"Worst Is Yet to Come:" Americans' Standard of Living Permanently Changed

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Jun 8, 2004
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#23
spending is what got america out of the great depression.
Pretty sure WWI had a hand in it.

That is what we need.. Another world war.. Kill of plenty of people, and we create more jobs manufacturing weapons. (more or less a joke)

There are a lot of things we could do that can help out the situation.

One thing would be to put a cap on gas prices. If gas prices don't start going up again (which they already are), then people have more money in their pockets, and are more likely to spend that money on other shit- stimulating the economy.


Another thing I think Obama should do, is stop showing up every fucking where. He doesn't need to fly to fucking Denver to make a speech. He doesn't need to fly to God damn Canada to convince them the North American trade agreement will still be in effect. Same for all these large companies. It might not seem like that much, but little shit like that adds up. I think anytime we find members of congress going to spas, or big businesses giving out huge bonuses to everyone, they should be taxed hardcore.. Same goes for Obama and members of his cabinet. Leaders need to set examples. What kind of message is this giving? :

WASHINGTON (AP) - When corporate titans indulged in perks like private jets and luxury junkets, members of Congress were quick to criticize. But that hasn't stopped lawmakers from heading for party retreats at resorts where they spend tens of thousands of taxpayer dollars and mingle with lobbyists.

"We're very mindful" of perceptions, House Democratic Caucus Chairman John Larson told reporters Thursday camped outside of the sprawling Kingsmill Resort & Spa in Williamsburg, Va., where House Democrats were on their annual three-day retreat, an event which has in the past cost in the neighborhood of $100,000.
But then again.. What the fuck do I know? I'm just the asshole that is going to have to pay off all this debt.
 
May 15, 2002
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#26
Why should the rich be taxed more? Doesn't make any sense. Don't penalize the rich just because they have money. Those are the thoughts of an angry, bitter broke person.

If they really wanted to stimulate the economy, they should wipe out everyone's debt and erase the credit score system altogether. They should also get rid of high interests. In my opinion, these greedy banks are to blame for a lot of the economic problems.
 
Apr 25, 2002
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#27
Why should the rich be taxed more? Doesn't make any sense. Don't penalize the rich just because they have money. Those are the thoughts of an angry, bitter broke person.

If they really wanted to stimulate the economy, they should wipe out everyone's debt and erase the credit score system altogether. They should also get rid of high interests. In my opinion, these greedy banks are to blame for a lot of the economic problems.
This post is so ignorant I want to rip you a new asshole but I'm too drunk so I'm going to bed. Good night.
 
Apr 26, 2006
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#28
I don't believe in taxing the rich any extra. Why punish success?





Anyways, we are in for a long one. Today's media does make it worse though by creating fear.
 
Mar 20, 2007
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#29
Don't spend money you don't have. Simple as that. If people would not always buy everything without even havin any money, then there wouldn't be this problem.
c/s, we brought this on ourselves. spend spend spend then wonder why we're trillions in debt. the stimulus bill is just going to drive up inflation. obama always seemed like a smart guy to me, i dont know why he thinks we can spend our way through debt. these are scary times.
 
Aug 17, 2004
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No what happened was sometime in the 90's someone decided everyone is entitled to a house. Banks were given bonuses from the government for giving out these loans to people with not so good credit. Which in return brought on lots and lots of people who really can't afford these homes. With all this money on loan with little to no return these big banks could no longer operate thus throwing us into this housing crisis.

it also doesn't help that we have been spending trillions of dollars for this war we are never going to win.
 
May 20, 2006
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#31
What would happen if everybody with a credit debt (credit card, gas card, store card) decided to simply stop paying their bill for a scheduled/coordinated 6 months or just stop paying altogether????????? Who would suffer the most the banks or the people that owe the banks??????? Who would benefit the most, the people breaking themselves from living on credit or the banks that neeed people to live on credit???????
 
Jun 8, 2004
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#32
No what happened was sometime in the 90's someone decided everyone is entitled to a house. Banks were given bonuses from the government for giving out these loans to people with not so good credit. Which in return brought on lots and lots of people who really can't afford these homes. With all this money on loan with little to no return these big banks could no longer operate thus throwing us into this housing crisis.
That would be Democrats.


c/s on the war part too.
 
Nov 24, 2003
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#34
What would happen if everybody with a credit debt (credit card, gas card, store card) decided to simply stop paying their bill for a scheduled/coordinated 6 months or just stop paying altogether????????? Who would suffer the most the banks or the people that owe the banks??????? Who would benefit the most, the people breaking themselves from living on credit or the banks that neeed people to live on credit???????

Our economy would stall if not completely fail, and the unemployment rate of today would look like a godsend.
 
Nov 24, 2003
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#35
Why should the rich be taxed more?


It really doesn't. The most logical and fair application of taxation would be to tax each person equally for the amount of resources and utilities they are consuming/utilizing.

If individual A has 1,000,000 in the bank but lives in the woods in a house and supports his or herself without any public programs etc; they should pay less in taxes than individual B who has 0 in the bank but relies on government assistance, calls the police monthly, and utilizes public programs.
 
Oct 30, 2008
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#36
The economy is fucced up everybody knows that shit, but it is time to take advantage of this fucced up housing market- example I am about to snatch up a 4bd/3bath crib with a pool in a good area for the kids for $172,000 bacc in 2004 this house would of been about 280,000. But alot of fools are loosing those jobs, lets C if Obama can do something to help the economy and if he doesn't it ain't his fault- bad timing.
 
Aug 17, 2004
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Really it can all go back to FDR in creating welfare and social security. Alot of these bullshit freebie programs the government hands out. while on paper they sound great but in reality humans will be humans and will try to manipulate the system for their own personal gain. thus promoting laziness and straight up theft of hard working american tax dollars.

I am all for helping the needy but when I see these fucking mothers with 10 kids living off section 8 collecting free checks and rent with no means to better themselves, yes I get a little pissed off about it. Or adults with fuckin ADD. A FUCKING D D claiming disability. get the fuck out of here.

Welfare is a great idea but thats really all it is an idea. it will never work and is a waste of resources.
 
Nov 1, 2004
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#38
No what happened was sometime in the 90's someone decided everyone is entitled to a house. Banks were given bonuses from the government for giving out these loans to people with not so good credit. Which in return brought on lots and lots of people who really can't afford these homes. With all this money on loan with little to no return these big banks could no longer operate thus throwing us into this housing crisis.

it also doesn't help that we have been spending trillions of dollars for this war we are never going to win.


Thank you Clinton Administration.
 
Nov 1, 2004
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#39
Really it can all go back to FDR in creating welfare and social security. Alot of these bullshit freebie programs the government hands out. while on paper they sound great but in reality humans will be humans and will try to manipulate the system for their own personal gain. thus promoting laziness and straight up theft of hard working american tax dollars.

I am all for helping the needy but when I see these fucking mothers with 10 kids living off section 8 collecting free checks and rent with no means to better themselves, yes I get a little pissed off about it. Or adults with fuckin ADD. A FUCKING D D claiming disability. get the fuck out of here.

Welfare is a great idea but thats really all it is an idea. it will never work and is a waste of resources.




Prime Example