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| There are now more poor people in the United States & Europe than there are in China (Page 3/5) |
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2.5
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OCT 21, 03:44 PM
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| quote | Originally posted by jaskispyder:
Certainly... but here in the US.... hard to live on Ramen Noodles.... not impossible.... but hard  |
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Thats the thing about global economies, countries are different so it doesnt work out so well when we "go global".
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82-T/A [At Work]
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OCT 21, 03:58 PM
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Come on guys, this is totally ridiculous... stop the conversation right here...
China always underreports these kinds of things. There is a HUGE portion of their population that doesn't even have power and still lives in mud huts.
The United States stretches and alters the reporting too on tons of things... but even then, we are eons more honest than China is about their society.
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E.Furgal
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OCT 21, 04:26 PM
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| quote | Originally posted by jaskispyder:
Jobs have left this country... outsourcing destroyed the middle class and you blame Obama. Companies would rather pay someone $1/hour to assemble their product... would you work for $1 / hour? Instead of companies making smaller profits and paying a good wage, they pay nearly nothing in wages and make billions and pay management millions. But you blame Obama...
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outsourcing, ya Clinton and his wonderful trade act.. put the final nail in the job market..
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E.Furgal
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OCT 21, 04:30 PM
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| quote | Originally posted by 82-T/A [At Work]:
Come on guys, this is totally ridiculous... stop the conversation right here...
China always underreports these kinds of things. There is a HUGE portion of their population that doesn't even have power and still lives in mud huts.
The United States stretches and alters the reporting too on tons of things... but even then, we are eons more honest than China is about their society.
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China lie!!! say it aint so..
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Stubby79
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OCT 21, 04:51 PM
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| quote | Originally posted by 82-T/A [At Work]:
China always underreports these kinds of things. There is a HUGE portion of their population that doesn't even have power and still lives in mud huts.
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Yeah, but they don't have any debt (mortgage) on that mud hut!
A mud hut in these parts would still cost me a couple of years wages...
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Rickady88GT
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OCT 21, 05:01 PM
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| quote | Originally posted by jaskispyder:
Devious? Wouldn't starting two UNFUNDED wars based on ... well, some would say... lies... be more devious? Just saying...
Frankly, I think Obama is happy to see people working again and the country starting to turn around. Wouldn't any sitting prez be happy about that?
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If this was not so serious it would be funny.
Bush, protected us from more attacks. We were so strong at the time they could not.
Now see what Obama' s strategy is doing. He is a laughing stalk.
The irony in the "recovery" is that the dems are selling the debt ceiling increase with the punch line of "we have to barrow more money to pay back the money we borrowed". Yah,,,, that is a recovery
But feel free to keep blaming Bush, not like you are the only one doing it. obama is as guilty as anyone and all you do is blame Bush.[This message has been edited by Rickady88GT (edited 10-21-2015).]
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yellowstone
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OCT 21, 05:33 PM
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| quote | Originally posted by E.Furgal:
many, and much more than the media and the wall street talking heads want to admit, don't live constantly in debt..
We learned in 2007-8-9 , it can bring you to your knees, no one I know, had debt, other than a mortgage, and maybe a car loan.. unlike back then when almost all of us had a bunch of c-cards with somewhat large balances.. |
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I can tell you as a relatively recent arrival (2008) to the US that I was and still am amazed with what non-chalance Americans regard debt. Hardly anyone we know here doesn't have a huge mortgage, a car payment, credit card debt etc.
I couldn't sleep at night with debt like that. It's a whole different mindset to what I'm used to and what I was taught growing up. Cultural differences, I guess...
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TK
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OCT 21, 05:56 PM
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| quote | Originally posted by Formula88:
That's because the norm in the US is to live constantly in debt. |
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Agreed but after 2008 the savings rate of Americans has risen to the point that the economy sees the money as being hoarded. It bugs me that we have to be heavy consumers to the point of crushing debt to drive the economy. I guess it's better than an strong war economy where we destroy stuff and replace it.
But at some point consumers will relax and start to buy again. Problem is no one knows how to make that happen now because we need it - now.[This message has been edited by TK (edited 10-21-2015).]
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FriendGregory
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OCT 21, 06:07 PM
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jaskispyder
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OCT 21, 09:17 PM
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Bush created a breeding ground for ISIS. You feel safe under the patriot act? How about stripping down to fly? Yeah, thanks to Bush, we are so much safer....
The recession started under Bush... Who else would we blame? Oh yeah... The guy that came in after.... Lame.
| quote | Originally posted by Rickady88GT:
If this was not so serious it would be funny.
Bush, protected us from more attacks. We were so strong at the time they could not.
Now see what Obama' s strategy is doing. He is a laughing stalk.
The irony in the "recovery" is that the dems are selling the debt ceiling increase with the punch line of "we have to barrow more money to pay back the money we borrowed". Yah,,,, that is a recovery
But feel free to keep blaming Bush, not like you are the only one doing it. obama is as guilty as anyone and all you do is blame Bush.
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[This message has been edited by jaskispyder (edited 10-21-2015).]
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