The true extent of wealth disparity in the USA

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JakobVirgil
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13 Nov 2013, 1:24 pm

sonofghandi wrote:
GoonSquad wrote:
Either way, money cannot stay pooled at the top in a workable, sustainable system.


It can, but there needs to be bread and circuses for the masses to keep them from noticing too much. We've got the circuses, but we are starting to lack the bread.


you can have a "stable" society indefinitely with high Gini scores but you can not have one with increasing Gini scores forever.
like someone said here not long ago "rich folks lose their heads"


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GoonSquad
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13 Nov 2013, 6:21 pm

sonofghandi wrote:
GoonSquad wrote:
Either way, money cannot stay pooled at the top in a workable, sustainable system.


It can, but there needs to be bread and circuses for the masses to keep them from noticing too much. We've got the circuses, but we are starting to lack the bread.

Yeah, I agree. Roman 'capitalists' understood that they had to spend a bit to bribe the mob.

Still, the Roman economy began to crumble when Hadrian announced an end to expansion. Loot from all those new provinces and 'allies' really helped to prop that system up...

Bad economics contributed to splitting the empire and finally abandoning the western half.


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auntblabby
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13 Nov 2013, 6:24 pm

JakobVirgil wrote:
"rich folks lose their heads"

sometimes the crowds help them out in that respect. ;)



ruveyn
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13 Nov 2013, 6:24 pm

thomas81 wrote:
"The poorest 10 percent doesn't even register on the chart, while the guy representing the 1 percent requires a seperate chart of his own because his cash stack doesn't fit on there"

[youtube]http://www.youtube.com/watch?v=QPKKQnijnsM#t=134[/youtube]


How does the GINA index of the U.S. compare with that of other industrialized nations.

If you are looking for a pinko stinko Liberal socialist commie loving paradise the U.S. is certainly not it. And I am happy to say the people who live here don't want that.

ruveyn



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13 Nov 2013, 9:28 pm

ruveyn wrote:
thomas81 wrote:
"The poorest 10 percent doesn't even register on the chart, while the guy representing the 1 percent requires a seperate chart of his own because his cash stack doesn't fit on there"

[youtube]http://www.youtube.com/watch?v=QPKKQnijnsM#t=134[/youtube]


How does the GINA index of the U.S. compare with that of other industrialized nations.

If you are looking for a pinko stinko Liberal socialist commie loving paradise the U.S. is certainly not it. And I am happy to say the people who live here don't want that.

ruveyn


An unattainable socialist paradise is one thing, but fairness and allowing for ordinary people to have a piece of the pie is something most people can agree on.


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JakobVirgil
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13 Nov 2013, 10:43 pm

ruveyn wrote:

How does the GINA index of the U.S. compare with that of other industrialized nations.

If you are looking for a pinko stinko Liberal socialist commie loving paradise the U.S. is certainly not it. And I am happy to say the people who live here don't want that.

ruveyn


<<click here for answers>>

the US is between Venezuela and Uruguay with a 45
Western Europe ranges from 24 to mid 30's.


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ruveyn
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14 Nov 2013, 9:45 pm

Kraichgauer wrote:

An unattainable socialist paradise is one thing, but fairness and allowing for ordinary people to have a piece of the pie is something most people can agree on.


I agree. One of these days the American voting public might receive an IQ boost of 20 points and vote for legislators who will trim back the Crony System.

I notice that your buddy, Barak Obama has done little to promote that end. You must be terribly disappointed. It will turn out in the fullness of time that Barak Obama was worse at the job than Jimmy Carter. Imagine that!

ruveyn



ruveyn
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14 Nov 2013, 9:57 pm

JakobVirgil wrote:
ruveyn wrote:

How does the GINA index of the U.S. compare with that of other industrialized nations.

If you are looking for a pinko stinko Liberal socialist commie loving paradise the U.S. is certainly not it. And I am happy to say the people who live here don't want that.

ruveyn


<<click here for answers>>

the US is between Venezuela and Uruguay with a 45
Western Europe ranges from 24 to mid 30's.

The U.S. comes out mediocre. But look at South Africa! Mexico does not look particularly good either.

The U.S. has a wealth distribution currently like Russia (no longer Communist).



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14 Nov 2013, 11:12 pm

ruveyn wrote:
Kraichgauer wrote:

An unattainable socialist paradise is one thing, but fairness and allowing for ordinary people to have a piece of the pie is something most people can agree on.


I agree. One of these days the American voting public might receive an IQ boost of 20 points and vote for legislators who will trim back the Crony System.

I notice that your buddy, Barak Obama has done little to promote that end. You must be terribly disappointed. It will turn out in the fullness of time that Barak Obama was worse at the job than Jimmy Carter. Imagine that!

ruveyn


No, I still have hope.


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