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2005-05-18 Home Front: Economy

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Posted by Zhang Fei 2005-05-18 11:15|| || Front Page|| [3 views since 2007-05-07] Top

#1 Blah, blah. I've been hearing this same matra since the 70's. The average square footage of homes is 100% greater than the 70's and more people own homes, our GDP is greater, our per capita income is more, our disposable incomes have never been higher, education is costly but easy to get with student loans (that is how I got mine combined with army money)and jobs are more plentiful now than ever. Unless the world blows up, I can't see this trend being permenately disruped.

Posted by mmurray821 2005-05-18 11:50|| 2005-05-18 11:50|| Front Page Top

#2 I have noticed that I have a lot more body hair in the wrong places than I did in the '70s.

Curse those evil rich people !

Posted by Carl in N.H. 2005-05-18 15:54|| 2005-05-18 15:54|| Front Page Top

#3 Some of the biggest whiners are my leftist neighbors who already have $500k homes and whose kids 'only' have $300k homes. Oddly, while whining about how tough it is for working people, they also whine about how materialistic everyone else it.

Posted by mhw 2005-05-18 16:17|| 2005-05-18 16:17|| Front Page Top

#4 But median income among families in which neither spouse worked ($27,130 in 2003), was just 1.4% higher than in 1987.

To the barricades!

Posted by Shipman 2005-05-18 16:40|| 2005-05-18 16:40|| Front Page Top

#5 mhw: Some of the biggest whiners are my leftist neighbors who already have $500k homes and whose kids 'only' have $300k homes.

Uncle Sam promises a better future for those with the ability and the work ethic of their parents. He doesn't promise a better future for the children of lawyers who become checkout clerks. The common thread of the NYT and WSJ articles is that an upper-middle class life ought to be hereditary. The hypocrisy here is that these same papers always editorialize on the news pages that inheritance taxes ought not be abolished.

Posted by Zhang Fei">Zhang Fei 2005-05-18 16:45|| http://timurileng.blogspot.com]">[http://timurileng.blogspot.com] 2005-05-18 16:45|| Front Page Top

#6 Look at the bright side: thirty years ago, it was mostly rich white guys who got lambasted. Now nearly anyone can be labeled a 'rich bastard' regardless of skin color. It's an improvement...

Posted by Pappy 2005-05-18 20:30|| 2005-05-18 20:30|| Front Page Top

#7 even Jesse Jackson's lovechild can be called a Rich Bastard....cuz he is?

Posted by Frank G">Frank G 2005-05-18 21:58|| 2005-05-18 21:58|| Front Page Top

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