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Originally posted by dooper
This is a trick question, no?
This is no one liner.
Originally posted by ~Lucidity
to preface, the obama comment is so out of line it isn't even funny. (if i read that right.) what freaking kind of difference would 6 months make to a snowball that is now an avalanche that has been building since the 1980s (recent history that is)? i for one would love to see this partisan hackery and bashing STOP. it's doing no good. realize that one "party" is as bad or no virtually the same as the other when it comes to pandering and greed and ineffectivesness, with minor social and economic differences that fool some of the people all of the time..
hell no...been steadily and rapidly sinking for at least 4 years now (though it really all started in 1991 as near as i can recollect, with a few faux "good" years in there for some reason). i personally believe killing the unions and shipping jobs offshore started this snowball from hell running. and giving the banking and financial and fuel industries free reign iced the cake,
just look at how much everything costs for one thing. a loaf of bread is three dollars and a gallon of milk is almost five. prices for everything you can buy go up "due to fuel surcharges" and never come back down.
and then of course you lose your job and can only find one that pays half of what you used to make. and still have to pay exorbitant insurance costs...health, car, home, and utiltiies and college tuition. way, way worse off.
even the money we saved for some of this is flowing out like a pierced artery. and the interest rates they pay for savings are a freaking joke compared to what they make on our money. and don't get me started on the 401K and money markets and mutual funds we were led by the nose and often forced to invest in that lost my money and then some.
the working person gets it from all directions. pay taxes on income, pay surcharges, double taxation on spending, pay increased medical costs because others don't pay, pay more for fuel because capitalistic companies have a monopoly on something they have MADE us dependent on and oh no they can't take a business risk and less profit and then when they get in trouble who bails THEM out?
i think they want us all at rock bottom so that we have to start from scratch.
i will say though, there are some people who made some decisions (consciously or not) that are probably in better shape today...like those still of an age to have their well-paying jobs (haven't been axed because of age and closeness to retirement) who are picking up some sweet deals on homes and property now. but their time will come too.
along these lines, as an aside, do you think there is one particular middle class demographic that is getting hit harder than others? i swear that all my life, as a tail-end baby boomer, JUST as i get to the point where i should begin to reap some benefits of 25 years or 32 years of hard work, or just as i should qualify for something that's been in place for a generation or two, it's yanked away. sorry this last part was a pity me, semi-rant. but i really am about to just give UP.
p.s. as for the living with less comments? sure. a lot of us have been...some out of choice some out of good planning and prescience and some because there is no choic...but that's also sure not stimulating the economy or anything but our imaginations. is that a double-edged sword there?
[edit on 8-7-2009 by ~Lucidity]
Originally posted by Southern Guardian
Regardless of who came in as president or what policies were to be implemented this financial crises will be in for the long run. It took 8years of rightwing "fiscal responsibility" to get us to this mess (for example waging a war of lies while giving out $1 trillion worth of tax cuts that do squat) its going to take longer than a year to see any improvement.