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You suck Obama

2001400ex
2001400ex Member Posts: 29,457
http://www.msn.com/en-us/money/markets/incomes-rise-for-bottom-99-pct-us-inequality-still-worsens/ar-AAcizxo

The increase likely reflects robust hiring last year when employers added 3.1 million jobs — the most since 1999.

Incomes for the bottom 99 percent of American families rose 3.3 percent last year to $47,213, the biggest annual gain in the past 15 years, according to data compiled by economist Emmanuel Saez and released Monday by the Washington Center for Equitable Growth.
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Comments

  • dnc
    dnc Member Posts: 56,839
    I gave you an awesome.

    I only read the headlines.
  • 2001400ex
    2001400ex Member Posts: 29,457

    Still, income inequality worsened in 2014. The richest 1 percent of Americans posted a much bigger increase in pay: their incomes soared an average of 10.8 percent to $1.3 million. The wealthiest 1 percent also captured 21.2 percent of all income in 2014, up from 20.1 percent the previous year.


    Party of the little guy doing a great job

    How do you propose we fix the income inequality race?
  • ThomasFremont
    ThomasFremont Member Posts: 13,325
    dnc said:

    2001400ex said:

    Still, income inequality worsened in 2014. The richest 1 percent of Americans posted a much bigger increase in pay: their incomes soared an average of 10.8 percent to $1.3 million. The wealthiest 1 percent also captured 21.2 percent of all income in 2014, up from 20.1 percent the previous year.


    Party of the little guy doing a great job

    How do you propose we fix the income inequality race?
    Rainbow crosswalks
    Flags
  • ThomasFremont
    ThomasFremont Member Posts: 13,325
    Swaye said:

    dnc said:

    2001400ex said:

    Still, income inequality worsened in 2014. The richest 1 percent of Americans posted a much bigger increase in pay: their incomes soared an average of 10.8 percent to $1.3 million. The wealthiest 1 percent also captured 21.2 percent of all income in 2014, up from 20.1 percent the previous year.


    Party of the little guy doing a great job

    How do you propose we fix the income inequality race?
    Rainbow crosswalks
    Flags
    I say we run unicorn horns and fairy dust through woodchippers to generate sustainable dreams for everyone!
    http://games.adultswim.com/robot-unicorn-attack-twitchy-online-game.html
  • HoustonHusky
    HoustonHusky Member Posts: 6,000
    That has to be about the dumbest economic article I've read in a while, but considering it's from a Clinton aide its to be assumed.

    Saying everything is great when grouping 99% together misses the entire point. Add to that saying the average income for said 99% went up 3% in a year the stock market went up 12% and who knows how much housing went up almost guarantees the folks on the lower rungs aren't seeing much if any. But hey, if you have to bend over backwards that much in an attempt to make things look great for a few lapdogs more power to them. Look at median income and such...it actually went up in 2013 (after steadily decreasing the previous few years) to get yourself in a lather.

    And I know you are complete unaware of this but your article is propaganda straight from John Podesta (http://economix.blogs.nytimes.com/2013/11/06/podesta-starting-a-think-tank-on-inequality/). Maybe you should take it as a compliment...you gurgle on it without even knowing...


  • PurpleJ
    PurpleJ Member Posts: 37,643 Founders Club
    2001400ex said:

    Still, income inequality worsened in 2014. The richest 1 percent of Americans posted a much bigger increase in pay: their incomes soared an average of 10.8 percent to $1.3 million. The wealthiest 1 percent also captured 21.2 percent of all income in 2014, up from 20.1 percent the previous year.


    Party of the little guy doing a great job

    How do you propose we fix the income inequality race?
    NINJA loans?
  • 2001400ex
    2001400ex Member Posts: 29,457

    That has to be about the dumbest economic article I've read in a while, but considering it's from a Clinton aide its to be assumed.

    Saying everything is great when grouping 99% together misses the entire point. Add to that saying the average income for said 99% went up 3% in a year the stock market went up 12% and who knows how much housing went up almost guarantees the folks on the lower rungs aren't seeing much if any. But hey, if you have to bend over backwards that much in an attempt to make things look great for a few lapdogs more power to them. Look at median income and such...it actually went up in 2013 (after steadily decreasing the previous few years) to get yourself in a lather.

    And I know you are complete unaware of this but your article is propaganda straight from John Podesta (http://economix.blogs.nytimes.com/2013/11/06/podesta-starting-a-think-tank-on-inequality/). Maybe you should take it as a compliment...you gurgle on it without even knowing...


    I like to blast someone for incorrect information, then I like to include stock market gains and housing market gains as income. Cause that's what I like to do.
  • 2001400ex
    2001400ex Member Posts: 29,457

    Income inequality is a classic low information voter issue that the democrats run on every time and do nothing about because there is nothing they can do.

    The best you can do is have a robust economy with lots of good jobs. Not exactly an Obama strength as we have seen.

    When was the last time we had a robust economy with good jobs?
  • HoustonHusky
    HoustonHusky Member Posts: 6,000
    So if you sell stock or your house and make money on it then its not considered income?

    You're a bright one...

    image
  • allpurpleallgold
    allpurpleallgold Member Posts: 8,771
    Aren't you guys tired of this?

    One side takes something Obama has done a middling to poor job at and acts like it's 9/11 the remix. Then the other side takes something Obama has done a middling to ok job at and acts like he just gave Hitler an RKO out of nowhere.

    Obama isn't either extreme you idiots want him to be. He's been adequate. Now stop boring me with this shit.
  • HoustonHusky
    HoustonHusky Member Posts: 6,000
    edited June 2015
    Just for the masses...here is the 2010-2013 data...most of the 2014 data hasn't been hashed through yet:

    http://www.federalreserve.gov/pubs/bulletin/2014/pdf/scf14.pdf

    Percentile of -------------Median-------------Mean-----------
    usual income______2010____2013__ %Change__2010___2013___%Change

    Less than 20_______15.8______15.2____-4_______16.5___15.2______-8
    20–39.9___________32.7______30.4____-7_______32.4___30.5______-6
    40–59.9___________51.8______48.7____ -6______49.9___ 49.6______ -1
    60–79.9___________79.5______77.9_____-2_____78.9_____80.0______1
    80–89.9__________125.3_____121.7 ____-3 _____124.3___123.5______-1
    90–100___________217.9_____223.2 _____2_____361.5____397.5_____ 10
  • allpurpleallgold
    allpurpleallgold Member Posts: 8,771

    Just for the masses...here is the 2010-2013 data...most of the 2014 data hasn't been hashed through yet:

    http://www.federalreserve.gov/pubs/bulletin/2014/pdf/scf14.pdf

    Percentile of -------------Median-------------Mean-----------
    usual income______2010____2013__ %Change__2010___2013___%Change

    Less than 20_______15.8______15.2____-4_______16.5___15.2______-8
    20–39.9___________32.7______30.4____-7_______32.4___30.5______-6
    40–59.9___________51.8______48.7____ -6______49.9___ 49.6______ -1
    60–79.9___________79.5______77.9_____-2_____78.9_____80.0______1
    80–89.9__________125.3_____121.7 ____-3 _____124.3___123.5______-1
    90–100___________217.9_____223.2 _____2_____361.5____397.5_____ 10

    @zachlowedawg true?
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,081 Founders Club

    Aren't you guys tired of this?

    One side takes something Obama has done a middling to poor job at and acts like it's 9/11 the remix. Then the other side takes something Obama has done a middling to ok job at and acts like he just gave Hitler an RKO out of nowhere.

    Obama isn't either extreme you idiots want him to be. He's been adequate. Now stop boring me with this shit.

    LEAVE
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,081 Founders Club
    2001400ex said:

    Income inequality is a classic low information voter issue that the democrats run on every time and do nothing about because there is nothing they can do.

    The best you can do is have a robust economy with lots of good jobs. Not exactly an Obama strength as we have seen.

    When was the last time we had a robust economy with good jobs?
    Reagan's second term through W's first. Pretty good 20 year run. Did the gap widen? Yes it did. Imagine that. Must be a phony issue. Oh wait - it is.

    Bill Gates accumulating billions of dollars did not effect my income at all.

    You want to ask some more stupid questions or are we through here?
  • allpurpleallgold
    allpurpleallgold Member Posts: 8,771

    2001400ex said:

    Income inequality is a classic low information voter issue that the democrats run on every time and do nothing about because there is nothing they can do.

    The best you can do is have a robust economy with lots of good jobs. Not exactly an Obama strength as we have seen.

    When was the last time we had a robust economy with good jobs?
    Bill Gates accumulating billions of dollars did not effect my income at all.
    Are you retarded? I realize Honda is a dunce and you don't need your A game for him but that is horrifically stupid.

    If you insist on engaging in these slap fights the least you can do is try.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,081 Founders Club
    Ok, it increased my income. Better?
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,470 Founders Club

    Aren't you guys tired of this?

    One side takes something Obama has done a middling to poor job at and acts like it's 9/11 the remix. Then the other side takes something Obama has done a middling to ok job at and acts like he just gave Hitler an RKO out of nowhere.

    Obama isn't either extreme you idiots want him to be. He's been adequate. Now stop boring me with this shit.

    There is a joke in here somewhere about how adequate was what hope and change was all about.

    Does that realization make you and HondaFS feel stupid? It should.

    #thanksobama!
  • allpurpleallgold
    allpurpleallgold Member Posts: 8,771
  • allpurpleallgold
    allpurpleallgold Member Posts: 8,771
    pawz said:

    Aren't you guys tired of this?

    One side takes something Obama has done a middling to poor job at and acts like it's 9/11 the remix. Then the other side takes something Obama has done a middling to ok job at and acts like he just gave Hitler an RKO out of nowhere.

    Obama isn't either extreme you idiots want him to be. He's been adequate. Now stop boring me with this shit.

    There is a joke in here somewhere about how adequate was what hope and change was all about.

    Does that realization make you and HondaFS feel stupid? It should.

    #thanksobama!
    Ask someone that voted for him.
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,470 Founders Club

    pawz said:

    Aren't you guys tired of this?

    One side takes something Obama has done a middling to poor job at and acts like it's 9/11 the remix. Then the other side takes something Obama has done a middling to ok job at and acts like he just gave Hitler an RKO out of nowhere.

    Obama isn't either extreme you idiots want him to be. He's been adequate. Now stop boring me with this shit.

    There is a joke in here somewhere about how adequate was what hope and change was all about.

    Does that realization make you and HondaFS feel stupid? It should.

    #thanksobama!
    Ask someone that voted for him.
    Your body of work suggests I just did.
  • allpurpleallgold
    allpurpleallgold Member Posts: 8,771
    Check the facts.
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,470 Founders Club

    Check the facts.

    My recollection goes back to Unleashed circa 03-04 when you were a cheerleader for the "anybody but bush" crowd.

    Is there more to check or are we through here?
  • allpurpleallgold
    allpurpleallgold Member Posts: 8,771
    I still didn't vote for Obama.

    Again, ask someone that did. If you think I'm bothered by a president not living up to expectations, when I couldn't even be bothered to vote for him, then you're dumber than I thought. And I thought you were pretty fucking dumb.
  • whlinder
    whlinder Member Posts: 5,272

    Still, income inequality worsened in 2014. The richest 1 percent of Americans posted a much bigger increase in pay: their incomes soared an average of 10.8 percent to $1.3 million. The wealthiest 1 percent also captured 21.2 percent of all income in 2014, up from 20.1 percent the previous year.


    Party of the little guy doing a great job

    So I was able to keep my freedom, guns and money?