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Old 04-08-2006, 07:02 PM   #16
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bluer white, the bush administration is probably going to be accountable for ruining a lot MORE than three decades worth or shit when all is said and done.
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Old 04-08-2006, 07:16 PM   #17
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the real estate market should be preparing for its bubble to burst. i can't see home values continuing to rise at these rates for much longer. who is going to be left to buy them? surely your average worker cannot afford $250,000+ homes.
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Old 04-08-2006, 07:18 PM   #18
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the bubble is already starting to burst. you're absolutely right, those prices are impossible to maintain.
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Old 04-08-2006, 07:19 PM   #19
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Originally posted by Zoomerang96
what a lame thread.

unemployment figures if not put into proper perspective, like sting2 failed to do (surprise surprise) mean absolutely nothing.

so what if unemployment levels are low when such a vast amount of the work force is being paid shit all?
This is all BS. Now, people working =


No one is crying for wage rates, benefits, etc. from 20, 30, 40, 50 years ago.

Generations ago, people would be willing to work their way up. Now, people just want to start several rungs up the ladder.
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Old 04-08-2006, 07:22 PM   #20
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Originally posted by Zoomerang96
the bubble is already starting to burst. you're absolutely right, those prices are impossible to maintain.

I guess the wild and wasteful party will have to end eventually.

If the property markets of North America are over-inflated, those of Australia and Ireland are even more so.
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Old 04-08-2006, 07:45 PM   #21
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Originally posted by nbcrusader
This is all BS. Now, people working =


No one is crying for wage rates, benefits, etc. from 20, 30, 40, 50 years ago.

Generations ago, people would be willing to work their way up. Now, people just want to start several rungs up the ladder.


If you're going to be goutraged, at least pay attention to what's being said in the thread.

People are right to question the quality of jobs in the American marketplace today. Underemployment is becoming the new phenomenon for new college graduates. Underemployment is not going to be recorded in unemployment statistics.

People want to work, but not just any crappy job. Go yourself.

Melon
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Old 04-08-2006, 07:47 PM   #22
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Originally posted by financeguy
I guess the wild and wasteful party will have to end eventually.

If the property markets of North America are over-inflated, those of Australia and Ireland are even more so.
Real estate is as overinflated as the stock market of the late 1990s, mainly because the wealthy took their investments from the stock market to real estate. This is mainly why our stock market has remained stagnant for six years. However, the stock market is ripe for a comeback, and if it starts exploding again, real estate is going to run into problems.

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Old 04-08-2006, 09:04 PM   #23
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Originally posted by nbcrusader
Generations ago, people would be willing to work their way up. Now, people just want to start several rungs up the ladder.


and so many people born on third base walk through life thinking they hit a triple ...
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Old 04-08-2006, 09:11 PM   #24
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Oh no?



What you haven't recognized in this comparison of present day and 30 years ago was that what was considered a "normal part of the day" for middle class family existence back then was comfortably achieved on ONE average salary. So while in essence we "have" more, we work twice as hard for much less to achieve that same level while the top 20% let their stock portfolios do their work for them. Is that progress?
30 years ago was 1976, not 1946! The whole two wage vs. one wage comparisons first became the rage in the late 1980s and early 1990s. The single wage household was for the most part gone or on the way out in 1976.

The average work week in 1900 was 60 hours, today its just under 40 hours in the United States and as low as 27 hours in countries like Norway. Worker productivity per hour is the highest it has ever been, and standard of living as measured by the annual UN Human Development Index is the highest it has ever been.
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Old 04-08-2006, 09:17 PM   #25
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I love how you compare life today to 30 yrs ago. Did you not consider that none of those products were available back then? And like AliEnvy said, they are done on two incomes and more and more longer hours!

Really taking unemployment stats and throwing it in the faces of people that have jobs that pay shit really doesnt solve their pitifully low wages and lack of health care!
Ummm, that apart of the point I was making that such things did not exist back then. 1976 was not a one income world, that was 1946. The whole "failure" of American capitilism as evidenced by two income families was the rage back in the late 1980s and early 1990s when liberals claimed America's dominance had ended and "Japan had won the Cold War".

Median Household income in the United States is 49,000 dollars a year! The United States has the 10th highest standard of living in the world according to the United Nations 2005 Human Development Index.
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Old 04-08-2006, 09:21 PM   #26
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Median Household income in the United States is 49,000 dollars a year! The United States has the 10th highest standard of living in the world according to the United Nations 2005 Human Development Index.
Which countries are 1-9?

You'd think with all the bombastic nationalism we get everyday that we'd be #1.

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Old 04-08-2006, 09:24 PM   #27
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I was a member of a one income household in the seventies. In fact most of my friends were as well. I would say it wasn't until the eighties that women needed (vs. those who did start working in the seventies because they wanted to) to work.
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Old 04-08-2006, 09:25 PM   #28
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Originally posted by Irvine511

and so many people born on third base walk through life thinking they hit a triple ...
And have the luxury of complaining about life from the high speed internet connections.
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Old 04-08-2006, 09:31 PM   #29
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Originally posted by Zoomerang96
what a lame thread.

unemployment figures if not put into proper perspective, like sting2 failed to do (surprise surprise) mean absolutely nothing.

so what if unemployment levels are low when such a vast amount of the work force is being paid shit all?
Median household income in the United States is $49,000 dollars a year, one of the highest in the world. The United Nations Human Development Index for 2005 shows that the United States has the 10th highest standard of living in the world. The Unemployment level is an important indicator of the economic health of any country.

There is not another single country on the planet that more people try to get into every year than the United States.

The polls are not very relevant and are likely to go up given the amount of time, nearly 3 years, that Bush has left in office. What will the Bush bashers say when the only thing they hold onto week after week stops going their way?


You state this thread is "lame", but how many times have you elected to post in it?
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Old 04-08-2006, 09:35 PM   #30
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Originally posted by melon




If you're going to be goutraged, at least pay attention to what's being said in the thread.

People are right to question the quality of jobs in the American marketplace today. Underemployment is becoming the new phenomenon for new college graduates. Underemployment is not going to be recorded in unemployment statistics.

People want to work, but not just any crappy job. Go yourself.

Melon
People have been saying this since at least 1990, its nothing new. But the vast majority of college graduates who graduated in 1990 are making substantially more than their peers who did not get college degrees, in 2006.
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