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Middle income earners making even less under the Obama presidency than Bush

Yes but the more important and pressing discussion to be had is why this is occuring? Is it directly related to policies enacted by Obama, or is it simply the predictably harsh effects of a recessionary period on low to middle income earners?
 
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:shakes head: Meanwhile, the Wall Street Fatcats are celebrating that Obama has ensured that the Dow is back to record heights.


:( When will Obama's stop taking from the middle class to give to the rich?
 
cpwill said:
:shakes head: Meanwhile, the Wall Street Fatcats are celebrating that Obama has ensured that the Dow is back to record heights.


:( When will Obama's stop taking from the middle class to give to the rich?
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What Obama policies have robbed the middle class in your opinion?
 
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johnny_rebson said:
There are still too many people in this country who are overpaid. There should be more pay cuts for those in the bottom half.

I really wish we could get rid of the minimum wage. Then many of those who are overpaid would get the lower wage that they really deserve.

And of course we need to get rid of unions.
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That's a great plan for economic growth! Gut wages further for the lower and middle classes, who have already been disproportionately affected by the recession. That's a sure fire way to absolutely bludgeon consumption over the head. That's also honestly the first time I've heard this bit of abstract genius suggested in a serious manner, let's hope it will also be the last.
 
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Hare said:
That's a great plan for economic growth! Gut wages further for the lower and middle classes, who have already been disproportionately affected by the recession. That's a sure fire way to absolutely bludgeon consumption over the head. That's also honestly the first time I've heard this bit of abstract genius, and let's hope it will be the last.
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So I'm the first person you've heard say that unions should go the way of the dinosaur??? Do you live under a rock?
 
johnny_rebson said:
So I'm the first person you've heard say that unions should go the way of the dinosaur??? Do you live under a rock?
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You're the first person I've heard suggest that the economy is bottom heavy on the wage scale, and that gutting wages for consumers in an already demand starved market would actually be a fruitful action.
 
Hare said:
You're the first person I've heard suggest that the economy is bottom heavy on the wage scale, and that gutting wages for consumers in an already demand starved market would actually be a fruitful action.
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Many blue collar and other workers without college degrees are overpaid. That's why we had to send so many American jobs to China.
 
cpwill said:
:shakes head: Meanwhile, the Wall Street Fatcats are celebrating that Obama has ensured that the Dow is back to record heights.


:( When will Obama's stop taking from the middle class to give to the rich?
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Wait i thought it was the other way around... I thought Obama was punishing the rich for being successful.. Im confused... :confused:

You guys need to get your talking points straight
 
johnny_rebson said:
Many blue collar and other workers without college degrees are overpaid. That's why we had to send so many American jobs to China.
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So you figure we should be paying factory workers and other blue collar labor about $160 a month, like China?
 
The only way to blame Obama for this is that he is doing nothing about it. I don't know of a policy of his that has caused this.
 
Hare said:
What Obama policies have robbed the middle class in your opinion?
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the wealthy are making money and someone else is losing it. obviously the middle class is being robbed. :( so sad that Obama is willing to run over the middle class to help out his fat cat buddies.
 
cpwill said:
the wealthy are making money and someone else is losing it. obviously the middle class is being robbed. :( so sad that Obama is willing to run over the middle class to help out his fat cat buddies.
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So you're telling me that all that Marxist/Socialist stuff that the right is always trying to pin on Obama is just a line of bull****? Interesting.
 
cpwill said:
:shakes head: Meanwhile, the Wall Street Fatcats are celebrating that Obama has ensured that the Dow is back to record heights.


:( When will Obama's stop taking from the middle class to give to the rich?
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When you stop supporting him. :2razz:
 
AdamT said:
So you're telling me that all that Marxist/Socialist stuff that the right is always trying to pin on Obama is just a line of bull****? Interesting.
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:shrug: wealth is finite and only moves when government shifts it, so obviously Obama has joined up into class warfare all right - and he's on the side of the rich.
 
305rob305 said:
Obama Fails to Stem Middle-Class Slide He Blamed on Bush- Bloomberg
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cpwill
This is nothing new it has been the long term trend since Reagan started "supply side" voodoo economics. The only recent period where the rich were not getting richer at a faster rate than the middle class was during a few of the Clinton years. Reversing that trend takes time and we haven't even ended those disasterous gift cuts for the top bracket yet. That 39% top rate is what made everthing take off in the 90's.
It will be a wake up call for you too. It will be time to stop worrying about how much you will sock away as much as what can you will do with it instead of giving it to the Govt. Middle class wages took jump up back in the 90's too, I wonder if that was why? Raises for everyone you employee? That would cut your taxes quite a bit I bet. You might even end up paying less next year. Wouldn't that be grand. You see it won't matter whether you pay it in taxes or pay it to your employees, that money will be out there working and growing the economy. Not sitting in some hedge fund bidding up commodities and raiding our wallets.
 
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cpwill said:
:shrug: wealth is finite and only moves when government shifts it, so obviously Obama has joined up into class warfare all right - and he's on the side of the rich.
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Clearly he is on the side of the job creators. Glad to see you've come around.
 
TheDemSocialist said:
Wait i thought it was the other way around... I thought Obama was punishing the rich for being successful.. Im confused... :confused:

You guys need to get your talking points straight
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AdamT said:
So you're telling me that all that Marxist/Socialist stuff that the right is always trying to pin on Obama is just a line of bull****? Interesting.
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sarcasm.jpg
 
cpwill said:
:shrug: wealth is finite and only moves when government shifts it, so obviously Obama has joined up into class warfare all right - and he's on the side of the rich.
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wealth is finite !!!!!!

Wow! that is a great refutation of not only economic theory but also of all that some folks have learned by studying history.
 
Harshaw said:
:lamo

cp played that one beautifully.

I'll bet they still don't get his full point.
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Yeah, it was so sophisticated the way it turned on him and bit him on the ass. :lol:
 
AdamT said:
Yeah, it was so sophisticated the way it turned on him and bit him on the ass. :lol:
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:lamo

You think it did because because the point sailed right over you.
 
from the originating link
1% Get 93%

A president who attacked Bush’s policies for favoring the rich has overseen a recovery in which the wealthiest 1 percent captured 93 percent of per-capita real income gains in 2010, according to an analysis of tax data by Emmanuel Saez, an economics professor at the University of California at Berkeley.

On average, families in the top 1 percent saw their inflation-adjusted incomes rise by $105,637 that year from 2009, according to Saez.
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Sure looks like another refutation of "trickle-down" economics. Yet, now that the Repubs are attacking the President for allowing the rich to get richer, they seem to have forgotten all those charges they laid out in the first two years of Obama's time in office - you know, the ones about him being some kind of "Kenyan, anti-colonialist, Marxist"

Is flip-flopping a requirement for those who call themselves 'conservative' in present-day America? Or is it that lying is not seen as a immoral when used in attacking a political opponent?
 
Harshaw said:
:lamo

You think it did because because the point sailed right over you.
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Yeah, like a balloon float in the Macy's parade, and just as hidden. :lol:
 
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