Monday, November 22, 2010
Apparently there's little to be said for the middle class ...
SEE HERE I remember the phrase "You'll be on easy street when you get to $10,000 a year." Of course that was when that salary really was terrific money. Houses cost around $5000. This little piece shows that in terms of disposable income it really does make much sense to work hard. You might was well be on the dole for all the benefit you get. This is pretty troubling I think. I suppose I don't have anything against helping people, but I have a lot against this kind of income flattening. Where's the incentive to work at all for those who can do almost as well by sitting on their backsides and sucking at the government money spigot in all its multivariate forms?
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