mastrcmmdr -> RE: Where is the Conservative utopia? (10/2/2010 3:45:21 PM)
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quote:
ORIGINAL: lockedaway The income gap between the richest and poorest Americans grew last year to its largest margin ever, a stark divide as Democrats and Republicans spar over whether to extend Bush-era tax cuts for the wealthy. The top-earning 20 percent of Americans – those making more than $100,000 each year – received 49.4 percent of all income generated in the U.S., compared with the 3.4 percent made by the bottom 20 percent of earners, those who fell below the poverty line, according to the new figures. That ratio of 14.5-to-1 was an increase from 13.6 in 2008 and nearly double a low of 7.69 in 1968. At the top, the wealthiest 5 percent of Americans, who earn more than $180,000, added slightly to their annual incomes last year, the data show. Families at the $50,000 median level slipped lower. How freakishly stupid!!!! The income gap will always widen between the rich and mother fucking poor, genius, because money begets money! Goddamn! This is the basic stuff I learned in elementary school. If you have a lot of money, you are going to make tons more by investing in interest bearing securities that are tax free. Heyyyyyy....how simple. If I go into a bad economy rich..........................I come out SUPER RICH. Everyone understand that? I buy low and I wait to sell high. That is just life, kids. It isn't unfair. It isn't unjust. It is just the way it is. Poor people will often become poorer. Some will become poorer because opportunities will cease to exist. Their industries will go out of business, etc. Some poor people will become even poorer because of their habits; additions, laziness, incompetence, whatever. Some people who were super rich will become very poor because their investments will go to hell. Some people just have damned bad luck. That is life. To blame it on capitalism and liberty reveals enormous weakness and ignorance. The only thing you left off this, though you have mentioned it elsewhere, is that while the GAP naturally widens, the absolute level of everyone rises over time under capitalism. Is the tide constantly rising? No, particularly when inept efforts to raise it for a particular group artificially results in bringing everyone down. WRT to the OP, the closest things to "pure capitalism" (which by no means is "utopia", one of ARex's basic misunderstandings (or mischaracterizations) of conservatism) are 19th Century America and 21st century Lichtenstein.
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