I’m not convinced that Trump is a God given miracle yet..., but I could be wrong of course. If I can be convinced, sure I’ll be his supporter.Originally Posted by FaultyMario
I’m not convinced that Trump is a God given miracle yet..., but I could be wrong of course. If I can be convinced, sure I’ll be his supporter.
Not if verdict is wrong.
I read somewhere that conservatism is in genes.
Can they wait over second term?
Yes, it is scientifically confirmed that political leaning is 'largely' due to genes. People at the right are genetically deplorable and can't help themselves but support Trump... and to refuse Obamacare even if they're sick and poor. Only way for them to give up on Trump is for Trump to switch to a democratic ticket. Likewise, they'll probably support Trumpcare if a conservative were the one that came up with a Great healthcare insurance.
https://www.scientificamerican.com/a...eft-and-right/
Got some numbers from the census bureau for upper limit of each income bracket, as a percentage of 2016 dollars, taking the middle class (64K current USD, per year on average.) as the 100%; the last column marks the lower limit:
Year Lowest Second Third Fourth Top five percent 2016 32.1% 60.9% 100.0% 162% 301% 2006 33.4% 63.0% 100.0% 162% 290% 1996 33.6% 63.1% 100.0% 155% 272% 1986 33.7% 64.4% 100.0% 151% 253% 1976 35.2% 65.6% 100.0% 144% 228%
Income distribution shows that the rich have gotten comparatively richer, while the poorhave gotten poorerremained earning around one third of what the middle class earns.
I'm going to guess that the two lowest fifths have a proportionately larger number of households in 2016 than they had in 1976.
Last edited by FaultyMario; August 17th, 2018 at 08:36 AM.
acket.
Nope, in general households have become more evenly distributed among income brackets.
Year Number of households Total "Under
$24,999"$25,000 to $49,999 $50,000 to $74,999 $75,000 to $149,999 "$150,000
and over"Median income (dollars) Mean income (dollars) 1967 60,813 99.9% 26.4% 29.9% 23.9% 17.3% 2.4% 44,895 50,213 1976 74,142 100% 25.0% 26.5% 22.2% 22.9% 3.4% 48,673 57,252 1986 89,479 100% 23.5% 24.8% 20.0% 25.5% 6.2% 52,068 64,328 1996 101,018 99.9% 22.8% 24.1% 18.2% 26.3% 8.5% 54,105 71,836 2006 116,011 99.9% 21.0% 23.6% 17.6% 26.5% 11.2% 57,379 79,246 2016 126,224 100.1% 20.8% 22.3% 17.0% 26.4% 13.6% 59,039 83,143
acket.
In short, the MAGA narrative is flawed.
American household income has a fairer distribution, and at the same time the first 4 quintiles earn about 40% more than they did 50 years ago; the rich have income that saw an increase of 90%.
acket.
MAGA is not just about the widening gap between rich and poor. I think that was more of Bernie Sander's narrative.
MAGA is more about rejection of globalism, just like Brexit and all other nationalist movements.
As for your finding, fair is relative term. If the rich's income skyrocketed while my income remained the same fair income..., do you think I'd still be very happy? Besides being envious of rich's income, there are now bunch of houses, cars and goodies catered for the rich of which I cannot afford with my 'fair' income, of course I'll be upset.
Plus, if we're only comparing income, I make more than Elon Musk. His salary is supposedly like a $1/year, but thanks to CA labor law, we force Tesla to pay Elon minimum wage of $37k/yr.
Either way, I have higher annual income than Elon Musk.
Of course that isn't typical, but if we just look at average CEO pay vs average employee salary over the years, I think the wealth gap can be apparent.
https://www.businessinsider.com/rati...ker-pay-2016-8
Average CEO pay ratio seems to have peaked around 2000 and then stabilized..., however, considering the effects of globalism, do you think these major companies are employing more higher paying employees now? Most likely quite a few were laid off so that they can get cheaper workers somewhere else.
Last edited by Crazed_Insanity; August 17th, 2018 at 09:55 AM.
Fair as in divide by five, obtain portions of roughly twenty percent of total. I think that's clear.
And if you seriously believe you have higher inconme than Elon Musk, you're playing yourself and i'll no longer discuss anything with you on this thread because that's just... insulting.
acket.
I don't just believe, I'm telling you factual information that I have higher annual income than Elon Musk. This is cold hard factual indisputable data.
However, this 'fact' doesn't mean I'm actually richer than Elon Musk.
Just as your table of data may be factual, but doesn't tell the whole picture.
Plenty of folks are pissed off at 'something', you can't just present them with 'data' and tell them everything seems fine. We don't need to MAGA. Just stick with status quo!
Last edited by Crazed_Insanity; August 17th, 2018 at 10:02 AM.
I know it's pedantic, but I feel like it's important to point out that you have a higher "annual salary" than he does. Not a higher annual income. Someone at his income level spends significantly less in taxes if it all comes from capital gains, not from salary/wages. It's why you should always take it with a grain of salt when someone who's already rich brags about taking no salary, or a $1 a year salary. They're saving themselves money, not sacrificing.
Last edited by Tom Servo; August 17th, 2018 at 10:26 AM.
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