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Posted on 10/14/19 at 10:07 am to victoire sécurisé
Point taken. Sorry to waste the board's time.
Posted on 10/14/19 at 10:07 am to Y.A. Tittle
YA, it’s almost like we’re reading different things.
I made the claim that most people tend to remain in the economic class they were born into. You disagreed (historically). I provided evidence that reached back to 1940 and showed a decreasing trend of economic mobility over the past 80 years.
Respectfully, where is the disconnect in our discourse?
I made the claim that most people tend to remain in the economic class they were born into. You disagreed (historically). I provided evidence that reached back to 1940 and showed a decreasing trend of economic mobility over the past 80 years.
Respectfully, where is the disconnect in our discourse?
Posted on 10/14/19 at 10:08 am to bhbxray
The exemptions are due our complex taxes more than anything else. Without them, we would lose much of our industry.
As for taxes, they always roll downhill to the end consumer. Corporations have those rates cooked into their pricing thus effectively pass on that cost.
As for taxes, they always roll downhill to the end consumer. Corporations have those rates cooked into their pricing thus effectively pass on that cost.
Posted on 10/14/19 at 10:09 am to victoire sécurisé
I said, historically speaking, and you showed a "decreasing trend." I guess, we're sort of saying the same thing. 
Posted on 10/14/19 at 10:13 am to CitizenK
quote:
As for taxes, they always roll downhill to the end consumer. Corporations have those rates cooked into their pricing thus effectively pass on that cost.
Except they can move or operate in a low tax state like Texas or Tennessee as compared to California, NY or even Louisiana.
Posted on 10/14/19 at 10:14 am to Y.A. Tittle
quote:
"decreasing trend."
Maybe I’m not emphasizing the numbers right. In 1940, only 18% of the population could manage to go from middle class upward. That’s showing that most (82%) don’t improve their status. And it has steadily gotten worse since 1940.
“You know where it ends still usually depends on where you start” - Whitey Ford
Posted on 10/14/19 at 10:17 am to SlowFlowPro
quote:
the problem with LA is that we have a top 3 underclass population without our state. only MS and Bama can compete
So if the underclass is the root cause of all these ills, how do we keep from becoming India or Brazil, economic powers with a permanent underclass that has no means of participating in the economy.
Posted on 10/14/19 at 10:18 am to victoire sécurisé
quote:
In 1940, only 18% of the population could manage to go from middle class upward.
That's focusing on "upward" movement only, though. My point is that, by and large, throughout the history of this country people simply aren't economically static.
Posted on 10/14/19 at 10:18 am to victoire sécurisé
quote:
Maybe I’m not emphasizing the numbers right. In 1940, only 18% of the population could manage to go from middle class upward
you're kind of misphrasing the cohorts
sub-50% of the population contains a ton of non "middle class" people and the top 25% thresshold is high (especially for those non "middle class" people)
you have to look at much smaller population groupings and their movements up/down a notch more than homeruns of rags to riches
Posted on 10/14/19 at 10:19 am to victoire sécurisé
quote:that doesn't work when one person makes the profit and society doesn't get the benefit
When companies are allowed to maximize profits, those profits will make their way back into the economy with wages and spent dividends.
Posted on 10/14/19 at 10:20 am to victoire sécurisé
Thomas Sowell writes about the numbers not equaling the people. IE, if 20% of 25 y.o.s are in poverty today. And ten years later 20% of 35 y.o.s are still in poverty, those are not the same people. Many moved up and were replaced by people moving down.
Posted on 10/14/19 at 10:21 am to chalmetteowl
quote:
that doesn't work when one person makes the profit and society doesn't get the benefit
please cite some examples
i feel like we're about to have a discussion about how stock ownership isn't liquid wealth accumulation
Posted on 10/14/19 at 10:21 am to SlowFlowPro
quote:
sub-50% of the population contains a ton of non "middle class" people and the top 25% thresshold is high (especially for those non "middle class" people)
you have to look at much smaller population groupings and their movements up/down a notch more than homeruns of rags to riches
Correct. While huge swings may not be the norm (and nothing I said, suggested they were) movement economically, be it upward or downward, has always been quite prevalent in the population of this country.
Posted on 10/14/19 at 10:25 am to bird35
quote:this is the most blantant lie I have ever seen in my life. God help you that you don't endure harsh life circumstances that make an average man into a poor man. Jesus Christ what a fricked up mentality to have.
Poor people are poor because of the choices they make.
Posted on 10/14/19 at 10:29 am to bhbxray
Simplicity.
Education comes with work ethic.
Work ethic takes parental time and effort to teach.
Single mothers either don’t have the time because they’re busting their arses, or don’t care because they’re sitting on their arses, need a live in father who mom selected for his work ethic.
Villages only raise idiots.
But mothers with fathers can instill work ethic. Work ethic acquires education, and an educated hard worker can only be stopped by socialism.
Education comes with work ethic.
Work ethic takes parental time and effort to teach.
Single mothers either don’t have the time because they’re busting their arses, or don’t care because they’re sitting on their arses, need a live in father who mom selected for his work ethic.
Villages only raise idiots.
But mothers with fathers can instill work ethic. Work ethic acquires education, and an educated hard worker can only be stopped by socialism.
Posted on 10/14/19 at 10:31 am to SlowFlowPro
quote:
do you think that all the people who are employed by Exxon don't ultimately pay taxes to EBR?
What about the people in EBR that are not employed by Exxon but are impacted by Exxon?
Posted on 10/14/19 at 10:55 am to HogFanfromHTown
quote:
this is the most blantant lie I have ever seen in my life. God help you that you don't endure harsh life circumstances that make an average man into a poor man. Jesus Christ what a fricked up mentality to have.
bird 35 is correct and you are totally wrong.
In a relatively free society like America you have to make multiple stupid decisions in your life to be poor.
Our whole welfare system is set on the premise of saving people from their own stupidity and it still fails to stop horrible decision making.
Posted on 10/14/19 at 11:04 am to Zach
quote:
you have to make multiple stupid decisions in your life to be poor.
This is so fricking stupid I could write a fricking book about how wrong this mentality is. You know how many people go bankrupt from cancer and other illnessess? How about the person who put everything into starting a small business and failed? What about the PTSD stricken veteran with one leg and no surving family begging on your local freeway? God you are a fricking ignorant one.
This post was edited on 10/14/19 at 11:09 am
Posted on 10/14/19 at 11:07 am to HogFanfromHTown
quote:
You know how many people go bankrupt from cancer and other illnessess? How about the person who put everything into starting a small business and failed? God you are a fricking ignorant one.
While, you may perhaps have a point, these seem like two terrible examples.
The first is likely statistically minuscule.
As for the second, people with the initiative and ambition to START A BUSINESS are not likely to be or remain very long "in poverty" just because that business fails.
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