In Reply to: Data free perception posted by E-Stat on May 9, 2016 at 12:05:30:
>and disappearance of the middle class.
Sorry everybody, I can't let this go.
Throw this factoid in your calculus. Since 1970 there has been an explosion of public sector jobs. These are mostly middle class pay jobs. Add some quasi public organizations that are wholly funded through government grants. Also middle class jobs.
You have to consider that all forms of government in this country are now the largest employer in this country. That accounts for a great many middle class jobs. It helps your median income statistic that the lower middle class has taken the real beating. Factory workers who at least had a half decent hourly wage that they make into a lower middle class income with overtime. Those days are gone.
Of course the nasty catch is that these govt. jobs are paid for with printed money. We used to tax it. Then we couldn't tax enough. Then we borrowed it, but then we can't borrow any more. Now we are just printing it. Do you think that's sustainable? What does Pew research say about that?
Don't like anecdotes? Here's mine. Fifteen years ago I worked in a factory. The workforce has half white, and half black. Within two years all the black people but one was replaced by Hispanic women who had their papers. Do you think those black families saw their median income go up or down?. How does that help America? If that was fifteen years ago, what must it be like now?
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Big speakers and little amps blew my mind!
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Follow Ups
- RE: Data free perception - Mr_Steady 17:00:12 05/09/16 (27)
- RE: Data free perception - E-Stat 17:36:05 05/09/16 (26)
- RE: Data free perception - RGA 00:20:47 05/10/16 (24)
- RE: Data free perception - A.Wayne 15:49:50 05/10/16 (3)
- RE: Data free perception - RGA 22:24:53 05/11/16 (1)
- Well this is surprising (not) - RGA 22:34:05 05/11/16 (0)
- That's quite a thorough list! - E-Stat 19:45:34 05/10/16 (0)
- As tt indicated, I refer to accumulated debt - E-Stat 05:58:03 05/10/16 (16)
- RE: As tt indicated, I refer to accumulated debt - haarley.quuiinn@gmail.com 23:50:37 02/27/20 (0)
- RE: As tt indicated, I refer to accumulated debt - RGA 01:15:19 05/12/16 (10)
- RE: As tt indicated, I refer to accumulated debt - A.Wayne 12:09:19 05/12/16 (2)
- RE: As tt indicated, I refer to accumulated debt - RGA 16:37:05 05/12/16 (1)
- RE: As tt indicated, I refer to accumulated debt - A.Wayne 18:39:54 05/12/16 (0)
- RE: As tt indicated, I refer to accumulated debt - E-Stat 07:57:02 05/12/16 (4)
- RE: As tt indicated, I refer to accumulated debt - RGA 17:00:35 05/12/16 (3)
- RE: As tt indicated, I refer to accumulated debt - E-Stat 17:34:53 05/12/16 (2)
- RE: As tt indicated, I refer to accumulated debt - RGA 21:14:47 05/12/16 (0)
- RE: As tt indicated, I refer to accumulated debt - A.Wayne 18:24:54 05/12/16 (0)
- RE: As tt indicated, I refer to accumulated debt - A.Wayne 07:36:07 05/12/16 (1)
- RE: As tt indicated, I refer to accumulated debt - RGA 17:02:37 05/12/16 (0)
- RE: As tt indicated, I refer to accumulated debt - Rockethead26 07:03:53 05/10/16 (3)
- RE: As tt indicated, I refer to accumulated debt - E-Stat 07:36:27 05/10/16 (2)
- RE: As tt indicated, I refer to accumulated debt - Rockethead26 07:51:41 05/10/16 (1)
- You forget who was in control of the purse strings - rickmcinnis@dogwoodfabrics.com 08:26:33 05/10/16 (0)
- RE: Data free perception - Trouser Trout 01:25:55 05/10/16 (2)
- RE: Data free perception - Disbeliever 06:36:18 05/10/16 (0)
- RE: Data free perception - Disbeliever 02:43:55 05/10/16 (0)
- "Demonstrable work ethic and productivity always trump entitlement" - Chris from Lafayette 00:09:09 05/10/16 (0)