US study lays bare extreme pay-ratio problem

Discussion in 'Economics & Trade' started by LafayetteBis, May 16, 2018.

  1. james M

    james M Banned

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    And in a free market the worker is as likely to be overpaid his underpaid if it was possible to determine what the correct pay wise
     
  2. james M

    james M Banned

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    of course nobody paid the 90% marginal rate because it would be stupid to earn income 90% of which would be taxed away at gunpoint. In fact under Eisenhower liberal govt spent a lower percentage of GDP than it does now. The top 1% now pay
    44% of all personal income tax, more than ever in history and of course liberals want to rip them off still more Rather than face the fact that their tax and spend programs have crippled the lower classes and prevented them from earning their own money
     
  3. Derideo_Te

    Derideo_Te Well-Known Member

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    Projecting your libertarian fear again? :eek:

    Libertarians make the fallacious allegation that taxation is "taking their property by force of violence" but since they have no right to their taxation liabilities they contradict themselves by disparaging the government collecting taxes in order to defend their other property rights.

    Let me know if that was too complicated for you to follow and I will try and explain it in simpler terms.
     
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  4. Derideo_Te

    Derideo_Te Well-Known Member

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    If they weren't a failure then why were they completely discarded and replaced in their entirety by the Constitution?
     
  5. Longshot

    Longshot Well-Known Member

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    If the Roman republic wasn't a failure, why was it completely discarded and replaced with the Roman Empire?
     
  6. Derideo_Te

    Derideo_Te Well-Known Member

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    Yet another ABJECT failure to COMPREHEND what was ACTUALLY written.

    You made this utterly fallacious allegation;

    You were asked to substantiate that egregious drivel of yours and you can't because no such "promise" exists anywhere with the Constitution.

    In FACT the EXACT OPPOSITE exists in the Constitution to what you so erroneously claimed.

    That NEGATES your load of bovine excrement because it STIPULATES a means to EXPAND the Constitution in the FUTURE. Something that has happened 27 times already.

    Obviously the Founding Fathers NEVER made his imaginary "promise" at all.
     
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  7. Derideo_Te

    Derideo_Te Well-Known Member

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    The AofC were so deeply FLAWED that it would have been a complete waste of time even attempting to amend them. There was no Executive Branch and no court system for starters.
     
  8. Longshot

    Longshot Well-Known Member

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    Each of the countries in the AofC had an executive and a court system.
     
  9. Derideo_Te

    Derideo_Te Well-Known Member

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    Which FAILED because there was no STRONG CENTRAL GOVERNMENT.
     
  10. Longshot

    Longshot Well-Known Member

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    Each of the countries in the AofC had a strong central government.
     
  11. Derideo_Te

    Derideo_Te Well-Known Member

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    Irrelevant because without a STRONG Federal Government they were INCAPABLE of forming a FUNCTIONAL United States of America.

    Libertarianism FAILED because of selfishness and greed and was replaced by the ADULTS in Congress with a STRONG CENTRAL government that actually does work in REALITY.
     
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  12. Longshot

    Longshot Well-Known Member

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    The confederation functioned as per the AofC. Do you know what confederation means?
     
  13. Derideo_Te

    Derideo_Te Well-Known Member

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    It FAILED per the AofC which is WHY it was SCRAPPED as UNWORKABLE!
     
  14. Reiver

    Reiver Well-Known Member

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    Again, we have ongoing humanitarian disasters and capitalism has to take the blame. And in rich countries like the US? We have working poverty, productivity gap, stagnant wages and 1%ers running amok.

    Are libertarians, using Sen's language, 'rational idiots' for the elite?
     
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  15. Longshot

    Longshot Well-Known Member

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    It didn't fail. It worked as intended.
     
  16. rahl

    rahl Banned

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    it was intended to fail?
     
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  17. Derideo_Te

    Derideo_Te Well-Known Member

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    So libertarianism is set up to INTENTIONALLY fail when it comes to forming a functional government?
     
  18. Longshot

    Longshot Well-Known Member

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    As I said. It didn't fail.

    Libertarianism?
     
  19. Derideo_Te

    Derideo_Te Well-Known Member

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    Historical record shows that it FAILED and was REPLACED by the Constitution.
     
  20. james M

    james M Banned

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    of course if true the silly liberal would not be so afraid to name the capitalist disasters. What do we learn from his fear?
     
    Last edited: Jul 14, 2018
  21. james M

    james M Banned

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    what record?? In reality Constitution failed since they promised, to get it ratified, that it would not appreciably expand central govt.
     
  22. Reiver

    Reiver Well-Known Member

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    Is this supposed to be coherent? I can appreciate why Trump was elected. The Democrat elite never listened. The impact of neoliberalism, enabled by the Democrats, was terrible. But there is also a hardcore "I knows no economics I don't" element.
     
  23. james M

    james M Banned

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    A strong central govt was exactly what adult Founders promised would not happen!! They looked at all of history to determine strong central govt was the source of evil, and they didn't have the opportunity to see Hitler Stalin and Mao the great 20th Century liberals who killed 200 million with their big govt schemes. You have seen it yet the concept still escapes you. See why we are 100% positive that liberalism is pure ignorance? What other conclusion is possible?
     
  24. james M

    james M Banned

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    you said there were capitalist disaster but are afraid to name them. What do you learn from your libcommie fear?
     
  25. Reiver

    Reiver Well-Known Member

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    Given you celebrate the authoritarian Chinese economy, you must find the Founders particularly disagreeable.
     
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