Go Back  Airline Pilot Central Forums > Pilot Lounge > Hangar Talk
The Pitchforks Are Coming...For Us Plutocrats >

The Pitchforks Are Coming...For Us Plutocrats

Search
Notices
Hangar Talk For non-aviation-related discussion and aviation threads that don't belong elsewhere

The Pitchforks Are Coming...For Us Plutocrats

Thread Tools
 
Search this Thread
 
Old 07-06-2014, 08:22 PM
  #61  
Gets Weekends Off
 
kronan's Avatar
 
Joined APC: Nov 2005
Position: 757 Capt
Posts: 2,418
Default

Government 'solved' the inequality problem back in 1993, see back then there was a big spread between CEO pay and the average worker....but Govt eliminated the tax deductibility of those excessive salaries. And Corps switched to performance based rewards like stock options

No wait a second, Govt did something and the problem only grew--so, naturally Govt. No wait, Bureacracy not a big fan of you broke it, you bought it

IRC Section 162(m) and the Law of Unintended Consequences by James S. Wallace, Kenneth R. Ferris :: SSRN
kronan is offline  
Old 07-06-2014, 09:36 PM
  #62  
Gets Weekends Off
 
atpcliff's Avatar
 
Joined APC: Mar 2007
Position: Capt
Posts: 3,215
Default

The countries where people rank themselves consistently the happiest are Scandinavia...and they have about the least income inequality.
atpcliff is offline  
Old 07-07-2014, 06:38 AM
  #63  
Gets Weekends Off
 
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Default

Originally Posted by atpcliff View Post
The countries where people rank themselves consistently the happiest are Scandinavia...and they have about the least income inequality.
A country full of hot blonds will do that for you. Socialism works when it is all I the family and people feel shame for not pulling their fair share. A country full of moochers, not so much. The top 1% has figured out a way around high tax rates! pay themselves more. The bottom 50% has figured out a way around high taxes, sit on their a$$. Nothing you propose to equalize income disparity will fix this.
FDXLAG is offline  
Old 07-07-2014, 06:47 AM
  #64  
Line Holder
 
Joined APC: Jul 2006
Posts: 690
Default

It took awhile for him to get his point across. Then I lost interest and moved on. it was all me me me
bgmann is offline  
Old 07-07-2014, 07:05 AM
  #65  
Libertarian Resistance
 
Winged Wheeler's Avatar
 
Joined APC: Feb 2007
Position: 757 FO
Posts: 1,057
Default

Originally Posted by FoxHunter View Post
Jungle may be correct when he says "The economy can exist without the state". Somalia is a perfect example. One would have to decide if we want the same for the USA.

We already rank 31 out of 34 in inequality in OECD countries. We have gone from a first rate country with a large, strong middle class with a representative government to one with a shrinking middle class governed by the highest bidder. The whole system has become so corrupt we resemble a third world country.

Somalia is, for internet progressives, the rhetorical equivalent of stick shaker. I propose that we call this the "moon-bat corollary" to Godwin's law.

WW
Winged Wheeler is offline  
Old 07-07-2014, 07:08 AM
  #66  
Gets Weekends Off
 
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Default

Originally Posted by Winged Wheeler View Post
Somalia is, for internet progressives, the rhetorical equivalent of stick shaker. I propose that we call this the "moon-bat corollary" to Godwin's law.

WW
I want to know what is the income inequality in Somalia and are they happy.
FDXLAG is offline  
Old 07-07-2014, 07:15 AM
  #67  
Libertarian Resistance
 
Winged Wheeler's Avatar
 
Joined APC: Feb 2007
Position: 757 FO
Posts: 1,057
Default

Originally Posted by FoxHunter View Post
Jungle may be correct when he says "The economy can exist without the state". Somalia is a perfect example. One would have to decide if we want the same for the USA.

We already rank 31 out of 34 in inequality in OECD countries. We have gone from a first rate country with a large, strong middle class with a representative government to one with a shrinking middle class governed by the highest bidder. The whole system has become so corrupt we resemble a third world country.

GINI coefficients are very limited in their ability to measure economic inequality. Here is a quote from an obscure website that I managed to find after an exhaustive search:

A Gini index does not contain information about absolute national or personal incomes. Populations can have very low income Gini indices, yet simultaneously very high wealth Gini index. By measuring inequality in income, the Gini ignores the differential efficiency of use of household income. By ignoring wealth (except as it contributes to income) the Gini can create the appearance of inequality when the people compared are at different stages in their life. Wealthy countries such as Sweden can show a low Gini coefficient for disposable income of 0.31 thereby appearing equal, yet have very high Gini coefficient for wealth of 0.79 to 0.86 thereby suggesting an extremely unequal wealth distribution in its society.[55][56] These factors are not assessed in income-based Gini.

Gini coefficient - Wikipedia, the free encyclopedia

WW
Winged Wheeler is offline  
Old 07-07-2014, 07:17 AM
  #68  
Libertarian Resistance
 
Winged Wheeler's Avatar
 
Joined APC: Feb 2007
Position: 757 FO
Posts: 1,057
Default

Originally Posted by Snarge View Post
wow... look at all the hard workers for the plutocrats defend their masters way of life...

ahhh APC.... where labor thinks they are equal to their bosses.....
ahhh, the internet. Where the straw man argument lives on forever.

WW
Winged Wheeler is offline  
Old 07-07-2014, 07:30 AM
  #69  
Gets Weekends Off
 
Joined APC: Feb 2009
Posts: 1,007
Default

Originally Posted by Winged Wheeler View Post
ahhh, the internet. Where the straw man argument lives on forever.

WW

Everybody loves govt... when it reflects their values... even Libertarians... they are like CRAPers (Conservative Air Line Pilots) who from a position of luxury rail against the very economic conditions that made them....

Said differently... if you are dirt poor you can't afford to be anything other than poor... and that goes for Libertarians too....
Snarge is offline  
Old 07-07-2014, 09:31 AM
  #70  
Gets Weekends Off
 
RhinoPherret's Avatar
 
Joined APC: Aug 2012
Posts: 1,026
Default

Enough of all this hot air being thrown around in this thread!

I am a content peasant who has rights also. It took countless years, countless politicians, and countless gullible people to get me to where I am at today. And don’t think I’m not grateful either.

P.S. And guess what? We peasants don’t give a flying patoot about global warming either!
RhinoPherret is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
flextodaline
Cargo
28
02-02-2014 01:48 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices