Are there any cons in poverty?

Cons, if 50% of the country is living in poverty thanks to obama, who has all the money then?

  • O yeah that's right the rich folks that you think need even more tax cuts have all the money. Now explain to me how giving all the money to the rich is actually a socialist ...show more

  • Answer:

    Our congress is packed full of Democrat Millionaires. Many corrupt as the day is long. Go ask them.

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Nobody "gave" the money to the rich, it's theirs, they earned it, or they inherited it, in which case their families earned it, gave it to their heirs, now it's theirs. Jealous? Silly question, of course you are, you said so in your rant. Do you think you should, for some reason, be entitled to TAKE (or have someone take for you) some of what they own for yourself? P.S. Nobody said 50% of the population is living in poverty, it has been said that 50% are on some type of public entitlement program, welfare, food stamps... Some of these legitimately need a hand up until they get on their feet again...NOBODY needs, deserves, or should be allowed to get a handout for the rest of their lives.

Geno

Obama wealth has grown by leaps and bounds so go ask him and while your there check out is buddies on wall street

wtinc

The big flaw in your understanding of socioeconomics is you have the misguided idea that wealth is like some big pie, moved around or "taken" from others. It is not. It doesn't work like that. Wealth is created. There hasn't been income tax cuts since 2003, so you can drop that victim/exploitation angle. The problem is that the up escalator of upward mobility has been effectively shut down with the almost criminal sluggish recovery that has been going on for almost 5 years now. American recoveries are supposed to start, sharply, soon after a recession is over. That recession was over July 2009. THIS is why median income has dropped for the first time since the Great Depression. This is why the poverty rate has significantly increased for the first time the Great Depression. This is why the welfare rolls have increased. Don't try to pin ANY of this on the rich. That's just misguided scape goatism to hide the failure of the kind of far Left Progressive Liberal socioeconomics Obama and other eat up. FDR did too, which is why the effects of the Great Depression lingered on for so long. The Depression was actually over in 1933 BTW, sound familiar?

Socrates

The banksters and their duly purchased politicians have the greatest part of money in the world, not just the U.S.A.

0.1 of Americans have 11% of the wealth. 1% of Americans control 40% of the wealth. 10% of Americans control 75% of the wealth. The other 90% of Americans have the other 10% of wealth. That's right: 90% of all Americans combined have less than the wealth of the top 0.1%. The portion of wealth for the top 0.1% has now grown beyond that of the 1920s. It continues to grow. These are just the facts. Personal values may differ: some people may argue that it is good for a society to have wealth so skewed; others may argue it is bad.

Baccheus

Nobody gives money to the rich. That is just incredibly naïve of you.

webcatman

So by your comments fifty percent of the country is in poverty and the other 50% is filthy rich right? You don't get out much do you? One day you idiots tell us about the evil one percent and the next its 50% and the remainder of the country is in poverty. Get it together will you?

Pete

The USA's economic collapse is due to 60 years of constant warfare, 30 years of Voodoo Reaganomics. Particularly dumb CEOs de-industrializing the USA. (They forgot that their workers were their customers!). The situation cannot be reversed.

Zhu Bajie

You obviously are bias and already made up your mind....but I will try FIRST Wealth is not finite..... just because I have money does not keep you from having money.... SECOND Class envy....class warfare....is STUPID....we do not need to punish the rich....in fact we need to reward the rich....they not only built this nation..... they allow it to grow even greater..... The rich built schools ....hospitals.....libraries....medical research facilities..... museums..... even the greedy selfish bastards help....how? ....they not only employ.....they not only purchase.....they keep their money in our banks allowing you to borrow to buy a home or start a business.... Dick Chaney that selfish bastard made 6 million dollars on his Haliburton stock......AND GAVE 9 MILLION TO CHARITY..... Ray Kroc 's widow gave 13 million to the red cross....9 million to California You keep punishing the rich and they will ......just like they did in England when taxes reached 95%....they will take their money and run..... Brad Pitt already has a farm in southern France....WHAT THERE WERE NO FARMS FOR SALE IN KANSAS???....George Clooney has a villa on Lake Como in Italy.....WHAT WE HAVE NO LAKES IN WISCONSIN???? Keep up with this STUPID attack on the rich and the only people who will be left in America will be people with empty pockets and politicians with empty promises BTW it is not 50%....it is closer to 47%

Kojak

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