What the hell is "wealth redistribution"

[GrantDem]

????????

[Quetzal]

1. A game of poker?

:shrug:

[marbuc]

2. It's a age-old bogeyman

bantered about by conservatives, with the intent to color advocates of a progressive tax system as communists. AKA income restribution.

[devilgrrl]

3. Another example of Frank Luntz double-speak

sounds good though - don't it.

[blm]

11. WE HAVE A WINNER!!!!!

.

[radwriter0555]

31. "GOOD!!!! " Is what I always say to gopers who whine about the rich tax

payers paying the most into the US treasury and supporting the US economy... they used to try to elicit SYMPATHY, until I started saying "GOOD, they're rich, they can afford it..."

heh heh

[ewagner]

4. Wealth Redistrubution

is a RW code word for ending welfare and any social programs brought about by the New Deal. It is used interchangably with Socialism . I can also be used as an argument against raising the minimum wage or even National Health Care.

It's one of Limbaugh's favorite terms.

[Cocoa]

5. Bush's tax cuts

[Mend]

6. something I believe in....through taxes and charities,

the have's give some up to the have-not's....so that the have-nots have at least the basic necessities of life. Seems right to me.

[cassiepriam]

7. Where repugs steal all the middle class income, and Iraqi oil?

[LSparkle]

8. It means "I've got mine but I'm not going to pay my fair share of tax"

It's the phrase the haves use to avoid having to pay a proportionately fair share of their windfalls toward the common good.

Selfish, stinking BASTARDS!

[Vickers]

9. Where did you hear it?

:shrug:

Context is everything.

[GrantDem]

15. O'Reilly

I hear O'Lielly harp about it from time to time.

[Vickers]

27. If you hear Dildo Boy rail about it, it must be a decent thing, huh?

:)

[TomClash]

10. Robin Hood in Reverse

As practiced by the rich for centuries.

[begin_within]

12. What the ruling class has been doing for 30 years - collecting money and

redistributing it (to themselves, not you).

[unpossibles]

14. exactly

they claim that they are persecuted and forced to pay more than their share, meanwhile they make money hand over fist on the backs of people everyday and don't think twice about it.

[nemo137]

13. according to any macroeconomics course, one of the functions of government

Usually done through taxation and transfer payment. Done correctly, it can provide economic stability (by promoting spending, and taking advantage of the monetry multiplier) and a more just society (by preventing vast inequalities and promoting a stable and large middle class). Ususally, though, it's what Repulicans say when they want to whine about taxes and welfare.

[Selatius]

20. Well, those inequalities are getting worse at present

There has rarely (if not never?) been a time in US history where the gap between the richest and the poorest is as wide.

[nemo137]

24. which is why we need to elect people who actually understand how

the economy works to the house. If you know any good, Dem macroeconomics professors, encourage them to stand for office.

[Selatius]

28. I hate to break it, but they're all either agnostic or conservative on...

the point here at my school. My macroeconomics professor I had seems decidedly against raising things such as the minimum wage, but he does admit that to get the economy going again requires increasing aggregate demand for goods and services, which is usually done through wealth redistribution.

I would say the best solution is to cut taxes for the poorest and increase them on the richest. Tax revenue from those who are well off could then logically be used to train workers, educate children, provide health care, invest in technology, and all of this has a beneficial effect on the economy. You have more educated/knowledgeable workers, jobs created as a result of those investments, and a more stable economy when contrasted to one that is wholly unregulated. (See Chilean economy under Pinochet) Of course, this is old fashioned Keynesian economics I'm talking about here. What I said has already been tried. That was known as the New Deal.

The only compromise I could come up with on minimum wage is to pass a law so that minimum wage floats according to inflation or the national average cost of living instead of letting Congress control it.

[nemo137]

33. I was being (mostly) tongue in cheek.

but I think we need to pay down the national debt, then go hardcore Keynesian.

[mark11727]

16. Just a fancy way of sayin' "THIS IS A STICKUP!"

[Double T]

17. Wealth redistribution involves an self proclaimed elite group.......

that manipulates the 'system' in order to accumulate ALL the wealth and leave the masses with next to nothing to share. This is the major goal of bush and his henchman.

[drb]

18. It is, in fact, one of the basic tenants of true Christianity.

"Sell all you have, give it to the poor, and follow me."

And if anyone starts telling you that's wrong, well.... "by their fruits shall ye know them."

[BlueEyedSon]

19. This:

When your kids (and mine) have to pay that back (plus interest).

You do know the rich and the corporations won't have to cough up a dime.....

[RobertSeattle]

21. Got to Follow the Bible!

I bet these passages get quickly overlooked over in the modern mega churches:

All that believed were together, and had all things in common; And sold their possessions and goods, and parted them to all men, as every man had need.
(Acts 2:44-45)

There was not a needy person among them, for as many as owned lands or houses sold them and brought the proceeds of what was sold. They laid it at the apostles’ feet, and it was distributed to each as any had need. There was a Levite, a native of Cyprus, Joseph, to whom the apostles gave the name Barnabas (which means “son of encouragement”). He sold a field that belonged to him, then brought the money, and laid it at the apostles’ feet.
(Acts 4:34-37)

[izzie]

22. Is it pushing money up hill?

Who will be our Charles Dickens and write about us when we are all poor but the very few on the top. Interesting to go food shopping. When I had kids in the 60's every one went out will full baskets. When have you seen a full basket in the super market? Odd things are going on. Lots of small homes being built here and lots or very large homes being built along the coast. With these new cuts in Congress we should have some more hard times. What a mess Bush has made.

[Lefty48197]

23. We call it fair wages, they call it "wealth redistribution"

If they're paying somebody more than $5 per hour, they feel they're being victimized by a conspiracy.

[LSdemocrat]

25. For Bush: massive tax breaks to multimillionares paid for by everyone else

[patdem]

26. It used to be when Libby was a kid..and a milkman could put

his progeny thorough college and law school..but that is so 60's...now it is the middle class paying for everything and the rich getting a free ride.....why do you ask?

[Oeditpus Rex]

29. 'Blimey! This redistribution of wealth is trickier than I thought!'

[applegrove]

30. Wealth should be redistributed every generation. Otherwise you

get insane cabals in control of your democracy.

And when any cabal (religious, financial) as more power than government.. then they try and make themselves monopolies, and hide information (the only thing that really makes humans rich) so only they can profit on it. Called marketing and the like. Or like the Catholic Church in the middle ages.. nobody is allowed to think except for them.

Basically too much power corrupts.

And as nice as it is to run a good business, some of your wealth needs to go to government for programs to keep the people in your community thriving too.

[ConsAreLiars]

32. "Capitalism" is another word for this process. (n/t)