Uncommon Sense

November 6, 2021

They Just Don’t Seem to Want to Work

The pandemic has made it obvious and clear that there is a whole stratum of our society composed of individuals who just don’t want to work.

Yes, I am talking about the idle rich.

The idle rich, living on unearned income/capital gains don’t produce anything, and therefore do not contribute to society. Instead they leech off of those of us doing meaningful work.

We need to curtail these sources of unearned income, so that the “job creators” will get back to work producing jobs and goods and services the American people value. Speculative market activities need to be reduced through transaction taxes or some such mechanism to reduce the speculations that are at the core of the incomes of the idle rich. About 100 years ago there was a sentiment that unearned income needed to be taxed at greater rates than income earned via the sweat of one’s brow. That sentiment has been reversed though the machinations of the idle rich by their bribing of politicians to make rule changes on their behalf. These changes need to be rolled back, and unearned income needs to be taxed at higher rates, so the idle rich aren’t being induced to waste their talents outside of the world of work.

Now, I am not going to draw conclusions about the idle rich regarding their behaviors, although some have, calling them lazy and slugabeds. But they have been seduced by easy unearned money and for the good of their souls and our society, that has to be stopped, and the sooner the better.

10 Comments »

  1. Could not have summed it up any better Steve!

    You’ve laid out the TRUE blueprints of Snowballing Wealth under intentional socioeconomic conditions best suited for said perpetual snowballing! Essentially bride the supposed “Oversighting mechanisms” in government, top to bottom—which has already been done in 2010 (Citizens United vs. FEC) and hence snowballs as well still!—and Voilà, you have a runaway freight train called Unfettered Capitalism manipulated by… yes, you said it precisely Steve…

    the Idle Rich. The Conductors on said speeding train. How much faster and heavier will poor and struggling middle-class, hardworking Americans watch idly by this Crazy Train 🚄 gain more and more speed, a bigger and bigger appetite? 🤦‍♂️

    Liked by 2 people

    Comment by Professor Taboo — November 6, 2021 @ 1:30 pm | Reply

  2. What bothers me is that when people become wealthy they have no compassion for those who are struggling. Every wealthy person thinks that they are better than everyone else.
    As a retired school teacher why do I have to pay taxes that are higher than what Trump paid? [Remember he paid $700 in taxes for two years.] Amazon pays no taxes.
    Elon Musk is worth $255.2 billion, the first American ever to exceed $250 billion in net worth (source: Forbes). How much can he spend each day to ever use up such a huge amount of money?
    Do the wealthy really need 10 yachts and mansions all over the world when people are starving and being put out on the streets to live?
    One thing the wealthy are good at is contributing to campaign funds and thereby continuously enhancing the monetary growth of those who will never be satisfied with the amount of money they possess.

    Liked by 2 people

    Comment by carolmalaysia — November 7, 2021 @ 4:52 am | Reply

    • D’accord! The Achille’s Heel of capitalism is that no limits are placed upon greed. Speculation is the root tool, leading people to making money by not producing anything of value. A number of European countries have shown how to tame the beast, but we don’ take no advice from no stinkin’ other countries!

      Liked by 1 person

      Comment by Steve Ruis — November 7, 2021 @ 8:30 am | Reply

      • Exactly Steve! 😡 The minute a non-religious or non-Christian group/political party budgets or spends millions on compassionate, or charitable, or better yet setup Equal Opportunity socioeconomic programs (benefitting the impoverished & disadvantaged)… those Wealthy Red Elephants scream the over-abused erroneous words “Socialism,” or “Communism”!!!

        And yet those two terms have essentially been extinct since the collapse of the USSR. 🤦🏻‍♂️🤬

        Liked by 1 person

        Comment by Professor Taboo — November 7, 2021 @ 8:44 am | Reply

        • The USSR was a totalitarian state, not a purely communist one. There were communist societies galore in our past that worked, so of course, we killed them.

          Liked by 1 person

          Comment by Steve Ruis — November 7, 2021 @ 8:51 am | Reply

          • Ah, yes… thank you for the correction. I was too hasty in my fervor & typing. 😉

            Speaking of Commy societies/nations, ☝️ “killed ’em, all but two:North Vietnam and Cuba both with their hefty allies.

            Got into a lengthy discussion with Mom this morning about the U,K.’s symbolic homage this month/day—during English Premier League football games watched—as poppy flowers in “Remembrance” to fallen soldiers “defending their native nation.” Told Mom I take exception to some wars past the U.S. actually started and by NO MEANS were defending our land between our two oceans and the Gulf of Mexico. Surprised, stunned a bit, she scolded me because we have several family members who served in all our military branches, 2-3 of them saw combat. She gave me that facial expression that still makes me shiver. 😄

            But fortunately she allowed me to explain what I meant. For the sake of brevity, I elaborated to her how and WHY the United States was NOT, nowhere even CLOSE, to “defending our nation” in Iraq from 2003 to 2011. And should I mention the 20-yrs of useless war in Afghanistan? Hah.

            Anyway, sadly the three major superpowers of the world DO NOT have to abide by (nor have they ever in modern times) international laws protecting humanity, human rights violations or atrocities, especially when NOT defending our native land!

            What’s even more ironically shameful Steve is that we Americans demand these international (Geneva Convention) laws re: war/combatants be enforced by all other global nations against belligerents, and yet as blatant hypocrites, we invade other nations with no proven (or sufficient?) cause/evidences to do so! We’re no different than when China or Russia do it as well, especially in Iraq. Should I mention WHO we supported to invade and commit violations/atrocities against humanity in 1947 to present in Palestine? Pfffffffft!!!! 😠

            We are SUCH double-standard hypocrites in these disunited states of America. 🤦‍♂️

            Like

            Comment by Professor Taboo — November 7, 2021 @ 11:51 am | Reply

            • Well DAYUM IT! Another typo Steve. Sorry. 😔

              I forgot to put a closed-bold after “Cuba” up there. Would you be so kind Sir? 🙂

              Like

              Comment by Professor Taboo — November 7, 2021 @ 11:53 am | Reply

    • To spend just one billion dollars in a calendar year, you must spend $532,000 per hour of every working day.

      Like

      Comment by Steve Ruis — January 4, 2022 @ 8:27 pm | Reply


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