heywood on 19/9/2012 at 10:30
Quote Posted by DDL
He does apparently think that $200-250,000 a year is a 'middle-income'.
To be fair, that is consistent with the Obama position. Obama says he wants to keep the Bush-era tax cuts for lower and middle class families, and he defined the upper threshold for middle class to be $250k/year household income. In an ABC interview, Romney said "No one can say my plan is going to raise taxes on middle-income people, because principle number one is (to) keep the burden down on middle-income taxpayers." When pressed, he defined middle-income as up to $200-250k/year per household. So both candidates are consistent with each other in defining the upper limit on middle class/middle income. The difference is that the press didn't make any issue of it with Obama but the AP tried to make a story of it with Romney and everyone ran with the AP story painting Romney as out of touch.
I don't think it's hypocritical. I suspect that the non-income tax payers in the South are disproportionately black and Hispanic and are overwhelmingly Obama supporters. But they are outweighed by the even larger number of social conservatives who tend to vote Republican.
Quote Posted by Pyrian
Does Romney even <i>want</i> to win? :erg: This election should be his to throw away, but throwing it away seems to be the plan. Actually "pleasing the base as much as possible without admitting it to a wider audience" seems to be the plan, but they're falling down hard on the "admitting it" part.
You could see after the early primaries that the Republicans were never going to win this election. Romney was the obvious nominee from day one and the most electable candidate the Republicans had. If the tea partiers were smart, they would have gotten behind Romney early on so he could focus on the general election, in return for getting their people into his cabinet. Instead, they put up a futile anybody-but-Romney fight through the primaries, forced him to tack to the right, and painted him into a corner. They got a Paul Ryan VP pick for their efforts, but poisoned Romney's bid for the general election, so in the end their opposition will be futile. I don't think any other Republican candidate could have done much better. Since 2010, the base of the Republican party has gone hardcore and it's presently impossible to pitch a big enough tent to win the general election while keeping them in it.
And I wouldn't lose sleep over that if Obama didn't turn out to be such a spineless disappointing useless fuck. The US needs another FDR or Lincoln but has a Carter.
DDL on 19/9/2012 at 11:18
Huge difference between "250k is the upper threshold" and "200k is the lower threshold", though. The former states that anything above 250K a year is a HIGH income, whereas the latter states that anything below 200k is a LOW income, which I think most people would have problems with accepting.
For example, the range 200-250k per year encompasses about 5% of the US, whereas the range 0-250k encompasses about 95%.
You don't state what the Obama position is regarding the lower bounds of 'middle income', which is the key distinction here. If it's also "200k", then I'm willing to concede this point.
And of course, what you'd get for your hypothetical 250k a year depends hugely on where you are in the US (in the midwest, a big house, pool and room for a happy family of four...in new york, a studio apartment and a year's supply of ramen noodles), so I guess it's kind of a stupid question in the first place really.
heywood on 19/9/2012 at 12:02
Your reading comprehension sucks
LarryG on 19/9/2012 at 13:21
Quote Posted by heywood
And I wouldn't lose sleep over that if Obama didn't turn out to be such a spineless disappointing useless fuck. The US needs another FDR or Lincoln but has a Carter.
I wonder which of (
http://www.washingtonmonthly.com/magazine/march_april_2012/features/obamas_top_50_accomplishments035755.php) Obama's top 50 accomplishments you consider to have been made possible because he was spineless? Or do you mean that you wish he had tried less to reach compromises with the Republicans in both Houses of Congress? It's true, it did turn out to be a vain attempt. His attempts to break down the political stalemate brought on by the Republican "our way or no way" agenda did not succeed, and on most every issue, at the end he had to proceed without them. But I would hardly call that spineless. I think it took a lot of spine to try and broker honest deals in the face of such opposition.
DDL on 19/9/2012 at 13:48
Heywood (assuming that was directed at me)
Quote:
"Is $100,000 middle income?" Stephanopoulos asked.
"No, middle income is $200,000 to $250,000 and less," Romney responded.
Now depending on how you read that, it could either be that he defines the 200-250k bracket as "middle", or that 200-250k is the approximate value of the top end of "middle" income.
Either way, though, it seems to be clear that 100k is NOT middle to Romney, so we're looking at somewhere upward of 100k for the LOWER bracket of middle income (and I would consider 100k a year to be quite a lot, personally).
heywood on 19/9/2012 at 14:08
Quote Posted by DDL
Either way, though, it seems to be clear that 100k is NOT middle to Romney, so we're looking at somewhere upward of 100k for the LOWER bracket of middle income (and I would consider 100k a year to be quite a lot, personally).
Neither Romney nor Obama defined the lower threshold of middle income, so I think that's speculation. Do you have a reference re: the 100k figure as a lower bound? $50k/year has frequently been quoted as the median income, and the poverty line is below that, so I find it hard to believe any candidate would think $100k is below the middle.
All I'm really saying is that when it comes to income tax policy, Obama defined middle class as <$250k per household and Romney defined it as <$200-250k per household, so there's no substantive difference on that point.
Based on my experience in the US, $100k/year/household would be upper middle class in most areas. But in metro areas with high cost of living (e.g. SF Bay area, NYC) it would be close to the median and in poor areas it would be considered wealthy.
$200-250k is stretching the upper limit of what most Americans would call middle class, but Obama and Romney are consistent on using it in the context of tax policy so why is it being used to slam Romney and not Obama?
DDL on 19/9/2012 at 14:20
(
http://abcnews.go.com/blogs/politics/2012/09/full-transcript-george-stephanopoulos-and-mitt-romney/) Transcript!
It's about a third of the way down (depending on how your browser decides to format it, admittedly).
Apparently 75% of US households fall between 25k and 100k a year, so the outright "no" to 100k being middle seems....worrying.
(of course it's entirely possible that the upper bracket of the US earn SO FUCKING MUCH that the mean income is in the 200k range while the median is 50k, but I'd imagine the median to be the more voter-relevant value, here)
(plus to work out a mean income you'd need to actually get figures for that upper bracket, and they often seem reluctant to provide those :p)
scarykitties on 19/9/2012 at 14:37
I haven't liked Romney since I first saw him in the Republican debates. "Rom Bot" is a great term for him--he's stiff, up-tight, elitist, and just overall unlikable. Obama, on the other hand, has a great smile, superb personal charm, and is the guy you just WANT to vote for.
With that said, I'll be voting not-Obama because I think that, while his policies are as charming as his smile, they aren't sustainable and his economic policies are backwards. I'll either swallow the bitter pill and vote Romney or I'll vote Libertarian (Johnson, I believe), but I won't be voting for the Big O like I did in 2008. Economics is the most important matter in this election, and while Obama has far superior ethical policies, the best universal healthcare and college assistance programs won't count for squat once the country snaps under the economic pressure.
As for the 47% comment, while it is likely an oversimplification to call those people all lazy freeloaders who contribute nothing, I would have no problem believing that at least that number of people rely heavily on government-sponsored assistance of some kind. I'm of the "teach a man to fish" rather than the "give a man a fish" mentality. Help people who have fallen back on their feet, then let them walk on their own.
Stitch on 19/9/2012 at 14:42
Economics is exactly why you should vote for Obama. Loaning ourselves money at historically low interest rates isn't exactly the biggest concern given the size of the recession we were dealing with.
scarykitties on 19/9/2012 at 15:20
Quote Posted by Stitch
Economics is exactly why you
should vote for Obama. Loaning ourselves money at historically low interest rates isn't exactly the biggest concern given the size of the recession we were dealing with.
I should vote for Obama because he's taking advantage of low interest rates to rack up a bill so high that it'll be impossible to pay off by the time interest rates go up again? I don't follow.
Now's the time to work on paying off that huge debt, not to rack up more of it. Spending now is like taking out a credit card to pay off another credit card. It's that kind of reckless mentality that brought about the recession to begin with.
I found (
http://www.youtube.com/watch?v=ID4xay5RITY) this to be an interesting video on the subject.