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Originally posted by Jezus
reply to post by kro32
The opinion of someone who never tried to live off 25,000 dollars a year...
Originally posted by Kro32
Now before you think it's melting away you should ask yourself who is going to be doing all those middle class jobs once the middle class melts away.
Originally posted by Kro32
First of all you have no idea what i've lived off so this statement is worthless and second of all it has nothing to do with the point of this thread. The thread is about the melting middle class not how to live off of 25k a year.
“There’s class warfare, all right,” Mr. Buffett said, “but it’s my class, the rich class, that’s making war, and we’re winning.” ~ Warren Buffett NYT 11-26-2006
Originally posted by kro32
Now before you think it's melting away you should ask yourself who is going to be doing all those middle class jobs once the middle class melts away. Or are you suggesting that pay rates will fall to amounts that are lower than 25k and higher than 100k.
The middle class isn't going anywhere no matter what kind of speeches or video's you listen too.
Originally posted by kro32
there is only so far the jobs can trend towards lower class
Originally posted by kro32
there will always be a middle class as long as the work and jobs are there
Originally posted by kro32
The majority of work cannot be done by computers. All these blue collar jobs like truck drivers, garbage men, postal workers and things will still need to be done and they will still make more than 25k. How is all that going to disappear?
Originally posted by kro32
reply to post by AkumaStreak
Well I currently make less than 25k a year. In fact I make less than 20 a year so he is very incorrect. And to your first point there is only so far the jobs can trend towards lower class, there will always be a middle class as long as the work and jobs are there and I haven't seen a scenario proposed where those jobs would disappear.
Originally posted by kro32
reply to post by AkumaStreak
Well following that logic we would eventually end up working for pennies an hour. If your saying that's not possible and there is a cap to how far wages could go than my point is relevant I believe however I am nowhere near anything resembling an economist so feel free to corret my logic on this one.
Originally posted by kro32
The majority of work cannot be done by computers. All these blue collar jobs like truck drivers, garbage men, postal workers and things will still need to be done and they will still make more than 25k. How is all that going to disappear?