Wealth Inequality in America

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Whispered

Well-Known Member
#21
Because I'm obviously very liberal and see no use in debating (on a VMK forum, no less) with someone whom I will not be able to change (and vice versa)...



gg thread over
I don't recall calling you liberal in a bad way.. if I did I apologize.

Furthermore, if your only purpose in a debate is to change someone else's mind to your point of view... I dint know what to say to that. If you're unwilling to accept that people have different opinions and keep an open mind to what they have to say instead of our being "how can I change them" then I don't know what you expected to get out of posting in this thread.

That's the reason we can't discuss controversy on these forums - people whose only purpose is to change other people's minds instead of having an actual two-sided debate where both sides see the other and try to understand the other's point of view, instead of trying to change it.
 

InaDaze

The Confused One.
#22
That's the reason we can't discuss controversy on these forums - people whose only purpose is to change other people's minds instead of having an actual two-sided debate where both sides see the other and try to understand the other's point of view, instead of trying to change it.
This.... Would also like to add that it's rare to find anyone to do this in any respectable manner if it ever happens as well. I know I'm probably guilty of this a little as well as many others. But hey that's the internet for you....

Back to the topic of the thread: I just don't like these general topics at all, but I do agree that I don't really enjoy the huge gap between the poor and the rich. There are way too many factors that play out in this to have any good solid debates/complaints about because the overall issue is made from numerous smaller issues that play in on this bigger issue. I've read through this and everyone has made some great points from both sides. It's hard to ever change anyone when they grew up with those political ideals...
 

Whispered

Well-Known Member
#24
I say higher taxes for the top 1%. Much higher.
That only provides a negative incentive to work hard to try to make a great life for yourself. If you worked hard to be in the top 1% and had to pay 50% (ex.) taxes, why would you have any incentive to work for a high paying job (such as some surgeons, other specialists, and many other hard, lots of school jobs).

If you provide a, basically, punishment for getting a higher paying job, then people won't want the jobs. Let the welfare stick to who it should be with: individuals and charity. The government has no business providing entitlements to people - as we've seen in the past 50+ years they, quite frankly, suck at it.
 
#25
I say higher taxes for the top 1%. Much higher.
Right now the top 1% pay about 75% of the taxes in this country. Most of the people here are not old enough to remember the 90's but there was a tax plan that was passed by Congress to get "Even" with the rich. The US placed high taxes yachts, furs, jewlery and other luxuray items. Did this hurt the rich? Nope, not one bit because they went to the Bahamas or Bermuda and bought their boats there and had them docked there. Who got hurt? The people in th US that made and serviced the yachts, made and sold high end jewlery and furs, etc.

Just be careful what you wish for, you may get it. Any time you hear a politician tell you how he is going to get even with the rich, hide your wallet. More times than not, you will be the one paying the price.

Now back to VMK, Are those transporting doors out yet???
 

Shrimp

Well-Known Member
#26
Right now the top 1% pay about 75% of the taxes in this country. Most of the people here are not old enough to remember the 90's but there was a tax plan that was passed by Congress to get "Even" with the rich. The US placed high taxes yachts, furs, jewlery and other luxuray items. Did this hurt the rich? Nope, not one bit because they went to the Bahamas or Bermuda and bought their boats there and had them docked there. Who got hurt? The people in th US that made and serviced the yachts, made and sold high end jewlery and furs, etc.
Lol this is very true... but the FATCA has jumped on it... US citizens who also work abroad or own assets in another country MUST report them all when filing US taxes... which I think is beyond ridiculous. You not only have to pay taxes for your assets in the foreign country you've invested in, but double as US taxes its citizens based on their worldwide income. This is mostly in effect as the 1% are the biggest foreign investors, but this has also affected entrepreneurs and American expatriates who still hold US citizenship. The amount of US citizens renouncing their citizenships has rose above 200% from previous years, so now they're also making it tough to renounce your citizenship by charging you high exit tax. It just never ends lol. People don't understand how costly it is to be an American citizen :P
 

Meadow

I read and stuff.
#27
i just had a revolutionary idea
lets rise up the peoples army and seize control of the state
smash the bourgeoisie
I don't recall calling you liberal in a bad way.. if I did I apologize.

Furthermore, if your only purpose in a debate is to change someone else's mind to your point of view... I dint know what to say to that. If you're unwilling to accept that people have different opinions and keep an open mind to what they have to say instead of our being "how can I change them" then I don't know what you expected to get out of posting in this thread.

That's the reason we can't discuss controversy on these forums - people whose only purpose is to change other people's minds instead of having an actual two-sided debate where both sides see the other and try to understand the other's point of view, instead of trying to change it.
Just to clarify, your initial post was by no means offensive. My intention was not to change minds; I wanted to have a discussion. Well, until you were the one who responded.

My problem is with your PM and even the response that I'm quoting. You are simply too condescending for me to hold a conversation with. You may not realize it-- actually, I'm positive that you don't-- but you come off as if your actions and words are so much more correct than that of the majority of the population on these forums.

"This is why we can't discuss controversy on these forums."

"If you're unwilling to accept that other people have different opinions…."

"You seem young…"

I have never seen someone so unaware of their own language. THIS is why I can't bring myself to respond. I've never been faced with someone, even on the internet, who has talked down to others in the most passive aggressive way. It ruins every aspect of what would have been a fun conversation.

I won't be responding to this thread anymore, as I don't want to actually start a fight. But seriously, dude, you talk to others like they have an IQ hovering somewhere around thirty.
 
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#29
in a perfect society benevolent communism would work but we're not so i'm going to have to say i agree that wealth should be distrubited more equally. i swear half the people look at it as "oh you're attacking the rich for being so rich." you guys do know that a gap that huge between the poor and the rich is not beneficial to either side? And why would is it so bad to redistrubute some of the wealth the 1% has? they cant spend it in their lifetime and if you're truly into capitalism, handing the money down to some of the spoiled kids ( not all just the "escalator no ladder money" kids) who didn't do anything but luck out enough to be born into a family that had it like that, ain't fair either.
Yeah im poor, yeah im biased. but im working hard to become a doctor and if every last cent went to the poor while i had only enough to keep a roof over my head and my groceries stocked, i'd be happy because in the end thats really all i need.

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"poor people dont have incentive to work" looooool that's the biggest lie i've ever heard of coming from a lower class family.
 
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allison

Well-Known Member
#30
First of all, I think one or two of you are confusing socialism with communism. Socialism is about people getting paid what they work for and having the equality so everyone has an opportunity at that. It's not the laziest person getting paid the same as the hardest worker. This whole "redistributing wealth and taking it from the rich" is NOT socialism. Socialism helps pay for our highways, Police, firefighters, etc. Socialism is not a bad thing. Communism has proved itself to be in other countries, but that doesn't necessarily mean that the theory itself is bad.

However, because Klamath summed up everything I wanted to say regarding the American Dream quite nicely, I want to question those of you who feel that the rich people "deserve" the wealth and have "earned" it. Instead of focusing on the poor, why not focus on the rich?

Fox News just loves to call those on welfare "moochers," "takers," and even "parasites." Poor people are apparently abusing taxpayers. What? Because they live off of food stamps? It's clear to me that capitalists have assumed that money = hard work. No money = no hard work. What about the single mom working two jobs and raising a kid at the same time? Is she not working hard enough to break through the barrier? Capitalism has made it nearly impossible for the low class to "break through" to the middle class.

No one is suggesting that the rich simply give their money to the poor. But it is not unreasonable to ask them to STOP taking advantages of tax loopholes. Why are the rich--those who can afford to pay more taxes-- paying less than those who can barely afford to feed themselves? Many large corporations are actually paid money by the government instead of paying taxes. More than FOUR BILLION dollars in tax subsides that are given to (already profitable) oil companies alone. Are you seriously telling me that these CEOs making billions of dollars work that much harder than those who are poor?

I am from a very well off family. My parents don't do an insane amount of work and have a lot of free time. Instead of spending thousands of dollars on purses, shoes, and vacations, we could easily pay a higher percentage in taxes.

EDIT: I would also like to add that these hard-working, morally sound millionaires pay for lobbyists to continue to nudge (mostly Republican) members of Congress to continue passing laws and creating more tax policy that is only beneficial to them. You know that saying, "Get the money out of politics"?

Socialism isn't good. It will never work. Sorry. Countries who have implemented socialism are doing very poorly. Also, it is a proven statistic that most people who receive welfare money are not using it for its purpose. I, nor Fox News, has any problem with helping people out who are actually wanting to get a job. The problem with welfare is it becomes a lifestyle. Ones primary income should NOT become welfare. When people receiving welfare are buying, lobster, cigarettes, iPhones, and any other luxury good that isn't needed for survival, then it becomes a problem. These people are the mooches. And yes. It's perfectly ok to call people who take advantage of the welfare system mooches. I'm not saying that everyone who gets food stamps is trying to take advantage of the system. Food stamps should only be given when absolutely necessary, to help people get back on their feet, NOT to be paying peoples iphone and cable bills.


Sent from my iPhone using Tapatalk
 

Whispered

Well-Known Member
#31
Just to clarify, your initial post was by no means offensive. My intention was not to change minds; I wanted to have a discussion. Well, until you were the one who responded.

My problem is with your PM and even the response that I'm quoting. You are simply too condescending for me to hold a conversation with. You may not realize it-- actually, I'm positive that you don't-- but you come off as if your actions and words are so much more correct than that of the majority of the population on these forums.

"This is why we can't discuss controversy on these forums."

"If you're unwilling to accept that other people have different opinions…."

"You seem young…"

I have never seen someone so unaware of their own language. THIS is why I can't bring myself to respond. I've never been faced with someone, even on the internet, who has talked down to others in the most passive aggressive way. It ruins every aspect of what would have been a fun conversation.

I won't be responding to this thread anymore, as I don't want to actually start a fight. But seriously, dude, you talk to others like they have an IQ hovering somewhere around thirty.
The fact that you turned an innocent PM into a way to begin trying to discredit me and look down on me? I'd love it if you'd find even two other neutral parties here (i.e. not your friends) that support your point of view on my posts' tone and attitude.

----

and see no use in debating (on a VMK forum, no less) with someone whom I will not be able to change
You also said that. I just rearranged the words a bit - you see no use debating with someone whom you will not be able to change. Rearrange that, keeping all subject-verb matchings together, and you appear to not want to debate with someone unless you will be able to change their mind.

You also say (see above) "until you were the one that responded." That implies (along with my other quote from you) that you're perfectly willing to have a discussion with those of the same viewpoint - but when someone disagrees, if you can't change their mind you see no point listening to them.

That's the problem with both these forums and liberals (and some conservatives, but in all honesty most liberals are this way and a minority of conservatives) - people won't just discuss - they have to WIN or they won't even discuss.

I have no dying need to change your mind. I could care less if you think my ideas are stupid, flawed, etc. as long as you respect them and are willing to accept that I have the ideas while trying to understand my logic. You, and others here, etc, are only willing to "discuss" with me if I not only accept you have the ideas, but convert to your ideology.

That's like saying "I'll only talk to a Muslim if I can convert them to Christianity". It's absurd.
 
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allison

Well-Known Member
#32
in a perfect society benevolent communism would work but we're not so i'm going to have to say i agree that wealth should be distrubited more equally. i swear half the people look at it as "oh you're attacking the rich for being so rich." you guys do know that a gap that huge between the poor and the rich is not beneficial to either side? And why would is it so bad to redistrubute some of the wealth the 1% has? they cant spend it in their lifetime and if you're truly into capitalism, handing the money down to some of the spoiled kids ( not all just the "escalator no ladder money" kids) who didn't do anything but luck out enough to be born into a family that had it like that, ain't fair easy.

Yeah im poor, yeah im biased. but im working hard to become a doctor and if every last cent went to the poor while i had only enough to keep a roof over my head and my groceries stocked, i'd be happy because in the end thats really all i need.

----------

"poor people dont have incentive to work" looooool that's the biggest lie i've ever heard of coming from a lower class family.

It's about freedom. It's about the government not telling you what todo with YOUR money. Honestly, let people do what they want with their money.


Sent from my iPhone using Tapatalk
 
#33
Brace yourselves, humans. About to Devil's advocate the heck out of everything.

so you're basically saying that money should be taken from the rich and given to the poor, when 9/10 times the rich are rich because they tried and/or earned it SOMEHOW and the poor are poor because they didn't earn it.
90% of the time, really? Inheritance is absolutely a thing, and poor people tend to live in poor areas with ******** education systems which limit opportunities for advancement. Poor people aren't lazy; they're poor because the system is inherently (albeit unintentionally) biased against poor pepole.

that's how capitalism works - wealth redistribution is, in effect, socialism, which leads to communism, which doesn't work.
Capitalism isn't exactly a fine system of economics. See: child labor, environmental crises, mega-corporations, and other assorted fun side-effects of capitalism.
And would you remind me of the last stateless society to dramatically fall to its inevitable doom? Because, as I recall, the Soviet Union did have a government. And money. And classes. Other than those three central tenets of Marxism, I guess it was pretty close.
Not that communism would work, but to so affirmly argue that it doesn't work is a bit extreme, considering that we haven't seen it done on a large scale ever. Models are good for nothing.

This is just my opinion. I am a strong capitalist, which means that I believe that the hard working people should get the money. While not seeming completely fair, wealth inequality actually provides incentive and motivation for one to get a good job.
This would suggest that competition would push inequality down in the long run. Poor people hate being poor, so they'll work themselves out of poverty. Look at the stats, and the Gini coefficient in the United States has been steadily rising. Go figure.

Think about it, if every job in America got paid the same, we wouldn't have as many doctors lawyers etc as we needed! No one would be motivated to get a good job. If you want more money, well, you're going to have to work hard to get there, and I don't mean by patty flipping. I mean medical school, law school, etc. I would hate to see America become a socialistic country.
Being a doctor is not an unpleasant career. You spend your entire life healing people. Why should this be incentivized purely by money? And I'd much rather work in a law office than in a coal mine.


Do you believe in socialism/Marxism?
This is not the straw-man you were looking for.

You're basically contradicting yourself.
No, he's not. Anarcho-capitalism isn't the only form of capitalism. You can have wealth redistrubition and regulation without being a socialist or a communist. The heart of capitalism is a marketplace consisting largely of private actors. Socialism is characterized government ownership of large industry, and communism is by definition a society with no private ownership of the means of production.

When you look at the fact that a lot of the 1% (at least the most well known, and many of the non-so-well-known ones) put huge chunks of their money towards charity, I think it kinda makes it good that they get lots of money - think of your family, mine maybe gives 1, maybe 2% of their annual income to charities each year. These people give 50% or more sometimes.
Fortunately, many billionaires throw millions at political campaigns to ensure that their industries remain underregulated and undertaxed. How very democratic of them.

Here's an idea for those people: how about working hard instead of dodging anti-fracking policies or whatever it is they don't want to happen?

That only provides a negative incentive to work hard to try to make a great life for yourself. If you worked hard to be in the top 1% and had to pay 50% (ex.) taxes, why would you have any incentive to work for a high paying job (such as some surgeons, other specialists, and many other hard, lots of school jobs).

If you provide a, basically, punishment for getting a higher paying job, then people won't want the jobs. Let the welfare stick to who it should be with: individuals and charity. The government has no business providing entitlements to people - as we've seen in the past 50+ years they, quite frankly, suck at it.
Doesn't this whole argument contradict the law of diminishing returns? Honestly, I wouldn't have much of a difference in my life if I had $5 million or $1 billion. Either would provide anything I could realistically want in my life. There is no incentive to make the extra $995 million regardless of how much the government taxes it.

Right now the top 1% pay about 75% of the taxes in this country. Most of the people here are not old enough to remember the 90's but there was a tax plan that was passed by Congress to get "Even" with the rich. The US placed high taxes yachts, furs, jewlery and other luxuray items. Did this hurt the rich? Nope, not one bit because they went to the Bahamas or Bermuda and bought their boats there and had them docked there. Who got hurt? The people in th US that made and serviced the yachts, made and sold high end jewlery and furs, etc.
Luckily for the 1%, they make way more than 75% of the money.

And I seriously doubt they pay anywhere near 75% of the nation's taxes. Considering the loopholes available at that level and the payroll tax cutoffs, no way.

Socialism isn't good. It will never work. Sorry. Countries who have implemented socialism are doing very poorly.
Firstly, there are barely any pure socialist countries on this Earth. Closest one is China which has been going through one of the most incredible economic booms in the history of humanity. Norway also rocks a government controlled oil industry, which has amassed a trillion dollar trust fund for its people. Coincidentally, Scandinavia in general is among the happiest regions on Earth. I'm sure that's just because of the joyous cold weather they have.

Also, it is a proven statistic that most people who receive welfare money are not using it for its purpose. I, nor Fox News, has any problem with helping people out who are actually wanting to get a job. The problem with welfare is it becomes a lifestyle. Ones primary income should NOT become welfare. When people receiving welfare are buying, lobster, cigarettes, iPhones, and any other luxury good that isn't needed for survival, then it becomes a problem. These people are the mooches. And yes. It's perfectly ok to call people who take advantage of the welfare system mooches. I'm not saying that everyone who gets food stamps is trying to take advantage of the system. Food stamps should only be given when absolutely necessary, to help people get back on their feet, NOT to be paying peoples iphone and cable bills.
I keep hearing about these people but I've never once seen them. Maybe because they're fringe cases blown up by the media who cost the government next to nothing relative to the actual benefits of having a social safety net, but hey.

It's about freedom. It's about the government not telling you what todo with YOUR money. Honestly, let people do what they want with their money.
Devil's advocate Marxist* argument: are you truly free if you can only make money by getting an unaffordable education, and then at the approval of an employer?

* = I'm not an actual Marxist, but this is a compelling argument.
 
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LooseSeal

Well-Known Member
#34
So, I'm too lazy to read through the replies and watch the video, but wealth inequality really is a major issue in the U.S. The U.S. has some of the highest inequality of OECD countries and this divergence is only widening as the wealth is concentrated among America's top earners and minimum wage/average income continue to stagnate compared to the rising cost of living. Also, this issue extends far more beyond who is working the hardest. Do the poor deserve to be poor? In many cases, no. If a person is born into wealth, chances are they will stay in that same social/economic class since they are given opportunities not afforded to many, and already have resources and connections. Your local janitor, perhaps working 3 jobs to support his/her family, is working just as hard as that CEO from a well-established family. Although we like to think that the American Dream is an achievable prospect for anyone who has the willingness and drive to succeed, social mobility is still very much limited in this country.
Perhaps some sort of Robin Hood approach of redistributing wealth wouldn't be very effective/fair, but I do think the US should be increasing taxes for the wealthiest earners and closing the countless loopholes in the tax code. Additionally, I think that things like education should be more accessible to the masses - when you compare the cost of a private (or even a public) education in the US to the cost of education in other developed nations, it's ridiculous. Minimum wage should also be increased to meet the cost of living.

Fundamentally, the U.S. -- despite priding itself on principles of freedom and egalitarianism -- is unequal and is only becoming more unequal in regards to issues ranging from wealth to education to health. I think what's hindering us is our mindset that people get where they are by working hard, and people who are poor deserve to be poor because they are lazy, stupid, and unmotivated. We view things like healthcare and a livable wage as privileges and commodities whereas other developed nations have determined these things to be fundamental human rights. We are unequal, and to combat this inequality I think we have to work to shed this mindset.
 

Whispered

Well-Known Member
#35
So, I'm too lazy to read through the replies and watch the video, but wealth inequality really is a major issue in the U.S. The U.S. has some of the highest inequality of OECD countries and this divergence is only widening as the wealth is concentrated among America's top earners and minimum wage/average income continue to stagnate compared to the rising cost of living. Also, this issue extends far more beyond who is working the hardest. Do the poor deserve to be poor? In many cases, no. If a person is born into wealth, chances are they will stay in that same social/economic class since they are given opportunities not afforded to many, and already have resources and connections. Your local janitor, perhaps working 3 jobs to support his/her family, is working just as hard as that CEO from a well-established family. Although we like to think that the American Dream is an achievable prospect for anyone who has the willingness and drive to succeed, social mobility is still very much limited in this country.
Perhaps some sort of Robin Hood approach of redistributing wealth wouldn't be very effective/fair, but I do think the US should be increasing taxes for the wealthiest earners and closing the countless loopholes in the tax code. Additionally, I think that things like education should be more accessible to the masses - when you compare the cost of a private (or even a public) education in the US to the cost of education in other developed nations, it's ridiculous. Minimum wage should also be increased to meet the cost of living.

Fundamentally, the U.S. -- despite priding itself on principles of freedom and egalitarianism -- is unequal and is only becoming more unequal in regards to issues ranging from wealth to education to health. I think what's hindering us is our mindset that people get where they are by working hard, and people who are poor deserve to be poor because they are lazy, stupid, and unmotivated. We view things like healthcare and a livable wage as privileges and commodities whereas other developed nations have determined these things to be fundamental human rights. We are unequal, and to combat this inequality I think we have to work to shed this mindset.
Almost all of these other nations have higher tax rates than the US, are in more debt than the US (to the point of going bankrupt in the most serious of cases), and have a plethora of other problems. They also run their systems much better than we do here in the US.

However, you say a "livable wage" should be a right - but that's just not, frankly, possible in our current economic world (or any viable one for that matter). If everyone started making, say $15 dollars/hr as fast food workers want, what would happen? Well, restaurants would suddenly be paying 1 person what they used to pay 2. So one of two things will happen (or more likely, a combination of both) - they'll raise prices, or they'll lay people off. If they raise prices, they'll have to raise them by about or more than what the wages were raised by. So you just end up with higher cost products - sure the people are making more money, but the value of 1 dollar went down because the cost of products/services went up. So in effect, if you increase minimum wage, you also increase living wage, and you can never achieve (through strict regulation/laws alone) a minimum+living wage combined.

btw I agree with the two italicized statements you made :) ---so i just realized the whole darn quote becomes italicized. i bolded them instead oopsie.

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Sorry I can't respond to more, there's so much and it'd be nitpicking. But to "You spend your entire life healing people." - No. You spend your entire life fighting insurance companies to even make 80 cents on the dollar for what you need to break even for your equipment and time. You spend your days overbooked because of the way you have to schedule. You spend every day afraid the next patient you see may bring a lawsuit that you have to spend money to fight - just because you did everything you could to help them and they weren't satisfied. Being a doctor is not an easy job, and I'd go so far as to say in today's world it's a pretty horrible one to have, sadly.

Didn't stop me from making it my career choice though (for other reasons though, I'm going into pediatric neurosurgery hopefully)
 
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#36
Sorry I can't respond to more, there's so much and it'd be nitpicking. But to "You spend your entire life healing people." - No. You spend your entire life fighting insurance companies to even make 80 cents on the dollar for what you need to break even for your equipment and time. You spend your days overbooked because of the way you have to schedule. You spend every day afraid the next patient you see may bring a lawsuit that you have to spend money to fight - just because you did everything you could to help them and they weren't satisfied. Being a doctor is not an easy job, and I'd go so far as to say in today's world it's a pretty horrible one to have, sadly.

Didn't stop me from making it my career choice though (for other reasons though, I'm going into pediatric neurosurgery hopefully)
Never said it was easy; just that it's fulfilling regardless of financial incentives.

And the issues you list are a bad reflection on the largely capitalist healthcare system we have in place. Under a system with better education, we'd have more doctors and less overbooking. Under a system with universal healthcare, there would be no health insurance companies to battle (although malpractice insurance is still another issue).
 

Whispered

Well-Known Member
#37
Never said it was easy; just that it's fulfilling regardless of financial incentives.

And the issues you list are a bad reflection on the largely capitalist healthcare system we have in place. Under a system with better education, we'd have more doctors and less overbooking. Under a system with universal healthcare, there would be no health insurance companies to battle (although malpractice insurance is still another issue).
i mean, under the systems of other countries doctors are paid 5 figure salaries. and they are still overbooked, I'd love to know where you find that there's no overbooking.

Universal healthcare - who pays the doctors, who pays for the supplies? Tax money? I sure wouldn't want any government in the world to be managing my money, they literally all suck at it :)

Pure, true capitalism works. It has forever. Why was the US so prosperous, with little poverty up until the 1950s-60s (forgetting the contributions of slaves, etc)? Because we didn't have as much government entanglement into our lives - less regulation, less government takeover of the economy, etc.

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left this out: If you have "universal healthcare", then doctors' salaries get less. Look at medicare right now - it only pays doctors an average of 58 cents on the dollar for services rendered (equipment, time, scheduling, treatments, etc). There'll be no incentive to become a doctor when you'll have to struggle to support your family. Sure people like me want to help people - but if you can't make a living off of it then you start to rethink your plans.

And let's look at what happens - just would like to point out something: http://hotair.com/archives/2009/09/03/video-canadas-health-care-lottery/

Only 4 new patients (and families) per month.
Doctor only gets paid 25k + rent. With the payouts from the canadian healthcare system, that is pretty much all his take-home income. If you want to be very optimistic, he may get 40k per year. *maybe*.
5 million in Canada do not have primary care physicians. This is 1/7 persons in Canada.
5 year waiting list to get a family physician.
Up to several months of waiting for simple issues.

All due to the "government monopoly".

I won't say I agree with what the article says, but the video is, to be honest, quite eye-opening.
 
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#38
i mean, under the systems of other countries doctors are paid 5 figure salaries. and they are still overbooked, I'd love to know where you find that there's no overbooking.

Universal healthcare - who pays the doctors, who pays for the supplies? Tax money? I sure wouldn't want any government in the world to be managing my money, they literally all suck at it :)

Pure, true capitalism works. It has forever. Why was the US so prosperous, with little poverty up until the 1950s-60s (forgetting the contributions of slaves, etc)? Because we didn't have as much government entanglement into our lives - less regulation, less government takeover of the economy, etc.

---

left this out: If you have "universal healthcare", then doctors' salaries get less. Look at medicare right now - it only pays doctors an average of 58 cents on the dollar for services rendered (equipment, time, scheduling, treatments, etc). There'll be no incentive to become a doctor when you'll have to struggle to support your family. Sure people like me want to help people - but if you can't make a living off of it then you start to rethink your plans.

And let's look at what happens - just would like to point out something: http://hotair.com/archives/2009/09/03/video-canadas-health-care-lottery/

Only 4 new patients (and families) per month.
Doctor only gets paid 25k + rent. With the payouts from the canadian healthcare system, that is pretty much all his take-home income. If you want to be very optimistic, he may get 40k per year. *maybe*.
5 million in Canada do not have primary care physicians. This is 1/7 persons in Canada.
5 year waiting list to get a family physician.
Up to several months of waiting for simple issues.

All due to the "government monopoly".

I won't say I agree with what the article says, but the video is, to be honest, quite eye-opening.
Admittedly, I can't go much further on medicine because it's an incredibly complex industry, and I'm not qualified to say too much about it. Canada has problems with its system, but our more free-ish market system was disproportionately expensive. However, I'm not sure income is so bleak. In 2009-2010 in Ontario, the lowest paid doctors (pediatricians) made $175,000 in net income. Granted, that's before taxes, but it's not too bad, especially since I don't believe this factors in the cost of interest on student loans; in the US, the overhead costs of education are far more significant. http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3517870/pdf/policy-08-030.pdf

And not all governments suck at managing money. Norway, with all of its social programs (and Gini coefficient of 25!), has a public debt of only 30% of its GDP. Oh, and they have a nice little trust fund, just in case they have a rainy day. Did I mention: the trust fund is $1 trillion. (For those keeping track, that's 200% of Norway's GDP. Yeah.)

True capitalism doesn't work for equality.
http://upload.wikimedia.org/wikipedia/commons/0/0f/Share_top_1_percent.jpg
Income inequality peaked before the New Deal, and spiked back up around when trickle-down became the cool new trend.
Also, note the drastic income inequality between men and women that still exists without regulation. Based on the cognitive differences in multi-tasking abilities, women might actually be more valuable workers than men, but the free market isn't rational.
 

allison

Well-Known Member
#39
Survival of the fittest, is all I can say at this point. May be sad, but true


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#40
Survival of the fittest, is all I can say at this point. May be sad, but true
Sad and untrue.

We're all human; we're in this together. The "fittest," in many cases, are the people born into socio-economic status. It's unfair, and it's unnecessary to practice social Darwinism in a civilized society of our caliber. We're more than capable of providing an adequate standard of living for everyone.
 
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