Republicans have no answer to this simple chart

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


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.
 
Craig234 said:
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.
Click to expand...

Bullshit. Technological advancement has cut the need for manual labor. Tax cuts have nothing to do with it.
 
Craig234 said:
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.
Click to expand...

I can hardly wait for the apologists to arrive and attempt to spin this to their advantage.

 
Bourbon said:
Expect nothing but excuses ... Facts don't matter to them.
Click to expand...

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.
 
Craig234 said:
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-content/uploads/2012/05/productivity.png
Click to expand...


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.
 
Craig234 said:
Republicans have no answer to this simple chart
Click to expand...
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......
 
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.
 
cawacko said:
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.
Click to expand...

Owl, Bourbon... thoughts?
 
cawacko said:
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.
Click to expand...

Owl, Bourbon... thoughts?
 
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