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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (113243)9/7/2015 3:15:06 PM
From: Metacomet1 Recommendation

Recommended By
ggersh

  Read Replies (2) | Respond to of 218534
 
Sure wish one'o these fiscal whizzes we have here could explain either, that this in error, or in the alternative, how the US economy is sustainable with 90% of the population surviving on the 10% of the income and wealth that trickles down, which the the pigs haven't figured out how to get......yet..

..go Donald




To: ggersh who wrote (113243)9/7/2015 3:40:55 PM
From: bart13  Read Replies (1) | Respond to of 218534
 
I italicized the part that addresses the 1% and probably upper 10% - "Stagnant wages have occurred in almost all segments, it's far from exclusive to minimum wage workers."

Indeed, poverty has existed since day one, virtually everywhere. I'd really love to see trustable stats on it since LBJ's War On Poverty. Do you have any sources for even reasonably reliable US or world poverty stats? And is it your sense that there's more or less poverty in Asia for example since 2000?

Nowhere have I ever said or implied that I approve of disappearing small businesses. Do you believe that WalMart benefits the poor in any way, or are they completely evil? Same question on Target...

Add in the favored tax treatment on hedge fund "profits" to tax havens etc.
But while we're on taxes, what should the average total tax rate be for both average/median Americans total income and the 1%ers? Should there be *any* "loopholes" to encourage investments in "whatever"?