Free Republic
Browse · Search
News/Activism
Topics · Post Article

The twisted thinking we are up against.

The cost of inequality: how wealth and income extremes hurt us all

1 posted on 01/20/2013 9:50:41 AM PST by TaxPayer2000
[ Post Reply | Private Reply | View Replies ]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-46 last
To: TaxPayer2000
We can no longer pretend that the creation of wealth for a few will inevitably benefit the many – too often the reverse is true,”

The benefits to the non-rich of the creation of wealth by the rich mainly occur under conditions of freedom and laissez faire capitalism, where beyond a certain point, excess concentration of capital is incompatible with the division of knowledge and the benefits of the division of labor.Under capitalism, the rich will realize that they will be better off owning a smaller piece of a large pie in a prosperous society, than owning a large piece of a smaller pie in a hellhole.

84 posted on 01/20/2013 1:43:14 PM PST by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
[ Post Reply | Private Reply | To 1 | View Replies ]

To: TaxPayer2000

“Poverty” can never be ended unless you kill all the poor people. People are not poor because of lack of money. Mt 26:11a “The poor you will always have with you,” (NIV)


85 posted on 01/20/2013 1:48:53 PM PST by Blue Collar Christian (Pray for revival. <BCC><)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: TaxPayer2000
This idiot reporter needs to learn fifth grade math. I'll make it easy:

There are roughly 10 billion people in the world. Let's say that roughly 24% live in poverty. That's 2.4 billion people. Since his $240 billion is said to eliminate this poverty four times over, this works out to 240B divided by four equals $60 billion. Divided into 2.4 billion people works out to $25 per year per person in poverty. Does the author really believe that 25 bucks will provide food and housing for a person for a whole year? Keep in mind that the next year they will have nothing since the earners will stop working once they won't be able to retain the fruits of their labors.

86 posted on 01/20/2013 2:01:22 PM PST by norwaypinesavage (Galileo: In science, the authority of a thousand is not worth the humble reasoning of one individual)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: TaxPayer2000

Wow, I didn’t realize that “teaching a Man to fish” would cost so much money.


90 posted on 01/21/2013 12:50:09 AM PST by Kickass Conservative (I only Fear a Government that doesn't Fear me.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: TaxPayer2000
Hey, Oxfam: 249b/4 = 60b. If there are seven billion people in the world, and one billion are poor (to make the arithmetic simple), I guess $60/person ought to do the trick! Let them eat out once a week! Check out the latest McD dollar menu!

Obama's recent tax increase bill to solve the Fiscal Cliff is expected to raise an additional $62b/year from "the rich", while giving away $68b in investment crony capitalist giveaways! Obama is just a crook from Chicago with an ideology informed by his Kenyan dad.

91 posted on 01/21/2013 1:09:42 AM PST by cynwoody
[ Post Reply | Private Reply | To 1 | View Replies ]

To: TaxPayer2000

How many are employed by these people? How many businesses are supported by these people? How many charitable groups
are supported by tese people?


92 posted on 01/21/2013 9:19:20 AM PST by upcountryhorseman (An old fashioned conservative)
[ Post Reply | Private Reply | To 1 | View Replies ]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-46 last

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson