Government Funding, the Economy & wealth Gap

[SixFoot]

The outright worship of government by domesticated libs is reaching Kiwi Level.

[Guilds]

@SpadeMarlowe

Everything they did was a massive distribution of wealth.

We can choose to redistribute wealth to the morbidly rich, or use that wealth to help more people with various social safety net programs, and ways for everyday people to gain more skills or education to be able to earn better living.

No one should have to file bankruptcy for getting sick or injured. Sadly, that is far too common in the USA.

[Camp]

Greedy doctors and nurses.

[peek-a-boo]

@Guilds

In some ways, yes. In the USA much of the compensation for CEO’s and upper management is based on the stock price. the insatiable drive to grow double digits causes, as you said, short term decisions vs long term strategies. Look as what happen to Boeing. Stock buy backs should be illegal for most of the 20th century,until 1982.

CEO-to-worker pay ratio in the United States is about 300X In the EU, it is about 100X

A better work life balance would be better for most people.

So again, it goes back to equity. The health of the nation is secondary, as long as CEOs don’t make more than LIBs believe they should.

Why doesn’t that surprise me?

[Guilds]

@coolidge

Just food for thought for the left who always cries for government to do more to fix their so called wealth gap. One man in history should show what happens when government intervenes his name is Rockefeller.

We eventually enacted the Sherman act, and broke up his monopolies…as the government did allow that to happen prior to that law. Sadly, that law that is still on the books, is rarely enforced today.

[Guilds]

@peek-a-boo

Just look at our nuclear power paralysis. The industry is so overregulated, that we can no longer build a cost-effective nuclear power plant.

What insurance company will insure a new nuclear power plant?

[peek-a-boo]

@Guilds

Job growth has been notably greater under Democratic presidents than Republican presidents since the early 1980s. Looking at the last seven presidents, job growth totaled over 50 million under Democratic presidents compared to only 17 million under Republican presidents.Oct 7, 2024

CNN reported in September 2020 that GDP grew 4.1% on average under Democrats, versus 2.5% under Republicans, from 1945 through the second quarter of 2020.

You can’t simply make those kinds of statements, without linking to studies that can be reviewed for underlying assumptions.

[peek-a-boo]

@Guilds

They basically are…

They really aren’t.

[peek-a-boo]

@Guilds

We can choose to redistribute wealth to the morbidly rich, or use that wealth to help more people with various social safety net programs, and ways for everyday people to gain more skills or education to be able to earn better living.

Here is a thought. How about the Government doesn’t redistribute wealth at all. It isn’t their job.

[peek-a-boo]

@Guilds

What insurance company will insure a new nuclear power plant?

The same consortium that insures our current 57 nuclear power plants.

Government overregulation is the problem, not lack of insurance.

[Guilds]

@DougBH

Do we? If the pay of all company executives was distributed to the lower grade workers, how much would there saleries increase?
More likely the effect you are talking about is due to fewer complex or heavy assembly manual jobs in favor of advanced technology and service jobs. Massive illegal immigration doesn’t help those wages either.
You are seeking a nineteenth century solution to a twenty first century problem.

We do not have massive illegal immigration. The lack of well paid jobs for the working class were mainly outsourced to other countries. In the trades, a union white man and union brown man makes the same wage. If you are talking about the underground economy, or where corps knowingly hire illegal workers, that can be addressed, but pols are not willing to go there. That may cost them donations from the same corps.

[Guilds]

@gooddad409

He gave you the facts whether you accept them or not.

No, he gave his opinion…not facts. Just as you did.

[Guilds]

@Camp

Greedy doctors and nurses.

Greedy insurance companies that provide zero healthcare.

[biggestal99]

@peek-a-boo

When it comes to big government, less is always better.

of course that is the opinion of the small government people.

for the me and my ilk, big government is good.

right now the SG has the upper hand. but once people find out how truly bad it will become, the tide will reverse and BG will again control the Government.

Allan

[Guilds]

@peek-a-boo

So again, it goes back to equity. The health of the nation is secondary, as long as CEOs don’t make more than LIBs believe they should.

Why doesn’t that surprise me?

How much wealth is enough? History shows when a small group of people have the majority of the wealth, it is a recipe for discord, instability and an eventual revolution of some kind.

There should be some kind of cap on wealth. No one needs more than 1000 millions of dollars. Hell, half a billion is even too much. This can be capped through taxation.

We used to do that…and the economy did quite well, and many got very rich. Just not morbidly rich.

[gooddad409]

@peek-a-boo

@Guilds

We can choose to redistribute wealth to the morbidly rich, or use that wealth to help more people with various social safety net programs, and ways for everyday people to gain more skills or education to be able to earn better living.

Here is a thought. How about the Government doesn’t redistribute wealth at all. It isn’t their job.

A great many libs vote for liberal politicians hoping they will redistribute our money to themselves.

Take money from the working class (taxes) and distribute it to the nonworking class.

Working harder, smarter, and getting more education to close their own wealth gap they don’t seem to care for.

[Guilds]

@peek-a-boo

You can’t simply make those kinds of statements, without linking to studies that can be reviewed for underlying assumptions.

Both are from Wiki. Which references where the numbers come from.

[NCREDSTATE]

@peek-a-boo

You can’t simply make those kinds of statements, without linking to studies that can be reviewed for underlying assumptions.

He is not making statements, he just copies and pastes.

[Guilds]

@peek-a-boo

Here is a thought. How about the Government doesn’t redistribute wealth at all. It isn’t their job.

I disagree. Whoever sets the rules of commerce, redistributes the wealth. Should we have industry do that? Or the people? (it would be better if the people who do that, cannot be bribed by industry)

[Camp]

Telemedicine…AI…There isn’t going to be much no matter who runs it.

Sure would hate for the Mangione’s of the world to target government bureaucrats instead of CEOs.

It isn’t going to change.

People need to stay fit and pray.