US HAS RECORD NUMBER OF MILLIONAIRES, POOR PEOPLE

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    Sep 25, 2011 5:15 PM GMT
    Question: Is the growing prosperity disparity in the United States the intended result of Republican economic theory — was shifting the nation’s wealth upwards out of the middle class their objective from the start?

    http://money.cnn.com/2011/05/05/pf/millionaire_rise/index.htm
  • Bigolbear

    Posts: 528

    Sep 28, 2011 3:14 PM GMT
    catfish5 saidQuestion: Is the growing prosperity disparity in the United States the intended result of Republican economic theory — was shifting the nation’s wealth upwards out of the middle class their objective from the start?

    http://money.cnn.com/2011/05/05/pf/millionaire_rise/index.htm


    6a00d8341c5d3453ef00e54f55604b8833-640wi
  • CuriousJockAZ

    Posts: 19129

    Sep 28, 2011 3:50 PM GMT
    catfish5 saidQuestion: Is the growing prosperity disparity in the United States the intended result of Republican economic theory — was shifting the nation’s wealth upwards out of the middle class their objective from the start?

    http://money.cnn.com/2011/05/05/pf/millionaire_rise/index.htm



    Maybe in your world we should just make being rich and successful illegal. God forbid anyone should actually work hard, succeed at what they do, and be compensated for it.
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    Sep 28, 2011 4:13 PM GMT
    CuriousJockAZ said
    catfish5 saidQuestion: Is the growing prosperity disparity in the United States the intended result of Republican economic theory — was shifting the nation’s wealth upwards out of the middle class their objective from the start?

    http://money.cnn.com/2011/05/05/pf/millionaire_rise/index.htm



    Maybe in your world we should just make being rich and successful illegal. God forbid anyone should actually work hard, succeed at what they do, and be compensated for it.



    I think you are missing the point, the rich are getting that way on the backs of the poor.
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    Sep 28, 2011 4:38 PM GMT
    CuriousJockAZ said
    catfish5 saidQuestion: Is the growing prosperity disparity in the United States the intended result of Republican economic theory — was shifting the nation’s wealth upwards out of the middle class their objective from the start?

    http://money.cnn.com/2011/05/05/pf/millionaire_rise/index.htm



    Maybe in your world we should just make being rich and successful illegal. God forbid anyone should actually work hard, succeed at what they do, and be compensated for it.


    If you work hard, maintain strict ethical standards, and dont bend the rules, you will only break even. To get rich, you have to abandon your moral compass and ethical standards. People dont get rich by just working hard. Thats a myth. Plenty of lazy, good for nothings are rich.
  • CuriousJockAZ

    Posts: 19129

    Sep 28, 2011 5:07 PM GMT
    catfish5 saidTo get rich, you have to abandon your moral compass and ethical standards. People dont get rich by just working hard. Thats a myth. Plenty of lazy, good for nothings are rich.



    This is such a ridiculous statement that that's about all the comment it is worthy of.
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    Sep 28, 2011 5:12 PM GMT
    southbeach1500 said
    DoomsDayAlpaca said
    CuriousJockAZ said
    catfish5 saidQuestion: Is the growing prosperity disparity in the United States the intended result of Republican economic theory — was shifting the nation’s wealth upwards out of the middle class their objective from the start?

    http://money.cnn.com/2011/05/05/pf/millionaire_rise/index.htm



    Maybe in your world we should just make being rich and successful illegal. God forbid anyone should actually work hard, succeed at what they do, and be compensated for it.



    I think you are missing the point, the rich are getting that way on the backs of the poor.


    By definition, "the poor" have nothing, so "the rich" aren't taking anything from "the poor."

    Oh, wait, this is a Catfish thread...

    BY DEFINITION, "THE POOR" HAVE NOTHING, SO "THE RICH" AREN'T TAKING ANYTHING FROM "THE POOR."


    So low wages, little vacation time, few sick days,etc,etc aren't factored into your version of the equation I see.
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    Sep 28, 2011 5:20 PM GMT
    CuriousJockAZ said
    catfish5 saidTo get rich, you have to abandon your moral compass and ethical standards. People dont get rich by just working hard. Thats a myth. Plenty of lazy, good for nothings are rich.



    This is such a ridiculous statement that that's about all the comment it is worthy of.


    If hard work = wealth, migrant workers picking grapes would be rolling in $$$. Put a trust fund baby or wealthy CEO in the fields picking grapes and see how long they last. Lol
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    Sep 28, 2011 6:39 PM GMT
    CuriousJockAZ said
    catfish5 saidQuestion: Is the growing prosperity disparity in the United States the intended result of Republican economic theory — was shifting the nation’s wealth upwards out of the middle class their objective from the start?

    http://money.cnn.com/2011/05/05/pf/millionaire_rise/index.htm



    Maybe in your world we should just make being rich and successful illegal. God forbid anyone should actually work hard, succeed at what they do, and be compensated for it.


    It is ridiculous for you to assume that only the successful work hard to get where they are. This is not the truth but a distorted view that tries to put down the average Joe is happy working hard and maintaining what they consider a comfortable lifestyle.
    I have seen time after time people who are satisfied with their position but still work 10 to 15 hr days 6 days a weeks get no pay increases, reduced benefits, get laid off in favor of hiring contractors, or increase in hours and not even a gold watch when they retire or a Christmas party.
    I have seen this first hand in my industry which is hardly hurting , and that would be petro-chemical industry at the top of the profit tiers in the world. They are not unique, it is routine. It is daily now.
    When Exxon merges with Mobil there are vast reductions in work force and a restructure of labor cost that never ever benefit the majority of workers at all levels rather they are in the weather 24/7/365 pulling 12 or hr shifts or in the plant wearing a white collar.
    I Imagine one who only equates success with hard work would think those guys blown off the oil rig in the Gulf weren't pulling their weight working enough for the company? Bull shit.
    Where does this mind set come from that makes it sound like anywho who is poor or struggling is a goof off and doesn't give a shit about what they do? A free loader. Its so wrong and not a sign of critical thinking at all but entitlement, usually the well off got there through legal gambling on wall-street or family money while the guy working in the sewers below does the hard, nasty dirty work and now gets none of the pie just told they are lazy and worthless...
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    Sep 28, 2011 6:54 PM GMT
    catfish5 said


    If you work hard, maintain strict ethical standards, and dont bend the rules, you will only break even. To get rich, you have to abandon your moral compass and ethical standards. People dont get rich by just working hard. Thats a myth. Plenty of lazy, good for nothings are rich.


    I agree with this statement. I look at the athletes that have pumped themselves with steroids to achieve in their fields. If you were handed the opportunity to increase your income exponentially by doing something illegal, would you do it?

    And like the poster said above me, people get laid off to make room for contractors. They are cheaper, and you don't have to worry about giving them benefits (abandoning your moral compass). And you can simply replace he or she with somebody if they burn out (more abandoning of moral compass).

    Remember that it is a business. Businesses are there to make a profit. If you don't like it, start your own business.