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Is Income Inequality Fair?

Original Article

Posted By: JoniTx, 3/16/2019 12:20:39 PM

Some Americans have much higher income and wealth than others. Former President Barack Obama explained, "I do think at a certain point you´ve made enough money." An adviser to Rep. Alexandria Ocasio-Cortez who has a Twitter account called "Every Billionaire Is A Policy Failure" tweeted, "My goal for this year is to get a moderator to ask ´Is it morally appropriate for anyone to be a billionaire?´" Democratic presidential hopeful Sen. Elizabeth Warren, in calling for a wealth tax, complained, "The rich and powerful are taking so much for themselves and leaving so little for everyone else." (Video) These people

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Reply 1 - Posted by: curious1 3/16/2019 12:34:21 PM (No. 2939)
The answer is, in a free market system, yes. In a communist/socialist/fascist system, no.

The former allows the outcome an individual is willing to work for, the latter imposes poverty on the proles and wealth on the self-anointed elite.
36 people like this.

Reply 2 - Posted by: davew 3/16/2019 12:41:28 PM (No. 2951)
The existence of income inequality is a measure of freedom in a society. In societies with rigid social orders inheritance of wealth is the main method of transfer. In free societies merit, effort, and luck are the determinants that are available to anyone. When politicians argue for income redistribution they are exploiting the natural emotions of envy and resentment to acquire power from those who won´t make the effort themselves. When they tax the rich politicians are like the neighborhood Don in Godfather II who just wants the young Vito Corleone to "wet his beak" with the profits from his crimes.
36 people like this.

Reply 3 - Posted by: jalo1951 3/16/2019 12:50:12 PM (No. 2957)
So a brain surgeon, a bus driver, a waitress, a teacher, a grocery clerk, a Dairy Queen cook, a Disneyland princess etc. etc. etc. should basically all be paid the same. Because all work is equal. Really? Just send all your money to the government and they will give back what they think you actually need. Because as the democrats keep saying, sometimes you make more than enough, or perhaps my favorite there is more than enough money out there. It is just in the wrong hands. American you had better be paying attention. They are ready to bypass socialism and go straight to communism. Heads up folks.
41 people like this.

Reply 4 - Posted by: qwerty 3/16/2019 1:00:31 PM (No. 2935)
Equality of Opportunity Directive 10-289

27 people like this.

Reply 5 - Posted by: galbaccr 3/16/2019 1:02:45 PM (No. 2952)
What in the world do these idiots think the billionaires do with their "money? First of all - it isn´t actually money. It is interest or ownership of what is likely to be many businesses. So - how do the idiots think they could "take/tax" the money without destroy the businesses and the jobs. Never mind that trying to usurp the value of the billions would immediately slash the value of the businesses - soon making the billionaire and those working in or investing in paupers. For a billionaire, that could mean the unintended consequence of destroying thousands of lives. I will stop writing right here, post this and cuss at my computer. ;-)
43 people like this.

Reply 6 - Posted by: Tom Paine 3/16/2019 1:05:12 PM (No. 2956)
22 people like this.

Reply 7 - Posted by: cor-vet 3/16/2019 1:07:23 PM (No. 2942)
People like Hillary and Fauxcahontas always talk about taxing the rich, but does anyone, except brain dead liberals, think they are going to tax and give up any of their ill gotten gains?
31 people like this.

Reply 8 - Posted by: Tom Paine 3/16/2019 1:07:35 PM (No. 2946)
I guess they forgot “They EARNED it”.
29 people like this.

Reply 9 - Posted by: Krause 3/16/2019 1:12:36 PM (No. 2941)
Pocahontas, what is the total amount of cash in the pot that we have to divide up? Just so we know the starting point.
25 people like this.

Reply 10 - Posted by: bpl40 3/16/2019 1:16:49 PM (No. 2948)
This whole discussion is focused on jobs. Where you work and SOMEONE pays you. What about the investor who studies markets, uses his intellect, takes risks and reaps the reward. Why (and how) will you take way the fruits of his efforts and labor? These people haven´t thought this through. Or they are not telling the entire story.
37 people like this.

Reply 11 - Posted by: Ben Around 3/16/2019 1:36:15 PM (No. 2936)

The Kennedys, Clintons, Obamas, Feinstiens, Pelosis, Kerrys, are some of the people democrats worship. This is just another facet of their hypocrisy.
31 people like this.

Reply 12 - Posted by: rochow 3/16/2019 2:19:30 PM (No. 2958)
The question arose in her empty brain box because her own attempt at a free enterprise business failed miserably. Ergo, no one else ought to succeed!
22 people like this.

Reply 13 - Posted by: Catherine 3/16/2019 2:23:21 PM (No. 2944)
So how many billions did the Obama´s end up with from our tax dollars. I always thought that billion in cash he supposedly sent to Iran, maybe a few dollars ended up in his pocket.
22 people like this.

Reply 14 - Posted by: M2 3/16/2019 2:42:14 PM (No. 2943)
That we are even asking such a question is a sad commentary on how far from the free market system we have drifted.
23 people like this.

Reply 15 - Posted by: susieq1 3/16/2019 3:02:37 PM (No. 2953)
#13, what about the unaccounted for 6 billion or million (not sure which) missing from State Department under her highness.
29 people like this.

Reply 16 - Posted by: franq 3/16/2019 3:14:45 PM (No. 2938)
#3 nails it. If you can´t multiply 12 x 12, you are still worth 100k per year...
20 people like this.

Reply 17 - Posted by: sw penn 3/16/2019 3:37:25 PM (No. 2955)
´Obama explained, "I do think at a certain point you´ve made enough money." ´

If that "certain point" actually exists
clearly he hasn´t reached it.

Or, is he doing Netflix propaganda for free?

Covetist propaganda always leads directly to Venezuela.
Do you remember someone saying
Do Not Be A Covetist
24 people like this.

Reply 18 - Posted by: watlines 3/16/2019 4:03:07 PM (No. 2940)
The inequality in incomes is due to a person´s constitutionally guaranteed right to freely make choices.

Bill Gates chose to start a business in his garage with a friend. No one handed Microsoft Corporation to him.

Look at how many jobs he´s created and how much philanthropic money he´s allocated to good causes.

However, if you want to be a bum, you have that same freedom Gates had.

All Amereicans have that same freedom

It´s all about free choices and hard work.

Bums don´t make good choices.

People willing to work for what they want, do.
21 people like this.

Reply 19 - Posted by: Quigley 3/16/2019 4:05:25 PM (No. 2945)
Of course, all comments have forgotten that the socialist “leaders” (ie, those who have obtained power by hook, crook, or deceit) will get lots of money since that is only “fair” since deciding “what is fair” is such hard work.
20 people like this.

Reply 20 - Posted by: columba 3/16/2019 4:17:52 PM (No. 2937)
A writing of "someone" in about AD 60 states that if "you don´t work you don´t eat".
18 people like this.

Reply 21 - Posted by: JediJerry 3/16/2019 4:56:54 PM (No. 2947)
Is there such a thing in this country as opportunity inequality? Complain about it if there is. If not shut up and go away.
18 people like this.

Reply 22 - Posted by: jeffkinnh 3/16/2019 5:35:16 PM (No. 2954)
Beyond the fairness of being rewarded for your work, what is the true contribution of someone like Moore? The value of the Semiconductor industry is about $400 Billion. Moore got has about 1.5% of that value. The Consumer Electronics industry sold about $300 billion last year. Moore has about .8% of the two combined. Then you have the values of the Medical electronics Industry and all the lives saved or improved due to Moore´s work. Semiconductors and microprocessors are essential to modern automobiles, aircraft, and almost all vehicles. Modern society in the WORLD could not exist without semiconductors and microprocessors. Global GDP was $87 trillion in 2018. Thinking about how much of that was related to semiconductors may not be crystal clear but Moore´s cut compared to ONE year of GDP worth alone is .007%.

Beyond that, there is no counting the number of excellent jobs have been spawned over decades due to the foundations Moore laid. Many of our most profitable companies are build on his shoulders. His return on what he birthed is infinitesimal.

How have AOC and her minions improved the world by even a dollar? All they offer us is envy, greed, and lust for power founded on lies.
12 people like this.

Reply 23 - Posted by: red1066 3/16/2019 6:27:47 PM (No. 2934)
Income inequality exists in corporate America to a certain extent. Those in management determine what the REAL workers earn. Those that don´t produce anything of value are paid more then those that actually provide a service or produce a product of value. Much like government workers, they live off the work of others. It was this way until unions came along and demanded more for those that actually work. Unions have seen their membership decrease over the past few decades, and those in management have taken advantage of it with wages being stagnant over the last 20 years. If this inequality continues much longer, look for unions to make a come back.
13 people like this.

Reply 24 - Posted by: LC Chihuahua 3/16/2019 6:36:06 PM (No. 2950)
Skilled labor does not get paid the same as unskilled labor.
Experienced labor does not get paid the same as inexperienced labor.
Its fair.

Barack Obama has stated "I do think at some point you´ve made enough money".
AOC has stated "Every billionaire is a policy failure".

These people are thieves, and people were foolish enough to vote them into office. Do you think these people will define ´rich´ only to billionaires? Think again. Anyone remember the old Bush tax rebate? Anyone making over 75K did not get one because they were too rich.

The fools that voted for these people will get what they deserve when their wealth is confiscated along with everyone else. Some will be too stupid to realize even then.
16 people like this.

Reply 25 - Posted by: udanja99 3/16/2019 6:50:28 PM (No. 2959)
I’d like to know precisely how much 0bama thinks is enough. Just a few years ago he and Mooch were deeply in debt. Now they’re worth more than $100 million and the future looks to be adding considerably to that amount through Netflix, book deals, speaking fees etc.

I think he has way more than enough and should “spread the wealth around” just like he told Joe the Plumber.
22 people like this.

Reply 26 - Posted by: Rama41 3/16/2019 9:32:04 PM (No. 2933)
Democrats won´t be happy until everyone is equally poor.
8 people like this.

Reply 27 - Posted by: Trigger2 3/17/2019 3:35:36 AM (No. 2932)
Has Barry himself made enough money yet? Apparently not since he´s still raking it in.
8 people like this.

Reply 28 - Posted by: JackBurton 3/17/2019 8:37:55 AM (No. 2949)
Chrissy Blassey Ford became a millionaire on Go-Fund-Me donations.

If it´s wrong to have so much money, why did so many ´right thinking people´ give her that much?

Capitalism is a system that pays people for goods and services and it´s a plain fact that some people produce more of those, of greater value, than others.

Yes. It´s fair.
13 people like this.

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