The concern with Reaganomics is how it funnels the vast majority of the total wealth to the elites, while everybody else suffers.
The concern with Reaganomics is how it funnels the vast majority of the total wealth to the elites, while everybody else suffers.
Sardines
Well-Known Member
Not only that but it is advocating for exploitation.
We need a sensible immigration policy. I'm for nearly open boarders, but I understand that isn't for everyone. Whatever policy we have as far as numbers go, the more important thing is for it to work efficiently so that a person can apply and get approval or disapproval within days or weeks, not months or years.
Al-O-Meter
Well-Known Member
LOL. They "suffer" with the highest standard of living in the world.
The thing about Reaganomics is how it ferrets out the phony and insecure. If you want to see how an economic system effects an income group then look at how much better the lives of that income group get over time. If you are a bad person then compare this income group to that income group. Socialists are bad people. When the Khmer Rouge took power, the poor were reduced from living in shabby houses to working in fields with a gun to their head, and the wealthy were reduced to working in fields with a gun to their head. The Socialists did a great job with economic equality but that doesn't mean the poor were better off under Socialism.
Neoliberal economics do facilitate an unequal distribution of prosperity but the results are far superior to socialisms equal distribution of misery.
Bucknutz
Well-Known Member
Looks like Chile is right in the middle of the South American countries.
Lets see if Chileans want to get out of Chile to the USA like other countries:
And dont say its about population size, 6th largest populous country in SA, and they are not even on this list.
Doesn't sound like they are failing.
Also, there will always be negative bi-products of any economy. Free markets do reward the wealthy, because once you obtain wealth, it is much easier to add to it, then starting from nothing. But at least free markets give people a chance to obtain wealth.
That is why I am pro social programs to help people get opportunities if they want them. You can't force anyone to take risks or go after opportunities. Lots of people like comfort and security of a job with an established company or government.
fishonjazz
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PJF
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What are your thoughts on wages increasing at a slower rate than the cost of living? I don't think it's controversial to point out that comfortably supporting a familiy on one income is much more difficult today than it was in previous decades.
Do you attribute this to something other than the ever-increasing gap between the upper class and the middle/lower classes? (Not trying to be antagonistic - I'm genuinely curious of your thoughts).
fishonjazz
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Don't worry. We can just put our children to work to help support the household (I kid. I'm raising a family on a single income and doing fine. And I am probably on the lower end of middle class. Though I only have one kid and bought my home during the recession in 2008. Thank God for the recession lol)
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Sardines
Well-Known Member
CNN is calling out Kamala very hard if you look at their "front page" or whatever you want to call, it right now.
Bucknutz
Well-Known Member
Not only them, the left leaning WP just dropped this:
Sardines
Well-Known Member
Oh ****! I think the deep state has turned on Harris! Now there is even more reason to vote for her!!!
Bucknutz
Well-Known Member
The influx of people coming into our country is hurting American citizens wages. People like to bash big businesses, yet are happy with our open borders that are supplying cheap labor and hurting the wage market.
Example, let’s say I owned a pool cleaning Business. I’m hiring a new tech and I get a 100 applicants. I now know I can low ball my hourly wage for this low skilled position. If I had 4 applicants, I would have to raise or out bid another company to hire a person for my open position.
It’s not controversial; Families are struggling with 2 incomes and it is absolutely more difficult today to support a family on one income.
I honestly believe that companies look to make as much money as they can and that will move more money to wealthy. Then the wealthy will have more opportunities to invest that money to make even more.
I also believe our welfare system is broken and doesn’t provide the actual resources needed to help our citizens have opportunities. Example, schooling for the underprivileged. Being zoned for poor schools will never help the majority of these kids. School choice will fix this. Updated modern curriculum, trade schools, financial literacy, entrepreneurship and mentorship programs would help these kids get opportunities to help their families financial status.
But I also acknowledge that you can’t force people to take the opportunities that are given or shown. So there will always be poverty, there will always be lazy people, there will be people who choose comfort over risk, there will be people who value other things over career and income. So there will always be a wealth gap.
I believe there should be a system to help anyone who wants to get a head, chances too. We are just not there, yet.