Working on this new server in php7...
imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Calendar Publish RSS
Features
latest news
best of news
syndication
commentary


KILLRADIO

VozMob

ABCF LA

A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List

LAAMN List




IMC Network:

Original Cities

www.indymedia.org africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech

Surviving Cities

www.indymedia.org africa: canada: quebec east asia: japan europe: athens barcelona belgium bristol brussels cyprus germany grenoble ireland istanbul lille linksunten nantes netherlands norway portugal united kingdom latin america: argentina cmi brasil rosario oceania: aotearoa united states: austin big muddy binghamton boston chicago columbus la michigan nyc portland rochester saint louis san diego san francisco bay area santa cruz, ca tennessee urbana-champaign worcester west asia: palestine process: fbi/legal updates process & imc docs projects: radio satellite tv
printable version - js reader version - view hidden posts - tags and related articles

Good news

by T-Mex Friday, Nov. 08, 2002 at 4:10 PM

In know you hate it, but things are getting better. Once again, thank you Walter E. Williams. We are so lucky to have you around.

In his Oct. 20, 2002, New York Times Magazine article titled "For Richer: The Disappearing Middle Class," Princeton University economist Professor Paul Krugman wrote, "For the America I grew up in -- the America of the 1950s and 1960s -- was a middle-class society, both in reality and in feel. The vast income and wealth inequalities of the Gilded Age had disappeared. ... Daily experiences confirmed the sense of a fairly equal society. The economic disparities you were conscious of were quite muted."



Krugman's vision of income inequality and the disappearing middle class is an excellent example of the classroom propaganda college professors use to exploit America's immature and inexperienced youth. Let's look at it.











A no-brainer is that, if the middle class has disappeared or is disappearing, it means that America has become or is becoming a nation where there's only the rich and the poor -- like a Third World country. I'd like to see Krugman's evidence.



Krugman sees the '50s and '60s as a time of a "fairly equal society." Even if his observations were factually true, so what? Does it mean that the average person enjoyed a higher standard of living? The fact of business is that the 20th century has been the best ever for all Americans. Cato Institute scholars Stephen Moore and the late Julian Simon document this in "It's Getting Better All the Time." Let's take a small sample of their evidence.



The average life expectancy in 1900 was 47 years. Today, it is 77 and rising. The infant-mortality rate has dropped from one in 10 to one in 150. Americans who're considered poor have routine access to a quality of food, health care, consumer products, entertainment, communications and transportation that even the Vanderbilts, Carnegies and Rockefellers could have only dreamed of.



Rich people have always had servants to spare them the drudgery of having to beat the dust out of rugs; the advent of vacuum cleaners spared the common man of that kind of drudgery. Henry Ford became very rich, but the benefits reaped by the common man by being able to afford an auto trivialized whatever gains were reaped by Ford. Air conditioning and air travel, as late as the '50s, were something for the well-to-do; now, half the poor people have air conditioning and travel by air, and more than half own automobiles. In the 19th century, almost all teen-agers toiled in factories or fields.



Now, nine in 10 attend high school. Today's Americans have three times more leisure time than their great-grandparents did. The price of food relative to wages has plummeted: In the early part of this century, the average American had to work two hours to earn enough to purchase a chicken, compared with 20 minutes today.



College professors, politicians and others whose agenda calls for increased government control over our lives promote the lie that things are getting worse. If we buy into that lie, we'll kill the goose that lays the golden eggs. We might ask ourselves: Why is it that so much of the progress of the past 100 years has originated in America? Moore and Simon provide a simple but compelling answer: "The unique American formula of individual liberty and free enterprise has cultivated risk-taking, experimentation, innovation and scientific exploration on a grand scale that has never occurred anywhere before."



Finally, let's keep in mind that inequality of income is a result, and if we looked at the distribution of productivity, which economists haven't been able to do very well, we might not be surprised by inequality of income. In other words, how surprised would you be if I told you that I know how to play basketball and I try hard, but nobody is willing to equalize incomes by paying me as much as Michael Jordan earns?

Report this post as:

LATEST COMMENTS ABOUT THIS ARTICLE
Listed below are the 10 latest comments of 27 posted about this article.
These comments are anonymously submitted by the website visitors.
TITLE AUTHOR DATE
social darwinians game theorist Friday, Nov. 08, 2002 at 5:33 PM
OneEyedMan KPC Friday, Nov. 08, 2002 at 6:10 PM
Well tell me something KPC T-Mex Friday, Nov. 08, 2002 at 7:36 PM
OneEyedMan KCP Friday, Nov. 08, 2002 at 8:32 PM
Yeah, I guess T-Mex Friday, Nov. 08, 2002 at 8:52 PM
OneEyedMan KPC Friday, Nov. 08, 2002 at 9:02 PM
Yes, T-Mex Friday, Nov. 08, 2002 at 9:33 PM
OneEyedMan KPC Friday, Nov. 08, 2002 at 11:50 PM
I'm waiting T-Mex Saturday, Nov. 09, 2002 at 1:08 AM
OneEyedMan KPC Saturday, Nov. 09, 2002 at 1:26 AM
No one T-Mex Saturday, Nov. 09, 2002 at 2:52 AM
OneEyedMan KPC Saturday, Nov. 09, 2002 at 8:32 AM
hey tmex die Saturday, Nov. 09, 2002 at 9:21 AM
hey tmex die Saturday, Nov. 09, 2002 at 9:22 AM
I love it T-Mex Saturday, Nov. 09, 2002 at 11:23 AM
I'm surprised interested Saturday, Nov. 09, 2002 at 3:17 PM
Simple Simple Simon Saturday, Nov. 09, 2002 at 5:24 PM
OneEyedMan KPC Saturday, Nov. 09, 2002 at 5:34 PM
Simple Simple Simon. Saturday, Nov. 09, 2002 at 5:49 PM
OneEyedMan KPC Saturday, Nov. 09, 2002 at 5:59 PM
Is KPC in a script with Bush Admirer? interested Saturday, Nov. 09, 2002 at 6:21 PM
IGNORE THEM me Saturday, Nov. 09, 2002 at 6:38 PM
OneEyedMan KPC Saturday, Nov. 09, 2002 at 7:33 PM
I apologize, KPC interested Saturday, Nov. 09, 2002 at 7:46 PM
Simple Simple Simon Saturday, Nov. 09, 2002 at 8:54 PM
Oh I don't think so. interested Sunday, Nov. 10, 2002 at 4:14 PM
© 2000-2018 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy