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The Myth of a Stagnant
Middle Class
Wall Street Journal, by Donald Boudreaux and Mark Perry
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Original Article
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Posted By:Desert Fox, 1/23/2013 9:31:17 PM
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A favorite "progressive" trope is that America´s middle class has stagnated economically since the 1970s. One version of this claim, made by Robert Reich, President Clinton´s labor secretary, is typical: "After three decades of flat wages during which almost all the gains of growth have gone to the very top," he wrote in 2010, "the middle class no longer has the buying power to keep the economy going." This trope is spectacularly wrong. It is true enough that, when adjusted for inflation using the Consumer Price Index, the average hourly wage of nonsupervisory workers in America has
Headline corrected by Staff.
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Reply 1 - Posted by:
truthfetish, 1/23/2013 10:12:02 PM (No. 9135459)
Full title is "The Myth of a Stagnant *Middle Class*"
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Reply 2 - Posted by:
KTWO, 1/23/2013 10:29:18 PM (No. 9135478)
This article is about definitions and how quality has improved. It is useful but not very important at the moment.
It is the size of the middle class that counts. What is the trend?
By definition those in the middle class you are probably doing OK. Maybe not great, but OK.
Yet many in that MC sense they won´t be there too much longer. They stare into the abyss and see a life on the dole.
And many, many young people see that when they exit college or even high school they cannot, and may never, get the job they need to be MC.
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Below, you will find ...
Most Recent Articles posted by "Desert Fox"
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "Desert Fox"
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Dangerous Times: When
Paranoids Do Politics
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American Thinker, by James Lewis and Justine Aristea
Original Article
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Posted By: Desert Fox- 4/6/2013 6:33:39 AM
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In 1927, Jozef Stalin summoned the Russian neurologist Bekhterev to give a medical examination of the dictator. Later that day, Bekhterev returned to a medical meeting and told colleagues, "I have just examined a paranoiac with a short, dry hand." Stalin´s left arm was shorter and weaker than the other. The following day, Bekhterev was poisoned and died. He was killed for calling Stalin a "paranoiac." He did not mention Stalin by name, but his medical colleagues knew exactly whom he was talking about. Writing in European Neurology, the historian Juerg
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That Pesky Constitution
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American Thinker, by Ellen Meade
Original Article
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Posted By: Desert Fox- 4/6/2013 6:24:35 AM
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Is the Constitution becoming the left´s new target? That thought struck me the other night over dinner with my liberal friend, a lawyer and part-time professor. Among his choice statements, "Maybe it´s time to get rid of the Constitution and start over." No doubt he was echoing the sentiments of Georgetown law professor, Louis Michael Seidman, who suggested just that in a New York Times op-ed. It´s been several weeks since Seidman made his remarks, and now, it appears, the floodgates are open. Liberals feel they can speak freely about their true intentions for our country.
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Closing the White
House as Mental Abuse
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American Thinker, by Deborah C. Tyler
Original Article
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Posted By: Desert Fox- 4/6/2013 6:18:44 AM
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For the first time in my adult life, I am not proud of the First Lady. Mrs. Obama is frequently compared to Marie Antoinette. She spends hundreds of millions of dollars a year on her own pleasure and aggrandizement while urging the peasants to plant gardens. And for the first time in American history, we have a president who insults us across the world, disavows the idea that American is special, enriches our enemies such as the Muslim Brotherhood, and degrades our achievements ("You didn´t build that."). Metaracism instilled in the Obamas the tragedy of ingratitude.
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Barack XVI and Michelle Antoinette
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American Thinker, by Richard Butrick
Original Article
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Posted By: Desert Fox- 4/6/2013 6:11:53 AM
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Obama now reigns over Versailles on the Potomac. And America´s taxpayers are the vassals who bankroll the opulence of King Louis-Barack and Michelle Antoinette." Deroy Murdock (Hoover Institute, Scripts Howard) nails it in his National Review article. King Louis-Barack and his family really know how to share your pain. The "we´re all in this together" seer of America´s hope and change takes our bucks and we keep the change. "Let them eat lentils" is Michelle Antoinette´s airy solution to her growing food-stamp constituency (is M-Antoinette embarrassed at the girth of her loyal cohort?).
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TheHill.com Attacks 13-Year-Old
Alex, Caller Who Said He´d Debunked
the Global Warming Hoax
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Rushlimbaugh.com, by Rush Limbaugh
Original Article
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Posted By: Desert Fox- 4/6/2013 6:09:16 AM
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RUSH: I want to go back to a sound bite that we played on this program on Wednesday. It was the third hour of the Today show on NBC, and it is the cohost Willie Geist, the cohost Natalie Morales, and the meteorologist Al Roker, and they are talking about a new poll from Public Policy Polling, and it was the poll that released the details on what people think are conspiracies, like 4% of the American people think that lizard people are running the world, and 13% think that the Trilateral Commission is. It was a
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Obama Budget to Cap Retirement
Accounts at $3 Million
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Breitbart´s Big Government, by Tony Lee
Original Article
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Posted By: Desert Fox- 4/5/2013 9:40:39 PM
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The budget President Barack Obama will submit on April 10 will contain a proposal that would prohibit individuals from accumulating more than $3 million in Individual Retirement Accounts (IRAs) and tax-preferred retirement accounts. According to a White House statement, the Obama administration believes the current rules allow some wealthy individuals "to accumulate many millions of dollars in these accounts, substantially more than is needed to fund reasonable levels of retirement saving." "The budget would limit an individual’s total balance across tax-preferred accounts to an amount sufficient to finance an annuity of not more than $205,000 per
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Making Work Not Pay
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Wall Street Journal, by Editorial
Original Article
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Posted By: Desert Fox- 4/5/2013 7:44:19 PM
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The lousy March jobs report jolted financial markets Friday, and understandably so. In a trend that has defined this weakest of all modern economic recoveries, the jobless rate keeps falling but largely because the labor force keeps shrinking. The unemployment rate fell to a new four-year low of 7.6%, from 7.7% in February. Good news, except the main reason for the decline was that nearly half a million Americans (496,000) left the civilian labor force. They retired, quit working, went back to school or gave up looking for work. The economy created a net 88,000 new jobs
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W.H. ´would not be surprised´
if North Korea launches missile
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Politico, by Donovan Slack
Original Article
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Posted By: Desert Fox- 4/5/2013 7:28:13 PM
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White House press secretary Jay Carney said Friday that the administration wouldn´t be surprised if North Korea followed through on threats to launch a missile. "We´ve obviously seen the reports that North Korea may be making preparations to launch a missile. We´re monitoring this situation closely, and we would not be surprised to see them take such an action," Carney said during a press briefing. "We have seen them launch missiles in the past and the United Nations Security Council has repeatedly condemned them as violations of the North’s obligations under numerous Security Council resolutions,
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Rewrite the Second Amendment
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New York Times, by ZACHARY ELKINS
Original Article
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Posted By: Desert Fox- 4/5/2013 7:18:22 PM
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THE elementary-school shootings in Newtown, Conn., in December produced two polar public reactions: fear among some Americans that the federal government will restrict gun rights, and hope among others that it will actually do so. Colorado, New York State and, most recently, Connecticut have clamped down on guns, while states like Texas, where I live, are considering legislation that would try to block the enforcement of federal gun regulations. The uncertain approach to guns is good for no one, except perhaps for gunmakers, whose sales have skyrocketed. Lost in this confusion and anxiety is the possibility
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Connecticut shop that sold a gun to Sandy
Hook school shooter´s mother Nancy Lanza
loses its federal firearms license
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Daily Mail (U.K.), by Staff
Original Article
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Posted By: Desert Fox- 4/5/2013 7:12:51 PM
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A Connecticut shop that sold a gun to the Newtown school shooter´s mother has lost its federal firearms license. The Bureau of Alcohol, Tobacco, Firearms and Explosives revoked the license of Riverview Gun Sales in East Windsor, about 15 miles north of Hartford, on December 20, and the 60-day time frame to appeal has expired. The agency didn´t disclose why it revoked the license. ´It´s been revoked. It´s final at this point,´ is all ATF spokeswoman Deb Seifert would tell reporters. It was first reported Thursday by The Journal News of White Plains, N.Y.
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Austerity Is Not to Blame
for Tepid Job Growth
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Investor´s Business Daily, by Editorial
Original Article
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Posted By: Desert Fox- 4/5/2013 7:03:20 PM
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Politics: Democrats were quick to blame the anemic March jobs number on the "sequester" spending cuts. If that were the case, what explains the previous four years of lousy job growth under Obama? At 88,000, the jobs growth in March was well below expectations. And while the unemployment rate dropped, that was the result of hundreds of thousands dropping out of the labor force who as a result aren´t counted as unemployed. Democrats, of course, tried to pin the blame for this on Republicans for allegedly pushing austerity measures. White House economic adviser Alan Krueger complained
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NASA Global Warming Extremist
Hansen Leaves To Fight
Canadian Pipeline
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Investor´s Business Daily, by Editorial
Original Article
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Posted By: Desert Fox- 4/5/2013 6:56:50 PM
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Climate Change: The man who once compared coal trains to Nazi boxcars headed to crematoria leaves government service to fight what he calls the "pipeline to disaster" and promote his brand of climate quackery. In 2007, Dr. James Hansen testified before the Iowa Utilities Board not in his capacity as a government employee but, in his words, "as a private citizen, a resident of Kintnersville, Pa., on behalf of the planet, of life on Earth, including all species." Hansen told the board, "If we cannot stop the building of more coal-fired power plants, those coal trains
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Most Active Articles (last 48 hours)
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We Are Living in
a Dying Country
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Rushlimbaugh.com, by Rush Limbaugh
Original Article
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Posted By: Desert Fox- 4/5/2013 4:53:10 PM
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RUSH: Folks, I don´t know how else to categorize this. We are living in a dying country. I don´t know how else to categorize what´s happening -- 88,000 new jobs. The unemployment rate, because of a terrible statistic, is down to 7.6%. The number of people in this country who are not working is shameful. Ninety million Americans are no longer in the workforce. Ninety million. People not in the labor force grew by 663,000, and now 90 million. That´s the labor force participation rate. This is 1979 levels.
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Why Obama´s ´Best-Looking Attorney
General´ Comment Was a Gaffe
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The Atlantic, by Garance Franke-Ruta
Original Article
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Posted By: Oblio- 4/6/2013 6:51:15 AM
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President Obama´s biggest gaffe yesterday when speaking of California Attorney General Kamala Harris was not in flirtatiously complimenting her as "the best-looking attorney general," but in introducing an observation from the system of beauty into a forum that was about the system of power.What´s that, you say? Irin Carmon does a great job in Salon in laying out the bounds of propriety for when it´s appropriate to talk about a woman´s looks as a general matter. But I´ve long felt we lack a solid theoretical underpinning for easily discussing these issues, and why precisely it is that
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´My bangs are getting
a little irritating´: Michelle
Obama admits she already regrets
her high-maintenance hairdo
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Daily Mail (UK), by Margot Peppers
Original Article
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Posted By: pineledger- 4/7/2013 7:43:42 AM
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Michelle Obama has admitted that she is already tired of the bangs she first sported in January. The First Lady said in an interview with Entertainment Tonight: ´Bangs are a day-by-day proposition. They´re starting to grow out, get a little irritating.´ Still, she hasn´t let her hairdo woes get her down. ´It´s okay,´ she said after her initial complaint. ´We´ll be good.´ The first indication that her hairstyle was becoming a burden came about last weekend, when Malia, 14, was spotted adjusting her mother´s hair during the White House Easter Egg Roll.
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Hillary Clinton Would Not
´Clear the Field´ for 2016
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New Republic, by Tod Lindberg
Original Article
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Posted By: StormCnter- 4/6/2013 5:22:36 AM
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No one is more preoccupied these days with Hillary Clinton´s 2016 plans than the Beltway political class—not even the former presidential candidate herself. To hear some tell it, her decision will be dispositive for all other Democrats thinking of entering the race. And pundits and reporters aren´t the only ones positing the "The Hillary Factor": No less than the House Democratic whip, Steny Hoyer, told BuzzFeed, “I don´t know that anybody would run against Hillary…. If she runs, she clears the field.” It´s an understandable conclusion, given Clinton´s stature in the Democratic Party and her 70 percent
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Obama critic apologizes for
his ´poorly chosen words´
on gay marriage
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The Hill [Washington DC], by Alexandra Jaffe
Original Article
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Posted By: JoniTx- 4/6/2013 12:18:19 PM
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Neurosurgeon Ben Carson, considered by some to be a potential Republican contender for president, apologized to Johns Hopkins University for the "poorly chosen words" he used in expressing his opposition to gay marriage last month.“I am sorry for any embarrassment this has caused,” Carson said in the letter, reported in New York Magazine.(Snip) "Although I do believe marriage is between a man and a woman, there are much less offensive ways to make that point. I hope all will look at a lifetime of service over some poorly chosen words.” Carson will remain as commencement speaker at Johns Hopkins,
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Hillary Clinton: The clock is turning
back for women in America
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Washington Examiner, by Charlie Spiering
Original Article
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Posted By: Desert Fox- 4/5/2013 3:25:20 PM
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Former Secretary of State Hillary Clinton explained to the Women in the World summit in New York today that the clock is turning back for women in America. Clinton praised her own mother for helping empower her to success and marveled at the opportunities that her own daughter Chelsea has pursued. But Clinton warned that there is still so much to do to promote women´s rights in America. "As I look at all these young women that I am privileged to work with, or know through Chelsea, and its hard to imagine turning the clock on them," Clinton said.
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White House Blames Jobs
Numbers on Sequester
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Breitbart´s Big Government, by Wynton Hall
Original Article
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Posted By: Dreadnought- 4/5/2013 8:02:58 PM
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The Obama White House is scrambling to blame Friday’s abysmal March jobs numbers on the sequester’s trimming of the rate of growth in federal budgets that have yet to fully commence. After the Labor Department announced that a mass exodus of 663,000 workers left the U.S. workforce last month and that job creation fell 112,000 jobs short of projections, Obama’s top economic adviser Alan B. Krueger, took to the White House blog to blame the sequester: It is important to bear in mind that the March household and payroll surveys are the first monthly surveys to look
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Mother Of Slain Benghazi
Officer To Sean Hannity:
‘They Want Me To Shut Up’
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Mediaite, by A.J. Delgado
Original Article
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Posted By: StormCnter- 4/7/2013 5:00:16 AM
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On Friday, Sean Hannity brought Pat Smith, mother of the late Sean Smith, on his radio program. The 34-year-old information management officer was one of four Americans murdered in the Benghazi embassy attack on September 11, 2012. In the chilling interview, a distraught Ms. Smith, in tears, pleaded for answers and spoke of the efforts to silence her. Ms. Smith first relayed how her son, prior to the attack, requested additional security in advance and warned the State Department: He did tell them, ahead of time, he typed it into his little typewriter over there,
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Trayvon Martin´s parents
settle wrongful death claim
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Orlando Sentinel, by Rene Stutzman
Original Article
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Posted By: Desert Fox- 4/5/2013 3:15:25 PM
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SANFORD - Trayvon Martin´s parents have settled a wrongful death claim for an amount believed to be more than $1 million against the homeowners association of the Sanford subdivision where their teenage son was killed. Their attorney, Benjamin Crump, filed that paperwork at the Seminole County Courthouse, a portion of which was made public today. In the five pages of the settlement that were available for public review, the settlement amount had been marked out. Lower in the agreement, the parties specified that they would keep that amount confidential. When asked during an earlier interview whether the amount was
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Beyonce, Jay-Z celebrate 5th
anniversary in Havana, Cuba
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Los Angeles Times, by Nardine Saad
Original Article
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Posted By: Fiesta del sol- 4/6/2013 8:20:04 AM
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Beyonce and Jay-Z celebrated their fifth wedding anniversary in Cuba this week. The couple, who married on April 4, 2008, took in the sights of Old Havana, visited a school, dined on a rooftop terrace and strolled the fan-filled streets in their island best.(snip).The power couple declined to answer journalists´ questions about their visit to the island nation, but some outlets are reporting that the moguls are there as tourists, though that would be illegal because of the half-century embargo the U.S. has on the Communist country. However, the Miami Herald said Washington has issued special licenses for
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Obama Budget to Cap Retirement
Accounts at $3 Million
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Breitbart´s Big Government, by Tony Lee
Original Article
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Posted By: Desert Fox- 4/5/2013 9:40:39 PM
Post Reply
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The budget President Barack Obama will submit on April 10 will contain a proposal that would prohibit individuals from accumulating more than $3 million in Individual Retirement Accounts (IRAs) and tax-preferred retirement accounts. According to a White House statement, the Obama administration believes the current rules allow some wealthy individuals "to accumulate many millions of dollars in these accounts, substantially more than is needed to fund reasonable levels of retirement saving." "The budget would limit an individual’s total balance across tax-preferred accounts to an amount sufficient to finance an annuity of not more than $205,000 per
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