Yellen's job puzzle: Why are 20-somethings retiring?

[recession2016]

That's where America went wrong soooooo long ago. The government should never have done that. The support policies which were initially intended to be a "hand up" in difficult times, morphed into a parasitic way of life in exchange for votes.

If I were making the rules, "social support" would be "3 hots and a cot". And if that ain't good enough for somebody, they can just get a job and pay for what they want... just like every other non-parasite.

this man's idol must be john d rockefeller

 

[Stewie]

You're talking separate issues... apparently one wrong justifies the other in your mind.

Just how many wrongs make a right?

Sure, they are separate, and I do think people should be forced to learn to be more responsible, and at the same time, the business world should also have to reap what they sow.

But this isn't a perfect world and I do believe they are interconnected. When you look around and see what is happening in the world, see how politicians act and what they can get away with, it doesn't take much mental power to make the connection. During all the protests with regards to Wall Street, lots of banners had slogans such as "where is my bailout". So when the government started bailing out their rich friends, it only made sense that everyone else wanted to line up for a bailout as well.

 

[Scataphagos]

Sure, they are separate, and I do think people should be forced to learn to be more responsible, and at the same time, the business world should also have to reap what they sow.

But this isn't a perfect world and I do believe they are interconnected. When you look around and see what is happening in the world, see how politicians act and what they can get away with, it doesn't take much mental power to make the connection. During all the protests with regards to Wall Street, lots of banners had slogans such as "where is my bailout". So when the government started bailing out their rich friends, it only made sense that everyone else wanted to line up for a bailout as well.

Seems you're comfortable with the notion, "two wrongs make a right". Personally, I'm not.

 

[Stewie]

Seems you're comfortable with the notion, "two wrongs make a right". Personally, I'm not.

I don't think thats accurate at all. I said people should be more responsible, and businesses need to be more responsible. But you haven't once acknowledged that businesses are doing anything wrong and are fully putting the blame on people.

Honestly, most people aren't self aware enough to even have an original thought or action. Most people are the product of mass marketing these days. If there were more examples of the right way to do things, I would imagine more people followed that path. But today, its all about having the newest phone and the most likes on Facebook so that is what people care about the most.

 

[Scataphagos]

I don't think thats accurate at all. I said people should be more responsible, and businesses need to be more responsible. But you haven't once acknowledged that businesses are doing anything wrong and are fully putting the blame on people.

Honestly, most people aren't self aware enough to even have an original thought or action. Most people are the product of mass marketing these days. If there were more examples of the right way to do things, I would imagine more people followed that path. But today, its all about having the newest phone and the most likes on Facebook so that is what people care about the most.

There you go again, defending "two wrongs making a right".

 

[Stewie]

There you go again, defending "two wrongs making a right".

I think that people should learn to be more responsible for their actions and see that there are real consequences of not working hard, such as not having food on the table.

Do you think Wall Street, big business, insurance companies also should have to feel the pain of bad decisions?

 

[Scataphagos]

I think that people should learn to be more responsible for their actions and see that there are real consequences of not working hard, such as not having food on the table.

Do you think Wall Street, big business, insurance companies also should have to feel the pain of bad decisions?

Of course.

 

[Stewie]

Of course.

Perfect.... we agree.

 

[ETcallhome]

has nothing to do with rich/poor, but with logic

higher taxes on the top 10% = less income, less savings = the gap between the poor and rich is lowered

the ET crowd is 60+ year old republicans though, so i can understand the arrogance of the baby boomers, the generation responsible for the tech bubble and the great recession

and how will less income and less savings for the rich help me (or the poor?)

 

[recession2016]

and how will less income and less savings for the rich help me (or the poor?)

it won't help you, but it will lead to more equality among the people of this country

a small minority of people own a majority of assets in this country; are you so forgetful to remember how revolutions are caused? inequality is the spark that lights the fuse

it's like the bubble phenomena - things can only go on for so long until they revert to the normal