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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Skywatcher who wrote (43921)9/2/2008 6:25:18 PM
From: TimF1 Recommendation  Read Replies (1) of 224713
 
You where the one who picked the 1920's not me.

As for 40 years ago, well the poorest quintile is also wealthier now than they where back then.

20? At worst the poor are not noticeably poorer, and depending on how you measure things they may be wealthier.

there is no question that the middle class is disappearing

Well your certainly right that there is no question. No need to ask a question about such a bizarre claim. Its just so obviously wrong.

the POVERTY level has increased

The poverty level is down from 1960, and in more recent years has shown no noticeable trend, moving up a bit then down a bit.

Also the income included in the calculation doesn't include non-cash benefits.

And the poverty rate is a moving target. To exceed the poverty rate you have to have a more income over time (in inflation adjusted terms) than you would have to exceed the poverty level in earlier years.
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