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Old 04-19-2012, 01:01 PM
 
Location: Virginia Beach, VA
5,522 posts, read 10,195,269 times
Reputation: 2572

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Quote:
Originally Posted by Roadking2003 View Post
The working poor are moving up the economic ladder every year. Millions of us have done that and millions more will do it every year.
No, they arent.


Quote:
Originally Posted by Roadking2003 View Post
If you look at the data, almost all young people are "working poor" and most of them work out of that status.
No, they arent, and no they dont.
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Old 04-19-2012, 01:01 PM
 
Location: West Coast of Europe
25,947 posts, read 24,731,689 times
Reputation: 9728
Quote:
Originally Posted by Beatles4evr View Post
Perhaps the working poor don't have, (or aren't willing to expend the efforts necessary to have), what it takes

BTW, it isn't the US that is a mess (but under rulers who think and act as you think, it is heading that way.

Perhaps, it is your ilk that are the mess. Did I say "perhaps"? Check that. Definitely, it is your ilk that are the mess (by your own assessement freely given here on CD).

Of course there are people who don't have what it takes, that is the point. Many people just can't compete with ambitious overachievers. Still, they deserve a decent life as long as they give their best, whatever that is.
Nobody is guilty of not having what it takes to compete in a world ruled by the ambitious elite. People span a wide spectrum of capabilities, intellect, drive, etc. You seem to look down on those whom nature placed at the lower end...
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Old 04-19-2012, 01:02 PM
 
Location: Virginia Beach, VA
5,522 posts, read 10,195,269 times
Reputation: 2572
Quote:
Originally Posted by Neuling View Post
Of course there are people who don't have what it takes, that is the point. Many people just can't compete with ambitious overachievers. Still, they deserve a decent life as long as they give their best, whatever that is.
Nobody is guilty of not having what it takes to compete in a world ruled by the elite. People span a wide spectrum of capabilities, intellect, etc. You seem to look down on those whom nature placed at the lower end...
....Nature, or more likely practically insurmountable finanacially related odds.
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Old 04-19-2012, 01:05 PM
 
Location: Fort Worth Texas
12,481 posts, read 10,218,480 times
Reputation: 2536
Quote:
Originally Posted by freemkt View Post
Oh yes it is. You can look it up.
I have and it is not taxed. when the seller and buyer sells a house is where the fair tax comes in
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Old 04-19-2012, 01:05 PM
 
Location: Dallas
31,290 posts, read 20,728,778 times
Reputation: 9325
Quote:
Originally Posted by Neuling View Post
The US is a very class-conscious society.
Not the US I live in. Where did you get that information?



Quote:
On the one hand they keep promoting that American dream / from rags to riches myth,
It's not a myth. Millions achieve it every year. And it's "rags to comfort", not "rags to riches". Most of us don't care about being rich. We just want to have a comfortable life..... and we do.

The American Dream is alive and well and millions of us have a comfortable life.
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Old 04-19-2012, 01:07 PM
 
Location: Dallas
31,290 posts, read 20,728,778 times
Reputation: 9325
Quote:
Originally Posted by Beatles4evr View Post
Do you have any idea whatsoever, how far out your have had to go in an attempt to support your failed premise?

#1 investment does not always create jobs". Yes, that is true, but no jobs are created in the absence of investment. Creating a job, funding it, etc., is in itself, an investment and requires investment capital to do. Further, other investments might not create a job, per se, but tend to contrubute to maintaining jobs by giving them, via their companies, work to do, business to conduct.

#2 There may be a tiny percent who don't, but virtually all do, directly or indirectly. Even putting your cash in a savings accounts is "investement" or contributes thereto by making money available to loan to business to grow their business and either support, create or both, employees.



Your self-imposed blinders have become blindfolds.

You are wasting your time trying to educate posters who have no clue about economics.
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Old 04-19-2012, 01:09 PM
 
Location: West Coast of Europe
25,947 posts, read 24,731,689 times
Reputation: 9728
Quote:
Originally Posted by Randomdude View Post
....Nature, or more likely practically insurmountable finanacially related odds.
If money is the only deficit that keeps you from joining the successful, I suppose a good system would not let you fail because of that, it would provide you with the money, even if it were for egoistic reasons, i.e. with interest.
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Old 04-19-2012, 01:15 PM
 
Location: Virginia Beach, VA
5,522 posts, read 10,195,269 times
Reputation: 2572
Quote:
Originally Posted by Neuling View Post
If money is the only deficit that keeps you from joining the successful, I suppose a good system would not let you fail because of that, it would provide you with the money, even if it were for egoistic reasons, i.e. with interest.
It always is money. There most correlated thing to a persons income in the past 30 years, is their parents income.

A good system would have to ensure that every kid at birth, was entitled to exactly the same priveledges as any other kid, that way, they are not stuck digging out of generational holes.

Most of the rest of the civilized world isnt perfect when it comes to this, but they are a WHOLE lot better then the USA at it.
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Old 04-19-2012, 01:21 PM
 
Location: Dallas
31,290 posts, read 20,728,778 times
Reputation: 9325
Quote:
Originally Posted by Randomdude View Post
It is a myth, dispite the right wing media soldiering against it. For every one poor kid that makes it to the top 1%, 99 of them dont, and of those 99, well over half can look foward to life as poor adult. In fact, even middle quintile children are more likely to achieve a LOWER income then their parents, then a higher income, but nearly 100% of them end up either in the identical income quintile or within 1 income quintile higher or lower.

Do you realize how stupid that statement is? Mathematically, it will always be that way in every country in the world. You can only have 1% in the top 1%, so if 1% of poor kids make it to the top 1%, then that's quite good. If 1% of the non poor make it to the top 1%, that's good too.

Achieving the American Dream does not require that you match Bill Gates and Warren Buffett. It's about a comfortable living. Not uber wealth.

Try reading the facts with an open mind;


"And things look rosier at the bottom of income distribution, too. The same Tax Foundation analysis showed that about 60 percent of households that were in the lowest income quintile in 1999 had moved to a higher quintile by 2007. And about one-third of those in the lowest quintile moved to the middle quintile or higher. While it may be difficult to rise literally from rags to riches, there is still plenty of opportunity for Americans to climb up the income ladder."


For Richer and for Poorer - Reason Magazine
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Old 04-19-2012, 01:26 PM
 
Location: Dallas
31,290 posts, read 20,728,778 times
Reputation: 9325
Quote:
Originally Posted by freemkt View Post
Restoring the property rights once held by the poor would be a huge improvement.

Can you be more specific?
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