Millionaires, Billionaires Own 79% of America's Wealth

Discussion in 'Latest US & World News' started by Horhey, Sep 29, 2020.

  1. Pollycy

    Pollycy Well-Known Member

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    Is that all? I thought the libs said they own 99.99% of everything, and, have options on the remaining .01%...!

    At least that will give these socialist losers a little something left to bitch about.... They have so little else in their useless, vapid lives.

    [​IMG]. "Yeah, like, you know, um, some RICH guy did this to me...."
     
  2. Collateral Damage

    Collateral Damage Well-Known Member

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    Apparently you don't understand what the US is. We do not exist by mob rule.

    The group you try to paint as the majority, isn't, and if you were even vaguely acquainted with USDoL laws, then you would know that tipped employees aren't just 'paid $2.50 an hour'. https://www.dol.gov/general/topic/wages/wagestips

    You would also know that States that do not have their own Minimum Wage are subject to Federal Minimum Wage laws.

    Since you can't even get past those basics, I won't bother discussing anything further, nor spend 17 minutes watching a video.
     
  3. alexa

    alexa Well-Known Member Past Donor

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    There is nothing I said and no links I gave you which in any way suggested that. I am sorry that ignorant insults are your only answer. I will remember for the future.
     
    Last edited: Oct 12, 2020
  4. Collateral Damage

    Collateral Damage Well-Known Member

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    What is insulting that you don't understand what the US is? You have made statements that show you do not have an understanding of the US. If you find that insulting, perhaps you need to read the definition of an insult.
     
  5. One Mind

    One Mind Well-Known Member Past Donor

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    In reality yes. As an abstract, no.
     
  6. One Mind

    One Mind Well-Known Member Past Donor

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    The right side boys like comparing us to Africa! They should be rounded up and given a one way ticket so they can revel in starvation poverty .
     
  7. One Mind

    One Mind Well-Known Member Past Donor

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    Lol. So some jobs are not worth a wage sufficient to survive on? Yet there are so damned many of them!

    Something is badly wrong with that. Only the owner can survive. If not for welfare the employee would literally die.

    Yet we accept it. WTF? Bogus system that exploits the weak.
     
  8. One Mind

    One Mind Well-Known Member Past Donor

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    It must be impossible for a civilization , any civilization, to provide sufficient resources to alleviate poverty. We are too stupid or uncaring to do that or it is just impossible.

    Yet a few can accumulate wealth never used as others suffer.

    We are a ****ed up species.
     
  9. (original)late

    (original)late Banned

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    I suppose, but there we leave a lot of talent on the table, and lose out, when we don't develop it..

    We can do better, a lot better.
     
  10. Have at it

    Have at it Banned

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    Eliminate government welfare and the employer would have no choice but to raise wages, simple.
     
  11. 557

    557 Well-Known Member

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    The right side boys say US poor are poor compared to Africans? Who should be rounded up, the right side boys, Africans, or US poor? And why?
     
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  12. One Mind

    One Mind Well-Known Member Past Donor

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    Didn't solve it before war on poverty and welfare. Exploitation has always been around.
     
  13. One Mind

    One Mind Well-Known Member Past Donor

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    Not quite. But they use the starving Africans as a means test for poverty. Unless you are dropping like flies, our poor are not poor at all.

    It's used to show it ain't so terrible to be homeless and eating dumpster scraps.For consider poor pot belly Africans..

    Our poor have govt supplied cell phones. So we have no poor.
     
  14. Have at it

    Have at it Banned

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    Companies used to build towns for it's workers
     
  15. BleedingHeadKen

    BleedingHeadKen Well-Known Member Past Donor

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    Then it's their wealth, not "America's wealth."

    Political power is political power. Getting rid of the wealthy won't change anything, except to create misery on a scale seen in countries like Venezuela.
     
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  16. 557

    557 Well-Known Member

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    The post I was responding to with my “compared to whom” question claimed 84% of Americans are poor, impoverished, or barely hanging on. You have to have something to compare those metrics to or they are meaningless. Our poor are equal to the middle class of many European nations we are told we ought to emulate. What exact standard would we have to raise everyone to so that the poor would be eliminated?
     
  17. (original)late

    (original)late Banned

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    Would help if you had at least a vague idea of what we're talking about.
     
  18. One Mind

    One Mind Well-Known Member Past Donor

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    Our poor are middle class in Europe?

    Not the poor in my area! People who must get welfare are not middle. Here or in Europe. Get real man!
     
  19. One Mind

    One Mind Well-Known Member Past Donor

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    I owe my soul to the company store?

    Stetson did it the compassionate way long ago. Not all did.

    Remember child labor?
     
  20. Have at it

    Have at it Banned

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    What does that have to do with my comment on eliminating government welfare will force companies to pay a higher wage?
     
  21. Have at it

    Have at it Banned

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    Go by the metrics he was asking, I have yet to see a poor person with out a Obama phone in one hand and a Obama cigarette in the other while drinking an Obama 45
     
    Last edited: Oct 16, 2020
  22. 557

    557 Well-Known Member

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    I’m always real, man. And I know a thing or two about it. I spent half my life below (sometimes well below) the poverty line.
    https://www.google.com/amp/s/fee.or...ns-are-richer-than-most-nations-of-europe/amp
    Not my favorite source but their data is sound.
    https://mises.org/wire/poor-us-are-richer-middle-class-much-europe

    Someone having less than you think they should have doesn’t make them poor. It’s all relative. Someone receiving welfare today is richer statistically based on consumption than nearly every human that’s ever lived.
     
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  23. One Mind

    One Mind Well-Known Member Past Donor

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    Look if anyone does not earn enough to meet what it takes to survive they are poor! Whether here or Europe. Not rocket science.

    Figures don't lie but liars can figure. I damn well know what poverty is. I wonder if you do? I doubt it.

    I know lots of poor, for 75 years. I lived poverty until I was 10 years old and industry moved south. You would call that poverty, middle class? Get out if town!
     
    Last edited: Oct 16, 2020
  24. One Mind

    One Mind Well-Known Member Past Donor

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    The poor hillbillies drank moonshine and chewed tobacco. Yet were really poor! No welfare.

    You guys don't know.what poverty is. Di you have to die of exposure or starvation in order to meet your definition of poverty?
     
  25. Have at it

    Have at it Banned

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    So your metrics of poor is 40 channels of television instead of 120,, got it
     
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