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ceagleor, how the economy isn't working.
and it's not just any one administration. This is what I've seen over the last 20 years.
cars: up about 3 times
rents: up about 5 times
houses: up about 10 times
soda: up about 20 times
This just in... wages: up not quite 2 times. :/ Just heard from a friend of mine where I used to work for 4.40 an hour, that they are only hiring at 7.20 an hour.
Where is the money supposed to come from, to buy the things that have gone up so much more??
I think this is why people are compensating as best they can, with getting extra jobs and roommates, and cutting back on things they enjoy doing. Oh, and going into debt on credit cards. ;p
The only items I've seen go down in price have been in the hi-fi and computer sector, and even that's not thoroughly justified, since we all know it's just because of suffering labor in Asia.
No, this isn't the promise they told us about in grammar school, how the modern conveniences were going to make us all richer and have more leisure time, for actually living.
Does y'all know about the variances of capitalism? There is what is called Victorian Capitalism, which exploits and maintains a subclass of workers, and there is Progressive Capitalism (named for the period of the late 30s to the 70s) where the benefits of commerce are distributed in ways such that all can benefit.
Unfortunately, simple pure commerce doesn't work because left alone, soulless corporations tend to sink to the lowest common denominator.. quick profit over enduring value and growth for all. This is why there is always a need for at least some regulations, in order to keep power fair and objective.. just as we have ideally in a constitution.
And on a side note.. one of the worst problems right now is house pricing >:| The interest rate is half, so realtors are marking houses to be DOUBLE! Sure, this makes payments about the same.. for Now ....but!... lot's of people will be stuck with these artificially high-valued homes they they can never get out of monetarily, and whooops!... there goes another economic disaster in the making...! *grrrr*
So don't believe the pricing! I know, because I had a house years ago, and I watched it (and all the ones around me) lose 30% of their value for over 5 years... and then take 5 more to gain enough over what I paid for it to sell it. :|
Don't get stung!.. If you are in the market to buy, offer 50 to 70 percent of the asking price. Sure, house have gone up some... but not like near double in just one year ;P ...the listings we see right now are bogus..
..just like an economy this unbalanced, in what people make, vs what it costs to live.
and it's not just any one administration. This is what I've seen over the last 20 years.
cars: up about 3 times
rents: up about 5 times
houses: up about 10 times
soda: up about 20 times
This just in... wages: up not quite 2 times. :/ Just heard from a friend of mine where I used to work for 4.40 an hour, that they are only hiring at 7.20 an hour.
Where is the money supposed to come from, to buy the things that have gone up so much more??
I think this is why people are compensating as best they can, with getting extra jobs and roommates, and cutting back on things they enjoy doing. Oh, and going into debt on credit cards. ;p
The only items I've seen go down in price have been in the hi-fi and computer sector, and even that's not thoroughly justified, since we all know it's just because of suffering labor in Asia.
No, this isn't the promise they told us about in grammar school, how the modern conveniences were going to make us all richer and have more leisure time, for actually living.
Does y'all know about the variances of capitalism? There is what is called Victorian Capitalism, which exploits and maintains a subclass of workers, and there is Progressive Capitalism (named for the period of the late 30s to the 70s) where the benefits of commerce are distributed in ways such that all can benefit.
Unfortunately, simple pure commerce doesn't work because left alone, soulless corporations tend to sink to the lowest common denominator.. quick profit over enduring value and growth for all. This is why there is always a need for at least some regulations, in order to keep power fair and objective.. just as we have ideally in a constitution.
And on a side note.. one of the worst problems right now is house pricing >:| The interest rate is half, so realtors are marking houses to be DOUBLE! Sure, this makes payments about the same.. for Now ....but!... lot's of people will be stuck with these artificially high-valued homes they they can never get out of monetarily, and whooops!... there goes another economic disaster in the making...! *grrrr*
So don't believe the pricing! I know, because I had a house years ago, and I watched it (and all the ones around me) lose 30% of their value for over 5 years... and then take 5 more to gain enough over what I paid for it to sell it. :|
Don't get stung!.. If you are in the market to buy, offer 50 to 70 percent of the asking price. Sure, house have gone up some... but not like near double in just one year ;P ...the listings we see right now are bogus..
..just like an economy this unbalanced, in what people make, vs what it costs to live.
