It is less of a problem if social mobility is high. If the lower classes feels they can be winners if they work hard it can work as a motivation. What used to be called The American Dream. Later Obama redefined the concept.Speaker to Animals wrote: ↑Tue Nov 12, 2019 4:26 amIncome inequality is not necessarily bad if it means the bottom percentile is living a higher quality of life than they would if there were less income inequality.
Everybody is equal in Uganda.
Poll: What is the most overrated sport
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Re: Poll: What is the most overrated sport
An nescis, mi fili, quantilla prudentia mundus regatur? - Axel Oxenstierna
Nie lügen die Menschen so viel wie nach einer Jagd, während eines Krieges oder vor Wahlen. - Otto von Bismarck
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Re: Poll: What is the most overrated sport
Turns out the book of Matthew doesn't know shit about economics, who knew?Montegriffo wrote: ↑Tue Nov 12, 2019 4:36 am“Whoever has will be given more, and they will have an abundance. Whoever does not have, even what they have will be taken from them.” Matthew 13:12
*yip*
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Re: Poll: What is the most overrated sport
Social mobility is high, most people who are in the top income bracket don't stay there their entire lives, and the same goes for most people in the bottom income bracket. Free market capitalism is the economic system that allows for the most social mobility.Hastur wrote: ↑Tue Nov 12, 2019 5:05 amIt is less of a problem if social mobility is high. If the lower classes feels they can be winners if they work hard it can work as a motivation. What used to be called The American Dream. Later Obama redefined the concept.Speaker to Animals wrote: ↑Tue Nov 12, 2019 4:26 amIncome inequality is not necessarily bad if it means the bottom percentile is living a higher quality of life than they would if there were less income inequality.
Everybody is equal in Uganda.
*yip*
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Re: Poll: What is the most overrated sport
Many systems claim to be FMC. Not many live up to the name. The US is the closest. Or used to be. Now they are slowly Europeanizing as well.StCapps wrote: ↑Tue Nov 12, 2019 5:48 amSocial mobility is high, most people who are in the top income bracket don't stay there their entire lives, and the same goes for most people in the bottom income bracket. Free market capitalism is the economic system that allows for the most social mobility.Hastur wrote: ↑Tue Nov 12, 2019 5:05 amIt is less of a problem if social mobility is high. If the lower classes feels they can be winners if they work hard it can work as a motivation. What used to be called The American Dream. Later Obama redefined the concept.Speaker to Animals wrote: ↑Tue Nov 12, 2019 4:26 amIncome inequality is not necessarily bad if it means the bottom percentile is living a higher quality of life than they would if there were less income inequality.
Everybody is equal in Uganda.
An nescis, mi fili, quantilla prudentia mundus regatur? - Axel Oxenstierna
Nie lügen die Menschen so viel wie nach einer Jagd, während eines Krieges oder vor Wahlen. - Otto von Bismarck
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Re: Poll: What is the most overrated sport
The closer the better. Those acting like FMC is worse than other economic systems simply because they can point out that it isn't perfect, and suggest moving the US away from FMC with no viable alternative because of that, they are the problem, not FMC.Hastur wrote: ↑Tue Nov 12, 2019 6:29 amMany systems claim to be FMC. Not many live up to the name. The US is the closest. Or used to be. Now they are slowly Europeanizing as well.StCapps wrote: ↑Tue Nov 12, 2019 5:48 amSocial mobility is high, most people who are in the top income bracket don't stay there their entire lives, and the same goes for most people in the bottom income bracket. Free market capitalism is the economic system that allows for the most social mobility.
*yip*
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Re: Poll: What is the most overrated sport
An nescis, mi fili, quantilla prudentia mundus regatur? - Axel Oxenstierna
Nie lügen die Menschen so viel wie nach einer Jagd, während eines Krieges oder vor Wahlen. - Otto von Bismarck
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Re: Poll: What is the most overrated sport
"Everybody is persuaded that Socialism is a failure and yet in practice we are moving down the socialist road." ~ Milton Friedman
An nescis, mi fili, quantilla prudentia mundus regatur? - Axel Oxenstierna
Nie lügen die Menschen so viel wie nach einer Jagd, während eines Krieges oder vor Wahlen. - Otto von Bismarck
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Re: Poll: What is the most overrated sport
"One of the great mistakes is to judge policies and programs by their intentions rather than their results." - Milton Friedman
Protip to Brewster and Grumpy.
Protip to Brewster and Grumpy.
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Re: Poll: What is the most overrated sport
Who is easily led? who is looking for a role model? Who is looking for inspiration from a politician? Not me that is you dude. As for Bloomberg being some sort of savior, no, Bloomberg has been looking for an opportunistic time to run for almost two decades. He just didn't have the balls until Trump rode down that escalator.SuburbanFarmer wrote: ↑Sun Nov 10, 2019 10:26 pmEh? You really are single-issue it seems. Easily led.clubgop wrote: ↑Sun Nov 10, 2019 3:26 pmThat is why I said Beto! You just replaced one gun grabber with another. Dirty dick jumping from one gun grabber to another.SuburbanFarmer wrote: ↑Sun Nov 10, 2019 2:51 pm
Well there's no option for Bloomberg up there, but....
We’ve all seen the logic that Biden/Warren/Bernie are unelectable. Now the NY banksters have sent out a ‘savior’ at the buzzer, to tie things up. Seems to me, he’s probably got a few aces up his sleeve.
Tulsi is still my favorite, but if I had to pick somebody more likely, it’d be Bloomberg.
But got DAMN that girl can fight.
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Re: Poll: What is the most overrated sport
So you think people in Russia, Vietnam, China, and Venezuela is better off? Cappy called this argument way early.brewster wrote: ↑Mon Nov 11, 2019 11:02 pmYou're taking out your ass, your theories do not relate to the facts. We have more inequality than Russia or Vietnam, and the same as China & Venezuela.
Viewed comparatively, U.S. income inequality is even worse than you might expect. Perfect comparisons across the world's hundred-plus economies would be impossible -- standards of living, the price of staples, social services, and other variables all mean that relative poverty feels very different from one country to another. But, in absolute terms, the gulf between rich and poor is still telling. Income inequality can be measured and compared using something called the Gini coefficient, a century-old formula that measures national economies on a scale from 0.00 to 0.50, with 0.50 being the most unequal. The Gini coefficient is reliable enough that the CIA world factbook uses it. Here's a map of their data, with the most unequal countries in red and the most equal in green.
https://www.theatlantic.com/internation ... ty/245315/
Another GINI map, on neither does we look very good with our "pure" capitalism. Yay, we're better than Brazil!
English Faggot shouldn't be quoting matty he should be quoting Maggie.
It's only Tuesday and Punky is getting all the piss.