Poverty Measures
The boilerplate assertion of Obama and progressives that income inequality has increased in America doesn't account for the migratory nature between quintiles nor does it account for the increased consumption by the lowest quintile over the same time span. Hence, the "us versus them" meme of Obama's campaign is wrong.
The absolute absurdity of Buffet's secretary assertion and the concomitant conflating of investment income tax rates with salaried worker tax rates either demonstrates an utter lack of economic knowledge or, worse, an underlying political goal of instigating crass class warfare. I'm thinking the latter precisely because Obama has nothing else to use as an effective campaign strategy. What exactly was the "hope and change" that he so eloquently put forth back in 2008? Has he fulfilled the "hope and change" rhetoric of 2008? Has the country ever been more polarized than it is today under his divisive strategy? How effective has "lead from behind" been in reigning in ascendant states like North Korea, Iran, Russia, China, Turkey? From WaPo: Quote:
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You want to see how poor people are, go sit in front of a WIC clinic, or up here "Denali Kid Care" and watch the "poor" people walking in and out, talking on their iphones and driving their SUVs.
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Oh bullshit.i worked with the poor in the US. There are some damn poor people down there. Would not want to trade places with any of them!
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Right.
We're all rich, so there is obviously no need for social safety nets or worker protections of any sort. In a nation where everyone is independently wealthy such things are obviously passe'. Got it. After all, I have everything I need, so there is no problem. Correct? Thanks for clearing that up. Dave |
Buffet's secertary makes $250,000.00 a year. According to the Prez, that makes her a millionaire.
Just saying... |
But she still pays income tax at a higher rate than he does.
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Regards, D-Ray |
How about this. You hold your breath until I deliver that report.
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