It's About Liberty: A Conservative Forum

Topics => Economy => Topic started by: LadyVirginia on January 23, 2012, 02:19:40 PM

Title: Rush talked about this today:disposable income
Post by: LadyVirginia on January 23, 2012, 02:19:40 PM
I always suspected this was the case.   (http://www.zerohedge.com/article/entitlement-america-head-household-making-minimum-wage-has-more-disposable-income-family-mak)

Quote
Tonight's stunning financial piece de resistance comes from Wyatt Emerich of The Cleveland Current. In what is sure to inspire some serious ire among all those who once believed Ronald Reagan that it was the USSR that was the "Evil Empire", Emmerich analyzes disposable income and economic benefits among several key income classes and comes to the stunning (and verifiable) conclusion that "a one-parent family of three making $14,500 a year (minimum wage) has more disposable income than a family making $60,000 a year." And that excludes benefits from Supplemental Security Income disability checks. America is now a country which punishes those middle-class people who not only try to work hard, but avoid scamming the system. Not surprisingly, it is not only the richest and most audacious thieves that prosper - it is also the penny scammers at the very bottom of the economic ladder that rip off the middle class each and every day, courtesy of the world's most generous entitlement system. Perhaps if Reagan were alive today, he would wish to modify the object of his once legendary remark.


Look at the chart at the link.

Makes. Me. Sick.

Title: Re: Rush talked about this today:disposable income
Post by: IronDioPriest on January 23, 2012, 03:02:11 PM
I've seen a similar chart before, about a year ago if memory serves me.

It is utterly disgusting. And even more disgusting is the Democrats fever pitch effort to create more of this dynamic in order to solidify their grip.
Title: Re: Rush talked about this today:disposable income
Post by: Weisshaupt on January 23, 2012, 03:09:43 PM
I've seen a similar chart before, about a year ago if memory serves me.

It is utterly disgusting. And even more disgusting is the Democrats fever pitch effort to create more of this dynamic in order to solidify their grip.

Ah, yes. IN a year or so I will "retire" to the  Mountains, with no debt, lots of savings and then live the good life hiking, fishing, ATVing, kayacking and just generally lounging about  and living on other people's dollars - just doing my part to bring this F'ing system down.
Title: Re: Rush talked about this today:disposable income
Post by: Pandora on January 23, 2012, 03:45:40 PM
I've seen a similar chart before, about a year ago if memory serves me.

It is utterly disgusting. And even more disgusting is the Democrats fever pitch effort to create more of this dynamic in order to solidify their grip.

The article was written in 11/10, so you probably have already seen it.  Not surprised Rush brought it up again; the situation has only gotten more egregious since then.

This stuck out:

Quote
One can only also hope that in addition to seeing their disposable income be eaten away by a kleptocratic entitlement state, that the disappearing middle class is also selling off its weaponry. Because if it isn't, and if it finally decides it has had enough, the outcome will not be surprising at all: it will be the same old that has occurred in virtually every revolution in the history of the world to date.

No, "it" isn't, and very soon, "it" will have had eee-nuff.
Title: Re: Rush talked about this today:disposable income
Post by: LadyVirginia on January 23, 2012, 03:59:22 PM



Quote
One can only also hope that in addition to seeing their disposable income be eaten away by a kleptocratic entitlement state, that the disappearing middle class is also selling off its weaponry.


 ::hysterical::
Title: Re: Rush talked about this today:disposable income
Post by: Pandora on January 23, 2012, 04:02:26 PM
Yeah, I know, LV.  Hysterical, right?

People are being impoverished and stolen from and this jerk HOPES we'll just go along to get along.  I hope HE wears his chains lightly.
Title: Re: Rush talked about this today:disposable income
Post by: IronDioPriest on January 23, 2012, 04:27:32 PM
I'm sure there are many - maybe millions - of people who consider themselves "conservative" or "constitutionalists" or "centrists" or "independents" who would hands-down prefer slouching into totalitarianism than to deal with the messy business of revolution, if it comes to it.

If and when the time comes, those who dare to fight had better do so understanding that they will be in the extreme minority. Maybe not in sentiment, but surely in action.
Title: Re: Rush talked about this today:disposable income
Post by: LadyVirginia on January 23, 2012, 05:23:46 PM
I'm sure there are many - maybe millions - of people who consider themselves "conservative" or "constitutionalists" or "centrists" or "independents" who would hands-down prefer slouching into totalitarianism than to deal with the messy business of revolution, if it comes to it.

If and when the time comes, those who dare to fight had better do so understanding that they will be in the extreme minority. Maybe not in sentiment, but surely in action.

Already happened in 1775 to 1783. I'm reading  His Excellency: George Washington by Joseph J. Ellis.  It's pretty clear to me from reading this book that the enthusiasm for the war died out within about 6 months of it starting (among the general population).  GW had hoped to field an army of believers but had to resort to promises of pay and use of hanging for deserters to keep an army together.  There was really no earthly reason for the Americans to be victorious. GW was in harm's way more than once and many of his battles didn't go well.  It was Divine Providence.
Title: Re: Rush talked about this today:disposable income
Post by: Libertas on January 24, 2012, 07:57:05 AM
I remember this article.  Pretty much reaffirmed for me there is a point where Going Galt is necessary, not just an option.
Title: Re: Rush talked about this today:disposable income
Post by: charlesoakwood on January 24, 2012, 11:42:02 AM

Quote
There was really no earthly reason for the Americans to be victorious. ...It was Divine Providence.

In our desire to return to a strict interpretation of our Constitution
and to return America to a societal construct envisioned by our
founding fathers we should also emulate the thoughts and deeds
that brought their goals to fruition.  Take a knee.
Title: Re: Rush talked about this today:disposable income
Post by: LadyVirginia on January 24, 2012, 11:54:01 AM
People getting assistance think they have a right to be put on the same economic level as workers. No longer is it a help "to get by on" until better times.

You'd think these people getting their government money wouldn't fall prey to class envy since many probably live better than the employed.  But they do because they will never escape the truth that they are losers and can't cut it.