WEALTH Inequality

  • Posted by a hidden member.
    Log in to view his profile

    Mar 05, 2013 2:02 AM GMT
    http://mashable.com/2013/03/02/wealth-inequality/

    I've seen this before,,on like a Rachel Maddow broadcast or something, but this one is explained in a way where even the most stupid of people can understand.

    Note however, cuz he doesn't make it clear, there IS difference between income and wealth. You can make $100k a year,,but if you blow it on healthcare, rent, and student loans, your wealth can still be nothing.

    IMAGE HTTP ADDRESS GOES HERE[http://en.wikipedia.org/wiki/File:Gini_Coefficient_World_CIA_Report_2009.svg]
    For all those who 'think' China are Cuba are communist,,,they have about the same amount of income inequality as the United States.
    Authoritarian, not free,,,,maybe. but not communist

    That said,,as a young person, gradauting from college,,with more than enough degrees, I'm moving to Australia to persue ,,the American Dream
  • Posted by a hidden member.
    Log in to view his profile

    Mar 05, 2013 2:43 AM GMT
    $100K/yr is the new $30K/yr.

    Welcome to life.
  • whytehot

    Posts: 1166

    Mar 05, 2013 3:09 AM GMT
    Australia is an extremely racist country by western standards, so good luck with that
  • Posted by a hidden member.
    Log in to view his profile

    Mar 05, 2013 3:11 AM GMT
    whytehot saidAustralia is an extremely racist country by western standards, so good luck with that
    Sounds like the prefect place to deport all the Republicans. icon_twisted.gif
  • Posted by a hidden member.
    Log in to view his profile

    Mar 05, 2013 3:40 AM GMT
    paulflexes said
    whytehot saidAustralia is an extremely racist country by western standards, so good luck with that
    Sounds like the prefect place to deport all the Republicans. icon_twisted.gif


    No way , you bloody keep them over-there .....icon_eek.gif
  • Posted by a hidden member.
    Log in to view his profile

    Mar 05, 2013 3:41 AM GMT
    whytehot saidAustralia is an extremely racist country by western standards, so good luck with that


    Since when ? icon_confused.gif
  • Posted by a hidden member.
    Log in to view his profile

    Mar 05, 2013 6:02 AM GMT
    neffa said
    whytehot saidAustralia is an extremely racist country by western standards, so good luck with that


    Since when ? icon_confused.gif


    Unfortunately true, getting more and more racist as the days go on
  • FitGwynedd

    Posts: 1468

    Mar 05, 2013 10:36 AM GMT
    whytehot saidAustralia is an extremely racist country by western standards, so good luck with that


    This is true. And the visa requirements are insane for Australia.
  • MichaelUK

    Posts: 91

    Mar 05, 2013 10:56 AM GMT
    $100K a year won't get you very far in Australia, not experienced direct racism per se - but racial inequality...yes.

    http://www.bbc.co.uk/news/magazine-21519050
  • Posted by a hidden member.
    Log in to view his profile

    Mar 05, 2013 12:03 PM GMT
    Wealth inequality will always exist. It's a fact of life. People with high education levels and unique and/or specialized skills should be paid more money than those who don't. It's simple supply and demand.

  • Posted by a hidden member.
    Log in to view his profile

    Mar 05, 2013 1:13 PM GMT
    redsoxfan791 saidWealth inequality will always exist. It's a fact of life. People with high education levels and unique and/or specialized skills should be paid more money than those who don't. It's simple supply and demand.



    Rent-seeking behaviors are currently being far more disproportionately rewarded than real economic activity. This means underproduction of necessary goods, overproduction of less necessary goods, at market-inefficient prices.
  • Posted by a hidden member.
    Log in to view his profile

    Mar 05, 2013 1:35 PM GMT
    whytehot saidAustralia is an extremely racist country by western standards, so good luck with that



    That is a load of crap

    Australia is probably the best multicultural society on the planet with incredibly strict anti racist and anti discrimination laws that are acted upon if broken

    Also no one is thrown on the scrap heap if they get sick or become unemployed

    I know where I'd rather live
  • calibro

    Posts: 8888

    Mar 05, 2013 1:37 PM GMT
    in australia they still will call you stupid if you spell and write like you just did.
  • Posted by a hidden member.
    Log in to view his profile

    Mar 05, 2013 1:45 PM GMT
    calibro saidin australia they still will call you stupid if you spell and write like you just did.


    I used some big words

    Need a dictionary?
  • WhoDey

    Posts: 561

    Mar 05, 2013 2:48 PM GMT
    White people discussing the most racist places in the world icon_rolleyes.gif
  • Posted by a hidden member.
    Log in to view his profile

    Mar 05, 2013 4:13 PM GMT
    WhoDey saidWhite people discussing the most racist places in the world icon_rolleyes.gif


    Who do you think generally creates the racist atmosphere?
  • Posted by a hidden member.
    Log in to view his profile

    Mar 05, 2013 4:15 PM GMT
    whytehot saidAustralia is an extremely racist country by western standards, so good luck with that


    And america isn´t?
  • Posted by a hidden member.
    Log in to view his profile

    Mar 05, 2013 4:51 PM GMT
    ibnthegreatof8s said
    For all those who 'think' China are Cuba are communist,,,they have about the same amount of income inequality as the United States.

    That said,,as a young person, gradauting from college,,with more than enough degrees, I'm moving to Australia to persue ,,the American Dream


    China and Cuba are communistic countries, despite what you think you learned. But what does that have to do with "income inequality"? icon_rolleyes.gif

    Good luck, don't let the screen door hit your ass on your way out of America!
    (Not even going to ponder how you can 'persue {sic},, the American dream' in another country) icon_wink.gif
    But I can tell by your appalling grammar, punctuation and spelling that Australia won't be letting you move there, since you don't have any special skill to offer them.
    Besides trolling.
    icon_lol.gif
  • Posted by a hidden member.
    Log in to view his profile

    Mar 05, 2013 11:35 PM GMT
  • FitGwynedd

    Posts: 1468

    Mar 05, 2013 11:38 PM GMT
    GonzoTheGreat said
    whytehot saidAustralia is an extremely racist country by western standards, so good luck with that


    And america isn´t?


    America is better than the UK in terms of race-relations so don't be so quick to slander
  • Posted by a hidden member.
    Log in to view his profile

    Mar 06, 2013 2:28 AM GMT
    Wealth inequality is not a problem in the US. People who are poor and live off food stamps, etc. have similar chances and abilities as those who go to prep schools and ivy league colleges that get great jobs. The difference is also the work ethic. People who are poor tend not to work as hard. Obama just needs a kick in his socialist ass!
  • Posted by a hidden member.
    Log in to view his profile

    Mar 06, 2013 5:30 AM GMT
    redsoxfan791 saidWealth inequality will always exist. It's a fact of life. People with high education levels and unique and/or specialized skills should be paid more money than those who don't. It's simple supply and demand.




    The video mainly talks about TOP 1% (CEOs, celebrities, etc) v.s. everybody else.
    People you are talking about not there.
  • Posted by a hidden member.
    Log in to view his profile

    Mar 06, 2013 5:47 AM GMT
    American dream? Dont make me laugh.

    The only reason they call it that is because you'd have to be asleep (or dead) to believe that bullshit.
  • FitGwynedd

    Posts: 1468

    Mar 06, 2013 10:48 AM GMT
    rickoshea97 saidWealth inequality is not a problem in the US. People who are poor and live off food stamps, etc. have similar chances and abilities as those who go to prep schools and ivy league colleges that get great jobs. The difference is also the work ethic. People who are poor tend not to work as hard. Obama just needs a kick in his socialist ass!


    You have the gift of compressing the least amount of thought into the most amount of words.
  • Posted by a hidden member.
    Log in to view his profile

    Mar 06, 2013 4:13 PM GMT

    "People who are poor and live off food stamps, etc. have similar chances and abilities as those who go to prep schools and ivy league colleges that get great jobs."

    O.o I think someone doesn't get out much or use that internet very efficiently.