The Obama Years- A GOP love story

[firstdown]

Originally Posted by NC_Skins

I didn't say they didn't do anything. I said I think there is this huge misconception that the ultra rich busted their asses off for their wealth. You think that Hostess CEO busted his ass to earn that 1.9 million dollar bonus he got from his company being liquidated? All the while stealing the employees pensions and not giving it back to them?


You are trying to twist what I say into it being that way in all cases. It's not. I've said as much but you choose to ignore what I'm saying. It's getting tiring having to keep explaining this to you.


It's the middle class and poor people that drive this economy, not the rich. It's the middle class and poor who buy most of the goods that cause these billionaires to get richer. (and stockholders) So yes, we do need to give back to those groups so they can in fact turn the economy around. Shows you don't grasp the fact that having few people own all the wealth isn't going to do shit for the economy. Salaries need to go up, even if that means telling some jackwagon billionaire that he can't have a second yacht.

This conversation started with people making $250000 up and you have now changed it to the ultra rich billionaire to make your points. Sorry but the poor don't drive the economy. If they did we would have poor nations.LOL

Actually the CEO for Hostess Probably worked very hard last year if he earned that bonus is hard to say. His pay is voted on by the stock holders and I'll agree I think most are over paid.

[NC_Skins]

Originally Posted by firstdown

This conversation started with people making $250000 up and you have now changed it to the ultra rich billionaire to make your points. Sorry but the poor don't drive the economy. If they did we would have poor nations.LOL

Actually the CEO for Hostess Probably worked very hard last year if he earned that bonus is hard to say. His pay is voted on by the stock holders and I'll agree I think most are over paid.

So are you saying the very few wealthy people consume more products and goods than middle class/poor people?

So what you are saying is that 1% of the US population consumes/purchases more goods and products than 99% of the people?



http://www.whitehouse.gov/sites/defa...rt_embargo.pdf

Consumer spending makes up roughly 70 percent of the American economy, as measured by Gross Domestic Product.

edit: I went on record saying that I though most people making that 250K were paying their taxes and not using a bunch of tax havens and loopholes to avoid taxes. I even mentioned moving that tax hike up to people who's income hit 1 million.

[firstdown]

Originally Posted by NC_Skins

So are you saying the very few wealthy people consume more products and goods than middle class/poor people?

So what you are saying is that 1% of the US population consumes/purchases more goods and products than 99% of the people?



http://www.whitehouse.gov/sites/defa...rt_embargo.pdf






edit: I went on record saying that I though most people making that 250K were paying their taxes and not using a bunch of tax havens and loopholes to avoid taxes. I even mentioned moving that tax hike up to people who's income hit 1 million.

You have actually said that before and I could agree that people making over a million a year could pay more. That's not what the President is asking and its your thread saying the right is wrong on this issue when you agree with them in part.

Why didn't you start a thread saying Obama was crazy and only should raise taxes on people making 1 mil or more?