Americans Getting Poorer - page 5. | Bitcointalksearch.org

counter

hero member

Activity: 798

Merit: 500

Time is on our side, yes it is!

Quote from: misscointamer on September 04, 2014, 12:06:46 AM

Poorer is just to specific. Maybe life is much harder today for Americans. But poorer? Naah..

So when people don't have jobs and have kids that go to school dirty and hungry you call that lower middle class? What will you call it when things get even worse? You will only accept it is poverty when people don't have access to water? Don't you see how illogical it is to say your not poor because you live in a rich country? If my neighbor has a million dollars in the bank and I live in a cardboard box am I well off because I don't live in a poor third world country or am I just a few steps ahead of the worst on people on the planet?

misscointamer

newbie

Activity: 22

Merit: 0

Poorer is just to specific. Maybe life is much harder today for Americans. But poorer? Naah..

Timetwister

legendary

Activity: 1199

Merit: 1047

Because enough voters chose to have even more government interventionism.

redHeadBlunder

member

Activity: 81

Merit: 10

Quote from: Plank on August 30, 2014, 04:07:49 PM

Quote from: Chef Ramsay on July 26, 2014, 04:03:54 PM

The Typical Household, Now Worth a Third Less

Quote

Economic inequality in the United States has been receiving a lot of attention. But it’s not merely an issue of the rich getting richer. The typical American household has been getting poorer, too.

The inflation-adjusted net worth for the typical household was $87,992 in 2003. Ten years later, it was only $56,335, or a 36 percent decline, according to a study financed by the Russell Sage Foundation. Those are the figures for a household at the median point in the wealth distribution — the level at which there are an equal number of households whose worth is higher and lower. But during the same period, the net worth of wealthy households increased substantially.

The Russell Sage study also examined net worth at the 95th percentile. (For households at that level, 94 percent of the population had less wealth and 4 percent had more.) It found that for this well-do-do slice of the population, household net worth increased 14 percent over the same 10 years. Other research, by economists like Edward Wolff at New York University, has shown even greater gains in wealth for the richest 1 percent of households.

More...http://www.nytimes.com/2014/07/27/business/the-typical-household-now-worth-a-third-less.html
Typical class warfare lingo but yeah, things are trending down here in the home of the brave. Anecdotally, I know plenty of people living paycheck to paycheck while I stack coins for the future.

If the american people think they are getting poorer you must see the African countries for the reality check on how actually poverty looks like

The point is that the standards of living are decreasing in the US. Those poor countries in Africa are seeing their standard of living increase.

Arriemoller

legendary

Activity: 2282

Merit: 1767

Cлaвa Укpaїнi!

Quote from: Gargulan on August 20, 2014, 07:29:26 AM

Quote from: kerimk2 on August 19, 2014, 04:18:32 PM

Quote from: Gargulan on August 19, 2014, 01:37:53 AM

Quote from: Swordsoffreedom on August 18, 2014, 10:09:36 PM

Quote from: rockBTC on August 17, 2014, 07:43:34 PM

Quote from: blumangroup on August 17, 2014, 06:55:08 PM

Poor for America isn't really poor. It's just not getting what you want. At least they can get a bite of food every day and not have to worry for water.

the point of the OP is that the standard of living is falling across the US due to lower incomes.

In terms of dollar parity and purchasing power for the middle class
http://www.csmonitor.com/Business/2011/1019/A-long-steep-drop-for-Americans-standard-of-living

That said part of it depends on where you live
http://www.expatistan.com/cost-of-living/country/united-states

American still have clean air, clean water and clean environment. That is something the rest of the world have little access to.

Plus we are the freeest most bestest country evar. Merica

In a relative sense when comparing to other countries. Yes, we are still free despite all the spying and peeping tom allegations.

What countrie would that be? You are no freer than other western countries, I would argue that many western countries are actually freer.

BitCoinNutJob

legendary

Activity: 1316

Merit: 1000

Basic living standards are perhaps rising but authoritarian capitalism is perfecting itself more and more. If you are are poor right now you have very limited power in society.

Leina

full member

Activity: 152

Merit: 100

Quote from: Plank on August 30, 2014, 04:07:49 PM

Quote from: Chef Ramsay on July 26, 2014, 04:03:54 PM

The Typical Household, Now Worth a Third Less

Quote

Economic inequality in the United States has been receiving a lot of attention. But it’s not merely an issue of the rich getting richer. The typical American household has been getting poorer, too.

The inflation-adjusted net worth for the typical household was $87,992 in 2003. Ten years later, it was only $56,335, or a 36 percent decline, according to a study financed by the Russell Sage Foundation. Those are the figures for a household at the median point in the wealth distribution — the level at which there are an equal number of households whose worth is higher and lower. But during the same period, the net worth of wealthy households increased substantially.

The Russell Sage study also examined net worth at the 95th percentile. (For households at that level, 94 percent of the population had less wealth and 4 percent had more.) It found that for this well-do-do slice of the population, household net worth increased 14 percent over the same 10 years. Other research, by economists like Edward Wolff at New York University, has shown even greater gains in wealth for the richest 1 percent of households.

More...http://www.nytimes.com/2014/07/27/business/the-typical-household-now-worth-a-third-less.html
Typical class warfare lingo but yeah, things are trending down here in the home of the brave. Anecdotally, I know plenty of people living paycheck to paycheck while I stack coins for the future.

If the american people think they are getting poorer you must see the African countries for the reality check on how actually poverty looks like

The typical American are just too spoiled to think they deserve nice car and nice house without working for it.

Plank

member

Activity: 61

Merit: 10

Quote from: Chef Ramsay on July 26, 2014, 04:03:54 PM

The Typical Household, Now Worth a Third Less

Quote

Economic inequality in the United States has been receiving a lot of attention. But it’s not merely an issue of the rich getting richer. The typical American household has been getting poorer, too.

The inflation-adjusted net worth for the typical household was $87,992 in 2003. Ten years later, it was only $56,335, or a 36 percent decline, according to a study financed by the Russell Sage Foundation. Those are the figures for a household at the median point in the wealth distribution — the level at which there are an equal number of households whose worth is higher and lower. But during the same period, the net worth of wealthy households increased substantially.

The Russell Sage study also examined net worth at the 95th percentile. (For households at that level, 94 percent of the population had less wealth and 4 percent had more.) It found that for this well-do-do slice of the population, household net worth increased 14 percent over the same 10 years. Other research, by economists like Edward Wolff at New York University, has shown even greater gains in wealth for the richest 1 percent of households.

More...http://www.nytimes.com/2014/07/27/business/the-typical-household-now-worth-a-third-less.html
Typical class warfare lingo but yeah, things are trending down here in the home of the brave. Anecdotally, I know plenty of people living paycheck to paycheck while I stack coins for the future.

If the american people think they are getting poorer you must see the African countries for the reality check on how actually poverty looks like

DhaniBoy

sr. member

Activity: 280

Merit: 250

I think the US are not really poor, during the American dollar exchange rate is still good in comparison to other currencies, a poor country if you want to say, there must be other countries for comparison, if we compare with the developing countries, US rich countries can still be said, So we must first define what poverty was like ... Cry

Swordsoffreedom

legendary

Activity: 2884

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

Quote from: Gargulan on August 20, 2014, 07:29:26 AM

Quote from: kerimk2 on August 19, 2014, 04:18:32 PM

Quote from: Gargulan on August 19, 2014, 01:37:53 AM

Quote from: Swordsoffreedom on August 18, 2014, 10:09:36 PM

Quote from: rockBTC on August 17, 2014, 07:43:34 PM

Quote from: blumangroup on August 17, 2014, 06:55:08 PM

Poor for America isn't really poor. It's just not getting what you want. At least they can get a bite of food every day and not have to worry for water.

the point of the OP is that the standard of living is falling across the US due to lower incomes.

In terms of dollar parity and purchasing power for the middle class
http://www.csmonitor.com/Business/2011/1019/A-long-steep-drop-for-Americans-standard-of-living

That said part of it depends on where you live
http://www.expatistan.com/cost-of-living/country/united-states

American still have clean air, clean water and clean environment. That is something the rest of the world have little access to.

Plus we are the freeest most bestest country evar. Merica

In a relative sense when comparing to other countries. Yes, we are still free despite all the spying and peeping tom allegations.

Fair enough in the relative sense but that doesn't mean that the government well more or less the NSA doesn't spend a heck of a lot of money to keep track of what its citizens are doing.
That and 9/11 did help throw privacy out the window more or less by giving police forces old military gear etc.

But clean air clean water and a clean environment are things that are worth cherishing.

wasserman99

sr. member

Activity: 476

Merit: 250

Quote from: Chef Ramsay on August 19, 2014, 08:13:04 PM

Average Price of Ground Beef Hits All-Time High

Quote

(CNSNews.com) – The average price for all types of ground beef per pound hit its all-time high -- $3.884 per pound -- in the United States in July, according to data released today by the Bureau of Labor Statistics (BLS).

That was up from $3.880 per pound in June. A year ago, in July 2013, the average price for a pound of ground beef was $3.459 per pound. Since then, the average price for a pound of ground beef has gone up 42.1 cents--or about 12 percent.

Five years ago, in July 2009, the average price for a pound of ground beef was $2.147, according to the BLS. In those five years, the average price has climbed by $1.737 per pound--or almost 81 percent.

More...http://cnsnews.com/news/article/ali-meyer/average-price-ground-beef-hits-all-time-high

This is a core part of the American cuisine and also a good price measure of what the average family is seeing in overall food pricing that isn't measured in the govt's inflation coordinates.

Well as the price of beef increases, people will generally buy less of it and buy more of less expensive food. This is why chained CPI is a more accurate measure of inflation.

picolo

hero member

Activity: 1022

Merit: 500

With Big Government Rich Americans get richer

Swordsoffreedom

legendary

Activity: 2884

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

Quote from: Chef Ramsay on August 19, 2014, 08:13:04 PM

Average Price of Ground Beef Hits All-Time High

Quote

(CNSNews.com) – The average price for all types of ground beef per pound hit its all-time high -- $3.884 per pound -- in the United States in July, according to data released today by the Bureau of Labor Statistics (BLS).

That was up from $3.880 per pound in June. A year ago, in July 2013, the average price for a pound of ground beef was $3.459 per pound. Since then, the average price for a pound of ground beef has gone up 42.1 cents--or about 12 percent.

Five years ago, in July 2009, the average price for a pound of ground beef was $2.147, according to the BLS. In those five years, the average price has climbed by $1.737 per pound--or almost 81 percent.

More...http://cnsnews.com/news/article/ali-meyer/average-price-ground-beef-hits-all-time-high

This is a core part of the American cuisine and also a good price measure of what the average family is seeing in overall food pricing that isn't measured in the govt's inflation coordinates.

Price increases in food and similar products always make people poorer
So yep the cost of living is impacted by these type of choices of course that is when people go to alternative meats such as chicken or pork.
If those are high as well then fish so its all about how people shop around.

The ones that take the largest hit are the restaurants which then boost their prices and bring it back to the average consumer.

Gargulan

full member

Activity: 231

Merit: 100

Quote from: kerimk2 on August 19, 2014, 04:18:32 PM

Quote from: Gargulan on August 19, 2014, 01:37:53 AM

Quote from: Swordsoffreedom on August 18, 2014, 10:09:36 PM

Quote from: rockBTC on August 17, 2014, 07:43:34 PM

Quote from: blumangroup on August 17, 2014, 06:55:08 PM

Poor for America isn't really poor. It's just not getting what you want. At least they can get a bite of food every day and not have to worry for water.

the point of the OP is that the standard of living is falling across the US due to lower incomes.

In terms of dollar parity and purchasing power for the middle class
http://www.csmonitor.com/Business/2011/1019/A-long-steep-drop-for-Americans-standard-of-living

That said part of it depends on where you live
http://www.expatistan.com/cost-of-living/country/united-states

American still have clean air, clean water and clean environment. That is something the rest of the world have little access to.

Plus we are the freeest most bestest country evar. Merica

In a relative sense when comparing to other countries. Yes, we are still free despite all the spying and peeping tom allegations.

Chef Ramsay

legendary

Activity: 1568

Merit: 1001

Average Price of Ground Beef Hits All-Time High

Quote

(CNSNews.com) – The average price for all types of ground beef per pound hit its all-time high -- $3.884 per pound -- in the United States in July, according to data released today by the Bureau of Labor Statistics (BLS).

That was up from $3.880 per pound in June. A year ago, in July 2013, the average price for a pound of ground beef was $3.459 per pound. Since then, the average price for a pound of ground beef has gone up 42.1 cents--or about 12 percent.

Five years ago, in July 2009, the average price for a pound of ground beef was $2.147, according to the BLS. In those five years, the average price has climbed by $1.737 per pound--or almost 81 percent.

More...http://cnsnews.com/news/article/ali-meyer/average-price-ground-beef-hits-all-time-high

This is a core part of the American cuisine and also a good price measure of what the average family is seeing in overall food pricing that isn't measured in the govt's inflation coordinates.

kerimk2

full member

Activity: 140

Merit: 100

ACCOUNT BANNED. Email in sig!!

Quote from: Gargulan on August 19, 2014, 01:37:53 AM

Quote from: Swordsoffreedom on August 18, 2014, 10:09:36 PM

Quote from: rockBTC on August 17, 2014, 07:43:34 PM

Quote from: blumangroup on August 17, 2014, 06:55:08 PM

Poor for America isn't really poor. It's just not getting what you want. At least they can get a bite of food every day and not have to worry for water.

the point of the OP is that the standard of living is falling across the US due to lower incomes.

In terms of dollar parity and purchasing power for the middle class
http://www.csmonitor.com/Business/2011/1019/A-long-steep-drop-for-Americans-standard-of-living

That said part of it depends on where you live
http://www.expatistan.com/cost-of-living/country/united-states

American still have clean air, clean water and clean environment. That is something the rest of the world have little access to.

Plus we are the freeest most bestest country evar. Merica

Gargulan

full member

Activity: 231

Merit: 100

Quote from: Swordsoffreedom on August 18, 2014, 10:09:36 PM

Quote from: rockBTC on August 17, 2014, 07:43:34 PM

Quote from: blumangroup on August 17, 2014, 06:55:08 PM

Poor for America isn't really poor. It's just not getting what you want. At least they can get a bite of food every day and not have to worry for water.

the point of the OP is that the standard of living is falling across the US due to lower incomes.

In terms of dollar parity and purchasing power for the middle class
http://www.csmonitor.com/Business/2011/1019/A-long-steep-drop-for-Americans-standard-of-living

That said part of it depends on where you live
http://www.expatistan.com/cost-of-living/country/united-states

American still have clean air, clean water and clean environment. That is something the rest of the world have little access to.

Swordsoffreedom

legendary

Activity: 2884

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

Quote from: rockBTC on August 17, 2014, 07:43:34 PM

Quote from: blumangroup on August 17, 2014, 06:55:08 PM

Poor for America isn't really poor. It's just not getting what you want. At least they can get a bite of food every day and not have to worry for water.

the point of the OP is that the standard of living is falling across the US due to lower incomes.

In terms of dollar parity and purchasing power for the middle class
http://www.csmonitor.com/Business/2011/1019/A-long-steep-drop-for-Americans-standard-of-living

That said part of it depends on where you live
http://www.expatistan.com/cost-of-living/country/united-states

rockBTC

newbie

Activity: 56

Merit: 0

Quote from: blumangroup on August 17, 2014, 06:55:08 PM

Poor for America isn't really poor. It's just not getting what you want. At least they can get a bite of food every day and not have to worry for water.

the point of the OP is that the standard of living is falling across the US due to lower incomes.

blumangroup

sr. member

Activity: 350

Merit: 250

'Slow and steady wins the race'

Poor for America isn't really poor. It's just not getting what you want. At least they can get a bite of food every day and not have to worry for water.

Topic: Americans Getting Poorer - page 5. (Read 9022 times)