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290 Comments
- gavinhudson, on 07/17/2008, -4/+8915% are happy???
- proficient, on 07/18/2008, -4/+78No, 15% of Americans don't understand what the economy is.
- hellbent187, on 07/17/2008, -5/+54I think most people fail to realize that it's the people that used to work in manufacturing making $10-20/hr that are the backbone of the American economy. I say used to work in manufacturing because ever since the import tariffs have been lifted most of the manufacturing jobs have moved into other countries because of their cheap labor. The problem is when that product is shipped back into the US a lot of people no longer have nice paying jobs to buy that product.
- redfred18t, on 07/18/2008, -3/+39Wow, I didn't know 15% of Americans were oil speculators.
- wooFmeoWoinK, on 07/18/2008, -1/+36When we get to 90% everybody gets naked.
- CLAWC, on 07/17/2008, -1/+3085% sounds like a majority to me. There's always SOME idiots who can't admit we're in ***** and think everything's Jim Dandy
- inactive, on 07/17/2008, -2/+26Well, it is definitely possible to make good money in a down market.
- Shigglyboo, on 07/17/2008, -2/+26are you happy that the economy is in the *****? hrm.... we probably need a poll to figure this one out.
- Urbalist, on 07/18/2008, -5/+25The remaining 15% are filthy rich..
- neil1492, on 07/18/2008, -0/+18The other 15% can't locate economy on a map.
- JoeVet, on 07/18/2008, -8/+25Let me guess who are the happy 15%. Could it be the same ones making 90% of all the money.....you know, the ones who need those tax cuts?
- poprocksandsoda, on 07/18/2008, -8/+23I think if you trace back you will find Bill Clinton's championing of NAFTA to be a major contributor to the decline of industry in our country.
- Kevin108, on 07/18/2008, -7/+22The biggest problem? 70% say more government programs should help those now struggling. The amount of government we have has gotten us to where we are now. More government will only mean more taxes and more problems. We need to eliminate income tax and personal property tax right off the bat. From there we need to reduce our military involvement from 130 countries around the world to one: ours. We need to stop foreign aid and take of ourselves for a change. We need to drastically reconfigure our government to a simpler, more economic version, the likes of which we haven't seen for nearly 100 years. But as long as 70% of people think MORE government is the answer, we will only continue along this path of decline.
- Ajajadude, on 07/18/2008, -1/+15The people with all the money.
- inactive, on 07/18/2008, -0/+13No, 1% are filthy rich and 14% are mentally retarded.
- DavidYeah, on 07/18/2008, -0/+13"Most (not all) of the people in US manufacturing are uneducated workforce. High school degree or GED, if that. They are the ones who won't have these frankly high-paying jobs. They won't be able to afford the pretty things because it doesn't make sense to pay them to do jobs that someone in another country will do for much less."
This is the thinking that got us where we are. Either you're for or against this kind of rhetoric, it is what got us where we are. You can't sell out the backbone of your economy and expect things to be peachy keen.
So when you say "WHERE'S THE PROBLEM", well, the problem is our entire economy is turning into a pile of *****. That's the problem. Your moral high ground of "well, they're not educated, so screw 'em! ha! I'm edgy and I'm not afraid of being politically incorrect."
Well guess what, if you're proudly politically incorrect, then you should be proudly economically incorrect, as well. - inactive, on 07/18/2008, -4/+17I'm Chinese American, and all my Chinese/Taiwan American ABC/FOB friends are working in China now. From finance majors, Harvard law school graduates, engineer with mbas, programmers, some going to study learn Chinese.... they got so much debt from college, and they get paid more by going overseas, and plus there's more opportunities in China.
The American dream is dead. - aspec, on 07/18/2008, -1/+13"Housing Bubble(Citizen level) -> Subprime Mortgage Lenders (Big Banks) -> Oil Bubble
That is how the deck of cards were stacked and the order in which they will all fall;"
Isn't it kind of easy to predict things if they've already happened? Also, is your name John Bedini? - TheGuruStud, on 07/18/2008, -3/+15If only everyone understood that. It's so pathetic.
- TheGuruStud, on 07/18/2008, -3/+14If you haven't noticed, 4 yr degress don't get you a good job either. But you can stick with the mainstream that still believes that. Look up the facts and it's basically useless to go to a 4 yr school considering that you will most likely never be able to pay off the loans.
- o0adam0o, on 07/17/2008, -2/+13Thank you Captain Obvious!
- brad3378, on 07/18/2008, -0/+11So is it safe to assume you're part of the 15% minority?
- rhart23, on 07/18/2008, -1/+11I think we found a 15%'er
- inactive, on 07/18/2008, -2/+12There is a reason they call it The American Dream, you have to be asleep to believe it.
- kelmaster1, on 07/18/2008, -0/+10they need a poll for this?
- hellbent187, on 07/17/2008, -1/+11Yes, if we all just ignore the problem and think happy thoughts everything will be ok.
- WileEPeyote, on 07/18/2008, -0/+10"In the US today, if you aren't selling your brain then you're most likely condemned to a life of low pay and little reward, because bodies are cheaper almost anywhere."
Hey dumb-ass, call tech support for any of your technology products and you will find that brains are cheaper elsewhere as well. Where I work, we are no longer hiring any "brains" in the United States. All new brains are being hired in India, China, Russia and lately Puerto Rico.
Amazingly, the people paying the salaries realized that people in other countries can write software, troubleshoot systems, write tech documents, design websites and probably do whatever job you are doing as well. - WileEPeyote, on 07/18/2008, -2/+11You are a cranky old bastard aren't you? You start with saying you aren't unhappy, but you sure sound sour.
Carter was not as bad as he seemed at the time; Clinton and Nixon were choir boys compared to the shenanigans pulled by the latest group of crooks and they were at least impeached.
If you cannot see how absolutely horrid the last eight years have been politically and financially, then your age has not brought much wisdom.
You are the one seeing this from a selfish perpective, given your comments. The world does not revolve around whether you or I had a job or not. - StarWarsFever, on 07/18/2008, -0/+9what's with all the common sense news on the front page these past few days?
- inactive, on 07/18/2008, -0/+9It's all good until they out source YOUR job buddy. Hint design, marketing, management, and other high paying white collar jobs are now ALSO in the process of being outsourced. Say hello to your new 15/hr bartender job douche.
- avengingturnip, on 07/18/2008, -1/+10@fire, So why is ok for uneducated people to be really poor? What moral code do you follow?
- avengingturnip, on 07/18/2008, -1/+10It is quickly coming to the time when there is nothing left that we can do better and cheaper. What then?
- altgeeky1, on 07/18/2008, -2/+10No, compared to the 70's we're oblivious.
Or didn't you know that 18 cents of every Federal dollar is being spent on the INTEREST portion of the national debt.
Dunno bout you, but if 20% of MY paycheck went to Mastercard's interest... I'd admit I had a problem, instead of hiding from reality at the shopping mall! - WileEPeyote, on 07/18/2008, -0/+8I think if you trace it back, you will find just about everyone in power in the last 10-20 years has had a hand in the current mess.
- FoxtrotUSAF, on 07/18/2008, -3/+11This just in! The sky is blue!
- DavidYeah, on 07/18/2008, -1/+9"Stop whining and let the economy act like it's supposed to act."
By "how its supposed to act", you must mean "isolate the vast, vast majority of the capital into the hands of a tiny minority." That's what is supposed to happen. I guess I should be comfortable with that, huh? - oldgal, on 07/18/2008, -0/+7Actually there should be a major change in senior management in many of our corporations. Good management in the banking, investment banking and auto industries would not have gotten us into this mess. Times were good in the 90s and incompetents were promoted through the good old boy networks. Then times got tough and these people were not up to the job. The same thing happened in the 60s and 70s. In the 80s there were lots of management changes and the mess got cleaned up. The sooner things get shaken at the upper levels, the better.
- inactive, on 07/18/2008, -5/+12I bet you're as priveliged as *****.
- OtterStratton, on 07/18/2008, -1/+863% of people will believe any statistic told to them, even if it isn't true.
- cadmiumpaint, on 07/18/2008, -2/+9you should look up how much money we've wasted on the war and then try to tell me it has nothing to do with the economy.
- DavidYeah, on 07/18/2008, -3/+10Economic mobility in America is now at its lowest since the great depression.
- pgrit154, on 07/18/2008, -1/+8You, my friend, are not only an *****, but also a *****.
- nellyspageli, on 07/18/2008, -1/+8this is surprising?
- fixty, on 07/18/2008, -0/+7Notice the subtext in the following passage from the article:
"But most also believe that the social contract — the benefits corporations and government once guaranteed — is busted and needs to be rewritten to reflect the realities of economic life in a global marketplace."
Classic "framing the debate" - making it appear that globalization as we now know it is the only possibility. NAFTA is immutable silly citizen! Whatever. Wait 'till energy prices make international shipping prohibitively expensive then see where your race-to-the-bottom corporate free-for-all has left us.
The skeptic in me also cringed at the article's dropping of the scary "Big Government" hot button keyword and its immediate association of "Big Government" with social programs with no mention of MASSIVE military spending growth. What a condescending crock. - inactive, on 07/18/2008, -1/+7I want to know who the hell the 15% morons are.
- inactive, on 07/18/2008, -1/+7The other 15% are making a killing off the oil market.
- Mononuclear, on 07/18/2008, -0/+6When you work in an international market and your $1 million is suddenly worth $500,000 because of inflation and the devaluation of the dollar then you need to worry about the economy. Getting educated has nothing to do with it. It is that the US economy is screwing your international business and if the US economy doesn't change fast many businesses are going to take their operations somewhere else.
- junkwheel, on 07/18/2008, -0/+615% are VERY happy though.
The same 15% which Bush wants to be happy.
"Goodbye from the worlds biggest polluter" - George Bush, G8 summit, 2008 - inactive, on 07/17/2008, -0/+6oh now you guys are concerned?
- AltF3, on 07/18/2008, -0/+6Yes we do, its a type of cake.
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