The NEW middle class
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That's excellent!
I think the definition of "middle" class is based on the local standard of living.
No it is not about home ownership or cars or how many toys you own, but IMO it's about whether you have enough income to pay for more than just food and shelter, and afford education for your kids plus some day to day expense that you can afford to pay for (i.e health care, entertainment once in a while, savings is trending up and you do not have to borrow money month to month to keep the lights on, etc).
Nice article / slides though, this shows why energy cost would keep going up despite all the efficiency improvement: there are a lot more middle class people now than before.
No it is not about home ownership or cars or how many toys you own, but IMO it's about whether you have enough income to pay for more than just food and shelter, and afford education for your kids plus some day to day expense that you can afford to pay for (i.e health care, entertainment once in a while, savings is trending up and you do not have to borrow money month to month to keep the lights on, etc).
Nice article / slides though, this shows why energy cost would keep going up despite all the efficiency improvement: there are a lot more middle class people now than before.
Originally Posted By: 95busa
Share? No thanks. Work hard and take what is yours. Anything else is excuses. Losers make excuses, winners are committed.
Be careful what you pray for.
I'm hoping all those "CARE" packages we sent to China 40-50 yrs ago come back full to us.
Share? No thanks. Work hard and take what is yours. Anything else is excuses. Losers make excuses, winners are committed.
Be careful what you pray for.
I'm hoping all those "CARE" packages we sent to China 40-50 yrs ago come back full to us.
Originally Posted By: Shannow
And you are now "competing" with a couple of billion people who are willing to work hard and take what's theirs...
True, and you're also competing with a lot of people who want you to work so they can take what's yours.
And you are now "competing" with a couple of billion people who are willing to work hard and take what's theirs...
True, and you're also competing with a lot of people who want you to work so they can take what's yours.
JHZR2
Staff member
Originally Posted By: Shannow
And you are now "competing" with a couple of billion people who are willing to work hard and take what's theirs...
No, we enabled three billion plus people to come in and vie for the same things.
And you are now "competing" with a couple of billion people who are willing to work hard and take what's theirs...
No, we enabled three billion plus people to come in and vie for the same things.
gathermewool
Site Donor 2023
Originally Posted By: 95busa
Share? No thanks. Work hard and take what is yours. Anything else is excuses. Losers make excuses, winners are committed.
"You're first or you're last, Cal!"
Amurika!
Share? No thanks. Work hard and take what is yours. Anything else is excuses. Losers make excuses, winners are committed.
"You're first or you're last, Cal!"
Amurika!
Originally Posted By: gathermewool
Originally Posted By: 95busa
Share? No thanks. Work hard and take what is yours. Anything else is excuses. Losers make excuses, winners are committed.
"You're first or you're last, Cal!"
Amurika!
Ok, Reese Bobby for President....
Originally Posted By: 95busa
Share? No thanks. Work hard and take what is yours. Anything else is excuses. Losers make excuses, winners are committed.
"You're first or you're last, Cal!"
Amurika!
Ok, Reese Bobby for President....
Originally Posted By: JHZR2
Originally Posted By: Shannow
And you are now "competing" with a couple of billion people who are willing to work hard and take what's theirs...
No, we enabled three billion plus people to come in and vie for the same things.
Agreed. The US is an emerging third world welfare state, we let them build their middle class one Harbour Freight and Walmart purchase at a time.
Proof? Detroit a city on welfare. Nuff said.
Originally Posted By: Shannow
And you are now "competing" with a couple of billion people who are willing to work hard and take what's theirs...
No, we enabled three billion plus people to come in and vie for the same things.
Agreed. The US is an emerging third world welfare state, we let them build their middle class one Harbour Freight and Walmart purchase at a time.
Proof? Detroit a city on welfare. Nuff said.
Originally Posted By: expat
Originally Posted By: Gabe
$10 a day is NOT middle class.
I think it's a NEW definition of Middle class. Not 'our' traditional one.
Yep and we are heading there fast with minimum wage part time jobs with draconian taxes and mandatory health insurance cost.
Yes sir unemployment is down they fail to say these new jobs are 20hr a week minimum wage slave jobs.
McDonalds, Burger King, Walmart and Harbour Freight are the new economic boom. Course every student has to have a college degree in one thing or another to work in the new high tech jobs.
The Chinese and Indians are only doing manufacturing jobs Americans don't want or wont do lets not forget that. Food Stamps, free Obama phone anyone?
Originally Posted By: Gabe
$10 a day is NOT middle class.
I think it's a NEW definition of Middle class. Not 'our' traditional one.
Yep and we are heading there fast with minimum wage part time jobs with draconian taxes and mandatory health insurance cost.
Yes sir unemployment is down they fail to say these new jobs are 20hr a week minimum wage slave jobs.
McDonalds, Burger King, Walmart and Harbour Freight are the new economic boom. Course every student has to have a college degree in one thing or another to work in the new high tech jobs.
The Chinese and Indians are only doing manufacturing jobs Americans don't want or wont do lets not forget that. Food Stamps, free Obama phone anyone?
Last edited:
Originally Posted By: Trav
Originally Posted By: expat
Originally Posted By: Gabe
$10 a day is NOT middle class.
I think it's a NEW definition of Middle class. Not 'our' traditional one.
Yep and we are heading there fast with minimum wage part time jobs with draconian taxes and mandatory health insurance cost.
Yes sir unemployment is down they fail to say these new jobs are 20hr a week minimum wage slave jobs.
McDonalds, Burger King, Walmart and Harbour Freight are the new economic boom. Course every student has to have a college degree in one thing or another to work in the new high tech jobs.
The Chinese and Indians are only doing manufacturing jobs Americans don't want or wont do lets not forget that. Food Stamps anyone?
But ... unemployemnt is down! The world is saved.
What NEEDS to happen will NOT happen.
Originally Posted By: expat
Originally Posted By: Gabe
$10 a day is NOT middle class.
I think it's a NEW definition of Middle class. Not 'our' traditional one.
Yep and we are heading there fast with minimum wage part time jobs with draconian taxes and mandatory health insurance cost.
Yes sir unemployment is down they fail to say these new jobs are 20hr a week minimum wage slave jobs.
McDonalds, Burger King, Walmart and Harbour Freight are the new economic boom. Course every student has to have a college degree in one thing or another to work in the new high tech jobs.
The Chinese and Indians are only doing manufacturing jobs Americans don't want or wont do lets not forget that. Food Stamps anyone?
But ... unemployemnt is down! The world is saved.
What NEEDS to happen will NOT happen.
Originally Posted By: Miller88
What NEEDS to happen will NOT happen
Not in out lifetime and until Americans step on and break the Rose colored glasses it never will.
What NEEDS to happen will NOT happen
Not in out lifetime and until Americans step on and break the Rose colored glasses it never will.
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