Bernadette McAliskey interview

Started by seafoid, September 22, 2016, 07:03:50 PM

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T Fearon

Well you cannot seriously moan on about disadvantage when you availed of (in those days) totally free university education.

muppet

Seafood, you are taking data from Disability Benefits and US Home Ownership and extrapolating from those, the conclusion - 'the poor are being shafted'.

I have pointed out over and over that the poor have never had it better in any historical context you wish to look at. There were no Disability Benefits a Century ago. There was no old age pension until 1907. As for the poor owning land?

Anyway regarding your comments on how subprime lending reduced home ownership, well it depends on how you look at it. Subprime lending initially increased home ownership, then the bubble burst, and it left home ownership exactly where it found it. No change for the poor there. However the US taxpayer had to fork out $700,000,000,000 for TARP, so again, it is the working and middle classes that are being shafted.

Here is a link showing property ownership rising and falling due to subprime lending and the subsequent crash.

https://www.google.ie/search?q=us+property+ownership&client=safari&hl=en-gb&prmd=niv&source=lnms&tbm=isch&sa=X&ved=0ahUKEwi8iZXLvKrPAhVJGsAKHc3rD4gQ_AUICCgC&biw=1024&bih=672#hl=en-gb&tbm=isch&q=us+home+ownership&imgrc=lA9NCGjllCkkyM%3A
MWWSI 2017

longballin

Quote from: T Fearon on September 25, 2016, 12:29:58 PM
Well you cannot seriously moan on about disadvantage when you availed of (in those days) totally free university education.

Lick spittle...