My Life in the 50's & 60's My Life in the 50's & 60's - Page 9 - Talk of The Villages Florida

My Life in the 50's & 60's

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  #121  
Old 03-21-2022, 09:43 PM
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The USA is a free country last I heard. This sounds like something they could readily do in the PRC (China). Here it would be a no-no and considered genocide.

“free country”
Yet, some still hate it.
  #122  
Old 03-21-2022, 09:45 PM
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Is it, .........really. I am NOT so sure. Try this example then.........suppose your goal is to be a world-class sprinter. You WORK and you WORK, trying everything. You are reasonably good in high school at sprinting and OK in College at sprinting. But, through NO fault of your own, because you are lacking genetically in fast-twitch muscles, you don't even ever get a tryout for the Olympic Team. What then is the MAIN factor in lack of success in that example - where plenty of WORK happened. That makes me think.......And this example can be extrapolated to the societal reasons that our US society failed miserably to succeed at creating an environment (like the fast-twitch muscles in the example) AFTER THE 1950s and 1960s for the MIDDLE CLASS to survive.
Again you elect to live is such a failure country.
  #123  
Old 03-21-2022, 09:46 PM
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It’s a never ending task………
You’re wasting you’re time, but you knew that….
  #124  
Old 03-21-2022, 09:48 PM
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By the 80's and 90's UK had talking films and some were even in color.
Some houses had refrigerators, and washing machines, and dish washers were on the horizon!
Don’t forget the 128 computer….
  #125  
Old 03-21-2022, 09:51 PM
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If someone with real knowledge were to dispute my point about tax bracket laws changing and decimating the strong middle class from the 1950s (which I doubt) - they could just refer to the other reasons that I gave for the missing middle-class. There are other candidates for the MAIN reason (that others may prefer). But, it is just a fact (google it) that the middle-class is gone now. It is now known by the term, wealth INEQUALITY. Which did not exist in large magnitudes in the 50s AND 60s. Tax brackets being the main reason is my opinion.
Middle class gone cause they figured out the disability scam. No need for millions to work.
  #126  
Old 03-21-2022, 09:54 PM
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And why and how did those parents in the 1950s and 60s get the wherewithal to do such "an incredible job of raising children as did society as a whole"? They could do that because the US THEN had a wealthy and vibrant middle-class (not now). The main reason that the US middle-class gradually disappeared after about 1970 was changes in Tax brackets and tax % that favored the wealthy and SUCKED the life out of the middle-class. Also, outsourcing to foreign countries helped those countries and made wealthy people wealthier. There are also several other reasons like the destruction of unions, factory farms, oil subsidies, and etc. By about 1990, the middle-class was gone.
.......So, that answers the question as to WHY the 50s and 60s were so good relative to the 70s onward.
Something I can agree with except iMO it was CEOs, lobbyist, and poli——-. That sold out middle class all for greed. Every government on earth becomes corrupt at one point in time. IMO we will go way of Roman Empire in few more decades.
  #127  
Old 03-22-2022, 07:01 AM
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"AEI is an independent nonprofit organization supported primarily by contributions from foundations, corporations, and individuals. Founded in 1938, AEI is commonly associated with conservatism and neoconservatism but does not support political candidates."

They may have a horse in this race.
When you cannot debate the topic, attack the source...

BTW, I can give several other sources, if you'd like...
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  #128  
Old 03-22-2022, 08:58 AM
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Obviously IQ has nothing to do with it… Most wealth is handed down. Some people have never worked day in their life. Wealth has several meanings, not just money.
"Stanley and Danko point out that only 19% of millionaires had received money from a trust fund or estate, and 91% never received any ownership of a family business; a substantial percentage are "self-made" millionaires."

From: 5 Unexpected Facts I Learned From 'the Millionaire Next Door'

"The overwhelming majority (79%) of millionaires in the U.S. did not receive any inheritance at all from their parents or other family members. While 1 in 5 millionaires (21%) received some inheritance, only 3% received an inheritance of $1 million or more."

From: The National Study of Millionaires | RamseySolutions.com

CNBC: 68% of worldwide wealthy are self made. Access Denied
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Last edited by manaboutown; 03-22-2022 at 01:10 PM.
  #129  
Old 03-22-2022, 10:56 AM
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Middle class gone cause they figured out the disability scam. No need for millions to work.
Domestic propaganda!
  #130  
Old 03-22-2022, 02:01 PM
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Originally Posted by manaboutown View Post
"Stanley and Danko point out that only 19% of millionaires had received money from a trust fund or estate, and 91% never received any ownership of a family business; a substantial percentage are "self-made" millionaires."

From: 5 Unexpected Facts I Learned From 'the Millionaire Next Door'

"The overwhelming majority (79%) of millionaires in the U.S. did not receive any inheritance at all from their parents or other family members. While 1 in 5 millionaires (21%) received some inheritance, only 3% received an inheritance of $1 million or more."

From: The National Study of Millionaires | RamseySolutions.com

CNBC: 68% of worldwide wealthy are self made. Access Denied
Hard work does pay off
  #131  
Old 03-22-2022, 02:45 PM
MartinSE MartinSE is offline
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Originally Posted by JMintzer View Post
When you cannot debate the topic, attack the source...

BTW, I can give several other sources, if you'd like...
I did not "attack the source", I simply pointed out some background for anyone not familiar with AEI. I am sorry you feel having the AEI's background factually pointed out is an attack.

I didn't say they lie, I didn't say the article you referred to was wrong, I did say they have an interest, based on their background in leaning to one interpretation vs another. I think that is fair. Sorry if you don't.
  #132  
Old 03-22-2022, 03:01 PM
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I did not "attack the source", I simply pointed out some background for anyone not familiar with AEI. I am sorry you feel having the AEI's background factually pointed out is an attack.

I didn't say they lie, I didn't say the article you referred to was wrong, I did say they have an interest, based on their background in leaning to one interpretation vs another. I think that is fair. Sorry if you don't.
I just wish you people would learn how to get along.
I'm getting those nightmares again.
  #133  
Old 03-22-2022, 03:05 PM
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I did not "attack the source", I simply pointed out some background for anyone not familiar with AEI. I am sorry you feel having the AEI's background factually pointed out is an attack.

I didn't say they lie, I didn't say the article you referred to was wrong, I did say they have an interest, based on their background in leaning to one interpretation vs another. I think that is fair. Sorry if you don't.
You gave no evidence of said bias. You gave no evidence they were wrong. So why point out some "possible" bias, based on some boogeyman of some "possible" interest (which you also gave no evidence of)?

The only reason I can see was to disparage them...
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  #134  
Old 03-22-2022, 09:15 PM
MartinSE MartinSE is offline
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You gave no evidence of said bias. You gave no evidence they were wrong. So why point out some "possible" bias, based on some boogeyman of some "possible" interest (which you also gave no evidence of)?

The only reason I can see was to disparage them...
Maybe that ia the ONLY reason you can see. That doesn't make it true. I posted a direct quote from the Wiki on AEI, if that is not acceptable, here is the Britanica - which you may or may not accept also. Whatever, I did NOT say they were wrong, I said they had a political leaning. So, enough back and forth, believe what you want, it interests me not.

"From its founding the AEI played a prominent role in politics in the United States, and people affiliated with the organization have served in influential government positions. Its influence grew stronger during the administration of Pres. George W. Bush, in which Dick Cheney, an AEI member, served as vice president of the United States. Also, because most of the AEI’s board of directors are typically CEOs of major U.S. companies, the organization can also exercise considerable influence through its connections in the business world."
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