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 Post subject: Rich Getting Richer: Facts
PostPosted: Thu Mar 31, 2011 8:00 pm 
Godzilla
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Joined: Wed Dec 10, 2003 9:49 am
Posts: 2614
Location: the 4th dimension
TEACHERS AND SOCIALISTS ARE TAKING YOUR MONEY. DO NOT BOW DOWN TO THE UNIONS OR MASS SOCIAL PROGRAMS DESIGNED TO IMPROVE YOUR HEALTH AND HAPPINESS. JUST GET TO KNOW ONE OF THESE 400 PEOPLE:

The wealth of the richest 400 people in the US grew by 8 percent in the last year to $1.37 trillion. (Source: Forbes 400: The super-rich get richer, September 22, 2010, Money.com.)

THIS IS A LIE. I EARNED $4.3 MIL LAST YEAR AS A SCHOOL TEACHER (SUMMERS OFF AND SHORT WORK DAYS FOR ME!) WHILE THESE HEDGE FUNDS BARELY MADE $40,000 AND RECEIVED POOR HEALTHCARE. SUCKERS. BUSINESS INSIDER IS FULL OF IT:

The top hedge fund manager of 2009, David Tepper, "earned" $4 billion last year. The rest of the top ten earned: $3.3 billion, $2.5 billion, $2.3 billion, $1.4 billion, $1.3 billion (tie for sixth and seventh place), $900 million (tie for eighth and ninth place) and in last place out of the top ten, $825 million. (Source: Business Insider, "Meet the top 10 earning hedge fund managers of 2009.")

THIS IS A LIE AND IF 1% OF US IS RICH, THEN WE ARE ALL RICH.:

Income disparity in the US is now as bad as it was right before the Great Depression at the end of the 1920s. From 1979 to 2006, the richest 1 percent more than doubled their share of the total US income, from 10 percent to 23 percent. The richest 1 percent have an average annual income of more than $1.3 million. For the last 25 years, over 90 percent of the total growth in income in the US went to the top 10 percent earners - leaving 9 percent of all income to be shared by the bottom 90 percent. (Source: Jared Bernstein and Heidi Shierholz, State of Working America.)

IF IT WEREN'T FOR CEOS I WOULDN'T HAVE A JOB. I SEND THE MAJORITY OF MY PAYCHECKS TO MY CEO IN THANKS. THANK YOU, CEO!:

In 1973, the average US CEO was paid $27 for every dollar paid to a typical worker; by 2007 that ratio had grown to $275 for every $1. (Source: Jared Bernstein and Heidi Shierholz, State of Working America.)

THIS MAKES SENSE. RICH PEOPLE GOT RICH BECAUSE THEY ARE WISE AND KNOW HOW TO SPEND THEIR MONEY. THE IRS IS A BOGUS SOCIAL PROPAGANDIST SCHEME THAT JUST WANTS TO HANDOUT BIG MONEY TO LAZY POOR PEOPLE:

Since 1992, the average tax rate on the richest 400 taxpayers in the US dropped from 26.8 percent to 16.62 percent. (Source: US Internal Revenue Service.)

THIS SHOWS A LIBERAL BIAS AGAINST INDUSTRIALIZED NATIONS. IF WE LOOK AT POORER COUNTRIES WITH LIMITED TECHNOLOGY WE FIND THAT THERE IS NO SUCH DISPARITY. STOP PICKING ON RICH COUNTRIES, WORLD FACTBOOK.

The US has the greatest inequality between rich and poor among all Western industrialized nations, and it has been getting worse for 40 years. The World Factbook, published by the CIA, includes an international ranking of the inequality among families inside of each country, called the Gini Index. The US ranking of 45 in 2007 is the same as Argentina, Cameroon and Cote d'Ivorie. The highest inequality can be found in countries like Namibia, South Africa, Haiti and Guatemala. The US ranking of 45 compares poorly to Japan (38), India (36), New Zealand, UK (34), Greece (33), Spain (32), Canada (32), France (32), South Korea (31), Netherlands (30), Ireland (30), Australia (30), Germany (27), Norway (25) and Sweden (23). (Source: CIA, The World Factbook.)

RICH PEOPLE LIVE LONGER BECAUSE THEY CAN AFFORD TO BECAUSE THEY HAVE JOBS BECAUSE THEY WORK HARD AND CAN LITERALLY PULL THEMSELVES UP BY THEIR BOOTSTRAPS BECAUSE THEY ARE TOOUGH AS NAILS LIKE COWBOYS. GET A JOB AND DIE ECONOMIC POLICY INSTITUTE.

Rich people live an average of about five years longer than poor people in the US. Naturally, gross inequality has consequences in terms of health, exposure to unhealthy working conditions, nutrition and lifestyle. In 1980, the most well-off in the US had a life expectancy of 2.8 years over the least well-off. As the inequality gap widens, so does the life expectancy gap. In 1990, the gap was a little less than four years. In 2000, the least well-off could expect to live to age of 74.7, while the most well-off had a life expectancy of 79.2 years. (Source: Elise Gould, "Growing disparities in life expectancy," Economic Policy Institute.)

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