It's the Inequality, Stupid

[sandinista]

Eleven charts that explain everything that's wrong with America. Not everything, but interesting anyway.





















http://motherjones.com/politics/2011/02 ... hart-graph

[Gawdzilla Sama]

Now do the same thing for Canada.

[sandinista]

Now do the same thing for Canada.

ask the site where I got the graphs, not me.

[Gawdzilla Sama]

Now do the same thing for Canada.

ask the site where I got the graphs, not me.

So you don't even know if they're accurate?

[sandinista]

Now do the same thing for Canada.

ask the site where I got the graphs, not me.

So you don't even know if they're accurate?

No, I didn't do the research myself.

[Seth]

They can be accurate and still be deceptive, which is the case here. As Samuel Johnson said (and I paraphrase), these charts are "statistics," which lie well below "lie" and "damned lies."

The fact that the top 1% have lots of money is meaningless because nothing about that fact prevents the bottom 99% from improving their economic condition if they have the moxie to do so. Most of them don't. Most of them only have it in them to work at some factory job or as a clerk somewhere vending burritos and so they suffer the natural consequences of their personal deficits, and they are undeserving of the great rewards of great risk and personal industry and achievement.

In fact, the top percentages create all the jobs that the bottom percentages need to make a living. The bottom percentages (like the bottom 75%) create no jobs or businesses at all. They work in businesses and factories built by the top percentages that would not exist but for the willingness of the top percentages to invest their money in profit-making businesses.

The vast majority of the proletarian dependent class (the bottom 50 percent or more) of society get exactly what they deserve by way of compensation for their labor. They are not worth more to the markets, and there's no reason they should be paid more than they are. And at the same time they are completely free to improve themselves, and apply themselves, and persevere and overcome and improve their economic situation. Nothing in our laws or culture prevents them from doing so. This is NOT the case in either hereditary aristocracies or socialist/collectivist societies, where people are placed and kept in a permanent economic underclass by the actions of the government.

This particular "damned lies and worse" chart-based diatribe is nothing more than classic Marxist rabble-rousing of the "have-not-because-that's-what-they-are-worth" proletarian dependent class.

[Gawdzilla Sama]

Statistics always lie about something, it's inherent in the process.

[Gallstones]

So sandinista, what country will you be moving to?

[Gallstones]

They can be accurate and still be deceptive, which is the case here. As Samuel Johnson said (and I paraphrase), these charts are "statistics," which lie well below "lie" and "damned lies."

The fact that the top 1% have lots of money is meaningless because nothing about that fact prevents the bottom 99% from improving their economic condition if they have the moxie to do so. Most of them don't. Most of them only have it in them to work at some factory job or as a clerk somewhere vending burritos and so they suffer the natural consequences of their personal deficits, and they are undeserving of the great rewards of great risk and personal industry and achievement.

In fact, the top percentages create all the jobs that the bottom percentages need to make a living. The bottom percentages (like the bottom 75%) create no jobs or businesses at all. They work in businesses and factories built by the top percentages that would not exist but for the willingness of the top percentages to invest their money in profit-making businesses.

The vast majority of the proletarian dependent class (the bottom 50 percent or more) of society get exactly what they deserve by way of compensation for their labor. They are not worth more to the markets, and there's no reason they should be paid more than they are. And at the same time they are completely free to improve themselves, and apply themselves, and persevere and overcome and improve their economic situation. Nothing in our laws or culture prevents them from doing so. This is NOT the case in either hereditary aristocracies or socialist/collectivist societies, where people are placed and kept in a permanent economic underclass by the actions of the government.

This particular "damned lies and worse" chart-based diatribe is nothing more than classic Marxist rabble-rousing of the "have-not-because-that's-what-they-are-worth" proletarian dependent class.

Bullshit--don't use terms like 'all'. Most business that employs most of the people is small business.

[Seth]

They can be accurate and still be deceptive, which is the case here. As Samuel Johnson said (and I paraphrase), these charts are "statistics," which lie well below "lie" and "damned lies."

The fact that the top 1% have lots of money is meaningless because nothing about that fact prevents the bottom 99% from improving their economic condition if they have the moxie to do so. Most of them don't. Most of them only have it in them to work at some factory job or as a clerk somewhere vending burritos and so they suffer the natural consequences of their personal deficits, and they are undeserving of the great rewards of great risk and personal industry and achievement.

In fact, the top percentages create all the jobs that the bottom percentages need to make a living. The bottom percentages (like the bottom 75%) create no jobs or businesses at all. They work in businesses and factories built by the top percentages that would not exist but for the willingness of the top percentages to invest their money in profit-making businesses.

The vast majority of the proletarian dependent class (the bottom 50 percent or more) of society get exactly what they deserve by way of compensation for their labor. They are not worth more to the markets, and there's no reason they should be paid more than they are. And at the same time they are completely free to improve themselves, and apply themselves, and persevere and overcome and improve their economic situation. Nothing in our laws or culture prevents them from doing so. This is NOT the case in either hereditary aristocracies or socialist/collectivist societies, where people are placed and kept in a permanent economic underclass by the actions of the government.

This particular "damned lies and worse" chart-based diatribe is nothing more than classic Marxist rabble-rousing of the "have-not-because-that's-what-they-are-worth" proletarian dependent class.

Bullshit--don't use terms like 'all'. Most business that employs most of the people is small business.

And even they aren't in the bottom percentages. The proletarian dependent class doesn't create businesses or jobs. Period. They just consume the wealth of others.

[Gawdzilla Sama]

They can be accurate and still be deceptive, which is the case here. As Samuel Johnson said (and I paraphrase), these charts are "statistics," which lie well below "lie" and "damned lies."

The fact that the top 1% have lots of money is meaningless because nothing about that fact prevents the bottom 99% from improving their economic condition if they have the moxie to do so. Most of them don't. Most of them only have it in them to work at some factory job or as a clerk somewhere vending burritos and so they suffer the natural consequences of their personal deficits, and they are undeserving of the great rewards of great risk and personal industry and achievement.

In fact, the top percentages create all the jobs that the bottom percentages need to make a living. The bottom percentages (like the bottom 75%) create no jobs or businesses at all. They work in businesses and factories built by the top percentages that would not exist but for the willingness of the top percentages to invest their money in profit-making businesses.

The vast majority of the proletarian dependent class (the bottom 50 percent or more) of society get exactly what they deserve by way of compensation for their labor. They are not worth more to the markets, and there's no reason they should be paid more than they are. And at the same time they are completely free to improve themselves, and apply themselves, and persevere and overcome and improve their economic situation. Nothing in our laws or culture prevents them from doing so. This is NOT the case in either hereditary aristocracies or socialist/collectivist societies, where people are placed and kept in a permanent economic underclass by the actions of the government.

This particular "damned lies and worse" chart-based diatribe is nothing more than classic Marxist rabble-rousing of the "have-not-because-that's-what-they-are-worth" proletarian dependent class.

Bullshit--don't use terms like 'all'. Most business that employs most of the people is small business.

Not to mention the fact that without the workers the money men would have no products. The workers make the money for the fat cats, and the fat cats keep it.

[Gallstones]

They can be accurate and still be deceptive, which is the case here. As Samuel Johnson said (and I paraphrase), these charts are "statistics," which lie well below "lie" and "damned lies."

The fact that the top 1% have lots of money is meaningless because nothing about that fact prevents the bottom 99% from improving their economic condition if they have the moxie to do so. Most of them don't. Most of them only have it in them to work at some factory job or as a clerk somewhere vending burritos and so they suffer the natural consequences of their personal deficits, and they are undeserving of the great rewards of great risk and personal industry and achievement.

In fact, the top percentages create all the jobs that the bottom percentages need to make a living. The bottom percentages (like the bottom 75%) create no jobs or businesses at all. They work in businesses and factories built by the top percentages that would not exist but for the willingness of the top percentages to invest their money in profit-making businesses.

The vast majority of the proletarian dependent class (the bottom 50 percent or more) of society get exactly what they deserve by way of compensation for their labor. They are not worth more to the markets, and there's no reason they should be paid more than they are. And at the same time they are completely free to improve themselves, and apply themselves, and persevere and overcome and improve their economic situation. Nothing in our laws or culture prevents them from doing so. This is NOT the case in either hereditary aristocracies or socialist/collectivist societies, where people are placed and kept in a permanent economic underclass by the actions of the government.

This particular "damned lies and worse" chart-based diatribe is nothing more than classic Marxist rabble-rousing of the "have-not-because-that's-what-they-are-worth" proletarian dependent class.

Bullshit--don't use terms like 'all'. Most business that employs most of the people is small business.

And even they aren't in the bottom percentages. The proletarian dependent class doesn't create businesses or jobs. Period. They just consume the wealth of others.

The bottom percentages are going to be employees--if they have jobs--and not business owners and not a large percentage anyway. Consumers almost exclusively and probably living pay check to pay check spending everything they earn on the necessities of life and a few luxuries. Business can't exist without consumers. So even they are doing their part to contribute and create jobs--from the bottom up.

[Seth]

Not to mention the fact that without the workers the money men would have no products. The workers make the money for the fat cats, and the fat cats keep it.

Except, of course, that part of it which they pay to the workers for their labor, which amount is precisely equal to the value of the worker's labor as a percentage of the value of the end product upon which he labors.

Sounds like a fair trade to me. Workers take no risks, and get paid for every minute of their labor at an agreed-upon price, and they get paid first, by law, even if the product they work on never sells. The "fat cats" take all the risks that their product won't sell, and foot all the expenses for the factory and the raw materials, so they get the big rewards for taking those risks.

Perfectly equitable, particularly since any particular worker is free to quit his job and become a "fat cat" on his own, and thereby reap the big rewards of big risks.

[Gawdzilla Sama]

"The workers control the means of production."

[Tero]

Why should anyone be creating jobs and businesses? Stop enterpreneuring. Its eating up the planet.

Soon the enterpreneurs will feed the 20 billion of us diffetent kinds of tofu.

Gap Between Rich And Poor Named 8th Wonder Of The World
http://www.theonion.com/articles/gap-be ... the,18914/