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252 Comments
- manano, on 12/01/2008, -6/+140Let me be the first to say........ DUH!
- makkaveli19, on 12/02/2008, -2/+45wow, took them long enough to admit it.
- blackcat24, on 12/02/2008, -28/+66Well, Bill Clinton certainly didn't put us in this recession, now did he? If I remember correctly, he put us in an economic surplus...
Then Bush got elected. Bad decision #1. Then Bush got RE-elected. Bad decision #2. Thus leading us to said economic downward spiral. - username7410, on 12/01/2008, -4/+40Now everybody can start talking depression!
- nimbletimble, on 12/02/2008, -1/+37sell your computer
- Leviathan433, on 12/02/2008, -3/+32And yet you can still afford internet access and have enough leisure time to digg. Time well spent. Perhaps a second job to help contribute to the family?
- SolituSneiku, on 12/02/2008, -4/+28yet you post on digg rather than finding a better paying job?
- MeatMountain, on 12/02/2008, -5/+28MISSION ACCOMPLISHED
- TheCamino, on 12/02/2008, -2/+21
See? I hate to say this, but you're wrong. It's simply through inexperience with this stuff.
It's not most people's fault here on Digg. You were younger, and weren't exactly talking about financial models when you were four years old.
This is actually all Reagan's fault.
Since Reagan, and his trickle down policies and deregulation:
-The working man's wages has shrunk 80% adjusted by inflation in the last twenty years, while the economy has grown incredibly... wealth has been created.
-The 'trickle down' effect really has only helped the luxury sports car industry.
-Republicans, in the last twenty years, have used the same old trick for getting free, never ending, government money. Kill a government service, and set their friends up with the business. Then raise prices, over 'cost overruns.'
See? Government became a business enterprise under Reagan.
Twenty years of this has taken it's toll.
Twenty years of tax abatement for corporations.
When was the last time you bought a house and they threw in 'ten years of tax free living' as a perk?
Blackwater couldn't have existed under Reagan. American paid mercenaries?
It takes twenty years of business run government to get to the point where mercenaries are called 'government contractors.'
Take a look at Tom DeLay, and ask yourself, "would I even buy a pair of sneakers from this man?"
Look, it's true that Democrats have taken money. Christ, Kerry is fantastically wealthy.
Still, when Republicans come in, businesses salivate. They know it's time to cash out. And when they do, they fire people to make value back up.
It's just most people on Digg are too young to have seen all of these economic models from the Reagan era fail, over and over again. The problem is that big business keeps funding the 'low tax, trickle down' horse crap, over, and over, and over again, and keep putting up a Republican 'for the people,' who quickly gets paid 'by the business' as soon as he gets in office.
This Republican gravy train they've been running in the last twenty years has even extended deeply into State levels of legislature.
Bush was not 'involved?' He was the son of the best friend of Big Papa Reagan, the chief architect of screwing the American working man, self-destructive deregulation, and blank check government! Never let anyone forget that.
America should have never voted for the playboy, strictly on the fact that there is almost a 100% certainty that the sons of a powerful men will become a philandering idiots, over and over again, throughout history.
It even has it's own word... NEPOTISM.
The Republicans have had twenty of the last twenty eight years of almost unbridled control. They have connections in all commercial businesses. And now the economy is going through a huuuuge recession expected for years.
I'm not going out on a limb here by saying it's Bush's fault for sitting on the golden throne of recession here, if you look at the economic policies, and who had their fingers in the pie for a quarter century here.
- nickymouse, on 12/02/2008, -1/+20Do you still have cable, cars, cellphone, TV?
- slogged, on 12/02/2008, -4/+21You've been watching too much fox news
- Balanced, on 12/02/2008, -10/+27I'm not convinced it's 100% Bush's fault. I don't personally like him or thin he's done a good job, but he did have a democrat-controlled congress for a lot of this. The country was probably due for an economic downturn, albeit perhaps not nearly as bad had Bush not been involved.
Hopefully the incoming regime will do better. If not.. Vote'em out in four years. - cvelusc, on 12/02/2008, -3/+18George did not have for the majority of his tenure a "democrat-controlled congress."
- mlvassallo, on 12/02/2008, -1/+15"A lot of this" would be a total of 2 years.
- eryximachus, on 12/02/2008, -1/+15The United States is not a dictatorship.
The truth is the country has been surviving through financial trickery since the late 1960s when economic policy was oriented towards that industry at the expense of domestic industry. The problem we face today is our paper shuffling game we have foisted on the world is for the most part over. - inactive, on 12/02/2008, -2/+16Gee, ya think?
- skipdog172, on 12/02/2008, -5/+18get a ***** job???
- Lucas123, on 12/02/2008, -4/+16Meh. Every recession that comes along, people compare it with The Great Depression, declaring this is the worst economic crisis since then. I've lived through four recessions, each were proclaimed worse than the previous. Tell you what, when the unemployment rate reaches 15%, then start talking depression. Until then, it's hyperbole.
- ayeroxor, on 12/02/2008, -2/+14BRAINS
- Elranzer, on 12/02/2008, -0/+12A slight majority of one of the two houses is not "Democrat Controlled". Controlling would be a 2/3 majority. They didn't control the Senate either, because Joe Lieberman is not a Democrat from Connecticut but in fact a Republican from Israel.
- Totz83, on 12/02/2008, -1/+13Sell your body? That's gotta be worth a Big Mac & Cheese
- ModeSeven, on 12/02/2008, -1/+13wow you people really can't detect sarcasm without the /s tag, can you.?
- bentman78, on 12/02/2008, -2/+13According to you profile you have a game server. That must cost at least 25-40 bucks a month.
That's about 20 McDonald's meals right there. - Spartacusprime, on 12/02/2008, -1/+11obvious troll is obvious.
- prophet5, on 12/02/2008, -1/+10Do what I did - get a ***** job. When I was laid off, I stocked shelves in a supermarket. When the economy got better, I got a job in IT again. That's what adults do. They work for their families.
Quit your ***** whining, and get to work. - Renian, on 12/02/2008, -3/+12In other news, the sky is blue, air is essential for breathing, and long cat is long.
- representDLV, on 12/02/2008, -9/+18All you idiots blaming the recession on George W Bush need to go take an basic economics class. I know it helps your narrow, short-sided, emotion-based world view if Bush is the evil villain responsible for all the world's woes, but people like you only compound the problems we have and make them worse.
- whorunbartertwn, on 12/02/2008, -2/+10Welcome to the world of anecdotal evidence. Since choppergirl is living on chicken and water that is irrefutable evidence that the US is now in poverty, as opposed to a recession.
- ayeroxor, on 12/02/2008, -1/+9It's not a matter of admission. The traditional definition of recession is something like one year of monthly downturns. It wasn't "official" until this month.
So basically, most everyone was saying, "We're in one and we know we'll still be in one at the end of a year," but somehow there were some people saying, "maybe not." Those people have finally been made to shut up and face reality. - KibblesnBitts, on 12/02/2008, -0/+8And the entire stock market
- pilotkid, on 12/02/2008, -0/+8*****, we are?????...Someone go fire up my jet, I need to head to D.C. I need more money!!!!!!
- thezackisback89, on 12/02/2008, -1/+9At the rate jobs are being lost in America, we should be there in no time!
- jmpeagle, on 12/02/2008, -1/+8all they did was make it official, they weren't denying it before. They had to wait for all the empirical evidence to be in before they make a claim such as that.
- z00k, on 12/02/2008, -0/+7Hi Goerge.
- ftx437, on 12/02/2008, -3/+10**applause**
- Leviathan433, on 12/02/2008, -1/+8tho?
- kelly, on 12/02/2008, -4/+11You then stop paying for the internet access that allows you to make false statements on leftist-digg
- o0joshua0o, on 12/02/2008, -1/+8Don't forget a vitamin supplement.
- acknotSW, on 12/02/2008, -0/+7Great, someone else who doesn't have any idea what it's like to work for a company for 5 to 8 years and then have their job eliminated.
Until you have:
Lost your job through no fault of your own
Looked relentlessly for work for 5+ months without even getting an interview for jobs you were qualified for
Burned through everyone one of your business contacts without a single interview
Had to abandon your field and take an entry level job in another area at substantially lower pay
Had to take or had to consider taking a ***** job for minimum wage just to survive
Then you don't have the slightest ***** clue what it's like looking for work in this kind of economy. - ansatsu29, on 12/02/2008, -0/+7I dont believe you chopper girl.
You whine about your situation and yet you are here in Digg, doing your own leisure time instead of finding ways to get a better job - so that you can improve your family's situation. - o0joshua0o, on 12/02/2008, -0/+7A hat would have made better decisions.
- mediaspree, on 12/02/2008, -2/+9Half my I.T. department has been slashed by management. Big companies are dropping jobs in the thousands. Hiring is in a freeze. No chance for a raise or bonus this year. Hope you have stable employment to afford those cheap luxuries.
- inactive, on 12/02/2008, -0/+6I think you mean a frog in boiling water.. a frog in a frying pan would be sizzlin' pretty quick brah
- bffoley, on 12/02/2008, -2/+8Democrats/Liberals are blaming Bush just like how Republicans/Conservatives blamed Clinton for the early 00's recession. Just political opportunism, happens on both sides. Do you think Joe Sixpack understands all the things involved that create a recession or a bubble? Nope, they just point the finger at the guy they didn't vote for and go ***** HIM.
- SpacePoet, on 12/02/2008, -1/+7That the whole system is set up to protect their assets while the rest of America crumbles to pieces.
- scoot2006, on 12/02/2008, -1/+7Recession... hmm...
Gas is cheaper. Cost of food is going down. Low interest rates.
Not bad. - Elranzer, on 12/02/2008, -0/+6The 51% of us that voted Al Gore did not deserve, nor ask for, Dubya as president.
- peaceninja, on 12/02/2008, -0/+6it's not overblown by the media. i am in the same position as you except i am 26 years old, and my 401(k) is evaporating. despite the fact i feel comfortable aside from my retirement buildup, i know a lot of people being affected negatively. are you living under a rock?
i think one thing that makes this recession different is the moral hazards involved. people (CEOs or average joes) feel like they have more protection but they still need to be vigilant to reduce debt and live within their means. - FreddieD, on 12/02/2008, -1/+7What have we got here, a ***** comedian?
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