Posts Tagged ‘income inequality’
Bernie Sanders: Income Inequality Issue
on Sunday, May 29, 2016Bernie Sanders Money Quote saying unfairness of wealth distribution should be focus of economic and political efforts to resolve them. Bernie Sanders said:
“The issue of wealth and income inequality is the great economic issue of our time, the great political issue of our time, and the great moral issue of our time” — Bernie Sanders
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In this quote, Bernie Sanders is emphasizing the profound importance of addressing wealth and income inequality. He calls it not only the defining “economic issue” but also the preeminent “political issue” and “moral issue” facing society.
Sanders appears to be arguing that reducing the massive gaps between the richest people and everyone else in terms of both accumulated wealth and earnings should be one of the top priorities.
The quote suggests he believes tackling inequality is not just a matter of economics but also involves questions of political systems and structures of power, as well as fundamental issues of ethics and justice.
Overall, Sanders is stressing that resolving the problem of disproportionate concentrations of riches and resources among a minority must be among the most pressing challenges of the time.
Carl Icahn: Laws Caused Income Inequality
on Friday, October 23, 2015Carl Icahn Money Quotation saying that government and politicians wrote and passed laws that lead to income inequality, but refuse to legislate it now. Carl Icahn said:
“Politicians argue that government should not interfere with the ‘business judgment’, of our companies and, therefore they cannot pass laws to encourage ‘income equality.’ … the sad fact is that the government has actually passed many laws that have brought about ‘income inequality'” — Carl Icahn
In this quote, Carl Icahn is criticizing the argument made by some politicians that the government should not interfere with business decisions or pass laws aimed at encouraging income equality. Icahn acknowledges that on the surface, this stance seems to promote less government interference in the free market.
However, he then points out the hypocrisy by stating that in reality, the government has already passed numerous laws over time that have directly contributed to rising income inequality between the wealthy and ordinary workers.
Icahn appears to be implying that if politicians are going to defer to business judgment and not enact equality-promoting laws, they should also repeal existing legislation that has skewed the system to benefit some corporate interests and executives over average employees.
Overall, the quote suggests Icahn believes the government cannot claim neutrality on this issue since it has actively shaped outcomes through prior lawmaking.
Birthday: February 17, 1889 – Death: November 29, 1974
Income Inequality Statistics in U.S.
on Tuesday, September 15, 2015Just 400 Americans control as much wealth as the bottom half of the entire country via @occupygeorge
The income growth disparity in America is wider than it was pre-Great Depression via @occupygeorge
In America, the average CEO earns 185 times more than the average worker via @occupygeorge
Richest 1% of Americans control 1/3 of wealth, leaving bottom 80% with less than 1/5 via @occupygeorge
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Bernie Sanders: Money Cannot Be God
on Sunday, July 26, 2015Bernie Sanders Money Quotation saying he agrees with Pope Francis that there are many more important things in life than the almighty dollar. Bernie Sanders said:
“Money cannot be the God of life” — Bernie Sanders
In this quote, Bernie Sanders is cautioning against allowing money to become one’s highest priority or source of meaning in life. His view seems to be that wealth should not be worshipped or seen as the ultimate goal, as that can corrupt one’s values and priorities. Sanders implies that when financial gain is pursued to the exclusion of other considerations like health, relationships, community and ethics, it replaces spirituality and humanity as the central focus.
His message conveys that while money plays an important role, it should not be treated as an omnipotent or omniscient force that dictates one’s choices and path. Overall, Sanders is advocating that people not deify or depend solely upon money as the most important factor, but instead recognize its proper place within the broader context of living a purposeful, principled life.
"Money cannot be the God of life," – Bernie Sanders on Pope Francis and income inequality https://t.co/B2F5EPLeyn
— Face The Nation (@FaceTheNation) July 12, 2015