dow 24000

[Jkloc420]

the original conversation is about who owns most of the stock market and how if you have terrible economic equality (which america has) then why would the stock market be more equal?

because anyone regardless of class or economic structure can participate, a 401k from a job povides that, a paycheck can povide that

 

[IVE GOTTA PACKAGE 4U]

Holy hell.......

US Government Welfare Spending History with Charts - a www.usgovernmentspending.com briefing

 

[Jkloc420]

US Government Welfare Spending History with Charts - a www.usgovernmentspending.com briefing

i think the government dont spend the money right

 

[BrownArmy]

Wrong

I good portion if the tax money they take out of my check goes for government handouts
Let them take $600 a week out of your ing paycheck and get back to me.

Most of what’s taken out of your paycheck goes to the military.

It is what it is, but please don’t cry that you’re being ‘soaked’ to pay for ‘welfare’.

The amount of money that pays for ‘welfare’, as you describe it, is less than 3% of the US budget.

Maybe you should get upset about something else.

 

[rickyb]

Wrong

I good portion if the tax money they take out of my check goes for government handouts
Let them take $600 a week out of your ing paycheck and get back to me.

how much is UPS profiting off you every paycheck.

this conversation is idiotic. american welfare system is because the country is so conservative. david cay johnston describes the tax system as niagara falls in reverse meaning the rich get all the tax benefits.

 

[Catatonic]

im sure your wrong. the math doesnt make any sense. why would most people, who have no wealth, and no income relative to the total pie, own most of the stock.

also watched a recent chomsky interview and he said the same thing.

Smart people can be wrong too.
or
The listener does not understand what Noam is saying.

 

[Jkloc420]

Most of what’s taken out of your paycheck goes to the military.

It is what it is, but please don’t cry that you’re being ‘soaked’ to pay for ‘welfare’.

The amount of money that pays for ‘welfare’, as you describe it, is less than 3% of the US budget.

Maybe you should get upset about something else.

depends what you consider welfare

 

[rickyb]

because anyone regardless of class or economic structure can participate, a 401k from a job povides that, a paycheck can povide that

im not talking about participation im talking about who owns most of the stocks.

 

[Catatonic]

Most of what’s taken out of your paycheck goes to the military.

It is what it is, but please don’t cry that you’re being ‘soaked’ to pay for ‘welfare’.

The amount of money that pays for ‘welfare’, as you describe it, is less than 3% of the US budget.

Maybe you should get upset about something else.

Hardly to the military ... most likely it pretty much all goes to 'Entitlements' (Soc Sec, Medicare & Medicaid).
but what tiny amount goes to welfare is less than the military.

 

[BakerMayfield2018]

 

[rickyb]

Smart people can be wrong too.
or
The listener does not understand what Noam is saying.

im more concerned about dumb people who are wrong.

and it wasnt just chomsky i was quoting. so if you want to write him off go for it.

 

[rickyb]

Hardly to the military ... most likely it pretty much all goes to 'Entitlements' (Soc Sec, Medicare & Medicaid).
but what tiny amount goes to welfare is less than the military.

800 billion per year officially, 1.5 trillion unofficially per year. to war..

 

[IVE GOTTA PACKAGE 4U]

Most of what’s taken out of your paycheck goes to the military.

It is what it is, but please don’t cry that you’re being ‘soaked’ to pay for ‘welfare’.

The amount of money that pays for ‘welfare’, as you describe it, is less than 3% of the US budget.

Maybe you should get upset about something else.

I would live to take home an extremely 3% of my paycheck and invest it for myself .not give it to some lazy ass who has never had a job.

Keep the military and fire the rest of government.

 

[Jkloc420]

im not talking about participation im talking about who owns most of the stocks.

i would imgine the more money you have, you would have more, but it also how much you invest

 

[Jkloc420]

800 billion per year officially, 1.5 trillion unofficially per year. to war..

go look at the u.s debt click it will tell you

 

[IVE GOTTA PACKAGE 4U]

how much is UPS profiting off you every paycheck.

this conversation is idiotic. american welfare system is because the country is so conservative. david cay johnston describes the tax system as niagara falls in reverse meaning the rich get all the tax benefits.

UPS is my employer. It's my job to make them money. It's called Capitalism.

 

[Jkloc420]

there are some ups people who have over a million dollars in their 401ks

 

[BakerMayfield2018]

I would live to take home an extremely 3% of my paycheck and invest it for myself .not give it to some lazy ass who has never had a job.

Keep the military and fire the rest of government.

Be thankful for what you have. You are correct many people abuse the system. There are some that have a family , and have fell on hard times. I know you work hard brother, it will all work out , and payoff in the end.no worries.

 

[Catatonic]

im more concerned about dumb people who are wrong.

and it wasnt just chomsky i was quoting. so if you want to write him off go for it.

Here's who actually owns the stock market
Of the $22.8 trillion in stock outstanding (not including US ownership of foreign stock and stock owned by "pass-through entities" such as exchange-traded funds), retirement accounts owned roughly 37%, the most of any type of holder.

im more concerned about dumb people who are wrong.

You are the one that looks dumb by continuing to post that 92% of the stock market is owned by the top 20%.
In your own words ... Dumb!

 

[rickyb]

this is US wealth distribution. i have a hard time figuring out why stocks would be THAT much different.