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Obama XXI: Kenyan Muslins are ruining this country!

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Re: Obama XXI: Kenyan Muslins are ruining this country!

In line with the discussion,

Texas GOP is complaining about a lack of govt funds to deal with western wildfires. Outside of FL and possibly CA, Texas has to be getting as much in the way of 'relief' funds from the federal government as anyone. Isn't this the group that advocates small government?

Likewise, Perry is declining an invitation from Obama to meet during his visit there. Evidently Perry did not want to travel the 800 miles from Austin to El Paso to discuss wildfires and border security. I guess the TX GOP didn't necessarily campaign on running to solve the nations problems in a bipartisan way.

And how many politicians of any stripe campaign on solving problems in a bipartisan way? Hard to think of any who do so meaningfully.
 
Re: Obama XXI: Kenyan Muslins are ruining this country!

Boo hoo, those bad people make all the money. With the economy becoming more and more global, is it a surprise that there is more wealth to be acquired? Unless you are still believing every dollar Warren Buffet earns pulls a dollar out of the wallet of the poorest American. The issue isn't whether Walmart has expanded to a dozen more countries and made the Waltons richer...it is that a) we continue to produce an ever growing population of people who can't compete for jobs b) that we keep blaming the Waltons et al instead of trying to do something about unemployment being 9% yet every programmer and analyst you interview is here working on a visa.

Now wheel out the "they are all lucky", "Paris Hilton" and the other sour grapes anecdotes to rationalize that the only people with money don't deserve it. And I'll repeat for the hundreth time the percentage of people in the top that didn't start there.

Our leaders should stop *****ing about people making too much money and do something about helping the lower earners make more...the rhetoric is great for political parties and re-elections but it doesn't change anything.
 
Re: Obama XXI: Kenyan Muslins are ruining this country!

Boo hoo, those bad people make all the money. With the economy becoming more and more global, is it a surprise that there is more wealth to be acquired? Unless you are still believing every dollar Warren Buffet earns pulls a dollar out of the wallet of the poorest American. The issue isn't whether Walmart has expanded to a dozen more countries and made the Waltons richer...it is that a) we continue to produce an ever growing population of people who can't compete for jobs b) that we keep blaming the Waltons et al instead of trying to do something about unemployment being 9% yet every programmer and analyst you interview is here working on a visa.

Now wheel out the "they are all lucky", "Paris Hilton" and the other sour grapes anecdotes to rationalize that the only people with money don't deserve it. And I'll repeat for the hundreth time the percentage of people in the top that didn't start there.

Our leaders should stop *****ing about people making too much money and do something about helping the lower earners make more...the rhetoric is great for political parties and re-elections but it doesn't change anything.

Comparative advantage among countries is determining that US is not effective or efficient in the types of jobs that employ much of US middle and lower middle classes. That is not just a problem for those classes but for the US economy as a whole and the US government trying to gain revenue.

IMO its another case where everyone will have to work together to help fix this (and even then its not clear what the answer is). But as this is a structural problem, its premature to stop after complaining about lazy poor and criminal rich.
 
Re: Obama XXI: Kenyan Muslins are ruining this country!

Because we outsourced a lot of manufacturing jobs, did we shrink the job opportunities for the lower middle class??

If so, how do we get those jobs back here????
 
Re: Obama XXI: Kenyan Muslins are ruining this country!

Boo hoo, those bad people make all the money. With the economy becoming more and more global, is it a surprise that there is more wealth to be acquired? Unless you are still believing every dollar Warren Buffet earns pulls a dollar out of the wallet of the poorest American. The issue isn't whether Walmart has expanded to a dozen more countries and made the Waltons richer...it is that a) we continue to produce an ever growing population of people who can't compete for jobs b) that we keep blaming the Waltons et al instead of trying to do something about unemployment being 9% yet every programmer and analyst you interview is here working on a visa.

Now wheel out the "they are all lucky", "Paris Hilton" and the other sour grapes anecdotes to rationalize that the only people with money don't deserve it. And I'll repeat for the hundreth time the percentage of people in the top that didn't start there.

Our leaders should stop *****ing about people making too much money and do something about helping the lower earners make more...the rhetoric is great for political parties and re-elections but it doesn't change anything.

We should take the top 50% and label them "job creators". No taxes.
The bottom 50% can pay for government since they're the ones that use it all the time.
 
Re: Obama XXI: Kenyan Muslins are ruining this country!

Comparative advantage among countries is determining that US is not effective or efficient in the types of jobs that employ much of US middle and lower middle classes. That is not just a problem for those classes but for the US economy as a whole and the US government trying to gain revenue.

IMO its another case where everyone will have to work together to help fix this (and even then its not clear what the answer is). But as this is a structural problem, its premature to stop after complaining about lazy poor and criminal rich.
True. It is a major structural issue and the answer, if there is one, is far from clear.
 
Re: Obama XXI: Kenyan Muslins are ruining this country!

Because we outsourced a lot of manufacturing jobs, did we shrink the job opportunities for the lower middle class??

If so, how do we get those jobs back here????

IMO its easily the biggest problem facing this country. That's why I'm a big education guy (and not so much about the DOD).

Moves like this below are a good start to shift resources to sectors with more jobs/productivity than oil:

Senate Democrats push to end tax breaks for big oil companies to cut deficit

http://www.washingtonpost.com/polit...eficit/2011/05/10/AFiL42hG_story.html?hpid=z1
 
Re: Obama XXI: Kenyan Muslins are ruining this country!

Because we outsourced a lot of manufacturing jobs, did we shrink the job opportunities for the lower middle class??

If so, how do we get those jobs back here????

We don't, since we've lost more jobs to mechanization than we have to outsourcing. We still make plenty of stuff in this country, it's just done by robots instead of humans.
 
Re: Obama XXI: Kenyan Muslins are ruining this country!

We don't, since we've lost more jobs to mechanization than we have to outsourcing. We still make plenty of stuff in this country, it's just done by robots instead of humans.

robot2.jpg
 
Re: Obama XXI: Kenyan Muslins are ruining this country!

Our leaders should stop *****ing about people making too much money and do something about helping the lower earners make more...the rhetoric is great for political parties and re-elections but it doesn't change anything.

Like capping the amount CEOs and what not can make relative to their lowest wage earner in the company?
 
Re: Obama XXI: Kenyan Muslins are ruining this country!

Because we outsourced a lot of manufacturing jobs, did we shrink the job opportunities for the lower middle class??

If so, how do we get those jobs back here????

True. You see massive industries like textiles, autos, etc. that used to employ huge numbers of folks and employ much fewer, like in autos, or the industry has been virtually wiped out, like in textiles. But in a global economy, there's no way a textile worker in North Carolina can compete with one in Thailand or wherever, and I don't see how that equation will change. It's unfortunate, and a big driver in the greater divide between the haves and have-nots.
 
Re: Obama XXI: Kenyan Muslins are ruining this country!

Like capping the amount CEOs and what not can make relative to their lowest wage earner in the company?

That would solve what % of the income inequity in this country? The way it gets thrown about about you'd think there were 10 million CEOs making $1b each. i don't disagree that boards should keep tabs on that ratio...but tying the CEO's salary to the guy who started yesterday sweeping the floor sounds like a government move that sounds nice but is impractical.
 
Re: Obama XXI: Kenyan Muslins are ruining this country!

But in a global economy, there's no way a textile worker in North Carolina can compete with one in Thailand or wherever, and I don't see how that equation will change.
That's easy. Just wait 50 years until the cost of bunker fuel for container ships makes sailing vessels the international shipping mode of choice again...
 
Re: Obama XXI: Kenyan Muslins are ruining this country!

That would solve what % of the income inequity in this country? The way it gets thrown about about you'd think there were 10 million CEOs making $1b each. i don't disagree that boards should keep tabs on that ratio...but tying the CEO's salary to the guy who started yesterday sweeping the floor sounds like a government move that sounds nice but is impractical.

The problem isn't the income disparity. The problem is the CEO is paying so much money in taxes he can't afford to hire anyone.
 
Re: Obama XXI: Kenyan Muslins are ruining this country!

That would solve what % of the income inequity in this country? The way it gets thrown about about you'd think there were 10 million CEOs making $1b each. i don't disagree that boards should keep tabs on that ratio...but tying the CEO's salary to the guy who started yesterday sweeping the floor sounds like a government move that sounds nice but is impractical.

Impractical? It's seems pretty simple to me. If you want to earn X, your employees must earn at least Y. The average pay of CEOs last year in S&P 500 companies was 11M, I think they could trickle that down a bit to their workers, and still live a pretty average lifestyle. I guess tying it to the average salary of the workers from the bottom to anyone without a C behind their name could be more practical.
 
Re: Obama XXI: Kenyan Muslins are ruining this country!

Impractical? It's seems pretty simple to me. If you want to earn X, your employees must earn at least Y.

This is something like how company 401(k)s contributions (at least used to) work. Nobody could put in more than x times the median contribution of their employees. Reasoning was the federal tax advantage shouldn't be used as a scam for the highest income employees (financing their benefits off the general tax base). It was one of the few (only?) times the tax code wasn't jimmied for welfare for the wealthy. Given the predations of the last decade, that restriction may be gone with the rest of regulation and oversight.
 
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