The Head Of A Household Of Four Making Minimum Wage Has More Disposable Income Than A Family Making $60,000 A Year

MrLick · 22-11-2010, 02:13 PM

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Quote:
Tonight's stunning financial piece de resistance comes from Wyatt Emerich of The Cleveland Current. In what is sure to inspire some serious ire among all those who once believed Ronald Reagan that it was the USSR that was the "Evil Empire", Emmerich analyzes disposable income and economic benefits among several key income classes and comes to the stunning (and verifiable) conclusion that "a one-parent family of three making $14,500 a year (minimum wage) has more disposable income than a family making $60,000 a year." And that excludes benefits from Supplemental Security Income disability checks. America is now a country which punishes those middle-class people who not only try to work hard, but avoid scamming the system. Not surprisingly, it is not only the richest and most audacious thieves that prosper - it is also the penny scammers at the very bottom of the economic ladder that rip off the middle class each and every day, courtesy of the world's most generous entitlement system. Perhaps if Reagan were alive today, he would wish to modify the object of his once legendary remark.

http://www.zerohedge.com/article/ent...ome-family-mak

the_gloaming09 · 22-11-2010, 04:15 PM

Well something in that picture just does not seem right.

That's what I find sucks for the middle class is that the rich can afford whatever they want, but the poor are so poor that the government helps them out, not to mention there are people who have jobs off the books yet still collect government checks.

Lore · 22-11-2010, 06:21 PM

that happens in every country

middle class people here is too rich to get help but too poor to afford things such as university education if they have more than 2 or 3 kids.

the_gloaming09 · 22-11-2010, 06:42 PM

I know... I just get really annoyed when people feed off the system.

22-11-2010, 02:13 PM	#1
MrLick Lemon World Join Date: Nov 2003 Posts: 26,039 My Mood: Location: Spokane. Gender: Country: Chat posts: 0 Thanks given: 65 Thanked 57 Times in 23 Posts	The Head Of A Household Of Four Making Minimum Wage Has More Disposable Income Than A Family Making $60,000 A Year : Quote: Tonight's stunning financial piece de resistance comes from Wyatt Emerich of The Cleveland Current. In what is sure to inspire some serious ire among all those who once believed Ronald Reagan that it was the USSR that was the "Evil Empire", Emmerich analyzes disposable income and economic benefits among several key income classes and comes to the stunning (and verifiable) conclusion that "a one-parent family of three making $14,500 a year (minimum wage) has more disposable income than a family making $60,000 a year." And that excludes benefits from Supplemental Security Income disability checks. America is now a country which punishes those middle-class people who not only try to work hard, but avoid scamming the system. Not surprisingly, it is not only the richest and most audacious thieves that prosper - it is also the penny scammers at the very bottom of the economic ladder that rip off the middle class each and every day, courtesy of the world's most generous entitlement system. Perhaps if Reagan were alive today, he would wish to modify the object of his once legendary remark. http://www.zerohedge.com/article/ent...ome-family-mak __________________ Even after all this time, the Sun never says to the Earth: "You owe me". Look at what happens with a love like that. It lights the whole sky.

22-11-2010, 04:15 PM	#2
the_gloaming09 Feral Join Date: Mar 2008 Posts: 11,936 My Mood: Location: NY Gender: Country: Chat posts: 0 Thanks given: 40 Thanked 38 Times in 26 Posts	Well something in that picture just does not seem right. That's what I find sucks for the middle class is that the rich can afford whatever they want, but the poor are so poor that the government helps them out, not to mention there are people who have jobs off the books yet still collect government checks. __________________ I'm not yours. You're not mine. That's just fine. Please. Don't. Judge. My Blog Facebook Twitter

22-11-2010, 06:42 PM	#4
the_gloaming09 Feral Join Date: Mar 2008 Posts: 11,936 My Mood: Location: NY Gender: Country: Chat posts: 0 Thanks given: 40 Thanked 38 Times in 26 Posts	I know... I just get really annoyed when people feed off the system. __________________ I'm not yours. You're not mine. That's just fine. Please. Don't. Judge. My Blog Facebook Twitter

22-11-2010, 06:21 PM	#3
Lore Coldplayer Join Date: Feb 2005 Posts: 53,460 My Mood: Gender: Country: Chat posts: 0 Thanks given: 8 Thanked 31 Times in 28 Posts	that happens in every country middle class people here is too rich to get help but too poor to afford things such as university education if they have more than 2 or 3 kids.