You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Reply #35: The problem is is $150,000 is Petty Bourgeois [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Latest Breaking News Donate to DU
happyslug Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-09-11 11:20 PM
Response to Reply #33
35. The problem is is $150,000 is Petty Bourgeois
I agree $150,000 should NOT be Petty Bourgeois, but it appears to be, that is why this is dangerous. Revolutions occur as the income of Petty Bourgeois DROP, which is what is happening. The income break for this 3-13% group should be $250,000, NOT $150,000, but the income break for this 3-13% is $150,000 NOT $250,000. The number are clearly showing an income drop since 1980, we are just seeing it hit hard today for we no longer have house prices going up. The increase in house prices permitted people to borrow to replace the lost income. That is no loner happening thus this problem is hitting us hard right now.
Printer Friendly | Permalink | Reply | Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC