retirement crisis in america

bbsam

Moderator
Staff member
For every positive thing, a negative comes with It. not only loss of good jobs. Lost tax revenue. No need for people to buy more fuel efficent new cars. No need to develope alternative energy. The low cost of oil,will not be worth American companies to drill. So we can fund the overseas terrorists. Guess you are right bbsam.
If you want higher fuel prices, just call your congressional representatives and ask them to put in a sliding tax so the price at the pump never falls below $3.50 per gallon.
 

You've Got Mail

Well-Known Member
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Brownslave688

You want a toe? I can get you a toe.
Don't forget Spain which is another Greece. A few countries in Europe are doing OK (like Germany and Finland) but the more socialist ones are running out of other people's money to spend.
I always say we think 10% unemployment is bad. Spain is over 40% I believe. That's just nuts.
 

Brownslave688

You want a toe? I can get you a toe.
Germany is tied to those "socialist" countries. They go down, Germany falls.

Compared to the US, Germany is socialist.
This is the problem with Europe. They are all tied together.

Although you could say its the United states problem also. If we had less illinois and California's and more Texas and floridas we would be just fine.
 

Brownslave688

You want a toe? I can get you a toe.
If you want higher fuel prices, just call your congressional representatives and ask them to put in a sliding tax so the price at the pump never falls below $3.50 per gallon.
Let's not kid ourselves. Oil isn't going to stay down long.

Not long enough for any of the negative impacts to take place at least.
 

PT Car Washer

Well-Known Member
I always say we think 10% unemployment is bad. Spain is over 40% I believe. That's just nuts.
That may be the Official unemployment rate but just like in the U.S. there is a huge underground economy. How many times have you paid someone to do some yard work or auto repair or bought vegetables at a roadside stand?
 

oldngray

nowhere special
That may be the Official unemployment rate but just like in the U.S. there is a huge underground economy. How many times have you paid someone to do some yard work or auto repair or bought vegetables at a roadside stand?

Those unemployment numbers err in both directions. People working under the table aren't counted but neither are the long time unemployed who gave up looking for a job.
 

PT Car Washer

Well-Known Member
Those unemployment numbers err in both directions. People working under the table aren't counted but neither are the long time unemployed who gave up looking for a job.
I believe the long term unemployed have found an alternative method of providing for themselves. I don't see too many people starving in the streets. Not that I don't have empathy for homeless people but for some it is a choice. Only real free people in this country.
 

3 done 3 to go

In control of own destiny
The unions are also their worse enemy. Not even half can turn out to vote. The union makes government promises , either side can never keep. The US workforce is the minority. How can anyone worry about others when you almost barely have enough for your own. I grew up with "you don't work ,you don't eat ".
 

rickyb

Well-Known Member
$15 -$20 an hour for fast food would mean your fast food would cost so much the $34 an hour we make wouldn't be middle class.

The "ultra rich" don't pay anything in taxes anyway. They know how to get around it. Tax rates could be dropped big time if loop holes didn't exist. Why have write offs? If you make x amount you are taxed y amount. Period.

Not a flat tax how about a fair tax. Herman Cains plan was a decent start. Everyone pays the same income tax then have a national sales tax. The rich spend more so they would be taxed more.

not necessarily. it depends what the company does with the money: they could have less profits, they could charge more to the customer. so in australia they earn $16 USD /hr , and their big macs cost less than $0.50 more than americans who earn half as much per hour.

also recently the costs of things like food keeps rising, but wages dont rise. so that also debunks your idea about wages keeping up with costs of things.



i guarantee you herman cain was under total corporate control just like obama, bush, clinton, bush, and reagan...if everyone pays the same percentage rate on their income tax that is a flat tax.

its important to remember that Franklin Roosevelt created Social Security, Federal Minimum wage, Unemployment Insurance during the great depression when unemployment was 25%. nowadays we have cuts or talks of getting rid of those programs altogether
 

rickyb

Well-Known Member
Don't forget Spain which is another Greece. A few countries in Europe are doing OK (like Germany and Finland) but the more socialist ones are running out of other people's money to spend.

many of those european countries have done far better than america during the past 7 years. roughly 10 did better. ones like greece and spain they are far worse off having their own great depression. but in spain its hard to compare, i would imagine their safety net to be better than the americans.

america is really strange, its one of the most resource rich countries on earth, and it has some of the worst social programs. america isnt "broke" either. it has the money, it just doesnt tax it. its a political crisis.
 
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