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13th October 2012, 09:09 AM
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Reps: 235,065,760,910,675,136 (power: 0) | | | Who REALLY Cares About the Poor?
Who Really Cares About the Poor? Townhall.com ^| October 15, 2012 | John C. Goodman Capitalism favors the rich. Socialism helps the poor. These are core beliefs of almost everybody on the left, including our president. Ah, but it turns out that this worldview is completely wrong. Economists associated with the Fraser Institute and the Cato Institute have actually found a way to measure "economic freedom" and investigate what difference it makes in 141 countries around the world. This work has been in progress for several decades now and the evidence is stark. Economies that rely on private property, free markets and free trade, and avoid high taxes, regulation and inflation, grow more rapidly than those with less economic freedom. Higher growth leads to higher incomes. Among the nations in the top fifth of the economic freedom index in 2011, average income was almost 7 times as great as for those countries in the bottom 20 percent (per capita gross domestic product of $31,501versus $4,545). What about the effects on the poorest citizens? In the 2011 report, the average income of the poorest tenth of the population in the least free countries was around $1,061. By contrast, the poorest tenth of the freest countries' populations earned about $8,735. If you are poor, it pays to live where capitalism is less hobbled. What about equality of incomes? As it turns out there is almost no global relationship between the distribution of income and the degree of economic freedom. But in a way, that's good news. It means that the rich don't get richer and the poor poorer under capitalism. Everybody becomes better off.
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Read more for the following excerpts are found there: That's why almost half the population doesn't pay any income tax at all.
Under Republican policies we are likely to have less poverty.
The poverty rate would be lower today than it actually is! This adds to a wealth of evidence that the welfare state is subsidizing poverty, not eliminating it.
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13th October 2012, 09:12 AM
|  | Stick with the King!
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Reps: 119,200,093,070,850,304 (power: 119,200,093,070,874) | | | So those countries grew more then china?
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"I love Alex Jones. He's like every insane theory or conspiracy that has ever existed distilled and given human form. I like to think that if the Internet were allowed to collectively raise a child, this is what would result." - Rion
"It's what our founding fathers would have done if they had founded corporations instead of just a country" - Steven Colbert on superPACs |
13th October 2012, 09:22 AM
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Reps: 4,508,799,956,515,636 (power: 4,508,799,956,516) | | | But under republican policies we have had 13 of 14 recessions. We do need rules and regulations to prevent greed from running wild. Greed is what cause the recession and we need laws for the lawless. Less restrictions would work in a nation where people would choose to do the right.
I think it is more about us as Christians turning from our wicked ways and seeking God more than who is in office. BTW I am for Obama, over Romney any day. I don't think it was capitalism that made this nation great. We will not have righteousness to exalt the nation unless we get the unsaved saved. |
13th October 2012, 09:29 AM
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Reps: 235,065,760,910,675,136 (power: 0) | | Originally Posted by Vylo  So those countries grew more then china?
Have you never looked into the " Capitalist Revolution" in China?
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13th October 2012, 09:37 AM
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Reps: 235,065,760,910,675,136 (power: 0) | | Originally Posted by trelis But under republican policies we have had 13 of 14 recessions. We do need rules and regulations to prevent greed from running wild. Greed is what cause the recession and we need laws for the lawless. Less restrictions would work in a nation where people would choose to do the right.
I think it is more about us as Christians turning from our wicked ways and seeking God more than who is in office. BTW I am for Obama, over Romney any day. I don't think it was capitalism that made this nation great. We will not have righteousness to exalt the nation unless we get the unsaved saved.
Agreed...we must stop greed but suggest you consider the other side of that coin. Greed to make more vs. greed to take more because it is "owed" them.
Agreed...Christians, actually, all people should turn from wicked ways.
Our nation operates on a capitalistic basis. It has made America...what America is.
I must ask, as you say "I am for Obama" as you speak about being Christian, did you see the Democratic Convention? Are you familiar with their platform? Gay marriage
Abortion
The elimination of God and Israel
Are you familiar with what has happened for the past few years...the huge deficit, the out of control spending, the borrowing from China in order to spend? Things to think about my Christian friend.
editing in....I just saw, " I have never understood why it is 'greed' to want to keep the money you've earned, but not 'greed' to want to take somebody else's money." - Thomas Sowell 
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Last edited by 1whirlwind; 13th October 2012 at 11:33 AM.
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13th October 2012, 10:03 AM
|  | Fisherman
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Reps: 4,930,250,490,937,984,000 (power: 4,930,250,490,938,008) | | Originally Posted by trelis But under republican policies we have had 13 of 14 recessions. We do need rules and regulations to prevent greed from running wild. Greed is what cause the recession and we need laws for the lawless. Less restrictions would work in a nation where people would choose to do the right.
I think it is more about us as Christians turning from our wicked ways and seeking God more than who is in office. BTW I am for Obama, over Romney any day. I don't think it was capitalism that made this nation great. We will not have righteousness to exalt the nation unless we get the unsaved saved.
Since you brought it up, as a Christian, do you endorse Obama's position on abortion and gay rights? Do you support a party who took God out of the party platform initially at the DNC?
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13th October 2012, 10:23 AM
|  | iEdit
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Reps: 28,719,570,832,414,820 (power: 28,719,570,832,426) | | | Since when do we have a straight-up capitalist economy? |
13th October 2012, 11:04 AM
| | Sanctimonious Crackpot
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Reps: 469,308,985,514,171,648 (power: 469,308,985,514,186) | | Originally Posted by Chajara Since when do we have a straight-up capitalist economy?
The way I look at many problems changed when I read a 1987 story in either Time or Newsweek concerning gun violence in America. The story purported to expose the seriousness of the 'gun problem', but the authors unwittingly published not only statistics but case histories as well. Even a cursory examination of these individual stories revealed that there was no real gun problem (then, or now for that matter).
Regarding the 'poor', I want to see the case histories, not just the statistics. |
13th October 2012, 12:41 PM
| | Stick with the King!
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Reps: 119,200,093,070,850,304 (power: 119,200,093,070,874) | | Originally Posted by 1whirlwind Have you never looked into the "Capitalist Revolution" in China?
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Have you looked into the freedoms in china? And human right abuses?
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"I love Alex Jones. He's like every insane theory or conspiracy that has ever existed distilled and given human form. I like to think that if the Internet were allowed to collectively raise a child, this is what would result." - Rion
"It's what our founding fathers would have done if they had founded corporations instead of just a country" - Steven Colbert on superPACs |
13th October 2012, 12:49 PM
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Reps: 41,757,257,474,659,248 (power: 0) | | Originally Posted by 1whirlwind Who Really Cares About the Poor? Townhall.com ^| October 15, 2012 | John C. Goodman Capitalism favors the rich. Socialism helps the poor. These are core beliefs of almost everybody on the left, including our president. Ah, but it turns out that this worldview is completely wrong. Economists associated with the Fraser Institute and the Cato Institute have actually found a way to measure "economic freedom" and investigate what difference it makes in 141 countries around the world. This work has been in progress for several decades now and the evidence is stark. Economies that rely on private property, free markets and free trade, and avoid high taxes, regulation and inflation, grow more rapidly than those with less economic freedom. Higher growth leads to higher incomes. Among the nations in the top fifth of the economic freedom index in 2011, average income was almost 7 times as great as for those countries in the bottom 20 percent (per capita gross domestic product of $31,501versus $4,545). What about the effects on the poorest citizens? In the 2011 report, the average income of the poorest tenth of the population in the least free countries was around $1,061. By contrast, the poorest tenth of the freest countries' populations earned about $8,735. If you are poor, it pays to live where capitalism is less hobbled. What about equality of incomes? As it turns out there is almost no global relationship between the distribution of income and the degree of economic freedom. But in a way, that's good news. It means that the rich don't get richer and the poor poorer under capitalism. Everybody becomes better off.
_____________________________________________________
Read more for the following excerpts are found there: That's why almost half the population doesn't pay any income tax at all.
Under Republican policies we are likely to have less poverty.
The poverty rate would be lower today than it actually is! This adds to a wealth of evidence that the welfare state is subsidizing poverty, not eliminating it.
.
Just one question:
Is this why millions and millions of American jobs have been sent to China by CEO's of AMERICAN CORPORATIONSover the last several decades? | | |
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