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Wealth inequality stands at its highest since the turn of the 20th century - the so-called 'Gilded Age' - as the proportion of capital held by the world's 1,542 dollar billionaires swells yet higher. The report, undertaken by Swiss banking giant UBS and UK accounting company PwC, discusses the roles technology and globalization play in the status quo, and appears two weeks after the IMF recommended that the rich should pay more tax to address the enormous disparity.
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(Score: 2) by The Mighty Buzzard on Sunday October 29 2017, @04:12PM (5 children)
You're wrong on the Republican plans for Obamacare (do a bit of research) but that's not especially important since I doubt they'll get their shit together long enough to pass anything at all. The important thing is you at least see that Democrats are "Tax and Spend More" while the Republicans are "Tax Less and Spend the Same". Both fuck us just as hard as a nation.
My rights don't end where your fear begins.
(Score: 2) by sjames on Sunday October 29 2017, @05:02PM (4 children)
If I'm wrong, where is this amazing Republican solution? The deadline for this year came and went and they haven't managed to do a damned thing but make some noise. The best evidence suggests that the grand plan is to do nothing until they lose their majority (because of doing nothing), then retroactively blame the Democrats.
For all of his many faults, the only time in the last 40 years or more we had an actual balanced budget was under the Clinton administration.
(Score: 2) by The Mighty Buzzard on Sunday October 29 2017, @05:11PM (3 children)
There isn't one everyone agrees upon but there are several that different factions are pushing. Note I did not say that they had their shit together. I'm pretty sure I said the opposite.
You're right on the budget but Bill can't really take credit for that. That was the insane growth of the 90s that would have happened with or without him filling the coffers faster than congress could empty them. I'll grant you that he did fuck things up economically less than most though.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Sunday October 29 2017, @06:53PM
It doesn't exist, the one they had was a $600bn set of tax cuts to the wealthy at the expense of the debt and the people's medical care.
They've had years to develop a plan for what they'd replace Obamacare with and they haven't been able to come up with anything at all. They could have come up with something in those years that might have been able to satisfy enough people to get the votes, but the fact of the matter is that they didn't even start working on it until after Trump was elected. They did the drafting in secret and the ultimate result was that they didn't have the votes to pass it because they were so focused on fucking the poorest Americans over in order to give a massive tax break to the wealthiest.
(Score: 3, Interesting) by sjames on Sunday October 29 2017, @07:09PM (1 child)
You have to admit though that the last big push on healthcare was just a rollback and all of them are just variations on Obamacare lite.
As far as government involvement goes, the biggest single anti-market rule is the ban on Medicare negotiating drug prices. That's not something the Ds cooked up. It's not just that the Rs don't have their shit together, they just don't have any ideas to solve the problem (I wish they did). That or they don't have the will to solve the problem.
(Score: 2) by GlennC on Sunday October 29 2017, @07:54PM
There is another option you may have missed.
They may not see it as a problem at all...after all, it doesn't affect them or their friends.
Sorry folks...the world is bigger and more varied than you want it to be. Deal with it.