Young Americans more stressed out then any other generation
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kingblaze84 wrote: »Soon there will be more young people living with their parents to help them make ends meet....most older Americans do not have enough to retire on, and since our ? govt wants to keep printing money like there is no tomorrow, our savings cannot accumulate interest they way it used to in the past. Seniors want their hard earned savings to build up but since the Federal Reserve wants interest rates close to zero, savings will not build up for them.....
http://www.washingtonpost.com/business/economy/fiscal-trouble-ahead-for-most-future-retirees/2013/02/16/ae8c7350-5905-11e2-88d0-c4cf65c3ad15_story.html?hpid=z1
For the first time since the New Deal, a majority of Americans are headed toward a retirement in which they will be financially worse off than their parents, jeopardizing a long era of improved living standards for the nation’s elderly, according to a growing consensus of new research.
The Great Recession and the weak recovery darkened the retirement picture for significant numbers of Americans. And the full extent of the damage is only now being grasped by experts and policymakers.
There was already mounting concern for the long-term security of the country’s rapidly graying population. Then the downturn destroyed 40 percent of Americans’ personal wealth, while creating a long period of high unemployment and an environment in which savings accounts pay almost no interest. Although the surging stock market is approaching record highs, most of these gains are flowing to well-off Americans who already are in relatively good shape for retirement.
Not to mention generation X and Y have to pick up the slack for everything. Baby boomers ? it up for everyone.
Sad but true. Americans born in this country 55 and over have ruined this country for good. Even Obamacare won't change anything, I just finished watching a report on CNN on how hospital bills are just as high if not higher now then before Obamacare was passed into law. America's best days are for certain behind us. -
not 55 and over, just the baby boomers. the generation before them isn't being gifted anything close from the subsequent generations.kingblaze84 wrote: »Americans born in this country 55 and over have ruined this country for good..
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not 55 and over, just the baby boomers. the generation before them isn't being gifted anything close from the subsequent generations.kingblaze84 wrote: »Americans born in this country 55 and over have ruined this country for good..
Baby boomers and Americans born in this country aged 55 and over have supported horrible policies over and over again. From supporting the Bush tax cuts which bankrupted the nation (Obama ? up supporting it as well) to voting for Reagan twice, to supporting the military industrial complex, YES, older Americans supported terrible fiscal policies. Now we're all paying for it with a dollar that isn't worth a damn anymore. And we already know the dollar will be worth even less 5, 10 years from now. -
not surprised, i'm just blessed I don't have any kids or i'd lose my mind
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Communism and Socialism for the win.
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Ajackson17 wrote: »Communism and Socialism for the win.
I've been wondering if socialism is a good alternative to America's problems lately, especially since I've been talking to this woman who lived in the Soviet Union. I think a perfect solution is a mixture of socialism with capitalism, with houses having set prices along with rents nationwide. We could build more fixed priced homes for seniors and anyone living on a fixed income or low income, that would solve a ton of America's problems right there. If we didn't waste money on so much bs in this country, we'd have the money to keep more people satisfied with less anxiety. -
kingblaze84 wrote: »Ajackson17 wrote: »Communism and Socialism for the win.
I've been wondering if socialism is a good alternative to America's problems lately, especially since I've been talking to this woman who lived in the Soviet Union. I think a perfect solution is a mixture of socialism with capitalism, with houses having set prices along with rents nationwide. We could build more fixed priced homes for seniors and anyone living on a fixed income or low income, that would solve a ton of America's problems right there. If we didn't waste money on so much bs in this country, we'd have the money to keep more people satisfied with less anxiety.
The Soviet Union was a communist in name only dictatorship, rather than a democratic socialist government more akin to what's found in Eastern Europe. Also, the USSR doesn't exist anymore. Currently, Russia is a capitalist dictatorship. -
what amazes me is that people seem to agree that our government does not function well, and THEN say "we should give them even more control, such as in socialist/communist nations."
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^^^
LOL. yeah that's tricky. but i just think that people are willing to effect change whether that means going further left or further right on the political spectrum. people are sick and tired. besides, it seems that Canada, Britain, and the Scandinavian countries seem to be doing well, and they're more socialist than we are. I think. -
what amazes me is that people seem to agree that our government does not function well, and THEN say "we should give them even more control, such as in socialist/communist nations."
Obviously, they are saying America's current form of government doesn't work, and a new kind of government should be looked into. Are you saying that Anarchy or an Oligarchy is a better form of government? Still, that doesn't mean that a socialist government would work either, but it hasn't been fully tried here and socialism in Europe actually incorporates capitalistic and communistic thoughts. The USSR were never true socialist being that the people were never in control. -
all i'm saying at THIS point is that more government doesn't seem to be the answer to the problem of "all this government we have is acting abusive and ? up."FuriousOne wrote: »Are you saying that Anarchy or an Oligarchy is a better form of government?
i'm an optimist, so fundamentally, i think we COULD fix up the problems in a US. this optimism is also why i am disappointed with Americans every ? day. -
all i'm saying at THIS point is that more government doesn't seem to be the answer to the problem of "all this government we have is acting abusive and ? up."FuriousOne wrote: »Are you saying that Anarchy or an Oligarchy is a better form of government?
i'm an optimist, so fundamentally, i think we COULD fix up the problems in a US. this optimism is also why i am disappointed with Americans every ? day.
What people are saying here is govt should be helping to bail out regular Americans more instead of corporations and banks who get bailed out with trillions of dollars. Remember, America's true debt is way above 16 trillion. The federal reserve is pumping BILLIONS into helping to save the big banks everyday, why not pump billions into creating more affordable housing and protection of regular people?? QE3 would be WAAAAY more useful if regular people instead of big banks got help. The banks have been bailed out long enough already lol smh.... -
maybe they should stop bailing every damn thing out and do what government is supposed tokingblaze84 wrote: »What people are saying here is govt should be helping to bail out regular Americans more instead of corporations and banks who get bailed out with trillions of dollars.
no, but what i'm saying is, there are above posters debating the merits of socialism/communism/whatever, and my comments apply to that
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maybe they should stop bailing every damn thing out and do what government is supposed tokingblaze84 wrote: »What people are saying here is govt should be helping to bail out regular Americans more instead of corporations and banks who get bailed out with trillions of dollars.
no, but what i'm saying is, there are above posters debating the merits of socialism/communism/whatever, and my comments apply to that
I agree that govt shouldnt be picking winners and choosers so much but if banks is gona get bailed out, then regular people should be helped out more then the way things are set up now. As far as communism, I can see why people would wana go to that, capitalism isn't working very well for many if not most Americans now. I'm a capitalist but would be willing to try socialism if this American form of capitalism continues.... -
America has stumbled in a huge way recently......incomes are the LOWEST they have been in TWENTY YEARS, in an age where inflation is king. Not good news for America's future. I'm considering getting a vasectomy after reading this article
http://www.huffingtonpost.com/2013/03/01/income-drop-twenty-years_n_2790072.html
Worst Income Drop In 20 Years Shows Austerity Arrived Long Before The Sequester
As you have probably heard, today is Sequester Day, when the Austerity Badger sneaks into America and sets our money on fire. In truth, austerity is here already. Exhibit A: the dismal personal-income report released Friday morning.
Personal income plunged 3.6 percent in January, the Bureau of Economic Analysis reported, the biggest drop in 20 years. The decline was driven by a couple of unusual one-time effects, according to the BEA.
And still the austerity fever is unbroken. Though President Obama on Friday warned of the dire economic effect of the sequester's "dumb and arbitrary" spending cuts, his solution is a broader deficit-reduction package, a "grand bargain" of tax hikes and spending cuts. More austerity, in other words. Obama's Republican opposition wants a different sort of deficit-cutting package, but ultimately all seem to agree that some amount of austerity is necessary.
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America is gonna look like "No Country for Old Men" or "Idiocracy" very soon. With more people who are snart, are not gonna have any kids anymore. Dumb ? are gonna have kids for the sake of it.
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i see an upside to thisAmerica is gonna look like "No Country for Old Men" ... very soon.
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I wonder why so many people just overlook the impacts of Nafta on todays economic environment I Liked slick ? as much as the next guy but give him credit where credit is due Bush was incompetent but he did not create the issue he just did nothing to fix it and let it rage out of control while he was out warmongering...
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Soloman the Wise wrote: »I wonder why so many people just overlook the impacts of Nafta on todays economic environment I Liked slick ? as much as the next guy but give him credit where credit is due Bush was incompetent but he did not create the issue he just did nothing to fix it and let it rage out of control while he was out warmongering...
Yeah NAFTA has ruined America in so many ways, companies are very willing to ship labor overseas to save money, it does make the cost of goods here cheap but the cost to American workers has been shorter paychecks and raises that almost never come now. I don't even wana see what the American economy will look like in 10, 20 years.....unemployment went down this week but the quality of jobs available remains weak and low wage. Feel sorry for most people graduating college this year, the labor force is gona shock ya'll -
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NAFTA aside, it's like anything else that runs multiple administrations: you give credit to the president you like and bash the president you don't.Soloman the Wise wrote: »I wonder why so many people just overlook the impacts of Nafta on todays economic environment I Liked slick ? as much as the next guy but give him credit where credit is due Bush was incompetent but he did not create the issue he just did nothing to fix it and let it rage out of control while he was out warmongering...
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Society is slowly breaking down cuz of the problems facing young people these days, from high unemployment to prospects of low wage jobs, to worse, the very high cost of living these days.....a serious riot broke out in Brooklyn NY last night over a kid who got shot and killed by cops.....mind you the kid pointed a gun at the cops and young people still rioted smh..... It shows how frustrated some people feel about living in America these days
http://www.nydailynews.com/new-york/wild-confrontation-breaks-brooklyn-candlelight-vigil-16-year-old-shot-cops-article-1.1285755
'There’s a lot of anger here': Riot breaks out in Brooklyn following candlelight vigil for 16-year-old shot by cops
Memorial for Kimani 'Kiki' Gray, who was fatally wounded by a police Saturday after allegedly pointing a gun in their direction, turned ugly as nearly 100 angry mourners clashed with cops, tossing bottles and creating a melee.
Anger over the death of a Brooklyn teenager shot and killed by police fueled a riot on the streets of East Flatbush Monday — projectiles were hurled at cops, car windows were smashed and a pharmacy customer had a bottle bashed over his head.
The scenes of violence on blocks near the NYPD’s 67th Precinct stationhouse followed a protest march that grew out of a candlelight vigil for Kimani (Kiki) Gray, 16, killed by police bullets on Saturday.
In the aftermath of the riot, as police were trying to secure the area and assess damage to stores along streets strewn with broken glass, City Councilman Jumaane Williams called for Police Commissioner Raymond Kelly and Mayor Bloomberg to visit the community.
“There’s a lot of anger here,” said Williams, whose district includes the riot zone. “This isn’t just from one particular shooting. A whole community has not been heard for far too long.”
But the procession, peaceful at first, turned into a wild confrontation between furious marchers and cops after a faction broke off from the group and began to smash car and store windows with rocks and jump on the tops of vehicles, police sources and witnesses said.
“I was sitting in my living room,” said Mary John, 43, who witnessed destruction near E. 31st St. and Church Ave.
“People were standing up on vehicles. I saw them take garbage from the sidewalk and throw it onto the street. I saw someone take a TV and smash it into my neighbor’s car. They were throwing rocks at the cars.
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Young people are only partly to blame. Majority of it goes to the elders for ignoring to be examples. The lesson starts there.
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Fighting Chaplain wrote: »Young people are only partly to blame. Majority of it goes to the elders for ignoring to be examples. The lesson starts there.
Yeah this is especially true in the hood.....
