Published: Wednesday, May 2 2012 12:00 a.m. MDT
Of course their housing costs are high. They live in NYC. Average hosing costs
elsewhere have no meaning or relevance there. It is a housing market unlike
virtually any other.That is like sampling protesters in the poorest
backwaters of America and being surprised their housing costs are low.Dr. Williams fails again.
If anyone believes Walter E. Williams balogna we are in a bigger mess than I
thought. He throws out buzz words like Communist, Nazi and Socialism just to
strike fear. I'm not a member of the Occupy Movement but many of their
concerns are the same as mine and should be yours. I believe everyone should
have an equal right to succeed. I believe in fair wages and opportunities for
good jobs for all. I believe that quality and affordable health care is a civil
right. I believe everyone should pay their fair share of taxes. I believe in a
balanced budget but not at the expense of education, infrastructure, the
environment and the safety net programs our society relies on.These are
just a few of the issues that the people of the Occupy Movement are standing up
for. They are standing up for all of us whether you like it or not.
@Twin LightsYou haven't really refuted anything Dr. Williams
said. In fact, you've helped to make his point.The Occupy
protestors are, on the average, high-income people. They can afford to live in
expensive places like New York City.
Walter, Walter, Walter.Incomes in the low $100k don't put you
in the top 1%, (especially in places like NYC). Those in the top 1% report
adjusted gross incomes over $343k. At least 33% OWS protestors reported they
were unemployed or underemployed. Seventy percent self-identify as
Independents. Really, DN.Is this the best you can come up
Let me get this straight. The occupy folks are pulling a "rope-a-dope"
on the American people, because while they *claim* to be poor people who want
the top 1% to pay higher taxes, they are really the top 1% themselves, fighting
to increase *their own* taxes. The depravity of liberals is truly boundless.
Nate,Looking at either Trulia or the Dept. of Numbers, the values
and rents Dr. Williams is talking about are at best average and likely below
average.Income is relative (i.e. a high salary in Haiti is
demonstrably different than in the US). In most places in the US, the median
family income of roughly $50,000 is okay. In NYC it is poverty.There are plenty of folks in NYC with very average jobs and (for the city)
average or even low incomes. Compared with areas outside of NYC, those same
incomes might seem great. But not if you have to live in the city.Simple point. Dr. Williams is using data the way he nearly always does. To
trump up an argument that does not hold up to serious analysis.Are
the protesters really well off? Maybe (but I doubt it). My point is that Dr.
William's analysis is facile and does not actually advance his point.He is a political shill. Not an economist.
In her famous book, the Age of American Unreasonable, Susan Jacoby points out
that the public has ceased all efforts to educate itself, and has become easy
prey for propagandists. When even a liberal like Jacoby decries this
proliferation of ignorance, we know that society is in real trouble.Williams is right. The vast hordes who have joined the occupy movement are
mere dupes of left-wing, propaganda. Because they want others to provide for
their every want and need, the jump at the leftist offer to turn this Country
into a European-style atheistic welfare state.The rich leftists of
the east coast are fostering this pursuit of laziness because they know that
welfare states are inherently corrupt and they can feed off this corruption to
become even richer. This is left-wing hypocrisy at its worst.
As one of the OWS movement, and a 71 year-old retired teacher, I think it's
safe to tell people that this article is simply nonsense.
What is with people wanting Socialism? America is (and soon to be
WAS) the greatest country in the world because we are FREE.Now we
are throwing it away. America is choosing wickedness. We are flooding the
entire world with porn. We glorify sex and violence. We make fun of other
countries who are not as "cool" as us.We need to return to
God.Our Founding Fathers were not anything like the low life
socialist wanna bes that have hijacked our country.It's time
for the good people to stand up and tell the socialist to get to steppin'!
Having participated in some of the Occupy events in Utah, I doubt the
participants are part of the 1%. Next, it is always easier to criticize the
participants than it is their ideas. If the D-News has a quarrel with the ideas
that owners should pay the same tax rates as workers or that it doesn't
think that our system favors the rich at the expense of the poor, it should have
the courage to say so with its own editorial writers.
@ John Charity Spring 8:47 a.m. May 2, 2012You mean propagandists
like Limbaugh, M Malkin, Coulter, G Beck, & Pretty Boy Hannity?As for Liberals wanting a welfare state; the areas of great technological
innovation are in liberal areas... Boston, Nor Cal, & Seattle. Austin, I understand, is getting more liberal.
Red, may I respectfully ask that you explain to us how OWS is seeking
socialism?Actually, OWS is very much opposed to socialism, unless
you are talking about corporate socialism in which the money of the less wealthy
is handed to those at the top.
If you want to worry about "socialism", then how about we start with
laws that permit large corporate employers to retain their employees' state
income taxes and use it for their business operations? Utah is a state that
does this.Taxpayers are thus subsidizing corporate operations.
Instead of funding our schools, law enforcement, fire protection, flood control,
roads, etc., our state income taxes are often going directly to the corporations
that take advantage of these legislature-provided giveaways. And then our
legislatores fall all over themselves when these same corporations threaten to
leave our state if we don't give them additional subsidies.Don't complain about "socialism" until you end the laws that
permit privatizing corporate profits while socializing corporate expenses onto
the backs of workers.
Williams errors in taking the one percent label as a rigid label. It is not.
The actual target demographic is the top one tenth of one percent or even
higher. The poster boy for this group is Willard Mitt Romney. He has made
hundreds of millions of dollars by stripping the carcases of weak companies,
destroying jobs (expenses) and shifting jobs overseas. He and his ilk are
treated with special, low tax brackets. He hides money in Switzerland and the
Cayman Islands. He is not a job creator, but a job destroyer. There is no lack
of cheap capital in today's world, so having capital is not a qualification
for creating jobs. The real job creators are hard working families who spend
their last dollar at grocery stores, clothing stores and the gas station. It is
demand that fuels our economy, not wealthy capital sponges.
the 1% have 23% of the money,but pay 38% or more of the taxes!not paying their fair share? think again.Everthing the ows
and exteme left has said has been a lie.This has been all about the
elite far left, which includes the very rich,trying to take control of this
country and impose their agenda and ideology. and the kids involved
in the ows among others are just pawns to be used by them to achieve thier
ends.What is sad is many on the left are blinded by the enticing
false messages and refuse to see who are behind the messages.
"...the elite far left, which includes the very rich,trying to take control
of this country..."So, Truth, is it really your stance that the
very rich left are trying to take control of this country by protesting to raise
taxes on themselves? Perhaps you should stay on script when you
post in the future...it will help reduce the chance of creating a paradox in
The progressivity of the U.S. federal tax system at the top of the income
distribution has declined dramatically since the 1960s. The top 0.01 percent of
earners paid over 70 percent of their income in federal taxes in 1960, while
they paid only about 35 percent of their income in 2005.re:Truthseeker, the truthThe average annual income of the top 1%
is upwards of $1.6 million. The "elite far left" appear to
be arguing against their own self-interest, ie promoting higher taxes for
themselves, while the "elite far right" are fighting to reduce their
taxes even further. The group for which tax rates have fallen the
least is the upper middle class: those households earning between about $75,000
and $300,000 a year.
As usual Dr. Williams enlightens and the light brings rants from those who read
poorly and dislike thinking anything different than their ingrained prejudices.
Re: ". . . you would naturally think of them [OWS protesters] as 99
percenters, but you'd be dead-wrong."Hear, hear!As usual, Dr. Williams hss the temerity to point out the emperor's unclad
status -- and takes abuse from softheaded social liberals for it.I,
personally, represent more of the 99%, just among my extended family, than do
all these malodorous malcontents combined.The OWS "movement"
represents cynical, power-hungry socialists and desperate union bosses.
That's it. No one else actually takes them seriously.Nor should
they. This "movement" is more of bowels, than of hearts or minds. More
of power politics, than of compassion for the poor. More of ego, than of
In short, student loans are evil, avoid them like the plague that they are!
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