top 1% vs bottom 50% (US wealth)

Discussion in 'Economics' started by richardyu301, Mar 3, 2006.

  1. Maverick74

    Maverick74

    Red Herring. This is a very small part of the poverty problem in this country. My comment was in relation to poverty. Your comment was related to free trade. Yes, the two intertwine at some point on the x-axis, but the problem in this country is not the loss of engineering jobs to India.
     
    #51     Mar 7, 2006
  2. Maverick74

    Maverick74

    I'll tell you what, keep graduating blacks and poor whites in this country that can't read and write and 30 years from now they won't have to be able to read and write in english, they'll have to learn Japanese or chinese.

    And another thing Einstein, many of those so-called socialist europeans, they are actually coming HERE to take our jobs. We have several shortages of high skilled labor in this country and it's the Europeans, that are filling that gap.
     
    #52     Mar 7, 2006
  3. Interestingly, the only way out of that trap is redistribution of wealth - from wealthy school districts to poor ones.
     
    #53     Mar 7, 2006
  4. "Interestingly, the only way out of that trap is redistribution of wealth - from wealthy school districts to poor ones"

    false

    since that assumes that the solution to poor schooling is simply spending more $$$

    which is shown empirically false time after time

    catholic schools, for example, do much better than public schools while spending far less per student

    most private schools do the same, and homeschooling (which was fought tooth and nail by the NEA et al) has also shown amazing success.

    our public school system creates disincentives for achievement, and fails to test teachers for merit, or reward them for prowess.

    furthermore, our teachers unions have fought vouchers, teacher merit pay, or any other means testing by which better teachers can be rewarded and poor teachers can be culled

    interestingly, blacks are MORE likely to support vouchers even though the dems as a whole are against them
     
    #54     Mar 7, 2006
  5. Exactly why Flat Tax did not make any real sense, it would have crippled all of low and lower middle classes.
     
    #55     Mar 7, 2006
  6. ==============
    Good shot Whitster.

    Now that you mention reading Japenese ,Maverick, and another thing;

    :cool:
    Al Einstein didnt like his old neighborhood, so he chose to live in America.My dad didnt like some of my reading skills, remember as a kid, he made me keep reading out loud untill got it right.

    Never did blame someone else for reading ability. Just got thru reading some Japenese candlecharts.
     
    #56     Mar 7, 2006
  7. Warmagus

    Warmagus

    What's surprising to me are all the socialists on a board dedicated to a pursuit that is about as capitalist as you can get.
     
    #57     Mar 7, 2006
  8. AHAHAHAHAHAHAHAHAHAH
    AHAHAHAHAH
    AHAHAHAHAH
    AHAHAHAHAH
    AHAHAHAHAH
    AHAHAHAHAH
    AHAHAHAHAH


    EXACTLY

    I keep saying this everytime I see this shit hahahahahah


    For all you people out there:

    don't blame the rich for any issues
    blame the poor if you have no money

    admire the rich and emulate them if you want money.

    People who side with the poor
    will eventually become or stay one for life.
     
    #58     Mar 7, 2006
  9. Vouchers are an especially pure form of wealth distribution, as they equalize educational spending across economically disparate regions.

    Thanks for helping make the point.
     
    #59     Mar 7, 2006
  10. Maverick74

    Maverick74

    Everything the government does is a form of wealth distribution. If they are using our tax dollars to provide a service or subsidize a service, that is the very definition.

    The difference here with school vouchers is, they create a system of accountability. Something that is currently lacking in our public school system.
     
    #60     Mar 7, 2006