Lets assume the CPI is accurate.
phil scott
lets assume that it is.
I will over siimplify to make the point,
- we consider the plight of the average recipient,,, living at or
below the poverty line...these buy a few things, food, fuel, and
medical care. Up 15% per year or more,
but the CPI includes,,, leather shoes, jackets, plasma tee vees...
alll lower in price since those are made in chna.... **negative
inflation !.,, so that when these are combined you get 2,3% inflation
as we did in the current adjustment.
but the poor person is not buying that crap,,,, just food and fuel
etc, so they get hurt by 12,5%.in just that year alone, the next
year,,, they loose another 12 pct,,, etc, it goes totally out the
bottom,,, thats why so many retired people have to go **wiithout
sufficient food and with *no heat,
sorry... thats just how it is,
........and thats whats relevant iin regards to the poor.
you see?
Phil Scott
P. Maffia
"phil scott" <ph...@philscott.net> wrote in message
news:3b0efe56-d3d1-4664...@d27g2000prf.googlegroups.com...
> Lets assume the cPI is dead accurate for a moment, it isnt, but
> lets assume that it is.
>
> I will over siimplify to make the point,
No, you oversimplify because you don't know what you are talking about, as
usual. Therefore, all you can present is simplictic nopnsense that means
nothing except to illustrate your stupidity.
> - we consider the plight of the average recipient,,, living at or
> below the poverty line...these buy a few things, food, fuel, and
> medical care. Up 15% per year or more,>
The average person does not live at or below the proverty level.
> but the CPI includes,,, leather shoes, jackets, plasma tee vees...
> alll lower in price since those are made in chna.... **negative
> inflation !.,, so that when these are combined you get 2,3% inflation
> as we did in the current adjustment.
> but the poor person is not buying that crap,,,, just food and fuel
> etc,
So according to you, they spend all their money on those itwems and go
around naked since they have nothing left over.
Hey dolt, haven't you noticed, those who live at ther level you claim don't
pay for medical care, they get it free in this country. They also get money
from Uncle Sam in the form of what, for all intents and purposes is, a
negative incoime tax.
> so they get hurt by 12,5%.in just that year alone, the next
> year,,, they loose another 12 pct,,, etc, it goes totally out the
> bottom,,, thats why so many retired people have to go **wiithout
> sufficient food and with *no heat,
>
> sorry... thats just how it is,
The problem is that it just isn't how it is.
> ........and thats whats relevant iin regards to the poor.
> you see?
Hey, moron, if we were all millionaires, the person with the fewest millions
would still be poor. Or doesn't that reality ever cross your poor excuse for
a brain.
Oh heck, let me make you feel better for the few minutes it will take you to
read the following sentence:
Fact: The middle class is disappearing in the US.
Let's pause while you revel in that statement!
OOOOPS, To flesh out that FACT: US Households earning between $35,000 to
$75,000 - usually defined as the middle class - (in 2006 dollars) are now
make up only 33% whereas 10 years ago they were 34% of households.
We can see you salivating over those stats, with the drool dripping from
your fangs!
What is interesting about that statistic, that group earning less than
$35,000 has also shrunk from 40% down to 37%. So 3 percentage points of the
poor have moved up into the middle class which has shrunk by 1 percentage
point.
Guess where they went, moron!
The percentage of households earning more than $75,000 has grown from 26% to
30%.
So let's see, 3 percentage points of the poor moved up into the middle class
which has shrunk by 1 percentage point, meaning that 4 percentage points of
the middle class moved up into the higher class.
What that tells anyone with half a brain (which disqualifies you
automatically since you have much less than half a brain - virtually none to
speak of) is that although the poor have it hard (they always have and
always will, by definition) there are fewer and fewer of them and more and
more of the well to do.
You are a moron!!