Posts tagged ‘Middle class’

September 7, 2011

Falling Out of the Middle Class

by Vince

Ezra Klein finds an interesting study that gauges what factors contribute to men and women falling out of middle class society:

The big takeaway: Divorce and marriage matter, a lot. Education, or lack thereof, is pretty important, too. The picture gets blurrier with drug use: Men who use heroin are more likely to fall out of the middle class, but the effect is statistically insignificant for women. And crack use doesn’t make much of a difference for either gender.

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April 9, 2011

Playing Class Warfare

by Vince

I still can’t imagine any sane middle class American voting Republican in the coming years. Faith in Public Life has a piece on the hypocritical class warfare the GOP has undertaken since Madison, Wisconsin:

Conservatives are often quick to accuse progressives of engaging in “class warfare” for supposedly promoting policies that “redistribute wealth.” The charge, of course, is rich with hypocrisy. Economic inequality has reached the worst level since the Great Depression. The 400 richest Americans now have more wealth than half of all Americans combined. The number of people relying on food stamps is at a record high. If there’s class warfare, it’s the working poor and the middle class who are the casualties of an increasingly radical conservative economic agenda.

Steve Benen, also quoted in the article, is worth noting:

The agenda appears to have been pulled from a Dickens novel. Congressional Republicans, filled with self-righteous certainty about public attitudes, envisions an ambitious agenda, including the privatization of Medicare, gutting Medicaid, taking away health coverage for millions of struggling Americans, and lavishing tax breaks on millionaires and billionaires.

The GOP’s immodest goals, in other words, are to turn back the clock — not to the Bush or Reagan eras, but to a time before the Great Society and the New Deal. Republicans are working under the assumption that working families and the middle class have had it too good for too long.

March 18, 2011

Tax Breaks for the Rich vs. Budget Cuts in one graph

by Vince

Again and again, who in a sane mind believes that the GOP is out for the middle class guy? Unless by middle class you mean millionaire.

Hat tip: Good

March 11, 2011

The GOP, again, Runs Over the Middle Class

by Vince

If you have a working brain, the ability to think, and don’t make over $250,000 a year, why would you ever vote again for the Republican Party? What has unfolded in Wisconsin has shown the true colors of the party of the rich. I always believe that people may claim to be anti-racist, caring, and loving but until they are faced with tough situations (building a mosque near Ground Zero, negotiating with state unions, reconfiguring unemployment benefits/tax cuts for the rich) their true colors do not show. Those hot plate issues show where our racist, plutocratic thoughts are (or show how they are lacking / put in thoughtful check).

The GOP, as propagated on Fox News and through various syndicated writers, gives lip service care to the middle class, promising that they look out for the little guys. What their decisions say, over and over and over again, is that they defend the rich, run over the middle class, and prop up wide brush theories that all takers of unemployment benefits are lazy sloths, all teachers are greedy and picket for better compensation, and have no problem holding bad apple cases up as the final, tell all example.

December 8, 2010

Compromise and the Tax Cut Deal

by Vince

Here are a ton of reactions to the Obama tax cut deal as well as takes on it from the Republican side.

Thank you Obama for compromising on this issue and establishing a bipartisan solution. You have shown that you are man enough to put through this deal, bend backwards a bit with extending tax cuts to millionaires and billionaires, and see it as a work in progress in that requires both sides to be included. He didn’t choose to be a bitter sissy who didn’t get his way and waste the other 300 million American’s time and money as he regained his composure. Amazingly, the nihilist party of “no” made this deal happen when they could of waited a bit longer until their new Congress came in with a House majority.

On another note, I really don’t know how a normal middle class family or individual could honestly vote for these Republican fucks. They pander to the millionaires and billionaires and will only grant a permanent tax cut for the middle class if the upper class gets one first. Let’s keep in mind that permanent tax cuts for both classes are completely unrealistic and unsustainable.

December 6, 2010

The Bush Tax Cuts in One Chart

by Vince

Ezra Klein provides a short note:

The term “tax cuts for the middle class,” which Democrats like to use, has misled. As you can see from the left side of the chart, the “tax cuts for the middle class” also cut taxes on the rich. A family that makes $750,000 a year would pay lower taxes on the first $250,000 of their income. The question has never been whether only middle-class workers should get a tax cut. It’s how much income the tax cut should cover.