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Rip American Middle Class


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I would like to see the breakdown of incomes compared to the costs of living in these countries. Highly socialized countries tend to have high costs of living from wealth re-distribution policies. (Benefits like healthcare were included in the calculation)

This would be like comparing California and New York average incomes to Texas; saying that Texas isn't keeping pace with the rest of the country's rising incomes.

edit: The article was comparing the average rise in incomes per country over the years, not the buying power, to come to it's conclusion: obviously incomplete analysis to push some wage gap agenda.

Edited by Doozer
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I would like to see the breakdown of incomes compared to the costs of living in these countries. Highly socialized countries tend to have high costs of living from wealth re-distribution policies. (Benefits like healthcare were included in the calculation)

This would be like comparing California and New York average incomes to Texas; saying that Texas isn't keeping pace with the rest of the country's rising incomes.

Go back and read what it says about Sweden.

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The change in the median income since 2000 is .3%.

That is an unbelievable stat right there. F*cking surreal. I was feeling all bad because I hadn't had a raise in 4 years. Guess I can stop crying now.

What are the causes ?

Compitition in work place ?

(Illegal immigration )

51 percent of the jails are filled with people with Drug offences ?

( budget more for jails than education )

Lack of industry?

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What are the causes ?

Compitition in work place ?

(Illegal immigration )

51 percent of the jails are filled with people with Drug offences ?

( budget more for jails than education )

Lack of industry?

My bet is the majority of profits going to shareholders and not much being reinvested. This is the big difference between American and European companies.

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My bet is the majority of profits going to shareholders and not much being reinvested. This is the big difference between American and European companies.

Money sent to shareholders don't get re-invested?

Honestly, do people believe that profits go into some giant money bin?

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Money sent to shareholders don't get re-invested?

Honestly, do people believe that profits go into some giant money bin?

In a sense, that's precisely where it goes. It's certainly not going into higher wages or more jobs. Unless you want to count the low paying service industry jobs that are the backbone of the "recovery" that this current administration touts.

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The change in the median income since 2000 is .3%.

That is an unbelievable stat right there. F*cking surreal. I was feeling all bad because I hadn't had a raise in 4 years. Guess I can stop crying now.

This is a point that I've been making for years now, only to get called "socialist" or "partisan hack" or similar. What's going on in America now with inequality and the stagnant working wages is not sustainable. The sooner that everybody stops ignoring or denying the problem and starts offering credible solutions, the better off everyone will be.

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Guest fibonacci

minimum wage goes up, yet CPA jobs stay at the same rate it was 10 years ago? wacko.png And people wonder why I own my own businesses.

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I would like to see the breakdown of incomes compared to the costs of living in these countries. Highly socialized countries tend to have high costs of living from wealth re-distribution policies. (Benefits like healthcare were included in the calculation)

This would be like comparing California and New York average incomes to Texas; saying that Texas isn't keeping pace with the rest of the country's rising incomes.

edit: The article was comparing the average rise in incomes per country over the years, not the buying power, to come to it's conclusion: obviously incomplete analysis to push some wage gap agenda.

that is a fair point...a true comparison can't be made without that

however, the fact is that the middle class in America has been shrinking and the top 1% have been living large. the difference between me and other posters in here is that I don't blame a rich person for looking out for their best interests (provided what they are doing is legal)...I blame our government for making an economic environment that has made upward mobility difficult

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Location location is what they say.

I moved away from a town several years a go that is full of military retires willing to work for half salary because all they need to do is supplement their income and seen a 45% increase in pay in the same field while my COL stayed about the same

Nothing against retires just can't compete with people that only need to supplement their income

Edited by Brehus
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Imagine that, and with an energy based economy and a Conservative Gov't which is something the progressives cant stand. They would rather keep the middle class beat down with their hands out , that means votes and staying in power. A strong middle class where people are working and doing well is the enemy of the left , there is no need for the handouts if they can get their own with an honest days work.

I live in Alberta about a 3 hr drive south of Syncrude and Suncor (the oilsands) and we have had a great economy here for the past 25 yrs so this is not just an oil boom that is here today and gone tomorrow. Like it or not we are stuck with carbon based energy for the next 50 yrs although the left would have you believe that everything will be powered by Unicorn farts if we just get rid of those ugly oil co's. The left got that awful pipeline stopped but fail to tell anyone that the emissions from rail and trucking are a 100 X more damage to the environment than the pipe line will ever be.

As always the numbers tell the truth .

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Yes the US should be more conservative, like Canada. laugh.png

The numbers do not always tell the truth. Canada is an oil-rich country with a tiny population. The US produces more than twice as much oil as Canada, but has almost TEN TIMES the population. The US would have to match nearly the entire world's current oil output for it to be equivalent on that footing. That is physically impossible, no matter how much drill baby drillin' we do.

But yes, I'm sure the Keystone pipeline will fix everything.

BTW, I'm in favor of Keystone.

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Yes the US should be more conservative, like Canada. laugh.png

That's the crazy thing about this...compared to more progressive countries, the US is lagging behind. So what's the answer? Cut taxes, not raise the minimum wage, slash the social safety net, and other things that only exacerbate the inequality and puts us farther behind these other countries. It's insanity.

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That's the crazy thing about this...compared to more progressive countries, the US is lagging behind. So what's the answer? Cut taxes, not raise the minimum wage, slash the social safety net, and other things that only exacerbate the inequality and puts us farther behind these other countries. It's insanity.

'Cause what this country really needs to do is keep pace with European countries like France and Greece. While we're watching them tumble over the cliff, the Liberals are asking why we we're hesitating to jump in after them.

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