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Old 09-15-2013, 05:11 PM  
HonestChieffan HonestChieffan is offline
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Redistribution still a goal. Obama wants your money to give to slackers

The President can "stop it"? **** him.

http://thehill.com/video/sunday-show...ocking-efforts

The president has powers to fight income inequality, President Obama argued in an interview broadcast Sunday, adding that Republicans in Congress have hobbled his efforts to do it.

Appearing on ABC’s “This Week” program, Obama acknowledged that the wealthiest Americans have benefited disproportionately from the economic recovery of recent years. But he was quick to add that much of that trend is due to globalization, technology and, not least, the GOP’s opposition to his economic agenda – all factors he suggested are beyond his control.

“I think the president can stop it,” Obama said, when asked about the growing income gap. “The problem is that there continues to be a major debate here in Washington, and that is, how do we respond to these underlying trends?”

Obama promoted his efforts to increase funding for education, infrastructure and research and development programs, and he trumpeted his push to reform the tax code to discourage outsourcing.

Keep reading…
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Old 09-16-2013, 09:40 AM   #16
FD FD is offline
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Quote:
Originally Posted by Cochise View Post
It transfers wealth from people who, on balance, produce - to people who on balance drain the system.

The solution to this is not to increase payout while not increasing pay-in, and worrying about how to finance it later. The solution is to turn the drains into producers.

Unfortunately, drains vote for the ruling party in much larger proportion than producers do, so there's no incentive for the ruling party to do anything to change their position.
Turn the drainers into producers? Send all the people living on social security and medicare back into the workforce? Nice idea.
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Old 09-16-2013, 09:47 AM   #17
Chiefshrink Chiefshrink is offline
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Quote:
Originally Posted by Loneiguana View Post
I didn't know reversing income inequality was redistribution.
Still playing and buying into the class warfare crap card, uh?
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Old 09-16-2013, 10:12 AM   #18
Garcia Bronco Garcia Bronco is offline
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Originally Posted by Mod98Ban View Post
The Social Security program wouldn't be in trouble, and need more money from the government, if the idiots in DC hadn't taken money from it in years past. Last I knew, Social Security gets it's money from the people that work, and their employers. Dirty politicians taking money from it, to fund other stupid **** is what has caused the majority of the problems with it. Social Security wasn't intended to be a "welfare" program, when it was started. It was supposed to be self supporting, like a retirement account.
While your point about robbing Peter to pay Paul is correct. It can't be self supporting. It's unpossible over time and depends on an assumption. That assumption is that the contributions of the young will exceed the needs of the old.
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Old 09-16-2013, 10:19 AM   #19
aturnis aturnis is offline
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Old 09-16-2013, 10:33 AM   #20
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Quote:
Originally Posted by HonestChieffan View Post
“I think the president can stop it,” Obama said, when asked about the growing income gap. …

Obviously he can't.
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Old 09-16-2013, 01:54 PM   #21
Loneiguana Loneiguana is offline
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Quote:
Originally Posted by Chiefshrink View Post
Still playing and buying into the class warfare crap card, uh?
Still believing that redistribution crap, eh?

Care to mention where in the article it mentioned that?

Oh, and while you are at, find me the economic data from the last thirty years that shows we haven't had a rise in wealth inequality. Avoid anything that says "estimate"
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