Corporate and Private America is rapidly De-leveraging
Corporations are hoarding cash
A strong indicator for a negative ROI for new investment
Workers have seen decreasing real income
And Household net worth is approaching a zero crossing
I’m sure a criminal and bankrupt government grabbing our wallets at their pleasure has nothing to do with us feeling poor and helpless.
I’m sure that tyrannical Obamacare stealing away our freedom to make decisions about our own lives and bodies has nothing to do with us feeling poor and helpless.
And I’m also sure that an out of control government wantonly spending us into financial oblivion via transfer payments to slackers and moochers has nothing to do with us feeling poor and helpless.
But we are all part of “the collective” and should feel good about these things. Why don’t we?
The dollar loses value daily. Retirement plans are becoming useless by design. Money is being printed without backing.
The WH is run by treasonous dastards.
That's because when Obama spreads our wealth around, we realize that it is no longer ours. I would take freedom over socialism any day, and apparently the others who don't feel better off under the corrupt regime in DC agree.
Yet we have more unneeded crap than we’ve ever had before (not to mention buying crap for everyone else)
Corporate and Private America is rapidly De-leveraging
Corporations are hoarding cash
A strong indicator for a negative ROI for new investment
Workers have seen decreasing real income
And Household net worth is approaching a zero crossing
In the 50's and the 60's a man could walk away from a job he didn't like or had outgrown or whatever, and there was another job to be had not too long in waiting.
The "I can do whatever I want" attitude was the reason for the books written about those loud mouthed Americans that went overseas and embarassed themselves and others.
We Were The Big Dog Of The Planet.
Men today have little or no choice WHAT TO DO WITH THEIR LIVES when they are young and dreaming.
I know the brochures advertise a gazillion "fields", but a guy just can't walk down the street and enter an establishment to ask, "Are you hirin'?", and start next Monday.
Men are the traditional breadwinners ... it's part of our DNA.
Women have tried to be independent, and a lot of women have been successful (making money, entering power positions or creating them, etc.), to the demise of The Family.
Working women generally don't have babies or have only one or two.
Our 1930's, 40's and 50's families were 5, 6, 7, or more children (I'm one of eight, #4 born in 1948 .. 4 more comin' in the future)
We don't feel free in America because we struggle just to live and THAT was never to be part of our DNA and we have no legacy to pass on to our kids.
Our property can't be passed on (I know .. there are ways, but not everyone knows), our money can't be passed on and now ..
Our Constitution and Bill of Rights can't be passed on.
And even if ithey were ... our kids don't know, understand and in too many cases .. don't want what we have to offer.
Sorry kid, all I got is the truth f'ya.
Here is a thought I’ve had for some time. I do not think the well-being of the stock market has the effect on our economy that it once had. For starters, the market can seem to do quite well while a recession is on. There was a time when a shift in the stock market was almost tectonic. Nowadays it bounces up, and down, very quickly, and doesn’t seem to take the economy with it anymore. Another thing I think is that the stock market is essentially always flooded with money, regardless of how well it is actually doing. Think about all the 401ks and other things automatically deducted from millions of people’s pay- a constant influx of dollars. That could cover up or disguise a multitude of problems, or make up for a lot of losses. Based on these thoughts, I’m not sure the stock market really reflects anything other than the stock market.
it’s amazing to me how many people have no idea how capitalism and markets effect the value of a fiat currency
take whatever money or valuable denominated in dollars you have and remove the dilution factor... this will give you a real idea the value of the item compared to a few years ago
as an example, I did the math and posted the real value of my home here:
http://www.freerepublic.com/focus/news/2703736/posts?page=36#36
Many people feel poor because they are making massive payments on homes worth half or less what they bought it for at the peak.
Those who bought their homes 10+ years ago may not owe anything, but will lose money if they sell it to fund a retirement nest egg or move to a location with more jobs.
Those who are making mortgage payments and face rising property tax bills and utility payments but have flat wages see less discretionary income.
The Fed is trying to pump up stock prices, in a mistaken effort that this will promote spending. Instead, the new money is channeled into government debt. The government is inflating the cost of fuel by the money printing and the cost of food and power by green energy / ethanol mandates. Mandated benefits increases the cost of hiring someone, so employers either don’t hire or relying on contractors and part-timers.
“U.S. stocks have reached new highs, but most Americans probably don’t feel any wealthier.”
The surest way to drive up stock prices is to lay off American workers; they cost too much. On top of that, reporting prices in inflated dollars (while officially declaring there is no inflation) helps stocks look better than they really are. If my bread, gasoline, and taxes have doubled in the last few years, and the stock market has, too, then how am I supposed to feel any cheer about that? My dollar today is simply worth $.50 from the “before-time”...
Perhaps having to due to the fact our national debt has SKYROCKETED to nearly 17 trillion dollars, and is accelerating its rate of increase?
Meanwhile both Dems and Republicans continue to support these wrong-headed policies of de-industrialization?