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#1
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![]() Simply and well stated facts. Why Republicans Have It Wrong on the Economy Guess what? Europe is officially back in a recession. Unemployment is up, profits are down. But not here in America. Not yet anyway. And the reason? While European countries inflicted huge cutbacks in government jobs and services, American government invested in the private sector. True, government jobs and services are on the downturn in the US, but the difference is that while Europe exercised austerity measures, America had a stimulus package. Despite the hand wringing and protests from the right, the federal government single-handedly saved the American auto industry. Had the Republicans been in power in 2008 we would no longer have an auto industry in America today. And millions more would be out of work. What concerns me is that this could have a ripple effect on our economy. Will Europe?s economic woes, based on Republican ideals of economic austerity, translate into a recession here, despite our best efforts to create an economy that is slowly but surely improving? And Americans need to ask themselves if they are better off now than they were at the end of the Bush regime. A regime that seems to have brought down the world economy in the blink of an eye. They need to ask themselves that question, because the answer is invariably ?Uh?.yeah.? |
#2
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posted to rec.boats
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On 5/29/2012 9:47 AM, iBoaterer wrote:
Simply and well stated facts. Why Republicans Have It Wrong on the Economy Guess what? Europe is officially back in a recession. Unemployment is up, profits are down. But not here in America. Not yet anyway. And the reason? While European countries inflicted huge cutbacks in government jobs and services, American government invested in the private sector. True, government jobs and services are on the downturn in the US, but the difference is that while Europe exercised austerity measures, America had a stimulus package. Despite the hand wringing and protests from the right, the federal government single-handedly saved the American auto industry. Had the Republicans been in power in 2008 we would no longer have an auto industry in America today. And millions more would be out of work. What concerns me is that this could have a ripple effect on our economy. Will Europe?s economic woes, based on Republican ideals of economic austerity, translate into a recession here, despite our best efforts to create an economy that is slowly but surely improving? And Americans need to ask themselves if they are better off now than they were at the end of the Bush regime. A regime that seems to have brought down the world economy in the blink of an eye. They need to ask themselves that question, because the answer is invariably ?Uh?.yeah.? Had a terrible time with the heat this weekend celebrating Memorial day at the Race Track. It was hell camping and racing for the day... How was your weekend? |
#3
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#4
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#5
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#6
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#7
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On Tue, 29 May 2012 10:50:31 -0400, X ` Man
wrote: Without a strong middle class and the ability of the masses to achieve it, there's little reason for this country to exist. === What is your definition of middle class? Statistically there will always be a middle as well as an upper and lower. Is middle class defined by home ownership, multiple SUVs and smartphone accounts? Is it defined by the television advertising media? Is it defined by political rhetoric? Is it defined by middle class values and behavior? Is it defined by blue color workers being able to live like educated professionals? |
#8
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On 5/29/2012 12:17 PM, Wayne.B wrote:
On Tue, 29 May 2012 10:50:31 -0400, X ` Man wrote: Without a strong middle class and the ability of the masses to achieve it, there's little reason for this country to exist. === What is your definition of middle class? Statistically there will always be a middle as well as an upper and lower. Is middle class defined by home ownership, multiple SUVs and smartphone accounts? Is it defined by the television advertising media? Is it defined by political rhetoric? Is it defined by middle class values and behavior? Is it defined by blue color workers being able to live like educated professionals? Those talking points were fed to him. The answers to your questions aren't in his repertoire. |
#10
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On 5/29/12 12:17 PM, Wayne.B wrote:
On Tue, 29 May 2012 10:50:31 -0400, X ` Man wrote: Without a strong middle class and the ability of the masses to achieve it, there's little reason for this country to exist. === What is your definition of middle class? Statistically there will always be a middle as well as an upper and lower. Is middle class defined by home ownership, multiple SUVs and smartphone accounts? Is it defined by the television advertising media? Is it defined by political rhetoric? Is it defined by middle class values and behavior? Is it defined by blue color workers being able to live like educated professionals? D'oh. Why am I not surprised you don't know, Wayne? I doubt there is a specific criteria for defining "middle class" that would satisfy most, but, generally speaking, it includes having a secure and upwardly mobile job; a clean, safe and stable home; easy access to and the ability to pay for health care; retirement security: paid time away from work for vacation, illness and the birth or adoption of a child; opportunities to save for the future and the ability to provide a good education, including a college education, for one's children. Income-wise, depending upon household size, earnings, geographic location and age, might be anywhere between $50,000 and $150,000, but those numbers may vary wildly. These days, that's more like modern socialism in Europe than what we have in the United States. But it used to be that way here, before the rich became even more greedy. |
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