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No doubt Herr Markle and Pacedog are thrilled to learn these sad facts ...
No doubt Herr Markle and Pacedog are thrilled to learn these sad facts ...
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America's middle class no longer the richest!
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2 Re: America's middle class no longer the richest! 4/22/2014, 10:11 pm
Guest
Guest
Wordslinger wrote:http://www.informationclearinghouse.info/article38306.htm
No doubt Herr Markle and Pacedog are thrilled to learn these sad facts ...
You must be confused again.
seems from your post all the time this would give you the giggles.
3 Re: America's middle class no longer the richest! 4/22/2014, 10:55 pm
Guest
Guest
That only happened on Obama's watch .....
4 Re: America's middle class no longer the richest! 4/22/2014, 10:57 pm
Wordslinger
PACEDOG#1 wrote:That only happened on Obama's watch .....
Yeah, if only he were gone and we could go back to being the rich middle class we were under Dubya .... LOL
5 Re: America's middle class no longer the richest! 4/23/2014, 12:19 am
Markle
Sad isn't it? My good friend and Socialist/Communist Wordslinger finds it terrific that more Americans are sharing misery.
People were wealthier and far more people were employed and working to better themselves and their families. All in the time of President George Walker Bush.
People were wealthier and far more people were employed and working to better themselves and their families. All in the time of President George Walker Bush.
6 Re: America's middle class no longer the richest! 4/23/2014, 12:58 am
Guest
Guest
I actually got raises when W was POTUS. We just got our first this year since Obama took office in 2009.Wordslinger wrote:PACEDOG#1 wrote:That only happened on Obama's watch .....
Yeah, if only he were gone and we could go back to being the rich middle class we were under Dubya .... LOL
7 Re: America's middle class no longer the richest! 4/23/2014, 7:13 am
Guest
Guest
its good to know who our enemies are
8 Re: America's middle class no longer the richest! 4/23/2014, 9:26 am
Wordslinger
The middle class is being decimated, and your answer is to cut taxes on corporations and the ultra rich, do away with the minimum wage, and shut down the EPA.
Our economy sucked under Dubya and it sucks under Obama.
But you whackos can't consider anything unless it's framed in right vs. left.
No wonder we're sinking!
Our economy sucked under Dubya and it sucks under Obama.
But you whackos can't consider anything unless it's framed in right vs. left.
No wonder we're sinking!
9 Re: America's middle class no longer the richest! 4/23/2014, 9:30 am
Guest
Guest
Wordslinger wrote:The middle class is being decimated, and your answer is to cut taxes on corporations and the ultra rich, do away with the minimum wage, and shut down the EPA.
Our economy sucked under Dubya and it sucks under Obama.
But you whackos can't consider anything unless it's framed in right vs. left.
No wonder we're sinking!
Facts are facts...I was better off under "W" as compared to Obummer. I'm making my assertion based on when I had more money in my wallet.
10 Re: America's middle class no longer the richest! 4/23/2014, 10:39 am
Guest
Guest
It's just the squeeze... the same thing that drove the arab spring and the unrest in spain, portugal, libya... etc.
11 Re: America's middle class no longer the richest! 4/23/2014, 11:27 am
cubbynole
Wordslinger wrote:The middle class is being decimated, and your answer is to cut taxes on corporations and the ultra rich, do away with the minimum wage, and shut down the EPA.
Our economy sucked under Dubya and it sucks under Obama.
But you whackos can't consider anything unless it's framed in right vs. left.
No wonder we're sinking!
How will raising taxes on "corporations and the ultra rich", maintaining/raising minimum wage, and expanding the EPA help the middle class?
Our shrinking middle class is simply a supply/demand problem. Demand>Supply, so wages are going to be low.
12 Re: America's middle class no longer the richest! 4/23/2014, 12:17 pm
othershoe1030
PACEDOG#1 wrote:Wordslinger wrote:The middle class is being decimated, and your answer is to cut taxes on corporations and the ultra rich, do away with the minimum wage, and shut down the EPA.
Our economy sucked under Dubya and it sucks under Obama.
But you whackos can't consider anything unless it's framed in right vs. left.
No wonder we're sinking!
Facts are facts...I was better off under "W" as compared to Obummer. I'm making my assertion based on when I had more money in my wallet.
You may have had more money in your wallet but it was fake money based on the schemes of Wall Street gone wild. If this were not the case the economy would not have gone down the drain in 2008 and we would all be in much better shape today than we are. The whole thing fell apart because it was bogus.
13 Re: America's middle class no longer the richest! 4/23/2014, 12:44 pm
Guest
Guest
othershoe1030 wrote:PACEDOG#1 wrote:Wordslinger wrote:The middle class is being decimated, and your answer is to cut taxes on corporations and the ultra rich, do away with the minimum wage, and shut down the EPA.
Our economy sucked under Dubya and it sucks under Obama.
But you whackos can't consider anything unless it's framed in right vs. left.
No wonder we're sinking!
Facts are facts...I was better off under "W" as compared to Obummer. I'm making my assertion based on when I had more money in my wallet.
You may have had more money in your wallet but it was fake money based on the schemes of Wall Street gone wild. If this were not the case the economy would not have gone down the drain in 2008 and we would all be in much better shape today than we are. The whole thing fell apart because it was bogus.
What exactly do you think has driven the stock market to the record highs recently? Sound fiscal policy?
14 Re: America's middle class no longer the richest! 4/23/2014, 10:38 pm
Markle
othershoe1030 wrote:PACEDOG#1 wrote:Wordslinger wrote:The middle class is being decimated, and your answer is to cut taxes on corporations and the ultra rich, do away with the minimum wage, and shut down the EPA.
Our economy sucked under Dubya and it sucks under Obama.
But you whackos can't consider anything unless it's framed in right vs. left.
No wonder we're sinking!
Facts are facts...I was better off under "W" as compared to Obummer. I'm making my assertion based on when I had more money in my wallet.
You may have had more money in your wallet but it was fake money based on the schemes of Wall Street gone wild. If this were not the case the economy would not have gone down the drain in 2008 and we would all be in much better shape today than we are. The whole thing fell apart because it was bogus.
Bogus? Compared to today's money? You're joking!
We also have less money in our pockets today. The money being printed by the Fed is finding its way to the stock market through a convoluted circuitous route. EVEN YOU must recognize these FACTS.
This is a chart showing the dollars in circulation.
Was it NOT Barney Franks, just months before the collapse who told us Fannie and Freddie were fine investments going forward?
15 Re: America's middle class no longer the richest! 4/24/2014, 9:16 am
othershoe1030
PkrBum wrote:othershoe1030 wrote:PACEDOG#1 wrote:Wordslinger wrote:The middle class is being decimated, and your answer is to cut taxes on corporations and the ultra rich, do away with the minimum wage, and shut down the EPA.
Our economy sucked under Dubya and it sucks under Obama.
But you whackos can't consider anything unless it's framed in right vs. left.
No wonder we're sinking!
Facts are facts...I was better off under "W" as compared to Obummer. I'm making my assertion based on when I had more money in my wallet.
You may have had more money in your wallet but it was fake money based on the schemes of Wall Street gone wild. If this were not the case the economy would not have gone down the drain in 2008 and we would all be in much better shape today than we are. The whole thing fell apart because it was bogus.
What exactly do you think has driven the stock market to the record highs recently? Sound fiscal policy?
The stock market lives a life of its own. It does not reflect what most families are experiencing.
16 Re: America's middle class no longer the richest! 4/24/2014, 9:19 am
othershoe1030
Markle wrote:othershoe1030 wrote:PACEDOG#1 wrote:Wordslinger wrote:The middle class is being decimated, and your answer is to cut taxes on corporations and the ultra rich, do away with the minimum wage, and shut down the EPA.
Our economy sucked under Dubya and it sucks under Obama.
But you whackos can't consider anything unless it's framed in right vs. left.
No wonder we're sinking!
Facts are facts...I was better off under "W" as compared to Obummer. I'm making my assertion based on when I had more money in my wallet.
You may have had more money in your wallet but it was fake money based on the schemes of Wall Street gone wild. If this were not the case the economy would not have gone down the drain in 2008 and we would all be in much better shape today than we are. The whole thing fell apart because it was bogus.
Bogus? Compared to today's money? You're joking!
We also have less money in our pockets today. The money being printed by the Fed is finding its way to the stock market through a convoluted circuitous route. EVEN YOU must recognize these FACTS.
This is a chart showing the dollars in circulation.
Was it NOT Barney Franks, just months before the collapse who told us Fannie and Freddie were fine investments going forward?
I don't think it is accurate to equate "money in your pocket" with "money in circulation". There may be more $$$ in circulation but they are not circulating in the middle class.
17 Re: America's middle class no longer the richest! 4/24/2014, 9:31 am
Guest
Guest
othershoe1030 wrote:PACEDOG#1 wrote:Wordslinger wrote:The middle class is being decimated, and your answer is to cut taxes on corporations and the ultra rich, do away with the minimum wage, and shut down the EPA.
Our economy sucked under Dubya and it sucks under Obama.
But you whackos can't consider anything unless it's framed in right vs. left.
No wonder we're sinking!
Facts are facts...I was better off under "W" as compared to Obummer. I'm making my assertion based on when I had more money in my wallet.
You may have had more money in your wallet but it was fake money based on the schemes of Wall Street gone wild. If this were not the case the economy would not have gone down the drain in 2008 and we would all be in much better shape today than we are. The whole thing fell apart because it was bogus.
Fake money? Really? It spent well enough. I guess my REAL MONEY now is more valid even though through inflation and the other costs that have increased almost double I have less to spend..
NOT
18 Re: America's middle class no longer the richest! 4/24/2014, 9:31 am
Guest
Guest
othershoe1030 wrote:Markle wrote:othershoe1030 wrote:PACEDOG#1 wrote:Wordslinger wrote:The middle class is being decimated, and your answer is to cut taxes on corporations and the ultra rich, do away with the minimum wage, and shut down the EPA.
Our economy sucked under Dubya and it sucks under Obama.
But you whackos can't consider anything unless it's framed in right vs. left.
No wonder we're sinking!
Facts are facts...I was better off under "W" as compared to Obummer. I'm making my assertion based on when I had more money in my wallet.
You may have had more money in your wallet but it was fake money based on the schemes of Wall Street gone wild. If this were not the case the economy would not have gone down the drain in 2008 and we would all be in much better shape today than we are. The whole thing fell apart because it was bogus.
Bogus? Compared to today's money? You're joking!
We also have less money in our pockets today. The money being printed by the Fed is finding its way to the stock market through a convoluted circuitous route. EVEN YOU must recognize these FACTS.
This is a chart showing the dollars in circulation.
Was it NOT Barney Franks, just months before the collapse who told us Fannie and Freddie were fine investments going forward?
I don't think it is accurate to equate "money in your pocket" with "money in circulation". There may be more $$$ in circulation but they are not circulating in the middle class.
Sure it is......but the middle class is being taxed to death to pay for Obamacare.
19 Re: America's middle class no longer the richest! 4/24/2014, 10:28 am
othershoe1030
PACEDOG#1 wrote:othershoe1030 wrote:Markle wrote:othershoe1030 wrote:PACEDOG#1 wrote:Wordslinger wrote:The middle class is being decimated, and your answer is to cut taxes on corporations and the ultra rich, do away with the minimum wage, and shut down the EPA.
Our economy sucked under Dubya and it sucks under Obama.
But you whackos can't consider anything unless it's framed in right vs. left.
No wonder we're sinking!
Facts are facts...I was better off under "W" as compared to Obummer. I'm making my assertion based on when I had more money in my wallet.
You may have had more money in your wallet but it was fake money based on the schemes of Wall Street gone wild. If this were not the case the economy would not have gone down the drain in 2008 and we would all be in much better shape today than we are. The whole thing fell apart because it was bogus.
Bogus? Compared to today's money? You're joking!
We also have less money in our pockets today. The money being printed by the Fed is finding its way to the stock market through a convoluted circuitous route. EVEN YOU must recognize these FACTS.
This is a chart showing the dollars in circulation.
Was it NOT Barney Franks, just months before the collapse who told us Fannie and Freddie were fine investments going forward?
I don't think it is accurate to equate "money in your pocket" with "money in circulation". There may be more $$$ in circulation but they are not circulating in the middle class.
Sure it is......but the middle class is being taxed to death to pay for Obamacare.
Oh really? You don't say? Taxed to pay for the PPACA? Otherwise the middle class would be in great shape? I don't think so. That statement is just more wishful thinking. Is it based on any real world data? I don't know but here is more from the original article of this thread. The article points out that while the economy in general is growing the profits are going to the top income brackets.
The findings are striking because the most commonly cited economic statistics — such as per capita gross domestic product — continue to show that the United States has maintained its lead as the world’s richest large country. But those numbers are averages, which do not capture the distribution of income. With a big share of recent income gains in this country flowing to a relatively small slice of high-earning households, most Americans are not keeping pace with their counterparts around the world.
“The idea that the median American has so much more income than the middle class in all other parts of the world is not true these days,” said Lawrence Katz, a Harvard economist who is not associated with LIS. “In 1960, we were massively richer than anyone else. In 1980, we were richer. In the 1990s, we were still richer.”
That is no longer the case, Professor Katz added.
Median per capita income was $18,700 in the United States in 2010 (which translates to about $75,000 for a family of four after taxes), up 20 percent since 1980 but virtually unchanged since 2000, after adjusting for inflation. The same measure, by comparison, rose about 20 percent in Britain between 2000 and 2010 and 14 percent in the Netherlands. Median income also rose 20 percent in Canada between 2000 and 2010, to the equivalent of $18,700.
20 Re: America's middle class no longer the richest! 4/24/2014, 2:36 pm
Markle
othershoe1030 wrote:Markle wrote:othershoe1030 wrote:PACEDOG#1 wrote:Wordslinger wrote:The middle class is being decimated, and your answer is to cut taxes on corporations and the ultra rich, do away with the minimum wage, and shut down the EPA.
Our economy sucked under Dubya and it sucks under Obama.
But you whackos can't consider anything unless it's framed in right vs. left.
No wonder we're sinking!
Facts are facts...I was better off under "W" as compared to Obummer. I'm making my assertion based on when I had more money in my wallet.
You may have had more money in your wallet but it was fake money based on the schemes of Wall Street gone wild. If this were not the case the economy would not have gone down the drain in 2008 and we would all be in much better shape today than we are. The whole thing fell apart because it was bogus.
Bogus? Compared to today's money? You're joking!
We also have less money in our pockets today. The money being printed by the Fed is finding its way to the stock market through a convoluted circuitous route. EVEN YOU must recognize these FACTS.
This is a chart showing the dollars in circulation.
Was it NOT Barney Franks, just months before the collapse who told us Fannie and Freddie were fine investments going forward?
I don't think it is accurate to equate "money in your pocket" with "money in circulation". There may be more $$$ in circulation but they are not circulating in the middle class.
That's my point. Thank you President Barack Hussein Obama.
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