Dollar Falls to Record Low, what's next ration cards???

[LSN]

No I do not see a difference in saying:

"The shrinking middle class is considered poor because of the fucked up economy"

and

"The middle class is now the poor"



can you please explain the difference as you see it?

No no no no no..."the shrinking middle class is considered poor..." is STILL not an accurate statement...you dumb fukk...the shrinking middle class is STILL considered the middle class dumb ass...stop trying to say the middle class is poor...it's an incorrect statement...and you are just running your mouth on rhetoric and emotion...maybe times are tough for you who knows...but you are arguing a stupid point now just for the sake of it...

 

[divine]

No no no no no..."the shrinking middle class is considered poor" is STILL not an accurate statement...you dumb fukk...the shrinking middle class is STILL considered the middle class dumb ass...stop trying to say the middle class is poor...it's an incorrect statement...and you are just running your mouth on rhetoric and emotion...maybe times are tough for you who knows...but you are arguing a stupid point now just for the sake of it...

http://www.washingtonpost.com/wp-dyn/content/article/2006/06/21/AR2006062101735.html

U.S. Losing Its Middle-Class Neighborhoods
From 1970 to 2000, Metro Areas Showed Widening Gap Between Rich, Poor Sections
By Blaine Harden
Washington Post Staff Writer
Thursday, June 22, 2006; Page A03

INDIANAPOLIS -- Middle-class neighborhoods, long regarded as incubators for the American dream, are losing ground in cities across the country, shrinking at more than twice the rate of the middle class itself.

In their place, poor and rich neighborhoods are both on the rise, as cities and suburbs have become increasingly segregated by income, according to a Brookings Institution study released Thursday.

 

[LSN]

http://www.nypost.com/seven/0403200...ty_middle_class_regionalnews_tom_topousis.htm



Where is yours???

Here is a link from the Daily News...huge difference in the numbers stated by The Post...this article is more recent too...

http://www.nydailynews.com/opinions...call_an_ambulance__our_middle_class_is_b.html

 

[LSN]

Is the middle-class shrinking? Yes...no argument here...I just posted an article that supports that...but to make a base statement that the middle-class has now become the poor is far from fact..."forgive" me for not writing off the middle-class and believing things can turn around...

http://www.washingtonpost.com/wp-dyn/content/article/2006/06/21/AR2006062101735.html

U.S. Losing Its Middle-Class Neighborhoods
From 1970 to 2000, Metro Areas Showed Widening Gap Between Rich, Poor Sections
By Blaine Harden
Washington Post Staff Writer
Thursday, June 22, 2006; Page A03

INDIANAPOLIS -- Middle-class neighborhoods, long regarded as incubators for the American dream, are losing ground in cities across the country, shrinking at more than twice the rate of the middle class itself.

In their place, poor and rich neighborhoods are both on the rise, as cities and suburbs have become increasingly segregated by income, according to a Brookings Institution study released Thursday.

 

[water]

Here is a link from the Daily News...huge difference in the numbers stated by The Post...this article is more recent too...

http://www.nydailynews.com/opinions...call_an_ambulance__our_middle_class_is_b.html

This is based on an opinion not a survey





Don't give up though...........

 

[divine]

I asked this before and you refused to answer.

If the middle class is shrinking (meaning the number of people who are considered middle class), where are they going? a) Are they dying, b) becoming what is considered poor, or c) getting rich?

Is the middle-class shrinking? Yes...no argument here...I just posted an article that supports that...but to make a base statement that the middle-class has now become the poor is far from fact..."forgive" me for not writing off the middle-class and believing things can turn around...

 

[LSN]

I asked this before and you refused to answer.

If the middle class is shrinking (meaning the number of people who are considered middle class), where are they going? a) Are they dying, b) becoming what is considered poor, or c) getting rich?

http://www.washingtonpost.com/wp-dyn/content/article/2006/06/21/AR2006062101735.html

Good article btw...hope you read it...it's a far cry from your Chicken George antics...btw this article focuses more about shrinking middle-class neighborhoods moreso than status but you should get the drift more or less...

The Brookings study says that much more research is needed to better understand why middle-income neighborhoods are vanishing faster than middle-income families. But it speculates that a sorting-out process is underway in the nation's suburbs and inner cities, with many previously middle-income neighborhoods now tipping rich or poor.

 

[LSN]

This is based on an opinion not a survey





Don't give up though...........

Are you a fukkin clown bro...? The numbers are not a fukkin opinion what's an opinion is his argument that the middle class is "bleeding"...you guys are a fukkin joke...!

 

[water]

Here is a link from the Daily News...huge difference in the numbers stated by The Post...this article is more recent too...

http://www.nydailynews.com/opinions...call_an_ambulance__our_middle_class_is_b.html

The brother writing the article says:

Middle-class families - notably, households with annual incomes between $40,000 and $60,000



40k-60k = 3300/mth to 5000/mth before taxes.

Now imagine paying federal taxes, state taxes & city taxes on 40-60K.

Then medicare, social security.

Rent is 1200 for a 1 br.

Utilities, car pymt.


So 3300/mth
minus $351 (fed tax)
minus NY 6.85% state tax ($227)
minus NYC city tax (for 2007, the City personal income tax rates range from 2.907 percent to 3.648 percent) ($100)
minus health insurance inc dental $400

minus rent of 1200
minus car pymt & insurance $400
minus utilities of $100

3300-
351-
227-
100-
400-
1200-
400-
100
= bal $522/mth

i.e. approx $100 per week not counting food.


This does not take into consideration things such as 401K for retirement nor child costs as it is based on a single and not family situation.



That is not middle class.

 

[divine]

Utilities $100? shiiiiiet

I pay no less than $150 just for electricity, then I have to pay water and gas.

I know you are just "guesstimating"...but if you add some real numbers to those estimates, it looks even worse.

And you didnt even include gas in that car, oil changes, or other expenses that come up...

minus utilities of $100

 

[water]

Are you a fukkin clown bro...? The numbers are not a fukkin opinion what's an opinion is his argument that the middle class is "bleeding"...you guys are a fukkin joke...!

Can you source where his numbers came from????


His is giving an analysis of a report, his opinion is the middle income is 40-60K.


I sourced the report he is using.


Funny he manipulated the numbers and you fell for it.

Will you take back that shit you typed and be a man?



It says:


The patterns of mobility by income group are surprisingly
complex.

Controlling for other relevant variables,
moderate-income ($40,000 to $59,999 annual income)
and high-income households ($140,000 to $249,999
annual income) were found to be most likely to leave the
city, while middle-income ($60,000 to $139,999) and
wealthy households ($250,000 and above) were found
least likely to leave.
Low-income households (under $40,000) have average exit rates.


Page 4.
http://www.comptroller.nyc.gov/bureaus/bud/econnotes-pdf/Vol-xv-3-sep07.pdf

 

[BDR]

Are you a fukkin clown bro...? The numbers are not a fukkin opinion what's an opinion is his argument that the middle class is "bleeding"...you guys are a fukkin joke...!

Now you see what I was talking about

 

[water]

Now you see what I was talking about

Now I see why you are a cop.........

 

[TENT]

35k in nyc is poor.
fuck what you heard.

you might think you living comfortable but you are playing yourself.

bigirl is right. you really staying home if you make 35k.
eating noodles and shit.

 

[BDR]

Now I see why you are a cop.........

And what is that suppose to mean you clown? the moment your bitch ass is in trouble who you calling? shut the hell up.

 

[BDR]

35k in nyc is poor.
fuck what you heard.

you might think you living comfortable but you are playing yourself.

bigirl is right. you really staying home if you make 35k.
eating noodles and shit.

35k single, no kids and living on your own? not saying its rich living but you ain't struggling that is for damn sure also depends how you manage the finances

 

[bigirl]

This is so beyond pathetic. A teacher and a cop ruin a whole thread arguing false semantics just so they can cling to their little middle class label

 

[divine]

pretty much sums it up....

This is so beyond pathetic. A teacher and a cop ruin a whole thread arguing false semantics just so they can cling to their little middle class label

 

[BDR]

This is so beyond pathetic. A teacher and a cop ruin a whole thread arguing false semantics just so they can cling to their little middle class label

Yeah and you are a man posting as a bitch. The only pathetic person is you with your grand fair tales and lying expenditures.

 

[BDR]

pretty much sums it up....

SIMP, damn nigga are you that desparate you wanting pussy from a fake chic who happens to be a dude? You fags on bgol stick together don't you.

 

[bigirl]

 

[divine]

dont u have some donuts to eat, pig?

SIMP, damn nigga are you that desparate you wanting pussy from a fake chic who happens to be a dude? You fags on bgol stick together don't you.

 

[MegaDell]

The brother writing the article says:

Middle-class families - notably, households with annual incomes between $40,000 and $60,000



40k-60k = 3300/mth to 5000/mth before taxes.

Now imagine paying federal taxes, state taxes & city taxes on 40-60K.

Then medicare, social security.

Rent is 1200 for a 1 br.

Utilities, car pymt.


So 3300/mth
minus $351 (fed tax)
minus NY 6.85% state tax ($227)
minus NYC city tax (for 2007, the City personal income tax rates range from 2.907 percent to 3.648 percent) ($100)
minus health insurance inc dental $400

minus rent of 1200
minus car pymt & insurance $400
minus utilities of $100

3300-
351-
227-
100-
400-
1200-
400-
100
= bal $522/mth

i.e. approx $100 per week not counting food.


This does not take into consideration things such as 401K for retirement nor child costs as it is based on a single and not family situation.



That is not middle class.

Utilities are just 100? What about cable? Water? Gas? Phone? Cell phone. Internet, etc, etc.

 

[LSN]

This is so beyond pathetic. A teacher and a cop ruin a whole thread arguing false semantics just so they can cling to their little middle class label

I never said I was middle class...I am not...even at the height of my career I wasn't making 50K in NYC...so your "point" is absolutely moot...

 

[water]

Utilities are just 100? What about cable? Water? Gas? Phone? Cell phone. Internet, etc, etc.

I used low numbers to prove my point so you could imagine if the numbers where actually as high as they should be.

 

[water]

And what is that suppose to mean you clown? the moment your bitch ass is in trouble who you calling? shut the hell up.

SIMP, damn nigga are you that desparate you wanting pussy from a fake chic who happens to be a dude? You fags on bgol stick together don't you.

desparate?????


I'm in trouble, let me call the .................

 

[MegaDell]

What's a good part of brooklyn to live in? I wanna move there when I'm done with school.

 

[water]

What's a good part of brooklyn to live in? I wanna move there when I'm done with school.

Go live next to BeatDown, he is a cop, you will be safe.........

 

[TENT]

my dude. you must be living with some friends and they paying for you to eat

35k in nyc you living at home

if you are smart.

a rat infested hell hole starts at 1100 a month.
that is no cell phone, no car, no lunch... man please.

35k single, no kids and living on your own? not saying its rich living but you ain't struggling that is for damn sure also depends how you manage the finances

 

[bro-man]

my dude. you must be living with some friends and they paying for you to eat

35k in nyc you living at home

if you are smart.

a rat infested hell hole starts at 1100 a month.
that is no cell phone, no car, no lunch... man please.

Say that shit again...
To me, that was the stupidest part of this thread..

How in the fuck does he think you can live good on 35k in NYC..

NO savings...NO traveling...NO entertaining...check to check...hand to mouth, scraping by. That aint good to me...

You can't even do that shit in Jersey. Dude is either waaaay out of touch...or has extremely low standards.

 

[bigirl]

Say that shit again...
To me, that was the stupidest part of this thread..

How in the fuck does he think you can live good on 35k in NYC..

NO savings...NO traveling...NO entertaining...check to check...hand to mouth, scraping by. That aint good to me...

You can't even do that shit in Jersey. Dude is either waaaay out of touch...or has extremely low standards.

my point exactly

 

[BDR]

my dude. you must be living with some friends and they paying for you to eat

35k in nyc you living at home

if you are smart.

a rat infested hell hole starts at 1100 a month.
that is no cell phone, no car, no lunch... man please.

Homie I am not talking about myself let me make that clear I make way more than 35k I'm just saying those that I know making that amount whom are single living quite ok believe it nor not.

 

[BDR]

Say that shit again...
To me, that was the stupidest part of this thread..

How in the fuck does he think you can live good on 35k in NYC..

NO savings...NO traveling...NO entertaining...check to check...hand to mouth, scraping by. That aint good to me...

You can't even do that shit in Jersey. Dude is either waaaay out of touch...or has extremely low standards.

Home boy do you live in NYC? seriously? there are some spots in this city where apts still go for 800 per month if you think I'm bullshittin good parchester housing complex.

Its a reason why the city has low income housing.

 

[divine]

no one takes hat CLOWN serious. He's like Hillary Clinton, says shit just to try to remain relevant but the world can see she, errr he, is a just an idiot.

Say that shit again...
To me, that was the stupidest part of this thread..

How in the fuck does he think you can live good on 35k in NYC..

NO savings...NO traveling...NO entertaining...check to check...hand to mouth, scraping by. That aint good to me...

You can't even do that shit in Jersey. Dude is either waaaay out of touch...or has extremely low standards.

 

[BDR]

my point exactly

You still hanging around so you can latch on to niggas to make you look good? damn bitch get a fuckin back bone or better go practice your 3 way ninja technique where you claim to body niggas with 1 blow. Fuck out of here