The Left's Latest Mantra: Income Inequality

Townhall.com ^ | January 7, 2014 | David Limbaugh

[bray]

Marxist just make up phrases to trick the masses. When the Clintons, Obamas and Gore’s give up their money, then we’ll talk.

Pray America is Waking

[abclily]

I want an income equal to Obama’s.

[Usagi_yo]

Seems like the best way to combat this new Income Inequality narrative is to actually ask for specifics from the Income Inequality cheer leaders.

[freedomfiter2]

The first step to income equality should be the deportation of the illegals. While the left will use this issue the crony capitalists are waging class warfare on working class Americans and the GOP is complicit. Republicans could take this issue from the Dems and uphold conservatism at the same time.

[zencycler]

Among varous stats that get posted on social networking sites to feed this frenzy is the one that cites a study which shows that 95% of the income gains from 2009 to 2012 went to the top 1%.

But this is a stat that is a distortion on three levels:

1) It selective chooses a period to get that result, while ignoring that for the two years leading up to 2009 the "rich" lost more than they gained in the years that followed. In other words, for the five-year period the top 1% had a net loss of income.

2) When measuring income inequality it does not include government transfer payments (benefits) provided to the lower income levels.

3) The stat is looking at gross income, not just earned income. So since the super-rich are more heavily invested in volatile assets than the rest of us, then when there are major economic swings, up or down, then either way, the rich will naturally (and justifiably) have the lion's share of those gains or losses.

Note the link below which documents what I've said:

http://nationalreview.com/article/363701/truth-about-1-percent-alan-reynolds#!

[E. Pluribus Unum]

Income Inequality is caused by Productivity Inequality.

[SunkenCiv]

Thanks Kaslin.

Breakout: Lawmakers Enlist Powerful New Wage and Wealth Gap Warrior - The Pope
Yahoo! Finance | Matt Nesto
Posted on 1/7/2014 2:51:33 PM by justiceseeker93
http://www.freerepublic.com/focus/news/3109322/posts

[jmacusa]

Hey Judy, why don’t you work for minimum wage? Then you’ll be on par with the folks who work at WalMart. Or better yet empty your bank account and ‘’spread it around’’ you dumb bitch.

[Peet]

On "Meet the Press," PBS anchorwoman Judy Woodruff sounded the alarm, not as a dispassionate reporter but as a progressive advocate. While acknowledging Obama's problems with Obamacare, she breathlessly insisted, "At the same time, the argument for doing something about the economy, the argument for addressing inequality, is such a compelling argument."

Let me help you out here, Libtard Woodruff:

1) Recession: Your neighbor loses his job.
2) Depression: You lose your job.
3) Recovery: zer0bama loses his job.

Don't make me say that again.

[Smokin' Joe]

Do the job I do, work the hours I work, spend those days away from home, in the conditions I spend them in, and we can begin to discuss income inequality.

Anything less, bugger off!

[Smokin' Joe]

I want an income equal to Obama’s.

Meh. Chump change.

More like Warren Buffett's

[MrB]

Income Inequality is caused by Productivity Inequality

Yep, if you want more income, be more valuable. Otherwise, you're assuming that you deserve something of what someone else has just because you exist.

Income is a direct measure of the value you provide for the person paying you. This is what makes an income tax, especially a progressive income tax, so immoral - it punishes your productivity.

[wildbill]

I’m not rich but I would like to live like the rich. I think a logical conclusion to the income inequality movement is that poorer folks should be able to live like the rich.

Therefore, I’m looking for a wealthy liberal celebrity who has a huge mansion that I would like to move into and share.

Right now, I call dibbs on Barbra Streisand’s luxurious beach home in Malibu. I bet she has more bedrooms than she personally can use and the food/drink is probably first rate.

I know she’ll be happy to have the chance to show that her lib beliefs are not just window dressing.

[TheOldLady]

It’s the latest in a long string of mantras used for turning our formerly free nation into a communist state.

Income inequality is about the dumbest one yet.

However, since they have been infiltrating our schools for 60 years, most people hear it and go, “Uh, YEAH! Income inequality, man!” without realizing that it does NOT mean more for them, but rather more for the bloated unconstitutional government to use to destroy us all.

[Lazamataz]

[AllAmericanGirl44]

bkmk