America's Inequality Nightmare

05 Aug 2014 15:45 #1 by Blazer Bob
www.alternet.org/news-amp-politics/ameri...inequality-nightmare

"A recent NY Times op-ed asked the question: why aren’t voters angrier with what may be the greatest economic crisis of our time: income inequality?

Income inequality is now a problem in just about every developed nation, but America remains an outlier. In the U.S., the top 20 percent earn a whopping 16.7 times what the bottom 20 percent earn, and that gap is ever widening, given 95% of all income gains since 2009 have gone to the richest 1 percent.

John Steinbeck explained that the reason so many of this country’s working- and middle-class vote against their own economic interests is that “Americans are temporarily embarrassed millionaires in waiting.” Researchers at the University of Hannover in Germany have now released data that somewhat supports Steinbeck’s quip. The study measured actual income inequality and upward mobility versus perceived income inequality and upward mobility in a number of countries. The results are conclusive: U.S. voters don’t demand income redistribution, from the rich to the lower economic classes, because they don’t grasp how severe inequality actually is."...

Is that why?

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05 Aug 2014 17:11 #2 by FredHayek
Or maybe they just think President Obama will eventually deliver on his many promises?

Thomas Sowell: There are no solutions, just trade-offs.

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05 Aug 2014 18:38 #3 by PrintSmith
Perhaps they simply recognize the violence done to individual liberty when the government picks winners and losers in a state managed economy?

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05 Aug 2014 18:52 #4 by Blazer Bob
Or perhaps we have graduated to A non-thinking world.

"JewishWorldReview.com | Some have said that we are living in a post-industrial era, while others have said that we are living in a post-racial era. But growing evidence suggests that we are living in a post-thinking era.
Many people in Europe and the Western Hemisphere are staging angry protests against Israel's military action in Gaza. One of the talking points against Israel is that far more Palestinian civilians have been killed by Israeli military attacks than the number of Israeli civilians killed by the Hamas rocket attacks on Israel that started this latest military conflict.
Are these protesters aware that vastly more German civilians were killed by American bombers attacking Nazi Germany during World War II than American civilians killed in the United States by Hitler's forces?
Talk show host Geraldo Rivera says that there is no way Israel is winning the battle for world opinion. But Israel is trying to win the battle for survival, while surrounded by enemies. Might that not be more important?
Has any other country, in any other war, been expected to keep the enemy's civilian casualties no higher than its own civilian casualties? The idea that Israel should do so did not originate among the masses but among the educated intelligentsia."...

jewishworldreview.com/cols/sowell080514.php3#.U-F7ZfldWP4

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05 Aug 2014 18:53 #5 by LOL
Replied by LOL on topic America's Inequality Nightmare
One thing that could be done, but won't ever be done is to fix the F-uped tax code and simplify and lower rates and tax everything more equally. (wages, income, capital etc.)
Much better to ignore the obvious and just demagogue the issue for campaigning to the dumbed down masses and sheep. (while retaining the loopholes and perks for lobbyists).

If you want to be, press one. If you want not to be, press 2

Republicans are red, democrats are blue, neither of them, gives a flip about you.

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05 Aug 2014 18:56 #6 by otisptoadwater
Well, let's take stock of all of the accomplishments that Barry has under his belt in almost 6 years as POTUS:

Unemployment benefits continue to be extended indefinitely.

You can get an Obamaphone for "free."

More people qualify for food stamps and are using them than ever before.

Universal healthcare is available to everyone* (*terms and conditions apply, the law is in flux so if you don't qualify today try again tomorrow - bring cash, it's not actually free).

Depending on how you run the numbers and cook the books unemployment is up or down. The reality is there are less people actively seeking employment and more people relying on the Gubment to assist them.

The Gubment is bigger than ever and also less effective than ever. It's my humble opinion that the current administration is so inept that they couldn't accomplish a single thing, good, bad, or indifferent at this point in time.

How many days to the election? I can't wait to cast my vote and I hope that the average American citizen is finally waking up to realize that the people they elected to represent them have done an unacceptable (I would use more powerful words but this thread would end up in the ring) job of running the Government of our nation. Maybe, just maybe this is the year that the average American voter will restore my faith in my fellow citizens...

I can explain it to you but I can't understand it for you.

"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford

Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus

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05 Aug 2014 19:59 #7 by swansei
Sadly I don't think most Americans will wake up. The major impact of much higher rates for ACA won't kick in until after the election. When people get kicked in the face, then maybe. Perhaps 2016?

"There are two ways to conquer and enslave a nation... One is by sword...The other is by debt." John Adams 1826.

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