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Originally posted by TKDRL
reply to post by Whereweheaded
Yeah, it's hard to tell sometimes I guess which is which. It is embarrassing to admit, two of my aunts are welfare slobs, they don't even have kids. Yet all their lives they have managed to be able to suck up state and welfare aid...
Meanwhile a woman I know, works her ass off at a crap factory job, and can use just a bit of help, and doesn't qualify. Seems messed up to me
Originally posted by dreamseeker
reply to post by Whereweheaded
Well human decency and love is all we have to save ourselves now. Without that wars will continue,people will continue to starve,be homeless and our country will go to c rap.
So Obama admitted we contribute to programs such as Medicare and Social Security, right? And those "... guarantee us health care and a measure of basic income...."
Sounds like O'Care needs to go away since it's obviously a redundant program, admitted by proxy by SR O himself.
So I was pleased last week when I heard that, after four successive quarters of contraction, America's economy grew by an impressive 3.5pc between July and September, compared to the quarter before. "The US is out of recession" numerous newspaper headlines screamed. No wonder share prices surged.
As ever, the numbers warrant a closer look. For one thing, this is annualised data. So the US economy actually expanded by only 0.9pc during the third quarter – a fact most newspaper reports ignored. What growth we did see resulted from a 3.4pc annualised rise in US consumption between July and September, which was in turn caused by a 22.3pc spike in spending on consumer durables.
That increase, though, was largely driven – quite literally – by last-minute vehicle purchases under the soon-to-expire "cash for clunkers" scheme. The much-trumpeted rise in residential construction – the first in four years – was also dependent on a temporary tax credit for first-time buyers. In other words, this latest US growth spasm stemmed from one-off government "giveaways" – with the public only able to take advantage of such gimmicks by going deeper into debt. The rise in US consumption coincided with a 3.4pc fall in household disposable income and a plunging savings rate too. With government and household debt spiralling anew, America's so-called "return to growth" is nothing but a return to higher leverage.
Consumer spending makes up 70pc of the US economy. So we should all be concerned that after a "euphoric" third quarter, the mood darkened significantly this month. The respected Conference Board measure of consumer confidence just plunged to a 26-year low, which is hardly surprising. US unemployment, now at its highest since the early 1980s, is still rising fast.
Extremely weak consumer sentiment is a stark reminder of how fragile the world's largest economy remains, not least as the "bold" stimulus measures subside. The grim reality is that America isn't out of recession, whatever your stockbroker tells you. Over the last 40 years, all US slumps have been interrupted by at least one quarter of positive growth, followed by a renewed downturn.
America hasn't yet recovered and it won't anytime soon – not unless President Obama finds the courage to hose down his friends in the banking sector and force them to start lending.
Originally posted by dreamseeker
reply to post by Whereweheaded
and many millions do we have to scarfice to make that possible? How many people will die? Poor granny she is too much of an expenditure; so she will die in the street like a rat. Poor little kid who came into the world through know fault of his or her own; this kid is costs too much money because they are in a wheelchair. We can't pay for that sugery so sorry the kid dies at only 10 years old.
This will become the norm in your vision! Ambulance ride alone costs $1k; medical bills will bankrupt our poorest citzens. I am really shocked by your responses. If you claimed to be religous I would even be more shocked. I never understood why people who claim they are republican who are typically Christian are more about themselves and money?
Could you explain that to me?
Originally posted by OutKast Searcher
Originally posted by Whereweheaded
reply to post by OutKast Searcher
Just so I understand you?, So if you work 80 hours a week, made a good living for yourself, you should give a percentage to the homeless guy that lives in the gutter all because he chose to be homeless, and is deserving, or entitled to your paycheck?
Yes, I have no problem helping out those that, for whatever reason, may not be doing well in life.
Not because he is "entitled" to my paycheck...but the country I live in will be a better place if that person has a place to sleep, a little something to eat, and can get some basic free healthcare if he is sick.
I gladly give a percentage of my paycheck to make that happen...I would much rather have a little less so they can have a little more...I will take that over seeing dead people in the streets because some people didn't think they were "deserving" enough to be helped out.
200-300 on utilities (no phone, no cable, just lights, water, and gas
200-300 to get back and forth to work,
Well in that case, I do accept pay pal, and I think 10% of your pay should cover my costs of living
Originally posted by dreamseeker
reply to post by Whereweheaded
Ignorance; no enlightment yes. I learned through my education and experience the true value of humanity.