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CBO: Income Inequality Not Getting Worse

Discussion in 'Political Debate & Discussion' started by carpro, Jul 23, 2012.

  1. carpro

    carpro Well-Known Member

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    http://www.breitbart.com/Big-Government/2012/07/22/CBO-Income-Inequality-Not-Getting-Worse

    CBO: Income Inequality Not Getting Worse

    There has been a lot of class-warfare talk from Barack Obama and his cohorts in the media (and Bane, in The Dark Knight Rises) that either intimates or baldly states that the rich are getting richer, the poor poorer, and the gap between them is ever-widening in America. In addition, talk has been bandied about that the rich pay less taxes than the rest of Americans.

    But according to a new report from the Congressional Budget Office (CBO), neither of these leftist canards is true.
     
  2. carpro

    carpro Well-Known Member

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    Socialists like Obama seem to be accomplishing their goal.

    Equal misery for all.

    But it's not miserable enough yet. He has to keep trying.
     
  3. billwald

    billwald New Member

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    Does anyone think the 1% has changed their spending habits because of the recession? How many yachts does a person need or want?
     
  4. carpro

    carpro Well-Known Member

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    Try to stay on topic.

    It's about income, not spending.


    However...A 36% drop in income would certainly put a crimp in my spending. How 'bout you?
     
    #5 carpro, Jul 23, 2012
    Last edited by a moderator: Jul 23, 2012
  5. billwald

    billwald New Member

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    If I spent less than 20% if my income a 50% decrease would not change my spending habits.
     
  6. billwald

    billwald New Member

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    That didn't print well. If I only spent 20% of my income a 50% cut in income would not change my spending habits. Why should it?
     
  7. carpro

    carpro Well-Known Member

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    :laugh:

    Life must be miserable for a liberal.
     
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