41 million Americans can't make ends meet

Quote from 1flyfisher:

Do you understand what the word illegal means? It means they DON'T have the right to stand on the street looking for work.
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Ok, they don't have the US legal right but I still won't blame them. Many of them are staying legally in the country.

Let me clue you in to what many illegals receive wage wise, ....those illegals you see standing around street corners.
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I don't need a clue, I know the places in NJ where it is allowed by the townships. It's not 7-11s but 6-12s, and that's not a typo. These spots are CHEAP labor, cheaper than the standard rate so I don't know where you are going for yours. It does not even make sense, because if they are charging so much, what is the going rate by the "legit" workers?
From what I remember, there is usually a crowd of 10-20 guys, and you treat it like an auction. Sometimes there are only a few guys because a big job came that day and they get more bargaining power.
 
In capitalism, If everything is expensive, its because a lot of people can afford to buy things.. In a supply side economy, a Trade deficit is a Good sing (just take a look at the past 27 years). if 41 million americans can't meet their ends, is cause their OWN FAULT going into Big debts with refinancing mortgages etc etc to buy a new toilet. BTW, I can bet that half of those 41 milliones are african americans and people with welfares.

Almost everybody in this country have a SUV, and spend over 100 dollars a week on Gas.. then complain

lower income people, tend to live beyond their limits (that's why they are poor, black kids under welfare buying a 300 dollars Nike footwear .. its they'r won fault.

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may I ask you something???

can you bring some REAL numbers about "how many europeans and Asians can make ends meet"??

you will be surprise.
 
3. and 4. moron president. i voted for him, but I didn't think he was going to spend like a drunken sailor. He does need to go. Too bad there is not a great replacement for him. Its just the lesser of two (or twenty) evils.

The only problem with a fair tax system is that the morons in the white house and congress will spend all that money before it comes in. We need accountability in government. Which will never happen. You cannot spend your way out of a fundamentally flawed situation. [/B][/QUOTE]

i think what happens is b/c the presidency is a 4 year term, so any joker that gets elected says to themselves since they only have 4 years to be in charge they may as well use up every cts & more available
 
there's a big correlation between debt and wealth.

IF you have a Business and need money to growth, you will use you'r own money OR will ask for a loan or credit line with you bank?

When you Buy a Home, are you getting poor or richer?. 99% of people in the world buy their home with debt.

there's two kind of debt.. good debt and bad debt.

The account deficit its about 1 or 2% our GDP, a very historically low leve and our total debt is around 65% our GDP (under roosevelt was about 110% our GDP).

IF you take a look at some europeans countries you'll be in shock. Italy have a 114% debt their GDP, portugal and Japan over 154% their GDP and france and germany have near 70% their GDP on Debt.

The Big difference with both kind of debt (usa vs europe) is that europe debt is based on social welfare and the usa debt is based on productivity (yeah, even war is a BIG financial provider).

Over the long run, USA is in better position than most of the rest of the industrial countries. the Chinese know this, and the arabs etc etc.

in a supply side economics, debt is NOT a problem. europe dont have a supply side economic model, they are socialists.

WE have BIG problems, its true.. but at least for now, and for the last 27 years, nothing its out of hand.

BTW some of you guys has been in china??? i went this summer, and guess what?, china is just a BIG factory from the economic point of view.

The problem with the american society is that 90% of the pople in this country dont spend a penny to travel outside. we tend to dramatize everything.

in the 30;s and 40's it was the end of the world
It didn't happen

in the 70's 80' and 90' was the end!!, it didnt happen

after 911 and the 2000 recession, america was on the verge of hell.. It didnt happen.

now, we have a economic slowdown and its the end.. we are in debt and putin will kill us..

the fact is that, we has been on debt for the last 70 years, and guess what.. this is how we became a super power.

nobody will become RICH without debt's (with smart debt's).. and war, like it or not.. is part of the "good debt".
 
I know some poor people. They have just never given a rat's ass about money, one guy gets some retirement from the Navy and another one is a super academic type and "just goes all hazy concerning money"... helping people like that is stupid, maybe on a personal level it's fine but using the public sector money is stupid, they don't work, they don't invest, etc. I just don't see it as my problem at all... I'm pretty much a white person really, I would much rather see stats on how white people are doing, it would have meaning to me. What do I care if a zillion Jessee Jacksonites that can't wait to cash in on the race issue can't get jobs? Maybe Fox News would be breaking these stats down by race....
 
The knee-jerk reply of the redneck brigade is very beguiling ( bash the poor for being - well poor ) and a bit like nationalism ( bash the foreigners ) - too stupid.
What they don't see is that every dollar handed out to the 41 million would be spent and soon. That's a huge boost to the consumer industry etc,- more and even more for the already rich too!!!!!!!!
Take a look at history - this situation is nothing very new, just new twists to an old story.
Europe was the new dynamic world vis a vis China and India in the 19th century. America was the new dynamic world vis a vis Europe in the 20th century and now ...........
China and India have the dynamism and have leap frogged Europe and the USA.
If we are to compete we need to change politically and economically and adapt to the new circumstances.
Guys with good ideas should be encouraged. Rednecks well - into history's dustbin and sooner the better - your'e holding the rest back - YA BUMS!!!!!!!!!!!!
 
Quote from Humpy:

The knee-jerk reply of the redneck brigade is very beguiling ( bash the poor for being - well poor ) and a bit like nationalism ( bash the foreigners ) - too stupid.
What they don't see is that every dollar handed out to the 41 million would be spent and soon. That's a huge boost to the consumer industry etc,- more and even more for the already rich too!!!!!!!!
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There will always be poor people, because there will always be rich people. Can't have one without the other, because even if you evened it all out, some people have the drive and would figure out a way to get more. And others are happy not trying so they accept less.

Giving out money so they spend is not the best plan. Where does that money come from? They tax us more and they start the printing presses causing inflation and causing the money we do have to be worth less. is that really the best answer?
 
Quote from rubibond007:


When you Buy a Home, are you getting poor or richer?. 99% of people in the world buy their home with debt.
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did you make up that number? even in the usa, where mortgages are common, it's not 99%.

in some places such as asia it's uncommon to buy homes with debt. people save up then pay cash.
 
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