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| The economy, is it good or bad. (Page 9/181) |
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scrabblegod
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AUG 01, 08:44 PM
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Everytime I hear someone talk about how bad the economy is, I think about the lines at the local Starbucks.
3 dollar a gallon gas..........bottled water at 8.00 a gallon, 30.00 a gallon coffee???
Yea, real bad.
Gene
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Formula88
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AUG 02, 09:38 AM
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| quote | Originally posted by scrabblegod:
Everytime I hear someone talk about how bad the economy is, I think about the lines at the local Starbucks.
3 dollar a gallon gas..........bottled water at 8.00 a gallon, 30.00 a gallon coffee???
Yea, real bad.
Gene |
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Even during the Great Depression, there were people with money. There will always be people who have plenty of money regardless of how good or bad the economy gets.
If you're unemployed, the economy is in the crapper. If you're wealthy, I guess it's doing pretty good. That doesn't really look at the big picture, though. Neither does using Starbuck's as a leading economic indicator.
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Pyrthian
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AUG 02, 03:14 PM
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| quote | Originally posted by Formula88:
Even during the Great Depression, there were people with money. There will always be people who have plenty of money regardless of how good or bad the economy gets.
If you're unemployed, the economy is in the crapper. If you're wealthy, I guess it's doing pretty good. That doesn't really look at the big picture, though. Neither does using Starbuck's as a leading economic indicator. |
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exactly. "the economy" means something different to every person. depends on what kind of business you do, or what kind of work you do. overall - the bubble from the Clinton years has popped. but, it was Reagan that blew that bubble. Clinton popped it. and Bush gets to eat the results. now, add the money cannons shooting our wealth offshore in trade, war, reconstruction & police actions.
the economy cant be to bad - we are spending $200,000 a minute on reconstruction. I myself think building stuff locally would be more effective - but - I'm not an economic genius...
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ditch
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AUG 02, 05:06 PM
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| quote | Originally posted by fierobear:
Well, there is $1500 shower curtains and there is financial security. Again, would you turn down a million dollars?
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If it meant selling out my employees, no I wouldn't. Now if you want to hand me 1 million for no particular reason, I would be glad to accept it 
again, $$ isn't everything to me
| quote | Originally posted by fierobear:
No, you don't have to respect them other than doing your job as you are directed to do.
OK, let me approach this a different way. Where would you say you are in that company on the pay scale? In other words, are you the lowest paid? Middle? Or ??
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I'm in the upper pay scale. Probably the top 20%. I have no complaints about my salary.
| quote | Originally posted by fierobear:
You sound like a person of good character. Have you ever thought about starting your own business, and running it your way?
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thank you for the compliment. Prior to this job I was a foreman and to be honest, managing isn't the job for me. I really don't have the personality for it.
My only concern with my job (and other american jobs for that matter) is that our company (a healthy company that has exceed it's budget for quite some time now) is obviously looking abroad to save a buck. They're setting up shop elsewhere and ultimately will go with the cheapest labor leaving hundreds of devoted employees jobless...all in the name of greed.
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pokeyfiero
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AUG 02, 05:23 PM
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| quote | Originally posted by ditch:
My only concern with my job (and other american jobs for that matter) is that our company (a healthy company that has exceed it's budget for quite some time now) is obviously looking abroad to save a buck. They're setting up shop elsewhere and ultimately will go with the cheapest labor leaving hundreds of devoted employees jobless...all in the name of greed. |
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All in the name of survival.
Our politicians have been selling us out for a century. A combination of greed,taking the easy road and lying to get re-elected pretty much puts our country where it is now. No power. No value. No base.
As a populace we have done everything our country's creators warned us not to do.
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Pyrthian
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AUG 03, 08:58 AM
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| quote | Originally posted by pokeyfiero:
As a populace we have done everything our country's creators warned us not to do. |
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heavy stuff
I'd go a little further, and say "done everything every wise man in history warned us not to do"
but - then I'd stop and ask for specific examples, discredit them, and then continue down my decadant path of ruin.
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Toddster
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AUG 03, 12:20 PM
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| quote | Originally posted by Pyrthian:
exactly. "the economy" means something different to every person.
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That is the difference between Micro Economics and Macro Economics.
I can't pay my mortgage...micro
The country can't pay its mortgage...macro.
[This message has been edited by Toddster (edited 08-03-2007).]
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84Bill
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AUG 03, 06:39 PM
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| quote | Originally posted by Pyrthian:
heavy stuff
I'd go a little further, and say "done everything every wise man in history warned us not to do"
but - then I'd stop and ask for specific examples, discredit them, and then continue down my decadant path of ruin. |
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Very nice choice of words.
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JazzMan
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AUG 04, 12:19 PM
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. [This message has been edited by JazzMan (edited 12-04-2008).]
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Toddster
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AUG 04, 01:29 PM
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| quote | Originally posted by JazzMan:
My observation is that the economy is great for the top 10% and declining for the bottom 90%. This is an inherent part of polarization of wealth as money and assets shift up from the bottom majority to the top minority, and nobody disputes that this polarization is happening and has been happening in this country for years now.
JazzMan |
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The statistics disagree with you:
According to economist Edward Wolff of New York University the wealthiest 1% of the population has lost .4% of their hold on the total wealth of the nation from 1983-2001 whereas the middle class has increased their percentage of ownership of the nation's wealth by 3.5%.
And if you are just measuring Financial Wealth (as opposed to total wealth) the top 1% wealthiest people have lost 3.2% in the same time frame and the middle class has increased 3.1%.
But a nice 'political' comment just the same.
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