Comments about ‘America's middle class no longer world's richest’

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Published: Tuesday, April 29 2014 10:21 p.m. MDT

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Hutterite
American Fork, UT

Health care. And a banking system that is much more regulated, and by nature in any case much more conservative than that of Americas'. There is no way my canadian bank would lend money to people I've seen get housing loans down here.

cjb
Bountiful, UT

Due to technology the American economic wealth has increased by quite a bit, the problem is very few have shared in this increased wealth.

1978
Salt Lake City, UT

This has happened under Barack Obama? The democrats ran everything for his first two years and they still control the senate.

Maybe Obamacare and restricted energy production don't lead to economic success for everyone. Who would have thought?

vern001
Castle Rock, CO

This is all about greed, selfishness, and short-term thinking. Greed, when CEOs rake in millions of dollars while their company does poorly and employees are laid off--that hurts the middle class. Selfishness, because nobody wants to pay more in taxes to help others. And short-term thinking because, when we pay low taxes, we have to cut spending on education and science, and that hurts all of us in the long term.

Until we begin thinking about others more and what will help this country in the years to come, we are destined to decline.

Shane333
Cedar Hills, UT

There are problems with the article. An Economist should recognize that wealth is not a zero sum matter. Wealth can be grown and it can be destroyed. The "pie" isn't a fixed size. For example, the advent of computers has created massive amounts of industry and wealth that hadn't previously existed. How many jobs and industries exist today because of computers, that didn't exist before? Cell phones, "smart" phones, Google, Angry Birds, etc. are all products and/or services that have come into being in our lifetime, and added industry and wealth to the economy that didn't exist previously.

The money a wealthy person has doesn't dictate nor limit what I can have in my own wallet. Again, it's not a zero-sum competition to have money.

Shane333
Cedar Hills, UT

A more honest explanation for the shrinking middle class in America can be attributed to the increase in government interference through regulation and socialist programs. For example, the Affordable Care Act is both regulation and socialist. It regulates/forces people to buy health care, forces most companies to provide health care, dictates to insurance companies what services they must offer, and taxes both companies and consumers in a socialist intent to then provide services to uninsured. Well, the consequence is increased premiums and taxes, and a reluctance by companies to hire.

Increased premiums and taxes, forced purchases of products or services, and a reluctance to hire employees means a squeeze on the middle class. These are Economics 101 principles and not difficult to understand.

Liberal Ted
Salt Lake City, UT

"You have to pass the bill to see what's in it" Pelosi

That alone pretty much sums up the problems facing this country. We have incompetent leaders that are supported by incompetent voters, who encourage these types of answers to questions.

So the democrats are right, when they tell us overall Americans are too stupid to take care of themselves. Look at what we elect and keep electing.

However, there is hope in the small grass roots organizations that still hold onto conservative values.

mcclark
Salt Lake City, UT

1978 Canada has had single payer health care for a very long time now, it has worked out wonderfully for them. To bad some people believe the right wing propaganda, and bogus horror stories they hear.

Sasha Pachev
Provo, UT

I can believe that the middle class in the US is doing worse than it used to, but I have a hard time believing that Europe is doing any better. I meet people immigrating from Europe to the US all the time, but not the other way.

george of the jungle
goshen, UT

$100,000.00 is the top 10%, they feel like they are middle class. You can guess how the rest of us feel.

Shane333
Cedar Hills, UT

mcclark,

It is interesting to note that Danny Williams, who was Premier of Newfoundland and Labrador in Canada, chose to come to the USA for superior treatment when he needed healthcare for his heart. Perhaps you could provide me an example of a US governor going to Canada for healthcare? This speaks volumes about the quality of care available in the two respective nations.

Danny Williams is neither propaganda nor a bogus story. He is a real person who was really seeking the best care he could get.

I'm sure that our good neighbors to the north are trying their best with good intentions, but that doesn't mean that their healthcare system is better than ours.

U-tar
Woodland Hills, UT

It's an Obamanation now.

andyjaggy
American Fork, UT

It's Obama's fault of course, I expected to read as much in the comments. However that doesn't make sense, if Europe's poor are making more than the American middle class.... Last I checked European countries are mostly socialist. If the cause is Obama's socialist policies, Obamacare, etc... than why is Europe better off than we are?

Shaun
Sandy, UT

@Shane333. Healthcare in America may be better than other nations but it is only better if you have access to it. I am sure any millionaire or billionaire can get the best healthcare in the world but I doubt any poor or middle class person can.

I realize your counter argument would be that nobody has a right to healthcare and that is where we will disagree. You will probably go on and say if people have a right to healthcare then they should have a right to food or Porsche's or whatever.

The difference between providing healthcare and providing food is healthcare requires specialized expertise and advanced technological equipment. Providing food requires a garden and raising some animals.

Liberal Ted
Salt Lake City, UT

If Canada's health care single payer system is soo great. Then why does it have to be subsidized with money that Canada borrows?

This is the same fate of every health care socialists system around the world. All of the countries go into debt, to keep the costs down, so the people stay submissive to the millionaires and billionaires that run and control everything.

You're an absolute fool, if you believe that Obama really cares about you personally. The objective is power and authority and control over people. That's what elites do. The moment it looks like you are going to be independent, they tax you, they flex the muscle of the government, they force you to kneel and fear them.

You don't believe that you're actually free right now, do you?

If Government is soo good at running and managing things. Then why spend $1 Billion on ammunition just to turn around and destroy it? Think of all the children that could have been fed on that borrowed money.

Shane333
Cedar Hills, UT

Shaun,

Do you have the right to have your car repairs provided for you? More and more they require specialized expertise and advanced technological equipment. Does society owe you a car, too, for that matter?

What about a smartphone. I don't have one of those, and it's getting more and more difficult to keep up without one. Seems like everyone texts or expects you to have immediate access to emails anymore. I don't have the expertise nor equipment to create my own smartphone. Does society owe me a smartphone?

Once you go down the road of saying that society owes someone a consumer product or service it becomes an exercise in subjective opinion and mental gymnastics to determine what gets counted as a "right" and what people have to provide for themselves.

Shaun
Sandy, UT

@shane333. If you were choking at a restaurant do I have right to shake you down for money before I come to your aid? Should I carry around one of those credit card readers for my smart phone so I can max out your credit card before I help you?

Would you call 911 and provide aid to someone who got in a car accident or would you make sure they have the means to pay first? Where do you draw the line? If you say they should have the right to go to the hospital to receive treatment but do not have insurance or the means to pay, then they should of never received treatment in the first place according to your logic.

GaryO
Virginia Beach, VA

Hey 1978 -

"This has happened under Barack Obama . . . " while Reaganomics implemented by Republicans is still in effect.

You do remember the justification behind reducing taxes for high earners don't you? All that money was supposed to come tricking down to the middle Class.

Well OBVIOUSLY it does NOT work.

It's time to bump up the nominal tax rate for the highest earners back to 70 percent or so. And we need to build infrastructure and get people working . . . which is EXACTLY what Obama proposed in his Job's Act of 2011, the one SHOT DOWN by obstructionist regressive Republicans.

Constant obstructionism by "Conservatives" only harms this nation.

Face it, American "Conservatives" are America's Enemy Number ONE.

GaryO
Virginia Beach, VA

Hey Liberal Ted -

"You're an absolute fool . . . "

Wrong, YOU are if you actually believe Reaganomics actually works after ALL the available evidence proves it DOES not.

You did notice the subject of the Article, didn't you?

‘America's middle class no longer world's richest’

That's what comes from three decades of ridiculous Right Wing economic policies that tell us enriching the already rich is good for the Middle Class.

That's pure Hokum . . . In other words, standard "Conservative" ideology.

TRUTH
Salt Lake City, UT

Shaun,

It was illegal to deny coverage to anyone before Obamacare.........so no one was denied it ever! Until now, the VA has refused the care of veterans and allowed them to die untreated, and this is under the careful watch of liberals like yourself.....so you may want to invest on that card reader, under Obamacare, you Libs are going to need it!

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