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The Poor in the US Are Richer than the Middle Class in Much of Europe
Mises Wire ^ | October 16, 2015 | Ryan McMaken

Posted on 10/18/2015 2:44:21 PM PDT by expat_panama

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To: expat_panama

And the poor in the U.S. Don’t even have to work.


21 posted on 10/18/2015 5:03:19 PM PDT by Old Yeller (Obama's Iran nuclear deal - The Devil is in the details.)
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To: Trailerpark Badass
It’s incredibly cynical to whine about poverty in the US, and the “gap” between rich and poor, while importing tens of millions of some of the poorest people on Earth.
IMHO “cynicism” is best defined as negative superficiality. Negative superficiality comes naturally to journalists; “If it bleeds, it leads” promotes negativity, and deadlines assure superficiality.
"It is not the critic who counts . . . the credit belongs to the man who is actually in the arena From Theodore Roosevelt's 1910 speech at the Sorbonne
is the very opposite of cynicism. “You didn’t build that” is the very apotheosis of it.

22 posted on 10/18/2015 5:06:46 PM PDT by conservatism_IS_compassion ('Liberalism' is a conspiracy against the public by wire-service journalism.)
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To: expat_panama

Practically everyone in the USA is in the 70th percentile of world income.

23 posted on 10/18/2015 5:07:35 PM PDT by ctdonath2 (Everyone entering NRA offices come out alive. Not so Planned Parenthood.)
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To: alloysteel

All I know is, that when I call family or friends in Europe, they are either on vacation, back from vacation, or planning for the next vacation.


24 posted on 10/18/2015 5:15:32 PM PDT by 353FMG
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To: expat_panama
2003: The Rich Got Richer . . . and so did everyone else.
Considering the availability of superior medical care, good food, economical and relatively comfortable transportation, everything made of plastic, TV, computers, etc, an American secretary today would be ill served to change her circumstances with those Queen Victoria (1820-1901) enjoyed.

25 posted on 10/18/2015 5:17:15 PM PDT by conservatism_IS_compassion ('Liberalism' is a conspiracy against the public by wire-service journalism.)
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To: Trailerpark Badass

Importing poor people is one thing but importing those who hate us is long-term national suicide.


26 posted on 10/18/2015 5:19:27 PM PDT by 353FMG
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For later.....


27 posted on 10/18/2015 5:23:26 PM PDT by Mase (Save me from the people who would save me from myself!)
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To: expat_panama
There is no question that incomes in the top income brackets have risen both absolutely and relative to the bottom income brackets.

The joker is that millions of people move from one income bracket to another.

The even bigger joker is that taxpayers whose incomes were in the bottom 20 percent in 1996 had a 91 percent increase in incomes by 2005.

Meanwhile, taxpayers in the top one-hundredth of one percent -- "the rich" or "superrich" if you believe politicians and the media -- had their incomes drop by 26 percent over those very same years.

Obviously, when millions of people's incomes nearly double in a decade, many of them move up out of the bottom income bracket. Similarly, when other people who were at the top see their income drop by about one-fourth, many of them drop out of that bracket.

When we talk about "the rich" and "the poor" we mean rich and poor human beings, not rich and poor statistical brackets. Yet politicians and the media treat people and statistical categories as if they were the same thing.

Dangerous Demagoguery: Part II (Thomas Sowell)
Townhall.com ^ | January 23, 2008 | Thomas Sowell

This is relevant because it points out that “poverty” is not necessarily a permanent condition or even a truly exceptionably one if “the poor” are (in a very great many cases) simply young people just starting out. If a young grad gets a first job with good prospects but a low starting salary, it actually is arrogant to express contempt for his/her circumstances.

28 posted on 10/18/2015 5:35:31 PM PDT by conservatism_IS_compassion ('Liberalism' is a conspiracy against the public by wire-service journalism.)
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To: ctdonath2

whoa... {sending to my daughter the intl econ devel guru...]


29 posted on 10/18/2015 5:36:05 PM PDT by expat_panama
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To: ClearCase_guy
Obamaphones and other stuff from his stash.

Well no.

Not for the majority of the poor. Especially for the working poor.

Not all poor people are on government assistance I know because my husband and I fall in that category. We do not get food stamps or medicaid or any government poverty program stuff.

We don't have a bunch of stuff and have to budget but we are doing ok.

There is a huge gap between what the non-working poor gets and what the working poor gets.

30 posted on 10/18/2015 6:03:05 PM PDT by Harmless Teddy Bear (Proud Infidel, Gun Nut, Religious Fanatic and Freedom Fiend)
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To: Lexington Green
America - where poor people are obese

Back when Nixon and JFK were debating, JFK said that every night, "Half of America goes to bed hungry." Nixon replied, "That's because they are on a diet."

Brought the house down and from then on we heard no more of that slogan.

31 posted on 10/18/2015 6:41:15 PM PDT by Oatka (This is America. Assimilate or evaporate. [URL=http://media.photobucket.com/user/currencyjunkie/me)
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To: ozzymandus

My kids rented an expensive flat in Copenhagen. Shower was over the toilet - drain in the floor. “Kitchen” was in a wardrobe. But heh, they are the enlightened ones.


32 posted on 10/18/2015 7:16:42 PM PDT by NoExpectations
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To: expat_panama
It also does not mention all the welfare, state and fed combined.

49.1 percent of the US population that lives in a household where at least one member received some type of government benefit in the first quarter of 2011, up from 30% in the early 1980s and 44.4% as recently as the third quarter of 2008. As of early 2011, 15% of people lived in a household that received food stamps, 26% had someone enrolled in Medicaid and 2% had a member receiving unemployment benefits. The Census data show that 16% of the population lives in a household where at least one member receives Social Security and 15% receive or live with someone who gets Medicare. There is likely a lot of overlap. http://blogs.wsj.com/economics/2012/05/26/number-of-the-week-half-of-u-s-lives-in-household-getting-benefits/


33 posted on 10/18/2015 7:27:08 PM PDT by daniel1212 (Turn to the Lord Jesus as a damned and destitute sinner+ trust Him to save you, then follow Him!)
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To: expat_panama

Honestly, the poor in America are richer than much of the middle class in America.


34 posted on 10/18/2015 8:28:27 PM PDT by Crucial (At the heart all leftists is the fear that the truth is bigger than themselves.)
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To: Lexington Green

One of the reasons the lower classes are obese is that they eat junk food because it fills u up fast. Makes u feel fuller longer.
They don’t have the time to buy/cook the fresh veggies, plan healthy meals because their life style is so different than those who have more money. ie working, juggling expenses with income, taking car to shop because they can’t afford good cars (thus the car breaks all the time).
I have neighbor who is like this who has to shop at Goodwill etc, live hand to mouth. They need some enjoyment so they buy TV. And they can’t afford to buy bulk items on sale because they can’t afford to stock up.
They do not complain. But I know it has to be difficult.


35 posted on 10/19/2015 6:33:18 AM PDT by ncpatriot
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To: SamAdams76

“Colder Climate + Cold Beer = Prosperity.”

So says Sam Adams. Are you just pushing your beer?


36 posted on 10/19/2015 2:38:53 PM PDT by RipSawyer (Racism is racism, regardless of the race of the racist.)
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