Economy Study: Middle Class Is Over

[Grenz]

@Madmick you want to get in here and tell me how I’m fucking up at reading this?


Dude, you typed a lot of anecdotes there.

The fact that you need to put in many hours and focus to progress in a career isn't anecdotal. Granted, the story about the welfare drive obviously is, but it's a tool to illustrate a point.

Yeah, people with a shit ton on kids are probably not great planners, but it doesn’t mean that if they didn’t have kids they’d have no financial trouble.

Correct, because they're poor planners otherwise as well, that's why they didn't think it would be a major impediment to have 6 kids running around. Probably wouldn't be lawyers or doctors if that hadn't happened, otherwise they would have stopped at 1 or 2, like intelligent people do.

Kids are expensive... for people who spend a lot of money on them (well off people).

How do you not spend a lot of money on kids, particularly if you don't have much to begin with? How are they going to eat? Where are they going to sleep? How are they going to get around?

The reason most upper management folks at your gig don’t have a bunch of kids probably has more to do with career planning and expected standards of living than actually not being able to afford more children.

Yea no shit. The CEO can obviously afford to 20 kids by 20 different baby mommas. But he would never have reached that level had he had 4 kids before he was 25.

But in any case, this is conjecture. We all know that the average number on children per household is down, correct?

Yes, among educated people. We do all know that. We also all know that the world population is still increasing, correct? C'mon bud, don't be obtuse and make me dig out the numbers here. Poor people - on average - have more kids, that's not propaganda, it's fact.

 

[Ripskater]

In this case the damage is done to families that would otherwise raise kids very well. But then those kids grow up with poor parenting skills just because of absentee parents who had to work more and show up less for their kids. It's so tragic.

You're right, It is tragic. Makes me thankful that I had a good mom and dad. Makes me want to be a good dad and husband too.

 

[Jack Handy jr]

Another thread detailing how stupid Ripskater is

Ripskater is far smarter than you in every way.

Also sir know that those who are compelled to stoop to emotionality and hurl insults when debating a topic that would be better served with logic. Always "out" their lack of intelligence and the mental acumen required to debate civilly.

It's a classic hallmark of a brainwashed Liberal.

Don't agree with a differing POV?... hurl insults and try to shout down the dissenting view point typical and classless. YASMB

 

[franklinstower]

Or get a marketable skill

This trend is effecting people with marketable skills man. Read the data.

My dad made 25 dollars an hour in 1980 when a four bedroom house only cost 20,000 dollars and a new car was only 4000 Now someone making 25 bucks an hour has to spend 250 thousand and up for the same house and the same car is 25-30 thousand dollars.

Meanwhile the company this worker works for is making MORE money off of the worker today than in the 80's

That's fucked up man.

 

[HIMBOB]

Interesting to consider how closely the profit share correlates with indexation (is lack thereof) of minimum wage.

Personally I think a lot of the problems faced relate to that. It doesn't take a big leap of faith to see the inability of workers to support families will have terrible consequences for families.

 

[franklinstower]

You're right, It is tragic. Makes me thankful that I had a good mom and dad. Makes me want to be a good dad and husband too.

Me too man and I feel so bad for would be stand up parents who are locked in survival mode but who 20 years ago could easily pay the bills with money to spare.

 

[WaylonMercy5150]

Nope. It will always happen. You go to school and work, it happens. You don’t go to school and get a low paying job, it happens. You get a good job but live outside your means, it happens

If you guys care so much then start helping anyone you know that is going through this

How are you sure we're not?

 

[Ripskater]

This trend is effecting people with marketable skills man. Read the data.

My dad made 25 dollars an hour in 1980 when a four bedroom house only cost 20,000 dollars and a new car was only 4000 Now someone making 25 bucks an hour has to spend 250 thousand and up for the same house and the same car is 25-30 thousand dollars.

Meanwhile the company this worker works for is making MORE money off of the worker today than in the 80's

That's fucked up man.

Well we had the feminist movement that told every young woman that she needs a job to be fulfilled in life. Caring for the home, raising young children and supporting your husband was said to be unfulfilling and demeaning. Now instead of young women looking for young men to marry and start a family, young women are looking to launch their careers. Which had a huge effect on men's salaries.

Unfortunatley today, it does take most families having both spouses working to provide, and all that I said above is the shame of today

 

[WaylonMercy5150]

There's always gonna be poor people, rich people and people in between.

 

[luckyshot]

Thanks Obama.

... and Trump, and W, and Clinton, and Senior, and Reagan...

There's always gonna be poor people, rich people and people in between.

Sure.

And sometimes there’s more “people in between.”

And sometimes there‘s more poor people.

That’s the point, you knob.

Struggling has been a reality since the beginning of time. Only on the last 20-30 years has this idea that life should be easy become a thing.

I read the article...pretty lame to be honest. Just a survey basically asking "hey, do you ever struggle to make ends meet? Oh you do? Ok Trump sucks.


Again I believe the middle class is shrinking and it's a problem because a strong middle class makes a stable environment for economic prosperity. But then I would blame automation and globalization...of which Trump is trying to improve the latter.

I'd also blame government intervention in education and Healthcare. College tuition rates have consistently skyrocketed since the Fed started guaranteeing student loans. Obviously you'll struggle when you're entering the market place 100k in debt.

Healthcare was another sector they tried to fix and now costs have gone through the roof. If you're employer doesn't provide it its Damm near possible to afford. Trump wanted to repeal that POS Obamacare also.

So yeh the article is correct its shrinking. But it's really just a hit piece on Trump to undermine the thriving economic numbers.

When I was growing up, the expectation was that if you were a decent person who worked hard, you wouldn’t struggle too much to pay “basic” bills. That’s what “middle class” WAS.

 

[Ripskater]

Me too man and I feel so bad for would be stand up parents who are locked in survival mode but who 20 years ago could easily pay the bills with money to spare.

Like, but that is the struggle in life. And we have to rely on God and it would be nice if everyone found a good church family where they could worship God and help each other. I'm thankful for my church home and my family.

 

[kahiljabroni]

Yeah, maybe not the best example. Why should some people struggle when others could easily make less money and help more people?

Struggling has been a reality since the beginning of time. Only on the last 20-30 years has this idea that life should be easy become a thing.

I read the article...pretty lame to be honest. Just a survey basically asking "hey, do you ever struggle to make ends meet? Oh you do? Ok Trump sucks.


Again I believe the middle class is shrinking and it's a problem because a strong middle class makes a stable environment for economic prosperity. But then I would blame automation and globalization...of which Trump is trying to improve the latter.

I'd also blame government intervention in education and Healthcare. College tuition rates have consistently skyrocketed since the Fed started guaranteeing student loans. Obviously you'll struggle when you're entering the market place 100k in debt.

Healthcare was another sector they tried to fix and now costs have gone through the roof. If you're employer doesn't provide it its Damm near possible to afford. Trump wanted to repeal that POS Obamacare also.

So yeh the article is correct its shrinking. But it's really just a hit piece on Trump to undermine the thriving economic numbers.

 

[franklinstower]

Well we had the feminist movement that told every young woman that she needs a job to be fulfilled in life. Caring for the home, raising young children and supporting your husband was said to be unfulfilling and demeaning. Now instead of young women looking for young men to marry and start a family, young women are looking to launch their careers. Which had a huge effect on men's salaries.

Unfortunatley today, it does take most families having both spouses working to provide, and all that I said above is the shame of today

I hear that and it is partly to blame but that is not the main cause. The main cause is greed at the top squeezing every penny they can out of people they no longer value as persons. The dignity of the human person, so well championed by Christianity, has been all but forgotten.


The idolotry of greed has taken the place of decency. I read about a Christian bussiness man who was just damn good at making money. He made lots of money. But he didn't keep anything over 75,000 a year. The rest went to charity and that was after paying higher than average wages to his workers. The exact opposite trend has gone on unchecked for nearly 30 years.

 

[WaylonMercy5150]

Struggling has been a reality since the beginning of time. Only on the last 20-30 years has this idea that life should be easy become a thing.

I read the article...pretty lame to be honest. Just a survey basically asking "hey, do you ever struggle to make ends meet? Oh you do? Ok Trump sucks.


Again I believe the middle class is shrinking and it's a problem because a strong middle class makes a stable environment for economic prosperity. But then I would blame automation and globalization...of which Trump is trying to improve the latter.

I'd also blame government intervention in education and Healthcare. College tuition rates have consistently skyrocketed since the Fed started guaranteeing student loans. Obviously you'll struggle when you're entering the market place 100k in debt.

Healthcare was another sector they tried to fix and now costs have gone through the roof. If you're employer doesn't provide it its Damm near possible to afford. Trump wanted to repeal that POS Obamacare also.

So yeh the article is correct its shrinking. But it's really just a hit piece on Trump to undermine the thriving economic numbers.

The president inherited an economy that had come a long way toward healing. During his administration, the economy has continued growing at about the same rate it did before he took office, pushing incomes, employment and output to yet higher levels.

 

[Jack Handy jr]

my man Ripskate

droppin some gems.

Take heed liberals(looking at you kong YASMB) you might be able to get off the anti depressants follow Christ and turn your lives around.

 

[Ripskater]

Struggling has been a reality since the beginning of time. Only on the last 20-30 years has this idea that life should be easy become a thing.

I read the article...pretty lame to be honest. Just a survey basically asking "hey, do you ever struggle to make ends meet? Oh you do? Ok Trump sucks.


Again I believe the middle class is shrinking and it's a problem because a strong middle class makes a stable environment for economic prosperity. But then I would blame automation and globalization...of which Trump is trying to improve the latter.

I'd also blame government intervention in education and Healthcare. College tuition rates have consistently skyrocketed since the Fed started guaranteeing student loans. Obviously you'll struggle when you're entering the market place 100k in debt.

Healthcare was another sector they tried to fix and now costs have gone through the roof. If you're employer doesn't provide it its Damm near possible to afford. Trump wanted to repeal that POS Obamacare also.

So yeh the article is correct its shrinking. But it's really just a hit piece on Trump to undermine the thriving economic numbers.

Some good points here.

 

[Ripskater]

I hear that and it is partly to blame but.thianis not the main cause. The main cause is greed at the top squeezing every penny they can out of people they no longer value as persons. The dignity of the human person, so well championed by Christianity, has been all but forgotten.


The idolotry of greed has taken the place of decency. I read about a Christian bussiness man who was just damn good at making money. He made lots of money. But he didn't keep anything over 75,000 a year. The rest went to charity and that was after paying higher than average wages to his workers. The exact opposite trend has gone on unchecked for nearly 30 years.

Yeah greed is a problem. What you say makes me feel fortunate about where I live and the church community I'm fortunate to be a part of. People have helped me out, and I've helped other people out.

 

[WaylonMercy5150]

my man Ripskate

droppin some gems.

Take heed liberals(looking at you kong YASMB) you might be able to get off the anti depressants follow Christ and turn your lives around.

 

[WaylonMercy5150]

Yeah greed is a problem. What you say makes me feel fortunate about where I live and the church community I'm fortunate to be a part of. People have helped me out, and I've helped other people out.

 

[luckyshot]

my man Ripskate

droppin some gems.

Take heed liberals(looking at you kong YASMB) you might be able to get off the anti depressants follow Christ and turn your lives around.

@Madmick = @Ripskater = @Jack Handy jr