Obama's auntie is a illegal immigrant living in America

[PopeBenXVI]

Player, I am glad you are here to determine how much profit companies are allowed to make. As you agreed with me, raising taxes will not create jobs. It will create higher unemployment which does not create spending in the economy and as a result less services bought & sold and more companies going under as a result. If you want that decent house, clothing, food and medical, then you want lower taxes so you can use your own money and not look for a handout from others.

Dancing, I am glad your “early age economics tutor” AKA uncle Roy, taught you his opinion on things. To address your question on Education, Perhaps you could explain to me how education will get better by dumping more tax money into it? We are way behind 20+ countries in math and science. We also currently spend more money per student than every other country on earth. So you asked me what spending more tax money on education will lead to……you tell me?

You also have confirmed for me that you can’t give a tax cut to people who don’t pay taxes currently so thank you for making it more obvious. when corporate taxes increase who do you think that cost is passed on to? Companies don't just eat it, they raise prices, benifits are cut and the cost of living goes up as a result. I am sorry for questioning your inaccurate “High level economics” your most modest Socialist master & king.

[PLAYER57832]

Player, I am glad you are here to determine how much profit companies are allowed to make. As you agreed with me, raising taxes will not create jobs. It will create higher unemployment which does not create spending in the economy and as a result less services bought & sold and more companies going under as a result. If you want that decent house, clothing, food and medical, then you want lower taxes so you can use your own money and not look for a handout from others.

Funny, I think I might have heard this "trickle down but before... oh yeah, right before the LAST big plummet.

But never mind Reagan, Bush has had eight years if his way. The result? The welsthiest few are getting more and more wealthy, while the rest of us go downhill. The Middle class is shrinking, not going up. AND now we are having to loan some of the worst offenders millions out of our taxes. Maybe we will get it back.

The RESULTS speak for themselves!

[austrianeagle]

The only thing that trickles down is the shit that is dumped on our heads

[PopeBenXVI]

Player, I am glad you are here to determine how much profit companies are allowed to make. As you agreed with me, raising taxes will not create jobs. It will create higher unemployment which does not create spending in the economy and as a result less services bought & sold and more companies going under as a result. If you want that decent house, clothing, food and medical, then you want lower taxes so you can use your own money and not look for a handout from others.

Funny, I think I might have heard this "trickle down but before... oh yeah, right before the LAST big plummet.

But never mind Reagan, Bush has had eight years if his way. The result? The welsthiest few are getting more and more wealthy, while the rest of us go downhill. The Middle class is shrinking, not going up. AND now we are having to loan some of the worst offenders millions out of our taxes. Maybe we will get it back.

The RESULTS speak for themselves!

You sound amazingly like an Obama ad, regurgitating propaganda over and over until it is believed. Don't bring up that the economy grow the majority of the Bush years despite the internet bubble breaking right at the end of the clinton years, 9-11, and a long war. Obama's buddy Barney Frank also had a hand in the mortgage crisis that you now blame Bush for. I suppose the democrats being in control of congress the last 2 years has nothing to do with it either? They are completely clean and Bush alone destroyed the economy....OK got it.

Reagan inherited double-digit unemployment and high inflation from Carter and turned it around by the time he left office, not by raiseing taxes the Obama way.

Being that you listen to Obama talk a lot about the "middleclass".....Tell me, who is that exactly?

[mpjh]

Not you.

[PopeBenXVI]

Your right, I did not even make 30K last year so I would have recieved a welfare check under Obama from him taxing wealthier people who earned their money. Confusing that I oppose him huh? Thats because he is an idiot.

[mpjh]

Your right, I did not even make 30K last year so I would have recieved a welfare check under Obama from him taxing wealthier people who earned their money. Confusing that I oppose him huh? Thats because he is an idiot.

There you go again, projecting your idiocy on others.

[Frigidus]

Your right, I did not even make 30K last year so I would have recieved a welfare check under Obama from him taxing wealthier people who earned their money. Confusing that I oppose him huh? Thats because he is an idiot.

Amazing that you still manage to own a small business with that level of income...

[mpjh]

Hijacking minor boys has low overhead.

[PopeBenXVI]

Yes, thats what I mean by people sacrificing, working hard and earning their money later in life. I can work another job while investing in building another business over some years. Why again should hard workers be taxed more and others with their hand out be given that money to sit on the couch and watch the view?

[mpjh]

Hijacking minor boys has low overhead.

Yes, thats what I mean by people sacrificing, working hard and earning their money later in life. I can work another job while investing in building another business over some years. Why again should hard workers be taxed more and others with their hand out be given that money to sit on the couch and watch the view?

See, I told you he is a pedophile.

[PopeBenXVI]

Just like I thought. None of you know who the "middleclass" is. It's whoever Obama wants you to think it is. He wants everyone to think it's them because he wants you all to think you will be helped with his tax plan. I would love to say that I will laugh at you when all our taxes go up (including yours) but mine will go up too I'm sure. I don't plan on staying at my current level of income for years so I can collect from the rich and not work hard or try to advance myself.

It's just like the minimum wage scam. The idea is to start there and work your way up and not stay at a dead end job your whole life and wait for a handout.

[Frigidus]

Just like I thought. None of you know who the "middleclass" is. It's whoever Obama wants you to think it is. He wants everyone to think it's them because he wants you all to think you will be helped with his tax plan. I would love to say that I will laugh at you when all our taxes go up (including yours) but mine will go up too I'm sure. I don't plan on staying at my current level of income for years so I can collect from the rich and not work hard or try to advance myself.

It's just like the minimum wage scam. The idea is to start there and work your way up and not stay at a dead end job your whole life and wait for a handout.

The reason you can't easily identify the middle class is that they pretty much no longer exist, at least not in large enough numbers to distinguish themselves as a distinct block. Indeed, that is one of the biggest problems with our country. If I remember correctly, the top 1% of the US own 20% of the wealth. That's just fucked up.

[Neoteny]

Just like I thought. None of you know who the "middleclass" is. It's whoever Obama wants you to think it is. He wants everyone to think it's them because he wants you all to think you will be helped with his tax plan. I would love to say that I will laugh at you when all our taxes go up (including yours) but mine will go up too I'm sure. I don't plan on staying at my current level of income for years so I can collect from the rich and not work hard or try to advance myself.

It's just like the minimum wage scam. The idea is to start there and work your way up and not stay at a dead end job your whole life and wait for a handout.

[Frigidus]

Pedobear time?

[Neoteny]

Always, dear Calid, always.

[Nikolai]

The reason you can't easily identify the middle class is that they pretty much no longer exist, at least not in large enough numbers to distinguish themselves as a distinct block. Indeed, that is one of the biggest problems with our country. If I remember correctly, the top 1% of the US own 20% of the wealth. That's just fucked up.

Actually, that's better than it's been through most periods and locations in history. Given that for most of the Middle Ages it was 1% of the population owned somewhere between 70% and 90% of the wealth, the Roman Empire the top 1% owned 50% or more of the wealth, and... well, I could go on at length, but suffice to say... this is actually a very heartening figure. Not at all the bad news it seems pitched as whenever it's dragged out in economic debates.

Oh, and if you can't identify a middle class, it's because the middle class as an average is moving upwards, and you aren't moving your specs with it. This is a terrible habit that I see in a lot of amateur economics analyses, and I can assure you that quite the contrary, the middle class is bigger than ever. You just haven't adjusted your specifications to match modern trends.

[Snorri1234]

Just like I thought. None of you know who the "middleclass" is.

You don't either.


You know why? Because, according to themselves, 95% of the people is "middleclass". It's just a fucking stupid term that people use to appear okay. "I own 2 houses and 5 cars, I'm middle class." It's retarded.

[Frigidus]

Going with this new (more interesting) idea, how would the various members of CC describe a "middle class"?

[got tonkaed]

middle class and middle income are slightly different things. Middle class tends to refer to a set of habits, opinions and values that are somewhat overlapping of various income stratification's in society. Middle income tends to refer to those who make somewhere between 75% and 150% more than the median national income. Some things worth noting.

While people tend to say there is a war on the middle class, it is partly because there is rising amounts of income inequality a lot of which is hitting the people harder who would identify themselves as middle class but are on the lower end of (if not even in the middle income range). Pew surveys in 2006 suggested about half of the country views themselves as middle class when really middle income is barely over 1/3 (35%). While this number has dropped slowly from 40% we are talking about over a lengthy period of time so its hard to blame it so much on current policy (or the current war on the middle class). We are increasing income inequality in the country, in part because those at the higher range of the middle income group are doing better than before, or comparatively better than the rest of the self identified middle class.

However, everyones real incomes (at least within in the middle income/class range) have been falling in the last decade or so. This probably boosts the middle class argument because people are feeling a bit of a crunch, and there have been a fair amount of newsworthy studies suggesting things arent that great.

The real question is whether or not the increasing unequal stratification of the nation in terms of income is a good or bad thing. Different people probably have different answers probably.

[Neoteny]

Nerd.

[got tonkaed]

Nerd.

might as well just come out and say in order to save the misinformation.

[PopeBenXVI]

The middleclass is just a term to make the great majority think they are included as not many people would label themselves rich (even if most others would say they are) and no one wants to be labeled poor. Obama likes "middleclass" because you feel like he is talking to you.