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HughBeaumont
HughBeaumont's Journal
HughBeaumont's Journal
October 12, 2014
http://blog.cleveland.com/letters/2014/10/middle_class_lives_better_than.html
And from my city, no less. Classic.
It's like he's living in an imagined world where the American middle/working/poor classes are just living SO high off the hog and economic opportunity is in abundance and job security has never been better and we're with the jet set in Dubai and . ... luxuries like cellphones for kids abound . . .. because reasons.
His sentence about yachts and golf courses .. . . . . yeah, anyone got a google map to that point?
. .. . Of course, if you read the comments, I responded in kind.
Dumb letters to the PD Dept: "You guys have it WAAAAAY BETTER!!"
http://blog.cleveland.com/letters/2014/10/middle_class_lives_better_than.html
Liberal economist Paul Krugman is chief spokesman for the "income inequality" crowd. In his column "Ostentation, your ship has come in thanks to changed economic times" (Forum, Sept. 28), he presses his theme that the super-rich have fattened up at the expense of the middle class. But he disproves his own thesis by harking back to the 1950's, when, he says, because of higher taxes, tycoons had more modest lifestyles than today's nabobs.
The fact is the middle class lives infinitely better today than in the 50's, even though that was a decade of unprecedented prosperity. I was there. If my father, who died in 1959, could come back, he would be astounded by our houses - mile after mile of homes that only rich people would have dreamed of then; our cars - an SUV and sedan in most garages; our restaurants; our vacations, summer cottages, winter homes and RVs; our clothing - one child's clothes would fill all the closets in our old house; our school-age children walking around with smart phones and so on.
Krugman highlights yachts. Have you seen a yacht in any of the Lake Erie marinas? I haven't, but thousands of pleasure craft. What plutocrats own those? What about golf courses?
Sure, he could give you statistics that incomes have stagnated, but what would you expect when the labor force has increased by the entry of so many women?
If our way of life is threatened, it is not because of income inequality, but because the next generation may think they have a constitutional right to start the day with a $4 cup of coffee.
John Duffy,
Avon Lake
The fact is the middle class lives infinitely better today than in the 50's, even though that was a decade of unprecedented prosperity. I was there. If my father, who died in 1959, could come back, he would be astounded by our houses - mile after mile of homes that only rich people would have dreamed of then; our cars - an SUV and sedan in most garages; our restaurants; our vacations, summer cottages, winter homes and RVs; our clothing - one child's clothes would fill all the closets in our old house; our school-age children walking around with smart phones and so on.
Krugman highlights yachts. Have you seen a yacht in any of the Lake Erie marinas? I haven't, but thousands of pleasure craft. What plutocrats own those? What about golf courses?
Sure, he could give you statistics that incomes have stagnated, but what would you expect when the labor force has increased by the entry of so many women?
If our way of life is threatened, it is not because of income inequality, but because the next generation may think they have a constitutional right to start the day with a $4 cup of coffee.
John Duffy,
Avon Lake
And from my city, no less. Classic.
It's like he's living in an imagined world where the American middle/working/poor classes are just living SO high off the hog and economic opportunity is in abundance and job security has never been better and we're with the jet set in Dubai and . ... luxuries like cellphones for kids abound . . .. because reasons.
His sentence about yachts and golf courses .. . . . . yeah, anyone got a google map to that point?
. .. . Of course, if you read the comments, I responded in kind.
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Member since: Fri Aug 13, 2004, 03:12 PMNumber of posts: 24,461