• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

US: Working age people - losing ground.

Engineer

Engineer

Elite Member
Keep chipping away at the foundation and this is what you get and will only get worse. Welcome to Walmart (McDonalds)...would you like a cart (fries with that)?

http://finance.yahoo.com/news/US-wo...3.html?x=0&sec=topStories&pos=4&asset=&ccode=

[WASHINGTON (AP) -- Hurt by high unemployment, working-age Americans are expected to lose ground when new census figures on poverty and the uninsured are released.

The Census Bureau on Tuesday is releasing its annual report on United States economic well-being for 2010, when unemployment averaged 9.6 percent.

The figures also are expected to show a 10th year of decline in the share of people with employer-provided insurance, reaching a new low. Currently just over 55 percent of people receive health coverage through their work.

Congress passed a health overhaul last year to address the rising numbers of uninsured people, but its main provisions don't take effect until 2014.

Analysts also predict that the U.S. poverty rate will increase from its current level of 14.3 percent, or 1 in 7.
Click to expand...
 
I was thinking "Holy shit our poverty rate is that high?!" and then I looked up historical figures and that's considered low.
 
Ausm said:
That's trickle down economics working for ya!
Click to expand...

Trickle down, regardless of your view on it, is not what's kicking us in the ass right now...it's "Trickle out" as in jobs leaving for so called "free trade". Keep tearing out the foundations of the lower and middle classes and the whole building will fall.....
 
The job creators never wanted to create jobs in the US.

Creating a job in the US means you make a $15 profit instead of a $35 profit off of product X. And that is unacceptable to the rich.
 
Macamus Prime said:
The job creators never wanted to create jobs in the US.

Creating a job in the US means you make a $15 profit instead of a $35 profit off of product X. And that is unacceptable to the rich.
Click to expand...

Why not start your own business then making a $15 profit on everything you sell? Seems like guaranteed money to me.
 
Engineer said:
Trickle down, regardless of your view on it, is not what's kicking us in the ass right now...it's "Trickle out" as in jobs leaving for so called "free trade". Keep tearing out the foundations of the lower and middle classes and the whole building will fall.....
Click to expand...

It seems we have an undesirable choice between protectionism, which makes local markets uncompetitive, and free trade, which hurts local markets.
 
Last edited:
Fear No Evil said:
Why not start your own business then making a $15 profit on everything you sell? Seems like guaranteed money to me.
Click to expand...

Because the money should go to bailing out shithead investment firms instead - all $800 billion of it. I mean, why give that amout of money to people actually willing to create jobs?

Oh, excuse me, I forgot my place, sir; I am not worthy of the tax dollars I've been pouring into this country's government since the age of 16. I should have saved the hundreds of thousands of dollars needed to start a business all on my own - in addition to the taxes I've been paying, living expenses, health insurance, retirement, etc. I mean, if I can't do ALL of that and still have more than enough cash to start my own business, I am clearly living beyond my means.

Typical swine fingermen mentality; you can tell me what I should be doing with my money and life, but when the people who you lick their bottoms clean are questioned; I have no right and say in it.
 
Atreus21 said:
It seems we have an undesirable choice between protectionism, which doesn't work, and free trade, which hurts local markets.
Click to expand...

Then we keep shipping jobs out in a self defeating cycle. Welfare and other government programs expand on borrowed money as the "masses" vote themselves enough to keep (or even raise) their standard of living (which would otherwise drop from the lowering of wages and benefits).
 
I think the story in the OP is BS. Sure you can show that the poverty rate is going up among working age Americans. I bet you can also show that among educated Americans, the average salary is also going up. I wish people would learn that it takes discipline, hard work, determination, and most likely an education to make it in this world. If you are missing any of those, your chances are not good. Unless of course, you want the nanny state to provide, in which case, you are the perfect candidate.
 
Engineer said:
Then we keep shipping jobs out in a self defeating cycle. Welfare and other government programs expand on borrowed money as the "masses" vote themselves enough to keep (or even raise) their standard of living (which would otherwise drop from the lowering of wages and benefits).
Click to expand...

That sounds like a good argument in favor of reducing welfare. Increased welfare creates an incentive to not seek employment, or against some semblance of self-reliance.

Granted, people will suffer immediately. But people are going to suffer regardless of the choice we make. I think increasing welfare will create more suffering in the long term.
 
Last edited:
yet they still have money for cell phones/ipods/tattoos/face bolts/lap tops/obesity/ but don't have the money for health care. cry me a river.
 
IGBT said:
yet they still have money for cell phones/ipods/tattoos/face bolts/lap tops/obesity/ but don't have the money for health care. cry me a river.
Click to expand...

It's almost like some of these things have gotten much cheaper over the last 40 years while another of these things have gotten much more expensive!

I wonder which one it is?! My guess is face bolts, what's yours?
 
eskimospy said:
It's almost like some of these things have gotten much cheaper over the last 40 years while another of these things have gotten much more expensive!

I wonder which one it is?! My guess is face bolts, what's yours?
Click to expand...

So anything cheaper than healthcare is not a waste? And if you add up all the waste on the crap he mentioned I am pretty sure you could have purchased your own healthcare.
 
Atreus21 said:
It seems we have an undesirable choice between protectionism, which makes local markets uncompetitive, and free trade, which hurts local markets.
Click to expand...

Well you can also have government/private initiatives to give incentives (vs. constraint like protectionism) to actually push growth in certain strategic industries. For example, if the government thinks IT consulting is a strategic industry that can provide good salary and make American economy more competitive, the government can plan for technology zone, give tax incentive for those companies, give payroll tax cut to decrease cost of those consultants...etc.

The idea is to help instead to add more constraints. You can have free trade and help your companies to be more competitive in the free trade. With the #1 economy, US should be able to provide plenty of help.
 
xBiffx said:
So anything cheaper than healthcare is not a waste? And if you add up all the waste on the crap he mentioned I am pretty sure you could have purchased your own healthcare.
Click to expand...

Uhmm, no you couldn't. Certain demographics and people without health problems can get health insurance fairly cheaply in the US, but there are tons of people who can't. (I for one could never get insured if I weren't on a group plan)

Americans spend more than $5,000 per capita per year on health care, which is where the figure of the average household spending about $12,000 per year on health care comes from. Now a good portion of this cost comes from employer contributions to health care, but clearly if someone doesn't have it they aren't getting employer contributions.

That's a lot of face bolts.
 
eskimospy said:
Uhmm, no you couldn't. Certain demographics and people without health problems can get health insurance fairly cheaply in the US, but there are tons of people who can't. (I for one could never get insured if I weren't on a group plan)

Americans spend more than $5,000 per capita per year on health care, which is where the figure of the average household spending about $12,000 per year on health care comes from. Now a good portion of this cost comes from employer contributions to health care, but clearly if someone doesn't have it they aren't getting employer contributions.

That's a lot of face bolts.
Click to expand...

I'll give you that health care is quite expensive for those with existing health issues, I would know. Perhaps you wouldn't be able to cover the $5000 from all the crap listed but you could probably cover half. Problem is, people want all the stupid crap AND the free healthcare. How about, lose the crap, and pay for half of your healthcare. That, I would be OK with.
 
Trickle down and out economics for ya. Money is given to the top, supposedly to trickle down, but instead just leaves the country. Middle class shrinks, top few percent grow even more rich than ever before.

Politics, both republicans and democrats bought and paid for by your local corporation. Just another reason I'm surprised all of the republican ditto heads kept saying "reagan reagan reagan taxes taxes taxes" at the debate. We're already deep in debt and they want to cut taxes even more for the rich? Really?
 
xBiffx said:
I'll give you that health care is quite expensive for those with existing health issues, I would know. Perhaps you wouldn't be able to cover the $5000 from all the crap listed but you could probably cover half. Problem is, people want all the stupid crap AND the free healthcare. How about, lose the crap, and pay for half of your healthcare. That, I would be OK with.
Click to expand...

LOLWhaat? Free Healthcare? If someone goes into the Emergency room with no healthcare and stiffs the Hospital do you really think they eat those bills? Fuck no they pass it to people who are covered like me.
 
Ausm said:
LOLWhaat? Free Healthcare? If someone goes into the Emergency room with no healthcare and stiffs the Hospital do you really think they eat those bills? Fuck no they pass it to people who are covered like me.
Click to expand...

I agree, that's passed on to those who are covered. But the ones who are provided the service generally think it should be free. Its only free depending on your perspective, as you pointed out.
 
You must log in or register to reply here.

TRENDING THREADS

Back
Top