Quote:
Originally Posted by MetaMan
OP you're an idiot.
As the post above the middle class needs to start taking some of the blame.
Everyone i know is up the ass in debt, driving nice cars, nice homes all WAY ABOVE what they can afford. Little to no savings, always newest cell phones the list goes on.
Middle class people want to live like the rich, be paid like the rich when well they do not deserve it.
the middle class has chased out companies with unions and choked themselves with ridiculous pensions and job creation in the public sector.
people need to start looking in the mirror. it is always easy to blame people for your faults. all the rich people i know are smart as hell, worked hard and deserve to be there. they do not owe stupid, lazy, whiny middle class who overspent their entire lives a single cent.
some of you losers need to get your lives together. you make me fucking sick.
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Best post on the topic.
Blows my mind that people don't see the economy will only recover if people use their credit cards like they did 1995 -2006 , basically everyone spending 10k they don't have. When people stop spending what they don't have that is a recession in our economy.
People got scared in 08' cut credit card spending and paid them off (De-leveraging) companies did the same (De-leveraged) and now we are in a shit hole because of it.
Only thing the govt' can do is beg people to spend money they don't have and run up Credit card lines and only pay the minimum balance.. that will 100% fix our economy.
If people put money into savings we are all screwed, what kind of economy is that?