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In reply to the discussion: Obama's Deal From a poor Person's Perspective [View all]Nikia
(11,411 posts)64. Depending on how you look at it, pretty much
If you are raising family on median income, you are pretty much making enough to get by. If you don't save, you can enjoy a few middle class luxuries from time to time, but then you don't have a retirement and any little three figure emergency will wipe you out and put you in danger of not paying your bills.
A single person making $40,000 per year might do alright in certain areas of the country, but probably can't save much and try to live a middle class lifestyle.
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Thank you for some much needed perspective. We have to look at the whole deal, not 1 number. nt
s-cubed
Jan 2013
#1
There's a reason that many progressive constituencies voted for Obama at higher levels than 2008
alcibiades_mystery
Jan 2013
#3
The cuts have yet to be negotiated. Until the debt ceiling has been raised, Social Security is stil
JDPriestly
Jan 2013
#17
And then there are those disqualified from EITC, retirees on SS, those making above cut-off...
Melinda
Jan 2013
#65
It is good to read the perspective of someone who will be hurt the most by any deal
stultusporcos
Jan 2013
#9
We shall see what happens in the House, but this deal does not foreclose pension cuts.
JDPriestly
Jan 2013
#31
Excellent - and I see the posts of gloom and doom as you predicted are showing up...
George II
Jan 2013
#20
Thank you, we need to remember what COULD have been...and how that didn't happen
radhika
Jan 2013
#30
My biggest objection to this deal is the situation that bore it. This whole problem was caused by a
Arcanetrance
Jan 2013
#32
This happens every time. Republicans despise these tax credits where the Feds end up sending a check
Pirate Smile
Jan 2013
#47