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The Rich are doing well in this recession

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Robdemanc
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29 Apr 2012, 12:06 pm

News report from BBC

BBC

It seems the recession does not hurt the wealthiest at all, in fact it seems to benefit them. So I don't think David Cameron can say we are all in this together any more.



Joker
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29 Apr 2012, 12:58 pm

Robdemanc wrote:
News report from BBC

BBC

It seems the recession does not hurt the wealthiest at all, in fact it seems to benefit them. So I don't think David Cameron can say we are all in this together any more.


Of course that is true because the rich and the lower and middel class are not taxed the same in America so the recession means the rich will make more money and have to spend less.



friendly_ass
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29 Apr 2012, 12:59 pm

The UK has become a den of sin. How can it be there is so much wealth in this country yet there are so many teenage pregnancies, young people being knifed to death, fear and ruthlessness on the streets, strip clubs in every town centre, betting shops popping up everywhere (they aren't in a recession!).

I've made a video about my thoughts about it.

[youtube]http://www.youtube.com/watch?v=s3o9wpP0JBg[/youtube]



TM
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29 Apr 2012, 1:00 pm

What do you expect when the majority of "rescue" efforts by governments have been done in such a way that it by nature benefits those who are heavily invested in capital markets.



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29 Apr 2012, 1:02 pm

TM wrote:
What do you expect when the majority of "rescue" efforts by governments have been done in such a way that it by nature benefits those who are heavily invested in capital markets.


That is very true how ever the wealthy will denie such things.



snapcap
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29 Apr 2012, 1:29 pm

When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?


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29 Apr 2012, 1:32 pm

snapcap wrote:
When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?


The 1950s. :lol:



Joker
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29 Apr 2012, 1:41 pm

friendly_ass wrote:
snapcap wrote:
When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?


The 1950s. :lol:


And the 1990s.



peebo
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29 Apr 2012, 1:58 pm

Joker wrote:
friendly_ass wrote:
snapcap wrote:
When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?


The 1950s. :lol:


And the 1990s.


i don't think so.


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peebo
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29 Apr 2012, 1:59 pm

friendly_ass wrote:
The UK has become a den of sin. How can it be there is so much wealth in this country yet there are so many teenage pregnancies, young people being knifed to death, fear and ruthlessness on the streets, strip clubs in every town centre, betting shops popping up everywhere (they aren't in a recession!).

I've made a video about my thoughts about it.

[youtube]http://www.youtube.com/watch?v=s3o9wpP0JBg[/youtube]


i found your video interesting, thank you.


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Joker
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29 Apr 2012, 2:04 pm

peebo wrote:
Joker wrote:
friendly_ass wrote:
snapcap wrote:
When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?


The 1950s. :lol:


And the 1990s.


i don't think so.


My family beniftited just fine from the rich in the 1990s.



snapcap
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29 Apr 2012, 2:06 pm

Joker wrote:
peebo wrote:
Joker wrote:
friendly_ass wrote:
snapcap wrote:
When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?


The 1950s. :lol:


And the 1990s.


i don't think so.


My family beniftited just fine from the rich in the 1990s.


I must have missed that report.


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Joker
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29 Apr 2012, 2:10 pm

snapcap wrote:
Joker wrote:
peebo wrote:
Joker wrote:
friendly_ass wrote:
snapcap wrote:
When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?


The 1950s. :lol:


And the 1990s.


i don't think so.


My family beniftited just fine from the rich in the 1990s.


I must have missed that report.


It was not in a report but my mom was making good money at the time so was me father and granparents the economy was good jobs where good too now well......NOT SO MUCH :evil:



peebo
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29 Apr 2012, 2:19 pm

Joker wrote:
peebo wrote:
Joker wrote:
friendly_ass wrote:
snapcap wrote:
When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?


The 1950s. :lol:


And the 1990s.


i don't think so.


My family beniftited just fine from the rich in the 1990s.


not sure exactly what you're trying to say.


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Adam Smith


MONKEY
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29 Apr 2012, 2:31 pm

You know why that is? It's because they're rich, simples.


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Joker
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29 Apr 2012, 2:33 pm

peebo wrote:
Joker wrote:
peebo wrote:
Joker wrote:
friendly_ass wrote:
snapcap wrote:
When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?


The 1950s. :lol:


And the 1990s.


i don't think so.


My family beniftited just fine from the rich in the 1990s.


not sure exactly what you're trying to say.


They had a job and was making a lot of money when Bill Clinton was president now that the world is suffering from a economic crisis we are not doing so well just like the rest of american familes.