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Michelle: We Have to Think Now About ‘How Wealth Is Distributed’


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Just now, Scout said:

 

Capitalism:  $26 trillion in government debt and another $14 trillion in consumer debt.

 

Gee, works great, eh?  

That depends...on whether you realize that our money is backed by nothing and that we print it as we see fit .....

The numbers mean nothing ....

Unless you are a politician ....

Life goes on for everyone else....

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She IDLED him?  You mean like one idles an F-150?  Put him in neutral and let his engine run? Mama singlewide should sent her young peckerwood to school.methinks.

Wealth is NOT distributed, It's earned.

PLUCK PLUCK PLUCK!   XO is RUNNING!

2 minutes ago, Butthead said:

Which is why we need to prove them wrong.    We have options that would help improve the economy that don't involve wealth confiscation and higher income taxes.  

 

The wealthy aren't going to SPEND! They had more than they ever needed BILLIONS of dollars back!  

All the wealthy have to do is wait for a Republican President to cut taxes again.

You apparently haven't noticed WHY the wealthy have gotten wealthy over the last 40 years???????

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6 minutes ago, Whitemajikman said:

That depends...on whether you realize that our money is backed by nothing and that we print it as we see fit .....

The numbers mean nothing ....

Unless you are a politician ....

Life goes on for everyone else....

Politicians live in an entirely different zone.

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22 minutes ago, Duck615 said:

Tell democrats to stop wasting tax payer money

Trump wants to tear down the J Edgar Hoover FBI building and rebuild it on the same location. 

I cannot imagine why the FBI needs a new building, but Trump fears that if the old building is left in place, it will be next to his hotel and compete with it.

Trump is corrupt as hell and  in violation of laws against emoluments.

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1 minute ago, Scout said:

 

The wealthy aren't going to SPEND! They had more than they ever needed BILLIONS of dollars back!  

All the wealthy have to do is wait for a Republican President to cut taxes again.

You apparently haven't noticed WHY the wealthy have gotten wealthy over the last 40 years???????

False equivalency.   The rich have gotten richer largely in part due to our economy transitioning towards the service industry and banking.    It had very little to do with taxes.   You cant base an economy on service labor that creates no value added aspect without dollars flowing upwards.    

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3 minutes ago, Whitemajikman said:

Why?

In your own words....

 

They were provided access to policies that allowed them to prosper more than those with less income.  

 

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3 minutes ago, AnotherJim said:

Politicians live in an entirely different zone.

Our Constitution needs an incentive codicil. If a politician cannot keep the promises they made ( "within reason"- extenuating circumstances considered ), they get a live rattle snake shoved up their ass on public TV. Like that.

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Just now, Scout said:

 

If Trump stays in office. 

What a crock of shit....

Do you deny that there is an organized assault on conservatism in this country?

Do you deny that censorship is now being used by the Left?

Do you deny that cancel culture is ostracizing those who speak out?

Do you deny that the Democrats have over the last 4 years moved completely to the extreme left?

And this is just scratching the surface....

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5 minutes ago, Butthead said:

False equivalency.   The rich have gotten richer largely in part due to our economy transitioning towards the service industry and banking.    It had very little to do with taxes.   You cant base an economy on service labor that creates no value added aspect without dollars flowing upwards.    

 

Individuals don't see their economic maneuvering as "the economy".  

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Just now, Butthead said:

False equivalency.   The rich have gotten richer largely in part due to our economy transitioning towards the service industry and banking.    It had very little to do with taxes.   You cant base an economy on service labor that creates no value added aspect without dollars flowing upwards.    

Not too mention the huge gains in tech over the last 30 years....

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2 minutes ago, Whitemajikman said:

What a crock of shit....

Do you deny that there is an organized assault on conservatism in this country?

Do you deny that censorship is now being used by the Left?

Do you deny that cancel culture is ostracizing those who speak out?

Do you deny that the Democrats have over the last 4 years moved completely to the extreme left?

And this is just scratching the surface....

Yes, I deny it all.  

 

BROU-HA-HA-HA-HA!!!!!!

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1 minute ago, Butthead said:

Give a 2 dollar tax break for every dollar spent on wages.   

Wouldn't that take away from investment in plant, etc.  

 

:D 

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Just now, Whitemajikman said:

What a crock of shit....

Do you deny that there is an organized assault on conservatism in this country?

Do you deny that censorship is now being used by the Left?

Do you deny that cancel culture is ostracizing those who speak out?

Do you deny that the Democrats have over the last 4 years moved completely to the extreme left?

And this is just scratching the surface....

I saw liberals croaking impeachment before Trump was sworn in; and they've made Trumps presidency an uphill battle from day one, whenever possible. People like Pelosi are textbook psychotic.

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12 minutes ago, XavierOnassis said:

Trump wants to tear down the J Edgar Hoover FBI building and rebuild it on the same location. 

I cannot imagine why the FBI needs a new building, but Trump fears that if the old building is left in place, it will be next to his hotel and compete with it.

Trump is corrupt as hell and  in violation of laws against emoluments.

LIAR

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1 minute ago, AnotherJim said:

I saw liberals croaking impeachment before Trump was sworn in; and they've made Trumps presidency an uphill battle from day one, whenever possible. People like Pelosi are textbook psychotic.

 

And I saw GOP racism cast upon Obama in perhaps our nation's largest embarrassment.  

Ooops, I forgot about them selecting the pussy grabber idiot - THAT is our largest embarassment.

 

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2 hours ago, TBHWT said:

mail?url=https%3A%2F%2Fgallery.mailchimp.com%2Fcaa6f67f1482e6214d83be62d%2Fimages%2F84db70f6-1139-46e7-8df5-aeba94735e70.jpg&t=1596991551&ymreqid=f19d0044-0ff3-64e3-1c47-9a002f011c00&sig=WdxhhM9c2toOIlPPHcZbJQ--~D
Wednesday on her new podcast, former First Lady Michelle Obama called the coronavirus pandemic an opportunity to think about “how wealth is distributed.”

 

“And that’s something that we need to, that’s a part of that reflection, that we need to do, you know. With ourselves, and, and as a community,” Michelle mused.

 

“And we have to think about that, in terms of how wealth is distributed. You know, how, how these essential people are supported. And what does that mean? A lot of these people are broke. They don’t have health insurance.” She added that “We have to think about the people who are not from this country, who are essential workers” too, and that we can’t make budget cuts or poor kids won’t get school lunches.

 

Later she stated condescendingly and self-righteously, “Always with great opposition, because you’re asking people to sacrifice, to give up, things that, that they think they deserve, that they’re entitled to for the sake of the greater good.”

 

She and her radical Marxist husband are worth an estimated $70 million. How much of that does she think they’re entitled to, and how much are they giving to illegal alien essential workers for the greater good?

I salute Michelle for pointing this out.

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8 minutes ago, Butthead said:

Give a 2 dollar tax break for every dollar spent on wages.   

 

THIS kind of SHIT policy got us in this mess in the first place - where Warren Buffett

pays a smaller percent of his income in taxes then his aide. 

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1 minute ago, AnotherJim said:

I saw liberals croaking impeachment before Trump was sworn in; and they've made Trumps presidency an uphill battle from day one, whenever possible. People like Pelosi are textbook psychotic.

We all heard Trump calling MS 13 animals; and anyone with a brain that doesn't rattle knew exactly what he was talking about. Then Pelosi staggers to the mike and says, Trump called Hispanics animals. A bald faced lie, and again, anyone with a brain that doesn't rattle, knew she was lying. She's long past rational thinking. She constantly proves it.

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4 minutes ago, Scout said:

Wouldn't that take away from investment in plant, etc.  

 

:D 

Clearly not.    That would encourage more spending to save tax more on taxation.  We did the same thing with fast depreciation on capital expenditures and it made the economy boom 20 years ago.    The mistake made was that they didn't address the deferral aspect of tax havens at the same time.   This would be a real time credit with no long-term positive for business owners.   

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