Do you feel it's difficult to provide a modest middle class life today?

Discussion in 'Economics & Trade' started by kazenatsu, Apr 2, 2018.

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Is providing for oneself a modest middle class living standard difficult?

  1. No, anyone with a half decent brain and strong work ethic can do, not extremely difficult

    8 vote(s)
    32.0%
  2. Not really much more difficult than it's always been

    8 vote(s)
    32.0%
  3. only for those who aren't college material

    0 vote(s)
    0.0%
  4. Yes, it is substantially more difficult today, people are treading water trying to stay afloat

    9 vote(s)
    36.0%
  1. Natural Evidence

    Natural Evidence Member Past Donor

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    Benefit should be distributed for many people. The economy which can provide income for few people can be seemed as fault function, they say.
     
  2. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    There are many words for the phenomenon. There, I just used one.

    Whyzzat? Because phenomenon means "a fact or situation that is observed to exist or happen, especially one whose cause or explanation is in question."

    I, for one, very much question the cause, which is insufficient upper-income taxation; and I refuse to accept the pathetic explanations from the Rabid Right. Based upon some silly reasoning like, "Because we all have a right to become rich". Our rights are described by law, not expressed by emotion. I know of no "right" to become rich inscribed in law.

    Moreover, freedom does not necessarily mean the right to get absurdly rich. Especially in a country that has concomitant (1) ridiculously low upper-income taxation and (2) a very high population living below the Poverty Threshold (14% or 45 million people).

    So, it would be nice if the fundamentally honest majority in this country STOPS BELIEVING that Income Disparity is NOT the major social-preoccupation. Because it is!

    There is a damn good reason why we have the highest incarcerated population per capita in the world. See here.

    It's because we don't do enough for the poorest amongst us. Of those incarcerated, how many have a secondary-school degree. See this (dated) information here - excerpt:
    Piss-'n-moan in a blog or get off your duffs and militate for a profound change of the present circumstance. Howzzat?

    Yes, it ain't easy, and these know-nothings presently working for the White House could not care a fig about the situation. They probably think we need to hire more police and build more prisons. Which are just palliative solutions! Because they address the problem, but do not solve it!

    So, how do we solve it? Good question!

    Any answers ... ?
     
    Last edited: Jul 8, 2018
  3. Longshot

    Longshot Well-Known Member

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    It seems as if envy has become the major social-preoccupation.
     
    Ndividual likes this.
  4. Ndividual

    Ndividual Well-Known Member

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    Incarcerate all who drop out or fail to acquire a High School diploma until which time they have acquired a GED? Good answer!
     
  5. Natural Evidence

    Natural Evidence Member Past Donor

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    It is the absolute idea.
    Equality in the country should make the time for people with human rights. Monopolism will make any other society with the end of liberty in the economy of the World. But we have the rights to improve the World by the activity.
     
    Last edited: Jul 9, 2018
  6. OldManOnFire

    OldManOnFire Well-Known Member

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    It is 100% diatribe unless you can provide some fact checking for your statement; some folk are too precious for that. They want the fancy stuff .... without having to work for it.
     
  7. OldManOnFire

    OldManOnFire Well-Known Member

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    The tendency is to maximize the income from every square inch of land. The higher the demand the higher the prices are going to be. This is the natural process and in order to provide affordable housing, and other necessary amenities, for those who cannot afford the local cost of living index, the local government must zone for affordable housing and partner with the private sector and/or non-profits to sustain low consumer costs. Those who have the income have more choices where to work-live but others who must go where the work exists, in those higher populated higher cost of living areas, are forced to remote bedroom communities, and farther out, relegated to those 1-3 hour commutes. Our city managers must do more to force housing that is affordable to all workers...
     
  8. OldManOnFire

    OldManOnFire Well-Known Member

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    The median price of a single-family home in San Francisco rose to yet another all-time high by quarter in Q1 of 2018, according to a report released Wednesday by Paragon Real Estate economist Patrick Carlisle, this time hitting $1.61 million.

    As of June 2018, average rent for an apartment in San Francisco, CA is $3697 which is a 2.87% decrease from last year when the average rent was $3803 , and a 2.06% increase from last month when the average rent was $3621.

    One bedroom apartments in San Francisco rent for $3334 a month on average (a 4.98% decrease from last year) and two bedroom apartment rents average $4509 (a 2.84% decrease from last year).

    There is no property available to build a 'small house'.

    Property taxes are approximately 1.1723% of the assessed value. So on the $1.61 million home above property taxes would be ~$18,756 plus some other fees.
     
  9. OldManOnFire

    OldManOnFire Well-Known Member

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    The median home value where I live today is $868,000. Yet where I live we REQUIRE service workers in all industries and it is impossible to pay all workers 'enough to live' anywhere near this area.

    And, in the dream world of paying everyone enough to afford $868,000 housing, if this could happen the cost of everything in this area would skyrocket!

    Affordable housing IS NOT something that can be solved politically with wage increases...
     
  10. OldManOnFire

    OldManOnFire Well-Known Member

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    Do you think the receptionist should earn the same as the heart surgeon at the hospital? It's not about 'distribution'? Everyone receives income from the economy...just at different rates. Separately, there is the cost of living, which is determined by supply and demand...
     
  11. Ndividual

    Ndividual Well-Known Member

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    Credit card debts, one example.
     
  12. Ndividual

    Ndividual Well-Known Member

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    I agree with your words in red.
     
  13. Ndividual

    Ndividual Well-Known Member

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    Yes, that question was already answered sufficiently and responded to.
     
  14. Natural Evidence

    Natural Evidence Member Past Donor

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    Supply itself can take many forms in the real, anyway.
     
  15. Mamasaid

    Mamasaid Banned

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    Yes, it's much more difficult. Wages have stagnated, while the cost of many things that allow us to be stable and participate in the economy have skyrocketed. Shelter, transportation, healthcare...these things take a much bigger share of one's income, leaving less money for planning and investment, creating tenuous situations where on bump in the road leads to financial ruin, and causing perosnal debt to skyrocket.
     
  16. bringiton

    bringiton Well-Known Member

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    It seems as if calling righteous resentment of privilege and injustice "envy" has become the major social-preoccupation.

    There. Fixed it for you.
     

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