Morning Reads: New DOT commish, Po-Pimp, GOP’s lesson on Millenials

International

Japan stunned by ISIS killing

National

Battle lines drawn for GOP 2016 presidential bid
What Republicans need to know about millennials
Asteroid to pass by Earth today
NYC mayor says this could be the biggest storm ever

Local

Imagine seeing this in your kids’ homework packet
Big problems in new Atlanta cities
Two Brookhaven lawmakers make initial cut for judgeships
Inmate who’s come close to death 3 times set to die Tuesday
1-on-1 with Georgia’s new DOT commissioner

Sports

Is this the new Falcons’ head coach?
16 straight!

18 comments

  1. Noway says:

    More American heroes! Gotta like it! Can’t wait for the disgraceful, bed-wetting libs to bust their chops like they did Chris Kyle’s. By the way, remember when the bed-wetters criticized Chick Filet’s founder for his beliefs? The next couple of days made Chick Filet’s earning for that week the biggest in the company’s history. Their insults are doing the same for Clint’s movie, too! Way to go, weenies! LMAO!

        • xdog says:

          Doesn’t hurt me.

          My point is that your insults aren’t any more palatable than anyone else’s, and that you’d be better served saving your anger to defend something more important than a public entertainment.

          Of course you’re free to spend your time as you wish and I don’t have to read your comments so we’ll both get by.

      • TheEiger says:

        Come on Doc. We have talked about this. You need to work on your bedside manner.

        We start drinking on Saturdays not Sundays. Jeez.

      • BriscoeDarlin says:

        You know for a doc most of his comments make him look like a dope. Did he go to med school with Broun?

  2. saltycracker says:

    On the road yesterday the ad nauseam radio repeat of Obama panelists was “he will not trim his sails in standing for the middle class.”
    Their key points:
    Increase capital gains (back to old times when household income was good times).
    Raise the top income bracket (like someone pays it)
    Eliminate 529 education deductions (it’s a wealth loophole)
    Keep interest rates low and cut min. Down payments to 3% (been there done that)
    Raise the minimum wage (not sure what this has to do with middle class)

    One thing never heard and maybe some pundits here can help:
    What is middle class in terms of annual income and net worth ?

    In terms of debt, if AMEX will increase my credit limit by $1 million
    And ask me to pay 2% interest only, while occasionally increasing my limit, my economy will really look good.

    • Dave Bearse says:

      The middle 50% is as good a definition as any which translates to $22,500 – $77,500 household income. Who knew so many in the middle class were moochers?

      Wealth is harder to come by, but it’s on the order of a range of $150,000 to $300,000 for the middle 50% of households.

      • saltycracker says:

        2011 info indicates you start below the poverty level and are off about 50% plus taxes at both ends per the below gov info using disposable income.

        I ‘d imagine most folks on the highest end of your scale would consider their household on the tight end of middle class.

        Rich is generally indicated to be income $250k plus and net worth $5 mil. plus.

        The media income is now higher in 2014.

        “Absolute income is an individual’s or family’s total disposable income from all sources after paying taxes, but according to the CRS, it only partly determines who belongs to the middle class. In creating its report, CRS compared income data from the Census Bureau’s 2011 Current Population Survey Annual Social and Economic Supplement with the results of surveys that asked people to identify their perceived social class. The results indicated that, based in incomes in 2011, “middle class” incomes ranged from $38,521 to $101,583 or more. Just over 50% of all U.S. households with income in 2011 reported incomes in this range. The nationwide median income in 2011 was $50,054.”

        • Dave Bearse says:

          Salty, you changed the question when you changed it to how people identify themselves. Lots of people don’t identify with global warming, but it’s taking place. Crooked politicians don’t think their crooked either.

          I re-eamined my source, and noticed the income numbers were from 2005 (sloppy on my part), so inflation contributes a bit to the lower numbers I cited.

          “Just over 50% of all U.S. households with income in 2011 reported in that range” doesn’t make it middle class. After all, the top 51% of incomes represent over 50% of all incomes. Nitpicking aside, my suggestion that the middle class is the middle 50% would be the second and third quartile. In hindsight, that’s too narrow a range.

          Sticking with it though, the most recent and closest to quartile info I could locate was 2013 quintile info:

          2013 by quintile
          1 st $0-$20,900
          2 nd $20,901-$40,187
          3 rd $40,188-$65,501
          4 th $65,502-$105,910
          5th above $105,911

          This info would situate both your $38,521 and $101,583 a little too high (though the numbers you provided include self-perception), but point taken, my initial info was out of date.

          Table H-1: http://www.census.gov/hhes/www/income/data/historical/household/

          • saltycracker says:

            Guess that’s what happens when we use .gov, we can pick whatever. I used the range as generally accepted not what I think, which is middle class today in the U.S. (Macon & NYC might see it differently) is a household (usually 2 working) earning more than $70k and less than $250k. The distribution of households across the income spectrum probably looks more like an incline than a bell curve.

            • saltycracker says:

              Never mind, Obama is moving his rich benchmark to $450k.
              Must be to give our Senators and lobbyists some personal middle ground !

  3. Dave Bearse says:

    I noticed Brookhaven Councilman Bates Mattison was mentioned in the “Big problems in new Atlanta cities” link. I understand Mattison advocated on behalf of the owner of Moon Lingerie for a zoning change before the Doraville City Council. The owner was subsequently convicted of and is serving time in a federal pen for bribery. What city wouldn’t be proud of the association of a Councilman advocating for and keeping that kind of company?

    http://www.ajc.com/news/news/doraville-lingerie-business-owner-sentenced-to-fed/ngrLd/

Comments are closed.