Individual Wealth Cap

a reply to: AugustusMasonicus

goalposts, the topic is the advantage.

ZERO COMMONERS.

ZERO.

originally posted by: idiotseverywhere
goalposts, the topic is the advantage.

Wrong. Just like your claim

ZERO COMMONERS.

ZERO.

Middle class is pretty damn common, by default it's the most common class.

a reply to: AugustusMasonicus

financial mobility is not a 'meh' measurement here. it's the entire point.

Unless they were BORN with MILLIONS, they almost NEVER get BILLIONS.

The game is STILL OVER by the time they are BORN.

5 million, and you're never even needing to work?

too low.

a reply to: idiotseverywhere

Let me remind you, this is what you said:

originally posted by: idiotseverywhere
...75% of Billionaires were Born that way...

This is 100% incorrect as proved by your own source. Nice try.

a reply to: AugustusMasonicus

do I quote where I said it was ancedotal already, or give you clear context that it's anecdotal.

Ok I'll spell it out


75% of Billionaires were Born that way...(Already established very well into the path of Wealth.)

originally posted by: idiotseverywhere
75% of Billionaires were Born that way...(Already established very well into the path of Wealth.)

Wrong. At best it's 21% but it's likely lower based on your 23 year old data.

a reply to: AugustusMasonicus

21% were literally born a billionaire, an additional 40% were born millionaires, this detail is so important, you might as well stop caring if you ignore it.

At best 35% had the same conditions as 'normal people' (you know, the point), and that's still being insanely over gracious to many instances. AKA they were 'lower middle class' lol, not even actual poor.

the report describes these stages as effing 'bases' like jesus bridge the gap here

more money = better chance

When I was a kid, my parents taught me not to be jealous and envious.

a reply to: butcherguy

if you're not a kid anymore and talking about your parents, well

clearly you don't have kids.

a reply to: idiotseverywhere
Clearly you are uninformed.
I have 4 children.
I still talk about my parents.
Don’t you?

originally posted by: idiotseverywhere
21% were literally born a billionaire...

There you go, now you got it. 21% is a nice number but it isn't 75% like you tried to run past us earlier.

a reply to: butcherguy

it's a veiled attempt to call you childish for literally talking about nothing relevant

also, I'd point out talking about my parents would still fit both conditions, making it not awkward either way

a reply to: trollz

You'd have to ask him. See, I don't care that he's got a net worth of 123 billion. It matters not in the slightest to me.

He's earned it, probably at some point he put in many, many hours building his business, finding customers, etc...

I don't begrudge him his money.

...Nope, he can't take it with him. But he's got kids, no doubt. Or he'll leave it to charitable foundations, or some such thing. Or he won't.

I don't care what he does with it. He could give some to me, I wouldn't say no .

a reply to: AugustusMasonicus

oh, so I literally said 75 were born billionaires?

or do we revisit anecdotal round 3

you literally quoted me NOT saying what you are CLAIMING I said.

lets rehearse it one more time:
75% of Billionaires were Born that way

What does this mean? I believe in context, it's anecdotal for rich. And considering

21% + 40% of millionaires coming out to 61% of these individuals being born loaded is a fair assessment of the point of the statement. So unless you're oblivious to the entire conversation, I can not see how you would fail to see this.

originally posted by: idiotseverywhere
a reply to: butcherguy

it's a veiled attempt to call you childish for literally talking about nothing relevant

also, I'd point out talking about my parents would still fit both conditions, making it not awkward either way

Veiled attempt?
Weird attempt maybe.
My statement is relevant. Everyone here wanting to punish the rich are jealous of what they have and envy their wealth.

a reply to: Xcalibur254

Joining this party late and only read up to your post.
Not sure if anyone else has supported this but trickle down economics is a complete and utter fabrication.
It does NOT happen, it has NEVER happened and never will.

I personally think that the amount of money some people have amassed is morally obscene.
What is even more obscene is that only a small percentage of these uber wealthy do anything constructive with their obscene wealth other than use it to gain more.

Sure, some donate a small percentage or set up some foundation or other, usually as a tax perk or as a conscience easer, but the vast majority do relatively little of any good for society in general.
A very small number do try to use it for good and they deserve credit for that.

I'd like to think I'd use that sort of wealth for some common good....but I know that's never going to happen.

Having said all that I'm not sure limiting how much anyone can earn and amass is a good thing but limiting how much someone can inherit may be.

One things certain; there's no government I've lived under or observed from a distance in my lifetime who I'd entrust to use that sort of money wisely....it's a bit of a conundrum really.

originally posted by: idiotseverywhere
oh, so I literally said 75 were born billionaires?

Yes, you did. Here is your full post:

originally posted by: idiotseverywhere
and let me know when it dawns on you 75% of Billionaires were Born that way, so this still just happens anyway. It would make more sense if they were all selfmade to stick up for them, but who are you kidding?

It's okay if you're confused, it happens.

a reply to: AugustusMasonicus

I'm sorry, is this you yet again, with even more context attempt to claim what I said is literal?

Focus Augustus, you can do this, read only the last sentence.

Seriously, don’t sweat it. They, he, clearly understands what you meant. But when it comes to the “game of arguments” they act like #ing morons when attacking what you say. It’s not genuine conversation and open dialogues, their only goal is to make you look like a stupid fool for daring to have a different opinion than they do.

I mean, for Christ’s sake, half of them truly think trump is a genius. Imagine the mental gymnastics they have to go through to hold that belief. In view of that, nothing reasonable that you say will make any difference. It’s like their super power is obtuse denialism.