Wow. 72. Thanks for pointing that out. My daily new knowledge. Even more impressed with John now. I guess I should have realized this since I've seen him on tv most of my life.
@@elsagrace3893 I think to some extent it is. Focus on you and your shit, try and make yourself a future and some money. a lot of people focus too much on others and their success, when it's irrelevant. Nobody is the same, so why compare?
@@TheNovaks47 It sure is! But I think it can be a good motivator as well, it all depends on where you're putting that energy, don't put it into being upset and just wanting what someone else has, put it into working to get your own better things!
My son has a friend in denver, she came here legally. Could barely speak english, nary a dollar to her name. 7 years on, she owns 4 food trucks, opening a restaurant, speaks english very well. People now pay her for consulting on food truck businesses. Dont tell me poor people stay poor because of the system. It's all bullshit. You can succeed if you want to.
With a little luck of course, because not everyone even has the ability to take out a loan for a food truck. In the area that I live in, food trucks would be an awful investment, but it happens a lot in New York, so what you’re saying is that she had a situation and took advantage of it. Now look at someone immigrating in the same situation, but to a suburb near a large city. Don’t tell people that they can “Succeed if they want to”, because it really isn’t that easy if you’re in such a low and vulnerable spot.
By far and away this is the most even playing field in the whole world the United States of America. And that's why people are illegally trying to bust in. We need to fix the Border or the cow does. here are the top 10 things you need to do to succeed in this country or frankly anywhere. 10 things for success Ten things to be successful Here are the rules to success in America 1. Get a great education- a really good one- go back and get even more education. 2. Don't have babies cuz you want someone to love you...Stop having babies- put a condom on it. Stop having bastard children who die early but not before the kill, drug, rape, and ruin other's lives. 3. Speak the Queen's English. No ghetto or redneck. Speech is important! 4. Surround yourself with successful people and act like you care and are interested and motivated- take them to lunch. 5. Do Not - repeat Do Not commit a crime- felonies will F yourself in getting work during your whole life. 6. Practice the Golden Rule. Love each other, help each other. 7. Stop with the drugs-selling, using, transporting. Has to end! 8. Have a good grill- Teeth. Get them fixed! 9. Act like you have some sense in making good decisions.☆☆☆ 10. Pull your F'ing pants up! Although it is funny when you run from the police with your pants down at your knees. Face tattoos and piercings tattoos in general just not a good idea.
@@tigerguy009gaming3 you're missing the point bud this is a land of opportunity and yes you might invest in the food truck and fall flat on your face. And then you go on to the next thing and if that doesn't work you go on to the next thing and you go on to the next thing and guess what you learn something every time you fall flat on your face. Every entrepreneur will tell you this and then eventually guess what you hit the mother lode it's life man
@@tigerguy009gaming3 10 things for success Ten things to be successful Here are the rules to success in America 1. Get a great education- a really good one- go back and get even more education. 2. Don't have babies cuz you want someone to love you...Stop having babies- put a condom on it. Stop having bastard children who die early but not before the kill, drug, rape, and ruin other's lives. 3. Speak the Queen's English. No ghetto or redneck. Speech is important! 4. Surround yourself with successful people and act like you care and are interested and motivated- take them to lunch. 5. Do Not - repeat Do Not commit a crime- felonies will F yourself in getting work during your whole life. 6. Practice the Golden Rule. Love each other, help each other. 7. Stop with the drugs-selling, using, transporting. Has to end! 8. Have a good grill- Teeth. Get them fixed! 9. Act like you have some sense in making good decisions.☆☆☆ 10. Pull your F'ing pants up! Although it is funny when you run from the police with your pants down at your knees. Face tattoos and piercings tattoos in general just not a good idea.
@everydayidie alilmore tell me what the problem is? It would be nice if the person would have been fluent in English to start with the God bless her she learn English faster self and became a success I don't see what point you're trying to make
"One can't be punished for being good." Case in point: Donald Trump, who may actually be worth some of the billions he claims. Does he live in gaudy gold splendor for "being good?" Or was he handed $500 million by his daddy, stiffed virtually everyone who ever worked for him, laundered money, stole from charitable funds, swindled his victims out of millions? Thinking that people are rich because "they're good" is a naive, childish view of the world.
@@SaintlyCitySue Doesn't his dad deserve to see his son happy? His dad earned it the hard way, and Trump has overcome all of his failures and actually is a good investor.
It’s a privilege, not a right. Takes an investment of time spent trimming and combing. Not all mustaches are equal. His doesn’t take away from yours, which can only get so short.
@Hans John Stossels personal youtube channel is a propaganda foundation? Even you can't validate your claim that nobody on the left has ever said it, it's literally impossible for you to know this fact. You're stupid my boi, very stupid.
@Hans You have my interest, I do not say this to be an asshole, but please provide me something to read with studies that supports your words. I enjoy broadening my view and learning more.
The fact is capitalism works. crony-capitalism (the u s and the government) doesn't! The middle class is getting smaller (going into poverty) because of regulation and taxes and corporate control of the government. This is the land of the FEE and home of the taxSLAVE. Get your facts straight.
Knowledge is useless without critical thinking skills and logic. Stosshole 'informed' you, but the biased idiocy in which he presented it was blatant and outrageous. His moronic argument "while the rich get richer, the poor get richer as well" is laughable. I wouldn't characterize the addition of $10/year to my net worth as 'getting RICHER' while those *actually* getting richer are adding hundreds of millions a year to their net worth. A suck-cess-fool country isn't made by giving the vast majority of assets and political power to a tiny fraction of the population, and the remainder of the population are peasants by comparison. Ask Greece how that shithole system worked for them. The U.S. implementation of Crapitalism is chock full of distortion and unfairness. For one tiny example, ever heard of corporate welfare? Why should society pick up the tab for all the welfare benefits we have to pay Walmart employees because the mega billionaire jackhole Walmart family won't pay a living wage. So all our taxes have to go up because those fucking assholes want more money for themselves? How about the college admissions fraud, where wealthy ayholes buy their little idiot into Harvard, Yale, Stanford, USC, MIT, ..., ..., Why should these human garbage ayholes get to shove out a poor kid and replace their spot with their own kid by bribing the college with a new building, a "donation," the payoff of a coach to call their kid a 'recruit', ... Shitmerikkka desperately needs a purge. A free day per year where the peasants can kill all the 1%'ers they want. I'd ship in a few thousand ISIS suicide bombers and let em run wild in Beverly Hills, the Hamptons, etc. It's way past time to cull the elite trash from society.
Dude owns MULTIPLE homes and wants to talk about socialism where only the officials are rich enough to do that. Of course he would be one of our officials if we became socialist and would grow even richer off the money drained from the citizens if things were to go his way.
He's almost 80 years old and been married to probably 50 or 60 years. If you have an accumulated a million dollars worth of assets are more by then then you completely did something wrong. Never understood the he's rich statement. You don't even have to try hard and you're going to have a million dollars if you have at a steady income for 50 years and an above-average one at that. I also doubt you're going to find anybody who is a serious candidate to be president who doesn't have few millions of dollars in net worth just not even realistic.
@an Individual ridiculous argument. His net worth is compared to others seriously running for president im willing to bet it's very low. Either way there's absolutely no way he could have got to the position that he's in right now or also go forward with trying to implement the ideas that he wants without having the resources to do so and like it or not those resources are money. This is 2019 not 1819 and way world works. With that said once again his finances are actually unimpressive for a man of his age, stature and the power positions he's been in for past 40 years. Plus if we actually looked deeply at every presidential candidates lifestyle and compared it to the things that they were saying it be laughable that's why entirely pointless. I'm not even voting for Bernie but this is the lamest argument I've consistently heard about any presidential candidate and it has absolutely no bearing on anything as things are way more complicated than this simple way of thinking.
Economic inequality leads to crime and social unrest if it grows too large. It is in everyone's interest, especially the rich, to make sure that inequality does not become too great. Nobody likes socialist revolutions or gangs looting.
@@niklasmolen4753, the answer to looting is not punishment of success. The answer to looting is punishment of looters. We can't let jealous bitches ruin the economy.
To be more precise, I think, inequality has more than one meaning in different situations. "Inequality" in the sense of being treated unequally as someone else under the same situation for unfair reasons, that is bad. So for instance, a woman runs a man over with a car, and is shown leniency. But a man runs a woman over with a car, and they throw the book at him. That is inequality. And that is a realistic depiction of the way things are. And it's NOT a good thing.
@@jimziemer474 Yeah yeah It will be best if can received all those fools money with my suck ass product/service that didn't bring any value to their life. Sadly, i must produce one that's really benefits them so that they're willing to give their money to me willingly ;(
Moreover, billionaires know how the financial system works, so instead of working too hard, they work smart and know how to divide their energy properly
Inequality is innate in society. To quote Jordan Peterson: "Don't compare yourself to someone else, compare yourself to who you were yesterday." In addition, a quote from Thomas Sowell: "You're not even equal to yourself. People have good days and bad days."
Jono 84 comparing may not be a choice you make. Maybe you’re flying, you see passengers in First Class lounging about as you approach the curtain - then it is slammed shut. You go back to your tiny seat between the Sumo wrestler and the unwashed hippie. Hurts don’t it?
@@shawnyork9916 Hear, hear! In my case, I walk 3 km to school DAILY & another back to my apartment! That's how I beat the daily heavy traffic here, & that's also how I slap (figuratively) those so-called 'environmentalists' in my campus who don't even take the commuter jeepneys that ferries passengers in the campus but ride on their cars! I don't consider myself to be a poor person financially. But as a person who lives with people with lesser material wealth than me, to be -- at least -- disciplined with my spending & spending only whenever necessary already makes me richer without having to be badmouthed by others because I have some & they don't!
As I get older I find that I’ve been poor most of my life due to poor money management, not lack of income. If you want your children to be rich, give them knowledge, not money.
I can vouche for what you are saying. I was poor because of my choices on how I spent my money. I was given knowledge of money and I chose to ignore it. I suffered because of it.
Wow you must be the most spoiled person ever. How about working on less than $30,000 for a year and tell me all about how it wasn't a lack of income. You poor thing 🤣🤣🤣
Agreed, teach kids how to invest, save money long term, improve your health, and learning on your own; Most parents are lazy and just plop a kid an iPad to have them play games while they engage in their boring life, and then they complain the school isn't doing enough to help their kids.
Absolutely. I’ve been reading every book of his I can get for the last few months. I’ve never learned so much in my life. It makes me angry, though, that the arguments and policies that he has completely destroyed are still trotted out day after day.
I don’t know how sowell stays sane. He’s been debunking the same nonsense for over 40 years and the people that need to listen to him don’t even know his name.
As a broke 23 year old, I love billionaires. They may not spend their private money in ways that I agree with, but they create corporations that produce quality products that allow me to continue surviving and thriving without much money. I work full time and am about to pay off the last of my debts, so I'm a very happy camper and hope that someday I myself may be able to run a successful business.
Nature is unequal and has been since the dawn of time. Winters where I live are colder than they are in other places, that's not equal. Lots of plants won't grow where I live, that grow elsewhere, that's not equal. Lifespans for pet dogs aren't equal, some die sooner than others.
ever wonder why and how humans became the dominate species of this planet ? this argument about nature and natural things have nothing to do with conscious beings. It doesn't purposely snow more in a specific area because it wants too, its a natural occurrence. People hoard money (resources) because they want too, it is not a natural, if it was we would have been went existent.
But it's the same nature that has put notions of justice, equality and morality onto our minds. Deep down inside we don't want anybody to suffer or live in poverty. Isn't it nature that put inbuilt these ideas onto our mind.
I had a conversation with a poor person a few days ago. She was complaining that the world is so unequal. I told her to compare her and I. She smokes weed every day and works as a nurse like 2 days a week. I work ~50 hours a week as a data scientist, complete 2 weeks worth of courses every week, read research papers weekly, spend time brainstorming (and sometimes implementing) business plans with friends weekly, and I completed a master's degree in mathematics at the top university in the world and I did it all on my own accord with no funding from family. I asked her "Why do you think you deserve to be equally paid when you don't do anything in your life?", to which her response was that maybe she doesn't but there are other people that deserve it. I think the leftists believe that there's always someone worse off and they should benefit off of the coattail of that person. It's absolutely disgusting how some people think they deserve equality when they don't even give equally. You get what you give in life.
If you went to a top college in U.S. you were subsidized. Tax payers voted for college funding You didn't do of your own accord. Most advanced degreed professionals know how colleges are helped so students don't totally foot the whole bill.
The moment you said leftists you lost credibility. A nurse has a range of value based on service provided. RNs should get equal pay. Lvns get equal pay. Cna should get equal pay. They work hard. You should get paid less since you believe in inequality.
@@rn55676 Clearly, his one source must have been surely wrong but yours cannot. Especially since inequality is as easy to unambiguously measure across instances (countries) as the length of a car.
@@rn55676 Here are the 10 countries with the highest wealth inequality: Netherlands (0.902) Russia (0.879) Sweden (0.867) United States (0.852) Brazil (0.849) Thailand (0.846) Denmark (0.838) Philippines (0.837) Saudi Arabia (0.834) Indonesia (0.833)
@@zorzobukumica628 you can thank the politicians for that pal. If it was up to me I would have all those banks and corporations that couldn't survive fail. Also rich people do pay taxes, even way more. Although I do admit the some rich people do find loopholes i.e. donating charity or in this one case where a famous musician raised bees so now he gets tax exemption. All this is possible because you guessed it... Politicians
@@monkey-bananas2890 i don't blame rich. i would not paying taxes if i can use bad tax system, too. yes, blame politicians, but who voted them back? who voted the same f**ng parties over and over?
I've been at the bottom my whole life. If you are jumping through government hoops to 'get by' there is little time to climb out of the hole you are in. Some people are content to stick with a job that barely provides enough to get by (especially food service). Servers generally make just enough in tips to live comfortably. However, nothing gets set aside for the future and eventual retirement. Manufacturing jobs have slow mobility, but only if you stay with the same company or have great things to add to your resume. Squirreling away more for your retirement and living on a budget is the way to go. Pick up job and equipment certifications whenever possible. Don't rely on government to get you out of your own hole, climb out on your own. Being in debt to another especially the government is going to cost you in the long run.
@@gregoryeverson741 Did food delivery as well. had to deliver food to a lot of businesses at lunch/diner. $25 a pop, even McDonald's and Starbucks are cheaper. I've been on both ends of that transaction. Lunch meat (or a fried egg sandwich) for breakfast and frozen dinners for lunch helps some. However, if you can get away with even putting $25/week in a savings account it starts to really add up in the long run.
@@brkbtjunkie Unemployment or underemployed generally means food stamps or unemployment and Voc-Rehab. Bureaucracies are not there to make paperwork or getting help easier. They are there to get a completed paperwork and say no to anyone they can. Rules must be followed chapter and verse. You will wind up playing ring around the rosy with several lines occasionally just getting paperwork done in the proper order. Or, you will be told you are in the wrong line/division because you don't know the correct wording to ask for for what you need.
I wish that this was the most viral channel. These facts need to be seen by everyone. Thanks Mr. Stossel for your no nonsense always educational information.
John is such a great man. I love that he does this. He's like the only level headed investigative journalist who doesn't cower to the demands of the politically loudest.
He caved a long time ago. He used affirmative action to work for cbs. He spoke of employee rights and protection..now he speaks against the programs that got him into journalism...speaks against people getting help the same way he got helped. Crabs in a bucket mentality.
Tim Pool is good but he needs to talk to John about his economic beliefs. He has a lot if integrity and is honest though. I recommend him to everyone, especially people just getting into Independent media for their news.
Honestly, no. Your hard work and comfortable life are yours now. However, showing gratitude for the opportunities and advantages you now enjoy would necessarily involve giving back to those in need (not leeches). However, you should never ever be compelled to give of your sustenance, but giving back willingly would be a testament to your character.
And I do. That doesn't mean that I should be required to pay 70% of my income so that people unwilling to work can live a life of leisure at my expense.
The one thing many fail to mention when it comes to trickledown economics is how the rich pay less % in taxes. Many companies pay 0 taxes. Not to mention the fact wealthy people are able to invest most of their money at low tax rates while poor people living paycheck to paycheck are unable to save and receive the same benefit. As a lower income self employed business owner I paid nearly 1/3 of my income towards taxes while rich people pay less. That’s what I consider to be unfair. I’m not condoning socialism, I just think the super rich should pay more to help the poor have a better chance of getting ahead. At least Trump’s tax break allowed me to pay less in taxes for the first time ever.
In general, poor and middle class Americans have less spending power then they did 40 years ago with a decreased standard of living. This is what is meant by the poor get poorer. All statistics will reflect this.
Exactly... I'd also like to see where he gets his statistic on 3/4 of all Americans making it to the top 20% in their lifetime. It also doesn't consider factors like the increase in the cost of housing or the fact that the cost of attending college is increasing almost 8 times as wages. Wouldn't that factor into upward social mobility, and what about those who fail to do so and are left with inordinate amounts of debt for trying? source: www.forbes.com/sites/camilomaldonado/2018/07/24/price-of-college-increasing-almost-8-times-faster-than-wages/#34aeb1d66c1d Also, the level of inequality makes a big difference. Communism is naive to think a lack of inequality would work due to a lack of incentive, but isn't having no limits on economic inequality just as naive? Doesn't it lead to consolidation which hurts the free market? At what point does it erode the consumer base the market depends upon? The majority of growth after the 2008 housing crisis went to the 1%; for 99% of Americans, there was no recovery. What about the fact (when you bother to factor in debt) that the top 0.1% now roughly own the same amount of wealth as the bottom 90%? source: www.theguardian.com/business/2014/nov/13/us-wealth-inequality-top-01-worth-as-much-as-the-bottom-90 At what point can we admit that debt is out of control? At what point can we admit the inequality is too much and is a threat to the entire system? 95%? 98%? 100%? Why can't we have a nuanced discussion on the subject, instead of people just blindly accepting communism, socialism, or capitalism? Why can't we point out where the system is not working without being called a dirty commie?
An aspect that he ignores is the disparity that wealth creates when it comes to schools and funding. Not to mention the undue influence in politics that wealth creates.
@@mrcat3493, and also how that money corrupts the entire process. Much of the time an industry can write legislation themselves, and then lobby politicians to pass it, allowing them to regulate their own industries. Or another good example for education is the influence Rockefeller and Carnegie money had on our education system... James Corbett covered this in depth in a few videos. Rockefeller helped create the chemical pharmaceutical industry's dominance over homeopathic medicine, while he himself saw a doctor who practiced homeopathic medicine until he died. Someone like Bill Gates helped get common core into our public schools while making sure his own children attended a private school that was against it.
You have access to a cell phone. Yes you can be rich. Henery Ford said. Take everything I own. Take my companies, properties a d possessions. Leave me a phone. I'll have it all back in two years.
@@strangelyukrainian7314 what I find funny is that most of these billionaires were just ordinary people who had an idea and put time and effort into it. They have faced a lot of hardships and had endured to reap their rewards.
"Rich get richer, poorer get poorer" "Middle class is dying" I don't know about the poor getting poorer, but the rich are getting richer and the gap is definently increasing and its due to the need of learning new skills. Some people just think they are entitled to their way of life and not need to learn new technical skills to set them apart.
In Cuba, there is free healthcare, free apartments, and most people earn less than $50 a month. Doctors and lawyers earn maybe $70. You should see it! Parks that are fenced off that used to be beautiful. People sitting around in the town square. Places that used to be beautiful homes that now house the free apartments and that are deteriorating. That’s what happens when people think the government will even things out for everyone. It’s worse than any other place that I’ve visited.
-As an ex-communist Cuban Pionero (communist youth) who escaped that socialist hell hole in 1980 in the Mariel Boatlift, on an overloaded fishing trawler with 300 people puking all over the place, I say it does not matter what these leftists call their (sarcastic) new and improve socialist flavor now adays, aka "democratic socialism," "social program," etc etc etc... First~! This Capitalist Republic we call the United States of America (as it is!!!) is the best thing there is! Period! -NO other socio-political-economic system can come even close to the great opportunities we ALL have here in our nation to succeed! -Regarding socialism, (like Lenin said), "the Goal of Socialism is Communism!!" For once you go down that road of allowing the government to make more and more decisions for you, and to take more from you to quote "help "others," your personal AND financial freedoms begin to disappear!!!!! Helping people MUST come out of your giving heart individually, and NOT because a bureaucratic government takes from you by force. That is what Yeshua taught BTW!! --Now!!! if you are in trouble in your personal life here in the United States, it is because somewhere in your life YOU screwed up! Do not blame the country! Look at your life and see what in the hell YOU are doing wrong! -If this "Marielito" has been able to do it nicely, and ended up "very well off," with a paid-for home here by the Chesapeake Bay, ANYONE of you BORN here, with ALL the advantages that entails should (at least) do as well as I have done, specially 38 years after I arrived on these shores escaping one of the worse leftist totalitarian regimes on the planet, with NO money, NO one we knew, NO knowledge of English, NO home, NO cultural connections to this nation... nothing! My family and I had to start all over again! So NO, no excuses! YOU are doing something wrong, and a big-daddy-government is NOT going to fix your life! -America is about Self-Reliance, Small-Government, Personal-Liberty, and Capitalism, if you don't like it, go to Venezuela or my former nation of Cuba, (sarcastic) you will love the big daddy government there! -So get off the socialism wagon, and return to Earth, kiss the American Capitalist ground you are on, and thank your lucky stars for having had the immense luck of being born an American. Millions of people in the rest of the world will trade a body part, and even risk their lives for the chance to live in this Capitalist Republic... I know, I was one of them! Signed: Luis T Puig, ex-communist Cuban Pionero (communist youth in the Cuban school system, like ALL kids are forced to be there by the communist goverment), then Mariel Boatlift communist Cuba escapee (with my family at age 15) in 1980, then (after High School) MM1/SS, United States Navy Nuclear Submarine Force veteran, 20 years of service (1987-2008), Retired. www.amazon.com/Generations-Journey-Family-Throughout-Ages-ebook/dp/B00OLUQL4O/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=
i save 1000$ a year by not buying a new iphone, so i have saved 10K about, but i invested it, i own a flip-phone, plan is 20$ and i can text for free, edit, im not rich or better than any1
The rich have the advantage of failing as many times as it takes until something succeeds and that's why they get richer. Most people can only fail once at a big investment and then its back to working for the guy who comes from deep pockets or the guy who got lucky the first time.
@Real Napster : No, it's not. First, most people fail to define what, exactly, poverty is. The US Bureau of Labor Statistics, back in 2007 (I'm sure this may have changed since then), defined "poverty" as making $19,000 per year. They also found that merely graduating high school added $7,000 to that total. Moral of the story: Most people in America aren't poor, aren't poverty-stricken. Most people in America just don't make good money-making decisions, and don't have a decent financial education. You want to get rich? Stay out of poverty? Keep acquiring knowledge and learning, because hard work alone is not enough to succeed. Edit: No such thing as "inequality of opportunity." Why? Because everybody already has autonomy. Everybody already has the ability to choose their own path. Therefore, equality of opportunity already exists.
I work with a bunch of men from Fiji. Most had never driven a car, many lived on islands with no electricity or indoor plumbing. At 30 to 40 years old they moved to the US to work and live. Eventually they made it to the company I work for. Now imagine coming from a third world country to the US. Major culture shock right. Now imagine that you've never had indoor plumbing, electricity, or have even driven a car. Now again, imagine that you take a job with a company that expects you to not only drive a car but also to obtain a CDL with a tanker endorsement and a Hazardous materials endorsement within one year of employment. Not only that but they expect you to work 15 days in a row, 14 of which are away from your home, and 16.5 hours a day at that. They also expect you to run what can be complex equipment when you've barely done so much as turn the key to start a generator so the kids in a classroom can have a light or see a video for education. My crew lead is Fijian. He makes $225k+ a year. Both of my other supervisors are Fijian. They are both making well over $100k/yr. There are several other crew leads making the same kind of money, supervisors as well. All while you listen to able bodied and healthy young men and women cry about income inequality. So many legal immigrants find their way here and become incredibly successful individuals because they are used to having to work hard just to survive. Now they have a chance to turn that hard work into a comfortable life. I'm told quite often by my Fijian friends that anyone who grows up in the US is incredibly lucky and should be thankful... It's not always true but most people who become very rich have an incessant need to work very very hard. They put in so many hours that the rest of society enjoys free from work... They don't just go to college and then hold out their hand expecting money to fall from the clouds like raindrops like all too many do today. Yes there are some who never have to work hard but for most this simply is not true.
My niece makes 300k a year as a freight truck driver, trained by military. Her truck is leased. She only sees 15k a year. Her company leases her busted truck to her and takes most of her check back as profit. She's autistic and this company took advantage. Her history is just like many others. American companies are growing parasitic. People don't want to be business owners. They rather be respectable and community oriented. She is looking to live in a cooperative.
There is no wealth disparity There is a choice disparity You don’t want to become a doctor then you ain’t getting doctor’s money You despise trade job well they pay well so another disparity, etc …..
In this country, there is tremendous economic mobility and that mobility is upwards. That is one point my Micro, and Macro economics professor made sure she highlighted when I was in her course. She came to the conversation well equipped with multiple studies that had come up with conclusions supported by years of looking at who was in a particular income bracket, and comparing that bracket over a two decade span to see who remained and what the movement was. Hell of a good course.
There is only mobility for a limited number of people. Enough for smarter more talented individuals to rise off of their own efforts, but no amount of hard work and determination can move the majority of impoverished people anywhere meaningful. There are not enough jobs to be done that pay well, and the essential yet low paying jobs must be filled by someone. Although it does not solve problems, empathizing with poor people in this situation is far more honest than telling them they are worthless for not picking themselves up by their own bootstraps.
@@alhen9023 I never said anything about welfare. All it does is promote poor behavior from able bodied people. I was connecting economic position with work, and saying that even if everyone was to put 110% into their jobs, there would not be a place for everyone to rise to. Much like a class that is graded on a bell curve, the person ahead of you might only be 0.5% better than you, but they get the limited available position. Or mabey they just sucked up to the teacher on the right day of the week. Either way, mobility is always limited by the positions available.
@@tylersingleton9284 the job numbers in the usa are great right now. If you wanted to, you could ask for a raise and get it. If not, you could walk out of your job and find a higher paying one for the same labor somewhere else. People who think like you, probably think this isn't true because you're too intimidated or afraid to try this. It makes sense that gains gotten by risk are fairly earned.
Inequality is the most fundamental aspect of human behavior. People strive to get things and improve themselves continuously and to be better than other people in many aspects such as physique, money, better home, etc. If to strive for that prosperity is bad then there is no point in being educated to become a doctor or teacher or any highly skilled professional.
There are actually way more rich people than there used to be. 100 years ago almost all the wealth was split up between a handful of families like the Rockerfellers, the DuPonts, the Carnegies, etc., and most other people were poor. And not poor like modern poor. Poor like not knowing month to month whether you will be able to eat or pay your rent.
In the USSR workers proved they can do well without richmen, but richmen never could prove anywhere they can do well without workers. Hi from Kazakhstan!
*Is waking up and stretching. And I here Mr. Stossel say "people are saying inequality is bad"* *I then here a familiar anthem from a communist country echoing from somewhere...*
Families that have wealth protect that wealth....Marriages with rich people. Lawyers to protect lawsuits. Payoffs for problems to make them go away. Investment advisers to make money grow.
As a person who has a father with kidney failure as do myself, the closing statement roth makes is so true. Despite over the years of living a good neighborhood with an average income when both parents worked climbing towards almost 200k a year, to say we have “more” is a completely misleading mindset considering we have to GIVE SO MUCH MORE just to maintain our health and this condition hinders our ability to get a job. That is something we were both born with that is unfair, but thats how to world works. And the government has always looked at my family face value and never as 2 disabled people. When we had AHCA we didnt even receive subsidizes because my father was employed. Keep in my he doesnt share health insurance with us, he never has, and at the time of us getting this plan, he was in serious medical emergency and was on disability for a year. This healthcare plan didnt even have coverage for my doctor or a new doctor, I could have found out if I had FSGS earlier and could have avoided Renal Failure and Dialysis. Please please please, dont let these people fool you. All the bells and whistles free whatever sounds great but rarely is like that in practice. Just after my father recovered from that sickness, the IRS basically told us “we gave you too much money while during that period”, so my family owed and still owes significant amounts of money to them (originally it was over 60k, we had to use my life savings money just to cover rent). Government needs to stop looking at the Middle class as if they are stable even with triple digit incomes. A person running a small business making 300-500k a year even is not upper class or 1%ers or anything, but they get hurt most by tax increases because they dont have to money to spend to negotiate how much money they owe like the top earners and businesses. And this is essentially whats griped my family for over 6 years now, tax debt we cant even afford to have a lawyer to negotiate what we owe, so we just suck it up and give them their bogus payments. Quite literally money taken out of social security, owing our own money. Do not fall for this shit, these people do not have your best interests and never have.
"Thou shall not cover ..." Envy is one of the seven deadly sins! Personally, I DN care what everyone else has and that more than 50% of Americans have more than me.
Inequality is when your awful government's policies and spending lead to atrocious inflation yet your earning potential stays relatively the same. The rich are largely unaffected by that whereas the middle and lower classes who may be just getting buy are getting squeezed even further.
Proverbs 14:30; "A heart at peace gives life to the body, but envy rots the bones." In America we can work hard and get our own wealth without demanding others give up theirs.
We all want more stuff. Who wouldn't want a house in the Bahamas and one in NY? Who wouldn't want multiple cars and a yacht and a bunch of cool stuff? But why not be happy with what you have? My very tiny cabin almost burned down last night with me inside and I'm so grateful for it still standing and being alive.
*My very tiny cabin almost burned down last night with me inside* I get that of course you don't need expensive houses and material things to be happy but you are happy that you almost got burned to death in a tiny cabin? like how did the cabin catch on fire??
@@trolljones4386 lol I'm happy I woke up before we suffocated from the smoke or the fire hit the structure. That fire alarm that always annoys me when someone cooks bacon or chars meat actually earned some serious points that night and even got a kiss from me haha. Let's just say when someone forgets to take the chicken soup off of simmer after dinner, these issues may manifest into a serious problem overnight. I'm getting a crockpot..
*That fire alarm* Did you build the cabin yourself or buy one? because fire alarms are a very helpful technology which have been Government regulations for decades. So if you rented that cabin out the reason why smoke alarms are popular is they are Government regulated (try to sell a house without any smoke alarms). *I'm getting a crockpot* Buy one new if you can (don't buy a dirty used crockpot)
What people have to understand is no one is equal everybody is different and unique in their own ways before people there will always be rich people don't always be middle class people that's life nothing's going to change that that's life people in America think about your poor you live in a tent on the streets yes but those people who live in the tents in the streets in America are richer than those in the third world countries who don't live in tents in the streets let that sink in the moment..
Yes, and education can make you look less like a moron since you will know better than to skip all punctuation and proffer a millennial stream of mindlessness comment. Look, I know it's a youtube comment and why am I the grammar Nazi!? But the reality is if you comment on a serious issue everybody judges your intellect based on the only thing they have to go on, your post. You ranked low, FYI. Anybody successful will tell you that written communication is vital. I disagree with your views, I think. Since you seem to think that poor people in America should shut up because people in other countries are less well off, I cannot support your position. I like to think America can make her own standard of living and we don't have to be bound by those of other nations. Maybe you believe that as long as American poor don't meet or exceed the abject poverty, disease and daily struggle for clean water and food that people in Africa face, then our poor people are all good. They don't have it as bad as somewhere else has it! Chin up!!
I’d argue that just because the poor are getting richer doesn’t mean they are living a decent life. A lot of those poor people struggle to find enough income to pay for rent, utility, food and take care of the kid’s needs too.
I would agree more strongly if John Stossel would acknowledge that taxes, phoney inflation figures, and B.S. job numbers are cutting off people at the kness.
If that were true, explain the self-made millionaires/billionaires. The same winds blow in everyone's sails (In the USA). So on average, we can work our way through those external forces you mentioned.
id ot say nobody can get ahead, but seems it is a lot harder with those roudblocks. Also, millionare today would be the multimilionars of a hundred years ago. Remember the dollar has lost 98% of its value and taxes are higher.@@user-xt1vs2oz3b
The problem is how the kids are raised too. Students who tend to get better grades usually have parents who freak out when they get one b or c on their report card while other parents lets their kids slide with a c and d. The big picture is they’re trying to teach their kid to keep improving themself so they can have a competitive state of mind because once you’re competitive you become very good at things plus it’s healthy for the nature too. I used to very big into socialist til I admitted that I’m lazy and I need to get my butt up and try things and find what I’m good at. We’re not good at everything but we are good at something so just gotta search for it. Instead of watching tv after work make time to gain skill in something .
Don't people realize that if everyone in the world were made equal, how much worse off our (U.S. Citizens) poorest would be? Do YOU realize, YOU would be worse off than the poorest currently among us?
Sorry, John Stossel, I'm gonna have to disagree with the Inflation part, wages are not adjusted for inflation, there are different way's to measure inflation and how the FED set's it up, in short, the fed manipulates the inflation numbers, and inflation is much higher, just need to open your eye bit harder and look at products we are getting smaller for the same or a bit more in price.
I always go back to this - the people who want socialism, and the politicians, should be forced to live under those policies. So Susan Surandon’s kids don’t go to a private school. They go to the LAUSD public schools. If you are a politician and you defund the police, you don’t get special police protection. If you are at Capital Hill and you don’t want a border wall, you don’t get a fence around Congress. No private planes.
My family and I are immigrants. My parents worked 2 jobs at minimum wage. Their children got basic educations, made more than them. My older brothers and sisters' children went on to college, they're making more than us and we're all really proud of them. My family went from living in grass huts to making 5-6 figures in 2 short generations.
A liberal seminary in Elkhart, Indiana, AMBS, decided to pay all employees the same wage, from janitor to seminary president. Even among progressive liberals, this social experiment didn't last long.
damn you mister John Stossel why do you have to make everything so wholesome and give me hope while also being a true journalist covering both sides of the argument and giving us the facts
"And the trees were all made equal by hatchet, axe, and saw..." I'm so tired of the class war rhetoric by the Left. People want to talk about greed, but no one wants to talk about envy, which is a much more endemic problem in our society.
Agreed, it further proves their point that there is inequality in everything. They never said EVERYONE can make it to the top 20% but on average, most can.
The problem with inequality is the human tendency to compare what you have to what others have. That's why no one is satisfied with a ten year old phone, or twenty year old car, even if they perform perfectly well. This is especially true of young men, who compete for the attention of young women. That's why many disadvantaged young men turn to crime and violence. Call it greed, call it jealousy, people are seldom thankful for what they have if they see others with more.
@@thecommonsenseconservative5576 Dave Ramsey says "have less now so you can have more later". Not the same as "have less now, have less later, and be happy about it!"
I grew up watching my dad pull us from the literal dirt, living in a tent, to a nice house in a nice neighborhood. I've got no time for inequality excuses; it's all bullshit.
more money to invest, its what i did, i got a 2K raise, put that in the "investments" and paid off, im not super rich, or i could have bought rims for my car, lol
@@Mark-wq1nh sweet, being in debt sux, i got like 40K of debt left, i got these things called dividends, mine pay every 3months, investing is scary and fun, i hope you and your family do well
@@gregoryeverson741 yea being debt free in America is going to become a sing of wealth. If I was you I'd buy so $15 gold pieces before the nex election cycle starts they will at least double we has so $30 pieces in 08 they were worth 1500 by 2013
@@Mark-wq1nh i have some metals, im trying now to grow some veggies to sell at the farmer's market, something that i have noticed, nursing homes have gone up BIG time
Reminds me of a comic I saw once. Politician walks up to a poor guy and says, "here's some money we taxed from a rich person for you!" Poor guy: "Really? Just like that?" Politician: "JUST like that! Oh, and here's some more we took from rich, educated people to give to you for being uneducated! And some more taxes from a rich neighborhood because you live in a poor neighborhood. And here's some more for just being a great guy!" Poor guy: "Wow! Nice! But......what does all this make me now?" Politician: "...rich....."
I love your videos. I cannot believe you are 72 years old. You look great! I watched you on 20/20 when I was a kid. You are an American treasure.
im 39, i used to watch him also, didnt he also do some 60mins
Same here, and I totally agree!
I remember watching him when I was in grade school
Generic Tyrant sure looks like effective politics did him justice and a favor
Wow. 72. Thanks for pointing that out. My daily new knowledge. Even more impressed with John now. I guess I should have realized this since I've seen him on tv most of my life.
I’ve always thought that too many people were too worried about what other people were doing and not worried enough about themselves.
Dusty151 it’s not about that at all.
@@elsagrace3893 I think to some extent it is. Focus on you and your shit, try and make yourself a future and some money. a lot of people focus too much on others and their success, when it's irrelevant. Nobody is the same, so why compare?
I wished everybody would take care of their own front yard, insteed of poking their nose into mine.
Jealousy is a hell of thing!
@@TheNovaks47 It sure is! But I think it can be a good motivator as well, it all depends on where you're putting that energy, don't put it into being upset and just wanting what someone else has, put it into working to get your own better things!
My son has a friend in denver, she came here legally. Could barely speak english, nary a dollar to her name. 7 years on, she owns 4 food trucks, opening a restaurant, speaks english very well. People now pay her for consulting on food truck businesses. Dont tell me poor people stay poor because of the system. It's all bullshit. You can succeed if you want to.
With a little luck of course, because not everyone even has the ability to take out a loan for a food truck. In the area that I live in, food trucks would be an awful investment, but it happens a lot in New York, so what you’re saying is that she had a situation and took advantage of it. Now look at someone immigrating in the same situation, but to a suburb near a large city. Don’t tell people that they can “Succeed if they want to”, because it really isn’t that easy if you’re in such a low and vulnerable spot.
By far and away this is the most even playing field in the whole world the United States of America. And that's why people are illegally trying to bust in. We need to fix the Border or the cow does.
here are the top 10 things you need to do to succeed in this country or frankly anywhere.
10 things for success
Ten things to be successful
Here are the rules to success in America
1. Get a great education- a really good one- go back and get even more education.
2. Don't have babies cuz you want someone to love you...Stop having babies- put a condom on it. Stop having bastard children who die early but not before the kill, drug, rape, and ruin other's lives.
3. Speak the Queen's English. No ghetto or redneck. Speech is important!
4. Surround yourself with successful people and act like you care and are interested and motivated- take them to lunch.
5. Do Not - repeat Do Not commit a crime- felonies will F yourself in getting work during your whole life.
6. Practice the Golden Rule. Love each other, help each other.
7. Stop with the drugs-selling, using, transporting. Has to end!
8. Have a good grill- Teeth. Get them fixed!
9. Act like you have some sense in making good decisions.☆☆☆
10. Pull your F'ing pants up! Although it is funny when you run from the police with your pants down at your knees. Face tattoos and piercings tattoos in general just not a good idea.
@@tigerguy009gaming3 you're missing the point bud this is a land of opportunity and yes you might invest in the food truck and fall flat on your face. And then you go on to the next thing and if that doesn't work you go on to the next thing and you go on to the next thing and guess what you learn something every time you fall flat on your face. Every entrepreneur will tell you this and then eventually guess what you hit the mother lode it's life man
@@tigerguy009gaming3
10 things for success
Ten things to be successful
Here are the rules to success in America
1. Get a great education- a really good one- go back and get even more education.
2. Don't have babies cuz you want someone to love you...Stop having babies- put a condom on it. Stop having bastard children who die early but not before the kill, drug, rape, and ruin other's lives.
3. Speak the Queen's English. No ghetto or redneck. Speech is important!
4. Surround yourself with successful people and act like you care and are interested and motivated- take them to lunch.
5. Do Not - repeat Do Not commit a crime- felonies will F yourself in getting work during your whole life.
6. Practice the Golden Rule. Love each other, help each other.
7. Stop with the drugs-selling, using, transporting. Has to end!
8. Have a good grill- Teeth. Get them fixed!
9. Act like you have some sense in making good decisions.☆☆☆
10. Pull your F'ing pants up! Although it is funny when you run from the police with your pants down at your knees. Face tattoos and piercings tattoos in general just not a good idea.
@everydayidie alilmore tell me what the problem is? It would be nice if the person would have been fluent in English to start with the God bless her she learn English faster self and became a success I don't see what point you're trying to make
The economy is not a zero sum game. VOLUNTARY economic activity is always a win-win.
Exactly. Capitalism is win-win. Socialism is win-lose.
@@robertromero8692 Socialism is lose-lose
But resources are a zero sum game...
@@mateovazquez6685 Yeah, but we've improved the efficiency of said resources. Produce more at the cost of less.
@@a54109 except for the corrupt elite
" Nothing can make it moral to destroy the best. One can't be punished for being good. One can't be penalized for ability."
- Ayn Rand
"The smallest minority is the individual and if you deny the right to individual then you deny to the right to the minority" - Ayn Rand
"One can't be punished for being good." Case in point: Donald Trump, who may actually be worth some of the billions he claims. Does he live in gaudy gold splendor for "being good?" Or was he handed $500 million by his daddy, stiffed virtually everyone who ever worked for him, laundered money, stole from charitable funds, swindled his victims out of millions? Thinking that people are rich because "they're good" is a naive, childish view of the world.
@@SaintlyCitySue yes he was given money. But he could have gone 2 ways. Blow it all and end up broke. Or invest it.
@@SaintlyCitySue damnit, guys, you broke the Ayn Rand quote poker game.
@@SaintlyCitySue Doesn't his dad deserve to see his son happy? His dad earned it the hard way, and Trump has overcome all of his failures and actually is a good investor.
I want half your mustache John
Take your half from the outside and leave Stossel with the middle half.
That way, we can all have a laugh when the nuts call him Hitler.
So does Geraldo Rivera :D
AOC needs 90% lol
J K LOLOL
It’s a privilege, not a right. Takes an investment of time spent trimming and combing. Not all mustaches are equal. His doesn’t take away from yours, which can only get so short.
Stossel has made me a much more knowledgeable individual. Thank you for your videos!
@Hans John Stossels personal youtube channel is a propaganda foundation? Even you can't validate your claim that nobody on the left has ever said it, it's literally impossible for you to know this fact. You're stupid my boi, very stupid.
@Hans You have my interest, I do not say this to be an asshole, but please provide me something to read with studies that supports your words. I enjoy broadening my view and learning more.
you have to invest your money to get richer
The fact is capitalism works. crony-capitalism (the u s and the government) doesn't!
The middle class is getting smaller (going into poverty) because of regulation and taxes and corporate control of the government.
This is the land of the FEE and home of the taxSLAVE. Get your facts straight.
Knowledge is useless without critical thinking skills and logic.
Stosshole 'informed' you, but the biased idiocy in which he presented it was blatant and outrageous.
His moronic argument "while the rich get richer, the poor get richer as well" is laughable.
I wouldn't characterize the addition of $10/year to my net worth as 'getting RICHER' while those *actually* getting richer are adding hundreds of millions a year to their net worth.
A suck-cess-fool country isn't made by giving the vast majority of assets and political power to a tiny fraction of the population, and the remainder of the population are peasants by comparison. Ask Greece how that shithole system worked for them. The U.S. implementation of Crapitalism is chock full of distortion and unfairness. For one tiny example, ever heard of corporate welfare? Why should society pick up the tab for all the welfare benefits we have to pay Walmart employees because the mega billionaire jackhole Walmart family won't pay a living wage. So all our taxes have to go up because those fucking assholes want more money for themselves?
How about the college admissions fraud, where wealthy ayholes buy their little idiot into Harvard, Yale, Stanford, USC, MIT, ..., ...,
Why should these human garbage ayholes get to shove out a poor kid and replace their spot with their own kid by bribing the college with a new building, a "donation," the payoff of a coach to call their kid a 'recruit', ...
Shitmerikkka desperately needs a purge. A free day per year where the peasants can kill all the 1%'ers they want.
I'd ship in a few thousand ISIS suicide bombers and let em run wild in Beverly Hills, the Hamptons, etc.
It's way past time to cull the elite trash from society.
Bernie and his "the rich keep getting richer." He is a fine example of that.
@an Individual yes he is
Dude owns MULTIPLE homes and wants to talk about socialism where only the officials are rich enough to do that. Of course he would be one of our officials if we became socialist and would grow even richer off the money drained from the citizens if things were to go his way.
He's almost 80 years old and been married to probably 50 or 60 years. If you have an accumulated a million dollars worth of assets are more by then then you completely did something wrong. Never understood the he's rich statement. You don't even have to try hard and you're going to have a million dollars if you have at a steady income for 50 years and an above-average one at that. I also doubt you're going to find anybody who is a serious candidate to be president who doesn't have few millions of dollars in net worth just not even realistic.
@an Individual ridiculous argument. His net worth is compared to others seriously running for president im willing to bet it's very low. Either way there's absolutely no way he could have got to the position that he's in right now or also go forward with trying to implement the ideas that he wants without having the resources to do so and like it or not those resources are money. This is 2019 not 1819 and way world works. With that said once again his finances are actually unimpressive for a man of his age, stature and the power positions he's been in for past 40 years. Plus if we actually looked deeply at every presidential candidates lifestyle and compared it to the things that they were saying it be laughable that's why entirely pointless. I'm not even voting for Bernie but this is the lamest argument I've consistently heard about any presidential candidate and it has absolutely no bearing on anything as things are way more complicated than this simple way of thinking.
dont you know if you write a best selling book you too can become a millionaire?
Inequality is neither good nor bad. It is the expression of human differences in ability and freedom of choice.
Economic inequality leads to crime and social unrest if it grows too large. It is in everyone's interest, especially the rich, to make sure that inequality does not become too great. Nobody likes socialist revolutions or gangs looting.
@@niklasmolen4753, the answer to looting is not punishment of success. The answer to looting is punishment of looters. We can't let jealous bitches ruin the economy.
To be more precise, I think, inequality has more than one meaning in different situations. "Inequality" in the sense of being treated unequally as someone else under the same situation for unfair reasons, that is bad. So for instance, a woman runs a man over with a car, and is shown leniency. But a man runs a woman over with a car, and they throw the book at him. That is inequality. And that is a realistic depiction of the way things are. And it's NOT a good thing.
Always remember that the majority of billionaires are rich because we make them so by buying the things they produce.
Account That’s right. If the services and products they produce didn’t have value, they would not be rich.
@@jimziemer474 Yeah yeah It will be best if can received all those fools money with my suck ass product/service that didn't bring any value to their life. Sadly, i must produce one that's really benefits them so that they're willing to give their money to me willingly ;(
Moreover, billionaires know how the financial system works, so instead of working too hard, they work smart and know how to divide their energy properly
According to liberals you are being exploited when you buy..Fact is it is the government that exploits the people..
What did Warren Buffett produce?
Inequality is innate in society.
To quote Jordan Peterson: "Don't compare yourself to someone else, compare yourself to who you were yesterday."
In addition, a quote from Thomas Sowell: "You're not even equal to yourself. People have good days and bad days."
Jono 84 comparing may not be a choice you make. Maybe you’re flying, you see passengers in First Class lounging about as you approach the curtain - then it is slammed shut. You go back to your tiny seat between the Sumo wrestler and the unwashed hippie. Hurts don’t it?
Wow.
If the SJWs would just fucking absorb this quote and just meditate on it for a few minutes, sooo many problems would go away...
@@stevepowsinger733 Jono 84 is right. In your scenario, at least you're flying. The person you were yesterday had to take the bus.
@@shawnyork9916 Hear, hear!
In my case, I walk 3 km to school DAILY & another back to my apartment! That's how I beat the daily heavy traffic here, & that's also how I slap (figuratively) those so-called 'environmentalists' in my campus who don't even take the commuter jeepneys that ferries passengers in the campus but ride on their cars!
I don't consider myself to be a poor person financially. But as a person who lives with people with lesser material wealth than me, to be -- at least -- disciplined with my spending & spending only whenever necessary already makes me richer without having to be badmouthed by others because I have some & they don't!
@@shawnyork9916 Spot on. Great extension to the analogy
As I get older I find that I’ve been poor most of my life due to poor money management, not lack of income.
If you want your children to be rich, give them knowledge, not money.
My parents gave me knowledge (of money), not money.
and I can verify, first hand, what you say is true.
I can vouche for what you are saying. I was poor because of my choices on how I spent my money.
I was given knowledge of money and I chose to ignore it. I suffered because of it.
Give them 2 parents.
The number two indicator of the future fiscal success of a child is a two parent household...
Wow you must be the most spoiled person ever. How about working on less than $30,000 for a year and tell me all about how it wasn't a lack of income. You poor thing 🤣🤣🤣
Agreed, teach kids how to invest, save money long term, improve your health, and learning on your own; Most parents are lazy and just plop a kid an iPad to have them play games while they engage in their boring life, and then they complain the school isn't doing enough to help their kids.
Thanks for making this video. My favorite economist Thomas Sowell argues the same points..
Gregory Parker w
I was gonna comment the exact same thing.
Thomas Sowell is an American treasure. His books should be mandatory reading in business colleges and electives for the rest.
Thomas Sowell is the ultimate red pill for any person! His videos, lectures, and books are incredible!
Absolutely. I’ve been reading every book of his I can get for the last few months. I’ve never learned so much in my life.
It makes me angry, though, that the arguments and policies that he has completely destroyed are still trotted out day after day.
I don’t know how sowell stays sane. He’s been debunking the same nonsense for over 40 years and the people that need to listen to him don’t even know his name.
"Should the government be able to take my kidney, because somebody else needs it?"
Stop giving them ideas.
No kidding, it's only "fair," What do you need two for?😊
@@scottjohnson7780 🤣 frl
As a broke 23 year old, I love billionaires. They may not spend their private money in ways that I agree with, but they create corporations that produce quality products that allow me to continue surviving and thriving without much money. I work full time and am about to pay off the last of my debts, so I'm a very happy camper and hope that someday I myself may be able to run a successful business.
"Nobody should own three houses [except me]" - Bernie Sanders
"More people should own three houses" - carpenter driving 20yo pickup
This comment should be on top.
Won't that help bring the price of houses down too?
I can't find any evidence he ever said this, but it would be funny if he did
*Nobody should own three houses [except me]" - Bernie Sander*
Where did Bernie say that? prove he said that or you are a lying ass.
Umm… is that a joke? Cause it’s fine.
Mr. Stossel, you're a real Journalist! Respect from India!
Nature is unequal and has been since the dawn of time.
Winters where I live are colder than they are in other places, that's not equal.
Lots of plants won't grow where I live, that grow elsewhere, that's not equal.
Lifespans for pet dogs aren't equal, some die sooner than others.
Thank you. I'm glad that there are smart and objective people on this planet, I've been so lonely.
Stinky Lebinowitz Life isnt fair!
ever wonder why and how humans became the dominate species of this planet ? this argument about nature and natural things have nothing to do with conscious beings. It doesn't purposely snow more in a specific area because it wants too, its a natural occurrence. People hoard money (resources) because they want too, it is not a natural, if it was we would have been went existent.
But it's the same nature that has put notions of justice, equality and morality onto our minds.
Deep down inside we don't want anybody to suffer or live in poverty.
Isn't it nature that put inbuilt these ideas onto our mind.
Dogs were deformed by human eugenics. That's sad to even use that as an example.
I had a conversation with a poor person a few days ago. She was complaining that the world is so unequal. I told her to compare her and I. She smokes weed every day and works as a nurse like 2 days a week. I work ~50 hours a week as a data scientist, complete 2 weeks worth of courses every week, read research papers weekly, spend time brainstorming (and sometimes implementing) business plans with friends weekly, and I completed a master's degree in mathematics at the top university in the world and I did it all on my own accord with no funding from family. I asked her "Why do you think you deserve to be equally paid when you don't do anything in your life?", to which her response was that maybe she doesn't but there are other people that deserve it. I think the leftists believe that there's always someone worse off and they should benefit off of the coattail of that person. It's absolutely disgusting how some people think they deserve equality when they don't even give equally. You get what you give in life.
Oh, I forgot to mention, the inequality she was speaking about was how my total salary is ~300k at age 25 and what she makes isn't comparable.
You have an advance degree and you are on youtube? Then you know you're an outlier.
If you went to a top college in U.S. you were subsidized. Tax payers voted for college funding
You didn't do of your own accord. Most advanced degreed professionals know how colleges are helped so students don't totally foot the whole bill.
The moment you said leftists you lost credibility. A nurse has a range of value based on service provided. RNs should get equal pay. Lvns get equal pay. Cna should get equal pay. They work hard. You should get paid less since you believe in inequality.
“We need to be like Denmark. They have income inequality.”
Denmark having the largest wealth inequality in the world: 😬
They need to stop comparing America to those countries.
@@rn55676 Clearly, his one source must have been surely wrong but yours cannot. Especially since inequality is as easy to unambiguously measure across instances (countries) as the length of a car.
@@rn55676 Here are the 10 countries with the highest wealth inequality:
Netherlands (0.902)
Russia (0.879)
Sweden (0.867)
United States (0.852)
Brazil (0.849)
Thailand (0.846)
Denmark (0.838)
Philippines (0.837)
Saudi Arabia (0.834)
Indonesia (0.833)
So true John 👌
I love your videos! Also glad we have the same mindset!
Crack me
@@monkey-bananas2890 bs. why midlle class was not bailed out THE WAY corporations are? rich don't pay taxes, using bad socialist system in 'merica
@@zorzobukumica628 you can thank the politicians for that pal. If it was up to me I would have all those banks and corporations that couldn't survive fail. Also rich people do pay taxes, even way more. Although I do admit the some rich people do find loopholes i.e. donating charity or in this one case where a famous musician raised bees so now he gets tax exemption. All this is possible because you guessed it... Politicians
@@monkey-bananas2890 i don't blame rich. i would not paying taxes if i can use bad tax system, too.
yes, blame politicians, but who voted them back? who voted the same f**ng parties over and over?
I've been at the bottom my whole life. If you are jumping through government hoops to 'get by' there is little time to climb out of the hole you are in. Some people are content to stick with a job that barely provides enough to get by (especially food service). Servers generally make just enough in tips to live comfortably. However, nothing gets set aside for the future and eventual retirement. Manufacturing jobs have slow mobility, but only if you stay with the same company or have great things to add to your resume. Squirreling away more for your retirement and living on a budget is the way to go. Pick up job and equipment certifications whenever possible. Don't rely on government to get you out of your own hole, climb out on your own. Being in debt to another especially the government is going to cost you in the long run.
not making breakfast in the morning is keeping people poor, Starbucks or McDs everyday is $$$
old republican govt hoops? Like what
@@gregoryeverson741 Did food delivery as well. had to deliver food to a lot of businesses at lunch/diner. $25 a pop, even McDonald's and Starbucks are cheaper. I've been on both ends of that transaction. Lunch meat (or a fried egg sandwich) for breakfast and frozen dinners for lunch helps some. However, if you can get away with even putting $25/week in a savings account it starts to really add up in the long run.
@@brkbtjunkie Unemployment or underemployed generally means food stamps or unemployment and Voc-Rehab. Bureaucracies are not there to make paperwork or getting help easier. They are there to get a completed paperwork and say no to anyone they can. Rules must be followed chapter and verse. You will wind up playing ring around the rosy with several lines occasionally just getting paperwork done in the proper order. Or, you will be told you are in the wrong line/division because you don't know the correct wording to ask for for what you need.
@@oldrepublican4121 after you saved that money, the trick is to invest, saving in a bank pays 0.2% now, for a regular account
I wish that this was the most viral channel. These facts need to be seen by everyone. Thanks Mr. Stossel for your no nonsense always educational information.
John is such a great man. I love that he does this. He's like the only level headed investigative journalist who doesn't cower to the demands of the politically loudest.
He caved a long time ago. He used affirmative action to work for cbs. He spoke of employee rights and protection..now he speaks against the programs that got him into journalism...speaks against people getting help the same way he got helped. Crabs in a bucket mentality.
The tax rate is actually higher for the wealthiest bracket, but there are too many loopholes that help them pay less.
That sweater that poor John is wearing still looks expensive. Haha.
The last 100% honest journalist in USA.
Vlad Tseytkin he is not. He is a bought and paid for schill of the rich.
LOL. Shill of the rich? Himself?
🤑🤑💵😃
@@elsagrace3893 he has talked bad about some Republican stuff
Tim Pool is good but he needs to talk to John about his economic beliefs. He has a lot if integrity and is honest though. I recommend him to everyone, especially people just getting into Independent media for their news.
@@gregoryeverson741 He's a Libertarian. Always has been as far as I know.
I grew up poor in Chicago, now have a very comfortable life. Should my hard work go to those unwilling to work as hard?
Did you leave Chicago because that would help in getting anyone out of poverty.
there is a difference between helping those in need and leeches, i know to many leeches
Good job.
Honestly, no. Your hard work and comfortable life are yours now. However, showing gratitude for the opportunities and advantages you now enjoy would necessarily involve giving back to those in need (not leeches). However, you should never ever be compelled to give of your sustenance, but giving back willingly would be a testament to your character.
And I do. That doesn't mean that I should be required to pay 70% of my income so that people unwilling to work can live a life of leisure at my expense.
It’s good to hear sane people these days
The one thing many fail to mention when it comes to trickledown economics is how the rich pay less % in taxes. Many companies pay 0 taxes. Not to mention the fact wealthy people are able to invest most of their money at low tax rates while poor people living paycheck to paycheck are unable to save and receive the same benefit. As a lower income self employed business owner I paid nearly 1/3 of my income towards taxes while rich people pay less. That’s what I consider to be unfair. I’m not condoning socialism, I just think the super rich should pay more to help the poor have a better chance of getting ahead. At least Trump’s tax break allowed me to pay less in taxes for the first time ever.
In general, poor and middle class Americans have less spending power then they did 40 years ago with a decreased standard of living. This is what is meant by the poor get poorer. All statistics will reflect this.
Exactly... I'd also like to see where he gets his statistic on 3/4 of all Americans making it to the top 20% in their lifetime. It also doesn't consider factors like the increase in the cost of housing or the fact that the cost of attending college is increasing almost 8 times as wages. Wouldn't that factor into upward social mobility, and what about those who fail to do so and are left with inordinate amounts of debt for trying?
source: www.forbes.com/sites/camilomaldonado/2018/07/24/price-of-college-increasing-almost-8-times-faster-than-wages/#34aeb1d66c1d
Also, the level of inequality makes a big difference. Communism is naive to think a lack of inequality would work due to a lack of incentive, but isn't having no limits on economic inequality just as naive? Doesn't it lead to consolidation which hurts the free market? At what point does it erode the consumer base the market depends upon? The majority of growth after the 2008 housing crisis went to the 1%; for 99% of Americans, there was no recovery. What about the fact (when you bother to factor in debt) that the top 0.1% now roughly own the same amount of wealth as the bottom 90%?
source: www.theguardian.com/business/2014/nov/13/us-wealth-inequality-top-01-worth-as-much-as-the-bottom-90
At what point can we admit that debt is out of control? At what point can we admit the inequality is too much and is a threat to the entire system? 95%? 98%? 100%? Why can't we have a nuanced discussion on the subject, instead of people just blindly accepting communism, socialism, or capitalism? Why can't we point out where the system is not working without being called a dirty commie?
An aspect that he ignores is the disparity that wealth creates when it comes to schools and funding. Not to mention the undue influence in politics that wealth creates.
@@mrcat3493, and also how that money corrupts the entire process. Much of the time an industry can write legislation themselves, and then lobby politicians to pass it, allowing them to regulate their own industries. Or another good example for education is the influence Rockefeller and Carnegie money had on our education system... James Corbett covered this in depth in a few videos. Rockefeller helped create the chemical pharmaceutical industry's dominance over homeopathic medicine, while he himself saw a doctor who practiced homeopathic medicine until he died. Someone like Bill Gates helped get common core into our public schools while making sure his own children attended a private school that was against it.
naejimba So true, you raised some other great issues the video ignored.
I love this channel!
John Stossel is a wonderful teacher.
:)
You have access to a cell phone. Yes you can be rich. Henery Ford said. Take everything I own. Take my companies, properties a d possessions. Leave me a phone. I'll have it all back in two years.
@@strangelyukrainian7314 what I find funny is that most of these billionaires were just ordinary people who had an idea and put time and effort into it. They have faced a lot of hardships and had endured to reap their rewards.
"Rich get richer, poorer get poorer" "Middle class is dying"
I don't know about the poor getting poorer, but the rich are getting richer and the gap is definently increasing and its due to the need of learning new skills. Some people just think they are entitled to their way of life and not need to learn new technical skills to set them apart.
you never hear lack of ambition...always someone elses fault for not having it as good as somebody else.
@Not Sure You do realize that striving to be happy is a form of ambition too right?
"The rich get richer, and the poor get poorer!"
~ Says a rich dude.
0:57 Says 'poor me,' then a picture of him wearing the same shirt I'm wearing appears. Me:
That's something that's going to be hard to convince to someone who is facing eviction or don't have no food on their table
In Cuba, there is free healthcare, free apartments, and most people earn less than $50 a month. Doctors and lawyers earn maybe $70. You should see it! Parks that are fenced off that used to be beautiful. People sitting around in the town square. Places that used to be beautiful homes that now house the free apartments and that are deteriorating. That’s what happens when people think the government will even things out for everyone. It’s worse than any other place that I’ve visited.
-As an ex-communist Cuban Pionero (communist youth) who escaped that socialist hell hole in 1980 in the Mariel Boatlift, on an overloaded fishing trawler with 300 people puking all over the place, I say it does not matter what these leftists call their (sarcastic) new and improve socialist flavor now adays, aka "democratic socialism," "social program," etc etc etc...
First~!
This Capitalist Republic we call the United States of America (as it is!!!) is the best thing there is! Period!
-NO other socio-political-economic system can come even close to the great opportunities we ALL have here in our nation to succeed!
-Regarding socialism, (like Lenin said), "the Goal of Socialism is Communism!!" For once you go down that road of allowing the government to make more and more decisions for you, and to take more from you to quote "help "others," your personal AND financial freedoms begin to disappear!!!!! Helping people MUST come out of your giving heart individually, and NOT because a bureaucratic government takes from you by force. That is what Yeshua taught BTW!!
--Now!!! if you are in trouble in your personal life here in the United States, it is because somewhere in your life YOU screwed up! Do not blame the country! Look at your life and see what in the hell YOU are doing wrong!
-If this "Marielito" has been able to do it nicely, and ended up "very well off," with a paid-for home here by the Chesapeake Bay, ANYONE of you BORN here, with ALL the advantages that entails should (at least) do as well as I have done, specially 38 years after I arrived on these shores escaping one of the worse leftist totalitarian regimes on the planet, with NO money, NO one we knew, NO knowledge of English, NO home, NO cultural connections to this nation... nothing! My family and I had to start all over again! So NO, no excuses! YOU are doing something wrong, and a big-daddy-government is NOT going to fix your life!
-America is about Self-Reliance, Small-Government, Personal-Liberty, and Capitalism, if you don't like it, go to Venezuela or my former nation of Cuba, (sarcastic) you will love the big daddy government there!
-So get off the socialism wagon, and return to Earth, kiss the American Capitalist ground you are on, and thank your lucky stars for having had the immense luck of being born an American. Millions of people in the rest of the world will trade a body part, and even risk their lives for the chance to live in this Capitalist Republic... I know, I was one of them!
Signed: Luis T Puig, ex-communist Cuban Pionero (communist youth in the Cuban school system, like ALL kids are forced to be there by the communist goverment), then Mariel Boatlift communist Cuba escapee (with my family at age 15) in 1980, then (after High School) MM1/SS, United States Navy Nuclear Submarine Force veteran, 20 years of service (1987-2008), Retired.
www.amazon.com/Generations-Journey-Family-Throughout-Ages-ebook/dp/B00OLUQL4O/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=
Amen bro! From another communist refugee of Vietnam/Air Force Veteran with 30 years in service.
Nice meeting you Timothy.
It’s very good that someone saying that inequality isn’t a problem, why is inequality really a problem if poor are better off.
Bernie is in the 1% lol
He is not, but he is a millionaire. If his net worth multiplied by about 5 he'd be in the top 1%.
He hasn't earned a paycheck in decades.
But Stossel, I can hardly afford my three plasma screen TVs and my pool! I’m practically homeless!
i save 1000$ a year by not buying a new iphone, so i have saved 10K about, but i invested it, i own a flip-phone, plan is 20$ and i can text for free, edit, im not rich or better than any1
Gregory Everson But how will you complain on RUclips that you’re going broke?!
The rich have the advantage of failing as many times as it takes until something succeeds and that's why they get richer. Most people can only fail once at a big investment and then its back to working for the guy who comes from deep pockets or the guy who got lucky the first time.
@Real Napster : No, it's not. First, most people fail to define what, exactly, poverty is. The US Bureau of Labor Statistics, back in 2007 (I'm sure this may have changed since then), defined "poverty" as making $19,000 per year. They also found that merely graduating high school added $7,000 to that total.
Moral of the story: Most people in America aren't poor, aren't poverty-stricken. Most people in America just don't make good money-making decisions, and don't have a decent financial education. You want to get rich? Stay out of poverty? Keep acquiring knowledge and learning, because hard work alone is not enough to succeed.
Edit: No such thing as "inequality of opportunity." Why? Because everybody already has autonomy. Everybody already has the ability to choose their own path. Therefore, equality of opportunity already exists.
I work with a bunch of men from Fiji. Most had never driven a car, many lived on islands with no electricity or indoor plumbing. At 30 to 40 years old they moved to the US to work and live. Eventually they made it to the company I work for.
Now imagine coming from a third world country to the US. Major culture shock right. Now imagine that you've never had indoor plumbing, electricity, or have even driven a car. Now again, imagine that you take a job with a company that expects you to not only drive a car but also to obtain a CDL with a tanker endorsement and a Hazardous materials endorsement within one year of employment. Not only that but they expect you to work 15 days in a row, 14 of which are away from your home, and 16.5 hours a day at that. They also expect you to run what can be complex equipment when you've barely done so much as turn the key to start a generator so the kids in a classroom can have a light or see a video for education.
My crew lead is Fijian. He makes $225k+ a year. Both of my other supervisors are Fijian. They are both making well over $100k/yr. There are several other crew leads making the same kind of money, supervisors as well. All while you listen to able bodied and healthy young men and women cry about income inequality. So many legal immigrants find their way here and become incredibly successful individuals because they are used to having to work hard just to survive. Now they have a chance to turn that hard work into a comfortable life. I'm told quite often by my Fijian friends that anyone who grows up in the US is incredibly lucky and should be thankful...
It's not always true but most people who become very rich have an incessant need to work very very hard. They put in so many hours that the rest of society enjoys free from work... They don't just go to college and then hold out their hand expecting money to fall from the clouds like raindrops like all too many do today. Yes there are some who never have to work hard but for most this simply is not true.
My niece makes 300k a year as a freight truck driver, trained by military. Her truck is leased. She only sees 15k a year. Her company leases her busted truck to her and takes most of her check back as profit. She's autistic and this company took advantage. Her history is just like many others. American companies are growing parasitic. People don't want to be business owners. They rather be respectable and community oriented. She is looking to live in a cooperative.
There is no wealth disparity
There is a choice disparity
You don’t want to become a doctor then you ain’t getting doctor’s money
You despise trade job well they pay well so another disparity, etc …..
This video also goes to show that the more John Stossels there are the better and more enjoyable the world is
75% of people will be in the richest 20%? WTF kind of math is that?
In this country, there is tremendous economic mobility and that mobility is upwards. That is one point my Micro, and Macro economics professor made sure she highlighted when I was in her course. She came to the conversation well equipped with multiple studies that had come up with conclusions supported by years of looking at who was in a particular income bracket, and comparing that bracket over a two decade span to see who remained and what the movement was. Hell of a good course.
There is only mobility for a limited number of people. Enough for smarter more talented individuals to rise off of their own efforts, but no amount of hard work and determination can move the majority of impoverished people anywhere meaningful. There are not enough jobs to be done that pay well, and the essential yet low paying jobs must be filled by someone. Although it does not solve problems, empathizing with poor people in this situation is far more honest than telling them they are worthless for not picking themselves up by their own bootstraps.
@@tylersingleton9284 we shouldn't have to pay for other people's mistakes. Don't see me having bastard kids and asking for handouts
@@alhen9023 I never said anything about welfare. All it does is promote poor behavior from able bodied people. I was connecting economic position with work, and saying that even if everyone was to put 110% into their jobs, there would not be a place for everyone to rise to. Much like a class that is graded on a bell curve, the person ahead of you might only be 0.5% better than you, but they get the limited available position. Or mabey they just sucked up to the teacher on the right day of the week. Either way, mobility is always limited by the positions available.
@@tylersingleton9284 the job numbers in the usa are great right now. If you wanted to, you could ask for a raise and get it. If not, you could walk out of your job and find a higher paying one for the same labor somewhere else. People who think like you, probably think this isn't true because you're too intimidated or afraid to try this.
It makes sense that gains gotten by risk are fairly earned.
V-star- what a load of crap!
Inequality is the most fundamental aspect of human behavior. People strive to get things and improve themselves continuously and to be better than other people in many aspects such as physique, money, better home, etc. If to strive for that prosperity is bad then there is no point in being educated to become a doctor or teacher or any highly skilled professional.
There are actually way more rich people than there used to be. 100 years ago almost all the wealth was split up between a handful of families like the Rockerfellers, the DuPonts, the Carnegies, etc., and most other people were poor. And not poor like modern poor. Poor like not knowing month to month whether you will be able to eat or pay your rent.
In the USSR workers proved they can do well without richmen, but richmen never could prove anywhere they can do well without workers. Hi from Kazakhstan!
USSR is no longer exist!🤔
*Is waking up and stretching. And I here Mr. Stossel say "people are saying inequality is bad"*
*I then here a familiar anthem from a communist country echoing from somewhere...*
Families that have wealth protect that wealth....Marriages with rich people. Lawyers to protect lawsuits. Payoffs for problems to make them go away. Investment advisers to make money grow.
wanna get rich? dont buy shit you dont need, Starbucks, McDs, etc...that stuff are supposed to be treats, not needs
As a person who has a father with kidney failure as do myself, the closing statement roth makes is so true. Despite over the years of living a good neighborhood with an average income when both parents worked climbing towards almost 200k a year, to say we have “more” is a completely misleading mindset considering we have to GIVE SO MUCH MORE just to maintain our health and this condition hinders our ability to get a job. That is something we were both born with that is unfair, but thats how to world works.
And the government has always looked at my family face value and never as 2 disabled people. When we had AHCA we didnt even receive subsidizes because my father was employed. Keep in my he doesnt share health insurance with us, he never has, and at the time of us getting this plan, he was in serious medical emergency and was on disability for a year. This healthcare plan didnt even have coverage for my doctor or a new doctor, I could have found out if I had FSGS earlier and could have avoided Renal Failure and Dialysis.
Please please please, dont let these people fool you. All the bells and whistles free whatever sounds great but rarely is like that in practice. Just after my father recovered from that sickness, the IRS basically told us “we gave you too much money while during that period”, so my family owed and still owes significant amounts of money to them (originally it was over 60k, we had to use my life savings money just to cover rent).
Government needs to stop looking at the Middle class as if they are stable even with triple digit incomes. A person running a small business making 300-500k a year even is not upper class or 1%ers or anything, but they get hurt most by tax increases because they dont have to money to spend to negotiate how much money they owe like the top earners and businesses. And this is essentially whats griped my family for over 6 years now, tax debt we cant even afford to have a lawyer to negotiate what we owe, so we just suck it up and give them their bogus payments. Quite literally money taken out of social security, owing our own money. Do not fall for this shit, these people do not have your best interests and never have.
John, you are a legend. You are just what journalist should be and should do. Great work.
"Thou shall not cover ..."
Envy is one of the seven deadly sins!
Personally, I DN care what everyone else has and that more than 50% of Americans have more than me.
Someone that started a business or even an industry out of their garage, had a garage.
@@ChuChuBelo
Thx for the update
The rich got richer, and then hired me for more money than I was previously making and I love my new job... so yeah...
Inequality is when your awful government's policies and spending lead to atrocious inflation yet your earning potential stays relatively the same. The rich are largely unaffected by that whereas the middle and lower classes who may be just getting buy are getting squeezed even further.
Proverbs 14:30; "A heart at peace gives life to the body, but envy rots the bones." In America we can work hard and get our own wealth without demanding others give up theirs.
We all want more stuff. Who wouldn't want a house in the Bahamas and one in NY? Who wouldn't want multiple cars and a yacht and a bunch of cool stuff?
But why not be happy with what you have? My very tiny cabin almost burned down last night with me inside and I'm so grateful for it still standing and being alive.
*My very tiny cabin almost burned down last night with me inside*
I get that of course you don't need expensive houses and material things to be happy but you are happy that you almost got burned to death in a tiny cabin? like how did the cabin catch on fire??
@@trolljones4386 lol I'm happy I woke up before we suffocated from the smoke or the fire hit the structure. That fire alarm that always annoys me when someone cooks bacon or chars meat actually earned some serious points that night and even got a kiss from me haha.
Let's just say when someone forgets to take the chicken soup off of simmer after dinner, these issues may manifest into a serious problem overnight.
I'm getting a crockpot..
*That fire alarm*
Did you build the cabin yourself or buy one? because fire alarms are a very helpful technology which have been Government regulations for decades. So if you rented that cabin out the reason why smoke alarms are popular is they are Government regulated (try to sell a house without any smoke alarms).
*I'm getting a crockpot*
Buy one new if you can (don't buy a dirty used crockpot)
Better than 99% of the garbage news that runs 24 hours a day.
What people have to understand is no one is equal everybody is different and unique in their own ways before people there will always be rich people don't always be middle class people that's life nothing's going to change that that's life people in America think about your poor you live in a tent on the streets yes but those people who live in the tents in the streets in America are richer than those in the third world countries who don't live in tents in the streets let that sink in the moment..
Yes, and education can make you look less like a moron since you will know better than to skip all punctuation and proffer a millennial stream of mindlessness comment. Look, I know it's a youtube comment and why am I the grammar Nazi!? But the reality is if you comment on a serious issue everybody judges your intellect based on the only thing they have to go on, your post. You ranked low, FYI. Anybody successful will tell you that written communication is vital.
I disagree with your views, I think. Since you seem to think that poor people in America should shut up because people in other countries are less well off, I cannot support your position. I like to think America can make her own standard of living and we don't have to be bound by those of other nations. Maybe you believe that as long as American poor don't meet or exceed the abject poverty, disease and daily struggle for clean water and food that people in Africa face, then our poor people are all good. They don't have it as bad as somewhere else has it! Chin up!!
I’d argue that just because the poor are getting richer doesn’t mean they are living a decent life. A lot of those poor people struggle to find enough income to pay for rent, utility, food and take care of the kid’s needs too.
John Stossel should have a million subscribers! His level head and common sense is second to none.
Another home run video! Life-long Stossel fan here.
28000 views in 3 hours?
Not bad John
Much better than ReasonTV
This is also posted on Reason TV.
@@mirzaahmed6589 Thanks. I know, and love Reason. However, Stossel's own channels has a lot more hits for the time it has been uploaded.
I would agree more strongly if John Stossel would acknowledge that taxes, phoney inflation figures, and B.S. job numbers are cutting off people at the kness.
If that were true, explain the self-made millionaires/billionaires. The same winds blow in everyone's sails (In the USA). So on average, we can work our way through those external forces you mentioned.
id ot say nobody can get ahead, but seems it is a lot harder with those roudblocks. Also, millionare today would be the multimilionars of a hundred years ago. Remember the dollar has lost 98% of its value and taxes are higher.@@user-xt1vs2oz3b
The problem is how the kids are raised too. Students who tend to get better grades usually have parents who freak out when they get one b or c on their report card while other parents lets their kids slide with a c and d. The big picture is they’re trying to teach their kid to keep improving themself so they can have a competitive state of mind because once you’re competitive you become very good at things plus it’s healthy for the nature too. I used to very big into socialist til I admitted that I’m lazy and I need to get my butt up and try things and find what I’m good at. We’re not good at everything but we are good at something so just gotta search for it. Instead of watching tv after work make time to gain skill in something .
Don't people realize that if everyone in the world were made equal, how much worse off our (U.S. Citizens) poorest would be? Do YOU realize, YOU would be worse off than the poorest currently among us?
Sorry, John Stossel, I'm gonna have to disagree with the Inflation part, wages are not adjusted for inflation, there are different way's to measure inflation and how the FED set's it up, in short, the fed manipulates the inflation numbers, and inflation is much higher, just need to open your eye bit harder and look at products we are getting smaller for the same or a bit more in price.
The thumbnail looks like that winnie pooh meme.
I would love to see some longer content from you on this platform.
I always go back to this - the people who want socialism, and the politicians, should be forced to live under those policies. So Susan Surandon’s kids don’t go to a private school. They go to the LAUSD public schools. If you are a politician and you defund the police, you don’t get special police protection. If you are at Capital Hill and you don’t want a border wall, you don’t get a fence around Congress. No private planes.
My family and I are immigrants. My parents worked 2 jobs at minimum wage. Their children got basic educations, made more than them. My older brothers and sisters' children went on to college, they're making more than us and we're all really proud of them. My family went from living in grass huts to making 5-6 figures in 2 short generations.
You're hurting people's feelings with facts again John.
A liberal seminary in Elkhart, Indiana, AMBS, decided to pay all employees the same wage, from janitor to seminary president. Even among progressive liberals, this social experiment didn't last long.
Excellent. As always John - outstanding.
What happens to the wealthy is of no concern to me. Let's concern ourselves with real issues!
damn you mister John Stossel why do you have to make everything so wholesome and give me hope while also being a true journalist covering both sides of the argument and giving us the facts
"And the trees were all made equal by hatchet, axe, and saw..."
I'm so tired of the class war rhetoric by the Left. People want to talk about greed, but no one wants to talk about envy, which is a much more endemic problem in our society.
ooooooooh ...... Dats RAAAYYSISSSSSS to tell da trooof !!!! U aint KNO ??@!!!
What about the intellectual inequality. Some people are dumb and some are not.
Agreed, it further proves their point that there is inequality in everything. They never said EVERYONE can make it to the top 20% but on average, most can.
Stossel preaching the truth!
Protesting rich people is an unpaid internship.
@VeryEvilPettingZoo butthurt
@VeryEvilPettingZoo you sound kind of mad bro
The problem with inequality is the human tendency to compare what you have to what others have. That's why no one is satisfied with a ten year old phone, or twenty year old car, even if they perform perfectly well.
This is especially true of young men, who compete for the attention of young women. That's why many disadvantaged young men turn to crime and violence.
Call it greed, call it jealousy, people are seldom thankful for what they have if they see others with more.
My car is 19 years old and my phone 3 years old. I completely agree with you. Not enough people listen to Dave Ramsey.
@@thecommonsenseconservative5576 Dave Ramsey says "have less now so you can have more later". Not the same as "have less now, have less later, and be happy about it!"
As a kid I was poor I saw that there was a better way of life and I went after it. If your poor it's because you enjoy to be poor.
"Unfair is a feature, not a bug" 🙈😂🤣 True...
UNFAIR IS GOOD
SJWS - REEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Oh Stossel!! What a voice of rationality and reason! Keep up with the good work chief!
I have never been paid bay a poor man. I am grateful to the welthy in The US
I grew up watching my dad pull us from the literal dirt, living in a tent, to a nice house in a nice neighborhood. I've got no time for inequality excuses; it's all bullshit.
Seems as the rich ie my boss got richer I got a 25% raise so I got richer aswell
more money to invest, its what i did, i got a 2K raise, put that in the "investments" and paid off, im not super rich, or i could have bought rims for my car, lol
@@gregoryeverson741 yes we have bin buying gold for short term investments and we are almost debt free will be 100% debt free by 2020
@@Mark-wq1nh sweet, being in debt sux, i got like 40K of debt left, i got these things called dividends, mine pay every 3months, investing is scary and fun, i hope you and your family do well
@@gregoryeverson741 yea being debt free in America is going to become a sing of wealth. If I was you I'd buy so $15 gold pieces before the nex election cycle starts they will at least double we has so $30 pieces in 08 they were worth 1500 by 2013
@@Mark-wq1nh i have some metals, im trying now to grow some veggies to sell at the farmer's market, something that i have noticed, nursing homes have gone up BIG time
I want the government to make me as good a tennis player as Roger Federrer. Take his talent and "share" it with me right?
Actually, socialists favor the equivalent of breaking his legs so that he's no better than you.
Governments makes everyones equal. Equally poor, equally dead, and equally suffering.
Reducing the gap in salary would help. If the CEO made 200% more instead of 2000% more... the employees could be paid more.
Funny I only hear about income inequality and not effort inequality.
Jesse W. I know right!!!!!!!
John Stossel a real journalist with seemingly real libertarian ideals.
A woman makes 2 quarters, 3 dimes, 3 nickles and 5 pennies for every dollar a man makes.
Reminds me of a comic I saw once.
Politician walks up to a poor guy and says, "here's some money we taxed from a rich person for you!"
Poor guy: "Really? Just like that?"
Politician: "JUST like that! Oh, and here's some more we took from rich, educated people to give to you for being uneducated! And some more taxes from a rich neighborhood because you live in a poor neighborhood. And here's some more for just being a great guy!"
Poor guy: "Wow! Nice! But......what does all this make me now?"
Politician: "...rich....."
The poor don't want to be equally rich. They want the rich to be equally poor