Down the tubes we go....
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Down the tubes we go....

  1. #1
    Senior Member Wishful Thinking!'s Avatar
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  3. #2
    Can't re-Member 28Eliminator's Avatar
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    That'll add fuel to the fire. More reason for the Obama administration to invoke entitlement policies
    I'd agree with you, but then we would both be wrong

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    ERECT MEMBER GAZOO's Avatar
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    I just had a peanut butter sandwich
    [

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    Senior Member Wishful Thinking!'s Avatar
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    Being a Repub... I do beleive the repubs do everything they can to ensure their own wealth and a little to bring the middle class along with them... but the Dem, they keep themselves rich on the backs of the middle class!

    Quote Originally Posted by 28Eliminator View Post
    That'll add fuel to the fire. More reason for the Obama administration to invoke entitlement policies
    First boat - 1968 Starcraft 14' 40hp
    Second boat - 1982 15.5' Glastron 115hp
    Current boat #1 1987 Ski Nautique 230 hp
    Currnet boat #2 - 2005 Magic DB 425 hp

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    Quote Originally Posted by MR.rvrluvr View Post
    I just had a peanut butter sandwich
    Yeah, know the feeling, I just had a Busch Lite.

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    Senior Member Big Warlock's Avatar
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    Thanks to those democrats that voted for Obama but now claimed they didn't! Those are my favorites!!

  8. #7
    Senior Member 2Driver's Avatar
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    There is nothing keeping an able bodied person from becoming well off in the USA. Where's the focking problem?

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    Senior Member GRoper's Avatar
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    Its all the unions fault!

  10. #9
    Senior Member Wishful Thinking!'s Avatar
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    The problem becomes when there is not a heathy middle class to buy all the and services that make the economy go round the economy stops going around.


    Quote Originally Posted by 2Driver View Post
    There is nothing keeping an able bodied person from becoming well off in the USA. Where's the focking problem?
    First boat - 1968 Starcraft 14' 40hp
    Second boat - 1982 15.5' Glastron 115hp
    Current boat #1 1987 Ski Nautique 230 hp
    Currnet boat #2 - 2005 Magic DB 425 hp

  11. #10
    VOTE! RodnJen's Avatar
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    Quote Originally Posted by Wishful Thinking! View Post
    The problem becomes when there is not a heathy middle class to buy all the and services that make the economy go round the economy stops going around.
    I agree, a healthy middle class is key. It needs to be made up of both blue and white collar workers. The loss of middle class will drag down our economy including, our real estate values, for years to come.

    One of the other class dividing components is the reliance on defined contribution retirement plans, 401K's. A better blanace between defined benefit ie pensions and 401k's would go a long way to bolstering the middle class.

  12. #11
    Senior Member GRoper's Avatar
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    Quote Originally Posted by RodnJen View Post
    I agree, a healthy middle class is key. It needs to be made up of both blue and white collar workers. The loss of middle class will drag down our economy including, our real estate values, for years to come.

    One of the other class dividing components is the reliance on defined contribution retirement plans, 401K's. A better blanace between defined benefit ie pensions and 401k's would go a long way to bolstering the middle class.
    X2, well said.

  13. #12
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    Listen, the rich need a bigger tax break. Here's my reasoning; The rich value money more than the middle class- let's face it, most of them have been willing to do anything to get ahead; A) Gov' contract to support the troops- let's gouge the gov! B) Hey, I'm laying off 3000 US workers and sending the jobs overseas, then I gave myself a 200% pay raise! C) But Just because the company tanked under my leadership shouldn't stop me from getting a bonus!

    These guys NEED the money- it makes them happy...so let's give 'em a tax break; They will probably lay off more US workers, go on vacations overseas and buy lots of imports, but a few pennies will trickle down to the 300 US workers left employed. Actually, let's just eliminate taxes all together, since some major politicians have said that debt doesn't matter; We can keep going in to debt to COMMUNIST China....but capitalism is still kicking azz, at least in China's economy!

  14. #13
    Floatin dirty Lavey29's Avatar
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    Eliminating the middle class is part of the O agenda

  15. #14
    "On the road again..." Old Texan's Avatar
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    Quote Originally Posted by RodnJen View Post
    I agree, a healthy middle class is key. It needs to be made up of both blue and white collar workers. The loss of middle class will drag down our economy including, our real estate values, for years to come.

    One of the other class dividing components is the reliance on defined contribution retirement plans, 401K's. A better blanace between defined benefit ie pensions and 401k's would go a long way to bolstering the middle class.
    Pension funds and 401Ks rely heavily on the Stock Market to grow. One of Obama's objectives is to remove volatility from the market. He has said early on theat he doesn't want to see the high peaks and valleys in the market.

    If he finds a way through big government using regualation to achieve this wish, how do you think it will effect the funds?

    Just my opinion but everything O does weakens the middle class making for a exaggerated 2 class system. Capitalism built his country and trying to manipulate it has proven to make it fail.
    "Bottle by bottle, I'm clearing off that shelf...."

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