Comments on: White House: The American middle class is shrinking http://blogs.reuters.com/david-rohde/2012/01/13/white-house-the-american-middle-class-is-shrinking/ Fri, 31 Jul 2015 03:37:49 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: matthewslyman http://blogs.reuters.com/david-rohde/2012/01/13/white-house-the-american-middle-class-is-shrinking/#comment-582 Mon, 16 Jan 2012 21:54:06 +0000 http://blogs.reuters.com/david-rohde/?p=377#comment-582 Seems reasonable! I can’t think of a more reasonable definition for “middle class”…
I don’t like the “sawn-off” graph though. BEWARE THE COLLAPSED AXIS… Vertical bars are NOT in proportion.

> “That’s 2% drop per 10 years. Not good but not alarming.”
That’s not the point! The main point here is that this is a consistent movement in fundamental measurements of American income mobility. This change has real-world consequences…
http://www.ted.com/talks/view/lang/en//i d/1253

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By: txgadfly http://blogs.reuters.com/david-rohde/2012/01/13/white-house-the-american-middle-class-is-shrinking/#comment-581 Mon, 16 Jan 2012 17:30:34 +0000 http://blogs.reuters.com/david-rohde/?p=377#comment-581 The data shows that the income curve has flattened, with the center “hump” in the curve shrinking. In other words, the middle of the distribution is decreasing as a percentage of the population.

It is interesting that, if you place the “lower income” threshold at $100,000. per year, the lower income threshold is about double the US household median income.

Just as a matter of brutal fact, for those of you who are not “lower income”, this country belongs to that lower income group. You have no property rights, no residence rights, no citizenship rights that are not granted by them. Ownership is merely a name on a piece of paper. That name can be changed. Participation in the political system is an “entitlement” just as subject to change as any other “entitlement”.

Caution is advised. Promoting the benefits of allowing a capitalist system would be wise. Disparaging class based remarks are just plain stupid and antagonistic.

This country is not run by, or for the benefit, of organizations.

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By: Savant55 http://blogs.reuters.com/david-rohde/2012/01/13/white-house-the-american-middle-class-is-shrinking/#comment-572 Mon, 16 Jan 2012 01:08:46 +0000 http://blogs.reuters.com/david-rohde/?p=377#comment-572 So let’s just put everyone on level ground, shall we? Then we will see exactly what socialism really means. Or perhaps you could look at the European nations which are now having trouble with that theory, that is, level ground, and ask them how they are doing. Our nation was built upon anyone being able to make money, and the small to large companies employ Americans. Let us NOT allow the government to be the largest employer. Otherwise, you will only see and vast majority with hands out for lattes and cigarettes.

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By: jambrytay http://blogs.reuters.com/david-rohde/2012/01/13/white-house-the-american-middle-class-is-shrinking/#comment-567 Fri, 13 Jan 2012 21:21:56 +0000 http://blogs.reuters.com/david-rohde/?p=377#comment-567 okay, one more try:

I’ve studied long term household income data from US Census. The data shows that the % of lower income households ($100k/yr) has increased.

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By: jambrytay http://blogs.reuters.com/david-rohde/2012/01/13/white-house-the-american-middle-class-is-shrinking/#comment-566 Fri, 13 Jan 2012 21:14:09 +0000 http://blogs.reuters.com/david-rohde/?p=377#comment-566 what’s up reuters’ moderator?

The data shows that the %’s of lower income households ($100k/yr) has increased.

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By: jambrytay http://blogs.reuters.com/david-rohde/2012/01/13/white-house-the-american-middle-class-is-shrinking/#comment-565 Fri, 13 Jan 2012 21:11:44 +0000 http://blogs.reuters.com/david-rohde/?p=377#comment-565 it appears my original posting got garbled, let me try again.

I’ve studied long term household income data from US Census. The data shows that the %’s of lower income households ($100k/yr) has increased. (Census date measures income in constant 2007 dollars.)

Net net, households are becoming more prosperous.

My study can be found at http://unrepentantcapitalist.blogspot.co m/, see the August 21, 2010 posting.

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By: Quan http://blogs.reuters.com/david-rohde/2012/01/13/white-house-the-american-middle-class-is-shrinking/#comment-564 Fri, 13 Jan 2012 21:08:25 +0000 http://blogs.reuters.com/david-rohde/?p=377#comment-564 That’s 2% drop per 10 years. Not good but not alarming.

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By: jambrytay http://blogs.reuters.com/david-rohde/2012/01/13/white-house-the-american-middle-class-is-shrinking/#comment-562 Fri, 13 Jan 2012 20:24:57 +0000 http://blogs.reuters.com/david-rohde/?p=377#comment-562 I’ve studied long term household income data from US Census. The data shows that the %’s of lower income households ($100k/yr) has increased. The Census doesn’t attempt to define middle class, but I think the income bands cited above are reasonable. (Census date measures income in constant 2007 dollars.)

Net net, households are becoming more prosperous.

My study can be found at http://unrepentantcapitalist.blogspot.co m/, see the August 21, 2010 posting.

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