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PBS Frontline: The Middle Class and the New American Economy
07-09-2013, 11:17 AM
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#1
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Full time employment: Posting here.
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PBS Frontline: The Middle Class and the New American Economy
July 9, 2013 is the premier of a new PBS Frontline episode "The Middle Class and the New American Economy"
I'm curious to see the show and understand more about the two families that are chronicled over a 20+ year period. Bill Moyers narrated the show and was involved over the 20 year period. I saw Bill Moyers on the Charlie Rose show last night and Bill described how much of life is a lottery. I don't disagree but I feel strongly that how you (as an individual) respond to the variations of the lottery throughout your lifetime can have a dramatic impact on the outcome.
I think the show is on at 10:00 PM Eastern. I'm sure it will air again if you miss it.
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07-09-2013, 11:49 AM
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#2
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 13,612
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cool. Added it to my tivo queue. (Love the ability to do that online.)
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07-09-2013, 12:32 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Apr 2012
Posts: 2,742
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Quote:
Originally Posted by nvestysly
July 9, 2013 is the premier of a new PBS Frontline episode "The Middle Class and the New American Economy"
I'm curious to see the show and understand more about the two families that are chronicled over a 20+ year period. Bill Moyers narrated the show and was involved over the 20 year period. I saw Bill Moyers on the Charlie Rose show last night and Bill described how much of life is a lottery. I don't disagree but I feel strongly that how you (as an individual) respond to the variations of the lottery throughout your lifetime can have a dramatic impact on the outcome.
I think the show is on at 10:00 PM Eastern. I'm sure it will air again if you miss it.
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Thanks for the reminder - I knew this was coming, but couldn't remember when.
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07-09-2013, 01:23 PM
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#4
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Full time employment: Posting here.
Join Date: May 2011
Location: Twin Cities
Posts: 523
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Quote:
Originally Posted by rodi
cool. Added it to my tivo queue. (Love the ability to do that online.)
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Or even better - from my smartphone app.
Thanks for the heads up on the show
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07-09-2013, 02:06 PM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 33,975
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I like Frontline but not Moyers so I'm not sure if I'll watch it.
'
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If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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07-09-2013, 02:13 PM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2011
Location: NC Triangle
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My DVR has the marching orders - thanks!
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07-09-2013, 02:20 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Feb 2012
Location: Northern Ohio
Posts: 3,010
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Quote:
Originally Posted by pb4uski
I like Frontline but not Moyers so I'm not sure if I'll watch it.
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My thoughts as well. I'll TiVo it, then after seeing what people say here, either erase or watch it.
I used to watch lots of PBS. Sadly, there is less and less I can stomach. I used to love Nova and Nature, but these days too many of these shows spend the last 5 minutes (or more!) on a sermonette concerning some perceived evil or another.
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07-09-2013, 02:20 PM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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Location: NC
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I have my DVR set to record it as well. Might be interesting to see actual footage of the two families from 1991 and intervals since to present, though it's pretty obvious how it plays out. Not a big Moyers fan (mostly handwringing-problems without offering viable solutions), if I don't think it's worthwhile, not afraid to hit delete. In the runup to this story, he asked a expert for a solution, and the guest said 'increase minimum wage to $15/hr...'
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Retired Jun 2011 at age 57
Target AA: 50% equity funds / 40% bonds / 10% cash
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07-09-2013, 02:53 PM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
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I will likely watch, or at least record for later. Generally a fan boy of PBS; before cable, it was the only place I could catch history, science, etc. Other outlets for that now, but it's still a frequent landing spot in the wasteland of programming that is "television"...
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Have Funds, Will Retire
...not doing anything of true substance...
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07-09-2013, 03:30 PM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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Location: Northern IL
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Quote:
Originally Posted by HFWR
I will likely watch, or at least record for later. Generally a fan boy of PBS; before cable, it was the only place I could catch history, science, etc. Other outlets for that now, but it's still a frequent landing spot in the wasteland of programming that is "television"...
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I'm surprised you were able to post that w/o the Zappa reference
-ERD50
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07-09-2013, 04:25 PM
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#11
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Recycles dryer sheets
Join Date: Jul 2013
Posts: 156
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Quote:
Originally Posted by nvestysly
Bill described how much of life is a lottery. I don't disagree but I feel strongly that how you (as an individual) respond to the variations of the lottery throughout your lifetime can have a dramatic impact on the outcome.
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I agree. There are certainly luck involved in life but there are also many choices that can lead to different outcomes.
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07-09-2013, 04:56 PM
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#12
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Thinks s/he gets paid by the post
Join Date: Mar 2013
Location: Western US
Posts: 1,083
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TiVo? I will have to program my pre-Y2K VCR and watch on my CRT TV.
FF and my pea shooter take care Moyers or any others who excite my Elvis alter ego.
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07-09-2013, 08:33 PM
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#13
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
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Quote:
Originally Posted by ERD50
I'm surprised you were able to post that w/o the Zappa reference
-ERD50
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Have issues posting youtube from my phone.
Feel free to link to "I am the slime"...
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Have Funds, Will Retire
...not doing anything of true substance...
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07-09-2013, 08:47 PM
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#14
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Thinks s/he gets paid by the post
Join Date: Aug 2012
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45 minutes into this, I'm feeling like one very lucky duck. Yes, I've seen things both families have done that I wouldn't have (like sending your kid to an out-of-state college), but both have had more than their share of bad luck. We were always fortunate to have jobs that had benefits, which can be the difference between financial ruin or a $75 emergency room co-pay.
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07-09-2013, 08:53 PM
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#15
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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Quote:
Originally Posted by HFWR
I will likely watch, or at least record for later. Generally a fan boy of PBS; before cable, it was the only place I could catch history, science, etc. Other outlets for that now, but it's still a frequent landing spot in the wasteland of programming that is "television"...
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Television is a living thing. Witness the evolution of TLC from "The Learning Channel" to "The Loser Channel". From Paleoworld to Here Comes...I can't say it. Aargh!
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"Good judgment comes from experience. Experience comes from bad judgement." - Anonymous (not Will Rogers or Sam Clemens)
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07-09-2013, 08:58 PM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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Quote:
Originally Posted by harley
Television is a living thing. Witness the evolution of TLC from "The Learning Channel" to "The Loser Channel". From Paleoworld to Here Comes...I can't say it. Aargh!
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+1000
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Have Funds, Will Retire
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07-09-2013, 09:31 PM
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#17
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Recycles dryer sheets
Join Date: Apr 2013
Location: Jacksonville
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I found it very interesting. For a minute there it looked like they weren't going to tell how all of the children ended up, which was one of the biggest things I was interested in. A lot of it hit really close to home for me.
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07-09-2013, 09:45 PM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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While I found it interesting, I was not overly sympathetic. Both families made some bad choices which worsened their financial situations, and some of their children are making similarly bad choices to perpetuate their bad finances. Overall, I was not too impressed with the show. None of it hit home for me. If you don't end up watching it, you are not missing much.
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Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.
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07-09-2013, 09:57 PM
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#19
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Full time employment: Posting here.
Join Date: May 2011
Location: Marco island
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Quote:
Originally Posted by SumDay
45 minutes into this, I'm feeling like one very lucky duck. Yes, I've seen things both families have done that I wouldn't have (like sending your kid to an out-of-state college), but both have had more than their share of bad luck. We were always fortunate to have jobs that had benefits, which can be the difference between financial ruin or a $75 emergency room co-pay.
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+1
I feel very fortunate. We worked very hard but I always felt like we were making progress unlike these folks.
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07-09-2013, 10:25 PM
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#20
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Recycles dryer sheets
Join Date: Dec 2006
Posts: 226
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I found it incredibly sad. These were very dedicated family oriented salt of the earth people with the "right" work ethic. Yes these people made ~some~ bad choices, but who among us hasn't? I know there are things that we did that, with 20/20 hindsight, were stupid or wrong or not well thought out. But thankfully we never faced real financial hardship or ruin. Some of that is just pure luck, or bad luck for some.
I find it scary for my ds & dil (both college grads) and my 3 grandchildren. Falling into poverty is just hairs breath away, even tho they live on a very careful budget. I came from poverty, but I never feared it as a possibility. Losing our middle class affects us all in a negative way.
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