Club Cobra Keith Craft Racing  

Go Back   Club Cobra > General Discussion > Lounge

Keith Craft Racing
Nevada Classics
Keith Craft Racing
Main Menu
Module Jump:
Nevada Classics
Nevada Classics
MMG Superformance
Keith Craft Racing
Advertise at CC
Banner Ad Rates
MMG Superformance
MMG Superformance
MMG Superformance
Keith Craft Racing
February 2026
S M T W T F S
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28

Kirkham Motorsports

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
  #1 (permalink)  
Old 02-22-2009, 09:52 AM
Banned
Visit my Photo Gallery

 
Join Date: Nov 2003
Location: Middle Of Nowhere, USA
Cobra Make, Engine: ERA 428 FE 4-speed CR "TL" heavy spline
Posts: 3,907
Not Ranked     
Default

What is wrong with the official poverty rate? It measures the wrong thing--and always has. That thing is income. But poverty is a matter of consumption, and a huge gap has come to separate income and consumption at the lower strata of our income distribution. In 2006, according to the annual Bureau of Labor Statistics Consumer Expenditure Survey, reported purchases by the poorest fifth of American households were more than twice as high as reported incomes.

For reasons still only partly understood, the surfeit of spending over income among poorer U.S. households has increased dramatically since the 1970s--making income an ever less dependable predictor of living standards for the disadvantaged. Indeed, while the official poverty thresholds are meant to be constant over time, a whole host of data confirm the (welcome) fact that material conditions for our population in "poverty" have been steadily improving.

The numbers of people “living in poverty” is the raw material of the POVERTY INDUSTRY. High numbers of people living in poverty insures the employment of vast numbers of welfare workers, advocates, bureaucrats, and social workers. If this country managed to get every last AMERICAN person out of poverty, an entire “INDUSTRY” would collapse. Of course, the unemployment of vast numbers of “poverty” workers would create a NEW class of poverty stricken, which would require the re-hiring of poverty workers, which would lessen etc etc etc for ever.

2009 characteristics of poor:
1) Only one flatscreen tv at home with full cable
2) stereo in car is worth more than car
3) a couple of pair of $500 sneakers
4) cell phone less than six months old
5) an full music library on an ipod
6) overweight, on foodstamps, yet eats out at the sizzler five times a week
7) has 2 or 3 five dollar starbucks mocha’s daily
8) refuses to get job because they are holding out for a management job like cousin Eddie from Nat’l Lampoon vacation
9) free or subsidized housing with unlimited a/c
10) a built-in victimization industry that blames poverty on society rather than sloth, or ones personal attitude.
Reply With Quote
  #2 (permalink)  
Old 02-22-2009, 10:04 AM
Ron61's Avatar
Senior Club Cobra Member
Visit my Photo Gallery

 
Join Date: Dec 2001
Location: Shasta Lake, CA
Cobra Make, Engine:
Posts: 26,618
Not Ranked     
Default



Ray,

I thought that I would be considered poor but your table discounts that.

I have no flat screen TV. No stereo in my old 1965 car, no sneakers, never have had a cellphone, no music library, am overweight some, don't get food stamps, and am retired. Oh and I have never drank coffee so I don't go to Starbucks. My house I paid cash for when I had it built.

Now I have to start all over on how to get my cut of the stimulus bail out pork package.

Ron
__________________
Ron 61
Ronnie Widener


View my Miscellaneous Gallery
Reply With Quote
  #3 (permalink)  
Old 02-22-2009, 12:20 PM
Banned
Visit my Photo Gallery

 
Join Date: Nov 2003
Location: Middle Of Nowhere, USA
Cobra Make, Engine: ERA 428 FE 4-speed CR "TL" heavy spline
Posts: 3,907
Not Ranked     
Default

Quote:
Originally Posted by Ron61 View Post


Ray,

I thought that I would be considered poor but your table discounts that.

I have no flat screen TV. No stereo in my old 1965 car, no sneakers, never have had a cellphone, no music library, am overweight some, don't get food stamps, and am retired. Oh and I have never drank coffee so I don't go to Starbucks. My house I paid cash for when I had it built.

Now I have to start all over on how to get my cut of the stimulus bail out pork package.

Ron
You’re not poor, because you are a responsible person - living within your means. As for me, I can afford all kinds of stuff but, for example, I'm on dial-up (#$^^%##Damn) simply because I don't want to pay for satellite high-speed with no DSL or cable in this area - it's a rip off. A lot of poor people also are on all kinds of government assistance programs - their actual income doesn't tell the whole story. They end up buying crap all day long.

Of course, it's really all about the number of children in the family (families with one parent) - just think if you had 1-4 kids to feed at this time in your life. Poor people need to stop having kids that they cannot afford.
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -7. The time now is 02:59 AM.


Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2026, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.6.0
The representations expressed are the representations and opinions of the clubcobra.com forum members and do not necessarily reflect the opinions and viewpoints of the site owners, moderators, Shelby American, any other replica manufacturer, Ford Motor Company. This website has been planned and developed by clubcobra.com and its forum members and should not be construed as being endorsed by Ford Motor Company, or Shelby American or any other manufacturer unless expressly noted by that entity. "Cobra" and the Cobra logo are registered trademarks for Ford Motor Co., Inc. clubcobra.com forum members agree not to post any copyrighted material unless the copyrighted material is owned by you. Although we do not and cannot review the messages posted and are not responsible for the content of any of these messages, we reserve the right to delete any message for any reason whatsoever. You remain solely responsible for the content of your messages, and you agree to indemnify and hold us harmless with respect to any claim based upon transmission of your message(s). Thank you for visiting clubcobra.com. For full policy documentation refer to the following link: CC Policy
Links monetized by VigLink