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

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

    Quote Originally Posted by Harshaw View Post
    That is no response to what I said.
    It is. Yes, our system has a place where you play less taxes. When we're doing we'll, with a strong middle lass, more people are income brackets that pay taxes. Kind of silly to want the poor to pay, who are already struggling. And when we understood this, and tax rates were higher, that gap was smaller. As we're accepted the cut tax doctrine that have wealthy paying less and less, that gap has grown and base shrank.

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

    Quote Originally Posted by Boo Radley View Post
    It is. Yes, our system has a place where you play less taxes. When we're doing we'll, with a strong middle lass, more people are income brackets that pay taxes. Kind of silly to want the poor to pay, who are already struggling. And when we understood this, and tax rates were higher, that gap was smaller. As we're accepted the cut tax doctrine that have wealthy paying less and less, that gap has grown and base shrank.
    You're yammering about something entirely different now, not to mention confusing correlation with causality.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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

    Quote Originally Posted by Harshaw View Post
    You're yammering about something entirely different now, not to mention confusing correlation with causality.
    Oh, true case and effect are difficult, but if you read this is exactly what I've been saying. There's a study in polls forum. Or look up Stanford study on gap between rich and poor. I like thank because the focus is on the effect on education. But it covers this as well.

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

    Quote Originally Posted by MaggieD View Post
    I don't buy that. I just think that a larger % of Americans have decided it makes more sense to take a long vacation than to go out a get a job. (Sorry.)
    030810-jolts.jpg

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

    Quote Originally Posted by Harshaw View Post
    Ah, the infamous "gap between the rich and the poor," as though that in and of itself is meaningful.
    Well, it is quite meaningful, and quite relevant given our current situation. The decreased purchasing power of the lower and mid tier wage earners undoubtedly deepens and prolongs recessions.

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

    Quote Originally Posted by Fisher View Post
    People who buy into that "But for Obama it would have been worse" argument get what they deserve.
    Most adults should earnestly attempt to avoid wishing ill upon fellow Americans because of political preferences.

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

    Quote Originally Posted by a351 View Post
    Most adults should earnestly attempt to avoid wishing ill upon fellow Americans because of political preferences.
    Have no pity for people who do not see the economic writing on the wall. Sorry. I pay my own bills and ask nobody to do it for me.

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

    Quote Originally Posted by Boo Radley View Post
    If your numbers were all they were to it, then should happy as all get out. But you know as well as I such is not the case. What we're talking about is the gap between wealth and poverty. I pointed you to other thread
    OK... so what?
    There no increase in poverty, and so people are not being made poor to finance the increase in anyone's wealth.
    So... your complaint here doesnt have anyhting to do with the poor, but some unfounded idea that some people having 'more' is not a good thing - and, by extension, that the government needs to do something about it.

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

    Quote Originally Posted by a351 View Post
    Well, it is quite meaningful, and quite relevant given our current situation. The decreased purchasing power of the lower and mid tier wage earners undoubtedly deepens and prolongs recessions.
    An increasing gap does not necessarily indicate decreased purchasing power of anyone.

    Which is why, in and of itself, the gap is meaningless.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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

    On 60 Minutes, a segment about 3 MILLION jobs nation wide going unfilled, factory jobs! but, not the old type factory job where you can walk in off the street and be trained to put nut A on bolt B a few thousand times a day. You have to be able to do basic algebra and some trig...run some sophisticated milling machines without losing a finger or 2, and even show up on time every day. After 16 weeks of concentrated training, one company in NV hired a bunch at $12 per hour with benefits, with top pay eventually being over $50K per year, once they get more training and experience.
    One employer was asked why they didn't train people more, the business owner said, we are a factory, not a school, teaching is not our core competency, and if we have to train people from the ground up, we can't compete as well....or words to that effect...
    Oracle of Utah
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