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Thread: Census: U.S. Poverty Rate Spikes, Nearly 50 Million Americans Affected

  1. #131
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    Re: Census: U.S. Poverty Rate Spikes, Nearly 50 Million Americans Affected

    Quote Originally Posted by Chelsea View Post
    Maybe having an everwidening income gap between middle and upper class America might not effect you, your family, or circle of friends immediately, but the time will come when it does hit a loved one. Here are a few articles that show why this gap is troublesome.
    The widening income gap is a Good Thing. Think about it. Back when we all lived in caves, there was not much of an income gap and there was not much that an ambitious youngster could look forward to. Now it is different . Everyone I know was "poor" when they left home and joined the world workforce to make their own way. Now they can seek fame, fortune, notoriety, whatever their heart desires. Of course there is a drawback: they must choose ... and then they must live with the consequences of their choice, for better or worse.
    "We the people are the rightful masters of both Congress & the courts, not to overthrow the Constitution, but overthrow the men who pervert the Constitution."
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  2. #132
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    Re: Census: U.S. Poverty Rate Spikes, Nearly 50 Million Americans Affected

    Quote Originally Posted by Grim17 View Post
    More data that confirms Obama's first term was fantastic... Funny how this comes out just after the election.

    Census: U.S. Poverty Rate Spikes, Nearly 50 Million Americans Affected CBS DC
    I know the government probably does the best it can with statistics, but I think it's important to remember that the boomers are retiring -- and that their income is drastically effected. I'm not sure the statistics are really an accurate reflection of who's moving out of the Middle Class.

    I would assume they're using income tax filings. Don't know how else they could do it, really. Once a boomer retires, his earned income is going to drop. His tax forms are going to reflect that, of course. But that does not mean he doesn't have a paid off home and two free-and-clear automobiles in the driveway.

    After having pondered this a while, I no longer believe the stats.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

  3. #133
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    Re: Census: U.S. Poverty Rate Spikes, Nearly 50 Million Americans Affected

    Quote Originally Posted by Diogenes View Post
    The widening income gap is a Good Thing. Think about it. Back when we all lived in caves, there was not much of an income gap and there was not much that an ambitious youngster could look forward to. Now it is different . Everyone I know was "poor" when they left home and joined the world workforce to make their own way. Now they can seek fame, fortune, notoriety, whatever their heart desires. Of course there is a drawback: they must choose ... and then they must live with the consequences of their choice, for better or worse.
    Yes, because the Dark Ages are something we should be basing our financial ideaologies on...

    When we lived in caves you didnt have to ask the government for licenses to hunt, gather, and fish. You didnt get permits for weapons to help that process and there was no healthcare so if you got sick, I assume you just laid down to die.

    We have the ability to help the poor and maintain a Middle Class America. Wealthy corporations can offer competative wages, insurance benefits, and decent vacation time. They used to and their companies had people move through the ranks internally, they invested in their employees. Now we have people scraping by, no health coverage, no vacation time, and companies are hiring in their managers and other promotional positions externally.

    The people working for 5-10 years at a low paying job are making a dollar or 2 more than when they started working and are let go when they get too old or too many fulltime benefits. This isnt the "work your ass off and get ahead" America it used to be. The deck is stacked against the working and middle classes right now.

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