Thoughs on the class war

More and more I hear that there are too many who are rich and they are retaining all the money while the rest of us are not getting a cut.   I’d like to open this discussion and ask people to post how they are fairing under the current economic inequity. Come on, someone play Devil’s Advocate and give it a shot!

Some thoughts on the issue-

John Stossel reported:

“The group Pew Charitable Trusts followed families from 1970 to 2000 and found that people usualy broke out of poverty. Of children who were born to the poorest fifth of Americans in 1970, more than half of them rose out of that group by the year 2000. Similarly, being born to a rich family didn’t guarantee success: 61% of the kids born to the richest fifth of Americans in 1970 were no longer in that group thirty years later. That also means that 61% of the richest fifth in 2000 came from poorer families.”

American Thinker has this:
Over the next decade, welfare spending will amount to $30,000 per person per year — $120,000 for a family of 4 per year — 56% of which (or $67,200) goes to the recipients.”
http://www.americanthinker.com/2009/11/but_what_about_the_poor.html

Leave a Reply

 

 

 

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>