The 11 Nasty Trends:
Note: Lots of terrifying numbers, graphics and explanations in the original article.
I’m getting nowhere fast in my own job search. I’ve got 25 years experience and really an excellent resume, and I barely get interviews.
I don’t know if it’s me, the fact that I’m older, or the economy.
But, psychologically it’s starting to drive me nuts. I thought the one thing in life I could do was get a job and work.
Anybody needs a bookkeeper in the NYC metro area, freepmail me!
Obama wants to divide “THE” pie...
instead of create many more pies...
What happens when the pie is eaten?... (well you know)...
Lack of civility and fighting for crumbs.. i.e. SHTF...
Looking at the chart I have to wonder how much of the Stock price increase is due to quantitative easing, i.e. inflation?
A lot goes into determining stock price, but at core a share of stock represents some basic value in the underlying company it represents. Stock companies haven’t doubled their value, but as printed dollars keep watering down value stock prices are running to keep ahead of inflation.
bttt
Scary.
I see more and more folks I come across understand the mess we are in but they still think an election will fix this
bttt
then why are we not trying to reduce it.....crickets is all we get.....it gets little attention....this tax dwarfs income and corporate taxes...see chart.
where is norquist and his ilk when we need him?
The best way of describing the current economy is the analogy of a “kept woman”, a mistress of a spendthrift professional gambler.
Everything she has or does is only because he keeps giving her money, but only in the form of things or gifts.
She lives in an apartment only because once a month he pays her rent. She wears fashionable clothes that are now used so no longer command value. She gets room service or eats in restaurants, so has no food in her pantry.
And while the gambler used to have a lot of money, his debts to the casinos are allowed only because he keeps gambling and making the debts larger. He now owes several fortunes, and the only reason the casinos haven’t demanded payment is because carrying his debt still makes them look very profitable.
Even he now realizes his disastrous course, and wants to gamble less, but if he does, the casinos will call his debts and he will be ruined overnight.
And his “kept woman”, the US economy, will be penniless and out on the street.
Bring back jobs to America.
Now.
4. Dependency Growing, Not Jobs
Yet there are more idiots like Ed Schultz screaming that we need more welfare, more unemployment benefits, and such to “grow the economy”. And those rich people are not really job creators, they just sit on their piles of money like Scrooge McDuck.
Feb. 5, 1976, Prime Minister Thatcher said, “...and Socialist governments traditionally do make a financial mess. They [socialists] always run out of other people’s money. It’s quite a characteristic of them.”