(Closed) Wealth distribution in the US

posted 7 years ago in Money
Post # 47
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1115 posts
Bumble bee
  • Wedding: September 2009

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@peachacid:  I wouldn’t change the issue this post is about, no. It’s because of that wealth distrubution we have some of the best doctors and innovators in the world. They come here because it’s the only place left where they can be appropriately rewarded for being exceptional at what they do. If there’s no hope of being appropriately rewarded, there is no point in being exceptional and it drives ALL progress downward. Read Atlas Shrugged and UNDERSTAND it.

 

 

 

Post # 48
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Buzzing Beekeeper
  • Wedding: June 2013

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@PandasWifey:  So you think it’s acceptable that some people work 40 plus hours a week and still can’t “make it”?  Okay, that’s your opinion.  But ranting and raving about how wanting to change that is “whining” is ridiculous.  When you argue in a petulant manner, you destroy any credible argument you might have.  

 

Post # 49
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10642 posts
Sugar Beekeeper
  • Wedding: January 2011

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@Ettalie:  Are you talking about North America as a whole?  The distribution here is very different than the US.  A person only needs to make a little bit more than $200k to be in the 1%.  While that’s a high wage, if it’s a married couple with only one person working, they are taking home less than a household with 2 people making $100k, which is easily done.

I know that Alberta is different than other provinces, but it’s pretty easy for someone to find a job with living wage.  It might be a bit difficult to find a job with only 40hr/week, but I don’t think that’s a bad thing, it means they have some disposable income as well, as the first 40 hours is providing a living wage.  For someone with disabilities, it might be much more difficult.

Post # 50
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Bumble bee
  • Wedding: September 2009

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@peachacid:  I’m not being petulant. I’m being dead serious. I don’t know why anyone lives in the US if all they want to do is turn it into every other country. I made VALID points regarding progress and a reward system that drives us all forward, referencing both a popular novel and an inspiring speech by an educated man, while you put the up the “nanny nanny boo boo argument” I’m done with this thread.

Post # 51
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10642 posts
Sugar Beekeeper
  • Wedding: January 2011

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@PandasWifey:  You don’t think people are appropriately rewarded here?

Post # 52
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1115 posts
Bumble bee
  • Wedding: September 2009

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@AB Bride:  They are, but there is no way to change the distribution of wealth without taking that away to greater and greater extents.

Post # 53
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10642 posts
Sugar Beekeeper
  • Wedding: January 2011

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@PandasWifey:  They come here because it’s the only place left where they can be appropriately rewarded for being exceptional at what they do.

You’re contradicting yourself.  Do people have to be in the US to be rewarded or not?

Post # 55
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Bumble bee
  • Wedding: September 2009

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@AB Bride:  I’m not contracting myself. I JUST told you in my last post that CURRENTLY yes they are rewarded and that’s why they are here, but if you start changing the wealth distribution to be more “equal” you start taking away those rewards.

I really have to get work done now, so I’m sorry I don’t have more time to explain it any better.

Post # 56
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Sugar Beekeeper
  • Wedding: January 2011

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@PandasWifey:  People are either ONLY rewarded in the US, or else they are also rewarded in other countries, like here in Canada.

Post # 57
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816 posts
Busy bee
  • Wedding: September 2013

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@AB Bride:  I’m mainly talking about the US.  Canada is fortunate that we have a relatively good balance where people have relatively good services (for all its worth) with the opportunity to grow.  In Alberta its a bit harder since a 40 hr work can net you around 25-35k, lucky if you hit 45k; but our cost of living is much higher than in the east coast.  I have seen people struggle under these circumstances.  I also don’t have a problem if they have to work a bit more to get disposable income although this will affect families with children (who will then raise kids, especially if both parents are trying to earn a bit more?).  The problem, and I saw this first-hand, is that opportunity is not always there; especially if anyone works in retail.  Others, if you are salaried, don’t get OT so again you have no income.  The hope is of course with OT that you get acknowledged and your efforts recognized during bonus/evaluation period which is not a bad thing IF companies do so honestly.  Unfrotuantely that is not the case.  Of course people have, as well, the opportunity to find another job that will recognize them but from what I’m gathering in the US this has not been the case for a while.

Post # 58
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446 posts
Helper bee
  • Wedding: March 2014

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@Rachel631:  

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@FauxPas2012:  

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@soontobemrsm11:  

$100k salary is not always a lot… it depends on where you are living and the cost of living in that area.  My SO and I make over this amount combined a year and are struggling.  We can only afford a one bedroom apartment less than 500 square feet.  The average price of a small condo here is $1 million.  We will never own a home living where we are now.  So I consider us to be “poor” in relation to what we are able to afford.  However, we have 2 decently new cars that we pay for and are able to afford to have a dog and buy a nice engagement ring… so I guess in that sense we would be considered “rich” especially by a lot of my family that lives in a much more affordable area but make a lot less.

 

We live here because this is where our jobs are… but I definitely want to leave in order to live more comfortably.  Probably in the next couple of years…

 

I’m just trying to say that we all have a different perspective on whether this is enough to be financially secure or not.

Post # 59
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816 posts
Busy bee
  • Wedding: September 2013

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@PandasWifey:  Well I would recommend you go live in South America, I can assure you there is no distribution of wealth there =)  Fact is, if someone is American they have every single right to try to shape their country how they best see fit.  THAT is what your founding fathers fought for, so people have free speech and a government that best suits them.  When Republicans win elections, the people have spoken as to what kind of government they would like.  Until that happens, democracy states that people find the Republican method incosistant to the fair and free nation they have built and lived on.  It is very unamerican to ask your american brothers/sisters to leave the country they love were born and raised, instead of them fighting for them to better their society (if they so deem it).  By that same token, it would be unamerican for anyone to ask you to leave your beloved country for your beliefs.  I will not agree with what you say, but I will defend your right to say it.  I will just question you until I get answers I can agree upon, if I am to fall to your side.

 

Post # 60
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9916 posts
Buzzing Beekeeper
  • Wedding: June 2013

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@PandasWifey:  A living wage would help everyone.  First, there would be more jobs available — if a person doesn’t have to work two or three jobs then other people can have those jobs.  It would take some adjusting for those who are in charge of companies, but it makes sense that we’d want everyone to be able to make a decent living.  If all jobs allowed people to live, then fewer people would need to be on welfare, etc etc.  I know there is a way to make it work.

 

The problem with taxes now is that the government can’t use the money it gets in efficient ways.  Raising more taxes isn’t going to solve any problems.

Post # 61
Member
259 posts
Helper bee
  • Wedding: June 2013

@jenilynevette: 35% and you claim to make less than most Americans??? Are you living in the US? Something isn’t adding up.

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@christinaval:  I was just thinking the same thing…..

 

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@PandasWifey:  You are contradicting so many American ideals with your comments and clearly you are missing the point of a democracy. If you don’t like something, you have the right to change it in this country (hence why people migrated here from Europe to begin with). Your philosophy is coming across as very dogmatic and almost dictatorial. “If you don’t like, then leave” in no way sounds like an American mindset or ideal.

 

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