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Uploaded by on Jan 4, 2011

HowTheWorldWorks is the name of this channel. The Video is uploaded by Lee Doren.

TWITTER:
http://www.twitter.com/LDoren

FACEBOOK:
http://www.facebook.com/LeeDoren1

WEBSITE:
http://www.LeeDoren.com

BarStool Economics:
http://www.youtube.com/watch?v=Xj7nRc3_EG0

Fox News Viewers Are Misinformed Study, The Critique
http://www.youtube.com/watch?v=O8KHOgyYyHQ

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News & Politics

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License:

Standard YouTube License

  • likes, 189 dislikes

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  • How exactly does the fact that a comment got thumbs up mean a person gave their own comment a good rating, that's just wrong.

  • @Peaserist I disagree, listen to me! I disagree, listen to me! I disagree, listen to me! I disagree, listen to me! I disagree, listen to me! I disagree, listen to me! I disagree, listen to me! I disagree, listen to me! I disagree, listen to me! I disagree, listen to me! I disagree, listen to me! I disagree, listen to me! I disagree, listen to me! I disagree, listen to me! I disagree, listen to me! I disagree, listen to me! I disagree, listen to me! I disagree, listen to me!

  • "WALL OF TEXT"

    "WALL OF TEXT"

    "WALL OF TEXT"

  • @30dogsinasuitcase And he'd be paying more than the 9 together. So wouldn't it make sense he should have more than the other 9 together? And greed is one thing, but don't we want people to make excess? Doesn't that mean more profts, more taxes, bigger companies with more jobs, and according to most studies american weathly give more to charity then in any other country in the world.

  • @30dogsinasuitcase Are you suggesting that without proper arithmetic the middle class wins? Nobody was talking about whether taxes are good for a stable society. No one was talking about greed or the middle class, this is strawman and red herring. You did nothing to actually respond to his arguments against thoughtless trolls and only made a minor adjustment to the analogy that would not change his point! Note how in barstool analogy, the wealthiest paid more than the other 9 men combined.

  • @30dogsinasuitcase The Federal Reserve is the problem.

  • In bar stool economics you fail to mention that if there are 10 patrons at the bar, the richest one of them has as much wealth as the other nine put together. If you want to talk about arithmetic, sure, it's a completely valid analogy. But when it comes to what our tax dollars actually do, it's much more complex than a bar tab. If you want to argue arithmetic, you win; the middle class loses. If you want to discuss the makings of a stable society, I say we tax greed and excess.

  • @MrJasonekos You say that I am using big words to try to sound eloquent however I could turn around and declare that I am making the case. Criticising my apparent use of tautology doesn't address anything, and actually, I don't see why I should simplify my choice of language.

    I am not speaking in black and white terms. However what you must accept is that the richer you are, the more influence you have, the richest in society are biased towards keeping it that way. Our society is proof of that.

  • @ec123456789able right but middle class people can do all those things you just said. You have compared two groups of people that are completely opposite, which is a very black-white point of view, which is ironically too simple. You can use complicated words and try to sound eloquent but there's only so much you can do to try to make nonsense sound like something of importance. You pretty much just used the concept that since poor people are poor they can't do the same things that businesses do

  • @ec123456789able

    "The rich can avoid paying income tax by investing the profits "

    You're talking about Capital gains Tax now.

    When a person invest and recieves back capital gains, they must pay 15% of income on it.

    Too low you think? Well here's why it is... that money was already taxed.

    They gave their money to a corporation, and then that Corporation gave a portion of that money to the Gov't, because THEY were taxed also.

    So what is 15%, is actually 30% or higher. Double-tax.

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