Bye Bye Middle Class.

Discussion in 'Economy' started by Mr. Peepers, Jul 24, 2010.

  1. Mr. Peepers
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    Mr. Peepers Senior Member

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    These statistics are truly sobering.

    http://finance.yahoo.com/tech-ticker/the-u.s.-middle-class-is-being-wiped-out-here%27s-the-stats-to-prove-it-520657.html?tickers=^DJI,^GSPC,SPY,MCD,WMT,XRT,DIA
     
  2. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    If you want a middle class, ,then you want to support capitalism. Socialism always leads to haves and have nots. And the have nots always end up dead after a while.
     
  3. Mr. Peepers
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    Mr. Peepers Senior Member

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    No, you support managed capitalism with protections in place for consumers. "Free" trade and deregulation is what got us into this mess. If you keep funnelling more and more of the wealth up to 5% of the population, you are going to need more and more social programs just to keep people alive. I don't understand why you corporatists don't see this.
     
  4. Mr. Peepers
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    Mr. Peepers Senior Member

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    Complete horse shit and you know it.
     
  5. 007
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    007 Charter Member Supporting Member

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    I think the government, well, the radicals in charge now anyway, want everyone dependent on them. They want to completely wipe out the public sector, and yes, they're doing it, right now. It may not kick in until after obama has been kicked to the curb, and in 2012 people will be saying, "when did this happen?" Well, it's happening right now, and nobody is paying attention... except for the few that care that frequent political boards like this.

    Were in deep trouble as a country. The directions obama and his minions have led us is down a path to certain destruction. We need to turn the ship around, and November better be when we start.
     
  6. editec
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    editec Mr. Forgot-it-All

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    O and company seem to be on the same road as the previous administrations.

    Or haven't you noticed that, yet?
     
  7. Guerrilla
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    Guerrilla Member

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    the u.s. middle class is being wiped out here's the stats to prove it: Tech Ticker, Yahoo! Finance

     
  8. Oddball
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    Oddball BANNED Supporting Member

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    Any positive proof that alleged "free trade" is to blame?

    Clicked on the link and can find none.
     
  9. eagleseven
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    eagleseven Quod Erat Demonstrandum

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    Your cause and effect is rather weak.
     
  10. Oddball
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    Oddball BANNED Supporting Member

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    There's absolutely zero evidence in that linked dreck to prove the case that free trade is to blame...Just another ignorant populist blog screed.

    If anyone is for strictly managed trade, it's goofballs like you.
     

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