Jimmy. The great white hunter.
Posted on 10/08/2013 8:47:35 AM PDT by CharlesThe Hammer
OAKLAND, Calif. (AP) -- Former President Jimmy Carter said Monday that the income gap in the United States has increased to the point where members of the middle class resemble the Americans who lived in poverty when he occupied the White House.
Carter offered his assessment of the nation's economic challenges Monday at a Habitat for Humanity construction site in Oakland - the first of five cities he and wife Rosalynn plan to visit this week to commemorate their three-decade alliance with the international nonprofit that promotes and builds affordable housing.
The recent economic downturn revealed that families living in even comparatively well-off, but expensive regions like the San Francisco Bay Area are economically insecure, he said.
(Excerpt) Read more at hosted.ap.org ...
Jimmy. The great white hunter.
The interest here in N.J. went as high as 22% during Carters four year run to oblivion.
Middle class did this one to themselves by converting to the religion of Materialism. The Rapture of Materialism is ruin and it is here.
Misery index as of August 2013 is 8.82
Last year Jimmy Peanut was in office 21.98 June 1980
FYI:
The misery index was initiated by economist Arthur Okun, an adviser to President Lyndon Johnson in the 1960’s. It is simply the unemployment rate added to the inflation rate. It is assumed that both a higher rate of unemployment and a worsening of inflation both create economic and social costs for a country. A combination of rising inflation and more people out of work implies a deterioration in economic performance and a rise in the misery index.
I move the name be changed to the Obama index. do I hear a second???
He isn’t right! He has lost it! Todays “poor” have phones, big screens, cable, newer cars than a lot of us, plenty of food, shelter. There are some destitute, but many because of choice.
He has NEVER EVER been right. He hasn't lost it. He can't. He NEVER HAD it to loose. . . . .
What you are describing is an economy that is the natural result of the policies instituted by those persons that are “concerned” about the wealth gap. When they show that “concern” they are really empowering themselves to become part of the elite rulers.....
I’ll stick with Margaret Thatchers response to the marxists:
http://www.youtube.com/watch?v=BnOGaQX04Cs
It’s little wonder why they game the inflation rate and unemployment. I’d wager if we used the 1979 standards, wed be near equal in terms of misery. The whole Fed spending spree is so people don’t realize how bad things are. They learned where they erred last time and they’ll be damned if they allow another Reagan to come along and toss them out from rightful rule as Lords over America.
The Middle Class were poverty stricken during his administration with high inflation, high interest rates, and high unemployment.
Mortgage rates today are at 4.5%. In his day 21%.
An average home today costs a total of $1,200 including payment, interest, taxes, and insurance. In Peanut head’s administration with their high mortgage rates that would be $3,300.
That’s right. Today we pay $1,200 but under Carter it would have been $3,300.
The same is true from 1976.
Your genius is not living up to your screen name.
The “right” reference is not to the supposed “poor,” but to the middle class. Obama is quite successfully redistributing the fruits of industrious middle class productivity to his beloved underclass. You are essentially saying the very same thing:
“Todays “poor” have phones, big screens, cable, newer cars than a lot of us, plenty of food, shelter. There are some destitute, but many because of choice.”
Marx’s term for middle class was “bourgeoisie.” You’re so right about his hatred for this group. Yet, he spent his life in living a middle class existence, mostly financed by the father of his ideological partner, Friedrich Engels.
What does he know about the middle class anyway???
Good point.
Today’s middle class is largely one pink slip from being lower class. There is next to zero economic security for the middle class, which is a significant difference from the 1970s. Perhaps more important, there is no longer any social mobility or hope for a better economy in the future.
We are in a 1930s economy right now, perhaps worse. There’s no honest metric that you can look at that doesn’t agree.
Communists, Socilists, Elites always do.
Their goal is 2 classes. Themselves (The Aristocracy) and one class under them. Easier to control.
Their tactic is to force the middle class to give their hard-earned money to the poor via Gov't coercion in order to equalize all those under them.
Work to get ahead? Not in their disgusting "utopia".
Yes - it’s called “Marxism”.
And Marxism’s biggest defenders in 2013 are the middle class.
“And Marxism’s biggest defenders in 2013 are the middle class.”
This is a a dubious claim. I would contend that Marxist rhetoric and dogma are emitting from the governmental and media elites. These flawed notions are embraced by “low information voters”, some of whom are indeed middle class as you claim, but many are also part of a massive and expanding “underclass.”
There is still a gigantic number of working Americans who are small business owners, entrpreneurs, professionals, and blue collar employees who want no part of Marxism in any form. Don’t tar them all with that tag.
Most of the people I argue politics with in my day to day affairs are members of the middle class (and I live in a red state.)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.