Posted on 10/08/2013 4:36:24 AM PDT by Biggirl
OAKLAND, Calif. (AP) -- Former President Jimmy Carter said Monday that the income gap in the United States has increased to the point where members of the middle class resemble the Americans who lived in poverty when he occupied the White House.
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a stopped clock is right twice a day
I question your sense of direction! ;-P
No, I want them to experience the same thing border ranchers and farmers have to deal with, 1000’s of thirsty starving illegals looking for something to steal.
Lets give him the benefit of the doubt, he is senile.
Yeah - I guess you are right. A mile south would put them under the protection of the Cartels, with Obama’s F&F guns.
My bad.
Come November we’re going to see Barry and Jimmy sitting in front of the WH fireplace telling us all to wear sweaters and learn to live with less.
Yes and the Bush’s and Bill Clinton will be sitting right next to them.
The middle class at one time was built on manufacturing jobs done by high-school educated people, but is now based on college educated service jobs. This has limited the mobility to the middle class for high-school educated people.
Add to that, for much of the middle class, consumerism over the last 45 years (since Nixon ended Bretton Woods) has been driven by consumer lending, not by wage growth. And the chickens of consumer lending came home to roost in 2008.
I would add, the first point about the shift from a manufacturing economy was totally beyond control of the individual, however, the second point about consumerism via debt was totally within the control of the individual.
But Carter is basically blaming Reagan and the Reagan tax reforms for today's problems. That is a total load of crap. It was Nixon in 1972 and then the transition from the industrial age to the information age (predicted presciently by John Nasbitt in "Megatrends" in 1982) which created the structural changes in our economy which have negatively impacted the middle class.
The bad thing is, it is only going to get worse. Futurists and economists are predicting a wave of automation which impacts skilled service work.
And it has nothing to do with Reagan, but it is something the politicians should be addressing now.
Democrat Presidents feel they must inject themselves into the discussion, forever.
Why would anyone give any credibility to anything that Carter says on any topic?
Hey, if Jimmy Boy is willing to admit that Barry is a worse pres than him, I’m inclined to believe him on that!
'Haven't read it, but Cable-TV and Smartphones are adding new "rent" to family's budgets. (Not to mention gas prices for commuting to actual jobs).
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