Extreme dishonesty from the liberal media regarding incomes... (Page 1/3)
82-T/A [At Work] NOV 01, 11:53 PM
Among many other things, this one particular thing frustrates me more than anything. It's the Democrats constant claim that "income is stagnant" (absolutely not true), and that the Middle Class is shrinking.

This article posted the other day on MarketWatch, and it sat-up all day with no corrections until early this morning. Rex Nutting is the poster-boy on Market Watch for extremely left-leaning articles... he always has been. The two claims the Democrats have been making under the Trump administration have been:


1 - The wealth gap is increasing.
2 - The middle class is shrinking.



BOTH are correct, but not for the reasons you think.


#1 - Yes... there are poor people in the United States. But the reason why the wealth gap has increased is due to the fact that wealth has grown significantly in the United States. We've had an influx of billionaires in this country over the past 3 years, and even more so... the number of millionaires that have increased in the United States is almost exponential. Dead serious... and this is shocking... but it's true. The United States gained almost 1 million more millionaires in just 2017 alone... !!! Here's proof: https://www.cnbc.com/2018/0...onaires-in-2017.html
That number doubled in 2018, and in 2019, we have over 11.8 million millionaires in the United States: https://nypost.com/2019/03/...n-greece-has-people/
Mathematically, averages are typically determined by determining the mean between the lowest low, and the highest-high... so for Democrats, this is a misrepresentation of the numbers.


#2 - Yes... Rex is correct, the middle class is shrinking. But what he's not telling you, is WHERE those who have left the middle class have gone. This is key, because they certainly didn't fall into poverty... because that too shrunk. Those considered "in poverty" shrank from 13.5% in 2016 to 11.2% in 2018 (2019 numbers aren't out yet). Historical Poverty So where did the middle class go? They went UP!!! Here are several articles proving this:
30% of Americans too Rich to be Middle Class Now
Middle Class Shrinking, Because they're moving up!
The Shrinking Middle Class


So... you ask, why do I love this article? Because of this "FORCED CORRECTION" to Rex's article which was obviously done, not by him... it shows the intellectual dishonesty from this guy, and many of the people who are incorrectly trying to push a narrative:


"CORRECTION: This is an update to correct an error. An earlier version of this story misstated how much wealth has been gained by the bottom 50% since 2016. It’s $680 billion, not $680 million."


Here's a good chart to explain everything, simply. I'm not a huge fan of it, because it doesn't show the changes made in 2017, 2018, and soon 2019. Those changes were significant over the past three years, and these numbers in this chart have improved almost exponentially. The poor are down below 28%, and the wealthy are up above 30%, and the middle class has shrunk further.





What frustrates me the most is the fact that this isn't a misunderstanding, but an absolute... absolute outright lie.

I would very much like to hear from Ronald, and Boonie, and some of the others on here, and a show of hands if you actually knew this? Ron, I love you man, but please no long diatribes about random stuff. I just want a YES or NO. Did you know about this? I've known about this for a while, but only after seeing this article did I get my ass bit to come on here and post about it.

What I don't understand is... are Democrats this "in the dark" about this information, or are they purposely misrepresenting this information for political gain? or both???


I absolutely love it. I have to ask, if things are going so well... why the push to make things bad? What possibly could be gained by trying to destroy this and forcing a totally false narrative???

[This message has been edited by 82-T/A [At Work] (edited 11-02-2019).]

cliffw NOV 02, 08:17 AM

quote
Originally posted by 82-T/A [At Work]:
I have to ask, ...



Todd, no knocks on your thoughts of ponder but I don't care if the wealth gap is increasing. I don't care if the middle class is shrinking. I will leave that for the 'free ice cream' pushers. The same ones who claim that Woke Math Aims to Teach Seattle Kids That ‘Western’ Math Is Racist
Tony Kania NOV 02, 09:23 AM

quote
Originally posted by 82-T/A [At Work]:

...


What possibly could be gained by trying to destroy this and forcing a totally false narrative???





Donald Keech asked the same question. After his democratic diatribe against me. One of us is a business owner. The other sprays bowling shoes and never made it past the 8th grade. But what could I know?
Severe TDS. I am not a victim, nor am I anyone's ism.
Boondawg NOV 02, 11:18 AM

quote
Originally posted by Tony Kania:
I am not a victim, nor am I anyone's ism.



Nope, you are a petty little douche bag.

I've asked you time and time again to stop using my given name here.
My forum identifier here is Boondawg.
Everyone here but you & Randy seem to respect that rule.

Why don't you tell the other grown men around here why your honor wont allow you to do that, if you can.
Tony Kania NOV 02, 08:53 PM

quote
Originally posted by Boondawg:


I've asked you time and time again to stop using my given name here.
My forum identifier here is Boondawg.
Everyone here but you & Randy seem to respect that rule.
.



Donald Eugene Keech meet Tony Kania. Want a taco?
rinselberg FEB 10, 12:25 PM
I think this is right up 82-T/A [At Work]'s "alley."

Maybe he will see this and render a verdict. "Annie Lowrey is a Bullsh*t Artist." Or "Annie is a Rocket Scientist." Or "Between Truth as White and Falsehood as Black, Annie Lowrey is one of Fifty Shades of Grey."

My assessment is that I do not have the total life experience or diversified data sourcing fusion capabilities to offer a reliable verdict.

I'm kind of "recusing" myself.


The Great Affordability Crisis Breaking America
In one of the best decades the American economy has ever recorded, families were bled dry.
Annie Lowrey for The Atlantic; February 7, 2020.

quote
In the 2010s, the national unemployment rate dropped from a high of 9.9 percent to its current rate of just 3.5 percent. The economy expanded each and every year. Wages picked up for high-income workers as soon as the Great Recession ended, and picked up for lower-income workers in the second half of the decade. Americans’ confidence in the economy hit its highest point since 2000, right before the dot-com bubble burst. The headline economic numbers looked good, if not great.

But beyond the headline economic numbers, a multifarious and strangely invisible economic crisis metastasized: Let’s call it the Great Affordability Crisis. This crisis involved not just what families earned but the other half of the ledger, too—how they spent their earnings. In one of the best decades the American economy has ever recorded, families were bled dry by landlords, hospital administrators, university bursars, and child-care centers. For millions, a roaring economy felt precarious or downright terrible.



Just the first two paragraphs of a fairly brief report, as magazine-style reports go.

The link to the complete report:
https://www.theatlantic.com...king-america/606046/
randye FEB 10, 03:57 PM

quote
Originally posted by rinselberg:

My assessment is that I do not have the total life experience or diversified data sourcing fusion capabilities to offer a reliable verdict.





Translation: You don't know what you're talking about.

That's pretty much everybody's assessment of you on everything.

Well, that and you're also profoundly mentally ill and need professional help.

rinselberg FEB 10, 04:31 PM

quote
Originally posted by randye:
Translation: You don't know what you're talking about.

That's pretty much everybody's assessment of you on everything.

Well, that and you're also profoundly mentally ill and need professional help.


You must get a real hard-on, imagining how much you are in line with the collective wisdom of the forum about "rinselberg."

I think you are just delusional about that; nevertheless, let me wish you a hearty Go F*ck Yourself, and while I'm at it, add a few more words; not for you, but for anyone else who could be reading along here.

It must test, and test sorely, a man's faith (or character.) He leads an exemplary life, never a false step or a less than perfect thought or idea held between his ears or expelled onto the Internet via his keyboard. This, by his own telling, and who [sarcasm] could find even the smallest reason in even a single one of his 1000s of Pennock's forum messages to doubt it? [/sarcasm]

Yet, after 50-odd years, some of the most basic amenities of human life are now unavailable to him--but not unavailable to "crazy" [Commie-leftist pond scum] like "Ronald." Amenities like standing up from a seat in front of a desktop computer system and walking a few feet to a refrigerator for a Coke or a Coors. (Purposeful alliteration, as Coors wouldn't be my first choice.)

It seems so unjust. What hath the Supreme Intelligence of the Cosmos wrought?

Is it just an act? The wheelchair. An affectation? An accessory that he uses to live out some very peculiar fantasy? Is this who he so desperately wants to be?



That wouldn't be my first hypothesis.

But who knows? For all I know, that can also be me. Maybe before the next sunrise. A road vehicle accident. A stroke. Some other medical condition that manifests, without having been previously diagnosed or predicted. Every novitiate to the roster of wheelchair users has to have a "first day" or "membership date." What's his?

Could I add his to my iPhone calendar, so I could mark the yearly recurrence of the month and day of the blessed event, with a snifter of fine cognac and a toast to the excellence of paralyzing medical conditions?

I wouldn't expect to cope at all well with it, myself--with the circumstance of wheelchair dependence. It's among the worst outcomes that I can imagine. But would it transform me (?) into another foul-mouthed and altogether disgusting Internet troll, like [redacted] here, who can only continue to detract from this forum in the vacuum that's been created by the discontinuation of any sensible forum moderation. A moderator who is, for whatever reason(s), "MIA", or if not that, then doesn't interpret the Posting Guidelines in any way that I could describe as "mainstream."

That, and an idea--the idea of a self-moderating forum, realized though a ratings system or (more likely) direct, member to member communications--that has finally come down to only apathy and disinterest, or resignation to what seems to be the inevitable, or "Yeah, he's a f*cking A-hole, but he's 'our' f*cking A-hole. An A-hole with an 'R' for Republican (or maybe a 'T for Trump), implicitly appended to his screen name. We're all OK with that."

I've talked many times about the Posting Guidelines, but really, it's just a matter of common sense. When I come here, I see a list of topics--like this:



When [redacted] comes here, all he sees is this:
  1. F*ck "Ronald" because he doesn't prostrate himself before my excellence, and is conspicuous in that way.
  2. F*ck anyone else who would deign not to prostrate himself before my excellence, and be conspicuous in that way.
  3. Etc. Etc. Etc.

His endless harping about another forum member--it's captured in the quoted text that I used to start this "chalk talk"--subverts the Posting Guidelines caution against "starting threads about other threads" by turning it on it's head. He makes (part of) every thread into the same thread. Falsus in uno, falsus in omnibus.

He could render the forum a service by starting a new "F*ck Ronald" topic (or whatever other title he would find suitable) and keeping his endlessly repetitive and compost-ready expressions about me completely organized and all in one convenient place. A definite improvement. I might not so much as "select" it, to see any of what could float up from such a vile backed-up drain, but the forum would be better for it.

In summary, I am here to remind this august assembly that there is exactly one Pennock's member account that, were it to be terminated or become inactive for any reason, there would be no downside to it (for me.) None whatsoever. I can't say that about even a single other forum member. Not yet. Not presently.


Lord, hear our prayer.



See? I'm just like Nancy Pelosi. A person of "faith."

[This message has been edited by rinselberg (edited 02-10-2020).]

Tony Kania FEB 10, 05:05 PM
rinselberg FEB 11, 06:00 AM
The good news? President Pete and the First Man will soon be boarding Air Force One for the first overseas visit of the newly inaugurated Buttigieg administration.

And the bad news?

Click to show


I'm Future Guy, and that's my early morning report.

[This message has been edited by rinselberg (edited 02-11-2020).]