27 Oct 11
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Originally posted by PsychoPawnYes, frankly, I had trouble placing myself into a category, because while I consider myself actually quite wealthy, especially on the global scale, I have a tough time considering myself upper class. Because, really, I always thought the "upper class" was the class of power. And besides the ability to throw around some discretionary income, and to have the last word amongst a small group of coworkers, I pretty much have no power.
If you wanted to talk about what benefits the middle class then I guess you'd have to start at least with at least a general definition.
Somehow, in my mind, the lower class is the class of people that struggle to make ends meet. The upper class is the class that has the power to command. The middle class is everything in between. Those who play around with the 99% term, seem to favor a more wealth-based definition.
But I suspect many people consider a more strictly wealth-based definition.
27 Oct 11
Originally posted by wittywonkaI just mentioned that I thought that I knew what he was getting at... I didn't assume that I knew, I just mentioned that I essentially had a guess.
I was just suggesting that it might have been premature to make an assumption about his forthcoming insight. But now that he's revealed what it is, it's a moot point.
27 Oct 11
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Originally posted by sh76I am lower class. My income is so low I have not had to pay an income tax in years. I can manage this because I own my modest home and there is no mortgage. I am also very conservative with my money.
Okay. So most of us consider ourselves basically in the middle class.
Both political parties are constantly harping on helping the middle class. The right accuses the left of only caring about the poor and not the "middle class" and the left accuses the right of only caring about the rich and not the "middle class."
So, isn't all of this political rhetori the middle class tantamount to the "class warfare" we all (or most) profess to despise?
Yes, both parties are always saying they want to help the middle class. I've never heard the right accuse the left of only caring about the lower class though. I never hear democrats saying they want to help the lower class. As you correctly pointed out, both parties are always harping on helping the middle class.
Both parties seem to be keeping the upper class happy at the expense of the rest. I never hear either party say they want to help the lower class. Does that mean the lower class does not need the help?
The lower middle class is being pushed into the upper lower class (did I term those right?) so there is no preserving of the middle class at this time, so it is hogwash. The middle class does carry a lot of the tax burden though, so they need help there and the tax proposals lately will not help in that area that I've noticed.
27 Oct 11
Originally posted by sh76If the right accuses the left of only caring about the poor, it doesn't mean they're correct. I would say that the left cares about both the poor and the middle class. It is true, though, that the right only cares about the rich. The Republican party is a wholly owned subsidiary of Wall Street.
Okay. So most of us consider ourselves basically in the middle class.
Both political parties are constantly harping on helping the middle class. The right accuses the left of only caring about the poor and not the "middle class" and the left accuses the right of only caring about the rich and not the "middle class."
So, isn't all of this political rhetori ...[text shortened]... the middle class tantamount to the "class warfare" we all (or most) profess to despise?
27 Oct 11
Originally posted by Metal BrainIts interesting to me that you own a home with no mortgage, but still consider yourself lower class. Seems like home ownership is a little contradictory.
I am lower class. My income is so low I have not had to pay an income tax in years. I can manage this because I own my modest home and there is no mortgage. I am also very conservative with my money.
If a billionaire owns several mansions but never works, and never pays taxes I'd raise an eyebrow if he claimed to be in the lower class.
27 Oct 11
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Originally posted by Metal BrainI actually hear a lot of political initiatives aimed at helping the lower class. Say for example, attempts to cover the uninsured that can't afford to pay. Or the attempts to cover illegal immigrant workers with education for their children.
Both parties seem to be keeping the upper class happy at the expense of the rest. I never hear either party say they want to help the lower class. Does that mean the lower class does not need the help?
The lower middle class is being pushed into the upper lower class (did I term those right?)
28 Oct 11
Originally posted by WoodPushIt is all about income, but I see your point.
Its interesting to me that you own a home with no mortgage, but still consider yourself lower class. Seems like home ownership is a little contradictory.
If a billionaire owns several mansions but never works, and never pays taxes I'd raise an eyebrow if he claimed to be in the lower class.
I also own 40 acres of land. I do have asset equity.