The Rise and Fall of Middle Class Wealth.

dbphoenix said:
At least now we know that you got your alleged engineering degree from a correspondence school.
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LOL. Again, you have no intelligent reply.

My 3 degrees are from brick and mortar schools that are well thought of, accredited universities and among the best in my degree areas of Business and Engineering. Ever think that maybe my education and accomplishments allowed me to walk away from a corporate job at age 42? Go put your dunce cap back on.
 
DHOHHI said:
It's like with high poverty families .. they make CHOICES .. many have kids they can't support financially. Same with middle class (or any family) .. we all make CHOICES on how we spend our $$$. Sure, some have stagnant wages/salaries. But that may mean watching spending more closely. How many middle class families that are now whining drive around in big SUV's -- from Tahoes to Yukons to Escalades. Hey, it's their choice to spend $50K to $70K on a car, a depreciating asset. They could just as easily buy a smaller less expensive vehicle and INVEST the remaining $$. Or use it to pay down any debt. And if wages are an issue then what's preventing people from finding a part time job on weekends .. there are plenty of options out there.
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Great argument for dismissing the harmful effects of inflation, Fed action, high taxes, deficit spending, excessive regulation, Obamacare, trade deficits, offshoring, union activism, etc. Well done!
 
Ricter said:
Great argument for dismissing the harmful effects of inflation, Fed action, high taxes, deficit spending, excessive regulation, Obamacare, trade deficits, offshoring, union activism, etc. Well done!
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What inflation?

Half the country pays no Federal tax.

Almost 90% of Odumbocare signups are getting subsidies.

Sorry, but anyone with a brain can figure ways to balance a budget .. assuming they have chosen to be responsible as adults.

Although I'm years away from Social Security I detest all these AARP people who bitch and moan that chained CPI will be devastating to retirees. Just today was a piece I saw on retirement .. Social Security was NEVER meant to be a primary means of support. People need to take responsibility for their lives .. and that means saving $$ over your working life.
 
DHOHHI said:
What inflation?

Half the country pays no Federal tax.

Almost 90% of Odumbocare signups are getting subsidies.

Sorry, but anyone with a brain can figure ways to balance a budget .. assuming they have chosen to be responsible as adults.

Although I'm years away from Social Security I detest all these AARP people who bitch and moan that chained CPI will be devastating to retirees. Just today was a piece I saw on retirement .. Social Security was NEVER meant to be a primary means of support. People need to take responsibility for their lives .. and that means saving $$ over your working life.
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Good post.

: )
 
DHOHHI said:
LOL. Again, you have no intelligent reply.

My 3 degrees are from brick and mortar schools that are well thought of, accredited universities and among the best in my degree areas of Business and Engineering. Ever think that maybe my education and accomplishments allowed me to walk away from a corporate job at age 42? Go put your dunce cap back on.
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And yet they never taught you how to associate three variables.

I guess I went to better schools.
 
Ricter said:
Good post.

: )
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Keep in mind that the reason why so apparently few people pay no federal income taxes is that they're not making enough money to do so. The reason why the ACA even exists, much less that subsidies are necessary, is that people are not making enough money to afford private insurance.

Self-righteousness is not a solution, and anecdotal evidence based on limited experience is of only passing interest.
 
dbphoenix said:
Keep in mind that the reason why so apparently few people pay no federal income taxes is that they're not making enough money to do so. The reason why the ACA even exists, much less that subsidies are necessary, is that people are not making enough money to afford private insurance.

Self-righteousness is not a solution, and anecdotal evidence based on limited experience is of only passing interest.
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My "good post" doesn't mean I was agreeing with the content of it. : )
 
couple this with income death and capital gains taxes...

and I ask is laying the blame for middle class destruction at the feet of the govt taxes and the FED for the systematic theft of savings and real wages self righteous twaddle or reality?


InflationChart.png
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how the hell could you leftists support this type of inflation coupled with progressive income taxes capital gain taxes and death taxes.

don't you see the clear theft from the workers?
its not like they can't just print more money on their own... they already do.
 
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