Friendly Reminder About "Income Inequality"; Democrats Run America's Poverty Zones
Dec 17, 2013 02:26:55 #
Friendly Reminder About Income "Equality": Democrats Run America's Poverty Zones
Katie Pavlich | Dec 16, 2013
Throughout history we've never seen a transfer of wealth from rich to poor lift people out of poverty. Instead, we've seen the free market and commerce lift people out of poverty. Liberals have always portrayed this idea that there's only a certain amount of wealth in the United States (and the world) and that people are poor because the rich people at the top are hoarding all of the money. This isn't true. There isn't a ceiling on the amount of wealth that can be created through the free market and commerce. There is a ceiling on wealth redistribution and government handout aka taking from "the rich" and giving to the poor.
Earlier this month in an effort to shift attention away from the Obamacare rollout, President Obama pivoted back to something he does best: promoting class warfare under the guise of caring about equality. Liberals claim to care about the poor, but the harsh reality is that Democrats have been in control of the poorest parts of the country for 50 years and very little has changed; (except everyone became poorer ).
Over the weekend, former Speaker of the House Newt Gingrich made this point as former Clinton Labor Secretary Robert Reich tried to pin an increase in poverty under Obama on Republicans.
"Every major city which is a center of poverty is run by Democrats. Every major city. Their policies failed, they're not willing to admit it and the fact is it's the poor who suffer from bad government," Gingrich said.
Under Barack Obama, we've seen the largest deficit between the rich and poor in the United States since the Census Bureau started keeping data on the wealth gap. As Investor's Business Daily recently pointed out in an editorial, Obama (and his defenders) is complaining about the income gap after significantly widening it while failing to acknowledge his wealth redistribution policies aren't working to bring poor people into the middle class.
The president has been decrying the growing gap between rich and poor in the U.S. to help sell his retread tax-and-spend proposals. But those policies have already produced record levels of income inequality.
In his speech in Illinois last week, and at events since, Obama described income inequality in the starkest terms. "This growing inequality is morally wrong," he said, and "undermines the very essence of America."
And Obama's latest focus neatly coincides with his plans to push for more federal spending and taxes on the "rich" in coming budget battles.
But what Obama conveniently leaves out of his sermons is that income inequality has grown faster on his watch than any time in the past two decades, at least.
Research by University of California economist Emmanuel Saez shows that since the Obama recovery started in June 2009, the average income of the top 1% grew 11.2% in real terms through 2011.
The bottom 99%, in contrast, saw their incomes shrink by 0.4%.
As a result, 121% of the gains in real income during Obama's recovery have gone to the top 1%. By comparison, the top 1% captured 65% of income gains during the Bush expansion of 2002-07, and 45% of the gains under Clinton's expansion in the 1990s.
The Census Bureau's official measure of income inequality called the Gini index shows similar results. During the Bush years, the index was flat overall finishing in 2008 exactly where it started in 2001.
It's gone up each year since Obama has been president and now stands at all-time highs.
As the largest wealth redistribution in America continues through Obamacare, we can expect the gap between rich and poor to get bigger, not smaller as liberals continue to beat their bogus "income equality" drum that has kept the people they claim to care about in poverty for decades.
Liberals want to teach grade school kids about "alternative life styles", and "how to use condoms" properly; Conservatives want to teach kids how to behave in public, and how to learn 4th grade arithmetic.
Katie Pavlich | Dec 16, 2013
Throughout history we've never seen a transfer of wealth from rich to poor lift people out of poverty. Instead, we've seen the free market and commerce lift people out of poverty. Liberals have always portrayed this idea that there's only a certain amount of wealth in the United States (and the world) and that people are poor because the rich people at the top are hoarding all of the money. This isn't true. There isn't a ceiling on the amount of wealth that can be created through the free market and commerce. There is a ceiling on wealth redistribution and government handout aka taking from "the rich" and giving to the poor.
Earlier this month in an effort to shift attention away from the Obamacare rollout, President Obama pivoted back to something he does best: promoting class warfare under the guise of caring about equality. Liberals claim to care about the poor, but the harsh reality is that Democrats have been in control of the poorest parts of the country for 50 years and very little has changed; (except everyone became poorer ).
Over the weekend, former Speaker of the House Newt Gingrich made this point as former Clinton Labor Secretary Robert Reich tried to pin an increase in poverty under Obama on Republicans.
"Every major city which is a center of poverty is run by Democrats. Every major city. Their policies failed, they're not willing to admit it and the fact is it's the poor who suffer from bad government," Gingrich said.
Under Barack Obama, we've seen the largest deficit between the rich and poor in the United States since the Census Bureau started keeping data on the wealth gap. As Investor's Business Daily recently pointed out in an editorial, Obama (and his defenders) is complaining about the income gap after significantly widening it while failing to acknowledge his wealth redistribution policies aren't working to bring poor people into the middle class.
The president has been decrying the growing gap between rich and poor in the U.S. to help sell his retread tax-and-spend proposals. But those policies have already produced record levels of income inequality.
In his speech in Illinois last week, and at events since, Obama described income inequality in the starkest terms. "This growing inequality is morally wrong," he said, and "undermines the very essence of America."
And Obama's latest focus neatly coincides with his plans to push for more federal spending and taxes on the "rich" in coming budget battles.
But what Obama conveniently leaves out of his sermons is that income inequality has grown faster on his watch than any time in the past two decades, at least.
Research by University of California economist Emmanuel Saez shows that since the Obama recovery started in June 2009, the average income of the top 1% grew 11.2% in real terms through 2011.
The bottom 99%, in contrast, saw their incomes shrink by 0.4%.
As a result, 121% of the gains in real income during Obama's recovery have gone to the top 1%. By comparison, the top 1% captured 65% of income gains during the Bush expansion of 2002-07, and 45% of the gains under Clinton's expansion in the 1990s.
The Census Bureau's official measure of income inequality called the Gini index shows similar results. During the Bush years, the index was flat overall finishing in 2008 exactly where it started in 2001.
It's gone up each year since Obama has been president and now stands at all-time highs.
As the largest wealth redistribution in America continues through Obamacare, we can expect the gap between rich and poor to get bigger, not smaller as liberals continue to beat their bogus "income equality" drum that has kept the people they claim to care about in poverty for decades.
Liberals want to teach grade school kids about "alternative life styles", and "how to use condoms" properly; Conservatives want to teach kids how to behave in public, and how to learn 4th grade arithmetic.
Dec 17, 2013 03:08:13 #
Poverty Pimps are a destructive and corrupt bunch. Their large and growing number of supporters are too ignorant to see how they have been enslaved by these pimps. They have been conditioned to reject the truth when spoken. In fact, they gave been trained to exact violence, if possible, when any among them speak the truth of their enslaved condition. It is truly a tragic human condition.
Dec 18, 2013 09:25:18 #
Dec 18, 2013 11:28:20 #
Gitzo wrote:
Friendly Reminder About Income "Equality"... (show quote)
Does your position against policies to reverse income inequality include taxes? I ask because Indiana receives in federal benefits about $1.05 for every $1.00 its people and industry pay the federal government.
Dec 18, 2013 14:17:20 #
gmcase wrote:
Poverty Pimps are a destructive and corrupt bunch. Their large and growing number of supporters are too ignorant to see how they have been enslaved by these pimps. They have been conditioned to reject the truth when spoken. In fact, they gave been trained to exact violence, if possible, when any among them speak the truth of their enslaved condition. It is truly a tragic human condition.
well put! :thumbup:
Dec 18, 2013 14:17:43 #
jamitjim73 wrote:
Solve the problem and impeach the bastard
Sounds like a good piece of advice. :thumbup:
Dec 18, 2013 14:28:34 #
Gitzo wrote:
Friendly Reminder About Income "Equality"... (show quote)
http://www.mercurynews.com/business/ci_24741479/income-inequality-is-harming-u-s-economy-experts
The U.S. does less to reduce inequality through tax and transfer policies than most advanced nations, including the U.K., Ireland or Spain, according to Janet Gornick, a professor of political science and sociology at the City University of New York Graduate Center.
http://www.bloomberg.com/news/2013-12-11/americans-say-dream-fading-as-income-gap-hurts-chances.html
Dec 18, 2013 22:42:13 #
Bruno2013 wrote:
Does your position against policies to reverse income inequality include taxes? I ask because Indiana receives in federal benefits about $1.05 for every $1.00 its people and industry pay the federal government.
As a matter of fact, Bruno, I don't HAVE a "position" against policies to reverse "income inequality", because there is NO SUCH THING; (so I hardly need any "position" about something that is a "figment of some liberal's imagination" ).
Being a faithful libtard, you may think that a brain surgeon earning 20 K in a few hours to do a brain transplant on one of your fellow libtards is a terrible "inequality", especially when your HS drop-out great uncle is "struggling along" on his "minimum-wage" job, sweeping floors in a Las Vegas brothel; but I don't see it that way at all; I'm of the opinion that most jobs "pay" in direct proportion to the difficulty of replacing that "worker"; (and as we all know, there is always a long line of "mentally challenged" libtards standing in line to grab ANY job in a whore house! )
Dec 18, 2013 23:02:20 #
jamitjim73 wrote:
Solve the problem and impeach the bastard
Jim; I share your sentiments about the POS; but "impeachment" ISN'T the answer; (at least not now ) If you remember the GOP's great effort to impeach Bill Clinton, you'll know why I say that; (it just isn't possible with the current make-up of the Senate, and possibly the leadership in the House. Let's talk about something that's possible; (and even likely ); keeping the same (or greater ) majority in the House, and retaking the Senate next year. That not only is "possible", it's actually very likely to happen, unless the various factions in the GOP keep arguing among themselves and throw away the best chance we will EVER have to stop Obama in his tracks, get his rotten Justice Dept. rid of the POS that's running it, and throw Obamacare in the nearest dumpster where it belongs.
All of this can and WILL happen, but ONLY if everyone starts working together. Obama has already totally pissed off about 2/3 of the people who voted for him; as Obamacare starts kicking in after Jan. 1, that will only keep getting worse; (for Obama ) his "grand scheme" is going to be his "undoing", because it affects ALL of the 20 somethings to 30 somethings who "thought" he was "their savior"; and just wait till the IRS starts doing "their part" to strong-arm all of these fools who he had believing that he was "giving them free stuff"! 2014 is going to be Obama's "waterloo"; and I can't wait to watch it happen!
Dec 19, 2013 12:02:34 #
Gitzo wrote:
As a matter of fact, Bruno, I don't HAVE a "p... (show quote)
So you are saying Indiana should not receive any federal benefits in excess to the dollar value of its people's and industries' federal contributions?
Dec 19, 2013 15:05:07 #
Bruno2013 wrote:
So you are saying Indiana should not receive any federal benefits in excess to the dollar value of its people's and industries' federal contributions?
Bruno; I DON'T stutter; I'm "saying" exactly what I said; I find your feeble attempts to "put words in my mouth" to be not only irritating, but also rather childish. You can "say" anything YOU want to Bruno, and I'll "say" what I want to.
As far as "running Indiana" is concerned, I would remind you that we are very fortunate to have an excellent Governor; I think Governor Mike Pence is fully capable of running our state without any help from me. (which is exactly why I voted for him in the first place. )
Dec 19, 2013 15:50:55 #
Gitzo wrote:
Bruno; I DON'T stutter; I'm "saying" exa... (show quote)
Sorry to bother you. I had hoped for an investigating discussion.
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