Published: Friday, Sept. 14 2012 1:00 p.m. MDT
so much for handouts and wealth redistribution. The end result is that everybody
suffers. The solution is jobs jobs jobs. Create the best jobs environment and
forget the handouts. Of course this would mean Romney/Ryan for 2012.
And POTUS wannabe Mega-Millionaire Mitt Romney sees not only as GOOD news, but
wants this trend to not only continue, but Increase!Pathetic.
Romney is way too out of touch to be any help here. Just today he defined
"middle income" as $200-$250k a year.
@patriot"Of course this would mean Romney/Ryan for 2012."They don't have a jobs plan other than their massive cuts to gov't
jobs. Firing a million people isn't a jobs plan.
"Is $100,000 middle income?" Stephanopoulos asked."No,
middle income is $200,000 to $250,000 and less," Romney responded.================== The Democrats don't need to paint Romney
as an out-of-touch wealthy Billioaire.He does a fine job of it all
by himself.This from the same POTUS candidate that can't name a
single tax-loop hole he'd get rid of....
In fairness to Romney, the words "and less" make me think he was trying
to say "below 200k individual or 250k married" in a manner similar to
how tax cuts for those making over that are referred to as the "tax cuts for
"Middle income is $200,000 to $250,000 and less"Just when
you start to think that Romney has no clue how actual middle class families
live, he opens his mouth and removes all doubt.
This gap isn't a one year event. It started widening during the Reagan
years and accelerated during the Bush 1 and 2 years. During Clinton it slowed
but still increased. Once Trickle Down Economics defined by Reagan, it was
morally justified, legislated and deregulated into existence. Now of course both
presidential campaigns will make it a talking point. As I see though, it came
about because of GOP policies and they aren't going to anything with their
party platform ideas. It's important to give the president who is elected
the tools, that is members in Congress, to fix this. So it's much more then
a presidential campaign issue, it's a party ticket issue. I'm sure
most in Utah will choose the GOP Ticket, so I guess they don't really want
to fix the problem.
Incompetent POTUS BO wants the gap to expand even further so he can create MORE
dependency on the dems and further consolidate their hold on power.Pathetic.
Doctrine and Covenants 49: 19-20 19 For, behold, the beasts of the
field and the fowls of the air, and that which cometh of the earth, is ordained
for the use of man for food and for craiment, and that he might have in
abundance. 20 But it is not given that one man should apossess that
which is above another, wherefore the world lieth in sin.Living in
inequality is sinful, not just nationally, but internationally. Let's do
something about it.
Political platforms are largely irrelevant to this problem. It is a symptom of a
dysfunctional system called corporate capitalism that has a dual pay structure.
The system is designed at its most fundamental level to pay one group (the
owners and managers of capital) as much as possible and to pay the other group
(wage laborers) as little as possible. It is simply good business to minimize
costs, one of the primary ones being labor. This is why jobs continue to be sent
abroad or replaced by technology.Yes, we can tax the pants off the
first group, but that still doesn't cure the underlying illness or fix the
system. Even when we had a top marginal tax rate of 94 percent, the rich still
managed to get richer (albeit at a slower pace, and the middle did expand). But
to cure this illness, there is really only one solution. That is to share
ownership of businesses with those who are actually producing the wealth. Any
other solution will be ephemeral and eventually lead to the same dead-end.
lost in DC,You have stumbled on the democrats secret plan get
everyone on welfare then give them a check that doesn't cover their basic
needs and they will love and worship you. Makes perfect sense.Face
it Instereo is right, look at the numbers this has been trending this exact same
since President Reagan and trickle down economics. I will confess I voted for
President Reagan and I thought trickle down economics made sense. The problem
was I didn't realize who little a trickle the wealthy would send down the
pipe. I will be honest I still believe that in theory trickle down
would work, the problem is that the wealthy don't want to let a reasonable
amount of money trickle down, they want it all for themselves.
Excuse me but Obama already made this definition. If the deseret news allowed
this I would give video links to him saying this. If you lived on the East Coast
it might be true. One thing for sure, Romney has plans for projects that will
make jobs. Such as the keystone pipeline. We know what we're getting
already with Obama. The last four years have not been job increases. Trying
something new might be better.
@lost in DC"Incompetent POTUS BO wants the gap to expand even further
so he can create MORE dependency on the dems and further consolidate their hold
on power."I could've sworn that conservatives thought Obama
wanted to steal money from the rich to hand to the moochers at the bottom...
which is literally the opposite of what you are claiming he wants to do with the
wealth gap. Can't you all keep your attacks consistent?
Don't worry Democrats. The media will make sure it's all Bush Romney
and Ryans fault. When bad news like this comes out, no one has ever heard of
The countries with the highest disparity between the Wealthy and the Poor ALWAYS
are those with the most government control over the economy. i.e. dictatorship,
Socialist, Communist. Collectivist movements all supposedly start
out to be about the good of the people but as they mature they find that the
obstreperous nature of mankind requires more and more control until all of the
power and, therefore, most of the wealth is concentrated in the hands of the
"ruling class." It follows that the more America allows
power to concentrate in Washington or in the hands of "elite" the more
the disparity between Wealthy and Poor American will grow. Where
there is no competition or where the winners and losers are picked by the elite,
who consider themselves smarter than everyone else, instead of in the
competition of the marketplace the loser is always freedom. Holderlin observed "What has always made the sate a hell on earth is that
man has tried to make it his heaven"
One of the major problems in America today is Entitlements, and it affects both
the Upper Class and Lower Class. The Upper Class have been taught to believe
that they are entitled to all that they can get, regardless of who it hurts or
kills, and the Lower Class believe that they are entitled to all they can get
The answer is more capitalism, not less. The United States has elevated the
standard of living for the whole world because of liberty and capitalism here.
I cannot understand why anyone who has read history would assume the government
could legislate equality. When has concentrating power in the hands of a few
people in government ever ended well? Cuba? The Soviet Union? Even our
socialist friends across the pond haven't been able to make this work.
Life isn't fair, but in America it comes a lot closer than anywhere else in
Lets look at the root cause of this. if some one becomes rich another person
does ne become poor! what is happening under Obama and Bernakie in federal
reserve is. Printing of trillions of dollars! making each dollar worth less and
less! So what cost you a dollar last year now cost you 1.50 today! The wages of
people have not been cut the power of buying with that dollar has been
decreased! So now under QE3 our dollar will be worth 42 cents or less if the fed
keeps printing money!
Don Quixote you nailed it. Getting out this will require sacrifice from all; no
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