The new economy

Topspin said:
nice troll
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Face it, HillaryGirlie-girl - everything that I & others said in the past year - about things like the housing boom, the credit crunch, the stretched-to-the breaking point middle class - is coming to fruition & doing exactly what we said it would do to the economy.

Oh - that's the same stuff you ridiculed as "chicken little" and gave us your little "lessons" on, grasshopper.
 
Onceler said:
Face it, HillaryGirlie-girl - everything that I & others said in the past year - about things like the housing boom, the credit crunch, the stretched-to-the breaking point middle class - is coming to fruition & doing exactly what we said it would do to the economy.

Oh - that's the same stuff you ridiculed as "chicken little" and gave us your little "lessons" on, grasshopper.
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1) everyone knew were were in a housing was a bubble..
2) you shouldn't buy more then you can afford.. lol retards thinking interest rates would never go up when they were lowest in 20plus years?
3)of course middle class is stretched when 50 fucking percent of our money goes to taxes and programs.
 
Chapdog said:
1) everyone knew were were in a housing was a bubble..
2) you shouldn't buy more then you can afford.. lol retards thinking interest rates would never go up when they were lowest in 20plus years?
3)of course middle class is stretched when 50 fucking percent of our money goes to taxes and programs.
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Correction, Chap - everyone but Toppergirl, who said housing would have no affect on the market or economy, and who called the middle class "fat & happy."
 
its really not that bad if you look at the economy long term. housing, markets, jobs, etc... all on par. obviously no golden age like the second half of the 90's but definitely growing.

im all for tax cuts for middle class (so long as middle class is redefined in todays markets) go ahead tax the rich more and give the breaks to the middle class. I just dont think there is any reason whatsoever that the US needs more then 2.6T in tax revenue. so it should at a minimum be revenue neutral .
 
"Sum up for me the fiscal situation with Medicare and Medicaid. How long will those programs be sustainable?

Well, they're not sustainable right now. Let me just give you some statistics to put it in perspective. Social Security is underfunded [meaning there's a gap between dedicated funding and benefits] by $6 trillion in current-dollar terms. Medicare is underfunded by over $32 trillion in current-dollar terms, of which the Medicare prescription-drug benefit is underfunded by $8 trillion.

When people see these statistics, eyes tend to glaze over. There is not a sense of urgency out there in the land. So why should people feel a sense of urgency? Politicians aren't expressing a sense of urgency. No one feels that the crunch is coming tomorrow.
We have a failure of leadership in America, and it is a bipartisan problem."

yeah, lets have the government run some more healthcare for us.
 
uscitizen said:
and that underfunding you mentioned is for how long of a period ?
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The article did not say. My guess is that it really doesn't matter. $40 trillion underfunded. If you were to spread that over 40 years (which is my guess as to the time frame used)... that is still a huge sum on money relative to our economy's size.
 
Lori, yet you can still sell used software
USC now has employees BHAHAHAH

Incomes are up over 4% the economy is growing at 3%
there's not a dollars worth of knowledge between you desh and usc
I wonder if there's one college business class between the three of you lower income turbo-libs.:clink:
 
Inteligent people are having a pretty good year financially, I know I am.
You ged types can't comprehend globalization.
 
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