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Income Inequality

AF

New Member

That article and related ruling has nothing to do with the proletariat receiving a blow. The employees agreed to arbitration, then tried to avoid arbitration. The legal council representing the employee didn’t do his job and instead had dollar signs in his eyes. The class council makes tons of money on class actions but the actual plaintiffs make pennies compared to filing individual settlements.
 

Christian @ 2CT Media

Active Member
I wonder how our counterparts in the other industrialized, developed countries with their 6-8 weeks paid "holiday" per year feel about us not crowding their favorite getaway spots?

https://www.yahoo.com/finance/news/39-million-americans-cant-afford-a-summer-vacation-174406215.html
So part of income inequality means I should fund peoples vacations just because I own a business? Yet I don't get to take vacations.

So Tim are you an employee or business owner? Just out of curiosity, as I want to understand your frame of mind.
 

Gino

Premium Subscriber
If you just let him alone, he'll carry this thread on forever, by his lonesome, without anyone else's input. He's getting real good at it. He's becoming a solo show. It's long and entertaining at best.
 

bob

It's better to have two hands than one glove.
In more news on our fragile middle class...

...merciful deletia...

The middle class which you and your posse seem to revere is a product of the industrial revolution. Prior to that event in the entire history if the human race there was upper class, lower class, and precious little in between.

The industrial revolution, marked by the mass production of identical goods, has been winding down for some time now. And with it, the traditional middle class. What's gearing up to replace the industrial revolution is the mass production of custom goods, whatever name you might want to assign to that. Whether or not this next step supports or destroys the traditional middle class or perhaps creates something else that will displace it remains to be seen.

The point being that any and all attempts to preserve, support, nurture, whatever, the traditional middle class is futile. Being a by-product of the industrial revolution of previous centuries, the middle class will disappear with it.
 

TimToad

Active Member
So part of income inequality means I should fund peoples vacations just because I own a business? Yet I don't get to take vacations.

So Tim are you an employee or business owner? Just out of curiosity, as I want to understand your frame of mind.

I'm an owner and you're missing the point.

Study after study, in country after country reveals that happy, well rested, fulfilled workers who feel they are being properly compensated for their efforts are more productive, take less sick days, are more motivated and ADD more to our bottom lines.

The fact that the American experience and economic model is increasingly out of touch with this should be very troubling to those wanting it to survive. Other studies are showing that even AFTER earning paid time off, workers are NOT using the time out of anxiety about being viewed as lazy, unmotivated and possibly being passed over for promotions. What the hell kind of society do you want to live in?

If you don't take vacations and are running a profitable business, that's on you, not the people working for you.

So when you worked for others, did you not expect or demand decent wages, benefits and paid vacation as part of your compensation?
 

unclebun

Active Member
I'm late to the party, but wealthy people don't have to have inherited their wealth., That is a lie the Communists use to rile up the proleteriat.

Re: the plumber with 25 trucks: This morning we are going to wrap another service truck for our area's largest pest control company. They started around the same time I started doing signs, just a young married couple. We designed their logo and lettered their first truck topper. Over their first year, they expanded. We were lettering a truck topper every 2 months or so. Now, 20 years later, they operate about 20 pest control trucks, two blown cellulose insulation trucks, three spray foam insulation rigs, a dock spider control boat, two animal control trucks, and now are adding lawn and tree pest control. They built it from the ground up.

And, for the generally recognized richest companies in the country? Amazon, Apple, Microsoft, facebook, twitter, and so on. How much inherited wealth is contained in those companies? And what about wealthy rappers or music stars or Youtube stars or movie stars?

The problem now, which is being titled as a problem of wealth inequality isn't really the inequality. It's the gutting of the middle class by globalizing all the decent jobs to China, Mexico, and other countries. The ultra rich were still ultra rich, but when a person with a factory job could end up pulling down $75,000 in pay and benefits, nobody complained. Now all that's left is fast food jobs--and those are being decimated by the calls for minimum wage increases.

Not all people are capable of doing "high paying tech jobs" or other non-labor jobs. And there aren't enough of those to go around anyway. But we have gutted our labor force by the mantra that everyone has to go to college and everyone "deserves" a high-paying desk job. Now we don't even have a labor force with technical skills to get our factories going again even if policy makers incentivize corporations to do so.
 

TimToad

Active Member
That article and related ruling has nothing to do with the proletariat receiving a blow. The employees agreed to arbitration, then tried to avoid arbitration. The legal council representing the employee didn’t do his job and instead had dollar signs in his eyes. The class council makes tons of money on class actions but the actual plaintiffs make pennies compared to filing individual settlements.

Read the dissenting opinions.
 

AF

New Member
......But we have gutted our labor force by the mantra that everyone has to go to college and everyone "deserves" a high-paying desk job. Now we don't even have a labor force with technical skills to get our factories going again even if policy makers incentivize corporations to do so.

Colleges have been turned into communist re-education camps. Now the communists in our government want to send every student to college to be fully indoctrinated. Notice how the communists have not taken over trade schools thus the push to send everyone to college instead of trade school where many belong.
 

TimToad

Active Member
I'm late to the party, but wealthy people don't have to have inherited their wealth., That is a lie the Communists use to rile up the proleteriat.

Re: the plumber with 25 trucks: This morning we are going to wrap another service truck for our area's largest pest control company. They started around the same time I started doing signs, just a young married couple. We designed their logo and lettered their first truck topper. Over their first year, they expanded. We were lettering a truck topper every 2 months or so. Now, 20 years later, they operate about 20 pest control trucks, two blown cellulose insulation trucks, three spray foam insulation rigs, a dock spider control boat, two animal control trucks, and now are adding lawn and tree pest control. They built it from the ground up.

And, for the generally recognized richest companies in the country? Amazon, Apple, Microsoft, facebook, twitter, and so on. How much inherited wealth is contained in those companies? And what about wealthy rappers or music stars or Youtube stars or movie stars?

The problem now, which is being titled as a problem of wealth inequality isn't really the inequality. It's the gutting of the middle class by globalizing all the decent jobs to China, Mexico, and other countries. The ultra rich were still ultra rich, but when a person with a factory job could end up pulling down $75,000 in pay and benefits, nobody complained. Now all that's left is fast food jobs--and those are being decimated by the calls for minimum wage increases.

Not all people are capable of doing "high paying tech jobs" or other non-labor jobs. And there aren't enough of those to go around anyway. But we have gutted our labor force by the mantra that everyone has to go to college and everyone "deserves" a high-paying desk job. Now we don't even have a labor force with technical skills to get our factories going again even if policy makers incentivize corporations to do so.

Re-read my post. I never said ALL of the super rich inherited their wealth or that there aren't tons of folks like your example.

For every example of a company not created with inherited wealth, there is another that was. Bill Gates CAME from an already wealthy family. As did most in the list you offered.

There countless, old money families who've been super rich since their ancestors ownex slaves, hit oil, struck gold, clear cut a Maine forest and worked their way west, etc... Other bloodline and the luck of it, what do today's idle rich have to do with the perception of the existence of a meritocracy?

The point of the arguments others and myself are making is that these trends and economic transformations under way are aligning with some very troubling factors for our long term social stability. We ignore them at our own peril. Huge public debt, fewer workers making decent wages, large numbers of retirees, artificial intelligence, automation, massive climate change costs, ever increasing healthcare costs, continued tax breaks for the super rich, etc. All exact a toll on social stability.
 

Texas_Signmaker

Very Active Signmaker
The point of the arguments others and myself are making is that these trends and economic transformations under way are aligning with some very troubling factors for our long term social stability. We ignore them at our own peril. Huge public debt, fewer workers making decent wages, large numbers of retirees, artificial intelligence, automation, massive climate change costs, ever increasing healthcare costs, continued tax breaks for the super rich, etc. All exact a toll on social stability.

Maybe you should read this when the internet goes out for two days... I didn't because I dont have time to read when I'm on here from dawn until evening as you say.. Least I'm not on here late night posting 5 times having a conversation with myself.

51E0haCthsL._SX326_BO1,204,203,200_.jpg
 

TimToad

Active Member
Maybe you should read this when the internet goes out for two days... I didn't because I dont have time to read when I'm on here from dawn until evening as you say.. Least I'm not on here late night posting 5 times having a conversation with myself.

51E0haCthsL._SX326_BO1,204,203,200_.jpg

Now that's a really credible source. Aren't you the one always bragging about how carefully you scrutinize the media you choose to base your opinions on?
 

dypinc

New Member
Now that's a really credible source. Aren't you the one always bragging about how carefully you scrutinize the media you choose to base your opinions on?

And when have you ever posted anything from a credible source? All I ever see you post is from the Marxist/Socialist/Communist propaganda machine, bought and paid for by the elitist 1% you have been railing about in this and other posts. The same elitist 1% that bought and paid for our politicians who keep everything in their favor. No wonder we allow a mass illegal/undocumented immigrants taking jobs and working cheap to make more money for the elitist 1% to buy more politicians and propaganda outlets. No wonder bought and paid for politicians and their propaganda outlets try to discredit politicians and others who are not bought and paid for by the elitist 1%.

If you are not one of them spouting your propaganda, you are a useful idiot. Maybe you better look up what happens to useful idiots in the end. If you want fairness Marxism/Socialism/Communism is not it. Just like the climate change hoax, it is just another way for the elitist 1% to steal even more wealth.

You are the biggest hypocrite I have ever seen. Rail against the elitist 1% and turn right around and parrot their propaganda. Do you really think we were born yesterday?
 
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