The 60 Percenter
Introduction
Who are the 60 percenter? These are the people who are currently happy with their financial situation. They are the average Americans, working and saving and investing for their future. They are optimistic about our country and our future. They will determine our future in the next election.
- Feb. 2020
Background
The Democrats like to talk about the top 1 percent, the super rich. They claim income inequality and points to the super rich as an example. They also want to tax the super rich to help redistribute income to the rest. The reality is, the top 20% of Americans already pay 80% of all taxes. We already have a progressive tax system.
The latest poll say 61% of Americans are happy with their financial situation. How can that be?
There seems to be a disconnect. We are also told that 50% of Americans do not pay any income tax. We are also told 50% of salary workers are living paycheck to paycheck.
What is going on here?
The Polling?
Part of the problem is our polling. Our data collection, is based on taking polls. This is statistical method based on making assumptions and projecting a small sample data to represent the overall population.
The other problem with polling is how a question is phrased. It can biased the outcome.
What is the truth? and how can we gleam from the data the true picture of our economic well being.
There are several ways to do this.
- data analysis
- economic indicators
- consumer sentiments
- eye witnesses
- ask your friends
Don't Trust Polls...
If there is a consensus, then polling more or less confirm what the consensus say. However, if the topic is controversial, then be very suspect of polling results. Once you understand the science behind polling methods, and the assumptions and the motivations of those initiating the poll, it is obvious polling is a tool used by some to influence.
It is a good policy to ignore polls. A more reliable method for most people is to use your own instincts. My advice is to watch, listen, observe and ask questions...
Summary
In my own personal case, I am overjoyed. The last three years has been the best in my retirement. My financial picture has increased by 55% in the last three years.
I am happy with the overall direction of our country. Despite the midterm loss of the GOP majority in the House of Representatives, the state of DC is fine. We still have problems with the insiders. These Obama holdover appointments are still trying to unseat a duly elected President.
We are energy independent.
We are winning over public opinion worldwide. Even people at Davos are taking notice.
The 60% are you and me. We are the majority and we are winning.
By the way, it only takes 50% to win an election.
Some Related Info
- Gallup poll says 6 in 10 Americans feel better off after Trump elected
60% of people feel better.
This content is accurate and true to the best of the author’s knowledge and is not meant to substitute for formal and individualized advice from a qualified professional.
© 2020 Jack Lee
