Wehrwolfen
Banned
- Joined
- May 11, 2013
- Messages
- 2,329
- Reaction score
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- Gender
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- Political Leaning
- Conservative
Importance of the misery index aside, your source is in error and out of date. It references a blog written in 2011 and incorrectly so. The misery index is listed at roughly 13 percent , despite the fact unemployment resides at 7.6 percent and inflation less than 2. Leave it to American Thinker to muck up both chronology and math.
By Bob Campbell
July 25, 2013
In the past 30 years if you were in the top 1% economic class your inflation-adjusted incomes grew by 224%. The top 0.1% grew by 390%. In contrast, the bottom 90% struggled with only a 5% growth in incomes.[ref] Whoop-tee-do! A 5% increase over 30 years is pathetic!
The U.S. misery index (Global Wealth Distribution | The Big Picture) has reached its highest level since May, 1983. I remember the Carter years. The only thing missing today is the 18% interest rates. So how can the index be so high in the Obama years without double-digit interest rates? For starters, I remember having a job back then. Today, a lot of us don't have jobs, 50% of the population receives government checks, the population is aging, and the dollar has plummeted in value.
Wait is Wehrwolfen serious? I just spent the afternoon being told 'progressives' hate, envy and want to destroy the wealthy and now this guy claims somehow the 'socialist' Obama is enriching the top 1%??? Has this been a 30 year E-Vile plot by the liberals??? (I think he got the parties mixed-up)
So Wehrwolfen had a job back in May 1983... he was a lucky duck for sure. The unemployment rate was 10.8% at the close of 1982. States like West Virginia, Michigan, Alabama had 16-15% unemployment. In the spring of 1983 30 states had double digit unemployment, West Virginia hit 20%. Wish I knew how to wiki link.
Far more than 50% get government checks- from farmer's subsidy checks to tax refunds most of we gets checks. It is a bit of a stretch to call a SNAP card much more than a stipend. but it helps the 'conservative; whine....
I do believe Wehrwolfen has an extremely selective memory.
The US misery index ... has reached its highest level since May, 1983
Wait is Wehrwolfen serious? I just spent the afternoon being told 'progressives' hate, envy and want to destroy the wealthy and now this guy claims somehow the 'socialist' Obama is enriching the top 1%??? Has this been a 30 year E-Vile plot by the liberals??? (I think he got the parties mixed-up)
So Wehrwolfen had a job back in May 1983... he was a lucky duck for sure. The unemployment rate was 10.8% at the close of 1982. States like West Virginia, Michigan, Alabama had 16-15% unemployment. In the spring of 1983 30 states had double digit unemployment, West Virginia hit 20%. Wish I knew how to wiki link.
Far more than 50% get government checks- from farmer's subsidy checks to tax refunds most of we gets checks. It is a bit of a stretch to call a SNAP card much more than a stipend. but it helps the 'conservative; whine....
I do believe Wehrwolfen has an extremely selective memory.
Thank you for attributing Bob Campbell's OP-Ed article to me. But all I did was to partially post it here. Strange as it may seem, I was amongst the 10.8% unemployed from 1980 to 1983. I worked all sorts of jobs I could get my hands on. From moving furniture, construction, car mechanic, to working as a bouncer. But hey, I didn't go on food stamps, unemployment lines, or welfare. I did eventually become employed in full time job. But that's another story. I adapted, persevered and overcame the times.
You complain about Farmer subsidies, ever work on farm? But you accept Food Stamps, Welfare checks, Obama phones, 99 week unemployment checks, and "Pigford" payoffs.
You claim I have a selective memory? I may be a septuagenarian but I haven't lost my marbles yet. I see the world exactly as it is and it doesn't look pretty for America's future.
Thank you for attributing Bob Campbell's OP-Ed article to me. But all I did was to partially post it here. Strange as it may seem, I was amongst the 10.8% unemployed from 1980 to 1983. I worked all sorts of jobs I could get my hands on. From moving furniture, construction, car mechanic, to working as a bouncer. But hey, I didn't go on food stamps, unemployment lines, or welfare. I did eventually become employed in full time job. But that's another story. I adapted, persevered and overcame the times.
You complain about Farmer subsidies, ever work on farm? But you accept Food Stamps, Welfare checks, Obama phones, 99 week unemployment checks, and "Pigford" payoffs.
You claim I have a selective memory? I may be a septuagenarian but I haven't lost my marbles yet. I see the world exactly as it is and it doesn't look pretty for America's future.
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