Where is the US economy headed?

@cicerone imposter,

I only said that those posts were reasonable reasons, using reasonable in the fm manner, for denying you the suffrage.

I didn't say you should be. I feel sure that if Mr Obama were to announce a retrospective surcharge on foreign travellers at, say $100 a trip, you would vote for the arse. To cover certain costs which the travellers had not been asked to pay but which were nevertheless incurred out of general funds.

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Quote:

For men who work full-time and year-round, inflation-adjusted median earnings fell about 2.5 percent between 2010 and 2011, to $48,202, according to the Census Bureau. For women working full-time, the median, or midpoint, of annual earnings also fell by about 2.5 percent, to $37,118.

http://lifeinc.today.com/_news/2012/09/14/13848108-women-face-stubborn-wage-gap-as-wages-fall-for-everyone?lite

wages fall 2.5% in one year several years into an alleged recovery??!!

THAT folks is significant.

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@hawkeye10,

We make more than those averages in retirement from our investments and social security - with less tax liabilities.

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@cicerone imposter,

cicerone imposter wrote:

We make more than those averages in retirement from our investments and social security - with less tax liabilities.

do we need to have another conversation about how spoiled and out of touch you are with life as most Americans live it?

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@hawkeye10,

The rich need to make more jobs that pay less.

How else are they going to get rich?

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@hawkeye10,

No; been there, done that! We come from very modest backgrounds, and when we were children, we were required to work in the country to harvest fruit. It was hard physical work, and my two brothers and I understand poverty very well.

We earned our education, and all had successful careers.

What's your problem?

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@cicerone imposter,

Quote:

No; been there, done that! We come from very modest backgrounds

Your postings that I have seen indicate that you have forgotten. My problem is that the outlook you present here for the American economy is skewed because you are no longer in touch with the common life experience of Americans, you do not come close to understanding how badly this economy is fucked and how much this fucked economy causes pain to Americans. The desperation and tears are attempted to be hidden for many reasons and by many people on purpose, but you are a smart guy, you should know better. You should be able to see better than you do.

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@hawkeye10,

Your problem is that you blame the wrong people for the fucked up economy. Bush, Cheney, and a republican government spent 8 years ******* up everything but you blame the present president for not correcting it in 3 years. There is no curing stupid.

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@RABEL222,

RABEL222 wrote:

Your problem is that you blame the wrong people for the fucked up economy. Bush, Cheney, and a republican government spent 8 years ******* up everything but you blame the present president for not correcting it in 3 years. There is no curing stupid.

I am not a Repub and do not support the Repubs. Ditto for Dems.

I blame Obama for not attempting to fix anything. All he has shown an interest in doing is financing very expensive band-aids with debt and lying to the American people in the hopes that he can get four more years for himself.

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@hawkeye10,

Not totally true; you need to understand what's happened in congress with the tea party and GOP. Once you "study" this issue, come back and tell us Obama has not done anything.

Start with what McConnell said during Obama's first term; you'll get a hint of what's happened from the very beginning. If you think you could have done better under similar circumstances, please run for president as a democrat. Watch what you promise.

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@cicerone imposter,

Quote:

Not totally true; you need to understand what's happened in congress with the tea party and GOP. Once you "study" this issue, come back and tell us Obama has not done anything.

Start with what McConnell said during Obama's first term; you'll get a hint of what's happened from the very beginning.

I agree with a lot of what you post and I think I agree with what you are saying here but my memory fails me often unlike most who have good memories but I will take a guess at what you are saying and that is that the republican party from the beginning wanted to see Obama fail. If this is what you are implying then yes it does seem to be correct.

Quote:

No; been there, done that! We come from very modest backgrounds, and when we were children, we were required to work in the country to harvest fruit. It was hard physical work, and my two brothers and I understand poverty very well.

We earned our education, and all had successful careers.

This hard labor that you had to endure probably gives you a somewhat idea of what poor and even much more important "what the intellectually challenge have to deal with.

I think a good sociology experiment would be to try and imagine having to continue that hard labor for a life time because your were not as witted as you currently are.

People say that they have been to college so they deserve what they got. Do you think that a person who was either environmentally challenged or intellectually challenged deserves to work under others for a life time and live in the slums that they he/she lives in because we are not not willing to bring to light a better concept of morality?

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@reasoning logic,

ci. talks through his pocket rl. Morality has nothing to do with it.

Quote:

because your were not as witted as you currently are.

He "didn't do that". Wealth was pouring out of an unexploited land. Amoral robber-barons built America. Jay Gould types.

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@spendius,

Quote:

Wealth was pouring out of an unexploited land.

Are you suggesting that there has been some lands in modern time that have not been exploited?

What do think about Peter Schiff's evaluation?

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@cicerone imposter,

Quote:

Not totally true; you need to understand what's happened in congress with the tea party and GOP. Once you "study" this issue, come back and tell us Obama has not done anything

the GOP and the Tea Party have nothing to do with Obama's refusal to attempt reforms while there was still time, before the crash and depression. Once Obama became a lap dog for the big banks and the underground banking system (hedge funds, debt traders, currency traders and so forth) his goose was cooked. Obama from the very first moves traded away his ability to go after the corporate class like FDR did. He picked the wrong horse.

Now we are stuck with having one of two wrong guys in charge for the next four years because the political system is corrupt and broken, which is the same problem that caused Obama to go down the wrong road. The greed and general immorality of the top few percents of the wealth holders is the problem, not the GOP, and no way in Hell are the Dems the antidote because they are just as broken and corrupt at the other side.

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@hawkeye10,

Quote:

The greed and general immorality of the top few percents of the wealth holders is the problem, not the GOP, and no way in Hell are the Dems the antidote because they are just as broken and corrupt at the other side.

Amen preacher. What church do you attend? Maybe I should consider visiting it. Wink

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@hawkeye10,

Maybe I have you all wrong but I think that you may agree with a lot of Gerald Celente's Philosophy. Am I wrong?

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@reasoning logic,

Quote:

Maybe I have you all wrong but I think that you may agree with a lot of Gerald Celente's Philosophy

not sure who this person is. My view is that the economic system has been becoming increasingly unfair, imbalanced and immoral for several decades, and that the elites both understand this and refuse to even admit it. The attempts to prop up the failed regime have over time gotten more desperate, that is to say more risky and more immoral (and more expensive financially but that will not matter because after the crash debts will vanish as the new world order replaces the old). Reaganomics was the first sign of how much trouble we are in but I was not convinced that we had gone off the rails till I watched Bill Clinton fall in line with the corporate class authored bamboozle of globalization (which puts the power with those who hold wealth rather than those who are chosen by the people in elections). Our last chance to avoid doom was 2009, but the world lacked the political leadership to get it done. Obama being a failed leader was the nail in the coffin, though he was always a "hail Mary" pass.... we elected a person we did not know and who had almost no record because all of the other choices were worse.

The elites having completely failed us (most notably by refusing to uphold our values, but lacking basic competency and refusing to be truth tellers are huge too) the only outcome is crash and revolution, the order in which these happen has yet to be determined.

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@hawkeye10,

I hate to say it but I think you may be correct. I am not exactly sure if everyone who we may think is guilty, "is actually guilty because I think that many of them seen this coming a long time ago and had no better solution than to prolong the events to come, hoping that science or luck may find a fix or they just could not bare the reality of what was to come.

I am sure that I could be wrong and they could have all been evil so to speak but I like to think that some of them may have had no better plan to solve the problem.

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@reasoning logic,

at this point the only way to avoid the outcome I outline is if we invent a cheap low pollution energy source in time to prop up the current regime. the chances of this happening are about nil.

delay, lie and pray has been the SOP of the elite for some time now. They never had this right. Our future belongs to us, our future is our choice, not that of the elite. We spent a lot of time and blood trying to teach this lesson to the elites a few hundred years ago, and now we will have to do it again. till this point the masses have been largely kept in line with fear-up manipulation programs and garden variety propaganda , but this will not continue to work much longer.

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@hawkeye10,

Quote:

outline is if we invent a cheap low pollution energy source in time to prop up the current regime. the chances of this happening are about nil.

Hawkeye natural gas supplies had gone up and prices had gone down by a factor of 4 or so of late and that seem fairly cheap and such oil resources as Canadian oil sands are beginning to flow in meaningful amounts and if we decide to get our fingers out of our rear ends we could greatly increase our supply of nuclear power within ten years of making that decision just in time to have electric cars with batteries or super capacitors that would be far better then what we have now.

Then you have the wild cards such as finding ways to turn grass lands into an endless supply of alcohol and no corn or sugarcane needed.

Or fusion research could pay off big time for that matter.

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Where is the US economy headed?

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