Comments about ‘Rich-poor gap expands in U.S. amid presidential campaign’

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Published: Friday, Sept. 14 2012 1:51 p.m. MDT

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patriot
Cedar Hills, UT

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.

LDS Liberal
Farmington, UT

And POTUS wannabe Mega-Millionaire Mitt Romney sees not only as GOOD news, but wants this trend to not only continue, but Increase!

Pathetic.

kiapolo
Provo, MA

Romney is way too out of touch to be any help here. Just today he defined "middle income" as $200-$250k a year.

atl134
Salt Lake City, UT

@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.

LDS Liberal
Farmington, UT

"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....

atl134
Salt Lake City, UT

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 the rich".

Whatever
Springville, UT

"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.

Instereo
Eureka, UT

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.

lost in DC
West Jordan, UT

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.

Dave D
Pocatello, ID

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.

Kent C. DeForrest
Provo, UT

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.

Fred44
Salt Lake City, Utah

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.

justamacguy
Manti, UT

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.

atl134
Salt Lake City, UT

@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?

m.g. scott
LAYTON, UT

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 President Obama.

ThunderBell
Cottonwood Heights, UT

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"

donquixote84721
Cedar City, UT

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 for nothing.

A1994
Centerville, UT

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 the world.

Dadof5sons
Montesano, WA

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!

Rock Of The Marne
Phoenix, AZ

Don Quixote you nailed it. Getting out this will require sacrifice from all; no sacred cows.

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