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Started By
Message
re: White people feeling the pangs of change
Posted on 12/21/14 at 11:21 am to baybeefeetz
Posted on 12/21/14 at 11:21 am to baybeefeetz
Every race sticks together except. WHITES
0
Posted on 12/21/14 at 11:21 am to Lakeboy7
quote:
And Palmetto is a chicken ranch, shite Barksdale has a better course.
They guy who owned it said he lost 250K of his own money keeping it afloat. What he really meant was that he spent 250K of his own money keeping it totally private.
And you're right, the course looks like a scene from Lawrence of Arabia.
Posted on 12/21/14 at 11:22 am to RogerTheShrubber
I hear ya Rog, I was hoping ballz would quantify his assertion that you are either working class or middle class, and the definitive cross over being the ability to write a check to purchase a home. 
Posted on 12/21/14 at 11:23 am to RogerTheShrubber
quote:
Median household income in the US is about $52k
Wrong way to look at it.
It's more like the massive group of people making less than say 250k (which is not that much).
Middle class is squashed between (middle) wealthy and working. Not the median class.
Posted on 12/21/14 at 11:24 am to RogerTheShrubber
Thanks for the graph. I have a question about 'income'. Does it include in kind benefits? IE, if a person is in the bottom quintile making 11K per year does that include welfare, food stamps, etc?
Posted on 12/21/14 at 11:26 am to mahdragonz
quote:
So wealthy is the top .5%, middle class is like the .5-2 or 3% and the working class and poor is essentially the rest.
Middle class is subjective, but that's a bit out there. Middle class has distributions as well and what you've described as middle class would be the upper middle class if it's middle class at all.
My family was poor working class when I was growing up in the South as many were in that day.
quote:
Plenty of smart people have taken a stab at that question. In the past few years, the "middle class" income range has been described as between $32,900 and $64,000 a year (a Pew Charitable Trusts study), between $50,800 and $122,000 (a U.S. Department of Commerce study), and between $20,600 and $102,000 (the U.S. Census Bureau's middle 60% of incomes).
Psychologist Ken Eisold, a contributor to Psychology Today, said, though, that the way people describe their social status has more to do with what's going on in their heads than their wallets.
"It's really more about identity," he said. Even families making six figures are "much more comfortable calling themselves 'upper middle class.' They might have a lot of money, but they don't want to feel different."
LINK
I'd say between 50k-185k should put you in the middle class but some of that depends on family size, location, etc.
Posted on 12/21/14 at 11:26 am to PrimeTime Money
quote:
And it's not going to change on it's own. Something has to force a dramatic change. Come up with some solutions instead of just blaming them for the problems as if it's a kids fault he didn't grow up as a success when he lived in the projects with no father, people selling drugs around him and nobody who cares.
LOL, see what I mean. Excuses still.
We were told first by FDR and then by that supreme a-hole, LBJ, that their schemes were going to solve all the problems.
Well color me shocked, they didn't solve all the problems. It should be easy to see by now, after 50+ years of throwing trillions of dollars at this problem, that money is not the problem.
It hasn't bought education, the will to succeed, or encouraged the nuclear family. In fact, it has done just the opposite. And that is all it is ever going to do if we continue down this road.
But nope, it's far too easy to blame it on whitey, or on not enough money. The results say otherwise.
One day, those who pay the tax bills in this country are going to have enough of this BS. It's past time already.
LC
Posted on 12/21/14 at 11:27 am to mahdragonz
quote:
Middle class is squashed between (middle) wealthy and working. Not the median class.
Your definition is not a typical one even according to demographers.
Posted on 12/21/14 at 11:28 am to Jbird
quote:
I hear ya Rog, I was hoping ballz would quantify his assertion that you are either working class or middle class, and the definitive cross over being the ability to write a check to purchase a home.
Yeah, I don't know what the hell is perspective is on this issue.Posted on 12/21/14 at 11:29 am to mahdragonz
quote:
Middle class is squashed between (middle) wealthy and working.
The term 'working' has no real meaning. Is Les Miles a worker? Let us say he has no investments. He simply lives off his 4M per year from his work. Is he 'working class?"
Posted on 12/21/14 at 11:29 am to Zach
quote:
Thanks for the graph. I have a question about 'income'. Does it include in kind benefits? IE, if a person is in the bottom quintile making 11K per year does that include welfare, food stamps, etc?
Good point, and I doubt it accounts for that. I'm sure benefits more than double some folks annual income.
Posted on 12/21/14 at 11:30 am to RogerTheShrubber
quote:
I'd say between 50k-185k should put you in the middle class but some of that depends on family size, location, etc.
That's what a private chef makes. That's the help.
That's not a good living when you think about it.
Posted on 12/21/14 at 11:30 am to mahdragonz
quote:
That's what a private chef makes. That's the help.
That's not a good living when you think about it.
You've got a very skewed vision of income and lifestyle in the USA
Posted on 12/21/14 at 11:31 am to RogerTheShrubber
quote:The only thing I have gleaned from his comments is he married outside his income band.
Yeah, I don't know what the hell is perspective is on this issue.
Posted on 12/21/14 at 11:32 am to baybeefeetz
What's really sad about all of this is that we had a chance in 2008 to make progress on race relations. I think that explains why so many whites voted for Obama. They thought he would take the country beyond the original sin of slavery. That he would facilitate better understanding, where each group could honestly assess its own shortcomings and make changes.
What a blown chance.
What a blown chance.
Posted on 12/21/14 at 11:32 am to LongueCarabine
I'm not saying to blame whitey or that throwing money is the solution.
Their thinking and attitudes have to change or nothing will change. And it's not like it is a completely monolithic group. You have to get individuals to change.
And how do you do that? I don't know.
Their thinking and attitudes have to change or nothing will change. And it's not like it is a completely monolithic group. You have to get individuals to change.
And how do you do that? I don't know.
Posted on 12/21/14 at 11:34 am to RogerTheShrubber
quote:
Good point, and I doubt it accounts for that. I'm sure benefits more than double some folks annual income.
I once read a fascinating study that said a single unemployed mom living in NYC with 1 child and no husband is eligible for benefits equivalent to $15 an hour based on a 40 hour work week. What job could she possibly get that replaces that amount of welfare? Choosing not to work at all makes perfect financial sense for her.
The contrary argument would be taking a $9 an hour job could be a starting point for a promotion to something higher paying. That assumes she has some ambition.
Even if she doesn't replace the welfare benefits it becomes a role model for her child... seeing mom actually get up in the morning and go to work. Something for the child to aspire to.
Posted on 12/21/14 at 11:34 am to mahdragonz
quote:$185k is not a good living?
That's what a private chef makes. That's the help. That's not a good living when you think about it.
Posted on 12/21/14 at 11:35 am to PrimeTime Money
quote:
Secondly, it's not an "excuse". It's the reason things are how they are.
Well if one studies the past and uses it for betterment, it isn't an excuse. But if one just gives up because his grandfather was discriminated against, that's an excuse.
quote:
And it's not going to change on it's own. Something has to force a dramatic change. Come up with some solutions instead of just blaming them for the problems as if it's a kids fault he didn't grow up as a success when he lived in the projects with no father, people selling drugs around him and nobody who cares.
Why do some minorities still prosper despite coming from the same background as those who fail and use it as an excuse?
This post was edited on 12/21/14 at 11:44 am
Posted on 12/21/14 at 11:35 am to redandright
quote:
What a blown chance.
That huckster never had any intention of making things better, and those who voted for him were quite willingly fooled. Useful idiots for him, useless idiots to me.
LC
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