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Despite strong economy, some struggle to get ahead
McClatchy News Service ^ | October 18, 2006 | Kevin G. Hall

Posted on 10/26/2006 6:18:46 PM PDT by mustang buff

WASHINGTON - When he was asked recently why Americans aren't delighted by their strong economy, Treasury Secretary Henry Paulson called that the $64,000 question.

(Excerpt) Read more at startribune.com ...


TOPICS: Business/Economy
KEYWORDS: badpropaganda
This is over a week old but I thought it relevant since I know a lot of folks who can relate to this article.
1 posted on 10/26/2006 6:18:47 PM PDT by mustang buff
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To: mustang buff

It's funny we never hear about them "stuggling to get ahead" during the Clintonista regime's "boomin' economy." Communist propaganda.


2 posted on 10/26/2006 6:21:46 PM PDT by FlingWingFlyer (If it embarrasses you to prove your U.S. citizenship, DON'T VOTE!!!)
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To: FlingWingFlyer

ping


3 posted on 10/26/2006 6:23:09 PM PDT by PatrickF4
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To: mustang buff

This is shocking. Who ever would have thought that in a competitive economy, some people will outperform others and, gasp, some people will be outperformed. My perception of the world around me has been turned upside down.


4 posted on 10/26/2006 6:23:33 PM PDT by Axhandle
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To: mustang buff

Women and children hardest hit, right?


5 posted on 10/26/2006 6:24:00 PM PDT by MichiganConservative (The US is so full of domestic enemies, maybe all we can do is slow the inevitable ascent of tyranny.)
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To: mustang buff

Is necessary to talk the economy down, at least before Nov. 7


6 posted on 10/26/2006 6:24:13 PM PDT by PatrickF4
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To: mustang buff

You are so right. The proper liberal propagandist must always, always, find the dark lining in any cloud, when forecasting for Republicans, and must always diligently pick for the tiniest speck of hope in the darkest moment for any Democrat. To them, that is journalism.


7 posted on 10/26/2006 6:25:40 PM PDT by 1-Eagle (There is no such thing as an accurate poll. There are no penalties for inaccutate polls. Forget them)
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To: mustang buff

We'll all be hurting if Democrats get control of the House and they manage to raise taxes. I think Bush would veto, but do we really want to take that chance?


8 posted on 10/26/2006 6:25:46 PM PDT by MichiganConservative (The US is so full of domestic enemies, maybe all we can do is slow the inevitable ascent of tyranny.)
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To: mustang buff

The End Times are nigh, I tell ya!


9 posted on 10/26/2006 6:27:13 PM PDT by Extremely Extreme Extremist
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To: mustang buff
When he was asked recently why Americans aren't delighted by their strong economy...

Uh? How about? 40% of the American population are partisan Dims, and being delighted about the current boom would only benefit the GOP?

10 posted on 10/26/2006 6:27:54 PM PDT by Onelifetogive (* Sarcasm tag ALWAYS required. For some Freepers, sarcasm can NEVER be obvious enough.)
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To: mustang buff

The article seems to highlight energy and health care costs. In Maryland here the last all dem legislature(1999) signed on a deal to sell BG&E (Baltimore Gas and Electric). It came into effect last year and many home's energy bills have DOUBLED. Health care costs have numerous reasons. I wouldn't want to hijack a thread (illegal aliens forcing hospitals to shut down). So I'll just stick with the local energy issue. We need to drill, we need more power plants, we need more infrastructure and competition. The most likely party to advance these is the Republican party. /rant


11 posted on 10/26/2006 6:28:00 PM PDT by kinoxi
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To: mustang buff
Almost everyone I know is struggling. Professional, college educated, married, divorced, whatever. Even with all the outward signs of "the good life," there is little peace. It really is a shame.

Younger people starting out, who haven't had any reversals and don't really have any major obligations, seem to be sailing along just fine, however, and are effective exponents of a boom economy. Their biggest problem is deciding what to wear to a party.

The number people who really do have it in balance -- a decent life and a decent life style, is pretty small indeed.

Still, is it me, is it just New York, or is everyone stressed and overly touchy?

Nevermind, I know the answer.

12 posted on 10/26/2006 6:28:08 PM PDT by the invisib1e hand (* nuke * the * jihad *)
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To: FlingWingFlyer

Exactly! If you believe the MSM, this is the worst economy since the invention of money. And isn't it amazing how these stories start flying two weeks before an election?


13 posted on 10/26/2006 6:28:29 PM PDT by Frank_2001
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To: PatrickF4

Its an easy answer: many people are not capable of self-denial. Our family of 6 gets by on slightly more than the nat'l median income for a family of 4 just fine. Our only debt is a small mortgage and a small car payment. No credit card period, pay everything by check or cash. We still give the kids nice presents for birthdays and christmas, even manage to support two kid's interest in ice hockey (mucho $$$!). LAst time we bought a new car? 1996. Did we buy more house than we could afford? No. Do we have all the latest gadjets? No. Too many people who make decent incomes think they're entitled to live like the wealthy, rather than be content with the blessings they have.


14 posted on 10/26/2006 6:29:16 PM PDT by cschroe
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To: mustang buff

Eh, anyone prepping their kids for scholarships for college is more than likely going to be disappointed. There are very few of those to go around.

The exception is at large state schools, but even then, only a limited percentage of kids are going to receive them, and it takes more than just an above average student to receive them.

Perhaps we'll see more kids entering needed and professional-geared fields like engineering as college becomes more of an investment..


15 posted on 10/26/2006 6:29:36 PM PDT by CheyennePress
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To: mustang buff

"Despite strong economy, some struggle to get ahead..."

That is the briefest history lesson I ever read.


16 posted on 10/26/2006 6:29:41 PM PDT by billhilly
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To: mustang buff

Economy Booms; Women and Minorities Hardest Hit


17 posted on 10/26/2006 6:29:57 PM PDT by oblomov (Join the FR Folding@Home Team (#36120) keyword: folding@home)
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To: mustang buff

If the Dems win their will be no poor, no hungry, no infirm. The lame will walk. The blind will see.(BROTHER!)


18 posted on 10/26/2006 6:30:17 PM PDT by the Real fifi
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To: MichiganConservative

ach, you beat me to it...


19 posted on 10/26/2006 6:30:35 PM PDT by oblomov (Join the FR Folding@Home Team (#36120) keyword: folding@home)
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To: cschroe

Couldn't agree with you more! Most people I know are like that guy in the Commercial, playing golf at his club, his great kids, a house in the suburbs, riding lawn mower and It's KILLING him!! hee, hee.. that's what happens when you are silly, self absorbed and want to impress others!
Out on a limb.


20 posted on 10/26/2006 6:37:40 PM PDT by acapesket (never had a vote count in all my years here)
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To: mustang buff

As it was with that long swim to the egg, "getting ahead in life" is supposed to be a "struggle".

This economy is just fine.....

Want more, then work harder. Don't work, don't support this country, don't follow the rule of law and do nothing but bitch and ask for handouts.........no problem....you can starve to death for all I care.


21 posted on 10/26/2006 6:40:22 PM PDT by Gator113
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To: the invisib1e hand

"Still, is it me, is it just New York, or is everyone stressed and overly touchy?"

Move to the Texas hill country, enjoy the hunting season and the awesome BBQ.


22 posted on 10/26/2006 6:45:40 PM PDT by 353FMG (Unity=Life ; Diversity=Death)
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To: Axhandle

This is what happens when people are conditioned to believe that having 100% of the population on the right side of the bell curve (regardless of what is being measured) is mathematically possible.


23 posted on 10/26/2006 6:46:06 PM PDT by Alberta's Child (Can money pay for all the days I lived awake but half asleep?)
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To: mustang buff
When he was asked recently why Americans aren't delighted by their strong economy

Because some of us live in Michigan.

24 posted on 10/26/2006 6:50:22 PM PDT by quantim (Only one thing is universally incurable: Senators that think they should be President.)
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To: the invisib1e hand; mustang buff

You may think this might sound a touch off subject, but how old are both of you? I am pushing 40 and honestly have never had it better in my life. Opportunity is huge! Interest rates are in the basement! The economy favors entrepreneurship like never before, and puts me right where I need to be fiscally. Why you guys find it sooooo tough is not because of the economy at all. Look a little closer to home to find out why your struggling, OK?


25 posted on 10/26/2006 6:51:52 PM PDT by phoenix0468 (http://www.mylocalforum.com -- Go Speak Your Mind.)
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To: the invisib1e hand

I live in NY too and everyone I know here is struggling including me. But basically it has to do with being in NY. High Rents, Mortgages, taxes, etc. Even with a good salary you just can't make ends meet. Its doesn't have anything to do with the overall economy its just NY. As long as you live here you will be struggling unless you are rich.


26 posted on 10/26/2006 6:53:19 PM PDT by areafiftyone (Politicians Are Like Diapers - Both Need To Be Changed Often And For The Same Reason)
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To: phoenix0468

I am in my 40's and its really got to do with what state you live in. Try living in NY State and you will find yourself struggling and living from paycheck to paycheck. Its stinky NY.


27 posted on 10/26/2006 6:54:26 PM PDT by areafiftyone (Politicians Are Like Diapers - Both Need To Be Changed Often And For The Same Reason)
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Comment #28 Removed by Moderator

To: cschroe
"Its an easy answer: many people are not capable of self-denial. Our family of 6 gets by on slightly more than the nat'l median income for a family of 4 just fine. Our only debt is a small mortgage and a small car payment. No credit card period, pay everything by check or cash. We still give the kids nice presents for birthdays and christmas, even manage to support two kid's interest in ice hockey (mucho $$$!). LAst time we bought a new car? 1996. Did we buy more house than we could afford? No. Do we have all the latest gadjets? No. Too many people who make decent incomes think they're entitled to live like the wealthy, rather than be content with the blessings they have."

Worth repeating. You hit it right on the nose. I know a couple who make $200K a year, and live paycheck to paycheck, and and another couple who make 50k a year, who have their house and cars paid for, take vacations to Alaska, and have investments in the 6 digits... because they are frugal and save their money.
29 posted on 10/26/2006 6:56:02 PM PDT by riverrunner
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To: cschroe

I live like you do. Ain't it relaxing? I have a small house in a small city, older car (paid for), home-cooking, and pay off my credit card bill every month. I am paying tuition for one son at a state college. I am able to do all of this and work only 20 hours a week because I planned carefully for it. If I need money for something extra, I work more hours. Of course, none of this would be possible without the blessing of good health.


30 posted on 10/26/2006 6:59:37 PM PDT by Wage Slave (Good fences make good neighbors. -- Robert Frost)
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To: billhilly
Despite strong economy, some struggle to get ahead "Slackers" I think in disgust, as I toss my Merlot across the lawn.
31 posted on 10/26/2006 7:01:56 PM PDT by Thrownatbirth (.....when the sidewalks are safe for the little guy.)
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To: mustang buff
Workers are barely keeping up. Health care, wages and energy prices are consumers' top three economic concerns

not to mention the necessities, HDTV wide screens, cell phones for each family member, high speed internet, $200 sneakers, new Dodge truck, Xbox 360, etc.

32 posted on 10/26/2006 7:02:04 PM PDT by steelwheels
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To: cschroe
"Too many people who make decent incomes think they're entitled to live like the wealthy, rather than be content with the blessings they have."

You and the Greek philosopher Epictetus (55-135 AD) would have been the best of friends.

Epictetus said: “Wealth consists not in having great possessions, but in having few wants.”

I admire your philosophy and try to apply it my own life.

33 posted on 10/26/2006 7:05:17 PM PDT by Unmarked Package
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To: steelwheels
You're absolutely right. I gotta disagree with you on the high-speed internet, though (I use it for work).

Oh, and the truck, too -- though I'm a Ford man myself. LOL.

I buy one new vehicle every 12-14 years.

34 posted on 10/26/2006 7:11:34 PM PDT by Alberta's Child (Can money pay for all the days I lived awake but half asleep?)
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To: steelwheels

I'm retired and keeping my head above water only with the grace of God. That said, I planned ahead ten years ago when I was working and set money aside in a bond to buy a new car, if needed. Three weeks after the bond matured, my old car needed major repairs, so I bought a new car. The moral of the story - plan ahead so you can treat yourself to a needed expense when needed. Otherwise, live frugally and economize when you can.


35 posted on 10/26/2006 7:13:27 PM PDT by Ciexyz (Satisfied owner of a 2007 Toyota Corolla.)
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To: areafiftyone

I lived there for three years back in the early nineties. Yes, the cost of living is high, I agree.


36 posted on 10/26/2006 9:49:12 PM PDT by phoenix0468 (http://www.mylocalforum.com -- Go Speak Your Mind.)
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To: areafiftyone

Your point is valid but Florida also required a two-family income.


37 posted on 10/27/2006 3:56:17 AM PDT by the invisib1e hand (* nuke * the * jihad *)
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To: phoenix0468
I am pushing 40 and honestly have never had it better in my life...Look a little closer to home to find out why your struggling, OK?

I'm not going to dice this idiotic comment into confetti in front of everyone like I'm tempted to.

I'll just point out that you have drawn a conclusion without any evidence and certainly without comprehending what was written about the subject.

A little closer to home, indeed.

38 posted on 10/27/2006 3:59:21 AM PDT by the invisib1e hand (* nuke * the * jihad *)
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To: cschroe

"Too many people who make decent incomes think they're entitled to live like the wealthy, rather than be content with the blessings they have."

You just hit the nail on the head.

Madison Avenue has convinced way too many of us that we just CANNOT be happy without a big screen TV, a Porsche, and a 5000 square foot home.

People that buy into their hype will NEVER have enough money!


39 posted on 10/27/2006 5:20:39 AM PDT by EEDUDE
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To: CheyennePress

"Perhaps we'll see more kids entering needed and professional-geared fields like engineering as college becomes more of an investment.."


Don't bet on it. The outsourcing and H1B visa insourcing of engineering jobs is further decreasing an already low engineering enrollment in this country.

Engineering is one of the toughest curriculums there is.

Few people want to work that hard to have their careers truncated at age 40.


40 posted on 10/27/2006 5:26:04 AM PDT by EEDUDE
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To: phoenix0468

Yup and I don't even own a cellphone because I can't afford it. LOL Good thing there are lots of payphones in the city! LOL


41 posted on 10/27/2006 5:30:06 AM PDT by areafiftyone (Politicians Are Like Diapers - Both Need To Be Changed Often And For The Same Reason)
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To: kinoxi
Absolutely agree with you.

I would add, as we have attained the 300 million person mark, not counting illegals; a serious revolution needs to happen with our infrastructure. As our population continues to grow the existing infrastructure continues to be more strained, more demands are being made on energy, and less is being done to meet those demands. While I do believe every American needs to conserve energy, we also need to be building the infrastructure to support the population of tomorrow. Right now, we are not prepared to meet that growing demand and much of the unpreparedness lies with the democrats and the ongoing partisanship.
42 posted on 10/27/2006 5:33:24 AM PDT by EBH (All great truths begin as blasphemies. GB Shaw)
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To: cschroe
Too many people who make decent incomes think they're entitled to live like the wealthy, rather than be content with the blessings they have.

People (quite naturally) think they are entitled to the lifestyles they see depicted as the norm on television. If they would turn off the TV, not only would the feelings of envy and economic discomfort diminish, but they wouldn't have to listen to Howard Dean ranting any more. ;)

43 posted on 10/27/2006 5:35:14 AM PDT by Mr. Jeeves ("When the government is invasive, the people are wanting." -- Tao Te Ching)
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To: MichiganConservative
"Women and children hardest hit, right?"

You left out minorities.

44 posted on 10/27/2006 5:37:11 AM PDT by Pietro
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To: quantim

or worse yet,...some of us live in Cleveland.


45 posted on 10/27/2006 5:37:28 AM PDT by EBH (All great truths begin as blasphemies. GB Shaw)
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To: areafiftyone
I live in NY too and everyone I know here is struggling including me. But basically it has to do with being in NY. High Rents, Mortgages, taxes, etc.

Natural gas and electric are outrageous too, especially on Long Island. The lower rates promised by allowing LIPA to take over LILCO was all a big fat lie.

46 posted on 10/27/2006 5:45:02 AM PDT by murphE (These are days when the Christian is expected to praise every creed but his own. --G.K. Chesterton)
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To: areafiftyone

Uh these are the boom years in NY. Average salaries on Wall Street are topping $300,000 and even bartenders are approaching six figures in many places.

Really, it's not going to get much better than this.


47 posted on 10/27/2006 5:47:41 AM PDT by durasell (!)
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To: MichiganConservative
"Women and children hardest hit, right?"

No, actually race baiters and Socialists hardest hit.

48 posted on 10/27/2006 6:08:07 AM PDT by Redleg Duke (ˇSalga de los Estados Unidos de América, invasor!)
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To: the invisib1e hand

We live in Florida on one income so I can homeschool the kids. Real estate is expensive, but we bought a few years ago before it got really outrageous. Other than that, Florida's a bargain. I've lived in 9 states, and I would consider the cost of living in Florida, other than housing, to be on a par with the Midwest. No state income taxes and a cap on property taxes. Not having to heat your home in the winter. No expensive winter clothes or boots. No snow tires. The beach is cheap entertainment.

Most of the people we know here are homeschoolers. Incomes vary, but everyone's making it and no one's starving.


49 posted on 10/27/2006 8:21:31 AM PDT by LadyNavyVet
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