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Thread: Republicans have no answer to this simple chart

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    Default Republicans have no answer to this simple chart

    This chart summarizes the economic history of the US workers since the Republican tax cuts for the rich, showing how it began giving all new economic growth in the rich for decades now, causing our record inequality.

    http://www.delawareliberal.net/wp-co...oductivity.png

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    So it has nothing to do with the global economy, technological advances etc. it's simply a matter of tax cuts?

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    Quote Originally Posted by cawacko View Post
    So it has nothing to do with the global economy, technological advances etc. it's simply a matter of tax cuts?

    The global economy is important, but it hasn't changed the share of the economy that goes to workers. Technological advances are a big part of why productivity has kept increasing, but it hasn't helped the wealth created go to workers. It's about the tax cuts.

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    Quote Originally Posted by Craig234 View Post
    The global economy is important, but it hasn't changed the share of the economy that goes to workers. Technological advances are a big part of why productivity has kept increasing, but it hasn't helped the wealth created go to workers. It's about the tax cuts.
    Bullshit. Technological advancement has cut the need for manual labor. Tax cuts have nothing to do with it.
    Common sense is not a gift, it's a punishment because you have to deal with everyone who doesn't have it.

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    Quote Originally Posted by Craig234 View Post
    This chart summarizes the economic history of the US workers since the Republican tax cuts for the rich, showing how it began giving all new economic growth in the rich for decades now, causing our record inequality.
    I can hardly wait for the apologists to arrive and attempt to spin this to their advantage.


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    Quote Originally Posted by ThatOwlWoman View Post
    I can hardly wait for the apologists to arrive and attempt to spin this to their advantage.
    I don't expect they can. They might just make noise trying to distract and attack things.

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    Quote Originally Posted by Craig234 View Post
    This chart summarizes the economic history of the US workers since the Republican tax cuts for the rich, showing how it began giving all new economic growth in the rich for decades now, causing our record inequality.

    http://www.delawareliberal.net/wp-co...oductivity.png
    Expect nothing but excuses ... Facts don't matter to them.
    ONE-N-DONE, YOU GOT PLAYED; Time To Play-On
    Remember ... ELECTIONS HAVE CONSEQUENCES ... So STFU Bitch

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    I guess the facts scared them away.

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    Quote Originally Posted by Bourbon View Post
    Expect nothing but excuses ... Facts don't matter to them.
    I didn't realize geo-political events (a deveastated continent of Europe and Japan post WWII, China under Mao and the struggles in India), globalization and technology were just excuses and not facts.

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    Quote Originally Posted by Craig234 View Post
    This chart summarizes the economic history of the US workers since the Republican tax cuts for the rich, showing how it began giving all new economic growth in the rich for decades now, causing our record inequality.

    http://www.delawareliberal.net/wp-co...oductivity.png
    How does taxing the rich advantage the poor?

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    Quote Originally Posted by Craig234 View Post
    This chart summarizes the economic history of the US workers since the Republican tax cuts for the rich, showing how it began giving all new economic growth in the rich for decades now, causing our record inequality.

    http://www.delawareliberal.net/wp-co...oductivity.png

    I am not a republican but you are ignoring that this gap started with the enactment of the earned income tax credit and has been widening as that program has expanded and more credits have been piled onto the heap that remove wage pressures by shifting the costs onto the government. It isn't simply a tax cut phenomenon. The democrats have been 100% on-board subsidizing wages, and it why union membership has significantly declined--no need to join a union when the democrats are there to make you more comfortably poor.

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    Quote Originally Posted by Craig234 View Post
    Republicans have no answer to this simple chart
    really?.....it isn't that complicated......its called automation.....if one man using a machine can do the work of ten men you can pay him five times as much and still double productivity per payroll dollar......

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    So based on the subject heading and responses in this thread the Democratic belief is if we kept taxes at WWII level we would have had the same economic success we've had over the past 70 years but there wouldn't be the inequality we have today regardless of geo-politics, automation and globalization.

    It calls for the "Are you serious Clark?" gif.

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    Default

    Quote Originally Posted by Craig234 View Post
    This chart summarizes the economic history of the US workers since the Republican tax cuts for the rich, showing how it began giving all new economic growth in the rich for decades now, causing our record inequality.

    http://www.delawareliberal.net/wp-co...oductivity.png
    so productivity increases by well over 100%


    BUT wages go no where



    thanks republican tax cuts for the wealthy

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