Understanding "Middle Class:" $6-10 Per Day, WorldWide

Discussion in 'Economy' started by mascale, Sep 28, 2009.

  1. mascale
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    mascale VIP Member

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    When the "Great Emancipator(?)" was blissfully contemplating the killing of 600,000 plus White People, all the while condemning U. S. blacks to the sub-human status of no history on earth at all, (with Colonization included)--admired in the West Wing--then $6.00 to $10.00 per day income was a princely sum. Republicans, and the Ivy League alumni, would mainly, and cleary, currently comment that, "Of Course--There Was No Income Tax Back Then!" (Actually, Lincoln's first-ever federal income tax started at 3% for $800.00 per year, 5% for incomes over $10,000 per year. Some estimates suggest that maybe 10% of Union households had a Lincoln-Tax-Income Liability.)

    And so now, globally, the former, 'princely sum' is regarded "Middle Class:" The Ivy League educated would contend.

    Who in the world is middle class? - MSN Money

    Amenities, in fact, have nothing to do with it, even now! The opening of the article, attached, compares "middle class" worries of the US households at $200,000.00 per year income--which is actually the top 5% of the USA--with the plight even of school-teachers in India, with no running water, (or guess what), in the households: At $2,500.00 per year.

    It is graciously noted that median USA household income--(actually declining)--is about $50,000.00 per year. Anyone conscious would contend that the Great Levellers of Income and Benefits In GOP-Land: Have long since become irrelevant to the World Economy and Stage. Abraham Lincoln, however, of The Colonization Movements, and other denigrations, Is Admired In The New West Wing, Even Now! On this matter of income denigrations, it is not even clear if the White House is On-Message, or Off-Message. These are, after all, matters of life, liberty, and benefits. The teenage black unemployment rate is running at about 50%, and mostly those Children are Not at Sidwell Friends School: But are better said the clear victims of it, and other such places, just like it.

    Then there are the reports of the alleged behavior of the holdover Secretary of Defense, USA: Who is himself not contending so far for a massive rush to basis-free military incursions into Iran or Afghanistan. So anyone concludes that such "Magnanimous" celebration of "The Rules," apparently originates higher up!(?)(!!!)

    It is fashionable in the USA even now, to forget that the USA is actually, militarily engaged, in Afghanistan already. Coincidentally--according to some thinking--so are the Taliban, who in fact belong there. Because they belong, there, those analysts will say: Then the United States has the colonizing right to be right in there, right along with them.

    Apparently living like they do: Including back in the "Well-Secured," "Homeland(?)!"

    Millions might have thought that "Change You Can Belive In," was not about, "Cup Time, Please! Change In The Cup Time, Please!"

    "Crow, James Crow: Shaken, Not Stirred!"
    (It was at one time alleged that the Iraqis could fly missiles around. Anyone notices that the Persian Government is not leaving its own solid, political base: To any guessing in the aforementioned matter!)
     
    Last edited: Sep 28, 2009
  2. Neubarth
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    Neubarth At the Ballpark July 30th

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    Having lived and grown up in the Third World, I know the disparity between rich and poor very well. 96% of the population of the United States would be considered unbelievably rich by the "real poor" of the world.

    As this Depression unfolds, we will have to come to an awareness of what it means to be in the middle class. We will have our comeupance when we realize our comedownance that has happened after a few more years ensue.
     
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  3. Neubarth
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    Neubarth At the Ballpark July 30th

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    International equalization of wealth is in the offing, come hell or high water.

    Our standard of living is going to decrease over the next five years of this Depression. It will be gradual. Already things are in progress.

    We are in an "economic adjustment period." The standard of living for the middle class in America is going to come way down.

    Americans will change their diet and forms of entertainment in the future. We will eat less expensive food that will probably be even worse for our health.

    We will seek after less expensive forms of entertainment. Cruise ships that became popular in the 80's and 90's have been lowering their costs to keep people coming in. They have found that they can still turn a profit as long as they are nearly full so cruise ships have become massive cattle cars on the ocean.

    Gradually, things are adjusting downward. People will go to far fewer movies in the future, but will rent the DVD's when they come out. And so it will progress. Dining out will become more of a luxury again. Thousands of restaurants will start failing all across America in the months and years to come.

    Give it some thought and you will see many things that are changing.
     
    Last edited: Sep 29, 2009
  4. mascale
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    mascale VIP Member

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    U. S. Federal Stimulus Package One doesn't kick-in until after Jan 1, 2010. The liklihood of a near-term depression is at about the famous I.Q. of a Brontosaurus: About -3.

    You forget that the United States has an obesity epidemic underway.

    Only the wierd Federal Reserve guy, and the guilt-money winning economists, (and the brontosauruses, now all gooey(?)) seem able to ignore the important evidence of the American Consumer. We are not having a depression, even now!

    "Crow, James Crow: Shaken, Not Stirred!"
    (Or so it seems: That the American Consumer is really everywhere! (A-chooden!) Clearly, Even Chicago understands that even the terrorists(?): Are everywhere! )
     
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  5. Neubarth
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    Neubarth At the Ballpark July 30th

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    Tell that to the 33 Million Americans who are presently unemployed or underemployed. They know we are in a depression, even if you don't.
     
  6. mascale
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    mascale VIP Member

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    We would have people in Venice, CA, sleeping, shaving, and otherwise using the streets--as far as the seagulls could fly--were your numbers, as posted, anywhere near accurate.

    "Under-employment" is not a sign of a depression. Long Lines of soup kitchen attendees, even longer than the seagulls can fly: Would be the norm, if in fact there was depression on-going.

    The average hourly wage for August, 2009, was $18.65 per hour. That is an increase of 2.5 or so percent over the previous August. That is not a sign of rampant, under-paid, under-employment.

    "Crow, James Crow: Shaken, Not Stirred"
    (And that doesn't even begin to count the sign-twirling concept of street advertising--at mega-bucks per hour. Many would call that underemployment--but it seems to pay more than regular employment!)
     
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  7. Neubarth
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    Neubarth At the Ballpark July 30th

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    Soup lines? You are out of touch with reality, son. We now have Welfare and Food Stamps.

    Hourly wages in no way reflect anything about the economy right now as there are so many millions and millions unemployed. Count the number of food stamp recipients to know the length of the soup lines........................................................................................
     
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  8. mascale
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    mascale VIP Member

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    It was the hourly wages of the millions and millions who are employed and underemployed that were actually the Neubarth opening subject. So the comparison of an $18.65 per hour temp--even with a household on Welfare--as somehow in desperate straits: Would be said a mis-statement of the magnitude of the problem.

    A two-earners household, at 20 hours per week each--possibly said two persons underemployed--would be nearly $39,000.00 per year. Eligibility for Food Stamps would not have happened, and even an inexpensive health plan could happen--at youthful ages.

    So 33.0 mil. people, living like that, would even sound reasonable to an economist, even with a guilt money prize and award from the Swedes! Farm states likely have even more households like that already. They are otherwise self-sufficient, and possibly get subsidies to boot!

    "Crow, James Crow: Shaken, Not Stirred!"
    (There is almost enough information there: To make anyone wonder why farm income is treated somehow differently from urban income!)
     
  9. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    Sorry. I'm a bit dense. What in the world are you trying to say? I don't understand your rants and what your point is...
     
  10. mascale
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    mascale VIP Member

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    You would have to be from another galaxy to not know that the West Wing is in denial about the Lincoln Holocaust! Even John Wilkes Booth knew what had happened, and would leave his important legacy to the histories.

    Lincoln's high-minded Holocauste created over 700,000 dead White People. Apparently, the current West Wing is in denial about this, with some mis-guided reverence for Abraham Lincoln! Three quarters of a million of any people is a lot of dead people: And even worse, there were people who lived through Lincoln's Holocaust, all decimiated because of the Lincoln Holocaust!

    Not even the President of Iran, Mahmoud Ahmadinejad, is likely to deny the fact of the Lincoln Holocaust. The outcome affected white people and black people alike, and continues for decades. The outcome of the European version, for some unknown reason, seems mainly to affect mainly his neighborhood, in comparison.

    (Actually, Rev Jeremiah Wright may be able to explain that, or maybe Rev. Billy Graham, or Rev. Jesse Jackson, or Rev. Sharpton, or Minister Farrakahn! Probably Michele Obama, and even Barack, can explain that one, too! Europe was clearly. . . .so sorry!)

    And then there is the Ivy League concept of "The Global Economy!" The Persians want in, and the West Wing goes, "Nyet!" The Afghanis seem able to want the US out, and the West Wing goes, "Nyet!" It's the Global Economy which the so-many believe in: Stupid!

    The Holocaust Denial is a prescription for even more basis-free casualites. Even Israel protested the basis-free incursions of Tel Aviv into Lebanon, and Lebanon still recovering from that atrocity.

    These matters are not hard to understand: Excepting for the denials of them all!

    "Crow, James Crow: Shaken, Not Stirred!"
    (After all, ignorance of the laws is no excuse. Do the international nuclear rules favor the nuclear nations, or the non-nuclear nations, for example?!)
     
    Last edited: Sep 30, 2009

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