Spread The Wealth (Page 2)

I am sorry but since I am an American I think I can rip on us if I want, matter of fact I have a bill of rights that says I can... so don't fix my post.. 

I wanted to know why economically speaking that there is such a difference in who controls wealth.  Think John Edwards and his "Two America's".  Why does the US have such a huge disparity in comparison to other democratic states?  Is it because of how our system works?!

I do think it is a problem - speaking in terms that those who have wealth can thus access to the best services and those who don't, can't.   And if the gap is growing I find that problematic.   

I agree with you that there are those who are good at making  money and earn it... and that those who are best at their professions are paid highly.  No problems with that. 

I agree with what someone else said about having a tv, house, car isn't all that bad either!!

I believe it's too simple to say work hard you will make money - education and family background matters.  If you are born into poverty the chances of escaping poverty are stacked against you. 

I am sure they do Bradword but we are not talking about the gap in wealth in China are we???? Well that would be do to socialism...
we are not talking about the gap in wealth in Japan are we?

I have not heard of any reports of Austalians or Japanese who bi**c and moan because their neighbor has more and makes more they they do; like americans do.

We are one whiney country.... He makes more, he is smarter than I am, his family left him more money than mine did, he is faster, he can swim longer... blah blah blah...

No wonder everyone hates us, we are that whiney azz little kid on the playground who compains to the teacher when someone does something we dont like.

We ARE Bi**HES....

Because only 33% of wealthy people get their money from inheritence...

http://www.earlytorise.com/2008/05/12/wealth-and-wealthy-people.html

OK so the majority of wealthy are not born into it but how many of the poor are born into there situation.   I guess I just find it hard to believe that some people believe the poor do not work hard.   Teachers and social workers are not exactly paid huge sums of money but we could assume that they work hard, right?

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Do you really want to hear the Chinese b!tch and moan about rich people? 

come to my home go read some Hong Kong news.  During the most recent Legislative Council meeting one of the "maverick lawmakers" threw a banana to the city's Chief Executive as a protest for failing to help the low income group...

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How do you know our disparity is so much greater than other countries?

And again, I fail to see why it matters, other than the possibility of armed revolution.  But even that, in my opinion, is remote, because I think there's a lot more involved there than income disparity.

 Well I think it does matter.  There is a fine line between using Greed to help motivate people and it being destructive.  Factory worker who makes 25k - 35k working 40 hours a week does not work as hard as his job as a Engineer or an excutive?  An Excutive that makes $2mil a year works 1066 hours a week over the Engineers 40 hours?  Granted that you are getting paid more for what you know than what you do.  if that excutive made only 1 mil and not  2 mil you could hire 13 more Engineers or 28 factory workers based on 35k for the factory worker. 

How does this matter for the economy?  simple the guy with 2 mil a year will buy maybe buy 5 hdtvs.  At the same cost to a company the Engineers would buy 26 hdtvs and if they factory workers could afford it they would buy 56 hdtvs.  Which would do more for the economy?  Mass production requires mass consumption.   If your workers can not afford to buy the products they make or can not afford to buy your customers products then who will be able to afford it?

the Excutive can make 2 mil and invest some of that money (making him even more money) but what good does the investment do if what he invests in can not make money because there are not enough people to buy the goods and services? 

Fairly certain France, Russia, and Great Britain still exist.....

I think you have to quanitify what poor is.. I know some teachers making 50K a year... 50K is pretty good income. I am sure some people on here would like to make that much.
Yes some people believe that SOME of the poor do not work hard and some of the poor do not.

My question to you is this... Why do you feel the people who have worked their azz off and have made some money for themselves and to pass down to their kids, why do you feel they should have to part with it and give it to the people who have not worked as hard?

And I would opine that those revolutions were not just economically driven, but also around social and political issues as well.

Wait a minute... so if I work 40 hours a week at a certain job, and some other guy works 40 hours a week at some other job, whether he makes more or less than me, and regardless of background, education level, risk taken, geography, etc.......   we should all make the same?

Is this the thesis being presented here?

Yeah, I want no part of that.  Talk about destroying incentive

OR the company decides it is paying the executive too much and they want to spread the wealth to hire other employees. So they cut the executives salary and he quits to go work for another company that will pay him what he is worth. The company then puts out it's feelers and tries to hire a new executive. They cannot find anyone that will do that job for just 1 million exept for a few less QUALIFIED persons. So they hire the best candidate that they can,
2 years later the 1 mil executive has made some less than smart moves because his is not as experienced and the company incurres losses and has to shut down a lot of its operation. Eventially the company closes its doors after laying off 2K of its employees, 500 of them got to work for the company for 2 years before they went back on unemployment. then the V people came and repoed the flat screens...

It's also about how much value they bring to the company, how much revenue they generate either directly or indirectly. On the whole, wages tend to equal value. Sure, some are underpaid, some are overpaid but if the 25K factory worker could do what the 100K Engineer can do, he would.