Comments on: Middle Class Feeling The Financial Squeeze

Study: More Middle-Class Americans Say They Aren't Better Off Than They Were 5 Years Ago

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by candy-apple April 10, 2008 1:32 PM EDT

jjarden

No problem.
I am feeling a little sarcastic this morning.
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by jjarden April 10, 2008 1:25 PM EDT
candy-apple,

I thought you were refering to my post, when I suggested "Studying," but I was wrong...SORRY.

jjarden
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by jjarden April 10, 2008 1:19 PM EDT
candy-apple,

The "Studying" is not to know that you are already feeling the Pinch...It''s to know WHY it''s happening...and that takes studying, and reading, and KNOWING what is going on in the country and the world. Otherwise, you will be ignorant of the WHY. You make already THINK you know the WHY, but you don''t. It''s fairly complicated, and it has to do with Economics...Psychology...Political & Moral Philosophy...History...etc.

You were just Born with all this knowledge already?
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by candy-apple April 10, 2008 1:11 PM EDT
Who needs a study to tell us that the middle class are feeling a pinch in their pockets? The middle class already know that. Talk about a waste of time and money!!
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by jjarden April 10, 2008 1:09 PM EDT
It''s OVER Folks...The American "Dream" is DEAD, and it ain''t coming back. The world has changed, and America has changed with it. The only direction now is DOWN. Sorry...It''s Reality. Study and learn what is going out there. There are plenty of books and articles on the subject by the experts who study this stuff...Historians...Social Scientists...Economists...etc. The American people think that things are going to turn around and America is going to get back to it''s former "Greatness" as an economic powerhouse. They think that Obama, or Hillary, or Mcain are going to "SAVE" us all. It ain''t gonna happen. As the Asian countries increase their standard of living, the American standard of living is in decline.

It''s OVER...Get used to it...and just focus on your Health, Family, Friends, Intellect(Collect Good Books and READ...READ...READ! and ), and go Cold-Turkey and give up on this MORONIC POP CULTURE. Do Not participate in it...Do Not pay attention to it. Also, set up a "Rally Point" with your family & friends...in other words, a PLACE where you will all meet (preferably in the mountains and forests) if the $hit hits the fan and anarchy or terroist activity becomes intolerable to remain where you are living. Things are going to get real bad. Prepare yourselves.
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by estuardo40 April 10, 2008 1:02 PM EDT
The answer isn''t who is sitting in the White House, but who sits on each board of every major corporation. It''s sad when a 90+k income isn''t enough to save for your children''s college, and still be able to save for retirement!
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by antoniof123 April 10, 2008 12:44 PM EDT
It is funny but no one learns from history. They just keep repeating the mistakes.

The Roman Empire, the French revolution, the Bolsivik revolution, and the wheel keeps turning and most people belive the rich until they have nothing left to lose.

But there are stil those that hold on to the old ways and it keeps coming back to haunt us.
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by singingrick April 10, 2008 12:42 PM EDT


Don''t worry America. Bush and the RNC are going to send you a nice flag lapel pen in the mail.


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by singingrick April 10, 2008 12:40 PM EDT


mudrose

Where do you think the money will come from to pay off the 9 trillion dollar debt and the other 3 trillion we are estimated to spend in Iraq?

Aren''t Bush''s tax cuts and deficit spending are just a deferred tax increase with interest? Right now we borrow the money just to pay the interest on all this debt.








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by ianlou April 10, 2008 12:39 PM EDT
If you are middle class and still afloat financially, here''s my advice for staying afloat:
1. Buy lots of tools and learn how to fix your own belongings.
2. Never buy anything new if you can buy it used, if you need dependable transportation, buy two very used cars so you have a spare while you are fixing the other one. No car payments and "crash and Burn Insurance" can save you a ton.
3. Never use a credit card, need credit? buy a house that costs less than you can afford and create sweat equity by fixing it up, use home equity at 6% for credit when needed and make sure the balance goes to zero periodically.
4. Realize that if something is still working after many years, it is well made and worth owning, old quality is much better than new crapp.
5. Make it your goal that by 60 the only bills you have are utilities and property taxes.
6. Take satisfaction in knowing that, as a middle class American, not spending money and not running up your credit is about the only affective way you have to say "Scrrew You" to Corporate America and their bed buddies; the Federal Government.
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by lambofgoth April 10, 2008 12:21 PM EDT
If you voted for him... either time... you have no right to complain.
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by mudrose-2009 April 10, 2008 11:44 AM EDT
Well by the time the Democratic Congress gets through with the American people, we will be paying our mortgages and the mortgages of the slugs that couldn''t afford a house and bought into shaddy deals. The Bush tax cuts will be rolled back which will upgrade the AMT (Alternative Minimum Tax) to capture 25% of the middle class. It will be the biggest tax increase since WWII. Woopie! They will tax and spend, tax and spend, and then say it was all BUSH''s fault. And the little lackeys on the left will sit there and say YEAH, he did it.
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by bgwinnett April 10, 2008 11:35 AM EDT
America is going the way of the Roman Empire...greed and arrogance.

Game Over!

Posted by truthspeake2 at 07:29 AM

You couldn''''t be more right. I fear it is true but the only answer is voting for these three idiots? GULP! We''''re in for it now.

Posted by maxify55 at 08:26 AM : Apr 10, 2008

No one can stop it. The die has already been cast.
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by truth-hurts April 10, 2008 11:34 AM EDT
Not only did Obama NOT leave Trinity Church, but in 2005 & 2006 he gave them $27,500.
NY Times 3-26-08
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by prinzowhales April 10, 2008 11:22 AM EDT
Until the ''middle class''--that part of the working class that fancies itself a cut above--face the reality that a class war is being waged against them by the Oligarchy and stop voting for the Demopublican internationalists, things will only get worse!
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by prinzowhales April 10, 2008 11:18 AM EDT
Perhaps the ''middle class'' can put the kids to work like the poor do in other Third World countries so they can pay for Big Oil''s increased profits...Heaven, knows, we wouldn''t want them to vote the Demopublicans out and stand up like free men and destroy the Oligarchy...No, that would be "inappropriate"....

DOWN WITH THE DEMOPUBLICAN REGIME!! TROOPS HOME NOW!!
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by sumarongi April 10, 2008 10:55 AM EDT
As long as the rich can afford to go to Serendipity III in New York and buy their thousand dollar ice cream sundaes, served with leaf and flake gold garnishes and an 18k gold take home spoon, they will continue to disregard the plight of the majority of people in this country. Then they complain about the taxes they mostly don''t pay. Talk about brazen disregard of the hands that feed them.
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by bgwinnett April 10, 2008 10:54 AM EDT
Thats because they are the ones employing the illegal immigrants. That is their answer to their perfect economic world.

Posted by navpro at 07:46 AM : Apr 10, 2008

So true. More immigrants = GDP boost(but no GDP per capita boost, Which makes everyone better off),and lower real wage growth to help keep a lid on inflation.I expect an acceleration immigration in future.Both parties will allow it to try and maintain the illusion of a growing economy.
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by Gary Kempf April 10, 2008 10:46 AM EDT
It has been demonstrated, by various administrations and both political parties, that when the wealthy run the establishment... they have little need to ensure the advancement of those "below" them.


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Posted by NAUcoming4U

Thats because they are the ones employing the illegal immigrants. That is their answer to their perfect economic world.
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by naucoming4u April 10, 2008 10:43 AM EDT
Well, I must go for now...

...but for all of us middle class folk reading this now, I will paraphrase Edward R. Murrow by saying:

Good day, and good luck!
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