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01-31-2012, 07:39 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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Quote:
Originally Posted by djv8ga
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Sorry but I do not subscribe to the Wall Street Urinal
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Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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01-31-2012, 09:10 AM
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Possibly admin. Maybe ;)
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Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,098
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Quote:
Originally Posted by bobabode
Bingo! Here in Orange co. the well to do drive porche and mercedes SUVs the not so well to do are driving those cast off escalades and suburbans.Cable wasn't even available in middle class areas much less the poorer areas in the
'80s. We got cable in the later half of the decade in the mid-class areas and it's still a monopoly. Specious arguments on the part of the OP, bullshit is bullshit!
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Cars, including used cars, are much more expensive than they used to be even 10 years ago. Much more.
Not only did C for C take used parts off the market they also cleared out a lot of older used cars. Why sell your servicable used car for $2000 when the feds would give you 4?
Then you've got government making everything more expensive in other ways too generally in the name of goodness and light. Our water department is raising rates, gas is going up, clean and healthy means more expensive for sure...
As a percentage of income these wonderful things always, always effect the poor the most.
Pete
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“How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.”
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01-31-2012, 09:41 PM
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Banned
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Join Date: Nov 2009
Location: The Open Border
Posts: 5,126
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Quote:
Originally Posted by merrylander
Sorry but I do not subscribe to the Wall Street Urinal
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Never HAD to make money on your own?
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02-01-2012, 07:52 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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Quote:
Originally Posted by djv8ga
Never HAD to make money on your own?
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I have only ever made money on my own, with hard work and sweat, nothing associated with that casino in lower Manhatten has ever done me any favours.
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
Last edited by merrylander; 02-01-2012 at 01:44 PM.
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01-28-2012, 06:52 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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Quote:
Originally Posted by bhunter
The boilerplate assertion of Obama and progressives that income inequality has increased in America doesn't account for the migratory nature between quintiles nor does it account for the increased consumption by the lowest quintile over the same time span. Hence, the "us versus them" meme of Obama's campaign is wrong.
The absolute absurdity of Buffet's secretary assertion and the concomitant conflating of investment income tax rates with salaried worker tax rates either demonstrates an utter lack of economic knowledge or, worse, an underlying political goal of instigating crass class warfare. I'm thinking the latter precisely because Obama has nothing else to use as an effective campaign strategy. What exactly was the "hope and change" that he so eloquently put forth back in 2008? Has he fulfilled the "hope and change" rhetoric of 2008? Has the country ever been more polarized than it is today under his divisive strategy? How effective has "lead from behind" been in reigning in ascendant states like North Korea, Iran, Russia, China, Turkey?
From WaPo:
http://www.washingtonpost.com/opinio...Q_story_2.html
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If you believe all that horse hockey you will be interested to know that we are running a special in the Chesapeake Bay Bridge this weekend.
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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01-30-2012, 02:26 AM
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Senior Member
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Join Date: Feb 2011
Location: San Diego California
Posts: 3,261
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Quote:
Originally Posted by merrylander
If you believe all that horse hockey you will be interested to know that we are running a special in the Chesapeake Bay Bridge this weekend.
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Do you think the the lowest quintile is materially better off today or, say, half a century ago? The left (and Gingrich) is always referencing outliers in their wealthy versus poor assertions. Given the unpopularity of his policies, I'll bet Obama has no place to go, but to wage a class warfare campaign. Personally, I like wealthy people and would like more of them rather than government bureaucrats.
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Dear Optimist: Unless life gives you water and sugar too, your lemonade will suck.
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01-30-2012, 07:27 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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Quote:
Originally Posted by bhunter
Do you think the the lowest quintile is materially better off today or, say, half a century ago? The left (and Gingrich) is always referencing outliers in their wealthy versus poor assertions. Given the unpopularity of his policies, I'll bet Obama has no place to go, but to wage a class warfare campaign. Personally, I like wealthy people and would like more of them rather than government bureaucrats.
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Hell I have met a few wealthy people that were likeable, but that still does not mean that they should be given a nearly free ride. And no I don't believe people are better off. The only reason we are better off is that Wall Street's shenanigans have screwed the dollar so that now the $CDN is higher than the $US, so we got a raise. Considering where we live I know quite a number of civil servants and we have been better served by them than most of the private enterprise folks we deal with.
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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01-30-2012, 07:33 AM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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Quote:
Originally Posted by bhunter
Do you think the the lowest quintile is materially better off today or, say, half a century ago? The left (and Gingrich) is always referencing outliers in their wealthy versus poor assertions. Given the unpopularity of his policies, I'll bet Obama has no place to go, but to wage a class warfare campaign. Personally, I like wealthy people and would like more of them rather than government bureaucrats.
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50 years ago? Sure, they are. We all are. And, I'd like to keep it that way. But, I've been fighting a losing battle since we started focusing our efforts on improving the condition of those whose condition needs no improving. That really got rolling about, oh, I'd say 1981 or so.
Dave
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"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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01-30-2012, 01:39 PM
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Possibly admin. Maybe ;)
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Join Date: Sep 2009
Location: Land of the burning river
Posts: 21,098
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Bh, my completely unscientific and unverifiable method - my own eyes - agrees completely with your original post.
All the old timers here are groaning
Back when I lived in the hood, mid 80s, there were very very few that had a/c, were lucky to have one car, NO cable...
Now when it's hot the streets are darn near empty (of people anyway), most have a car, most have cable and a few tvs ....
Not to say there isn't any poor but the bar has definately moved.
Pete
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“How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg.”
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01-30-2012, 01:49 PM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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Quote:
Originally Posted by piece-itpete
Bh, my completely unscientific and unverifiable method - my own eyes - agrees completely with your original post.
All the old timers here are groaning
Back when I lived in the hood, mid 80s, there were very very few that had a/c, were lucky to have one car, NO cable...
Now when it's hot the streets are darn near empty (of people anyway), most have a car, most have cable and a few tvs ....
Not to say there isn't any poor but the bar has definately moved.
Pete
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Did they actually have cable run down the street? Don't forget that because AT&T and Verizon lobbied the government all the lower channels were stolen for their cellphone use so folks really don't have much choice but to get cable. Even with those mahvellous converter boxes I can reliably get less than half the channels previously available.
What did a window A/C cost in 1980 compared to 2010, what has happened to the price of TV sets?
You both are using flawed data in not taking into account changes in the environment.
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Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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