"I am not poor because"... - New England Patriots Forums

PatsFanInVa · 11-07-2011, 04:27 AM

Here's a quick reality check.

I just saw the "I am not poor because" thread and thought this for the umpteenth time:

Wait, I am poor.

Net worth, all-in, I won't go into details... but yes, I am poor.

I've got good credit, I've got good cash-flow, but full disclosure folks, if I didn't, I'd be up sh1t's creek. Subtract my debt from the value of the things I own, and um yeah, it turns out I'm a poor man with a six-figure salary.

So if you were plinking along on a lower salary, and just kept renting during the two thousandsies, ya got more than I do.

What did people actually do in the two thousandsies? An awful lot did what I did, with the assurance that real estate really didn't actually lose value that often, and that when it did, it tanked by 10%, locally, then recovered in a couple years.

Everybody's got their own story. But I wonder for how many the answer is

"I'm not poor because... I consider income, credit, and the ability to catch up to be 'wealth'."

mcgraw_wv · 11-07-2011, 07:17 AM

The fact you have a roof over your head, and you have a job, and your not needing to make any sort of hard decisions on whether which essential item you need... means you aren't poor.

That thread of mine had nothing to do about "I am rich because"... your right, if I lost my income, In less than a year, I am poor... but that buffer keeps getting larger the hard I work at saving and working.

And that is what it's all about.

khayos · 11-07-2011, 07:22 AM

Quote:

Originally Posted by PatsFanInVa

Here's a quick reality check.

I just saw the "I am not poor because" thread and thought this for the umpteenth time:

Wait, I am poor.

Net worth, all-in, I won't go into details... but yes, I am poor.

I've got good credit, I've got good cash-flow, but full disclosure folks, if I didn't, I'd be up sh1t's creek. Subtract my debt from the value of the things I own, and um yeah, it turns out I'm a poor man with a six-figure salary.

So if you were plinking along on a lower salary, and just kept renting during the two thousandsies, ya got more than I do.

What did people actually do in the two thousandsies? An awful lot did what I did, with the assurance that real estate really didn't actually lose value that often, and that when it did, it tanked by 10%, locally, then recovered in a couple years.

Everybody's got their own story. But I wonder for how many the answer is

"I'm not poor because... I consider income, credit, and the ability to catch up to be 'wealth'."

Poor person with a six-figure salary... so why don't you want to have your taxes lowered?

***IcyPatriot*** · 11-07-2011, 07:47 AM

There are very few people in this country who are poor. The term is used to create political class warfare. Anyone thinking what we see here is poor is missing it. Poor can be seen around the world ... mainly in 3rd world countries where humans are lucky to get a bowl of rice and a few cups of filthy water per day.

The poorest person in this country still has access to food, shelter, healthcare, education, clothing etc... There are enough government and charitable organizations here to make sure all are cared for.

How many millions in other countries can say the same?

I am not poor because I live in the USA.

khayos · 11-07-2011, 07:49 AM

Our poor people are fat. That's how good we got it.

Mrs.PatsFanInVa · 11-07-2011, 08:29 AM

Quote:

Originally Posted by IcyPatriot

The poorest person in this country still has access to food, shelter, healthcare, education, clothing etc... There are enough government and charitable organizations here to make sure all are cared for.

Yes, and that's exactly what the Republicans are trying to take away, isn't it?

Mrs.PatsFanInVa · 11-07-2011, 08:30 AM

Quote:

Originally Posted by khayos

Our poor people are fat. That's how good we got it.

Oh cool....and we all know how healthy "fat" is, don't we?

The Brandon Five · 11-07-2011, 08:55 AM

Quote:

Originally Posted by Mrs.PatsFanInVa

Yes, and that's exactly what the Republicans are trying to take away, isn't it?

They are? I missed the "close charities" bill.

Is this it?

http://www.nytimes.com/2011/09/14/bu...jobs-bill.html

Quote:

The bulk of the additional tax revenue under Mr. Obama’s proposal would come from the wealthiest 1.5 percent of taxpayers — individuals with adjusted gross income over $200,000, families with more than $250,000 — who would face new limits on their itemized deductions for such things as charitable contributions and state and local taxes.

Mrs.PatsFanInVa · 11-07-2011, 09:10 AM

Quote:

Originally Posted by The Brandon Five

They are? I missed the "close charities" bill.

Is this it?

The bulk of the additional tax revenue under Mr. Obama’s proposal would come from the wealthiest 1.5 percent of taxpayers — individuals with adjusted gross income over $200,000, families with more than $250,000 — who would face new limits on their itemized deductions for such things as charitable contributions and state and local taxes.

http://www.nytimes.com/2011/09/14/bu...jobs-bill.html

What do people who make over $250,000 have to do with "the poorest," and the governmental and charitable agencies which provide food, shelter, healthcare, education, clothing etc for them?

Obama is not the one trying to do away with extended unemployment benefits, trying to dictate how many children welfare will pay for or abolish Planned Parenthood and it's low-cost health care for the poor. He;s not the one coming up with plans like 9-9-9 which will tax the poor at a much higher rate than the rich. He's not the one demanding that everyone, even the poorest of the poor, pay federal income taxes.

khayos · 11-07-2011, 09:30 AM

Quote:

Originally Posted by Mrs.PatsFanInVa

What do people who make over $250,000 have to do with "the poorest," and the governmental and charitable agencies which provide food, shelter, healthcare, education, clothing etc for them?

Obama is not the one trying to do away with extended unemployment benefits, trying to dictate how many children welfare will pay for or abolish Planned Parenthood and it's low-cost health care for the poor. He;s not the one coming up with plans like 9-9-9 which will tax the poor at a much higher rate than the rich. He's not the one demanding that everyone, even the poorest of the poor, pay federal income taxes.

Hang on -- you just said you're making six figures and poor -- but someone making $250,000 is six figures too... and instantly not poor? Would you be "rich" if they bumped your income to that level?