Shrinking Middle Class?

Discussion in 'Politics' started by saveliberty, Dec 25, 2011.

  1. saveliberty
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    saveliberty Diamond Member

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    I think the media and politicans have this all wrong. The middle class is not shrinking at all. We are all still here, just have less due to poor financial decisions. Many bought homes at too high a price and bailed out when they owed more than they were worth. The economic principle of putting 20% down has always been there. Middle class America ignored it and payed the price.

    We all know saving money is important. Americans are not savers, so when the economy took a turn south, we paid again. What about debit? Are we really going to say that accumulating all that debt was anyone's fault but our own?

    Nope, the middle class is still here. Just hopefully a lot wiser.
     
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  2. LoneLaugher
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    LoneLaugher Diamond Member

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    Are you anticipating that anyone will waste the time it would take to explain the ways in which you have missed the mark with that post? I'd expect someone who has posted 14,000 times to have been involved in.........or at least read....several discussions that began in the same, lame way.

    Try learning something while you are here.
     
  3. Stephanie
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    Stephanie Diamond Member Supporting Member

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    wtf?
    no one cares about what you would EXPECT.
     
  4. LoneLaugher
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    LoneLaugher Diamond Member

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    I'm sure you think the OP is groundbreaking stuff, Stephanie. It was, after all, submitted for dummies like you in the first place.
     
  5. Stephanie
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    Stephanie Diamond Member Supporting Member

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    YOU are not the appointed JUDGE on this board to consider what is groundbreaking OR NOT. you don't like it...go buy your OWN BOARD..spare us your rude condescension.
     
  6. LoneLaugher
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    LoneLaugher Diamond Member

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    You are correct. I was not appointed. But your mistake is in thinking that I will do anything other than just that. When someone posts something so clearly lacking in accuracy, all that one can do is mock it.

    Interestingly, I find you to be very rude as well. In addition, I think you are a person with very limited cognitive skills. That is not the kind of combination that makes me want to be gracious. I will, if addressed by you, as in this thread, simply make fun of you.

    Merry Christmas.
     
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  7. saveliberty
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    saveliberty Diamond Member

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    I see you have no ability to refute any of it lonelaugher. Must be hard not to be able to blame someone and spread hate. Misinformation is so much more your speed.
     
  8. Old Rocks
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    Old Rocks Diamond Member

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    U.S. Poverty and a Shrinking Middle Class, by the Numbers - Yahoo! News

    According the an Associated Press article from December 15, recent census data shows a shrinking middle class, with nearly half of all Americans poor or low-income. Here is a look at this portion of the U.S. population, by the numbers.


    97.3 million Americans fall into the low-income category. Low-income is described as those earning between 100 and 199 percent of the poverty level. 146.4 million Americans had incomes below the poverty line.


    About $45,000 a year for a family of four is what is needed to stay above the low-income threshold. Many families are slipping below that number, the Associated Press reports, because of pay cuts, a forced reduction of work hours or a spouse losing a job.
     
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  9. LoneLaugher
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    LoneLaugher Diamond Member

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    Please.....don't confuse ability with desire.

    Merry Christmas.
     
  10. Katzndogz
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    Katzndogz Diamond Member

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    Someone should do a statistical analysis of how a large influx of very poor, uneducated, unskilled people could skew the number of poor.
     

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