Obama and biden were in the senate prior to 2009. But that's water under the bridge. If I wanted to punish Bezos I'd cancel my prime membership. Re: the underlined, are there a large number of unemployed engineers, electricians construction and line workers? I wasn't under the impression that those were high unemployment occupations, the opposite actually.
The WSJ is behind a pay wall, so screw using them as a reference. This needs to change... One way to help fix this imbalance is to rework tax rates. Oh, boo hoo. I often make more money investing in one day than a lot of full-time workers make in a year. If we keep screwing the average guy, we could see him turn on the capitalist system. Geezuz, I just made a killing in the market while millions of Americans are going hungry.
Can I have it back? I made a little money in the market, I will give him that, up 24% from 2010 to 2016. Averaged about 4% to 5% a year under Obama. UP 63% from 2/2017 to 8/2020, up 21% per year under Trumpy. I do not profess to be a math genius but I think I can tell which is better. But all that winning may be making me delirious.
So are the NYT and the Washington Post are they now also banned by you? Bluesguy said: ↑ They note he says those making over $400,000 will “pay what they did in the Bush Administration—39.6%.” But Bush and the Republicans actually CUT the tax rate from that 39.6% to 35% So that's a whopper. Plus the cut the Obama/Biden 0.9% Medicare surtax. They then note the Republicans cut that rate to 37%, yes still over 1/3 of a persons income, and Biden wants to raise that back to the Bush rate and add 1.2% by reinstating the Pease limitations on deductions, another form of surtax and the higher earners. What needs to change and how? Oh lower GDP and wages and salaries will rise? Wages and salaries are not tied to GDP, if you want to benefit off that GDP invest in the companies that produce it. If you want to make more money then make your labor worth more. It's not going to be done by increases taxes on the higher earners, how is that going to raise your income? How juvenile. Nothing stopping them from investing or making their labor worth more Well then send 90% of it to charities to feed the poor and BTW our poor eat themselves to death. What other country does that happen in?
You can read a NYT and WP article in Incognito Mode, not to with the WSJ. If we don't fix this... ... the average guy may stop supporting the capitalist system. There are changes we can make, but telling Joe American, "If you want to make more money then make your labor worth more," isn't an answer. Nor is, "Nothing stopping them from investing or making their labor worth more." You're missing the point about the problem my graph illustrates.
They are ALL behind paywalls and not the NYT will block even in incognito so I will trust you will no longer use them a cite. Of course it's an answer your labor is only worth what you make it worth. And building wealth is a matter of investing over time, paying yourself first. I did it for 45 years and now have a very nice retirement. No I'm not and pointed out you flawed view of it.
If you put the NYT URL in Chrome Incognito, it doesn't block it. Stop judging by your abilities. I had enough money before I was 30 to never have to work another day, so I decided to teach school and invest on the side. Can it be done? Of course. Bill Gates blew by me so fast I couldn't see his tail lights. So what? A lot of people don't have the ability, or perhaps the health, to pile up assets. There are single parents who put every dime into taking care of their children. If we don't fix this... ... I suspect we'll see support evaporate for the capitalist system.
Yes it does so I trust you will not longer be citing these papers of record because they require subscriptions. I'm must an everyday man, you lot in life rest in your hands and no one else is responsible for it unless you become disabled TRULY disabled. I've worked with chronic pain and other health conditions. And have you turned over 90% of your earnings to someone else? And yes it can be done, doesn't take rocket science. As I said do not have children out of wedlock as we see with almost 80% of black births and I believe white births are approaching 50%. Again one has nothing to do with the other. Ask Trump how to increase wages and salaries as was happening before COVID hit. FULL employment in a growing economy. We had a GLUT of jobs 7,000,000 unfilled begging for people. The value of every worker went up in order for employers to retain them and hire them in the first place. A good worker became even more valuable. Stop worrying and being jealous and envious of those who start a new company that produces something the world simply loves and they make a LOT of money doing so or provide a valuable service. Or can put together capital in order to do big projects. Go do the things necessary to be able to do that. Or like most people live a very nice standard of living at a lower level. Even plumbers can make well over 6 figures these days. Go into sales and earn a commission as I did. Work your way up in that lower management by learning and then achieving for your employer. There is no better system to afford the most people with the highest opportunities and the higest standard of living and the most freedom and liberty. All the other systems that have been tried have failed on all fronts.
It doesn't help that Ceo's and board members can vote for their own pay increases. Plus corporations buy back stocks and game the system so that the stock price goes up artificial making the company look better and giving bigger bonuses to the CEO. What's the average salary of a CEO? 20 milll? I'm sure they are working harder than 220 employees and really deserve it
If you are a CEO and you have to pay 90% on income above 1 million, do you take that extra million pay that ends up being only $100,000 or hire more people and invest 1 mill in the company so that your job is easier?
CEO's do not personally finance companies or pay wages. Is it the proper function of the federal government to limit what someone can earn through taxation? Where is that laid out in the Constitution?
Voting to increase your own wages takes money away from the company that could have been invested. Where in the constitution does it say that you get to screw over the shareholders? The Shareholders are the property owners and the CEO is an employee, yet the shareholders have no real say in their pay.
CEO's don't vote the board votes and they are elected by shareholders votes and the board hires the CEO and establishes the pay, the CEO's do not personally finance the company or personally pay wages and salaries.
Who took over the Congress January 2007 a year before the recession and had the responsibilty to pass legislation to help mitigate the slowdown and then recession and then recovery?
No, it doesn't. Stop judging by your situation. So, we put a scarlet "A" on the woman's chest? Trump doesn't know $*+#. There was no desperate search for 7m workers. Projecting again? There won't be a capitalist system if you and your Trump/McConnell types don't stop screwing Joe and Jane American into the ground. Look at the graph. That's what full-time workers make. What about all the people who no longer have full-time jobs? Stop judging by your situation. You're going to leave an awful legacy when the capitalist system gets axed by Joe and Jane American who will turn on the capitalist system because greedy types wouldn't share.
I'm eating your lunch. Say g'bye to the Orange Oaf for me. "We're turning the corner!" Trump is running out of road.
Some one thousand are dying every day. The fear of getting COVID-19, particularly acute in older age groups, is killing the economy. When the virus is around, those averse to getting the virus, maybe just protecting family members, don't go to the mall, dine out, stay in hotels, fly, or even ride public transit. We have to beat back the virus before we can have a healthy economy.
Yeah, we see the bodies of the young and healthy piling up. Giggles Fear of death in older age groups is present on any given day. An 85 year old has nearly a 1 in 5 chance of death on any given day. The intelligent know this No, shrieking freaks are, and the voters know this. But by all means, keep up the histrionics. Irritated voters take out their aggression on the things that irritate them. Want some pom poms so you can cheer louder?
