So much talk comes from Washington about the working poor, middle class and super rich that many people simply hear the murmuring when an official, such as President Obama, speaks.
Experts, somewhere, establish income levels, living conditions, working situations and other parameters for measuring worth and need.
A simple sight review of each community in this nation reveals differences. Missing are the intrinsic unseen variables, such as income, net worth, savings, debt, spending habits and related matters, that play major roles in the total picture.
The areas of the country in which one lives and works are very much a part of income and spending.
Lifestyle plays a vital role, also. If you spend for all your wants and not your needs, purchase items not needed on a whim or simply to keep up with the Joneses, where do you expect to be?
Like Johnny Cash sang, “one day older and deeper in debt.”
A review of social classes shows super rich, rich, middle class, upper middle class, lower middle class, working class, working poor and underclass.
Some designations seem skewed, particularly when it comes to income levels. Most people do not want their incomes revealed and that reasoning is understood.
The level of one’s living can, in many cases, not reveal the level of income for that family. It all depends on how that income is spent, whether wisely or foolishly.
Playing a part in the overall scheme of life is who people are, how they act and the events in which they participate.
President Obama presumes to have all the answers to the economic mess this nation is in with his jobs program, health care reform and most recently, his plan for economic growth and deficit reduction.
Cuts in excessive and ridiculous spending would impact the nation.