My Tumblr is still mostly video game silliness, but I can't seem to keep my opinions to myself all the time ... so maybe Patrthom is right.
"Class differences" isn't as much of an entrenched hot button around here as steak prep, but it's pretty high up there.My Tumblr is still mostly video game silliness, but I can't seem to keep my opinions to myself all the time ... so maybe Patrthom is right.
I didn't say we had a bunch of entitled millionaires. I just said the topic is particularly divisive.Huh. I would think most people would read that comic and be like "Yeah, that seems about right". I can't imagine too many entitled millionaires perusing our forums.
The true fallacy of the argument, however, is that the next statement in the line is usually how some redistributionist boondoggle is supposed to make it so nobody is poor - when all they do is put EVERYBODY in column B.
But you'd be taking away their incentive to work so hard!Out of curiosity, I just ran some quick numbers. Top 1% has a total household income of about $2.7 trillion. Bottom 80% has about $1.16 trillion. You could take away $2 trillion dollars, spread it around the bottom 80% (enough to make 257 million people into millionaires) and it would still leave the top 1% with about $23 mil per person.
And that 7.7 grand would vanish immediately. People trained to the mentality of poverty stay poor.Out of curiosity, I just ran some quick numbers. Top 1% has a total household income of about $2.7 trillion. Bottom 80% has about $1.16 trillion. You could take away $2 trillion dollars, spread it around the bottom 80% (enough to make 257 million people into millionaireswhich would give about $7,700 extra to 257 million people) and it would still leave the top 1% with about$23 mil per person$233,333 per person.
Wow, that was way off.
I know you think it's a joke, but it's true. Take away the incentive of personal enrichment, and the whole thing falls apart. Capitalism makes everyone unequally rich, but socialism and communism makes everyone equally poor.But you'd be taking away their incentive to work so hard!
Buahahaha, sorry, couldn't hold it in.
Well, it depends on how high the taxes. If the tax rate is the presented "100% of everything above $233,000," then yes, I'm pretty sure it would be the case.Pshaw. People who are in the top 1% don't work. Yes, it's a joke. And yes, you are ridiculous for thinking people wouldn't attempt to amass more wealth due to higher taxes. That is historically (and psychologically) ridiculous.
That has never been the case, anywhere. Kind of silly to even suggest thatWell, it depends on how high the taxes. If the tax rate is the presented "100% of everything above $233,000," then yes, I'm pretty sure it would be the case.
Don't look at me, Drifter suggested it.That has never been the case, anywhere. Kind of silly to even suggest that
This blame cycle is circular! I feel like I'm watching cable tv.
Considering the US is the wealthiest nation in the world, the amount of poverty and how we treat our poor should embarrass everyone. Yes, even you. That 'definition' is actually low in most conditions, and anyone who considers a refrigerator or other general appliances as optional in today's society causes me to be physically ill.Point is, we've spent $22 trillion dollars on the "war on poverty" and the percentage in poverty (or what Americans define as poverty, which is actually above the median European level) has pretty much stayed constant for the last 50 years at around 13%.
But yeah, it's fun to have comics that perpetuate the myth that 99% of the country is starving and sick, and that old money is the only money. Little hint - Column A in that comic also probably was not in the 1% either.
The amount of poverty in this country is sustained and perpetuated most by those who purport to do the most to alleviate it. It's created a system of ever-increasing dependence and undermined self reliance and proven motivating factors. We should indeed be embarrased about how we treat our poor - we keep them poor so they'll keep voting for the politicians that promise them handouts.Considering the US is the wealthiest nation in the world, the amount of poverty and how we treat our poor should embarrass everyone. Yes, even you. That 'definition' is actually low in most conditions, and anyone who considers a refrigerator or other general appliances as optional in today's society causes me to be physically ill.
Why not? It worked for the War on Terror and the War on Drugs, right?We've literally spent more money on trying to eliminate poverty than we have on every single war since the Revolutionary War, but I'm sure if we just spend more, then that'll work.
Ok, for THAT I'm going to need a source. And I don't mean "some biased site which makes up numbers and leaves out 'conflicts' to support their hypothesis". I mean including Vietnam and all the conflicts which involved removing dictators the US supported over the years.We've literally spent more money on trying to eliminate poverty than we have on every single war since the Revolutionary War, but I'm sure if we just spend more, then that'll work.
http://cironline.org/sites/default/files/legacy/files/June2010CRScostofuswars.pdfOk, for THAT I'm going to need a source. And I don't mean "some biased site which makes up numbers and leaves out 'conflicts' to support their hypothesis". I mean including Vietnam and all the conflicts which involved removing dictators the US supported over the years.
Source for 'poverty spending'? I want to know what is being included in that.http://cironline.org/sites/default/files/legacy/files/June2010CRScostofuswars.pdf
Figures adjusted for inflation to 2011 dollars:
American Revolution: $2.4 billion
War of 1812: $1.5 billion
Mexican-American War: $2.5 billion
Civil War: $80 billion (60 union, 20 confederate)
Spanish-American War: $9 billion
WW1: $334 billion
WW2: $4,104 billion
Korea: $341 billion
Vietnam: $731 billion
Gulf War 1: $102 billion
Iraq: $784 billion
Afghanistan (up through 2010): $321 billion.
Total: $6 trillion, 812 billion and change. Nowhere near the $22 billion of new poverty spending that began with LBJ.
Point is, we've spent $22 trillion dollars on the "war on poverty"
http://cironline.org/sites/default/files/legacy/files/June2010CRScostofuswars.pdf
You'll have to give me time to trace down that one, because it's been bandied about and accepted for so long that nobody sources it any more. But here's a house committe budget report that shows that we've spent 5.5 trillion since 2003 alone, and what it was spent on.Source for 'poverty spending'? I want to know what is being included in that.
Whoops, 22 trillion.
Please clarify which is correct?
--Patrick
.. So do we count interest on the social programs as well? Because I don't think that's in those figures either.Fair enough. It's important to me to get the entire set if information, not one half and not the other
The number regarding wars isn't correct, either. Keep in mind that the Iraq and Afghan wars aren't counting interest. According to the CBO in 2007, those two wars alone by 2017 would cost 2.7 TRILLION dollars. Way different that what is listed above. And that was back in 2007.
True.Also remember we have been spending money between those wars for the last 70 years as though we are still on a war footing. We did not need to spend trillions on missiles, drones, and tanks during the war... we bought those earlier.
Well I didn't say "more than all defense spending," I said more than we spent on wars. That's two separate things. The former was spent whether there was a war or not.True.
There is a lot spent which isn't necessarily tied to a war, but is definitely spent on defense. Those numbers aren't being compared, and that's really what I was trying to get at. The amount spent to help the poor vs. what is spent on wars doesn't have a comparable number, no matter how hard we try.