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Thread: The American Middle Class Is No Longer the World’s Richest

  1. #111
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    Re: The American Middle Class Is No Longer the World’s Richest

    Quote Originally Posted by SheWolf View Post
    That is scary. I feel like there is little hope for America with people thinking like that.
    Little hope for America with people thinking the polar opposite and just as extreme (NIMBY - Wikipedia, the free encyclopedia)

    As always, some sort of middle ground will likely be best, should it be allowed to come to the fore by the extremists.
    Disinformation campaign? The Russian collusion meme pushed by the 'news' media, behaving as a political propaganda organ, hell bent to destroy a legitimately elected president to implement his agenda per the votes of the same electorate. Reference The Big Lie Reference Goebbels

  2. #112
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    Re: The American Middle Class Is No Longer the World’s Richest

    Quote Originally Posted by SheWolf View Post
    I am in the generation that will and has inherited the debt. Putting it on our backs in the form of personal debt is worse than having a federal deficit which even the baby boomers and millionaires and pay some on. It hurts the economy, because my generation is not spending, buying houses, and we are delaying children or not having them. Instead, we are paying off deb, loans, and taxes, and trying to catch in saving and planning for retirement. I will probably be in debt my entire life if this keeps up.

    Cutting things like grant programs to pay for college tuition so millionaires can pay lower taxes is exactly why the middle class is shrinking and the richest and doing great. They have lobbyist and pay thousands of dollars to eat dinners with politicians, influence them, and influence the language in bills that are written before they are even taken to the floor to vote.

    We have a oligarchy, and recent research provides proof of that claim. It's not just my opinion that America is becoming an oligarchy. There is research supporting the claim.
    Not sure if I'd go that far, but on the other hand, I've not looked over the research that you've mentioned.

    I'd like to see a rip roaring economy that can't hire enough people fast enough, which would in fact, drive up wages very quickly. Perhaps even sufficiently to afford the federal debt that has landed on the backs of those who are not responsible for incurring it
    Disinformation campaign? The Russian collusion meme pushed by the 'news' media, behaving as a political propaganda organ, hell bent to destroy a legitimately elected president to implement his agenda per the votes of the same electorate. Reference The Big Lie Reference Goebbels

  3. #113
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    Re: The American Middle Class Is No Longer the World’s Richest

    Quote Originally Posted by SheWolf View Post
    If you cut spending of infrastructure, education, research, college tuition grants, etc. then that is going to cut into the middle class and jobs. You're basically taking the federal deficit and putting on the backs of your kids and grandkids in the form of personal debt, and that hurts the middle class. Just look at the sequester. Yes, it was spending cut, and a very small spending cut in comparison to the rest of the budget, but kids were kicked out of Head Start, people were layed off/forced to work for no pay, and government contracts were cancelled. I know people in the DC area working with government contracting firms in areas like science and IT, and two of my friends lost their jobs. One went in the private sector and the other is still unemployed.
    Most education money comes from local govt, but the Fed has all kinds of rules they like impose from on high. That's where the problem is.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  4. #114
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    Re: The American Middle Class Is No Longer the World’s Richest

    Quote Originally Posted by American View Post
    Blacks have done so well voting for liberals, yeah.

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