Comments by "whyamimrpink78" (@whyamimrpink78) on "Rich Republican Candidate Is The Real 47%" video.

The top 10% pay 70% of taxes. So you picked out one guy who is a politician for your response, nice. You know, when you give the federal government power to change the economic playing field and taxes in their favor this is what you get. We need lower taxes and a simplified tax code. How about go back to a tax on the states and remove the federal income tax, worked great for over a 100 years. Funny how before 1913 we never say a major depression, since than we have seen two.
1
Marvin Julien Ok, "dumb fuck". As I said before, we need a simplified tax code and lower taxes. Since 1913 we have seen two major recessions in 100 years. Before 1913 we haven't seen any.
1
Cap Iolani I did say we saw recessions in the 19th century. In the Panic of 1873 we were out of it in 5-6 years. That was the longest yet. We recovered with little to know federal government involvement. We have seen recessions and within 5 years we were out. In 1929 it was the first time that the federal government tried to "fix" the recession and it took over 10 years for us to recover. The longest times that it took for us to recover happen to be when we had the most federal government involvement. Better read up on your economic history, fella...
1
Cap Iolani FDR did what Hoover was doing, I won't deny that. And I didn't agree with what Hoover did as well. What people shouldn't deny was that we saw slow economic recovery in a time when the federal government was actively trying to "fix" the economy. What makes it worse is that FDR is consider to be a "great" president for prolonging the recession and doing what Hoover did as well.
1
michalum04 If it is so easily debunked than why don't you try to debunk it. All you are doing is saying "your stupid" and then closing your ears and ignoring what is being said.
1
michalum04 So to translate what you just said: "I really don't know what I am talking about. I will just say I do and call you wrong without justification. I refuse to look at the other side of the issue and believe that I am always right and you are always wrong. Once again, without justification". You know, it is alright to be wrong. But until you can show me how I am wrong basically you are saying nothing.
1
michalum04 One, you need to learn what money is. Money isn't some finite resource, it is arbitrary and not given value until it is invested. So money isn't the issue and needs to be left out for the most part. The only concern with money is the purchasing power of it. If you look at wealth, everyone has more wealth than in the past. The dollar can purchase better things now than in the past. I guarantee you I have a better car, phone, computer, TV, sound system, and clothes than some rich 1% had in the 80s. Most people do. In the 90s the only people owning cell phones were the rich and they were brick phones. Now almost everyone has a smart phone. Wealth is trickling down. Technology is better and life expectancy is better. People overall are better off. People think trickle down they think money. Once again money isn't the issue, wealth is. We have seen growth in wealth.
1
Seán O'Nilbud Technological progress and mass production comes from investment. It just doesn't appear out of nowhere. In the 1870s Thomas Eddison was given $40,000 for his inventions. He used the money to build a lab and develop some more.
1
michalum04 Who cares what the top have? The main reason for the large income inequality is because we do have a group of people who get money for doing nothing. That ruins the value of the dollar. You have to understand what money is. Money is arbitrary, it has no value until it is invested to create capital. I spend $20 to fill my car with gas than that money was worth gas to me. When we take money and just give it to people than that money is worthless. That is why we have a growing income gap. In the end you have to understand that wealth did trickle down. We are better off now than 20 years ago. You slave and king analogy is flawed in that a King was placed into position by birth, a slave is forced to work. We don't have slavery in this country. You biggest flaw is that you don't understand what wealth and income are. They are different. A homeowner has 30 times more wealth than a renter. Over 60% of a homeowner's wealth is in their home. Beyond owning a home people don't have much wealth. At the same time they are living better than we were 20 years ago. You are being spoiled right now. Nothing wrong with wanting things to be better but you have to realize where this wealth comes from, it is developed, it just doesn't exist. Venezuela practiced redistribution of the wealth and they are broke and can't even get toilet paper.
1