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There were no poor crossing these borders before that? Are you also suggesting that it is only due to illegal aliens that we see an increase in income/wealth disparity? Or, are these people merely scapegoats for the "conservatives" they've always been for flaws that they would rather not admit?
There have always been the poor crossing the border but I suspect not in the shear numbers that have happened in the last 10 years. I see the effects here in TX and being in Real Estate. The Hispanic community has grown tremendously here in the last 10 years and the majority are the poor, speak little English, daily worker.
I have high respect for the Hispanic community but the growth in the low end has overloaded the system. Our education system troubles and stuggles just to bring them up to a level they can instruct.
People talk about the many "Bad" things here in TX. Poor schools, uninsured people, etc... most of those problems result from a huge increase in the illegal community.
This is exactly what welfare programs result in. A bunch of brokeass folks having kids the cannot support without the help of Uncle Sam. Is it really a big surprise that income disparity has increased?
That is not a very bright comment.
It may have applied several years ago, but it is the middle class being squeezed now.
You could make a case, back then, that there were jobs available and people just did not want to work.
Now there are hundreds of applicants for every job offering. Middle class folks who WANT to work.
You have a very hard heart and are very judgemental. Times have changed, yet you spew forth this diatribe that you must have learned years back. Times change. Change with them. Use your brain.
There have always been the poor crossing the border but I suspect not in the shear numbers that have happened in the last 10 years. I see the effects here in TX and being in Real Estate. The Hispanic community has grown tremendously here in the last 10 years and the majority are the poor, speak little English, daily worker.
I have high respect for the Hispanic community but the growth in the low end has overloaded the system. Our education system troubles and stuggles just to bring them up to a level they can instruct.
People talk about the many "Bad" things here in TX. Poor schools, uninsured people, etc... most of those problems result from a huge increase in the illegal community.
Not only are these children of illegals ruining schools for our own kids, but the number of illegals have closed many hospitals which must treat them but cannot make enough money to stay afloat by doing so.
I agree. They really must be sent back.
Their jobs will be filled by Americans who need jobs now. Sure, they will have to be paid more, but that will stimulate the economy. They will become tax contributors rather than recipients of government largess.
There was considerable income mobility of individuals in the U.S. economy during the 1996 through 2005 period as over half of taxpayers moved to a different income quintile over this period.
Roughly half of taxpayers who began in the bottom income quintile in 1996 moved up to a higher income group by 2005.
Among those with the very highest incomes in 1996 – the top 1/100 of 1 percent – only 25 percent remained in this group in 2005. Moreover, the median real income of these taxpayers declined over this period.
The degree of mobility among income groups is unchanged from the prior decade (1987 through 1996).
Economic growth resulted in rising incomes for most taxpayers over the period from 1996 to 2005. Median incomes of all taxpayers increased by 24 percent after adjusting for inflation. The real incomes of two-thirds of all taxpayers increased over this period. In addition, the median incomes of those initially in the lower income groups increased more than the median incomes of those initially in the higher income groups.The degree of mobility in the overall population and movement out of the bottom
Oh the spin it is quite frustrating
Makes me want to start berating
The spin makes me want to go...
No no no, no no no, no no no
There is ALWAYS income mobility as people age and move up and down the earnings curve. So it's pretty common for people to start in the bottom quintile and move up, while others move down from higher quintiles.
Pretty much everyone starts out adult life at or near the bottom and moves up as they gain skills and experience. At the same time, other people are moving down due to retirement, and unemloyment.
And a lot of top incomes are single-year events as large gains are reported from selling large assets like businesses and large stock holdings. So it shouldn't surprise anyone that many at the top fall to lower incomes every year.
Oh the spin it is quite frustrating
Makes me want to start berating
The spin makes me want to go...
No no no, no no no, no no no
There is ALWAYS income mobility as people age and move up and down the earnings curve. So it's pretty common for people to start in the bottom quintile and move up, while others move down from higher quintiles.
Pretty much everyone starts out adult life at or near the bottom and moves up as they gain skills and experience. At the same time, other people are moving down due to retirement, and unemloyment.
And a lot of top incomes are single-year events as large gains are reported from selling large assets like businesses and large stock holdings. So it shouldn't surprise anyone that many at the top fall to lower incomes every year.
When the OP is about there being little opportunity to move up, it becomes relevant doesn't it? Anyway, I didn't make it up; it's a report from the Treasury.
There have always been the poor crossing the border but I suspect not in the shear numbers that have happened in the last 10 years. I see the effects here in TX and being in Real Estate. The Hispanic community has grown tremendously here in the last 10 years and the majority are the poor, speak little English, daily worker.
Claims are useless without factual information. The Hispanic community in Texas has been strong since BEFORE the formation of the state. But if you're talking about illegal aliens (and I assume you don't really assume "Hispanic = Illegal" as your argument makes it sound like), then provide what percentage of the population qualified as such a few decades ago versus now.
Quote:
Originally Posted by BentBow
.... keep the federal government from printing money and counterfeiting.
Since the dollar bill doesn't purchase as much, the rich charge more and the poor make less and pay more.
Who controls that mess? You and I?
No. That would be our federal banking system. Again our government, that surrendered its power.
In reality the rich are smart enough to charge more for the value of a dollar in declining value where they really make the same as they always have, but the poor are too ignorant to figure it out, so they really make less daily and pay more daily.
Who is robbing who?
Quote:
Originally Posted by goldengrain
The gap between the wealthy and the middle and poor is growing, with the lower groups seeing less possibility of their rising to a better position.
This country used to tout itself as the bastion of upward mobility. It was our amount of poor who became middle class and the amount of middle class who became wealthy that was our evidence that capitalism worked and should be the adopted system of the world.
What happened?
In 1998 only 17% of Americans said there was not much opportunity to rise upwards; now that percentage is 41.
From 1993 to 2010, the incomes of the richest 1 percent of Americans grew 58 percent while the rest had a 6.4 percent bump.
. . . the United States appears at extreme ends . . . with some of the highest inequality and lowest mobility in the industrial world.
I don't know how to correct the situation, but I do know we are competing with the entire world and that we cannot afford to produce inferior students and excellence in this area is part of the solution.
So to make up for the ignorance of many, you want to rob from the smart people to pay others for their ignorance of the counterfeiting printing press.
Ben Bernanke is your villain here. Not the rich that are smart enough make up the lost value of the dollar bill.
Bernanke makes it so the smart wealthy business owners get more of your counterfeited dollars.
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