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Topic: Americans Getting Poorer - page 3. (Read 9035 times)

legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
November 13, 2014, 02:23:22 AM
Actually, Americans are not getting poorer. They are simply remaining ignorant of their potential. The national debt is money owed Americans by the banks, not the other way around. And the banking system has created something over $200 trillion of debt around the world that is essentially owed by other countries to America. Start looking at things like the Uniform Commercial Code, and Accepted for Value (A$V, AFV).

Smiley
Does anyone expect 200 trillion will be repaid?
hero member
Activity: 1022
Merit: 500
November 13, 2014, 12:32:32 AM
I think that people today feel "poorer" mainly because they don't see a positive future for themselves or the country.

People feel poorer because the government is getting bigger and suck out more money, inflation is decreasing the purchasing power of the middle class and the perspectives are not good; people get a feeling of what is coming by looking at their own finances and situation, they don't need the fixed government economic figures to have an idea of what is happening and it is not pretty in the US.
hero member
Activity: 916
Merit: 500
November 12, 2014, 07:47:12 PM
I think that people today feel "poorer" mainly because they don't see a positive future for themselves or the country.
hero member
Activity: 784
Merit: 1000
November 12, 2014, 08:31:29 AM

Minimum wage is unhealthy for the system. The reason outsourcing trend is still going on right now as cheaper labor can be find elsewhere even for highly specialized profession.


It is good and bad, unfortunately there is not another great option besides minimum wage.  This promotes a stabilized economy and work.  Unfortunately large corporations take advantage of this and hire outside of the states and have their employees telecommute.  Thank god everyone doesn't but there isn't much of a better solution than minimum wage
hero member
Activity: 1022
Merit: 500
November 07, 2014, 02:37:48 PM
There are many reasons show that the American economy has experienced rising income and wealth inequality for several decades, and there is little evidence that these trends are likely to reverse in the near term.

Government intervention and giving away government money to the less fortunate has increased the inequality because the most powerful get the most benefit of the government action and the poor stay poor
full member
Activity: 164
Merit: 100
November 06, 2014, 09:05:32 AM
They are finally raising the minimum wage, which will at least help the people who make that.

Unfortunately they are only raising the minimum wage.  I know in Seattle it will be going up to $15/hr.  That is absolutely insane they don't raise everything else.  I imagine there are some people out there making $14/hr and are doing fairly well at a respectable entry level job.  Now you can get the exact same pay at Mcdonalds?  What is wrong with this picture...

Minimum wage is unhealthy for the system. The reason outsourcing trend is still going on right now as cheaper labor can be find elsewhere even for highly specialized profession.
hero member
Activity: 784
Merit: 1000
November 06, 2014, 09:01:28 AM
They are finally raising the minimum wage, which will at least help the people who make that.

Unfortunately they are only raising the minimum wage.  I know in Seattle it will be going up to $15/hr.  That is absolutely insane they don't raise everything else.  I imagine there are some people out there making $14/hr and are doing fairly well at a respectable entry level job.  Now you can get the exact same pay at Mcdonalds?  What is wrong with this picture...
hero member
Activity: 1022
Merit: 500
September 30, 2014, 11:11:43 AM
There is no solution to economic problems under the current framework. An actual solution would be considered radical and an abandonment of capitalism.

It is not capitalism that created the problems but the State, who is spending trillions on wars? Who is having stupid regulation where businesses need to be liable for everything against the employee so take that into account to pay less their employees, who set interests rates very low in 2000s then in 2010s, who has a trade deficit and a public deficit as well?
The State
legendary
Activity: 3906
Merit: 1373
September 29, 2014, 11:00:29 AM
Actually, Americans are not getting poorer. They are simply remaining ignorant of their potential. The national debt is money owed Americans by the banks, not the other way around. And the banking system has created something over $200 trillion of debt around the world that is essentially owed by other countries to America. Start looking at things like the Uniform Commercial Code, and Accepted for Value (A$V, AFV).

Smiley
sr. member
Activity: 280
Merit: 250
September 28, 2014, 08:53:18 PM
Everyone is getting poorer.. Even politicians will not admit they are rich..

Yes, because politicians never lie.  I am quite sure since we literally pay for everything they do, they are getting by just fine and have tons of money to spare.

It is seen badly to have become rich for a politician while if the politician became rich building a busness, creating value and jobs it should be seen as a good thing compared to spending all his money and never investing like Joe Biden.

Most politicians invest taxpayer dollars in Swiss banks
This is really not true. Most politicians need to disclose publicly as to where they have their money and their finances are generally able to be audited privately (not by private citizens).

Households in the US are getting poorer because of bad economic policies over the past 5.5 years under president Obama. It is as simple as that.
newbie
Activity: 30
Merit: 0
September 28, 2014, 08:22:01 PM
The inherent problem is that America is becoming increasingly privatized.  People no longer act for the best interest of society, but rather for the money to line their pockets.  The most shining example of this is the court system.  No longer is it an establishment that seeks justice, but one where people battle it out to get the largest sum of money. 
hero member
Activity: 1022
Merit: 500
September 28, 2014, 04:06:33 PM
Everyone is getting poorer.. Even politicians will not admit they are rich..

Yes, because politicians never lie.  I am quite sure since we literally pay for everything they do, they are getting by just fine and have tons of money to spare.

It is seen badly to have become rich for a politician while if the politician became rich building a busness, creating value and jobs it should be seen as a good thing compared to spending all his money and never investing like Joe Biden.

Most politicians invest taxpayer dollars in Swiss banks

They have a lot of things paid and a nice salary + some use their political power and influence to do business
hero member
Activity: 826
Merit: 504
September 25, 2014, 09:41:21 AM
Everyone is getting poorer.. Even politicians will not admit they are rich..

Yes, because politicians never lie.  I am quite sure since we literally pay for everything they do, they are getting by just fine and have tons of money to spare.

It is seen badly to have become rich for a politician while if the politician became rich building a busness, creating value and jobs it should be seen as a good thing compared to spending all his money and never investing like Joe Biden.

Most politicians invest taxpayer dollars in Swiss banks
hero member
Activity: 1022
Merit: 500
September 25, 2014, 08:51:15 AM
Everyone is getting poorer.. Even politicians will not admit they are rich..

Yes, because politicians never lie.  I am quite sure since we literally pay for everything they do, they are getting by just fine and have tons of money to spare.

It is seen badly to have become rich for a politician while if the politician became rich building a busness, creating value and jobs it should be seen as a good thing compared to spending all his money and never investing like Joe Biden.
hero member
Activity: 826
Merit: 504
September 25, 2014, 08:35:59 AM
Everyone is getting poorer.. Even politicians will not admit they are rich..

Yes, because politicians never lie.  I am quite sure since we literally pay for everything they do, they are getting by just fine and have tons of money to spare.

I mean, they play GOLF! The most boring piece of crap played by people who have too much free time on their hands!
hero member
Activity: 784
Merit: 1000
September 25, 2014, 07:44:09 AM
Everyone is getting poorer.. Even politicians will not admit they are rich..

Yes, because politicians never lie.  I am quite sure since we literally pay for everything they do, they are getting by just fine and have tons of money to spare.
newbie
Activity: 15
Merit: 0
September 24, 2014, 01:16:45 AM
Everyone is getting poorer.. Even politicians will not admit they are rich..
newbie
Activity: 16
Merit: 0
September 18, 2014, 06:41:55 AM
There is no solution to economic problems under the current framework. An actual solution would be considered radical and an abandonment of capitalism.

What can you suggest when you said radical solution for the abondonment of capitalism
full member
Activity: 139
Merit: 100
September 18, 2014, 05:38:25 AM
There is no solution to economic problems under the current framework. An actual solution would be considered radical and an abandonment of capitalism.
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
September 18, 2014, 02:20:43 AM
Someone said that the dollar is printed as toilet paper


It's funny how it works, once upon a time, bankers would send men to come over and steal your shit, now they just sit there and print the shit out of your currency.

I believe in Bitcoin, I believe in the American dream, and I believe Bitcoin will save America.

How?
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