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Middle-Class Areas Shrink as Income Gap Grows, New Report Finds
New York Times ^
| 11/15/2011
| Sabrina Tavernise
Posted on 11/17/2011 8:54:15 AM PST by dragnet2
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There is no doubt the American middle class is being beaten like a drum...To add insult to injury, the insiders and well connected had no problem bailing out the wealthy and big biz to the tune of trillions, all while seizing millions of home from the struggling middle class.
1
posted on
11/17/2011 8:54:17 AM PST
by
dragnet2
To: All
The Germantown area of Philadelphia was formerly considered solidly middle class but is now mostly low income. "Everything started going down in the dumps," a longtime resident said.
2
posted on
11/17/2011 8:54:48 AM PST
by
dragnet2
(Diversion and evasion are tools of deceit)
To: dragnet2
"lived in neighborhoods the study defined as middle-income, "
now all we need is what the study defines as middle income neighborhoods.... definately a slanted at best story...
3
posted on
11/17/2011 8:58:22 AM PST
by
joe fonebone
(Project Gunwalker, this will make watergate look like the warm up band......)
To: dragnet2
The Obama Marxist regime’s plan has worked. Obama has not failed! Folks, Obama is evil and he has to be defeated. So stop your damned bickering and get to work! Obama and his media and union minions must be sent packing!
4
posted on
11/17/2011 8:59:12 AM PST
by
Jukeman
To: joe fonebone
definately a slanted at best story You deny millions of the middle class lost their jobs, careers, investments, businesses etc., all while their homes were seized by the banks, while the insiders and wealthy supported bailing about big biz and Wall Street to the tune of multiple trillions?
You deny this?
5
posted on
11/17/2011 9:03:39 AM PST
by
dragnet2
(Diversion and evasion are tools of deceit)
To: dragnet2
This is impossible. 48 percent of Americans pay no taxes! I guess those of us who do pay the taxes are considered Middle Class now.
To: dragnet2
Somehow the shrinking middle class isn’t a problem if only the wealthier were shrinking too, then it’d fine and dandy.
lol.
Of course if its rich leftists who are losing wealth, the NY Times would be calling for bailing them out.
7
posted on
11/17/2011 9:06:16 AM PST
by
GeronL
(The Right to Life came before the Right to Happiness)
To: dragnet2
This ‘income gap’ meme is bollocks.
Income equality is available today...in Cuba.
We should seek activity (rising tide etc.) not some artificially-induced parity.
I know it’s the NYT but enough is enough.
8
posted on
11/17/2011 9:07:46 AM PST
by
relictele
(Unions: organized crime with better PR)
To: dragnet2
and what evil bailed them out? Government. But this newspaper LOVES government.
9
posted on
11/17/2011 9:07:58 AM PST
by
GeronL
(The Right to Life came before the Right to Happiness)
To: relictele
Income equality is available today...in Cuba.No it isn't....Fidel and Raul are two of the richest men in the world.
10
posted on
11/17/2011 9:08:40 AM PST
by
dfwgator
(I stand with Herman Cain.)
To: napscoordinator
This is impossible. 48 percent of Americans pay no taxes! If you own a home, you pay big taxes...
11
posted on
11/17/2011 9:09:10 AM PST
by
dragnet2
(Diversion and evasion are tools of deceit)
To: dragnet2
No doubt that the middle class is under pressure, but...
I suspect that if your read through the data, you will see that this study is focused on what were formerly big city middle class neighborhoods, going back to 1970.
This is less about income inequality than it is about the decline of industrial cities and a migration of their working populations away and out to the ‘burbs. It is a function of the changes in the economy away from heavy manufacturing toward a service and information-based economy.
12
posted on
11/17/2011 9:14:19 AM PST
by
SargeK
To: GeronL
You deny millions of the middle class lost their jobs, careers, investments, businesses etc., all while their homes were seized by the banks, while the insiders and wealthy supported bailing about big biz and Wall Street to the tune of multiple trillions?
You deny this?
and what evil bailed them out? Government.
Agree, but the insiders running the fat corps, banks and Wall Street are all riding in the government limo.
13
posted on
11/17/2011 9:16:25 AM PST
by
dragnet2
(Diversion and evasion are tools of deceit)
To: SargeK
No doubt that the middle class is under pressure No, it's not under pressure, it's being decimated.
14
posted on
11/17/2011 9:17:47 AM PST
by
dragnet2
(Diversion and evasion are tools of deceit)
To: relictele
Feel free to answer #5, as the other poster it was directed at, chose not to.
15
posted on
11/17/2011 9:21:15 AM PST
by
dragnet2
(Diversion and evasion are tools of deceit)
To: dragnet2; All
No, it's not under pressure, it's being decimated. WELL WORTH REPEATING
16
posted on
11/17/2011 9:41:10 AM PST
by
Moleman
To: dragnet2
"You deny this?"
Until I know the data upon which this story is based.....yes...I am not denying the situation here, I am denying the story based upon the fact the data used is not included with it... much like saying the rich should pay more taxes... first, define rich....
17
posted on
11/17/2011 9:50:24 AM PST
by
joe fonebone
(Project Gunwalker, this will make watergate look like the warm up band......)
To: dragnet2
Unlike some who spend their entire days here, I am at work, and cannot immediately answer you... I have done so...take your alinsky tactics elsewhere pal...
18
posted on
11/17/2011 9:52:40 AM PST
by
joe fonebone
(Project Gunwalker, this will make watergate look like the warm up band......)
To: dfwgator
I regret that the irony of my post was not clear...the socialist utopia that OWS and others desire will always result in the kind of setup that exists in Cuba as well as old Iron Curtain nations.
OWS are, of course, terminally irony-free so they will never see the futility and hypocrisy of their objectives.
19
posted on
11/17/2011 9:57:08 AM PST
by
relictele
(Unions: organized crime with better PR)
To: dragnet2
Hardly surprising since more Americans have decided to sell their souls to go on socialist government assistance rather than improve their skill set to increase their income. I’m rather tired of paying for it.
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