(07-04-2021 11:39 AM)Owl 69/70/75 Wrote:  There's one other problem with this sort of analysis from a statistical standpoint. There are plenty of poor people that were helped immensely in the last 50 years. But guess what, they don't show up in this kind of analysis. Why not? Because they aren't poor any more.

Yes. No country on this planet has lifted more people out of poverty than America. No country has done more to further peace either...yet some Americans foolishly believe otherwise. Reagan was correct. We are the shining city on the hill. Do we have problems...sure. That does not diminish that.

Hypocrites. Taking land from the Indians is theft. Taking money from the rich is honorable. Stupidity.

(07-05-2021 08:03 AM)Fo Shizzle Wrote:  

(07-04-2021 11:39 AM)Owl 69/70/75 Wrote:  There's one other problem with this sort of analysis from a statistical standpoint. There are plenty of poor people that were helped immensely in the last 50 years. But guess what, they don't show up in this kind of analysis. Why not? Because they aren't poor any more.

Yes. No country on this planet has lifted more people out of poverty than America. No country has done more to further peace either...yet some Americans foolishly believe otherwise. Reagan was correct. We are the shining city on the hill. Do we have problems...sure. That does not diminish that.

Yes. If your solution to poverty is to lift people out of it, that will never show up in this kind of study, because the people who used to be poor, aren't any more. So the bottom 5% or 10% or 20% is a different population from 10, 20, or 50 years ago. The poor as a class don't look any better, but as individuals they are much better off. If your solution to poverty is to institutionalize it with handouts that make people more comfortable in poverty but discourage climbing out of it, your poverty class may get somewhat better over time, as a class, but not as individuals.

One of the things I like about the UBI/negative income tax/prebate/prefund approach is that it does both. It make the people at the bottom better off (it would really drive our Gini coefficient toward more equality in a big way, because of the way statisticians calculate those things) but at the same time it provides a hand up. So the poor get better off both as a class and individually.

(07-05-2021 10:23 AM)Claw Wrote:  Hypocrites. Taking land from the Indians is theft. Taking money from the rich is honorable. Stupidity.

Being 2 faced, flip flopping hypocrites is all that liberals know how to do.

America is the only country in the history of the planet where those in "poverty" are obese.

(07-05-2021 10:37 AM)Owl 69/70/75 Wrote:  

(07-05-2021 08:03 AM)Fo Shizzle Wrote:  

(07-04-2021 11:39 AM)Owl 69/70/75 Wrote:  There's one other problem with this sort of analysis from a statistical standpoint. There are plenty of poor people that were helped immensely in the last 50 years. But guess what, they don't show up in this kind of analysis. Why not? Because they aren't poor any more.

Yes. No country on this planet has lifted more people out of poverty than America. No country has done more to further peace either...yet some Americans foolishly believe otherwise. Reagan was correct. We are the shining city on the hill. Do we have problems...sure. That does not diminish that.

Yes. If your solution to poverty is to lift people out of it, that will never show up in this kind of study, because the people who used to be poor, aren't any more. So the bottom 5% or 10% or 20% is a different population from 10, 20, or 50 years ago. The poor as a class don't look any better, but as individuals they are much better off. If your solution to poverty is to institutionalize it with handouts that make people more comfortable in poverty but discourage climbing out of it, your poverty class may get somewhat better over time, as a class, but not as individuals.

One of the things I like about the UBI/negative income tax/prebate/prefund approach is that it does both. It make the people at the bottom better off (it would really drive our Gini coefficient toward more equality in a big way, because of the way statisticians calculate those things) but at the same time it provides a hand up. So the poor get better off both as a class and individually.

End thread # 1.

(07-05-2021 10:47 AM)Eagleaidaholic Wrote:  America is the only country in the history of the planet where those in "poverty" are obese.

End thread # 2.

(07-05-2021 05:07 PM)boss man Wrote:  

(07-05-2021 10:47 AM)Eagleaidaholic Wrote:  America is the only country in the history of the planet where those in "poverty" are obese.

End thread # 2.

Yep. Its already been well stated by others in the thread.

Poverty in America means a combination of obesity, air conditioned homes, smart phones, cable TV, 60 inch widescreens, high speed internet and sweet rims.

(07-03-2021 06:47 AM)Marc Mensa Wrote:  Per capita gross domestic product and unemployment rates were nearly identical after five years in countries that slashed taxes on the rich and in those that didn't, the study found.

But the analysis discovered one major change: The incomes of the rich grew much faster in countries where tax rates were lowered. Instead of trickling down to the middle class, tax cuts for the rich may not accomplish much more than help the rich keep more of their riches and exacerbate income inequality, the research indicates.


https://www.cbsnews.com/news/tax-cuts-ri...ckle-down/

Thats more due to the exporting of manufacturing jobs to lower price labor nations. Ive said for years you cant have a healthy vibrant middle class if you dont have a healthy vibrant manufacturing sector. The manufacture sector is the portion of the economy that acts as a magnifier in terms of sending economic waves through an economy.

In a service economy--the guy who sells a bond makes a commission and the buyer of the bond gets some interest---but there are few other economic players directly impacted by that transaction. On the other hand, if you manufacture a washing machine---the iron ore miners make a sale, the sheet metal company makes a sale, the screw company makes a sale, the electric motor company makes a sale, the plastic manufacturers make a sale, etc. All along that chain American labor cashes checks. Manufacturing sends economic ripples through an economy more effectively than any other sector.

As long as your sending manufacturing off shore, your going to see the middle and bottom of the employment pyramid suffer.