Government Funding, the Economy & wealth Gap

[Gaius]

@Eagle-Keeper

@Gaius

The wealth gap will continue to grow,
and it’s not because rich people are greedy,
and it’s not because Ameica is broken,
and it is not because Donald
Trump hates puppies.

It is in avoadable function of technology.

And globalization. The American worker now has to compete with the same worker whose countries cost of living are a fraction of that in the US and are paid pennies on the dollar as compared to the US.

That will make growth harder,
I am not sure how much that will impact disparities.

What we really need to do regarding globalization is treat it like the symptom it is.

[WuWei]

This is one of the major problems with collectivists, they are superficial. They need “average” and “per capita” and “if.”

Cookie cutters. And they never do more than scratch the collective surface.

Why has the ratio changed? Is it “rEaGaN! cOrPAtIOnS! nEoLiBerAl!”?

What allows employers to maintain lowers wages?

I suggest you think.

[WuWei]

@Guilds

Math is hard. Even simple math for some.

Good luck.

[WuWei]

@Guilds

@Eagle-Keeper

he American worker now has to compete with the same worker whose countries cost of living are a fraction of that in the US and are paid pennies on the dollar as compared to the US.

That is true…but the government sets the rules of commerce. This is when tariffs can make sense.

That’s wrong.

[peek-a-boo]

@Guilds

Your lack of data, completes your surrender.
It was worth a shot, Mr. Data, that provides none.

Just keep denying reality…it is what the GOP/RW does…

For some reason, you can’t seem to grasp this simple concept.

There are two competing economic theories. Supply Side economic theory and Keynesian economic theory.

For the most part, liberals embrace Keynesian and Conservatives embrace supply side.

All of your fixed pie wealth transfer from the poor to the rich is centered in Keynesian economic theory. You are providing like-minded material, in an attempt to prove there was a transfer of wealth. You are then expecting me to enter that same frame of reference and disprove your argument.

I am a supply sider. The whole notion of a fixed size pie being carved up between the rich and the poor, doesn’t exist in Supply Side economic theory. Sure, I could provide like-minded supply side material. But in order for you to give it any credence, you would be asked to enter that frame of reference. We both know it isn’t remotely possible.

So, we are left with an impasse.

We can attempt to operate in a common frame of reference. Within that common frame of reference, I believe we all have agreement that the wealth gap is getting wider. Unfortunately, we can’t agree on the reason why or even whether it is necessarily a bad thing.

[WuWei]

So 8 times the wages and 10 times the home price? And that’s giving you the vapors?

There are 130M more people now than in 1970 too. Think that might have something to do with it?

Think importing low wage Venezuelans and Haitians by the millions might have something to do with it?

Think illiteracy in US public schools might have something to do with it?

Why would a pay an illiterate, woke, lazy dumbass $100K to do anything?

[WuWei]

The “average” worker more or less competent now than in 1970?

[Guilds]

@WuWei

The “average” worker more or less competent now than in 1970?

The “average” CEO more or less competent now than in 1970?

[WuWei]

The pie is not fixed and there’s not just one pie.

The CEO pie is a completely different pie than mine. In fact it’s a cake. And mine is different because I choose not to compete for that cake, it wasn’t my path.

CEOs aren’t “average” workers. Comparing them is akin to comparing the QB to the ball boy.

[Guilds]

@WuWei

CEOs aren’t “average” workers. Comparing them is akin to comparing the QB to the ball boy.

The disdain for working folks is noted. Looks like you are the elitist.

[WuWei]

@Guilds

@WuWei

The “average” worker more or less competent now than in 1970?

The “average” CEO more or less competent now than in 1970?

Differently competent, less accountable. More public.

You answered a question with a question without answering the question. Very feminine tactic. Be a man.

[WuWei]

@Guilds

@WuWei

CEOs aren’t “average” workers. Comparing them is akin to comparing the QB to the ball boy.

The disdain for working folks is noted. Looks like you are the elitist.

Does it? Are you denying they can’t read?

I am a realist.

[WuWei]

“Some people make more money than other people! NOT FAIR!”

What a dumbass way to go through life.

[Guilds]

That is not my position at all. There are many shades of gray.

[Guilds]

@WuWei

Very feminine tactic. Be a man.

Playing tough guy? Good luck, I am not impressed.

Back to ignoring your dribble.

[WuWei]

Your posts contradict your claim.

What a CEO makes has zero to do with what you make. Nothing.

It offends you (emotion) because you want to decide “enough” for other people. It’s sad.

[WuWei]

@Guilds

@WuWei

Very feminine tactic. Be a man.

Playing tough guy? Good luck, I am not impressed.

Back to ignoring your dribble.

Playing the female?

Simple observation. Statement of fact.

[Eagle-Keeper]

@Guilds

@WuWei

The “average” worker more or less competent now than in 1970?

The “average” CEO more or less competent now than in 1970?

Ever heard of GLOBALIZATION and TECHNOLOGY? That is the number one and two reason for the increase in profits now as compared to the 50’s and 60’s.

[WuWei]

I understand and don’t blame you. The light of day can be tough.

[Guilds]

@Eagle-Keeper

Ever heard of GLOBALIZATION and TECHNOLOGY? That is the number one and two reason for the increase in profits now as compared to the 50’s and 60’s.

Agreed. The problem is those increase in profits benefitted upper management and wall street for more than the workers. There are still American workers at many companies that moved a lot of manufacturing to Asia and Mexico.