Comments on: How do we measure whether Americans are better off than in the past? http://blogs.reuters.com/great-debate/2014/01/16/how-do-we-measure-whether-americans-are-better-off-than-in-the-past/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: dragon2014 http://blogs.reuters.com/great-debate/2014/01/16/how-do-we-measure-whether-americans-are-better-off-than-in-the-past/#comment-84008 Sun, 16 Feb 2014 07:13:00 +0000 http://blogs.reuters.com/great-debate/?p=27374#comment-84008 My daughter is a dean of students at Cal and her husband is assistant DA. They make more than $150,000 a year. Because of college loans they had a terrible time qualifying for a house loan. They managed to save a good downpayment, but, could not find a place to live that they could afford close to their work. They found a house an hour from his work and half an hour from her job. It is a nice fixer upper, so it is not fancy. If they had waited even a couple of months they would not have qualified for it. They make a lot of money why was it so hard. Where do people live who don’t make that much money? So I don’t think things are better

]]>
By: brotherkenny4 http://blogs.reuters.com/great-debate/2014/01/16/how-do-we-measure-whether-americans-are-better-off-than-in-the-past/#comment-83428 Wed, 22 Jan 2014 19:01:25 +0000 http://blogs.reuters.com/great-debate/?p=27374#comment-83428 Will we be better off when we finally have to pay the debt? Sure, maybe that never happens, but some reconsiliation will take place. Our last several decades have been put on the credit card. The taxpayer paid for the car companies and the banks and never complained (yes, there was some whining, but they voted the bastards back in, so that’s capitulation) and we’ll get stuck with the rest too. How much better will we have it then.

Let’s not mention that at any time and without evidence the military could place us under arrest indefinitely without trial. Are we better off because of that?

]]>
By: UScitizentoo http://blogs.reuters.com/great-debate/2014/01/16/how-do-we-measure-whether-americans-are-better-off-than-in-the-past/#comment-83420 Wed, 22 Jan 2014 04:10:32 +0000 http://blogs.reuters.com/great-debate/?p=27374#comment-83420 I am worse off without a doubt. I make 50% what I used to make, I pay more for food gas and drive a 10 year old car. I have zero job security. I see an american congress that is 100% fascist (100% controlled by corporations) and I see more and more foreign workers and foreign products in my life. Every company I work at is swamped with Indians on work visas, not a single US citizen in an entire floor of workers. Nope, the American middle class is an endangered species.

]]>
By: sufrinsucatash http://blogs.reuters.com/great-debate/2014/01/16/how-do-we-measure-whether-americans-are-better-off-than-in-the-past/#comment-83402 Tue, 21 Jan 2014 09:57:10 +0000 http://blogs.reuters.com/great-debate/?p=27374#comment-83402 This is a an extraordinarily poor assessment of the current economic conditions facing most Americans today. Not much economics here–a little cherry picking of bias studies by political shills and propagandists. Fox News stuff through and through.

]]>
By: changeling http://blogs.reuters.com/great-debate/2014/01/16/how-do-we-measure-whether-americans-are-better-off-than-in-the-past/#comment-83400 Tue, 21 Jan 2014 03:33:46 +0000 http://blogs.reuters.com/great-debate/?p=27374#comment-83400 I can’t stand all this Ameri-centric whining. Who the f&^k cares if we aren’t doing better than our parents and grandparents generations? Relax, take a deep breath, take a global perspective…and then shut the f&^K up.

]]>
By: tmc http://blogs.reuters.com/great-debate/2014/01/16/how-do-we-measure-whether-americans-are-better-off-than-in-the-past/#comment-83396 Mon, 20 Jan 2014 21:15:51 +0000 http://blogs.reuters.com/great-debate/?p=27374#comment-83396 My father-in-law was an engineer for GE. His wife did not work. He raised four children. Owned his own home. Always had two cars. Put three out of the four children through college. Had a very good retirement of around $3k a month from GE plus free health care. I’m an engineer too. I have my own home. Put one child through college. Have two cars. I’m debt free, but have little saved for retirement and definitely no wonderful pension. My wife works full time. My healthcare cost $950 a month for my wife and myself. I’m better off than most, but could not match my parents no matter how hard I try.

]]>
By: rikfre http://blogs.reuters.com/great-debate/2014/01/16/how-do-we-measure-whether-americans-are-better-off-than-in-the-past/#comment-83395 Mon, 20 Jan 2014 20:57:38 +0000 http://blogs.reuters.com/great-debate/?p=27374#comment-83395 20 years a go, my friend paid his mortgage, drove a new car and put his kids through school. Now, he makes the exact same amount ( that is a long story and there isn’t enough room here to go into that) and he is lucky he can afford a 12 year old Toyota, barely able to keep up with his bills and has no health insurance. Is he better off..?

]]>
By: EconCassandra http://blogs.reuters.com/great-debate/2014/01/16/how-do-we-measure-whether-americans-are-better-off-than-in-the-past/#comment-83367 Sat, 18 Jan 2014 18:28:28 +0000 http://blogs.reuters.com/great-debate/?p=27374#comment-83367 Great propaganda article (which I could not finish due to impending gastric distress)!

It hardly takes a PhD in economics to figure out that literally everything is relative to everything else.

How about demonstrating you really have that degree, or you understand anything “real” about the “dismal science” — I suspect your degree is as real as most of the other degrees issued by the US elite universities — by putting some reputable facts where your mouth is?

]]>
By: jambrytay http://blogs.reuters.com/great-debate/2014/01/16/how-do-we-measure-whether-americans-are-better-off-than-in-the-past/#comment-83353 Sat, 18 Jan 2014 04:22:45 +0000 http://blogs.reuters.com/great-debate/?p=27374#comment-83353 There is data supporting the notion that we’re better off.

Household income data compiled by the US Census shows the percentage of households in the lower (under 25k/yr) and middle income (25k to 100k/yr) groups has dropped over the last 45+ years while the number of households in the upper income group (over 100k/yr) has increased over that same time frame. I’ve taken a deeper dive into this data here: http://unrepentantcapitalist.blogspot.co m

]]>
By: Shukla http://blogs.reuters.com/great-debate/2014/01/16/how-do-we-measure-whether-americans-are-better-off-than-in-the-past/#comment-83338 Fri, 17 Jan 2014 18:47:25 +0000 http://blogs.reuters.com/great-debate/?p=27374#comment-83338 “That may mean a future where the rich get richer and the poor get poorer.” Good article, but that final conclusion line wasn’t very insightful, bromide even.

]]>