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Liberty News ForumLNF Forums HerePolitical Opinion Page - The Hot Seat › The middle class is shrinking and why that is not all bad
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Very Hot Topic (More than 25 Replies) The middle class is shrinking and why that is not all bad (Read 2,666 times)
Old_Trapper
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Re: The middle class is shrinking and why that is not all bad
Reply #40 - Dec 11th, 2015 at 11:03am
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Show me that everyone doesn't face these same challenges. You brought them up. You prove them.

It seems to me that you're the one trying to say that the poor as a group are static. Remember those challenges that they cannot overcome?


Are you seriously trying to say that the wealthy with all of their subsidies from government, tax breaks, the benefits of inheritance, and influence, etc., face the same challenges as the homeless poor person "dumpster diving" to survive?

And you think "adults" are speaking, not idiots.
  
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Re: The middle class is shrinking and why that is not all bad
Reply #41 - Dec 11th, 2015 at 11:23am
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Are you seriously trying to say that the wealthy with all of their subsidies from government, tax breaks, the benefits of inheritance, and influence, etc., face the same challenges as the homeless poor person "dumpster diving" to survive?






Poor people are lazy .. .

[/Harry]

  

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Re: The middle class is shrinking and why that is not all bad
Reply #42 - Dec 11th, 2015 at 1:20pm
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Show me that everyone doesn't face these same challenges. You brought them up. You prove them.

It seems to me that you're the one trying to say that the poor as a group are static. Remember those challenges that they cannot overcome?


No, I'm not. Admittedly I was not clear but I was talking about the percentage of folks who are poor rather than the individuals themselves.

About 25% of the poor are the working poor.

Ninety percent of people drive to work. For most of those people, if their car breaks down they pay to get it fixed or buy parts and fix it themselves. The poor may not have the luxury of cash lying around to fix a car if they even have one. Public transportation is lousy, often expensive and/or nonexistent in some places: you have to live near a bus/subway line and the place you work has to be near a bus/subway line.

Better off people have options for caring for young children. We put them in day care, pay babysitters or even nannies, one parent may choose to stay home with them because there is sufficient income to do so. Tell me how the poor can do any of those without assistance. Are you going to limit the number of children the poor can have? Even China has given up its one child policy. Perhaps you advocate eugenics.

Those with disabilities themselves or in their families have the same issues as those with young children.

Old age. Yes, we all age but, as far as I can tell, the benefit available through Social Security ranges from $61 to $1250. How does a person live on that? By the time old age hits, the better off of us have paid our mortgages in full or bought a home long enough ago that the payments are reasonable. We may have a pension plan through our employment. We may have made enough money to have saved for retirement. Not so the poor.

Homelessness speaks for itself.





  
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Old_Trapper
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Re: The middle class is shrinking and why that is not all bad
Reply #43 - Dec 11th, 2015 at 2:12pm
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Fiddler wrote on Dec 11th, 2015 at 11:23am:
Poor people are lazy .. .

[/Harry]



Yeah I know. That is why they work two, three, jobs, and still need government assistance.

Actually, Harry is the lazy one. Set on his ass for 40 years.

Then there is this:

    Fully 49% of U.S. aggregate income went to upper-income households in 2014, up from 29% in 1970. The share accruing to middle-income households was 43% in 2014, down substantially from 62% in 1970.

    In 2015, 20% of American adults were in the lowest-income tier, up from 16% in 1971. On the opposite side, 9% are in the highest-income tier, more than double the 4% share in 1971

    The middle class made up 50% of the U.S. adult population in 2015, down from 61% in 1971.

Source: http://www.pewsocialtrends.org/2015/12/09/the-american-middle-class-is-losing-gr...


Then we have this:

http://www.workingpoorfamilies.org/wp-content/uploads/2015/03/WPFP-2015-Report_R...

As groups at the bottom of the income distribution
make up a growing share of the labor force, the total number of low income working families is projected to increase even if the economic gaps between different racial/ethnic groups remain unchanged. There are many signs that the U.S. economy is recovering, yet the number of low income working families has continued to grow through the post recession years, from 10.1 million in 2009 to 10.6 million in 2013.

Wealth inequality has also increased. Household wealth or assets are important to low income families because they can provide a cushion to help families cover essential expenses, such as child care, transportation and health care. But in 2013, the median net worth of all white households was 13 times higher than that of African American households, and 10 times higher than that of Latino
households. The wealth gap between whites and blacks is currently at its highest level since 1989.

A closer look at income disparities among working families with children reveals gaps not only at the bottom of the income distribution, but also at the top. Blacks, Latinos and American Indians are highly concentrated in lower income brackets,...."
  
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Have a Harry Harry Christmas
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Re: The middle class is shrinking and why that is not all bad
Reply #44 - Dec 11th, 2015 at 7:24pm
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Are you seriously trying to say that the wealthy with all of their subsidies from government, tax breaks, the benefits of inheritance, and influence, etc., face the same challenges as the homeless poor person "dumpster diving" to survive?

And you think "adults" are speaking, not idiots.




Yes, we all face the same challenges. Some of us may find them easier to overcome, but they are there nonetheless.
  
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Re: The middle class is shrinking and why that is not all bad
Reply #45 - Dec 11th, 2015 at 7:50pm
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TowardLiberty wrote on Dec 10th, 2015 at 3:05pm:


Not if you think political and economic stability relies on a relatively compact income distribution.  Note that the lowest bracket grew from 16% to 20%, and the highest bracket grew from 4% to 9%.  Societies with extremes of wealth and power are unstable and illiberal.
  

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Re: The middle class is shrinking and why that is not all bad
Reply #46 - Dec 11th, 2015 at 7:58pm
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TowardLiberty wrote on Dec 10th, 2015 at 3:05pm:


------------------------------------------------------

So, .. T.L. likes conformity and uniformity, eh?

The Marxists, the Communists, and the Socialists always did, too.

Sure, why not? -- what better way to help make the people more dependent upon government for much of their needs, so that government retains all power over individuals!

Wow, .. Utopian paradise, and everybody nearly equally poor. Indeed such wonderful uniformity!

Smiley   
  

 'Modern Progressive Liberalism' .. is a mental disorder!
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Have a Harry Harry Christmas
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Re: The middle class is shrinking and why that is not all bad
Reply #47 - Dec 11th, 2015 at 8:26pm
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Running Deer wrote on Dec 11th, 2015 at 7:50pm:
Not if you think political and economic stability relies on a relatively compact income distribution. Note that the lowest bracket grew from 16% to 20%, and the highest bracket grew from 4% to 9%. Societies with extremes of wealth and power are unstable and illiberal.


The difference between 4% and 5%is extreme?
  
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Have a Harry Harry Christmas
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Re: The middle class is shrinking and why that is not all bad
Reply #48 - Dec 11th, 2015 at 8:27pm
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stu_gatze wrote on Dec 11th, 2015 at 7:58pm:
------------------------------------------------------

So, .. T.L. likes conformity and uniformity, eh?

The Marxists, the Communists, and the Socialists always did, too.

Sure, why not? -- what better way to help make the people more dependent upon government for much of their needs, so that government retains all power over individuals!

Wow, .. Utopian paradise, and everybody nearly equally poor. Indeed such wonderful uniformity!

Smiley


This is a good topic. Give TL his due.
  
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TowardLiberty
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Re: The middle class is shrinking and why that is not all bad
Reply #49 - Dec 11th, 2015 at 10:12pm
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stu_gatze wrote on Dec 11th, 2015 at 7:58pm:
------------------------------------------------------

So, .. T.L. likes conformity and uniformity, eh?

The Marxists, the Communists, and the Socialists always did, too.


What are you talking about?
  

Open Trade, Open Borders, Taco Trucks on Every Corner

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