It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by InSpiteOf
I dont see capitalist states willingly turning into socialist states. Not without massive popular agitation from the people. And by that i mean social and economical revolution.
Originally posted by Jillian_Bacardi
I think a civil war is the only solution at this point, the sooner the better.
Nothing to fall on
# Families are increasingly unable to save for a rainy day. Five years into an economic recovery, average job growth is one-fifth that of previous business cycles and wages are flat when inflation is factored into the equation. At the same time, the cost of families’ top five expenditures—medical care, housing, food, household operations and cars—have risen more than twice as fast as the cost of the bottom five items. To maintain their day-to-day consumption, families took on a record amount of debt equivalent to 126.4 percent of disposable income in the first quarter of 2006.
# Families capable of weathering this financial crunch are diminishing. Less than a third of families boast accumulated financial wealth equal to three months’ income (counting all financial assets, including retirement savings accounts minus debt), a decline of 6.3 percentage points to 32.5 percent in 2004, the last year in which this data was available, from 38.8 percent in 2001. This trend is particularly pronounced among typical middle class families—dual income couples between the ages of 36 and 54 who earn between $18,500 and $88,030 a year. Families in this middle 60 percent of income distribution who have three months’ income stowed away in liquid financial wealth declined 10.5 percentage points over the same period: to 18.3 percent from 28.8 percent.
Originally posted by SpeakerofTruth
Well, Inspiteof, I don't particularly have the positive outlook on socialism that you do.
However, I will say this, if there is a civil war, the government of this country will agree to help the people because a government in fear will do what it deems necessary to survive.
If a civil war breaks out, we certainly will have a government in fear. That, without the least bit of hesitation, I can guarantee you of.
Originally posted by Pilot
This is a great discussion,
It's going to happen anyway, certain luxury items will no longer be affordable for the shrinking middle class, once that starts to happen, the companies will hurt and have to change.
The reality is that most of us go about our lives, to busy to concentrate on the reality that surounds us. Even those of us that think of these things only do it in a short amount of time, never really staying concentrated on it. We look at the news, visit some websites, write some replies and get back to life, our small, immediate life, where we focus keeping ahead in a rat race society.
Originally posted by carnival_of_souls2047
Can't we put off this civil war until I have secured my very own Nintendo Wii? Please wait until I have a Wii or I will be so very unhappy as a consumer of fine japanese products.