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cracklover
Dec 9, 2011, 12:59 PM
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scrapedape wrote: cracklover wrote: edited for clarity Keep trying. Um... I'm all for snarky comments, this being the soap box forum and all, but... what in particular didn't make sense? I mean, if you're not already passingly familiar with the work of Friedman, with Reaganomics, or with the current Republican congress, my post won't make much sense. But if that's the case, then many other things outside of your bubble probably baffle you on a daily basis. Just consider my post to be among "dem strange things people say sumtimes". GO
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cracklover
Dec 9, 2011, 1:04 PM
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NPR had a funny segment this morning. They tried to find a small business owner who would tell them that the taxes on the very rich which Obama is trying to push through would hurt the growth of their business. <crickets> They did find some small business owners who said they'd be impacted by those tax hikes, but they all said they'd have zero impact on their potential hiring decisions. GO
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dr_feelgood
Dec 9, 2011, 1:14 PM
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http://www.theonion.com/...rs-found-in-r,26490/
In reply to: WASHINGTON—A team of leading archaeologists announced Monday they had uncovered the remains of an ancient job-creating race that, at the peak of its civilization, may have provided occupations for hundreds of thousands of humans in the American Northeast and Midwest. According to researchers, these long- forgotten people once flourished between western New York state and Illinois, erecting highly distinctive steel and brick structures wherever they went, including many buildings thought to have held hundreds of paid workers at a time.
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scrapedape
Dec 9, 2011, 2:02 PM
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cracklover wrote: Great post Andrew. This in particular: atg200 wrote: high marginal rates encourage business reinvestment, which creates jobs and growth. I believe even Milton Friedman, in who's name this extreme Reaganomics agenda is pushed by the current Republican Congress, would completely disavow it; he would name it for the short-sighted monetary grab by the elite, at the expense of the economy as a whole, that it really is. GO edited for clarity Ok, you wrote who's instead of whose. That's just a pet peeve of mine and doesn't really impair clarity. It's not entirely clear what the "it" at the end of your first clause is referring to: Congress or the agenda. Your comment was really just not very clearly worded. That's all. And the lack of clarity has nothing to do with the substance, as far as I can tell.
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camhead
Dec 9, 2011, 2:56 PM
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dr_feelgood wrote: http://www.theonion.com/...rs-found-in-r,26490/ In reply to: WASHINGTON—A team of leading archaeologists announced Monday they had uncovered the remains of an ancient job-creating race that, at the peak of its civilization, may have provided occupations for hundreds of thousands of humans in the American Northeast and Midwest. According to researchers, these long- forgotten people once flourished between western New York state and Illinois, erecting highly distinctive steel and brick structures wherever they went, including many buildings thought to have held hundreds of paid workers at a time. If we're quoting relevant Onion articles...
In reply to: HAZELWOOD, MO—Twenty-six years after Ronald Reagan first set his controversial fiscal policies into motion, the deceased president's massive tax cuts for the ultrarich at last trickled all the way down to deliver their bounty, in the form of a $10 bonus, to Hazelwood, MO car-wash attendant Frank Kellener... Kellener, who has cared for his schizophrenic sister ever since her federally funded mental institution was closed in 1984, said that he plans to donate the full $10 to the Republican presidential candidate who best embodies Reagan's legacy.
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cracklover
Dec 9, 2011, 3:25 PM
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scrapedape wrote: cracklover wrote: Great post Andrew. This in particular: atg200 wrote: high marginal rates encourage business reinvestment, which creates jobs and growth. I believe even Milton Friedman, in who's name this extreme Reaganomics agenda is pushed by the current Republican Congress, would completely disavow it; he would name it for the short-sighted monetary grab by the elite, at the expense of the economy as a whole, that it really is. GO edited for clarity Ok, you wrote who's instead of whose. That's just a pet peeve of mine and doesn't really impair clarity. Oh, interesting! I was unaware of that rule. Or rather, I knew about it for things like "it's" vs. "its", but not in this case. Thanks! As for the rest - clarity is in the eye of the reader, so thanks for the feedback. Cheers, GO
(This post was edited by cracklover on Dec 9, 2011, 3:25 PM)
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yanqui
Dec 10, 2011, 3:36 PM
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The funny thing about this is that criteria "income of the top 1%" really doesn't give a very good picture of the massive disparity in wealth that occurs in the US today. The super-rich (the group whose wealth has grown astronomically in past few decades) is more like the top .01% or even the top .001%. Here's one possible comparison for income (net worth makes things look even worse): half of all American workers had incomes less than $26,400 in 2010. Meanwhile, the 400 highest earning taxpayers had average incomes of $345,000,000 (2007 data). That's a lot of zeros. One way to compare these two incomes is to see that the guy who made $26,400 would have to work more than 13,000 years in order to bring home as much money as the super-rich dude earned in one year. I don't even know what was going on in the world 13,000 years ago. Another way to compare these is to imagine that the super-rich dude is getting an hourly wage, a salary, so to speak (working 40 hours a week, 50 weeks a year - I'm giving him a couple weeks vacation). In that case the super-rich guy only has to work 9 minutes to make the yearly mean salary in the US. Yep that's right: 9 minutes.
(This post was edited by yanqui on Dec 10, 2011, 3:42 PM)
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veganclimber
Dec 10, 2011, 3:43 PM
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yanqui wrote: The funny thing about this is that criteria "income of the top 1%" really doesn't give a very good picture of the massive disparity in wealth that occurs in the US today. The super-rich (the group whose wealth has grown astronomically in past few decades) is more like the top .01% or even the top .001%. Here's one possible comparison for income (net worth makes the disparity look even worse): half of all American workers had incomes less than $26,400 in 2010. Meanwhile, the 400 highest earning taxpayers had average incomes of $345,000,000 (2007 data). That's a lot of zeros. One way to compare these two incomes is to see that the guy who made $26,400 would have to work more than 13,000 years in order to bring home as much money as the super-rich dude earned in one year. What was even going on in the world 13,000 years ago? Another way to compare these is to imagine that the super-rich dude is getting an hourly wage, a salary, so to speak (working 40 hours a week, 50 weeks a year - I'm giving him a couple weeks vacation). In that case the super-rich guy only has to work 9 minutes to make the yearly mean salary in the US. Yep that´s right: 9 minutes. What's really amazing is that a lot of those $26,000/year people think the system is unfair to those super rich dudes. You have to give the republicans some credit. They are able to pull off some really amazing shit sometimes.
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guangzhou
Dec 10, 2011, 5:19 PM
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yanqui wrote: The funny thing about this is that criteria "income of the top 1%" really doesn't give a very good picture of the massive disparity in wealth that occurs in the US today. The super-rich (the group whose wealth has grown astronomically in past few decades) is more like the top .01% or even the top .001%. Here's one possible comparison for income (net worth makes things look even worse): half of all American workers had incomes less than $26,400 in 2010. Meanwhile, the 400 highest earning taxpayers had average incomes of $345,000,000 (2007 data). That's a lot of zeros. One way to compare these two incomes is to see that the guy who made $26,400 would have to work more than 13,000 years in order to bring home as much money as the super-rich dude earned in one year. I don't even know what was going on in the world 13,000 years ago. Another way to compare these is to imagine that the super-rich dude is getting an hourly wage, a salary, so to speak (working 40 hours a week, 50 weeks a year - I'm giving him a couple weeks vacation). In that case the super-rich guy only has to work 9 minutes to make the yearly mean salary in the US. Yep that's right: 9 minutes. Again, I see nothing wrong with this. If someone, including some of you here, could figure out how to make 26,000 USD every nine minute, a lot would. Takes a long time and a lot of knowledge/effort to get yourself into that situation.
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yanqui
Dec 11, 2011, 4:59 AM
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guangzhou wrote: yanqui wrote: The funny thing about this is that criteria "income of the top 1%" really doesn't give a very good picture of the massive disparity in wealth that occurs in the US today. The super-rich (the group whose wealth has grown astronomically in past few decades) is more like the top .01% or even the top .001%. Here's one possible comparison for income (net worth makes things look even worse): half of all American workers had incomes less than $26,400 in 2010. Meanwhile, the 400 highest earning taxpayers had average incomes of $345,000,000 (2007 data). That's a lot of zeros. One way to compare these two incomes is to see that the guy who made $26,400 would have to work more than 13,000 years in order to bring home as much money as the super-rich dude earned in one year. I don't even know what was going on in the world 13,000 years ago. Another way to compare these is to imagine that the super-rich dude is getting an hourly wage, a salary, so to speak (working 40 hours a week, 50 weeks a year - I'm giving him a couple weeks vacation). In that case the super-rich guy only has to work 9 minutes to make the yearly mean salary in the US. Yep that's right: 9 minutes. Again, I see nothing wrong with this. If someone, including some of you here, could figure out how to make 26,000 USD every nine minute, a lot would. Takes a long time and a lot of knowledge/effort to get yourself into that situation. It also helps, for example, to be born into (or marry into) the Walton family. And after all Walmart, not to mention leveraged buyouts and hedge funds, have done so much to make the US a better place for everyone. (And here I was worried someone would catch I said "mean" salary when I should have said "median").
(This post was edited by yanqui on Dec 11, 2011, 5:02 AM)
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camhead
Dec 11, 2011, 8:03 AM
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guangzhou wrote: yanqui wrote: The funny thing about this is that criteria "income of the top 1%" really doesn't give a very good picture of the massive disparity in wealth that occurs in the US today. The super-rich (the group whose wealth has grown astronomically in past few decades) is more like the top .01% or even the top .001%. Here's one possible comparison for income (net worth makes things look even worse): half of all American workers had incomes less than $26,400 in 2010. Meanwhile, the 400 highest earning taxpayers had average incomes of $345,000,000 (2007 data). That's a lot of zeros. One way to compare these two incomes is to see that the guy who made $26,400 would have to work more than 13,000 years in order to bring home as much money as the super-rich dude earned in one year. I don't even know what was going on in the world 13,000 years ago. Another way to compare these is to imagine that the super-rich dude is getting an hourly wage, a salary, so to speak (working 40 hours a week, 50 weeks a year - I'm giving him a couple weeks vacation). In that case the super-rich guy only has to work 9 minutes to make the yearly mean salary in the US. Yep that's right: 9 minutes. Again, I see nothing wrong with this. If someone, including some of you here, could figure out how to make 26,000 USD every nine minute, a lot would. Takes a long time and a lot of knowledge/effort to get yourself into that situation. Do you honestly think that the top 400 earners in the US are over 13,000 times smarter and hard working than the average American? That they really are that much more naturally gifted?
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veganclimber
Dec 11, 2011, 12:05 PM
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Here is another way to look at it: http://www.politifact.com/...s-have-more-wealth-/
In reply to: "Right now, this afternoon, just 400 Americans -- 400 -- have more wealth than half of all Americans combined," Moore avowed to tens of thousands of protesters. "Let me say that again. And please, someone in the mainstream media, just repeat this fact once; we’re not greedy, we’ll be happy to hear it just once. "Four hundred obscenely wealthy individuals, 400 little Mubaraks -- most of whom benefited in some way from the multi-trillion-dollar taxpayer bailout of 2008 -- now have more cash, stock and property than the assets of 155 million Americans combined." I guess there is some debate about the exact numbers, but it does seem clear that if you compare the wealth of these 400 to the bottom 155 million, the numbers are comparable.
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dan2see
Dec 11, 2011, 12:21 PM
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guangzhou wrote: yanqui wrote: The funny thing about this is that criteria "income of the top 1%" really doesn't give a very good picture of the massive disparity in wealth that occurs in the US today. The super-rich (the group whose wealth has grown astronomically in past few decades) is more like the top .01% or even the top .001%. Here's one possible comparison for income (net worth makes things look even worse): half of all American workers had incomes less than $26,400 in 2010. Meanwhile, the 400 highest earning taxpayers had average incomes of $345,000,000 (2007 data). That's a lot of zeros. One way to compare these two incomes is to see that the guy who made $26,400 would have to work more than 13,000 years in order to bring home as much money as the super-rich dude earned in one year. I don't even know what was going on in the world 13,000 years ago. Another way to compare these is to imagine that the super-rich dude is getting an hourly wage, a salary, so to speak (working 40 hours a week, 50 weeks a year - I'm giving him a couple weeks vacation). In that case the super-rich guy only has to work 9 minutes to make the yearly mean salary in the US. Yep that's right: 9 minutes. Again, I see nothing wrong with this. If someone, including some of you here, could figure out how to make 26,000 USD every nine minute, a lot would. Takes a long time and a lot of knowledge/effort to get yourself into that situation. You don't have to see anything wrong -- you're not here. As for that "knowledge and effort" phrase -- ha ha good one! You seem to be telling us that anybody can make lots of money, if they try and keep trying. GZ, I think you have to awfully arrogant say these things.
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guangzhou
Dec 11, 2011, 6:00 PM
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dan2see wrote: guangzhou wrote: yanqui wrote: The funny thing about this is that criteria "income of the top 1%" really doesn't give a very good picture of the massive disparity in wealth that occurs in the US today. The super-rich (the group whose wealth has grown astronomically in past few decades) is more like the top .01% or even the top .001%. Here's one possible comparison for income (net worth makes things look even worse): half of all American workers had incomes less than $26,400 in 2010. Meanwhile, the 400 highest earning taxpayers had average incomes of $345,000,000 (2007 data). That's a lot of zeros. One way to compare these two incomes is to see that the guy who made $26,400 would have to work more than 13,000 years in order to bring home as much money as the super-rich dude earned in one year. I don't even know what was going on in the world 13,000 years ago. Another way to compare these is to imagine that the super-rich dude is getting an hourly wage, a salary, so to speak (working 40 hours a week, 50 weeks a year - I'm giving him a couple weeks vacation). In that case the super-rich guy only has to work 9 minutes to make the yearly mean salary in the US. Yep that's right: 9 minutes. Again, I see nothing wrong with this. If someone, including some of you here, could figure out how to make 26,000 USD every nine minute, a lot would. Takes a long time and a lot of knowledge/effort to get yourself into that situation. You don't have to see anything wrong -- you're not here. As for that "knowledge and effort" phrase -- ha ha good one! You seem to be telling us that anybody can make lots of money, if they try and keep trying. GZ, I think you have to awfully arrogant say these things. I am not in America, but I am American. I spend quite a bit of time there too, but I decided to go where I saw a good opportunity instead of complaining about lack of opportunities where I was living in Tennessee. We live in a Global Economy, it's ok to be mobile. Leave you home-town, city, state, or country and look around, you'll be surprised at what you found out there. Look at the big earners, that's exactly what they did, they looked around for opportunities and invested. (time or money) My personal goal. Within ten years, I'll be semi-retired either in Southern France or the United States if my ten year plan works out. If the risk I am taking today doesn't workout, I'll be working till I die and I accept that. It's a decision I made and I can live with the consequences although I hope to live with the rewards. As for arrogant, I could be called arrogant for my comments if I were rich, but this year I will barely make 20,000 USD. (Worked half a year, the other half dedicated to my start-up.) My best year ever income wise was 40,000, so I never have made big money in reality. I have managed to save between 25 and 35% of my salary every year in case I lost my job or found a worth while investment/cause. My view that anyone can be successful isn't arrogant, it's a reality. The first step is to believe and build some self confidence. Learn something about personal finances and apply them to your personal life. Plenty of easy to access resources in the United States for sure. My safety net, I don't have one. I now have less than 6000 USD in the bank and all my money invested my new business. As to the question above about how much smarter or better those top earners are. They convince someone they were worth what they earn. That means they have strong skills in the industry they work in, and they have good negotiation skills too. If they make their money willing and dealing, or trading stock, they are smart enough to look at trends, buy and sell accordingly. The Walmart bashing, Walmart makes money by providing a service/product people are interested in and willing to pay. If people honestly didn't like Walmart like so many here say they don't, Walmart would be out of business. Walmart is a great example of a business model that finds a product people are willing to buy for a price-point they are willing to pay. When I travel in America, I frequent K-mart, Target, or Walmart of ordinary everyday items. I buy my shoes from Payless shoes. That's how I lived within my income level and managed to save money as a school teacher over the years. Walmart has made my Annual 8 week climbing road trip much more affordable for sure. The people who went broke in this crisis aren't broke because they were not making enough money, they were broke because they were spending to much of what they earned to begin with. They kept upgrading to newer models of phones, computers, leased car instead of buying, and bought more house than they could afford. They all thought the salary would continue to rise and put saving money off to tomorrow. I remember commenting on a climber's on-sigth of a 5.13c to a guy I was climbing with once. He responded with the classic, that guy is just chasing numbers, I'm not interested in being that good, I rather just enjoy my climbing. My partner then got frustrated when he fell on a 5.10. To me, it's the same syndrome, when the rich get rich doing what they do, middle class and poor say they are just chasing money. I reply with, you're not willing to commit yourself to what it takes to earn what they do. Sort of like the guy climbing 5.10 is not willing to commit himself to what it takes to climb 5.13.
(This post was edited by guangzhou on Dec 11, 2011, 6:16 PM)
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dan2see
Dec 11, 2011, 6:51 PM
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guangzhou wrote: ... I remember commenting on a climber's on-sigth of a 5.13c to a guy I was climbing with once. He responded with the classic, that guy is just chasing numbers, I'm not interested in being that good, I rather just enjoy my climbing. My partner then got frustrated when he fell on a 5.10. To me, it's the same syndrome, when the rich get rich doing what they do, middle class and poor say they are just chasing money. I reply with, you're not willing to commit yourself to what it takes to earn what they do. Sort of like the guy climbing 5.10 is not willing to commit himself to what it takes to climb 5.13. Ha ha! GZ, good one! Wow! Did you go to some special school to learn that stuff?
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yanqui
Dec 12, 2011, 4:55 AM
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dan2see wrote: guangzhou wrote: ... I remember commenting on a climber's on-sigth of a 5.13c to a guy I was climbing with once. He responded with the classic, that guy is just chasing numbers, I'm not interested in being that good, I rather just enjoy my climbing. My partner then got frustrated when he fell on a 5.10. To me, it's the same syndrome, when the rich get rich doing what they do, middle class and poor say they are just chasing money. I reply with, you're not willing to commit yourself to what it takes to earn what they do. Sort of like the guy climbing 5.10 is not willing to commit himself to what it takes to climb 5.13. Ha ha! GZ, good one! Wow! Did you go to some special school to learn that stuff? The Koch Brothers School of Sycophancy?
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guangzhou
Dec 13, 2011, 5:49 PM
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yanqui wrote: dan2see wrote: guangzhou wrote: ... I remember commenting on a climber's on-sigth of a 5.13c to a guy I was climbing with once. He responded with the classic, that guy is just chasing numbers, I'm not interested in being that good, I rather just enjoy my climbing. My partner then got frustrated when he fell on a 5.10. To me, it's the same syndrome, when the rich get rich doing what they do, middle class and poor say they are just chasing money. I reply with, you're not willing to commit yourself to what it takes to earn what they do. Sort of like the guy climbing 5.10 is not willing to commit himself to what it takes to climb 5.13. Ha ha! GZ, good one! Wow! Did you go to some special school to learn that stuff? The Koch Brothers School of Sycophancy? What part don't you agree with? learned it via personal observations in the climbing world. Want to know how attainable 5.13 is with a full time job and family commitment, visit Europe for awhile and see what the serious recreational climbers are climbing. Visit Southern Thailand, Krabi, next Christmas and see what the climbers there are climbing. They spend their Christmas break there because they have full-time careers. So again, the step is to actually believe you can climb 5.13. The second and almost as hard step is to commit.
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lena_chita
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Dec 14, 2011, 5:21 AM
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guangzhou wrote: yanqui wrote: dan2see wrote: guangzhou wrote: ... I remember commenting on a climber's on-sigth of a 5.13c to a guy I was climbing with once. He responded with the classic, that guy is just chasing numbers, I'm not interested in being that good, I rather just enjoy my climbing. My partner then got frustrated when he fell on a 5.10. To me, it's the same syndrome, when the rich get rich doing what they do, middle class and poor say they are just chasing money. I reply with, you're not willing to commit yourself to what it takes to earn what they do. Sort of like the guy climbing 5.10 is not willing to commit himself to what it takes to climb 5.13. Ha ha! GZ, good one! Wow! Did you go to some special school to learn that stuff? The Koch Brothers School of Sycophancy? What part don't you agree with? learned it via personal observations in the climbing world. Want to know how attainable 5.13 is with a full time job and family commitment, visit Europe for awhile and see what the serious recreational climbers are climbing. Visit Southern Thailand, Krabi, next Christmas and see what the climbers there are climbing. They spend their Christmas break there because they have full-time careers. So again, the step is to actually believe you can climb 5.13. The second and almost as hard step is to commit. Yes, 5.13 is attainable for many, with enough determination. But to put it in the context of this thread, don't talk about how many CLIMBERS can climb 5.13. Talk about how many PEOPLE-- general population-- can climb 5.13. And then make a claim that everyone could-- still reasonable? You seem to run with the assumption that everyone can and should get rich. Even assuming that everyone could, which no one but you seems to believe, where would this world be, if everyone was an investment banker? The worlds needs garbage collectors and janitors, grocery store clerks and secretaries, musicians and geologists, pizza delivery guys and miners, and on and on and on. And it makes sense that some occupations require more skills and should get paid proportionately more. And some occupations require people who can invest their money, take risks, make good decisions, and when they create more wealth that way it is a pay-off for the risks they did take and the investment of money and time and skills. But it doesn't make sense that those who are working full-time in many of the jobs that form the foundation of this society cannot make a decent living on that money.
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guangzhou
Dec 14, 2011, 5:33 PM
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In reply to: I remember commenting on a climber's on-sigth of a 5.13c to a guy I was climbing with once. He responded with the classic, that guy is just chasing numbers, I'm not interested in being that good, I rather just enjoy my climbing. My partner then got frustrated when he fell on a 5.10. To me, it's the same syndrome, when the rich get rich doing what they do, middle class and poor say they are just chasing money. I reply with, you're not willing to commit yourself to what it takes to earn what they do. Sort of like the guy climbing 5.10 is not willing to commit himself to what it takes to climb 5.13.
In reply to: Ha ha! GZ, good one! Wow! Did you go to some special school to learn that stuff?
In reply to: The Koch Brothers School of Sycophancy?
In reply to: What part don't you agree with? Learned it via personal observations in the climbing world. Want to know how attainable 5.13 is with a full time job and family commitment, visit Europe for awhile and see what the serious recreational climbers are climbing. Visit Southern Thailand, Krabi, next Christmas and see what the climbers there are climbing. They spend their Christmas break there because they have full-time careers. So again, the step is to actually believe you can climb 5.13. The second and almost as hard step is to commit.
In reply to: Yes, 5.13 is attainable for many, with enough determination. But to put it in the context of this thread, don't talk about how many CLIMBERS can climb 5.13. Talk about how many PEOPLE-- general population-- can climb 5.13. And then make a claim that everyone could-- still reasonable? That makes no sense to me. If someone never climbs, of course they can never climb 5.13. Same is also true of people who never take the risk to make big money, or people who make choices that don’t bring them into the big earning sectors. If you’re not willing to risk, nor willing to make some sacrifices, you can’t expect the rewards.
In reply to: You seem to run with the assumption that everyone can and should get rich. Even assuming that everyone could, which no one but you seems to believe, where would this world be, if everyone was an investment banker? I don’t believe everyone should get rich. I just believe that those who really want to and dedicate themselves to the task can make it happen. Think back on high school to see how many of your class mates actually applied themselves and how many just decided to get by and get it over with.
In reply to: The worlds needs garbage collectors and janitors, grocery store clerks and secretaries, musicians and geologists, pizza delivery guys and miners, and on and on and on. I couldn’t agree more with you. What the world doesn’t need is a janitor complaining about how much a doctor is making. I personally don’t believe we can ever earn poverty. I’d like to see world hunger end, but poverty will always exist. The people who earn the least within the society you’re looking at are the poverty level.
In reply to: And it makes sense that some occupations require more skills and should get paid proportionately more. And some occupations require people who can invest their money, take risks, make good decisions, and when they create more wealth that way it is a pay-off for the risks they did take and the investment of money and time and skills. This is exactly what I have been saying all along. What doesn’t make sense is that the people who are in those occupations should have to give up the money they earn for making good decision, taking risk, investing wisely, and applying their time and skills.
In reply to: But it doesn't make sense that those who are working full-time in many of the jobs that form the foundation of this society cannot make a decent living on that money. Raising how much money is earned at the bottom will not increase their quality of life. For example, if the Untied States raise the minimum wage to 20.00 USD an hour as the minimum federally mandated rate, good at all levels would also rise in cost. Food prices would rise, transportation prices would rise, rents would rise, and everything else. More money in someone pocket isn’t going to make him or her financially independent unless people learn to live within their income level. Based on your post, I think you were trying to tell me I was wrong, but you seem to support what I have been saying so far.
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veganclimber
Dec 14, 2011, 10:58 PM
Post #71 of 90
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Registered: Mar 17, 2005
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guangzhou wrote: In reply to: The worlds needs garbage collectors and janitors, grocery store clerks and secretaries, musicians and geologists, pizza delivery guys and miners, and on and on and on. I couldn’t agree more with you. What the world doesn’t need is a janitor complaining about how much a doctor is making. I've never heard anybody complain about how much money doctors make. They have to work very hard to get where they are, usually put themselves in significant debt in the process, and, unlike many rich people, are useful to society. In reply to: I personally don’t believe we can ever earn poverty. I’d like to see world hunger end, but poverty will always exist. The people who earn the least within the society you’re looking at are the poverty level. In reply to: And it makes sense that some occupations require more skills and should get paid proportionately more. And some occupations require people who can invest their money, take risks, make good decisions, and when they create more wealth that way it is a pay-off for the risks they did take and the investment of money and time and skills. This is exactly what I have been saying all along. What doesn’t make sense is that the people who are in those occupations should have to give up the money they earn for making good decision, taking risk, investing wisely, and applying their time and skills. It's called taxes. Everybody pays them.
In reply to: In reply to: But it doesn't make sense that those who are working full-time in many of the jobs that form the foundation of this society cannot make a decent living on that money. Raising how much money is earned at the bottom will not increase their quality of life. Of course it would.
In reply to: For example, if the Untied States raise the minimum wage to 20.00 USD an hour as the minimum federally mandated rate, good at all levels would also rise in cost. Food prices would rise, transportation prices would rise, rents would rise, and everything else. More money in someone pocket isn’t going to make him or her financially independent unless people learn to live within their income level. Based on your post, I think you were trying to tell me I was wrong, but you seem to support what I have been saying so far. I'm sure most people agree with you to an extent. We all agree that a doctor should make more than a janitor. You just take it to an extreme.
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dr_feelgood
Dec 15, 2011, 12:05 AM
Post #72 of 90
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Registered: Apr 6, 2004
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http://www.boston.com/..._poor_or_low_income/
In reply to: WASHINGTON—Squeezed by rising living costs, a record number of Americans -- nearly 1 in 2 -- have fallen into poverty or are scraping by on earnings that classify them as low income. The latest census data depict a middle class that's shrinking as unemployment stays high and the government's safety net frays. The new numbers follow years of stagnating wages for the middle class that have hurt millions of workers and families. Anyone can climb 5.13. frsrsly
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guangzhou
Dec 15, 2011, 1:40 AM
Post #73 of 90
(1011 views)
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Registered: Sep 26, 2004
Posts: 3388
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veganclimber wrote: guangzhou wrote: In reply to: The worlds needs garbage collectors and janitors, grocery store clerks and secretaries, musicians and geologists, pizza delivery guys and miners, and on and on and on. I couldn’t agree more with you. What the world doesn’t need is a janitor complaining about how much a doctor is making. I've never heard anybody complain about how much money doctors make. They have to work very hard to get where they are, usually put themselves in significant debt in the process, and, unlike many rich people, are useful to society. In reply to: I personally don’t believe we can ever earn poverty. I’d like to see world hunger end, but poverty will always exist. The people who earn the least within the society you’re looking at are the poverty level. In reply to: And it makes sense that some occupations require more skills and should get paid proportionately more. And some occupations require people who can invest their money, take risks, make good decisions, and when they create more wealth that way it is a pay-off for the risks they did take and the investment of money and time and skills. This is exactly what I have been saying all along. What doesn’t make sense is that the people who are in those occupations should have to give up the money they earn for making good decision, taking risk, investing wisely, and applying their time and skills. It's called taxes. Everybody pays them. In reply to: In reply to: But it doesn't make sense that those who are working full-time in many of the jobs that form the foundation of this society cannot make a decent living on that money. Raising how much money is earned at the bottom will not increase their quality of life. Of course it would. In reply to: For example, if the Untied States raise the minimum wage to 20.00 USD an hour as the minimum federally mandated rate, good at all levels would also rise in cost. Food prices would rise, transportation prices would rise, rents would rise, and everything else. More money in someone pocket isn’t going to make him or her financially independent unless people learn to live within their income level. Based on your post, I think you were trying to tell me I was wrong, but you seem to support what I have been saying so far. I'm sure most people agree with you to an extent. We all agree that a doctor should make more than a janitor. You just take it to an extreme. Not sure what you mean by I take it to an extreme. High earning doctors are part of the 1% defined by the guys on this site. I tend to think the people here are taking it to extremes and seeing the issue as black and white, when in reality is much more complicated.
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guangzhou
Dec 15, 2011, 1:42 AM
Post #74 of 90
(1009 views)
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Registered: Sep 26, 2004
Posts: 3388
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dr_feelgood wrote: http://www.boston.com/..._poor_or_low_income/ In reply to: WASHINGTON—Squeezed by rising living costs, a record number of Americans -- nearly 1 in 2 -- have fallen into poverty or are scraping by on earnings that classify them as low income. The latest census data depict a middle class that's shrinking as unemployment stays high and the government's safety net frays. The new numbers follow years of stagnating wages for the middle class that have hurt millions of workers and families. Anyone can climb 5.13. frsrsly Any climber dedicated to the task and willing to make the necessary sacrifices.
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ubu
Dec 15, 2011, 4:57 AM
Post #75 of 90
(999 views)
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Registered: Dec 17, 2008
Posts: 1475
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guangzhou wrote: veganclimber wrote: guangzhou wrote: In reply to: The worlds needs garbage collectors and janitors, grocery store clerks and secretaries, musicians and geologists, pizza delivery guys and miners, and on and on and on. I couldn’t agree more with you. What the world doesn’t need is a janitor complaining about how much a doctor is making. I've never heard anybody complain about how much money doctors make. They have to work very hard to get where they are, usually put themselves in significant debt in the process, and, unlike many rich people, are useful to society. In reply to: I personally don’t believe we can ever earn poverty. I’d like to see world hunger end, but poverty will always exist. The people who earn the least within the society you’re looking at are the poverty level. In reply to: And it makes sense that some occupations require more skills and should get paid proportionately more. And some occupations require people who can invest their money, take risks, make good decisions, and when they create more wealth that way it is a pay-off for the risks they did take and the investment of money and time and skills. This is exactly what I have been saying all along. What doesn’t make sense is that the people who are in those occupations should have to give up the money they earn for making good decision, taking risk, investing wisely, and applying their time and skills. It's called taxes. Everybody pays them. In reply to: In reply to: But it doesn't make sense that those who are working full-time in many of the jobs that form the foundation of this society cannot make a decent living on that money. Raising how much money is earned at the bottom will not increase their quality of life. Of course it would. In reply to: For example, if the Untied States raise the minimum wage to 20.00 USD an hour as the minimum federally mandated rate, good at all levels would also rise in cost. Food prices would rise, transportation prices would rise, rents would rise, and everything else. More money in someone pocket isn’t going to make him or her financially independent unless people learn to live within their income level. Based on your post, I think you were trying to tell me I was wrong, but you seem to support what I have been saying so far. I'm sure most people agree with you to an extent. We all agree that a doctor should make more than a janitor. You just take it to an extreme. Not sure what you mean by I take it to an extreme. High earning doctors are part of the 1% defined by the guys on this site. I tend to think the people here are taking it to extremes and seeing the issue as black and white, when in reality is much more complicated. This whole discussion is ridiculous. People arguing against changes to tax policy like to pretend the world is flat, and any shift in tax burden unfairly tilts the plateau. Guess what, the world isn't flat -- all economic systems advantage some and disadvantage others, and successful societies need to constantly tweak things to maintain balance. We've played around with big tax cuts, and the result has been piss-poor. There is essentially no evidence that the Bush cuts led to any growth, but lots of evidence that it accelerated redistribution of income to the upper tier. Can someone tell me why we shouldn't move back toward a marginal rate structure that has worked well in the past? Our last tweak didn't work, so let's tweak things back the other direction and see what happens. What's the big deal here?
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