America’s Unequal Economic Recovery

From the Parkinglot

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You'll be sending them a 1099, right? :cool:
Why is that funny as that is the exact transaction the IRS is trying to find out about with their terrible spying law being looked at.

the government can never tax and fee ordinary life enough while letting complex companies get away with murder on the tax laws.

not sure if anyone is a member of a credit union, but they do not pay tax on their earnings like regular banks to. Which is an absolute joke and would solve so many issues if they were treated like regular banks.
 

Spoofin

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Why is that funny as that is the exact transaction the IRS is trying to find out about with their terrible spying law being looked at.

the government can never tax and fee ordinary life enough while letting complex companies get away with murder on the tax laws.

not sure if anyone is a member of a credit union, but they do not pay tax on their earnings like regular banks to. Which is an absolute joke and would solve so many issues if they were treated like regular banks.
Or reservation casinos not having to pay income tax. Not as much fun to point the fingers at native American’s tho.
 

kg21

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Why is that funny as that is the exact transaction the IRS is trying to find out about with their terrible spying law being looked at.

the government can never tax and fee ordinary life enough while letting complex companies get away with murder on the tax laws.

not sure if anyone is a member of a credit union, but they do not pay tax on their earnings like regular banks to. Which is an absolute joke and would solve so many issues if they were treated like regular banks.
Congress makes many laws of which they are exempt. I will guarantee you this would be one where they are exempt.
 


Spaulding!No!

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Lotta fraud out there re: Ppp checks. Every dumb lawn mowing idiot claimed 17 employees and simply bought a gigantic pickup.
 


Go4Broke

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Dan Price is a self promoter. Broke is all in.

Price IS a self promoting millionaire who has made it is his mission to publicize factual information about the growing wealth inequality and the plight of non-unionized working people in America who are finding it increasingly more difficult to house and feed their families. He should get a Pulitzer Prize for his efforts.
 
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Spoofin

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Price IS a self promoting millionaire who has made it is his mission to publicize factual information about the growing wealth inequality and the plight of non-unionized working people in America. He should get a Pulitizer Prize for his efforts.
You are naive. His “mission” helped him become a financial elite. He may very well care, but he isn’t a saint nor is he selfless.
 

GopherWeatherGuy

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Price IS a self promoting millionaire who has made it is his mission to publicize factual information about the growing wealth inequality and the plight of non-unionized working people in America who are finding it increasingly more difficult to house and feed their families. He should get a Pulitzer Prize for his efforts.

He also writes misleading, non factual things on a regular basis. Of course you would find this worthy of a Pulitzer Prize.
 

Wally

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Obama had 8 years to fix this, along with Dementia Guy.........they didn't touch it, nor did they care.

Why didn't they care? They worked for this 1% and had no interest in pissing them off.

As I have said many times, Obama was just a Republican lite. That's why.

Obamacare is a prime example, its a Republican healthcare plan and that's why it sucks.
 



Angry

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He also writes misleading, non factual things on a regular basis. Of course you would find this worthy of a Pulitzer Prize.
Nikole Hannah Jones won a Pulitzer for writing gobbledygook. So winning a Pulitzer just means you’re a hack.
 

MplsGopher

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Why would you define economic success by pitting one class versus another?
It wasn't. That's just your fake attempt at misframing the proper analysis that was given.


Inequity exists throughout mankind.
Fake binary argument, is fake binary argument.

No one is advocating for zero inequity/inequality. But there is a whole gradient of it. We aren't limited to "zero" or "let it do however it is going to do". That's fake.
 





Angry

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From late May — when Gov. DeSantis announced he was ending the $300 weekly unemployment bonus — through late August, Florida employers hired nearly 1.3 million new workers. Nearly 400,000 of these new hires were recorded in the first three weeks following the unemployment bonus’s elimination. As the bonus ended, employers’ hiring rates spiked, allowing them to fill needed open jobs. For the first time in months, the number of unfilled positions in Florida began to decline in August, as more Floridians left unemployment and returned to work.
Likewise, citizens launched tens of thousands of new businesses:

With Floridians off of unemployment rolls and back in the workforce, businesses can truly thrive, including new businesses. In fact, entrepreneurs created nearly 150,000 new businesses since the unemployment bonus ended — in no small part thanks to pro-entrepreneur initiatives passed in the most recent legislative session. More businesses are created in Florida than in any other state in America, with a new Florida start-up launched an average of every 46 seconds in 2021.
It’s unequal because some governors are great, others not so much.
 


Spoofin

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Likewise, citizens launched tens of thousands of new businesses:


It’s unequal because some governors are great, others not so much.
I am still amazed that some folks on here argue that the extra $300 wasn’t keeping people voluntarily from working. It doesn’t need to be political - it is just common sense. Pay someone equivalent money to work or not work and most will choose the latter.
 

Wally

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I am still amazed that some folks on here argue that the extra $300 wasn’t keeping people voluntarily from working. It doesn’t need to be political - it is just common sense. Pay someone equivalent money to work or not work and most will choose the latter.
Its gone now, how long before the worker shortage ends???
 


Go4Broke

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Its gone now, how long before the worker shortage ends???

The American hourly worker with little or no benefits is mad as hell and they aren't going to take it anymore. It's been a long time coming - at least since 1980 (to be more exact). Ronnie Reagan began the Republican holy war against labor unions and worker's rights and the GOP hasn't stopped since. And so here we are. Huge numbers of American workers won't be able to pay their rent and cover their other monthly expenses even if they decide to go back to the kinds of jobs that are available to them.


The Hill: It's not a labor shortage — it's a wage and workers rights shortage

Recent jobs reports show an uptick in the numbers of workers returning to work, but payroll tallies are still more than 5 million shy of pre-pandemic levels. Restaurants, retailers and hospitality firms say it is especially difficult to hire, and some blame generous unemployment checks. However, even those states that have rescinded supplemental unemployment benefits are finding that many people remain hesitant to take the sorts of jobs that are on offer.

The pandemic shook up what workers want and expect from a job. Workers’ wages remain too low to cover rising housing, education and health care costs. You’d need an average of $25 an hour to rent a modest two-bedroom apartment, according to the National Low Income Housing Coalition, and minimum wage workers can’t afford rent anywhere in the nation. An extra dollar or two more just isn’t cutting it for most people, especially when they’re putting their health on the line.

Nearly 2 million women dropped out of the labor force during the pandemic, and many did so in order to take care of their kids or sick parents. It’s no coincidence that the sectors having the most difficult time staffing up — food service and retail — are majority female occupations. Women are looking at their paltry options and voting with their feet by staying home.

This isn’t the first time Americans withheld their labor to turn big societal changes in their favor. W.E.B. When President Franklin D. Roosevelt’s first Depression-era revision to labor law gave employers the upper hand, general strikes in San Francisco, Minneapolis and the textile industry helped convince him to pass the National Labor Relations Act.

In the 1970s, employers started creating the kinds of bad jobs that are now the norm; they started hiring part-time, contract labor, lowering wages and benefits, and attacking workers unions with new vehemence. Meanwhile, U.S. policy didn’t keep up. It abandoned working people to the whims of corporations and the market. America’s working women and men are now looking at these bad jobs and the lack of governmental oversight and support, weighing the risks and personal costs, and deciding that they just aren’t doing it anymore.

https://thehill.com/opinion/finance...hortage-its-a-wage-and-worker-rights-shortage
 
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Spoofin

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Its gone now, how long before the worker shortage ends???
Dropped in August for the first time this year. I can also tell you that manufacturing companies are having a much easier time hiring now than just a month ago. Watch September and especially October numbers.
 



Spoofin

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"Oh and those billonaires all paid a lower tax rate than you did."
- Who is he talking to?
- All of the billonaires paid a lower tax rate? All of them?

Does this self-promoter spew nonsense everywhere, or just on Twitter?
 


John Galt

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Its not about that. It's about them never catching up, well unless they have a daddy who gives them a big handout.

Just keep the country going on this same track while screaming about Socialism. Socialism is coming if we stay on this track, mark my words.

My arguments actually are in defence of capitalism and our general system. If these problems keep building and aren't addressed it's actually a real threat to it all.

I don't think having 0.1% of the population as big winners who win more or more every year while most of the rest of the population is stationary and falling behind is sustainable. The relative wealth of someone in the US doesn't matter because people only compare themselves to their neighbors.
You believe a lie - that wealth is stagnant and the rich remain rich forever. The two richest people today- Musk and Bezos- weren’t on the radar 20 years ago.
 

stocker08

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You believe a lie - that wealth is stagnant and the rich remain rich forever. The two richest people today- Musk and Bezos- weren’t on the radar 20 years ago.

Yes....who cares that white people with centuries of advantage pass on their wealth to spoiled dipshits. Black people these days are a few generations away from slavery.....a generation or two from segregation.....and still deal with some racism.

"Why haven't they caught up?" says old white man party of the right.
 

Ogee Oglethorpe

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It’s in liberal hands so it’s all good am I right
I always get a chuckle that the Brokester is always too stupid to realize that many of his posts don't exactly fortify the point he's trying to make, but rather add validity to the argument against what he's trying to illustrate. He's just too stupid to think it all the way through before he hits that button.
 

Wally

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You believe a lie - that wealth is stagnant and the rich remain rich forever. The two richest people today- Musk and Bezos- weren’t on the radar 20 years ago.
It will become stagnant as it accumulates at the top. These tax policies I am railing against are only a trend for the last 40- 50 years but the trend has accelerated and gotten more extreme, ie the Trump tax cuts. The mega wealthy are using their money to fund more favorable policies to ensure their wealth goes on and on and on.

I have nothing against people getting fabulously wealthy thru their own merit, ie Bezos and Musk. I have a problem when they get there thru no merit.
 

Section2

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The American hourly worker with little or no benefits is mad as hell and they aren't going to take it anymore. It's been a long time coming - at least since 1980 (to be more exact). Ronnie Reagan began the Republican holy war against labor unions and worker's rights and the GOP hasn't stopped since. And so here we are. Huge numbers of American workers won't be able to pay their rent and cover their other monthly expenses even if they decide to go back to the kinds of jobs that are available to them.


The Hill: It's not a labor shortage — it's a wage and workers rights shortage

Recent jobs reports show an uptick in the numbers of workers returning to work, but payroll tallies are still more than 5 million shy of pre-pandemic levels. Restaurants, retailers and hospitality firms say it is especially difficult to hire, and some blame generous unemployment checks. However, even those states that have rescinded supplemental unemployment benefits are finding that many people remain hesitant to take the sorts of jobs that are on offer.

The pandemic shook up what workers want and expect from a job. Workers’ wages remain too low to cover rising housing, education and health care costs. You’d need an average of $25 an hour to rent a modest two-bedroom apartment, according to the National Low Income Housing Coalition, and minimum wage workers can’t afford rent anywhere in the nation. An extra dollar or two more just isn’t cutting it for most people, especially when they’re putting their health on the line.

Nearly 2 million women dropped out of the labor force during the pandemic, and many did so in order to take care of their kids or sick parents. It’s no coincidence that the sectors having the most difficult time staffing up — food service and retail — are majority female occupations. Women are looking at their paltry options and voting with their feet by staying home.

This isn’t the first time Americans withheld their labor to turn big societal changes in their favor. W.E.B. When President Franklin D. Roosevelt’s first Depression-era revision to labor law gave employers the upper hand, general strikes in San Francisco, Minneapolis and the textile industry helped convince him to pass the National Labor Relations Act.

In the 1970s, employers started creating the kinds of bad jobs that are now the norm; they started hiring part-time, contract labor, lowering wages and benefits, and attacking workers unions with new vehemence. Meanwhile, U.S. policy didn’t keep up. It abandoned working people to the whims of corporations and the market. America’s working women and men are now looking at these bad jobs and the lack of governmental oversight and support, weighing the risks and personal costs, and deciding that they just aren’t doing it anymore.

https://thehill.com/opinion/finance...hortage-its-a-wage-and-worker-rights-shortage
Here are workers rights: Anyone is free to offer you a job for a set wage, you are free to accept it or decline. Both parties are free to walk away at any time. Equal rights.
 

Wally

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Here are workers rights: Anyone is free to offer you a job for a set wage, you are free to accept it or decline. Both parties are free to walk away at any time. Equal rights.
Lets make it truly equal, all children are taken to an orphanage and raised with exactly the same opportunity. Real Equality!!!
 




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