Page 15 of 70 FirstFirst ... 513141516172565 ... LastLast
Results 141 to 150 of 697

Thread: Census shows 1 in 2 people are poor or low-income

  1. #141
    Professor
    Penderyn's Avatar
    Join Date
    Oct 2011
    Location
    UK, Cymru mostly.
    Last Seen
    05-03-17 @ 09:18 AM
    Gender
    Lean
    Undisclosed
    Posts
    1,618

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by rosie1 View Post
    Where did you get that,Pen? Are you saying 40% of Americans don't live in reality. What? 40% think they will win the lottery or inherit from an imagary long lost uncle?
    It was a recent survey, apparently, and it was quoted in a Guardian article in the last few days. I think it was part of a discussion of Republican oddities, but I'm not sure. I think, though, that like a lot of British people, they simply can't imagine how rich that top 1% is. I'll see if I can find the article.

  2. #142
    Professor
    Penderyn's Avatar
    Join Date
    Oct 2011
    Location
    UK, Cymru mostly.
    Last Seen
    05-03-17 @ 09:18 AM
    Gender
    Lean
    Undisclosed
    Posts
    1,618

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by j-mac View Post
    Dividing individuals into 'classes' such as the 'middle class' or 'working class' is purely a socialist paradigm. The very idea insinuates that upward mobility is not achievable in a free society. That is false for this country unless someone like Obama is re elected.


    j-mac
    I'm afraid capitalism does that, chum - though it certainly puts a lot of effort into telling the mugs lies about it!

  3. #143
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    12-08-17 @ 03:46 PM
    Gender
    Lean
    Conservative
    Posts
    30,272

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Penderyn View Post
    I'm afraid capitalism does that, chum - though it certainly puts a lot of effort into telling the mugs lies about it!
    So capitalism is the problem, is that what you are saying?


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  4. #144
    Banned
    Join Date
    Dec 2011
    Location
    Prague, Czech Rep.
    Last Seen
    10-10-12 @ 02:44 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    1,880

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by j-mac View Post
    So capitalism is the problem, is that what you are saying?


    j-mac
    Well, he does read the Guardian, so what else would he be saying? Btw, middle class in American English occupies the area between rich and poor. The Brits refer to middle class as those who are neither working class (lower class) and aristocracy. Usually white collar professional types and often wealthy, so there is not exact equivalent.

  5. #145
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    12-08-17 @ 03:46 PM
    Gender
    Lean
    Conservative
    Posts
    30,272

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Meathead View Post
    Well, he does read the Guardian, so what else would he be saying? Btw, middle class in American English occupies the area between rich and poor. The Brits refer to middle class as those who are neither working class (lower class) and aristocracy. Usually white collar professional types and often wealthy, so there is not exact equivalent.
    Then he makes my point.


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  6. #146
    Advisor nijato's Avatar
    Join Date
    Aug 2011
    Location
    Charm City, USA
    Last Seen
    01-19-12 @ 03:08 PM
    Gender
    Lean
    Libertarian - Left
    Posts
    417
    Blog Entries
    2
    Quote Originally Posted by whysoserious View Post
    I guess poor is poverty level or lower and "low income" is just above poverty level up to 199% of it. So if the poverty level is $25k, low income would be $25,001-50k?

    I'm not sure.
    Under $45k for a family of 4 is "low income"
    "A witty saying proves nothing." Voltaire

  7. #147
    Banned
    Join Date
    Jun 2011
    Last Seen
    03-16-12 @ 11:02 PM
    Gender
    Lean
    Libertarian
    Posts
    7,624

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by nijato View Post
    Amid the largest global recession since the Great Depression... oil prices act like the limiting reagent in the reaction known as real GDP growth.
    I wish it was still available but when oil went on it's climb to $150 I argued for probably two years that the climb was not based upon supply and demand wholely. I said based upon nothing more than a gut feeling that oil's proper market was around $80.

    I argued mostly with one person that worked in the financial markets. He told me that oil was not ever going to fall and to get used to it. We now know that the run up to $150 was just a part of the financial bubble that burst. It indeed contributed to the problems. We have done nothing to fix that and while we are closer right now to what is likely a true market, the players that have absolutely nothing to do with oil still have it run up and it's still contributing to our current malaise.

  8. #148
    Banned
    Join Date
    Jun 2011
    Last Seen
    03-16-12 @ 11:02 PM
    Gender
    Lean
    Libertarian
    Posts
    7,624

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by EarlzP View Post
    Lets be fair the prices at the grocery store are being pushed up by greedy Wall Street speculators, remember the truth will set us free
    Indeed that is playing a part but those speculators are being financed by the government.

  9. #149
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by 1Perry View Post
    This is simply an excuse for the government. The governments monetary policy has been nothing but bad for the lower classes.
    And you're for policies that favor them? I'll need your conservative card now.


    Obama promised to address the jobs going overseas. He's done absolutely nothing about it.
    And we expected? Republicans will do what?

    Again, we vote for them, and answers are not easy or likely forthcoming. At the end of the day, government can only control the economy if they control the economy.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  10. #150
    Banned
    Join Date
    Jun 2011
    Last Seen
    03-16-12 @ 11:02 PM
    Gender
    Lean
    Libertarian
    Posts
    7,624

    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by KevinKohler View Post
    No, they are not. Declining value of the USD plays a larger role than speculators.
    That does not dispute what he said. He didn't say the dollar played no role.

Page 15 of 70 FirstFirst ... 513141516172565 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •