Quote:
Originally Posted by Baraka_Guru
Um, you're making it sound as though people are on welfare if they aren't wealthy. Are you ignoring the middle class?
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No, there's a fair sized middle class that still exists in the US, which does manage to get by without government handouts.
Quote:
Originally Posted by Baraka_Guru
For every new millionaire, how many people have had their real incomes eroded? I think the disintegration is happening far faster from the bottom down than it is from the top up.
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I don't have any statistics on that. But the fact that there are more millionaires now than in prior years proves to me that it's all not the doom and gloom that the liberals make it out to be. Besides which, if the number of millionaires is growing over time, that implies to me that there's growth in the number of people who haven't made it to millionaire status yet.
---------- Post added at 10:31 PM ---------- Previous post was at 10:24 PM ----------
Quote:
Originally Posted by Derwood
01 ) 83% of all U.S. stocks are in the hands of 1% of the people.
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I can see a half a dozen or so of the items on your list that could very well be lifestyle choices. I could be making $250,000/year and still living paycheck to paycheck, no savings, delayed retirement, etc.
I'm also unconvinced that anyone deserves a nice standard of living just because they show up to work and collect a paycheck. If the guy working a low skill job has as good a living standard as the guy who has a high pressure, complex job, then why wouldn't the majority of the people just opt for the easy job?