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Last post 10 years ago by teedubbya. 38 replies replies.
Socialism Failing: Income Inequality Increased Under Obama
HockeyDad Offline
#1 Posted:
Joined: 09-20-2000
Posts: 46,208
http://www.huffingtonpost.com/2013/06/12/inequality-us-_n_3421381.html?ref=topbar

President Obama acknowledged Monday that inequality is on the rise "even though the economy is growing." That growth hasn't helped many people who lost mid-wage jobs during the recession. Half of the U.S. population is now considered poor or low-income, and income has been redistributed from the middle class to the very rich faster under Obama than under George W. Bush.

Income inequality in the U.S. is much worse than it is in other industrialized countries, where it is also an alarming problem, according to a new report from the International Labour Organization. The gap is only getting wider as the median wage continues to fall.
bloody spaniard Offline
#2 Posted:
Joined: 03-14-2003
Posts: 43,802
HockeyDad wrote:
http://www.huffingtonpost.com/2013/06/12/inequality-us-_n_3421381.html?ref=topbar

President Obama acknowledged Monday that inequality is on the rise "even though the economy is growing." That growth hasn't helped many people who lost mid-wage jobs during the recession. Half of the U.S. population is now considered poor or low-income, and income has been redistributed from the middle class to the very rich faster under Obama than under George W. Bush.

Income inequality in the U.S. is much worse than it is in other industrialized countries, where it is also an alarming problem, according to a new report from the International Labour Organization. The gap is only getting wider as the median wage continues to fall.




Scared

How accurate is the Huffington Post? (serious question)
ZRX1200 Offline
#3 Posted:
Joined: 07-08-2007
Posts: 60,682
They're a good rag as far as lefty rags go.
DrafterX Offline
#4 Posted:
Joined: 10-18-2005
Posts: 98,595
I'm so poor, my bologna only has one name..... Sad
teedubbya Offline
#5 Posted:
Joined: 08-14-2003
Posts: 95,637
Is that why you constantly manhandle him?
HockeyDad Offline
#6 Posted:
Joined: 09-20-2000
Posts: 46,208
http://usnews.nbcnews.com/_news/2011/12/16/9500721-census-bureau-clarifies-poverty-numbers?lite

The poverty number is fairly concrete. The definition of "low income" is subjective.


http://www.census.gov/prod/2012pubs/acsbr11-01.pdf

"In 2011, about 15.9 percent of the U.S. population had income below the poverty level, an increase from 15.3 percent in 2010."

"The percentage of people in the United States with income below 125 percent of their poverty threshold increased from 20.1 percent to 20.8 percent between 2010 and 2011."



If you use 125% of the poverty level as the definition of "low income", that yields 36.7% of the county is poor or low income. If you use 200% of the poverty level as the definition of "low income", that is how you reach 50% of the population.
cacman Offline
#7 Posted:
Joined: 07-03-2010
Posts: 12,216
Follow this pied piper for your free Obamaphone, 2yrs of unemployment compensation, expanded welfare benefits including free health care. Hope & Change you can depend on!
victor809 Offline
#8 Posted:
Joined: 10-14-2011
Posts: 23,866
but serious question....
do we care?

I didn't think we gave people with less than 200% of the poverty line the right to vote?

Seriously... a bunch of guys chatting on a cigar website about which $20 cigar is their favorite to set on fire should NEVER claim to care about the plight of the unwashed. I know I've got no particular concern for them...
DrafterX Offline
#9 Posted:
Joined: 10-18-2005
Posts: 98,595
Well the world turns
And a hungry little boy with a runny nose
Plays in the street as the cold wind blows
In the ghetto... Sad

victor809 Offline
#10 Posted:
Joined: 10-14-2011
Posts: 23,866
DrafterX wrote:
Well the world turns
And a hungry little boy with a runny nose
Plays in the street as the cold wind blows
In the ghetto... Sad



and you light the equivalent of hundreds of dollars on fire.
so?

if you care, quit your cigar habit and donate the money you save to hungry ghetto kids.
DrafterX Offline
#11 Posted:
Joined: 10-18-2005
Posts: 98,595
screw the hungry ghetto kids... Not talking
DrafterX Offline
#12 Posted:
Joined: 10-18-2005
Posts: 98,595
Think
teedubbya Offline
#13 Posted:
Joined: 08-14-2003
Posts: 95,637
DrafterX wrote:
screw the hungry ghetto kids... Not talking



freak
DrafterX Offline
#14 Posted:
Joined: 10-18-2005
Posts: 98,595
they get all the grilled gubment cheese sammiches they can eat..... Mellow
teedubbya Offline
#15 Posted:
Joined: 08-14-2003
Posts: 95,637
DrafterX wrote:
they get all the grilled gubment cheese sammiches they can eat..... Mellow


just to let you screw them?
DrafterX Offline
#16 Posted:
Joined: 10-18-2005
Posts: 98,595
no way man.... Not talking

Homey don't play dat...... Not talking
8trackdisco Offline
#17 Posted:
Joined: 11-06-2004
Posts: 60,110
victor809 wrote:

if you care, quit your cigar habit and donate the money you save to hungry ghetto kids.


Taxes go up, charitable contributions go down.

Econ 101.

Do you give much, most, or all of your income to the poor?
8trackdisco Offline
#18 Posted:
Joined: 11-06-2004
Posts: 60,110
Plus, the Poor problem will take care of itself, once everyone updates their Facebook statuses to LIKING the Poor.
victor809 Offline
#19 Posted:
Joined: 10-14-2011
Posts: 23,866
8trackdisco wrote:
Taxes go up, charitable contributions go down.

Econ 101.

Do you give much, most, or all of your income to the poor?


What makes you think I want to help the poor at all?
I just believe in honesty. Crocodile tears for the poor while engaging in a habit like ours is hypocritical.

Besides, eliminate the poor and the next lowest income bracket will be considered the "poor", and everyone will bitch that we need to help them.
HockeyDad Offline
#20 Posted:
Joined: 09-20-2000
Posts: 46,208
victor809 wrote:
Besides, eliminate the poor and the next lowest income bracket will be considered the "poor", and everyone will bitch that we need to help them.



I would support outlawing the term "poor". Problem solved.
DrafterX Offline
#21 Posted:
Joined: 10-18-2005
Posts: 98,595
we should give the poor cell phones with data plans so they don't feel or look poor.... Mellow
teedubbya Offline
#22 Posted:
Joined: 08-14-2003
Posts: 95,637
victor809 wrote:
What makes you think I want to help the poor at all?
I just believe in honesty. Crocodile tears for the poor while engaging in a habit like ours is hypocritical.

Besides, eliminate the poor and the next lowest income bracket will be considered the "poor", and everyone will bitch that we need to help them.


we would still have the tired, huddled masses yearning to breathe free, etc. At least we wouldn't need to keep the light on for the the homeless.
DrafterX Offline
#23 Posted:
Joined: 10-18-2005
Posts: 98,595
there's a light over at the Frankenstein place...... Mellow
teedubbya Offline
#24 Posted:
Joined: 08-14-2003
Posts: 95,637
DrafterX wrote:
there's a light over at the Frankenstein place...... Mellow


that's a weird thing to call your bunghole
Stinkdyr Offline
#25 Posted:
Joined: 06-16-2009
Posts: 9,948
We just need to breed more welfare rats............that'll fix everything.


Herfing
HockeyDad Offline
#26 Posted:
Joined: 09-20-2000
Posts: 46,208
DrafterX wrote:
there's a light over at the Frankenstein place...... Mellow


Prolly just Motel 6.
HockeyDad Offline
#27 Posted:
Joined: 09-20-2000
Posts: 46,208
Stinkdyr wrote:
We just need to breed more welfare rats............that'll fix everything.


Herfing



Who is John Galt?
cacman Offline
#28 Posted:
Joined: 07-03-2010
Posts: 12,216
Stinkdyr wrote:
We just need to breed more welfare rats............that'll fix everything.


Herfing

That's exactly what the Big O has been doing!
teedubbya Offline
#29 Posted:
Joined: 08-14-2003
Posts: 95,637
HockeyDad wrote:
Who is John Galt?


The dude that started a sweatshirt and tshirt company?
HockeyDad Offline
#30 Posted:
Joined: 09-20-2000
Posts: 46,208
cacman wrote:
That's exactly what the Big O has been doing!



That is basically what the original article is saying.
HockeyDad Offline
#31 Posted:
Joined: 09-20-2000
Posts: 46,208
teedubbya wrote:
The dude that started a sweatshirt and tshirt company?



No. That is Christian Audigier.
cacman Offline
#32 Posted:
Joined: 07-03-2010
Posts: 12,216
HockeyDad wrote:
That is basically what the original article is saying.

But I don't care for cheese, and cancelled by cell service?
teedubbya Offline
#33 Posted:
Joined: 08-14-2003
Posts: 95,637
HockeyDad wrote:
No. That is Christian Audigier.


I thought that was edge's tag team partner
HockeyDad Offline
#34 Posted:
Joined: 09-20-2000
Posts: 46,208
teedubbya wrote:
I thought that was edge's tag team partner


You mean Bono?
DrafterX Offline
#35 Posted:
Joined: 10-18-2005
Posts: 98,595
cacman wrote:
But I don't care for cheese, and cancelled by cell service?



you can prolly trade your cheese for chocolate.. I heard we'll be getting increased rations soon... Mellow
teedubbya Offline
#36 Posted:
Joined: 08-14-2003
Posts: 95,637
HockeyDad wrote:
You mean Bono?


no I took care of that this morning
HockeyDad Offline
#37 Posted:
Joined: 09-20-2000
Posts: 46,208
How many Katie Curics did it weigh?
teedubbya Offline
#38 Posted:
Joined: 08-14-2003
Posts: 95,637
HockeyDad wrote:
How many Katie Curics did it weigh?


the chocolate rations? I think 25Katie Curics which has been increased from 30Katie Curics
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