Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (115226)	1/3/2016 12:56:06 AM
From: Elroy Jetson	Read Replies (2) \| Respond to of 217567

Almost everyone felt like they were growing up Middle Class in the 1970s in America, whether in New York like you did, or in California as I did, or elsewhere. Then Ronald Reagan greatly reduced income tax rates on the wealthiest Americans and increased payroll taxes on working Americans. It's hardly surprising this change in who got taxed resulted in huge income disparities over the next 36 years. Reagan used a very simple recipe to destroy America's Middle Class. The really sad part is Trump wants to introduce more of the same, reducing income tax rates for those making more than $400k annually from 39% down to 25% — and you're already signed-up as a supporter!? What's wrong with you? Of course you''ll be able to complain about the worsened budget deficit under Trump and whinge on about how badly we need to eliminate Medicare and Social Security benefits for the elderly.

To: John Vosilla who wrote (115226)	1/3/2016 2:30:48 PM
From: GPS Info	Read Replies (1) \| Respond to of 217567

I felt like most everyone in NYC growing up was working class in the 1970's. EJ: Almost everyone felt like they were growing up Middle Class in the 1970s in America, whether in New York like you did, or in California as I did, or elsewhere. Same here: I got to drive a used car when I went to college in the 1970s. A friend who I absolutely considered upper-middle class with professional parents had to walk or bike, or ask for a ride. I sometimes think that we started to see how far down the scale the middle class was when they aired the "Lifestyles of the Rich and Famous" with Robin Leach. The show ran from 1984 to 1995. Before that we didn't know any better.<g> en.wikipedia.org