Re: [OT] Now David Brookes is talking

Author: Nicholas Geti

Posted: 2012-02-25 at 23:08:19

Here is another thought.

When I was a child (70 yrs ago) the husband was the wage earner and the wife

stayed home to cook and mind the kids. Most families lived from paycheck to

paycheck and did not save much if anything. During World War II women had to

work in the factories because the men were at war. After the war, women

continued working to add to their families income and seek a better life.

Guess what happened? Because of the additional spending money prices rose to

absorb the difference. Also families had to hire care givers to help raise

the kids. Government kept borrowing more and more adding to the inflation.

So the net result that by the latter end of the 20th century both husband

and wives were working and living paycheck to paycheck. Nothing had changed

except that families were more stressed than every.

Now we are in the next generation. College kids are moving back in with

their parents. It now takes husbands, wives, and children living in the same

unit to survive. The stress level is higher than ever. Wages will never rise

high enough for young people now adays to afford their own homes in the next

ten years. As long as the government keeps borrowing amounts equal to our

GNP this problem will only get worse.

I just saw a blurb today on MSN that apartment rentals are rising fast due

to tight supply. There were too many houses build during the mortgage bubble

and not enough apartments. It will be tough on this new generation.

----- Original Message -----

From: "Ricardo Araoz" <ricaraoz@gmail.com>

To: "ProFox Email List" <profox@leafe.com>

Sent: Saturday, February 25, 2012 6:27 AM

Subject: Re: [OT] Now David Brookes is talking

El 24/02/12 17:40, Stephen Russell escribió:

> On Fri, Feb 24, 2012 at 1:41 PM, Michael Madigan <mmadi10699@yahoo.com>

> wrote:

>> Half of Americans don't pay any Federal income tax

> ----------------

>

> I have heard this chant a lot lately but I don't find enough

> supporting documentation for it.

>

> Some sites say that is the # 47% and I can find in some reports that

> same value. Only the value is just part of the entire picture that is

> not represented at all.

>

> 47% of the taxpayer class "Single" are not paying tax. Reasons sited

> were 1. Jobless, 2. Senior Citizen / elderly, 3. Students

>

> The other class was married with filing married or filing jointly.

>

> Past Fox news, or CBS, are there real facts to drive this probable

> fiction? I am sure there is a lot of bias in this news.

>

Well actually, I can assure you that 100% of the taxpayer class are

paying taxes.

...

..

.

Don't need any data, just by definition ;c)

[excessive quoting removed by server]

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©2012 Nicholas Geti