Page 2 of 10 FirstFirst 1234 ... LastLast
Results 11 to 20 of 93

Thread: Middle-class poorer, earned less in 2000s

  1. #11
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 01:49 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,715

    Re: Middle-class poorer, earned less in 2000s

    Quote Originally Posted by Boo Radley View Post
    I know you've seen many links over the alst couple of years. And socialism is more your side's worn out catch word tactic, even when your side often ahs no idea what the definition of word actually is.

    You can find some information here:

    American Rights at Work



    AFL-CIO News: Surprise! Congressional Leaders' Tax Bill Favors Business

    http://www.nytimes.com/2007/12/14/wa...gewanted=print

    weak minded babble that is contrary to economic reality

    helping unions is contrary to economic reality

    that reality being global labor markets

  2. #12
    Sage
    Ikari's Avatar
    Join Date
    Dec 2006
    Location
    Colorado
    Last Seen
    12-08-17 @ 01:05 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    54,124

    Re: Middle-class poorer, earned less in 2000s

    Quote Originally Posted by TurtleDude View Post
    do the people who whine about this alleged problem have any valid solutions other than wanting the government to seize more money from the successful?
    Return to free market capitalism.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  3. #13
    Si vis pacem, para bellum
    Μολὼν λαβέ's Avatar
    Join Date
    May 2011
    Last Seen
    09-29-17 @ 11:22 PM
    Lean
    Conservative
    Posts
    6,914

    Re: Middle-class poorer, earned less in 2000s

    The middle class is poorer because of inflation since since the US went to a fiat currency in 1971. Obama raising the deficit to near 16 trillion almost insured an economic collapse in the not so distant future.
    Quote Originally Posted by Redress View Post
    Generalizations are stupid.
    Quote Originally Posted by Joe Steel View Post
    The Second Amendment has nothing to do with guns.

  4. #14
    Sage
    lpast's Avatar
    Join Date
    Mar 2011
    Location
    Fla
    Last Seen
    05-21-16 @ 10:12 PM
    Gender
    Lean
    Independent
    Posts
    13,565

    Re: Middle-class poorer, earned less in 2000s

    Quote Originally Posted by TurtleDude View Post
    so you are saying a company ought to pay 25 dollars per hour for labor and go out of business because the competition pays 5 an hour

    more mindless mantras that sound good and are devoid of reality

    its not my fault that someone can do unskilled labor for half the cost of unskilled US labor

    you seem to think that all we have to do is pay Americans far higher than Indians or Chinese and all will be fine when in reality paying more for the same commodity is going to cause the company to fail
    yeah nikes gonna go out of business charging 300.00 for sneakers that would cost 6 bucks to make here at 25 bucks an hour....using your ideals...most americans wont have a job to pay any taxs because your pig buddies dont want to pay anyone....ridiculous and its treason not capitolism.....they have take a capitolist society and extropulated it into a greedy destructive I dont give a chit for nothing but money force...that will implode

  5. #15
    Sage
    lpast's Avatar
    Join Date
    Mar 2011
    Location
    Fla
    Last Seen
    05-21-16 @ 10:12 PM
    Gender
    Lean
    Independent
    Posts
    13,565

    Re: Middle-class poorer, earned less in 2000s

    Quote Originally Posted by Μολὼν λαβέ View Post
    The middle class is poorer because of inflation since since the US went to a fiat currency in 1971. Obama raising the deficit to near 16 trillion almost insured an economic collapse in the not so distant future.

    That is just nonsense

  6. #16
    Global Moderator
    Moderator

    Zyphlin's Avatar
    Join Date
    Jul 2005
    Location
    NoMoAuchie
    Last Seen
    @
    Gender
    Lean
    Independent
    Posts
    47,998

    Re: Middle-class poorer, earned less in 2000s

    Quote Originally Posted by lpast View Post
    Ryan will fix this malais with the middle class...He will destroy medicare and give Romney a big TAX CUT...because the rich have gotten fabulously richer while pay half the taxs and they deserve more....and thats why im not a republican anymore folks...
    You realize both sides can easily spin this to suggest the other side is at fault. Why? Because, the decline didn't occur till 2007.

    Democrats will suggest that the actions of Republicans early in the decade came to roost at the end, resulting in a false bubble early on and the massive downturn later, which began while the Bush Administration was in office and continued due to legacy policies on from his time.

    Republicans will suggest that there was growth and prosperity while they were in power and the downturn began a year after democrats took full controll of the senate and continued right on through their win of the white house at the later part of the decade, caused by uncertainty in the future regarding fiscal issues and legislation on the democrats part.

    Both sides will do what politicians do....take the numbers and spin them in a way that makes their side look absolutely the best and having no hand what so ever in the negative part and making everything bad look like the fault of the other side. What will matter is which side has more compelling spin.

  7. #17
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Yesterday @ 10:35 PM
    Gender
    Lean
    Conservative
    Posts
    57,123

    Re: Middle-class poorer, earned less in 2000s

    Quote Originally Posted by lpast View Post
    That is just nonsense
    Actually that's the assessment of the Congressional Budget Office, the International Monetary Fund, and pretty much anyone else who has ever looked at our numbers.

  8. #18
    Sage
    Kreton's Avatar
    Join Date
    Apr 2011
    Location
    Colorado Springs
    Last Seen
    11-13-17 @ 08:01 PM
    Gender
    Lean
    Other
    Posts
    6,118

    Re: Middle-class poorer, earned less in 2000s

    Quote Originally Posted by Boo Radley View Post
    Many spoken of efforts to help. First stop favoring business over working people. Second, take money out of politics so government is less connected to the wealthy. These two alone would be a good start.
    How would that change anything? The people of this country give their money to big businesses. That is why the rich have most of the money. The government cannot fix that. People need to change that. Stop giving money to big businesses and instead give your money to small business owners (essentially the middle and lower classes of America). If you want to see what is causing the wealth disparity go sit outside walmart and count the people going in and out. Go inside and look at what they are buying. Then go look at a small business run by a local person downtown and do the same. There is your problem. Government cannot fix that.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


  9. #19
    Sage
    Taylor's Avatar
    Join Date
    Aug 2009
    Location
    US
    Last Seen
    Yesterday @ 07:28 PM
    Lean
    Undisclosed
    Posts
    6,170

    Re: Middle-class poorer, earned less in 2000s

    For the first time since at least World War II, middle-class families finished the first decade of the 21st century poorer and with lower incomes than they had 10 years earlier.
    What a coincidence... for the first time since at least World War II, the decade began during a major economic expansion and came to an end at the tail of a major recession.

    "That the middle class always enjoys a rising standard of living is part of America's sense of itself, and it has always been true - until now," Taylor said in an interview
    Always been true? It wasn't true in the early 80's, wasn't true in the early 90's, wasn't true in the in the early 00's... (I see a pattern here).

  10. #20
    Banned
    Join Date
    Mar 2009
    Location
    Naperville, IL
    Last Seen
    09-24-12 @ 02:14 PM
    Gender
    Lean
    Moderate
    Posts
    11,963

    Re: Middle-class poorer, earned less in 2000s

    Quote Originally Posted by lpast View Post
    Ryan will fix this malais with the middle class...He will destroy medicare and give Romney a big TAX CUT...because the rich have gotten fabulously richer while pay half the taxs and they deserve more....and thats why im not a republican anymore folks...


    For the first time since at least World War II, middle-class families finished the first decade of the 21st century poorer and with lower incomes than they had 10 years earlier.
    And 85% of those surveyed say that in the 2000s, it was harder than before to maintain a middle-class lifestyle, according to a study out Wednesday by the Pew Research Center for Social and Demographic Trends.
    Median household income dropped nearly $3,500 for a three-person household, to $69,487 a year, the Pew study said. The median household's net worth dropped 28% to $93,150. Incomes have dropped since 2000, while wealth rose modestly early in the decade before gains were wiped out by the recession that began in 2007 recession and the financial crisis sparked in 2008, said Paul Taylor, a Pew executive vice president.



    "That the middle class always enjoys a rising standard of living is part of America's sense of itself, and it has always been true - until now," Taylor said in an interview, describing the 2000s as a "lost decade" for the middle class. "It's been 11 years since the peak in household incomes, and that covers the early part of the decade as well."
    The middle class grew smaller, poorer and more pessimistic during the decade, Pew said after analyzing both its own polling data and a raft of government and private economic reports. The results show even a weakening of Americans' traditional faith that their children will be better off than their parents, Taylor said: 43% of respondents think their children will be richer than they are, down from 51% in 2008.


    Study: Middle-class poorer, earned less in 2000s
    Nah... that can't be right.

    W. gave those tax cuts to the wealthy and the prosperity was supposed to 'trickle down'.

    Free up the free market with deregulation and everybody wins, right?

Page 2 of 10 FirstFirst 1234 ... 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
  •