Here is another thought.
When I was a child (70 yrs ago) the husband was the wage earner and the wife 
stayed home to cook and mind the kids. Most families lived from paycheck to 
paycheck and did not save much if anything. During World War II women had to 
work in the factories because the men were at war. After the war, women 
continued working to add to their families income and seek a better life.

Guess what happened? Because of the additional spending money prices rose to 
absorb the difference. Also families had to hire care givers to help raise 
the kids. Government kept borrowing more and more adding to the inflation. 
So the net result that by the latter end of the 20th century both husband 
and wives were working and living paycheck to paycheck. Nothing had changed 
except that families were more stressed than every.

Now we are in the next generation. College kids are moving back in with 
their parents. It now takes husbands, wives, and children living in the same 
unit to survive. The stress level is higher than ever. Wages will never rise 
high enough for young people now adays to afford their own homes in the next 
ten years. As long as the government keeps borrowing amounts equal to our 
GNP this problem will only get worse.

I just saw a blurb today on MSN that apartment rentals are rising fast due 
to tight supply. There were too many houses build during the mortgage bubble 
and not enough apartments. It will be tough on this new generation.




----- Original Message ----- 
From: "Ricardo Araoz" <[email protected]>
To: "ProFox Email List" <[email protected]>
Sent: Saturday, February 25, 2012 6:27 AM
Subject: Re: [OT] Now David Brookes is talking


El 24/02/12 17:40, Stephen Russell escribió:
> On Fri, Feb 24, 2012 at 1:41 PM, Michael Madigan <[email protected]> 
> wrote:
>> Half of Americans don't pay any Federal income tax
> ----------------
>
> I have heard this chant a lot lately but I don't find enough
> supporting documentation for it.
>
> Some sites say that is the # 47%  and I can find in some reports that
> same value.  Only the value is just part of the entire picture that is
> not represented at all.
>
> 47% of the taxpayer class "Single"  are not paying tax.  Reasons sited
> were 1. Jobless, 2. Senior Citizen / elderly, 3. Students
>
> The other class was married with filing married or filing jointly.
>
> Past Fox news, or CBS, are there real facts to drive this probable
> fiction?  I am sure there is a lot of bias in this news.
>

Well actually, I can assure you that 100% of the taxpayer class are
paying taxes.
...
..
.
Don't need any data, just by definition ;c)


[excessive quoting removed by server]

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