Passionate pre-election opinion of prominent Democrat

[Jim in CT]

Originally Posted by Pete F.

If his job is making sure that the proletariat (lowest class of citizens, predating Marx by more than a thousand years) have less and grows as a group, while ensuring that the wealthiest people control more and more then yes, one would say he is doing his job.
The rise of the corporation will lead to the end of democracy in this country. The middle class is the heart of democracy and it is dying.
Posted from my iPhone/Mobile device
Posted from my iPhone/Mobile device

Unemployment is way down. For blacks, it's at record lows. Judging by the democrat response to that at the State Of The Union, maybe that's not the good news I presume it is. Perhaps you can explain why that is...

Did the wealthy not get wealthier under Obama? Given the stock market surge, that would be a nifty trick.

When the economy grows, that will always help the wealthier more than it helps regular folks, because they have more money to invest. Maybe that's not fair, but it's not a bad thing either, the wealthy aren't taking anything away from anyone else, wealth isn't finite, it's not like a pizza. Racism and income inequality, two favorite things for liberals to fall back on when they have nohting else, and cannot admit that the other guy has a point.

[Pete F.]

Originally Posted by Jim in CT

Unemployment is way down. For blacks, it's at record lows. Judging by the democrat response to that at the State Of The Union, maybe that's not the good news I presume it is. Perhaps you can explain why that is...

Did the wealthy not get wealthier under Obama? Given the stock market surge, that would be a nifty trick.

When the economy grows, that will always help the wealthier more than it helps regular folks, because they have more money to invest. Maybe that's not fair, but it's not a bad thing either, the wealthy aren't taking anything away from anyone else, wealth isn't finite, it's not like a pizza. Racism and income inequality, two favorite things for liberals to fall back on when they have nohting else, and cannot admit that the other guy has a point.

Where did you get race out of that?
Income inequality is real and capital is somewhat finite, less so now that we do not have a gold standard.
But capital has been flowing to the people at the very top(think 1%) and has accelerated. It's not just the latest administrations fault, but the tax change did not help. I'm sure the Waltons deserve it, after all they spread 2% out among their employees.

[Jim in CT]

Originally Posted by Pete F.

Where did you get race out of that?
Income inequality is real and capital is somewhat finite, less so now that we do not have a gold standard.
But capital has been flowing to the people at the very top(think 1%) and has accelerated. It's not just the latest administrations fault, but the tax change did not help. I'm sure the Waltons deserve it, after all they spread 2% out among their employees.

"Where did you get race out of that?" You make it seem like liberals care a lot about helping the poor. If that's true, why did all the democrats sit there with scowls on their faces, when Trump proclaimed that black unemployment was at record lows?

"Income inequality is real "

It sure is. Here in ultra-liberal CT, it is real and getting worse.

"and capital is somewhat finite"

Wealth is not finite. There is no hard cap to what GDP can be. If Warren Buffet earns another $1 million today, that doe snot mean there's a million less for you ad me to scrounge for. Wealthy people are good for the economy. They pay taxes on some of that wealth, they invest some of it, they spend some of it, they give some to charity. All of those things, help the economy. And except in the case of thieves, they aren't taking anything away from anyone else.

How would you deal with this? Would you pass a law saying that once someone achieves a certain net worth, that they can no longer work or invest?

"But capital has been flowing to the people at the very top(think 1%) and has accelerated"

It always does. And it doesn't negatively effect me or you, one bit. One person's wealth doesn't cause another person's poverty.

"sure the Waltons deserve it"

I didn't say that. I said that if the Waltons lost it all in the stock market tomorrow and became poor, I don't see how that helps anyone else.

[Jim in CT]

Originally Posted by Pete F.

Where did you get race out of that?
Income inequality is real and capital is somewhat finite, less so now that we do not have a gold standard.
But capital has been flowing to the people at the very top(think 1%) and has accelerated. It's not just the latest administrations fault, but the tax change did not help. I'm sure the Waltons deserve it, after all they spread 2% out among their employees.

"Where did you get race out of that?" You make it seem like liberals care a lot about helping the poor. If that's true, why did all the democrats sit there with scowls on their faces, when Trump proclaimed that black unemployment was at record lows?

"Income inequality is real "

It sure is. Here in ultra-liberal CT, it is real and getting worse.

"and capital is somewhat finite"

Wealth is not finite. There is no hard cap to what GDP can be. If Warren Buffet earns another $1 million today, that doe snot mean there's a million less for you ad me to scrounge for. Wealthy people are good for the economy. They pay taxes on some of that wealth, they invest some of it, they spend some of it, they give some to charity. All of those things, help the economy. And except in the case of thieves, they aren't taking anything away from anyone else.

How would you deal with this? Would you pass a law saying that once someone achieves a certain net worth, that they can no longer work or invest?

"But capital has been flowing to the people at the very top(think 1%) and has accelerated"

It always does. And it doesn't negatively effect me or you, one bit. One person's wealth doesn't cause another person's poverty.

"sure the Waltons deserve it"

I didn't say that. I said that if the Waltons lost it all in the stock market tomorrow and became poor, I don't see how that helps anyone else.

"the tax change did not help"

No? The $38 billion in taxes that Apple will pay when it brings cash back, that won't help? The new jobs and infrastructure investments promised by Apple and Comcast won't help?