Jump to content


Photo
- - - - -

Wealth Inequality in America


  • Please log in to reply
270 replies to this topic

#1 Panthro

Panthro

    aka Pablo

  • Joined: 24-November 08
  • posts: 24,872
  • Reputation: 5,779
Moderators

Posted 06 March 2013 - 10:34 AM



#2 Happy Panther

Happy Panther

    Now even funnier.

  • Joined: 16-March 09
  • posts: 18,501
  • Reputation: 3,467
SUPPORTER

Posted 06 March 2013 - 11:06 AM

So what is the solution?

#3 catfang

catfang

    Senior Member

  • Joined: 24-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 6,791
  • Reputation: 1,464
HUDDLER

Posted 06 March 2013 - 11:11 AM

^Panthro needs to give me $500.

#4 thatlookseasy

thatlookseasy

    Death to pennies

  • Joined: 16-August 11
  • PipPipPipPipPipPipPipPipPip
  • posts: 2,950
  • Reputation: 607
HUDDLER

Posted 06 March 2013 - 11:17 AM

So what is the solution?


A really big version of one of those machines that blows all the cash around and the person inside tries to catch it

#5 Porn Shop Clerk

Porn Shop Clerk

    Honky

  • Joined: 22-January 09
  • PipPipPipPipPipPipPipPipPip
  • posts: 17,247
  • Reputation: 4,031
HUDDLER

Posted 06 March 2013 - 11:18 AM

wonder how that corresponds to people sitting around on their asses waiting for the government to fix their lives because they think they're entitled to it

#6 Panthro

Panthro

    aka Pablo

  • Joined: 24-November 08
  • posts: 24,872
  • Reputation: 5,779
Moderators

Posted 06 March 2013 - 11:20 AM

So what is the solution?

So you agree with the problem?

#7 Happy Panther

Happy Panther

    Now even funnier.

  • Joined: 16-March 09
  • posts: 18,501
  • Reputation: 3,467
SUPPORTER

Posted 06 March 2013 - 11:37 AM

So you agree with the problem?


Sort of. I don't have a problem with wealth inequality per se and many will argue it's not that bad of a think in a semi-capitalist healthy economy. The "solution" for wealth inequality is wealth redistribution.

What I have a problem with is opportunity inequality. Whether we want to believe it or not, some people are born without a chance. Fix that and I don't care that the rich are rich.

I just don't think tax policy and welfare programs are the solution to providing opportunity but I haven't written my thesis yet on what the true solution is.

#8 Porn Shop Clerk

Porn Shop Clerk

    Honky

  • Joined: 22-January 09
  • PipPipPipPipPipPipPipPipPip
  • posts: 17,247
  • Reputation: 4,031
HUDDLER

Posted 06 March 2013 - 11:38 AM

the problem starts with the anti-success mentality that pervades low income cultures

#9 mmmbeans

mmmbeans

    FBI SURVEILLANCE VAN

  • Joined: 26-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 14,012
  • Reputation: 440
HUDDLER

Posted 06 March 2013 - 11:47 AM

the problem starts with the anti-success mentality that pervades low income cultures


while i agree it's a problem, that mentality didn't fall out of the sky. institutional inequality didn't rise up to meet low expectations.

#10 Niner National

Niner National

    Senior Member

  • Joined: 24-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 3,580
  • Reputation: 492
HUDDLER

Posted 06 March 2013 - 11:48 AM

wonder how that corresponds to people sitting around on their asses waiting for the government to fix their lives because they think they're entitled to it

Very little.

The reality is policies and laws have been written by those with money in a way that benefits them the most.

I learned from my accountant that I don't have to pay taxes on any of the money I got for renting my house for the DNC because of a law called the "Augusta Rule." Basically rich people that owned property in Augusta had tax law re-written so that if you rent your home for less than 10 days per year you don't have to pay any income taxes on it...because they all make a healthy amount of money renting their homes to golfers, sponsors, etc during the Augusta National Golf Tournament.

While that law doesn't contribute to the wealth inequality in the U.S. it is a very visible policy that clearly demonstrates policies put in place by the wealthy to benefit themselves. There are hundreds, thousands even, of other, lesser visible policies that have allowed the richest people in the country to vastly increase their wealth in the last 30 years.

I'm not sure how you fix the problem though and I'm not going to pretend like I have the solutions.


0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users