Professor Richard Wolff on Urban Income Inequality

Listen, Pause, and Reflect on Professor Richard Wolf's incisive analysis. You right-wingers can't hold a candle to detract anything from what he says! Go back to Nazi Germany!!!

[video=youtube;JJ01nLBFWV4]https://www.youtube.com/watch?v=JJ01nLBFWV4[/video]

 

Labor compensation is based on supply and demand. If I own a cab company and I can hire cab drivers at $40,000 per year, why on God's green earth would I pay them $60,000 per year?

We are generally paid the market value of our skills. The only exceptions are union members, who are artificially paid a higher amount than what their skill set deserves.

If someone wants a better job, go back to school or get additional training.

America is a land of equal opportunity, not equal results.

 

Keep linking Richard Wolff vids here. Every time you do, a centrist moves more to the right. Watching Wolff babble on ignorantly is a a perfect example of how leftist talking points can be counterproductive and put Trump in the WH.

 

Very misleading claptrap.Under Obama More Millionaires have been created
than ever before in our history.Plus Obama rewards those in Government jobs
with Bonuses and pay promotions and also exemptions.
The Mortgage crisis was due to the Democrats mandating that Home Mortgage
applications be lessened.No Down Payment reguired for first time Home
buyers { unheard of before }. No Income verification in many cases.
Plus what about Obama's emergency stimulus bill of $ 862 Billion.
That went to blue states in order to shore up and keep from firing teachers
and state bureaucrats.
Another big novelty is under Obama's 2 terms the Inflation rate was hardly
ever mentioned.Inflation was The most key concern of Fed guys like
Alan Greenspan.Under Obama Inflation like Unemployment was a problem.
But the Obama regime tried to camouflage it.They camouflauged the Unemployment
rate but couldn't the Growth Rate { GDP }.
These are hard economic factors that directly spell out the health of an
Economy.Just spinning some tale of woe about stagnant wages is liberal
University Professor talk. What Former Obama economic adviser Austan
Goolsbee teaches at the University of Chicago.Numbers are easy to manipulate.
Obama taught the Electorate that lesson.
Saudi Kings don't have a better quality of Life than say a Bavarian Duke
or the Queen of Denmark.They just have Lots more moola.

 

LOL, his solution'= "WE shouldn't distribute it (wealth) so unequally in the first place"? OK, I get it, he prefers Fidel's model where all the wealth is held by a brutal dictator and then token amounts are distributed equally to the masses. So, if you're that pissed about US markets and freedom, sounds to me like you'd be very happy in Cuba. Heck, if that's the system you long for, why wait?....you can catch a plane to that social/economic paradise destination almost any day of the week.

 

It's completely unfair that this guy is a professor. Let's make everyone a professor! How dare he flaunt his privilege in front of the downtrodden!

How much do you think Mr. Wolff makes per year? Do you think he'd be willing to settle for say $15k per year in salary?

 

And with all the Hullabaloo these Democrats make come election time and
the need for Higher Education { College }.Plus democrats using college
professors to help implement Democrats agenda like Free College tuition.
How come College tuitions are increasingly very high.
Can't have it both ways.That kids need college assistance programs
beyond student loans which Democrats are also trying to exempt.
If this Profs cares so much about Affordable Living wages,then try looking
in yer own backyard and the often astronomical cost of attending college.

 

It's not income that matters. It's class stand. Do you think there are no republicans and rightie extremists in ghettos and housing projects?

 

Guess what class is generally based on. Yeah. Income.

 

2+2=4.

 

Sometimes I have to read things 3 or 4 times because I can't believe someone would actually post that.

 

He commits the Fallacy of Equivocation by equivocating Income and Wealth.

 

Market value and poverty level aren't tied, that's the problem.