A Quote by Michael Bloomberg
You can't define what's middle class, what is wealthy, what is poor.
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American democracy in the past has always been known for its large middle class and its relatively few very wealthy people and very few very poor people, but that is gone to today and the middle class is shrinking.
New York is for everybody; it's for the poor, it's for the middle-class, it's for the wealthy. We can't punish any one group and chase them away.
What's happening is there's transfer of wealth from the poor and the middle class to the wealthy. This comes about because of the monetary system that we have. When you inflate a currency or destroy a currency, the middle class gets wiped out, so the people who get to use the money first, which is created by the Federal Reserve System, benefit, so the money gravitates to the banks and to Wall Street. That's why you have more billionaires than ever before.
Low interest rates wipe out savers and devastate middle-class workers. The banksters have orchestrated this wealth transference of trillions, from the poor to the very wealthy. At the expense of everybody who isn't at the top.
He's a wealthy man, a very wealthy man. If you have a half a million-dollar purchase from Tiffany's, you're not a middle-class American.
We will lower the tax burden on middle class Americans by asking the very wealthy to pay their fair share. Middle class taxpayers will have a choice between a children's tax credit or a significant reduction in their income tax rate.
Though many of the poor have come to see the affluent middle class as its enemy, that class actually stands between the poor and the real powers in this society - the administrative octopus with its head in Washington, the conglomerates, the military complex.
Millionaires are just as patriotic as poor people. The very wealthy are just as noble and patriotic as the middle class. But nothing has been asked of them in this horrendous recession. And it's time we just ask.
The issues that matter to me are the social safety nets for people, health care, middle-class concerns. We need to take care of the middle class and the poor in our country.
Cutting taxes is not bad. But if you cut taxes on the wealthy, which is what they wanted to do, you're not helping people who need better schools and better infrastructure and healthcare. You're basically robbing the middle class and the poor to provide tax cuts to the rich.
The rich buy assets. The poor only have expenses. The middle class buys liabilities they think are assets. The poor and the middle class work for money. The rich have money work for them.
The Democrats tell all the poor people and all of the middle class that they're only where they are 'cause the rich have cheated them, exploited them, or stolen all their money. The way they're gonna make it equal is to take from those people who have just won life's lottery, the premise being that the poor and the rich and the middle class are gonna get the money.
That's a huge fear for middle-class women. It's not so much a fear for poor women, because poor women have always assumed that they are going to have to support themselves. It's middle-class women who have this fantasy that somebody else is going to support them.
By default, we have created a "system" of nursing-home care for the aged in which middle-class people pay exorbitant rates to for-profit nursing-home entrepreneurs - and then when private resources are consumed and the patient qualifies as a pauper, the nursing home begins billing Medicaid. This is precisely the antithesis of social citizenship; instead of the poor being accorded the dignity associated with the middle class, equality of treatment is achieved by making the middle class undergo pauperization.
Being Black and poor is, I think, radically different from being anything else and poor. Poor, to most Blacks, is a state of mind. Those who accept it are poor; those who struggle are middle class.
I'm one of the undeserving poor: that's what I am. Think of what that means to a man. It means that he's up agen middle class morality all the time.... What is middle class morality? Just an excuse for never giving me anything.
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