Quote:
Originally Posted by Mutt
how can you state that like it's a fact when you post no evidence? i am sure plenty of people have gone from middle class to poor(lost a good job, non-replaced or replaced with a minimum wage job) and plenty of people have gone from middle class to rich(tech industry)
|
http://www.theatlantic.com/business/archive/2012/09/mitt-romneys-definition-of-the-middle-class-is-pretty-weird-in-1-graph/262402/
According to Romney and the Obama tax plan BOTH candidates view middle class as people earning 200-250K per year (yes, I know the median income in the US is closer to 50K)
But according to BOTH candidates, if you make more than 250K you are doing well enough to be considered above the middle class level.
How many people make that amount? Roughly 4% of the country.
Middle class is a bogus term used to manipulate people into ignoring the math.
More people are becoming poor than are becoming wealthy. The numbers aren't close.
Wages and income of people in 95+% of households have stagnated or declined while incomes among the top 1% have skyrocketed.
Whether that's ok or not can be debated. Whether it is because some work harder or just got luckier or both can be debated.
The simple math of what is happening demographically is objective fact. Many more people are getting poorer and a few are getting much much wealthier.
Whether you are OK with that or not is a matter of opinion. Whether it is happening or not... is not an item of data in question.