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Why the Rich Are Getting Richer--American Politics and the Second Gilded Age
CFR ^ | January/February 2011 | By Robert C. Lieberman

Posted on 12/31/2010 9:52:27 PM PST by DeaconBenjamin

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1 posted on 12/31/2010 9:52:30 PM PST by DeaconBenjamin
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To: DeaconBenjamin
Even in the age of Obama, racial inequality remains an acute and intractable problem,

Horse manure.

2 posted on 12/31/2010 9:58:25 PM PST by 17th Miss Regt
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To: DeaconBenjamin

It is a sad fault that America often gets the best government that money can buy. So big institutions like banks sock you in the teeth coming and going and it’s all legal even if it’s as immoral as heck.

Nonetheless, the wrong question is being asked here. We should be asking what percentage of Americans are living in tolerable or better conditions, and compare THAT to other countries. Most jobs are created by the rich, not the poor, and I see no point other than envy in punishing the rich simply for the sake of being rich.


3 posted on 12/31/2010 10:02:55 PM PST by HiTech RedNeck (I am in America but not of America (per bible: am in the world but not of it))
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To: DeaconBenjamin

Long on diagnosis short on solutions as they skip the notion that Unions are like any other Organization with the top echelon living lavishly as any other CEO of upper level mgmt.


4 posted on 12/31/2010 10:03:11 PM PST by padre35 (You shall not ignore the laws of God, the Market, the Jungle, and Reciprocity Rm10.10)
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To: 17th Miss Regt

Racial pity parties are such a problem. These could literally be turned on their head overnight if traditionally segregated racial elements would be willing to know pride of the country where they are rather than some fantasy alter-existence.


5 posted on 12/31/2010 10:04:55 PM PST by HiTech RedNeck (I am in America but not of America (per bible: am in the world but not of it))
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To: DeaconBenjamin

So somewhere in the back of your mind don’t you wish for everything to go completely to shit so when the people with money falling out their ass land on your doorstep, but have no clue how to grow food or build a house, etc., you can “turn” them into compost?


6 posted on 12/31/2010 10:10:11 PM PST by bigheadfred (STAND IN THE CLOSET AND SCREAM WITH ME)
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To: DeaconBenjamin

No mention of Free Trade or immigration. A worthless article.


7 posted on 12/31/2010 10:15:24 PM PST by rmlew (You want change? Vote for the most conservative electable in your state or district.)
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To: HiTech RedNeck
We should be asking what percentage of Americans are living in tolerable or better conditions, and compare THAT to other countries.

We are Americans, we shouldn't be comparing ourselves to any other Country. We should be holding our "leaders" accountable for reducing our security, destroying our economy and robbing us of our freedoms. I don't care if we are better off than every other country, we are not where we should be because of the deep corruption of those we should be able to trust.

8 posted on 12/31/2010 10:19:56 PM PST by Prokopton
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To: Prokopton

I would have hoped you would notice the obvious, that this is not an overall philosophy of government. That this is simply a saner way of looking at the ethics of being rich and poor. I guess you did not notice the obvious.


9 posted on 12/31/2010 10:27:52 PM PST by HiTech RedNeck (I am in America but not of America (per bible: am in the world but not of it))
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To: 17th Miss Regt
The only inequality is the federal government acting like they own America.That's not a race problem at all but it is a power struggle from the tyrants the founders warned the people about.The people and the states need to put the feds in their little box and say NO MORE!
10 posted on 12/31/2010 10:29:32 PM PST by taxtruth (Don't end the fed,jail the fed!)
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To: HiTech RedNeck
I guess you did not notice the obvious.

Sorry, it seemed "obvious" to me that you suggested we compare ourselves to other countries. I guess I thought it was obvious because this is what you posted. Excuse me for using the plain meaning of the words you used.

11 posted on 12/31/2010 10:38:10 PM PST by Prokopton
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To: DeaconBenjamin

The real question is,why are rich people LEAVING America in record numbers?


12 posted on 12/31/2010 10:43:43 PM PST by taxtruth (Don't end the fed,jail the fed!)
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To: DeaconBenjamin

Aw, give it up. Both political parties are dens of thieves, and globalization is about to end. Globalist tyrants won’t be honestly able—even by propagandizing confusion—to put all of their hated enemies (their more faithful fellow Americans) into the camp of the left.


13 posted on 12/31/2010 10:43:43 PM PST by familyop (cbt. engr. (cbt), NG, '89-' 96, Duncan Hunter or no-vote.)
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To: 17th Miss Regt

I agree. I subscribe to foreign affairs magazine just to see what the wicked are up to. And that is usually supporting policies intended to weaken America.


14 posted on 12/31/2010 10:45:21 PM PST by kingpins10
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To: DeaconBenjamin
Anything, absolutely anything, coming out of the bowels of the CFR is going to be over-intellectualized, pseudo-intellectualized, effete, aloof, garbage.

The simple fact is centralized power hungry government will corrupt anything and everything, just like the Soviet Union, just like Red China. There are profound human psychological reasons for this which the boys here miss totally, in particular as financial, decision making, and regulatory powers become more distant from the individual creative citizen, the individual creative citizen becomes isolated, demoralized, disempowered, feckless, and eliminated.

Did the United States of America truly land men on the Moon without a Dept of Education, without a Dept of Energy, without a Dept of Homeland Security, without "global" integration, without an illegal alien workforce? Well boys did it?

Boys, you dismantle the federal government, its taxing, its regulations, its judicial tyranny, its budget, by forty to fifty percent, get our internal energy act together, and you'll see the return of the "middle class" in the USA like nothing since the fifties.

Really, really, really, misguided people, talking to hear themselves talk.

Johnny Suntrade

15 posted on 12/31/2010 10:45:29 PM PST by jnsun (The Left: the need to manipulate others because of nothing productive to offer.)
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Jacob Hacker and Paul Pierson, political scientists at Yale and Berkeley.


16 posted on 12/31/2010 10:49:52 PM PST by anglian
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To: DeaconBenjamin

Any mention of tarp? If not you can completely disregard the entire article.


17 posted on 12/31/2010 10:55:11 PM PST by Weird Tolkienish Figure
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To: DeaconBenjamin

I agree that this article was a disappointment and provided mediocre analysis with no solution. One obvious question: why use pre-tax figures to argue that inequality has grown, while casting blame on a reduction in the tax rate for upper income earners? If anything, more post-tax dollars would lower the need to increase pay. Moreover, as anyone who lives in CA or another “progressive” state knows, federal taxes may have declined on a percentage basis, but state and local fees and taxes have increased substantially. In short, this article is more liberal mush. The real government issue: regulations, bloat, corruption, taxes and lawsuits that chase manufacturing and other high value businesses out of the country. No business. No investment. No jobs. No income. Simple.


18 posted on 12/31/2010 11:03:55 PM PST by Fechtmeyer
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To: taxtruth
The real question is,why are rich people LEAVING America in record numbers?

Good question! If you see people leaving a 'paradise' in droves, it isn't one.

I don't know enough about Foreign Affairs to say it's a habit of theirs, but this article does miss an obvious reason. Increasing wealth inequality comes from taxes. High-income people are taxed at higher rates, so greater income inequality (especially with the Alternative Minimum Tax!) means a greater tax take.

Income taxes impact in another way: them who supply the gold wind up making the rules. Had I been a jeremiad writer, I'd put the point this way: "Income Tax The Mother Of Plutocracy."

19 posted on 12/31/2010 11:14:09 PM PST by danielmryan
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To: DeaconBenjamin

Do you want a union job that pays 422,000 dollars a year? Check it out.

http://www.keytlaw.com/blog/2010/12/carnegie-halls-top-paid-employees/


20 posted on 12/31/2010 11:17:07 PM PST by Sundog (It takes a darn good reason for me to break down and post something these days.)
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