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Old 01-13-2015, 03:36 PM
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Dondilion Dondilion is offline
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ALICE to replace Government's poverty rate?

Claiming that the Federal Government's measure of poverty rate is woefully
out dated, new voices are promoting ALICE.

http://america.aljazeera.com/opinion...unitedway.html
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Old 01-13-2015, 04:04 PM
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In 2010, we had someone write in a comment to the local Virginia Beach newspaper that the "onerous tax burden" of the ACA was going to be "devastating" to his family........"........because it is already nearly impossible to raise three kids on an (annual) income of $250k, these days.".

America is a nation of victims. Everyone is now a victim, even the most affluent among us. It is completely absurd and I am afraid we will never snap out of it.

Dave
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Old 01-13-2015, 04:25 PM
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Quote:
Originally Posted by BlueStreak View Post
In 2010, we had someone write in a comment to the local Virginia Beach newspaper that the "onerous tax burden" of the ACA was going to be "devastating" to his family........"........because it is already nearly impossible to raise three kids on an (annual) income of $250k, these days.".

America is a nation of victims. Everyone is now a victim, even the most affluent among us. It is completely absurd and I am afraid we will never snap out of it.

Dave
On an annual income of $250K, I could burn twenties for heat and still be rich.

We are an odd nation...
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Old 01-13-2015, 04:27 PM
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At $250K one can barely afford one manservant.

Regards,

D-Ray
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Old 01-13-2015, 04:35 PM
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The guy with 250K income sure sounds nutty, but I remind you all that he's not in the OP. So let's not just dismiss it based on one killer anecdote. The problem with technical standards for poverty is real. The current 'poverty rate,' from the story, seems to be based on '3 times a subsistence food basket cost.' That may or may not be improved upon by the 'asset-limited, income-constrained employed (ALICE) formulation, the question is wonkish.

But the real problem is too many earn too low wages, the middle class is hollowing out. If this initiative puts some focus on this, in a way that results in helpful change, it will be a good thing.

Last edited by donquixote99; 01-13-2015 at 04:37 PM.
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Old 01-13-2015, 06:03 PM
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Quote:
“asset limited, income constrained, employed.”


https://www.youtube.com/watch?v=h67k9eEw9AY
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Old 01-13-2015, 06:50 PM
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Yes. I know. Technocrat-speak.

But people in that world need to be on our side. This may actually be progress. Look at David Kay Johnson's credits at the end of the article. If he thinks this is gonna help, I'm willing to allow that it might.
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Old 02-06-2015, 09:46 PM
VanishingPoi VanishingPoi is offline
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Quote:
Originally Posted by BlueStreak View Post
In 2010, we had someone write in a comment to the local Virginia Beach newspaper that the "onerous tax burden" of the ACA was going to be "devastating" to his family........"........because it is already nearly impossible to raise three kids on an (annual) income of $250k, these days.".

America is a nation of victims. Everyone is now a victim, even the most affluent among us. It is completely absurd and I am afraid we will never snap out of it.

Dave
$250,000 ain't nothing when you have three children you want to put through college. I think of how much I make now and it blows my mind that I am still struggling.
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Old 02-07-2015, 12:42 PM
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$250,000 ain't nothing when you have three children you want to put through college. I think of how much I make now and it blows my mind that I am still struggling.
Isn't the obvious answer less kids?
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Old 02-07-2015, 01:19 PM
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The cost of college tuition these days is nothing short of criminal. Just for kicks, I looked up the tuition for the two colleges I attended, Georgetown and the University of Maryland.

When I attended Georgetown, the per semester tuition plus board and expenses was between $2,000 and $3,000. Here's what it costs now.

http://finaid.georgetown.edu/cost-of.../undergraduate

At Maryland, where I was a commuter, it cost about $500 per semester. Current costs are below.

http://www.admissions.umd.edu/costs/

Granted, this increase is for a period of around 50 years but I still find it mind-boggling.

And Kipplinger rates Maryland as the 7th best "bargain" in state schools.

John
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