PeakTrader.com

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Moniker said...

It's easier to be successful if you have diversified assets, family money, a safety net, access to top notch schools, social connections, etc.

So perhaps not all of your achievement is attributable to the sweat from your brow and it doesn't irk me quite so much that the rich are taxed more than the average joe in absolute terms.

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PeakTrader said...

The way much of government entitlements are structured, they have been a lead weight or anchor that slows or stops many, if not most, of the poor from being successful.

So, of course, there's greater income inequality.

An entitlement society tends to make the poor complacent.

It's 90% half mental (to paraphrase Yogi Berra).

Middle class working households will suffer the most, not because the rich pay too little in taxes, but because government is too big.

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Hydra said...

"Middle class working households will suffer the most, not because the rich pay too little in taxes, but because government is too big."

Yes, but those ideas are not dependent. The rich may still pay too little.

Nice try, though.

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PeakTrader said...

Hydra, so, the problem isn't that government is too big, it's the rich pay too little in taxes.

According to Hydra, when the oil light in your car goes on, stop immediately and check if there's too much or too little windshield wiper fluid.

If there's too much windshield wiper fluid, then drain more transmission fluid.

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Bernie Ecch said...

You need a J-O-B to buy a house, And not one that pays as poor as Wal Mart which is about all that are left once good paying manufacturing jobs are exported.

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PeakTrader said...

People like Bernie believe assembling Barbie Dolls for Mattel, like the Chinese for $0.25 an hour, is a good job when it pays $20 an hour.

The $10 an hour job at Walmart would be a good job without government driving-up the cost of living.

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Bernie Ecch said...

And people like Peak Trader are so naive and/or dishonest on not knowing the corporate system lords own the US government lock, stock and barrel.

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PeakTrader said...

Bernie, are you blaming this economic train wreck on Corporate America!

I guess, blaming Bush is getting old.