Current Topics
Charolottesville
by Spag-hetti
Today at 04:39 AM
NASA to Stop a Doomsday Supervolcano by Stealing its Heat
by Spag-hetti
Today at 04:19 AM
Trump Forum
by pondering_it_all
Today at 12:49 AM
No Longer Felony: Oregon Makes Possession Of Heroin, Cocaine, Meth misdemeanor
by pondering_it_all
Today at 12:40 AM
10 Plans Hitler Would Have Put In Motion If The Nazis Had Won
by Spag-hetti
Yesterday at 11:44 PM
Round Table for August 2017
by pondering_it_all
08/21/17 11:10 PM
The Passing Parade: Obituaries: 2017
by Golem
08/21/17 06:56 PM
The 27th Day
by Golem
08/21/17 03:58 PM
Washington's farewell address
by NW Ponderer
08/20/17 06:08 PM
USC mascot under scrutiny for having name similar to Robert E. Lee's horse
by pondering_it_all
08/20/17 01:52 AM
Cultural iconography
by pondering_it_all
08/20/17 01:28 AM
Hyde: Is Stanton the legit HR king if he hits 62? Even he wonders | Commentary
by Golem
08/18/17 07:00 PM
Trump resurrects tall tale about General Pershing and Muslims after Barcelona te
by jgw
08/18/17 06:51 PM
OJ Simpson Pop-Up Museum To Open In Chinatown
by Golem
08/18/17 04:09 PM
CONFIRMED: 2016 was Earth's hottest year in the record books
by pondering_it_all
08/18/17 01:40 AM
Forum Stats
6241 Members
57 Forums
16018 Topics
276239 Posts

Max Online: 282 @ 05/29/08 05:08 AM
Google Adsense
Topic Options
#301748 - 06/18/17 03:57 PM The Hoarding of the American Dream
NW Ponderer Offline
Moderator
Carpal Tunnel

Registered: 09/09/11
Posts: 15381
The Hoarding of the American Dream. While I don't agree with all of the author's conclusions, he makes a valid point about "wealth advantage." Those that has, gets. Unlike him, though, I don't think economics is a zero-sum game.

I am one that has hovered on the edge of the top quintile for most of my career. I'm not rich, but comfortable. I live in the same modest house I've lived in for nearly 30 years (but never missed a payment). I drive low-end cars for 10+ years (but can buy new, for cash). As I've matured, my income has transitioned from wages to fixed-plus-investments. I've retired early, but don't really "scrimp." I provided college for both my children with only a few outstanding loans (although earned that through the GI Bill).

I've always supported higher taxes even when that is to my disadvantage. I "invest" in local public institutions - PBS, NPR, zoos, museums. The ACLU, Human Rights Campaign, Planned Parenthood, UNCF, Red Cross, and my alma maters count on me for modest, but regular, contributions. I was active in PTA and school support activities for my local schools. I buy locally as much as I can.

I don't think I'm an aberation. I think I'm a patriotic American.
_________________________
A well reasoned argument is like a diamond: impervious to corruption and crystal clear - and infinitely rarer.

Here, as elsewhere, people are outraged at what feels like a rigged game -- an economy that won't respond, a democracy that won't listen, and a financial sector that holds all the cards. - Robert Reich

Top
#301778 - 06/19/17 03:34 PM Re: The Hoarding of the American Dream [Re: NW Ponderer]
NW Ponderer Offline
Moderator
Carpal Tunnel

Registered: 09/09/11
Posts: 15381
<bumpity-bump-bump>
_________________________
A well reasoned argument is like a diamond: impervious to corruption and crystal clear - and infinitely rarer.

Here, as elsewhere, people are outraged at what feels like a rigged game -- an economy that won't respond, a democracy that won't listen, and a financial sector that holds all the cards. - Robert Reich

Top

Who's Online
0 registered (), 22 Guests and 1 Spider online.
Key: Admin, Global Mod, Mod
Newest Members
Albertpkr, kechua, burkha, bikrami, inekifoh
6241 Registered Users
A2