Having more material things does not make one better off even if you do have them, our security level is much lower, due to the Iraq war, and Bush's interior policies and the environment is worse than it was, two very important factors to me in my well being, I also have less money so either way this administration is a big bust
The Fed's decisions to lower interest rates and increase the money supply are what is leading to the current upswing in inflation. This has nothing to do with "States Decisions."
Your job comment is ridiculous. Should these displaced middle-classers go work at McDonald's? Because $6.85 an hour is not going to pay a rip-off mortgage and little Timmy's insurance premiums.
The quality of work that can sustain a middle class is tapped out to capacity. The only solution is to again restore this sector.
... that the first economic policy initiative of the Bush Administration on taking office was to create a recession by announcing one. The "solution" was their next major economic initiative, a tax reform package designed to remove the last remaining tax liabilities from the wealthiest Americans, most of whom now pay little or nothing.
In the aftermath of 9-11, the Bush Administration created today's mortgage crisis by assuring that adjustable rate mortgages were readily available with no down payment and zero to 1% (initial) interest to all Americans, turning overpriced real estate into worthless securities backed by uncollectable debt. The net result? Hundreds of billions stolen from U.S. trading partners overseas who purchased the worthless paper in good faith, and the transfer of hundreds of billions worth of foreclosed property to U.S. corporate investors who can well afford to wait as long as it takes for real property values to rise.
Then of course the Bush crew started a permanent war of conquest and colonial occupation, paid for by the simple expedient of selling what's left of U.S. financial institutions to China and Saudi Arabia. When the influx of foreign capital started to dry up, the Bush people started dumping hundreds of billions of new dollars (= counterfeiting) into the economy, to keep the financial engine turning at the expense of hyperinflation and an economic crash that will happen early in the next President's term.
People who think the Bush administration has failed, simply don't know what the Bush administration's objectives are. From the theft of the 2000 election to today, they have been brilliantly successful at doing the job their backers installed them to do.
The big picture makes all too much sense: Step one, shift as much capital as possible into the hands of favored corporate and private supporters of the NeoCon social reform package, a.k.a. the establishment of a Fascist totalitarian regime in the United States. Step two, create runaway inflation, which in real life is a progressive tax hitting the lower income brackets by slashing the value of their assets, which are in the form of dollars, not property with intrinsic value. Objective three, cause an economic crash and Depression to justify the assumption of "temporary emergency powers" that will never go away.
Oh, and here's a news flash: This policy agenda is a seamless continuation of a program which was started under Bill Clinton and which Hillary fully expects to complete. Under DemoPublican rule, the U.S. has a de facto one party system under the control of as few as 100 corporate and private players. They may have their differences, but they agree that the evolution of the world economy is eroding the dominant role of the United States, and they stand united in their resolve to prevent this by any means necessary. Their philosophy: "It is better to be a King in Hell than a Stooge in Heaven".
You do realize that most presidents in the last 40 years have done a lot to add to deficit spending, on top of that, if you don't have a job its because you haven't gotten off your ass to get one. Btw most people instantly blame the president for issues, guess what... he doesn't control everything. Many economic issues have to do with states and their governments.
Keynes said you should engage in deficit spending when the threat of a recession loomed, and that deficit spending was supposed to be on public goods such as infrastructure, education, healthcare, and welfare.
Keynes did NOT advise deficit spending for the purpose of entering a recession as Bush has done.
The fact that I am leery of Hi def tv (and the attendant cable bills), have a good job, substantial part time income, insurance, 2 beautiful children who are developing into good students, a solid budget, and no credit card debt, has nothing to do with Bush or any other beltway bonehead.
This poll is sort of pointless I agree. I do have a good job and a nice TV but that is only because I work my ass off. It has nothing to do with Bush or the state of the economy.
Any online survey is, of course, unscientific by virtue of a self-selecting sample. So, you could say all of these surveys are "worthless." But we're not pretending to be Gallup here.
This is a worthless survey. How many people who would pick the second and third answers don't have computers, or the internet, or spend their time reading political websites?
Thoughts
Material wealth?
Submitted on March 31st, 2008 by AnonymousHaving more material things does not make one better off even if you do have them, our security level is much lower, due to the Iraq war, and Bush's interior policies and the environment is worse than it was, two very important factors to me in my well being, I also have less money so either way this administration is a big bust
worthless?
Submitted on March 28th, 2008 by AnonymousYeah and we probably have someplace to sleep as well, we must be really well off.
I am not sure a TV of any sort is really a sign of having it made.
Sadder
Submitted on March 20th, 2008 by AnonymousThe Fed's decisions to lower interest rates and increase the money supply are what is leading to the current upswing in inflation. This has nothing to do with "States Decisions."
Your job comment is ridiculous. Should these displaced middle-classers go work at McDonald's? Because $6.85 an hour is not going to pay a rip-off mortgage and little Timmy's insurance premiums.
The quality of work that can sustain a middle class is tapped out to capacity. The only solution is to again restore this sector.
Fact of the matter is...
Submitted on March 18th, 2008 by Anonymous... that the first economic policy initiative of the Bush Administration on taking office was to create a recession by announcing one. The "solution" was their next major economic initiative, a tax reform package designed to remove the last remaining tax liabilities from the wealthiest Americans, most of whom now pay little or nothing.
In the aftermath of 9-11, the Bush Administration created today's mortgage crisis by assuring that adjustable rate mortgages were readily available with no down payment and zero to 1% (initial) interest to all Americans, turning overpriced real estate into worthless securities backed by uncollectable debt. The net result? Hundreds of billions stolen from U.S. trading partners overseas who purchased the worthless paper in good faith, and the transfer of hundreds of billions worth of foreclosed property to U.S. corporate investors who can well afford to wait as long as it takes for real property values to rise.
Then of course the Bush crew started a permanent war of conquest and colonial occupation, paid for by the simple expedient of selling what's left of U.S. financial institutions to China and Saudi Arabia. When the influx of foreign capital started to dry up, the Bush people started dumping hundreds of billions of new dollars (= counterfeiting) into the economy, to keep the financial engine turning at the expense of hyperinflation and an economic crash that will happen early in the next President's term.
People who think the Bush administration has failed, simply don't know what the Bush administration's objectives are. From the theft of the 2000 election to today, they have been brilliantly successful at doing the job their backers installed them to do.
The big picture makes all too much sense: Step one, shift as much capital as possible into the hands of favored corporate and private supporters of the NeoCon social reform package, a.k.a. the establishment of a Fascist totalitarian regime in the United States. Step two, create runaway inflation, which in real life is a progressive tax hitting the lower income brackets by slashing the value of their assets, which are in the form of dollars, not property with intrinsic value. Objective three, cause an economic crash and Depression to justify the assumption of "temporary emergency powers" that will never go away.
Oh, and here's a news flash: This policy agenda is a seamless continuation of a program which was started under Bill Clinton and which Hillary fully expects to complete. Under DemoPublican rule, the U.S. has a de facto one party system under the control of as few as 100 corporate and private players. They may have their differences, but they agree that the evolution of the world economy is eroding the dominant role of the United States, and they stand united in their resolve to prevent this by any means necessary. Their philosophy: "It is better to be a King in Hell than a Stooge in Heaven".
Sad
Submitted on March 10th, 2008 by AnonymousYou do realize that most presidents in the last 40 years have done a lot to add to deficit spending, on top of that, if you don't have a job its because you haven't gotten off your ass to get one. Btw most people instantly blame the president for issues, guess what... he doesn't control everything. Many economic issues have to do with states and their governments.
Keynes said you should
Submitted on March 7th, 2008 by AnonymousKeynes said you should engage in deficit spending when the threat of a recession loomed, and that deficit spending was supposed to be on public goods such as infrastructure, education, healthcare, and welfare.
Keynes did NOT advise deficit spending for the purpose of entering a recession as Bush has done.
Go Bush!
Submitted on March 5th, 2008 by AnonymousOh wow, deficit spending makes the economy better?
Thanks for the insight Keynes.
right
Submitted on March 1st, 2008 by Anonymousnothing that bush or congress or supreme court does has even the most minute impact on anyones life. it all you. and your ego.
Well said and ditto.
Submitted on February 27th, 2008 by AnonymousWell said and ditto.
None of the above
Submitted on February 26th, 2008 by dotsThe fact that I am leery of Hi def tv (and the attendant cable bills), have a good job, substantial part time income, insurance, 2 beautiful children who are developing into good students, a solid budget, and no credit card debt, has nothing to do with Bush or any other beltway bonehead.
The past four years.
Submitted on February 26th, 2008 by BrentonThis poll is sort of pointless I agree. I do have a good job and a nice TV but that is only because I work my ass off. It has nothing to do with Bush or the state of the economy.
Most polling is bunk anyways
Submitted on February 26th, 2008 by Chuck_JohnsonIt all matters how you frame the questions to get what you want.
Well, it depends on what you mean by "worthless"
Submitted on February 25th, 2008 by BenAny online survey is, of course, unscientific by virtue of a self-selecting sample. So, you could say all of these surveys are "worthless." But we're not pretending to be Gallup here.
This is a worthless survey.
Submitted on February 25th, 2008 by earlboomsThis is a worthless survey. How many people who would pick the second and third answers don't have computers, or the internet, or spend their time reading political websites?