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re: The belief that income equality is a good thing
Posted on 11/18/25 at 4:25 pm to Eurocat
Posted on 11/18/25 at 4:25 pm to Eurocat
quote:
I would have thought it was after world war two.
It was post WW2 when we had more manufacturing jobs, higher tariffs, and less people paying income tax. Globalization has reversed this trend since the 80s.
Instead of the depression it was called the great compression.
One thing to remember during the great depression is poor people become even poorer. So, the inequality remained.
This post was edited on 11/18/25 at 4:27 pm
1
Posted on 11/18/25 at 5:34 pm to DyeHardDylan
quote:
The period in American history where there was the least amount of income inequality was the Great Depression. Do the leftists really argue that this was an economic golden age?
The problem has, for a long time, been Millennials and now GenZ people living well above their means. You can't be making $17/hr as a Starbucks barista or hotel lobby receptionist and still complain about how income inequality is so unfair... when you're carrying the latest $1,900 iPhone, paying over $200 on your phone plan, paying $150/mo for internet, $200/mo for satellite TV, paying subscriptions to YouTube Premium, Netflix, Disney+ and Paramount Plus, driving a brand new car, dressing yourself in the latest trends and treating yourself to a $40 organic-only restaurant meal for lunch every day.
I couldn't even afford a car until I was in my 20s. Rode a motorcycle to work and back even in bad weather. Never got myself into debt with credit cards. Never spend money that wasn't physically in my wallet. Lived with one and sometimes two roommates to save money. Bought groceries and cooked, rarely ate out. Bargain shopped for clothes. Settled for antenna TV and no home internet.
Old habits die hard, too. Even to this day, I'm on a $150 Android and my plan costs me $33/mo. I have no debt other than my mortgage. Pay $100 for home internet and don't watch network or cable television. Probably spend way too much on fishing gear and doomsday supplies. But I still put money in the safe with every paycheck.
Nobody taught these younger-than-GenX-folks that it's OK to live within your means. It's crazy.
Posted on 11/18/25 at 6:24 pm to Lsupimp
quote:
Income inequality, taken too far, is an enormous destabilizing force for any culture. That’s not me making some weird case for socialist “ income equality” ( which fails way harder) but rather just a statement about the inherent problem with having an uber wealthy class of Wealth Gods at the same time tens of millions can’t afford meat.
I started reading and wanted to freak out but you are onto something with this. The problem is not the rich however, it is the evaporation of the middle class and that was easily predictable considering we've had socialists running our country for two decades sanz a four year term in which the socialist tied up the capitalist leader for his entire term with bullshite. We tax the middle class to the point of tension, we hire only government employees for 12 years, we allow 20 million people into the lowest 10% demo overnight, and we print our money into complete dilution. We do all that and wonder oh brother where art thou tax base has gone.
Posted on 11/18/25 at 6:39 pm to dgnx6
quote:
It was post WW2 when we had more manufacturing jobs, higher tariffs, and less people paying income tax.
Higher tariffs?
In 1947 GATT was passed, dropping the average US tariff rate to 5.7% It stayed in a narrow, single digit, range for decades until Trump's current trade war.
As for more people paying income tax.......could that be because corporations are contributing less?
Posted on 11/18/25 at 6:42 pm to DyeHardDylan
You could take all wealth in the United States, divide it up equally amongst everyone, and in 10 years the formerly rich people will be wealthy again and formerly poor will be poor again
Posted on 11/18/25 at 10:53 pm to dickkellog
quote:
when i graduated college in 1983...28k wasn't a lot of money then.
In 1984 the median annual household income was $22,420.
You were pretty much wrong on every single point in your post.
Posted on 11/19/25 at 6:11 am to FutureMikeVIII
quote:
This is wrong
what the phuck do you mean that's wrong, you co*k sucking weasel i lived through it you weren't even a brown stain on your mother's mattress
Posted on 11/19/25 at 6:19 am to dickkellog
quote:
what the phuck do you mean that's wrong,
It’s factually incorrect correct, you senile old frick.
You know these things can be looked up, right? Go back to bed, gramps.
Posted on 11/19/25 at 6:34 am to DyeHardDylan
As a working taxpayer i support income equality. I want to supplement my paycheck with SNAP, WIC, an Obama phone, etc. I am already paying for them, I'm just not getting them. Those freeloaders getting government assistance can now find a job and get a paycheck to go with their freebies. Then we'll all have income equality.
Posted on 11/19/25 at 6:37 am to Lsupimp
quote:
at the same time tens of millions can’t afford meat.
do better in school. Get a second job. Literally not my problem and starve if you won't do what is necessary to feed or otherwise care for yourself/yours. INDIVIDUALISM FTW
Posted on 11/19/25 at 7:05 am to Harry Boutte
quote:
In 1984 the median annual household income was $22,420.
yes harry we were all poor then! my starting salary as a new college graduate in 1983 was 14.4k my dad's salary as an executive with general motors with 28 years of experience was 31k.
adjusted for inflation to 2018 the year my son graduated from college that's 35k. my son's first salary as a new college graduate in 2018 was 75k
those tax rates acted as a cap on wages and compressed the wage scale, it was great for a guy like you. it was the golden age for the non ambitious for guys like you who just want to smoke dope, play video games and masturbate to interweb porn! hey interweb porn never says no right harry?
but it was he11 on earth for ambitious people.
Posted on 11/19/25 at 7:09 am to FutureMikeVIII
quote:
You know these things can be looked up, right? Go back to bed, gramps.
then look it up and post a link boy
and never forget because i have so much, you have so little!
now get your skank a*s out there on that corner and go make my social security money biotch!
Posted on 11/19/25 at 7:11 am to DyeHardDylan
quote:
The belief that income equality is a good thing
quote:
Do the leftists really argue
My dude, MAGA is a huge proponent of leveling out income distributions, these days. Why single out leftists?
Posted on 11/19/25 at 7:12 am to SlowFlowPro
4Slowies the independent strikes! 
Posted on 11/19/25 at 7:13 am to dickkellog
quote:
now get your skank a*s out there on that corner and go make my social security money biotch!
I don’t report my whoring money to the IRS, dumbass
Posted on 11/19/25 at 7:38 am to Lsupimp
quote:
Income inequality, taken too far, is an enormous destabilizing force for any culture.
While I agree with this statement general, its essential to understand where the inequality is coming from in order to remedy. Our government likes to sell us on the story that Rich Bob is stealing money from Poor Paul and the remedy is to tax him tremendously to give to Paul. In practice, they tax Rich Bob, keep 90% of his tax dollar, and give Paul just enough to keep him from feeling the ambition/pain to go out and improve his own lot in life.
In our time of history, we have imported the poorest in the world by droves. We didn't do it by enticing the hard working with opportunity like we did in the past. We enticed them with free shite. We aren't getting the world's productive we are getting the world's free loaders by the MILLIONS. This last decade of open borders is going to permanently scar us, if not entirely ruin upward mobility. There are more people at the bottom who are voting to punish the production of people at the top. Envy politics.
Posted on 11/19/25 at 7:45 am to Crappieman
quote:
SNAP, WIC, an Obama phone
Wasn't the food program supposed to help poor kids in the city do better in school? Weren't they underperforming because they were hungry?
The Obama phone was supposed to help people get jobs. People can't get a job without a new iphone, correct? Never mind that we also subsidize land lines.
Are we achieving our goals yet? If I look it up now, will I see academic gains in the inner city schools because their bellies are full? If I see a homeless guy on his iphone, can I look over his shoulder and see him filling out a job application or polishing up his LinkedIn profile?
Posted on 11/19/25 at 8:44 am to dickkellog
quote:
yes harry we were all poor then!
WTF are you talking about?
You said:
quote:
28k wasn't a lot of money then.
I pointed out that 28k was 25% more than the median salary.
There were two other posters pointing out the other shite you got wrong in your post.
And, FTR, I was making $5 an hour working at the World's Fair in 1984, which equates to $10.4k. $1.65 more than minimum wage.
Posted on 11/19/25 at 9:14 am to TigerAxeOK
quote:
The problem has, for a long time, been Millennials and now GenZ people living well above their means.
Don’t think that’s just a Millennial or Gen Z problem. It’s been happening for decades
The belief of I’ve work, so I deserve this is the problem.
Late Boomers and Generation X are just as bad. I had an aunt and uncle that lived in one of my parents rent houses at a discount while making just as much money, but blowing their money on things they couldn’t afford. When it was time to retire they had nothing.
Buying brand new cars and living in a run down mobile home and spending money on family vacations they can’t afford are examples Gen X families have done for years.
Posted on 11/19/25 at 9:16 am to DyeHardDylan
Wage fairness would be nice but who decides what's fair?
Wage equality makes no sense as some types of work are much more valuable than others and there should not be a law that keeps us from recognizing that.
Wage equality makes no sense as some types of work are much more valuable than others and there should not be a law that keeps us from recognizing that.
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