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<p>[QUOTE="Brian Calvert, post: 7677865, member: 75282"]I am actually glad china is dissing us, and the orient is trading in their own. We have destroyed our own economy to help the billionaires gain mass wealth.</p><p><br /></p><p>Very few Americans will do good going forward. People see RIGHT NOW an economy with people attending baseball games, going out to dinner, and soon the big 4th of July party. Never taking into account just how horrendous the economy really is...</p><p>They love to quote Nasdaq, or dow numbers, use CPI which is a lie. Or state the GDP is up again, oh look, it is 4% (were kicking ass)... </p><p>A 4% GDP is garbage when all 4% is from federal spending which they now include in GDP. In fact, we borrow enough money each year for the past 5 years to equal 10% GDP, yet we avg. only 3%. It is all propaganda.</p><p><br /></p><p>Another problem is so many are preaching from a pulpit of the past. Guys over 65 that love to see things as OLD America.... or the fact they draw a great retirement, good SS, and their 3 sons and 6 nephews have all done well. All white collar, all live good lives. That is the case with most of my family, but we are the few that made it thru...</p><p>On my moms side it is a different story, white trailer people, women that clean houses and guys that once worked at GM, Ford, or some other factory now barely get by on 17/hr. it is crushing them, this makes up the majority of the country and those that tend to do better than others IGNORE these people and their lives. As if, these were just bad choices they made, that they make this amount of money based on poor choices.</p><p><br /></p><p>Sometimes this is true, yet my guess is that 70% of the time it isnt. They are just people that chose to NOT attend college because they had a good job waiting in the 80s, 90s, and even early 2000. Those jobs are gone for another 50 years and these people will be pushed into poverty. there is no way out and no printing, free money will help. It only delays the inevitable.[/QUOTE]</p><p><br /></p>
[QUOTE="Brian Calvert, post: 7677865, member: 75282"]I am actually glad china is dissing us, and the orient is trading in their own. We have destroyed our own economy to help the billionaires gain mass wealth. Very few Americans will do good going forward. People see RIGHT NOW an economy with people attending baseball games, going out to dinner, and soon the big 4th of July party. Never taking into account just how horrendous the economy really is... They love to quote Nasdaq, or dow numbers, use CPI which is a lie. Or state the GDP is up again, oh look, it is 4% (were kicking ass)... A 4% GDP is garbage when all 4% is from federal spending which they now include in GDP. In fact, we borrow enough money each year for the past 5 years to equal 10% GDP, yet we avg. only 3%. It is all propaganda. Another problem is so many are preaching from a pulpit of the past. Guys over 65 that love to see things as OLD America.... or the fact they draw a great retirement, good SS, and their 3 sons and 6 nephews have all done well. All white collar, all live good lives. That is the case with most of my family, but we are the few that made it thru... On my moms side it is a different story, white trailer people, women that clean houses and guys that once worked at GM, Ford, or some other factory now barely get by on 17/hr. it is crushing them, this makes up the majority of the country and those that tend to do better than others IGNORE these people and their lives. As if, these were just bad choices they made, that they make this amount of money based on poor choices. Sometimes this is true, yet my guess is that 70% of the time it isnt. They are just people that chose to NOT attend college because they had a good job waiting in the 80s, 90s, and even early 2000. Those jobs are gone for another 50 years and these people will be pushed into poverty. there is no way out and no printing, free money will help. It only delays the inevitable.[/QUOTE]
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