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

  1. #221
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Boo Radley View Post
    You do realize in a real competition, there is only one winner. If winner makes up only 1% of the population, I wouldn't call that lots of winners.
    Who is the winner of football, baseball, soccer, etc?
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by Boo Radley View Post
    Don't make leaps. You don't do it well.

    Whether number is 1/2 % or 5% or hell, even 10%, that's a small percentage. So there are not a LOT of winners. But that's OK as long as the middle is strong. They see enough good to be comfortable and see a possible rise one day, even if it doesn't actually happen. But destroy the middle class, keep hating the working person, and that gap will be everyone's undoing sooner or later. It's just bad business.
    so someone making 100K, 200K or 300K is not a winner?

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

    Quote Originally Posted by Boo Radley View Post
    Don't make leaps. You don't do it well.

    Whether number is 1/2 % or 5% or hell, even 10%, that's a small percentage. So there are not a LOT of winners. But that's OK as long as the middle is strong. They see enough good to be comfortable and see a possible rise one day, even if it doesn't actually happen. But destroy the middle class, keep hating the working person, and that gap will be everyone's undoing sooner or later. It's just bad business.
    Just like everything else top teir income levels bring people in and drop people out, year after year.
    There is no permanence for some in upper, middle or lower.

    In fact our current income disparity can have multiple and varied reasons, that you don't know about, yet you assume it's because there is 1 winner.
    It's correlation = causation, crap logic.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by TurtleDude View Post
    so someone making 100K, 200K or 300K is not a winner?
    If I have more, I win.

    Do I need to define win for you?

    Seriously, that's good, but that group is shrinking and not growing. That's the point. Ideally, just like in grading, you'd like a nice curve with most in the middle. If you have most at the ends, and the middle small, there is likely a problem. This really isn't complicated.

    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.

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

    Quote Originally Posted by Harry Guerrilla View Post
    Just like everything else top teir income levels bring people in and drop people out, year after year.
    There is no permanence for some in upper, middle or lower.

    In fact our current income disparity can have multiple and varied reasons, that you don't know about, yet you assume it's because there is 1 winner.
    It's correlation = causation, crap logic.
    Yes, we know that. But if the gap studily grows, that is different. And I haven't mentioned reasons at all yet, though I suspect policy that favors wealthy and business play a role among many reasons.

    You too shouldn't make leaps as you're no better than TD at it.

    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.

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

    I should note that the number of winners is not really relevant. I said i prefer a society where some can win rather than everyone being forced into mediocrity. I tried out for two olympic teams knowing that in my sport and in my country I had about a one in four chance of making it (I didn't) and then about a one in 20 chance of winning a medal if I made the team. Bad odds but what I learned training for that (and all the other tournaments I won along the way including two america's cups) was very worthwhile. The left often seems to engage in a cynical view that people shouldn't try to win because the game is rigged against them and they are better off not expending the effort and letting the dem party and a dem run government taking care of them while many of us on the right argue that working hard and trying to win has massive benefits for both the individual and society even if most of those who try don't win

    a nation where everyone tries to be an olympic track or swimming or boxing or table tennis or badminton athlete is going to be far more healthy than one where everyone sits on their collective asses figuring its not worth the sweat and muscle aches given the odds against making the team.

    likewise, we have a far more prosperous nation where everyone tries to be self sufficient and economically independent if not "rich" than one where everyone sits around waiting for the welfare check

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

    Quote Originally Posted by Boo Radley View Post
    If I have more, I win.

    Do I need to define win for you?

    Seriously, that's good, but that group is shrinking and not growing. That's the point. Ideally, just like in grading, you'd like a nice curve with most in the middle. If you have most at the ends, and the middle small, there is likely a problem. This really isn't complicated.
    Win is for an instance and is not permanent.
    It just doesn't work they way you said it.

    There is no permanent winner, except for the people happy with their income level and lifestyle.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

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

    Quote Originally Posted by Boo Radley View Post
    Yes, we know that. But is the gap studily grows, that is different. And I haven't mentioned reasons at all yet, though I suspect policy that favors wealthy and business play a role.

    You too shouldn't make leaps as you're no better than TD at it.
    why do you keep telling others what they are good at. shall we discuss spelling? really it is you making the leaps poorly when you talked about the NUMBER of winners in response to my point about wanting a society where people CAN win rather than being forced into mediocrity

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

    Quote Originally Posted by Boo Radley View Post
    Yes, we know that. But if the gap studily grows, that is different. And I haven't mentioned reasons at all yet, though I suspect policy that favors wealthy and business play a role among many reasons.

    You too shouldn't make leaps as you're no better than TD at it.
    My leaps are better than yours.

    I suspect changes to the law, like the expansion of credit in the 1970's following the FCRA and also in the 1980's with mortgage interest being tax deductible.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  10. #230
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    Re: Census shows 1 in 2 people are poor or low-income

    Quote Originally Posted by TurtleDude View Post
    I should note that the number of winners is not really relevant. I said i prefer a society where some can win rather than everyone being forced into mediocrity. I tried out for two olympic teams knowing that in my sport and in my country I had about a one in four chance of making it (I didn't) and then about a one in 20 chance of winning a medal if I made the team. Bad odds but what I learned training for that (and all the other tournaments I won along the way including two america's cups) was very worthwhile. The left often seems to engage in a cynical view that people shouldn't try to win because the game is rigged against them and they are better off not expending the effort and letting the dem party and a dem run government taking care of them while many of us on the right argue that working hard and trying to win has massive benefits for both the individual and society even if most of those who try don't win

    a nation where everyone tries to be an olympic track or swimming or boxing or table tennis or badminton athlete is going to be far more healthy than one where everyone sits on their collective asses figuring its not worth the sweat and muscle aches given the odds against making the team.

    likewise, we have a far more prosperous nation where everyone tries to be self sufficient and economically independent if not "rich" than one where everyone sits around waiting for the welfare check
    I haven't heard anyone argue that they want a society where one can't win. In fact, while you may fond someone, that number is about as smaller as those who win. It is bad form to misrepresent the argument. Someone noted earliy that it was not about everyone being equal, but about equity, a very different word. So, you wrote a lot up there that has nothing to with what hardly anyone is arguing and nothing at all addressing what I have said. How should I respond to that?

    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.

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