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GRAPHIC: Who is redistributing wealth?

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yurbud Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 02:59 PM
Original message
GRAPHIC: Who is redistributing wealth?
Edited on Mon Oct-27-08 03:06 PM by yurbud
The latest right wing talking point is that Barack Obama wants to redistribute wealth.

You would think the right would want to steer away from that issue since for the last thirty years at least, they have done everything possible to redistribute wealth UPWARD.

While worker productivity and corporate profits have gone up, and CEO salaries have gone up exponentially, wages for most of us have remained flat or even declined.

Conservatives try to squirm away from a basic economic truth: it's not just capital that creates wealth, but labor does too. And one of the ways a business makes a profit is paying you less for your labor than it is worth (if they paid you exactly what it was worth, they would break even).

It seems like basic fairness that wages would at least keep pace with productivity and profits.

As it says in the Bible,

For it is written in the Law of Moses: "Do not muzzle an ox while it is treading out the grain." Is it about oxen that God is concerned? Surely he says this for us, doesn't he? Yes, this was written for us, because when the plowman plows and the thresher threshes, they ought to do so in the hope of sharing in the harvest.
(http://www.biblegateway.com/passage/?book_id=53&chapter=9&verse=9&version=31&context=verse">1 Corinthians 9)


I guess this is a part of the Bible "God's Own Party" missed.



From The New York Times based on Federal Reserve data:



http://professorsmartass.blogspot.com/2008/01/orwells-1984-war-economy-exists-to.html">In 1984, George Orwell had a creepy explanation for why this income inequality persists.


http://professorsmartass.blogspot.com/2008/10/graphic-who-is-redistributing-wealth.html">BIGGER IMAGES HERE
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RUMMYisFROSTED Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 03:00 PM
Response to Original message
1. Theft.
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yurbud Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 03:18 PM
Response to Reply #1
2. that's the short version
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On the Road Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 03:23 PM
Response to Original message
3. Unfortunately,
Professor Smartass set the resolution too low on his NYT graphic. As a result, it is unreadable even with zoom.
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yurbud Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 04:10 PM
Response to Reply #3
4. Nope. I just tried it. Click on pic to get full-sized. or just look at it here:

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On the Road Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 08:20 PM
Response to Reply #4
5. Thank You.
Much better. Couldn't even tell the subject.
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yurbud Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-28-08 12:36 PM
Response to Reply #5
8. de nada
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Starlight Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 08:22 PM
Response to Original message
6. They seem oblivious to how few people are disturbed that that suggestion.
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yurbud Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-27-08 09:43 PM
Response to Reply #6
7. they are so flustered they forgot that some things should only be said at the country club not to
rest of us.
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