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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (317655)	12/27/2006 4:11:55 PM
From: combjelly	Read Replies (2) \| Respond to of 1575341

"Unless it fell off the cliff from 1973 to 1979 Krugman would be wrong." Odds are it did. Those were the years when the Oil Embargo hit, we were buffeted with shortages of various kinds, inflation started to take off with a vengeance and disco started to become popular. Along with platform shoes and polyester.

To: TimF who wrote (317655)	12/29/2006 2:16:55 PM
From: tejek	Read Replies (1) \| Respond to of 1575341

It sure looks to me like that highest quintile is kicking the piss out of the lower quintiles but then that's just me. Yes they are getting richer faster. But as long as every group is getting richer that's hardly a major problem. BS. That's pure, unadulterated garbage. That's arrogant, let-them-eat-cake BS you are spewing. The truth is the poor are getting rich only by single digits while the rich are getting rich by significant double digits and you think that's okay???!! You're amazing Tim. Back when this country was founded you would have been one of the Royalists and we would be fighting your asses for America's independence. Some things never change. And like I said to you previously......you're economists use double speak to make their points; in other words, their words to their minions is all vomit intended to make it alright for you all to sleep snugly in your warm beds without feeling any sense of guilt. Such arrogance and audacity..........

To: TimF who wrote (317655)	1/1/2007 4:11:28 PM
From: tejek	Read Replies (2) \| Respond to of 1575341

the income of the upper 1-20% is gaining at a faster rate than the incomes of the lower classes at the expense Probably true. at the expense of the lower classes Not true. In fact quite the opposite. Cut out the actions of the wealthiest and the poor and middle class will suffer. Their wealth gain isn't at the expense of less wealthy people but rather serves to benefit less wealthy people. You have absolutely no proof of that premise. Sure Paris Hilton spends money, but if that money were distributed among the poor it would still be spent. The Paris Hiltons of the world generate few jobs; its corporations that are the job engines.