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Old 10-26-2014, 05:00 PM
 
152 posts, read 222,025 times
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and those irresponsible women decrease the median wage by not working full time and get paid much less than the men. Oh, wait possibly they are 50% of the American workforce?
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Old 10-26-2014, 05:36 PM
 
Location: Nesconset, NY
2,202 posts, read 4,333,159 times
Reputation: 2160
Quote:
Originally Posted by SportyandMisty View Post
But 100% of the children in Lake Wobegon are above average.
I don't think anyone caught on.

Let's try this:

"Middle Class" begins at $144,000/FT worker. If you're below that you're not "middle class", yet.
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Old 10-26-2014, 06:08 PM
 
106,793 posts, read 109,039,935 times
Reputation: 80241
Quote:
Originally Posted by hartford_renter View Post
Lets put things in perspective

Americans have just about the highest living standard in the entire world

The minimum wage would put you in the top 5% worldwide

Astonishing Numbers: America's Poor Still Live Better Than Most Of The Rest Of Humanity - Forbes

We are the 1%: You need $34k income to be in the global elite... and half the world's richest live in the U.S. | Daily Mail Online

People in this country think the latest iphone and flatscreen TV is a right & entitlement up there with free health care and a government funded retirement.

Normal people don't need to spend 50K dollars per year


normal people don't need to spend more than 50k a year? so why do we all want to earn more and have different lifestyles. you earn more than 50k a year.

So 50k in nyc is the same as 50k in texas?

you really are lost in space sometimes.
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Old 10-26-2014, 06:09 PM
 
5,472 posts, read 3,230,268 times
Reputation: 3935
Default We need to awaken

Quote:
Originally Posted by leavingIL View Post
Even though every period of enormous immigration in this country's history coincidentally happened to be the periods of largest economic growth.

This whole "immigration ruins the economy" thing is played out and has been proven fallacious by anyone with even a 1st grade level of economic understanding time and time again.

Excellent Comment !!!!

Those who seek to blame immigrants, miss the truth. The truth is wrapped in the Degree Label and Job Status title madness, who will divert attention to anything except themselves. We let people buy these degree from over priced Universities and then give them Control of companies, which impact the lives of individuals. They bring their GREED TRAINING SKILLS, and destroy the industry and ruin the lives of working people. They are paid to follow a stock ticker, that the average American knows is a sham, but these so called Educated imbeciles, destroy companies based on a stock ticker driven by fiction.

None of them know the root meaning of the Stock Market. They are not taught that level of integrity.

The stock market was designed for "general people and industry", to invest in other industry, FOR THE PURPOSE OF 'STABILITY", MANAGED GROWTH AND OPERATIONAL EFFICIENCY".

IT WAS NOT DESIGNED TO 'BREAK A RECORD EVERY DAY", it was designed for LONG TERM INVESTORS WHO SUPPORT THE STABILITY AND FUNCTION AND MANAGED GROWTH OF COMPANIES.

Today, it is nothing more than a host of casino games, guaranteed to destroy any company that someone built up and made the mistake of turning it over to the 'goon gang of brokers and traders and Robber Barron investors".
Quote:
Example: HOW CAN A CRIMINAL LIKE CARL ICHAN, WITH A 15% STAKE , DICTATE AND MANDATE A FORCED SALE OF "FAMILY DOLLAR" ? This is how crazy it has become and the players are in bed with each other, ready to sell off and liquidate and consolidate, to ultimately raise the prices and lay off thousands of workers, and the end result is the control of the market of stores where prices will skyrocket as the options have been diminished to rule out competition. These greed masters chalk up another company they crashed and profited from the break up value, and they are on to seek something else to destroy for profit.
We had better become aware and stop assuming it does not affect us, and then assuming we can't do anything. We are the power and the power has the choice to mandate that politicians put a stop to the madness and put STRONG REGULATION IN THE STOCK MARKET, AND PUT REGULATORY CONSTRAINTS ON THE POWER INVESTORS. When we learn what that means and how to stand up and start to RECALL Politicians and stop believing in "Family Name Political Monarchy's" - then we won't leave these criminals in office for 15 and 20 years and more.

Most people walk around talking about what they don't understand and what they don't know, all the while the bulldozers continue to bury them while they look with eyes wide open.

We need to learn what education was all about. It's to learn with INTEGRITY, TO HAVE VALUES AND KNOW WHAT IS DIGNITY AND TO RESPECT WHAT IS HONOR AND VIRTUE. When we gather that, it will result to do what it should. That is make sure that Graduates work their way up, not ride in the door on a degree and proceed to collude the company with crazy policy in their personal search to appear important, and through their utter ignorance, destroy not only the product or service quality, but ultimately destroy the company.

Public Traded companies should have a FIXED SALARY CAP FOR EXECUTIVES AND CEO, STOCK OPTIONS SHOULD BE ELIMINATED AND FOREVER REMOVED. It dilutes investor value and it become a wrong directed incentive for criminal and subversive conduct by CEO's. If they want stock, buy them on the open market like everyone else.
CEO Bonus should never exceed the value of the lowest paid employee's yearly salary. Other Executives Bonus should never exceed 1/4 of the lowest paid employee.

No politician should be allowed to meet with a lobbyist. IF a lobbyist has something to present, it should be presented to an independent council made of citizens from the working and consumer environment of what the company markets or sells.
Every Lobbyist should be published and any bill or measure they present must be published with the lobbyist information for the general public.
The Politician, must adhere to the recommendations of the review panel. PERIOD !!!!

No Public Traded Company can have more than 30% of its production performed offshore, and no more than the same 30% of its manufactured product components can be acquired from Foreign Lands.

No Public Traded Company can borrow more than 40% of its Gross Value, and Not more than 30% of its Net Value. We then will have no more companies in debt beyond their ability to perform.

Home Interest Rates are capped at no more than 4.5 % - up to homes costing $750K.

We must learn to think for ourselves and act progressively, not be so quick to believe anything a person with a suit on has to say. We need to not be so gullible to the slick words our of the mouth of the wealthy. Their goal is to tell you anything, if it will get you to help them retain their wealth at your personal and family expense, the expense to your community, and your city, ultimately to your state and this nation.

We need not listen to Economist telling us any longer that American's can't compete. When we pay the same cost for products as if they were made in America at a living wage. all the while Industrialist rack up 3000% and more. While they dupe us with their paid mouthpieces, wearing suits and claiming a PhD. We need to awaken.

These are the same clowns who said they did not see the crash coming, and these are the same clowns who said they did not know what to do. Why should we continue listening to them? Is a question people must ask themselves.


Quote:
Stop chasing good with slick advertising, which are produced on foreign lands, these are the same goods that keep you unemployed, under paid and watching your family, community and city struggle as it crumbles into despair.

Last edited by Chance and Change; 10-26-2014 at 07:19 PM..
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Old 10-26-2014, 06:26 PM
 
5,472 posts, read 3,230,268 times
Reputation: 3935
Quote:
Originally Posted by mathjak107 View Post
normal people don't need to spend more than 50k a year? so why do we all want to earn more and have different lifestyles. you earn more than 50k a year.

So 50k in nyc is the same as 50k in texas?

you really are lost in space sometimes.
Quote:
So 50k in nyc is the same as 50k in texas?
Technically 50k is 50k, but the cost index of living expense is different in each place respectively. Your premise is flawed. You negated the cost of living factor.
High density population areas have a different expensive rating than low density population areas - when you are functioning in the 50K capacity.



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Old 10-26-2014, 06:38 PM
 
5,472 posts, read 3,230,268 times
Reputation: 3935
Quote:
Originally Posted by hartford_renter View Post
Lets put things in perspective

Americans have just about the highest living standard in the entire world

The minimum wage would put you in the top 5% worldwide

Astonishing Numbers: America's Poor Still Live Better Than Most Of The Rest Of Humanity - Forbes

We are the 1%: You need $34k income to be in the global elite... and half the world's richest live in the U.S. | Daily Mail Online

People in this country think the latest iphone and flatscreen TV is a right & entitlement up there with free health care and a government funded retirement.

Normal people don't need to spend 50K dollars per year

Sorry, this is not true.
Quote:
[Americans have just about the highest living standard in the entire world]
Please review Sweden, Switzerland, Norway, Denmark and other Nordic Regional Countries. Not only is their standard of living higher, their life expectancy is longer and their earning and saving rates are astronomical compared to ours in the average US household.
Their employment standards are different and their employment is protected in ways that ours is not.

Next:
Across the world there is something else different than the US system. If you review European Companies, many don't have a single CEO in many of the European Countries, they have multiple CEO's.

Quote:
The earliest cite in print for CEO that the Oxford English Dictionary has is 1972. Interestingly in 1955 only 1 head of a Fortune 200 company was titled CEO, This marks the period American Industry began its fast decline.


In some European Union countries, there are two separate boards, one executive board for the day-to-day business and one supervisory board for control purposes (selected by the shareholders). In these countries, the CEO presides over the executive board and the chairman presides over the supervisory board, and these two roles will always be held by different people. This ensures a distinction between management by the executive board and governance by the supervisory board. This allows for clear lines of authority. The aim is to prevent a conflict of interest and too much power being concentrated in the hands of one person.
In the United States, the board of directors (elected by the shareholders) is often equivalent to the supervisory board, while the executive board may often be known as the executive committee(the division/subsidiary heads and C-level officers that report directly to the CEO).

You don't see them selling their companies at a whims notice to enrich a few.
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Old 10-26-2014, 07:02 PM
 
106,793 posts, read 109,039,935 times
Reputation: 80241
Quote:
Originally Posted by Chance and Change View Post
Technically 50k is 50k, but the cost index of living expense is different in each place respectively. Your premise is flawed. You negated the cost of living factor.
High density population areas have a different expensive rating than low density population areas - when you are functioning in the 50K capacity.


My premise is not flawed. The point i am making is the cost of living is different in different areas. Living on 50k in texas is a very different life than living on 50k in nyc where we are.

Making a statement like no one needs more than 50k or they are doing something wrong as hartford did is just nonsense.
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Old 10-26-2014, 07:33 PM
 
5,472 posts, read 3,230,268 times
Reputation: 3935
Quote:
Originally Posted by mathjak107 View Post
My premise is not flawed. The point i am making is the cost of living is different in different areas. Living on 50k in texas is a very different life than living on 50k in nyc where we are.

Making a statement like no one needs more than 50k or they are doing something wrong as hartford did is just nonsense.

Ok, thank you for the clarity, I see you posed the comment as a question, It first appeared that you were making a statement as if by inquiry.
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Old 10-26-2014, 08:48 PM
 
3,351 posts, read 2,149,391 times
Reputation: 5179
I'd be curious to know where $50k gross household income provides a middle-class lifestyle for a family of four.
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Old 10-26-2014, 08:58 PM
 
33,016 posts, read 27,489,115 times
Reputation: 9074
Quote:
Originally Posted by OpinionInOcala View Post
I'd be curious to know where $50k gross household income provides a middle-class lifestyle for a family of four.

Lake Wobegon.
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