Posted on 02/05/2016 9:46:16 AM PST by Kaslin
USA 4.9%. under Socialist Obama! Can you believe it? Liars figure......
Bernie likes to point to Sweden as a success story, but if their government is taking such good care of them why do their household debt stats look like their all living on second mortgages and maxed out credit cards?
Maybe this will get the attention of the young Sanders fans:
http://time.com/3989831/venezuela-beer/
:)
Our real unemployment rate, which includes those who have given up looking for work, is probably north of 10%.
Are they? I have no idea
Not probably. It is
Not a single statement by any government can be trusted. I am guessing that the unemployment rate in the US is more like 20-25%, depending on location. When somebody I know, a divorced man in his mid thirties, moved into a travel trailer from a real rental, I started paying attention. I now see them everywhere, a travel trailer with a cable connection strung from the house, or awnings deployed and chairs outside. I have never noticed people actually living full time in these temporary tow-behind travel accommodations. This appears to be the new normal. Incidentally, it is not legal for a second family or extended family to permanently occupy a temporary accommodation in a single family zoned neighborhood. Nor is it legal to rent a property not designated and taxed as rental. If it is this easy to spot the violations from the road, how soon before local government cracks down? Then, where will all these people go? They are obviously there because they can not afford other accommodations. This is part of Obama-s lasting legacy.
“Bernie likes to point to Sweden as a success story, but if their government is taking such good care of them why do their household debt stats look like their all living on second mortgages and maxed out credit cards?”
Bernie’s supporters need to check out the Swedish tax rates. It might explain the high debt. Not much left after the Socialist Swedes take their cut.
Not sure what the current figures are, but a couple of years ago average household debt was approaching 200% of income. The high taxes mean that even with a relatively well-paying job they have little disposable income left over to pay it back.
With Bernie in control, we all enter a new dark age, look at Venezuela, now imagine the whole world like that... ... nightmare.
The economic fix most right-of-center voters want is drastically curtailed immigration and an end to crappy trade deals. That’s why the post-meltdown Trump was doing so well.
"why do their household debt stats look like their all living on second mortgages and maxed out credit cards?"
A Colleague of mine traveled to Denmark and was shocked when his first sandwich and beer cost him $25 US. Said he ate all his meals after that in a 7-eleven. Everyday life is horrifyingly expensive there.
I think it’s mostly mortgage debt because of the housing market bubble, but the tax structure is making it impossible for them to be able to pay it back and just keep getting in deeper and deeper.
Uh, these f***ERS don’t want jobs.
No Bill Gates, etc....
Not even Sweden is the welfare-state nirvana most leftists like Bernie think it is:
https://mises.org/blog/turning-their-backs-swedens-welfare-state
Sweden realized some time ago that it was on an unsustainable path.
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