrote:
So we need enough inequality of income to reward merit but not so much as to cause resentment and class warfare.
ruveyn


But BILLIONAIRES will say they earned every penny of it.