CHECK your "privilege"...peer into proverty

21 Mar 2022 08:24 #1 by homeagain
www.washingtonpost.com/nation/2022/03/20...GBuJ7DnGDYc-JAeBglp4

MIDDLE CLASS,what is that? THIS sad saga is more common than u think....unsettling,ugly and utter despair....it took me along time to "sit" with the discomfort of this story.

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21 Mar 2022 08:56 #2 by Rick
On our current trajectory, this story will likely be the most common, and it's tragic.

Look to the people who stand to gain the most from a shrinking middle class and a growing poor and dependent class. It's not very hard to figure out if you look at all the angles and you also have a good grasp of world history where this has happened before.

I'm not sure if I understand your use of the word "privilege", because this process of destroying the middle class will spare nobody but those at the top of the food chain.... skin color or gender will not save you from what is happening and what is coming.

The left is angry because they are now being judged by the content of their character and not by the color of their skin.

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21 Mar 2022 09:31 #3 by FredHayek
This isn't data, it is an anecdote. House prices continue to rise, why? Because people can afford to buy them. Sure there are always people who wind up at the bottom, that is America. Many more of the Middle Class is rising up into the Upper Middle Class. Interest rates are still low despite record inflation. And senior citizens in America today have most of the wealth. They will start transferring it to their children and grandchildren.

Thomas Sowell: There are no solutions, just trade-offs.

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21 Mar 2022 10:21 #4 by Rick
We've been though tough inflation before, but the country was different back then and we were not anywhere close to 130% of debt to GDP. We didn't have our enemies siding with each other in ways that will devalue our currency. We also didn't have a party in power that believes printing trillions of dollars and injecting it into the economy will somehow reverse inflation.

Everything happening right now is a bigger threat to the middle class than anything we've seen in recent history. Every story is anecdotal unless stories just like it starting multiplying exponentially.

The left is angry because they are now being judged by the content of their character and not by the color of their skin.

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22 Mar 2022 08:34 #5 by homeagain

Rick wrote: On our current trajectory, this story will likely be the most common, and it's tragic.

Look to the people who stand to gain the most from a shrinking middle class and a growing poor and dependent class. It's not very hard to figure out if you look at all the angles and you also have a good grasp of world history where this has happened before.

I'm not sure if I understand your use of the word "privilege", because this process of destroying the middle class will spare nobody but those at the top of the food chain.... skin color or gender will not save you from what is happening and what is coming.


When I was a child/teenager in Alaska...we were poor,BUT we had a car and a garden and "enough"....seeing our life in hindsight,we were far more fortunate then the family in the article.

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22 Mar 2022 11:03 #6 by Rick
I don’t think your being better off than another poor family would be considered privileged. Privileged would mean you had special rights or that you were immune from being even more poor.

The story you posted is sad but there are billions of people around the world who have it worse. Someone in China being used as slave labor may think that family you posted were very privileged, which of course would not be correct.

The left is angry because they are now being judged by the content of their character and not by the color of their skin.

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23 Mar 2022 06:18 #7 by FredHayek
With Ukraine food shipments to the Middle East being blocked, could we see another Arab Spring? Will Egypt's radical Islamic parties overthrow the US installed government? President Biden might have even more problems to deal with if more people start starving.

Thomas Sowell: There are no solutions, just trade-offs.

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