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The 60 Percenter

Updated on February 14, 2020
jackclee lm profile image

Jack is a volunteer at the CCNY Archives. Before retiring, he worked at IBM for over 28 years. His articles have over 100,000 views.

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.

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

Comments

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    • tsadjatko profile image

      The Logician 

      14 months ago from now on

      You mention Trump haters Jack. What motivates Trump haters? It is anger. Just listen to any of them, they are angry people!

      Then look at the postings of the lunatic mass murderers that pop up periodically. What is their obvious motivation? Anger.

      All these people have one thing in common, uncontrollable anger. Whether deranged or just politically inclined, anger is not a solution to anything in and of itself and if not managed properly is nothing but motivation for destruction, mayhem and madness.

      Can these times not make it any more clear that what we need is to make anger management a required course for everyone in our education system and our workforce and especially our electorate. This is the only solution to the raw hatred we see fomented by the left in our electorate and seeing that they are in control of education and the media it will never happen!

      Put that in your ballot and stoke it!

    • jackclee lm profile imageAUTHOR

      Jack Lee 

      14 months ago from Yorktown NY

      eric,

      You are correct. Trump haters deny the progress he made at their own peril. These people and the media never figured out why Trump tweets.

    • Ericdierker profile image

      Eric Dierker 

      14 months ago from Spring Valley, CA. U.S.A.

      In line with my life. They say we are poor. Hmm? Two cars, own a home, travel, fully insured, neighbors doing better with houses being redone in the hood. School thriving. And on and on and on.

      Like him or hate him -- the proof is in the pudding not the tweets.

    • profile image

      blue22d 

      14 months ago

      Good article. I have never trusted polls and it is hard to trust statistics unless you truly know the source and how the process for conducted. If the Republicans can win the house, we will do even better!

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