Padawanbater2
Well-Known Member
Deny deny deny
Deny deny deny
what the fuck is wrong with you? are you huffing spray paint?So when taxes go DOWN on the upper class, why doesn't recover increase for the lower and middle class? Why do we see the complete opposite, lower taxes on the upper class = higher economic inequality & the same prices of consumer goods and services
Do you just delude yourself all day with this bullshit?
still havent figured out how to make your argument ehh Toby?another fabricated quote falsely attributed to me, demonstrating that Toby cant make his argument
what the fuck is wrong with you? are you huffing spray paint?
the ONLY downward pressure ever exerted on prices is from COMPETITION.
Retard Version Just For You: if i have to raise my prices 30% to offset an expense, and people pay that price, then thats the New Price.
if the expenses drop, i dont lower my prices unless i have to, because ANY item is worth whatever somebody else will pay for it.
increased taxes drive prices up, thats part of what's called Inflation (say it with me children)
nothing makes prices go down except somebody else selling a similar item for less, taking my business away, so i have to meet their prices or beat them, otherwise ill go broke.
when you jack up taxes, that raises ALL prices since every business faces that same expense. if everybody that makes laundry soap has to pay 10% more to make their products then ALL laundry soap goes up 10% at least.
if the taxes get lowered later, NOBODY drops their price unless they want to capture more market share, then you get a price war, but only if there is real competition.
How do you explain the 275% increase in income since 1979 for the top 1% and the 6% increase in income for the 99%?the same prices of consumer goods and services
Edit: also, manufacturing bullshit quotes and attempting to attribute them to others is prohibited by the forum rules, you cowardly little turd.
so still no refutation of my assertions on Keynesian Economic Theory hmm?How do you explain the 275% increase in income since 1979 for the top 1% and the 6% increase in income for the 99%?
I wonder why you didn't address that part of the equation..
so thats how you justify manufacturing fake quotes and claiming i said them?
Eeeexactly, the only explanation is the one I gave. Lowering taxes on the 1% results in higher income inequality, raising taxes on the 1% results in lower economic inequality. It's such a simple equation anyone with any basic understanding of how economics works would understand it.so still no refutation of my assertions on Keynesian Economic Theory hmm?
just more subject changing.
youre starting to bore me.
Cry moreso thats how you justify manufacturing fake quotes and claiming i said them?
youre pathetic as well as retarded.
They invest they money paddy, haven't you heard the old cliche, you have to have money to make money?Between 1979 & 2009, the richest 1% saw their income increase to 275%, while the bottom 99% saw a 6% increase
If you think income inequality is some liberal conspiracy, you're a retard who can't read a chart
If you think people are born with equal opportunities in this country, you're a retard period
Kynes knows he has no rational explanation for that fact. I bet he banks on "refute my claim, misdirection, blah blah bullshit" like usual, funny considering he was Johnny on the spot when he replied about competition lowering prices.. We will seeJesus tells me that wealth will trickle down.
It's the poor and minorities that keep stealing it before it gets to me though
Investments don't explain the dramatic difference in income distribution.They invest they money paddy, haven't you heard the old cliche, you have to have money to make money?
Nothing is wrong with making money. What's wrong is when the top 1% utilize the wealth they have to influence the political system in order to steal a larger percentage of wealth from the middle and lower class. Paint it as envy all you want, you're lying to yourself to justify your position.What's wrong with people making money when they can?
Yeah, it doesn't affect you, so you don't care about it. ShockingThe people you are talking about make more money in a week than I make in a year but I'm fine with that.
I am comfortable where I'm at, not rich, not wanting but happy with what I have.
Whay aren't you?
I wouldn't know.Kynes knows he has no rational explanation for that fact. I bet he banks on "refute my claim, misdirection, blah blah bullshit" like usual, funny considering he was Johnny on the spot when he replied about competition lowering prices.. We will see
It shouldn't affect you either, unless you let it,Investments don't explain the dramatic difference in income distribution. 93% of the gains went to the top 1% from '79 to '09. How do you explain that?
Did the 1% all of a sudden start investing like crazy in 1979?
Paddy, you're full of it, investments are the very thing that does explain economic inequality.
Nothing is wrong with making money. What's wrong is when the top 1% utilize the wealth they have to influence the political system in order to steal a larger percentage of wealth from the middle and lower class. Paint it as envy all you want, you're lying to yourself to justify your position.
Your beef should be with government, not the wealty my friend.
The government works for us, businesses and wealthy investors do not.
"CNBC's first-ever Millionaire Survey reveals that 51 percent of American millionaires believe inequality is a "major problem" for the U.S., and nearly two-thirds support higher taxes on the wealthy and a higher minimum wage as ways to narrow the wealth gap."
http://www.huffingtonpost.com/2014/05/06/millionaires-taxes-survey_n_5272647.html
Yeah, it doesn't affect you, so you don't care about it. Shocking
It doesn't affect me either, but it affects tens of millions of my fellow Americans, and I'm not a selfish fuck ignorant of what is actually going on, so I care about it
Reality disagrees with you. This chart shows that from 1947 to 1979, wages remained constant, then in '79 you see a dramatic decrease in real median family income (the start of the current economic inequality), the second chart shows the fraction of total growth captured by the 1% standing at 93% over the past 5 years, and "investing" does not explain that.Paddy, you're full of it, investments are the very thing that does explain economic inequality.
My issue is with the government. You've been involved in this thread; https://www.rollitup.org/t/some-are-more-equal-than-others.850480/ among multiple others where I explicitly state why I believe this situation is taking place (4 supreme court decisions and a faulty economic policy that favors the upper class). Why are you purposefully misconstruing my position to make it seem like I have a problem with people making money? I don't.Your beef should be with government, not the wealty my friend.
The government works for us, businesses and wealthy investors do not.
Human beings are altruistic, social creatures by nature. Psychopaths lack empathy. Tens of millions of American citizens live in poverty and tens of millions more barely skate by paycheck to paycheck while the wealthiest among us use their wealth to steal more and more from them by rigging the game. Whether you're oblivious of this fact or don't see anything wrong with it, either way it means you should not be casting a vote that will actively oppose your own, and most of your fellow Americans interests.It shouldn't affect you either, unless you let it,
You're too damn young to be trippin on wealth anyway, you got some dues to pay first.
it should be simple for a lefty genius like yourself to explain how keynesian economics works, and refute my assertions.Eeeexactly, the only explanation is the one I gave. Lowering taxes on the 1% results in higher income inequality, raising taxes on the 1% results in lower economic inequality. It's such a simple equation anyone with any basic understanding of how economics works would understand it.
My refutation is it's a waste of my time arguing with points Piketty and Krugman don't make. Read the links I provided, or even a basic summary on Pikettys book Capital in the Twenty-First Century