I've learned of things.

I think a lot of the other people were lying. Just my opinion.

Ahh poor people problems am I right my bourgeoisie friends?

It's just like the oil crisis in the 70s. Everyone was screaming about conservation and how we needed smaller cars. Just a few years later SUVs became the most popular vehicles. People do not have long memories.

I say Subby failed 3rd grade math.

" 52% of consumers say the recession has "forever changed" the way they spend and save. But that's down from 63% when the same survey was conducted a year ago." In other words 11% of consumers haven't learned a thing

Why are the only ones that didn't learn a thing the consumers that originally thought they were forever changed and changed their minds and not those that didn't think they were forever changed to begin with?

"Oh, people can come up with statistics to prove anything. 14% of people know that."

"To the surprise of nobody but non-Americans, new study determines most people stick with fast food even after a heart attack"

bartink: " 52% of consumers say the recession has "forever changed" the way they spend and save. But that's down from 63% when the same survey was conducted a year ago." In other words 11% of consumers haven't learned a thing

Why are the only ones that didn't learn a thing the consumers that originally thought they were forever changed and changed their minds and not those that didn't think they were forever changed to begin with?

Reading that question made me temporarily cross eyed.

In other words 11% of consumers haven't learned a thing

Given the number of Republicans that were elected last November, I'd say it's a lot more than 11%.

Except for the people on Fark who all have perfect credit scores and are debt free.

" 52% of consumers say the recession has "forever changed" the way they spend and save. But that's down from 63% when the same survey was conducted a year ago." In other words 11% of consumers haven't learned a thing

No, it means 63% learned something, 17.5% of them then forgot it, and 37% of all are dumbasses, which is shockingly low.

I built a new computer so I'm getting a kick out of these replies.
/Oh, shut up. my desktop - which was an Athlon XP - had the PSU die
//Though, I should actually get busy and install Gentoo w/LAMP+cURL on that other partition
\VE? Well, OK

bartink:

Why are the only ones that didn't learn a thing the consumers that originally thought they were forever changed and changed their minds and not those that didn't think they were forever changed to begin with?

Has anyone really been far as decided to use even go want to do look more like?

bartink: " 52% of consumers say the recession has "forever changed" the way they spend and save. But that's down from 63% when the same survey was conducted a year ago." In other words 11% of consumers haven't learned a thing

Why are the only ones that didn't learn a thing the consumers that originally thought they were forever changed and changed their minds and not those that didn't think they were forever changed to begin with?

When will then be now?

eddyatwork 2011-02-22 10:56:28 AM It's just like the oil crisis in the 70s. Everyone was screaming about conservation and how we needed smaller cars. Just a few years later SUVs became the most popular vehicles. People do not have long memories.
==================================================================

May I present to you:
A) Democrats
B) Republicans
C) 2008 oil crisis.
etc

Maybe 52% of people weren't retarded with their mortgages

PC LOAD LETTER: Once the recession is done, almost everyone will go back to the way things were.

Of course they will. They're already starting--consumer spending is way up from what it was even a year ago. I'm not changing my habits at all, but not because I didn't learn anything. I'm poor, and I've always lived like this.

It's a lot harder to lower your standard of living than it is to just have a lower standard of living all along.

I don't think the great recession has done much to change the minds of people I know. Certainly not their spending habits. A good friend of mine has been in debt up to her eyeballs for years and years.

Then the collapse takes place in 2008 and suddenly most of her friends are in the same boat as her. Whether it was losing all of their 401k, their jobs, other investments or just buckling under the mounting interest payments, most people in our circle met the same fate as her. People were starting to go to her for advice on how to cope with the massive debt:

"Jenn, how do you manage the debt so well, you never seem to be fazed by it? I find myself up at night worrying about how I am ever going to get myself out of this mess"

Jenn's response today has been the same since she informed me she had debt issues back in 2005. "It's the governments problem, not mine" she always says. She continues to take out credit cards to pay off her existing debt obligations, maxed out the mortgage on both of her houses and actually increased her spending on non essential items.

The crazy thing? About half of our friends got tired of tightning their purse strings, sticking to a reduced budget and living within their means. They just gave up and decided to spend till they drop. A few of them do not even take any responsbility for their own sitaution:

"As far as i'm concerned, this isn't my fault at the end of the day. The Government and Wall Street set the example and I am just following it. If i'm guilty, i'm going to Hell with good company so let someone else pay off my debt and deal with my worry, i'm taking whatever I can and it's not my problem".

Blows my mind that we have raised a nation of people that view life this way.

So did they interview the exact same people both times or something? Or maybe, just maybe, the sampling size in one or both interviews was not large enough to reflect an accurate representation?

Excuse me, 52% were potential dumb asses.unless you invested in derivatives or bought houses going to flip them, why would a single down turn suddenly change your plans forever? Savings bonds ect still work, despite the shiat interest rate.

JustFark: " 52% of consumers say the recession has "forever changed" the way they spend and save. But that's down from 63% when the same survey was conducted a year ago." In other words 11% of consumers haven't learned a thing

No, it means 63% learned something, 17.5% of them then forgot it, and 37% of all are dumbasses, which is shockingly low.

That assumes everyone needed to learn something. Some of us were cheap bastards before the recession.

joethebastard: In other words 11% of consumers haven't learned a thing

Given the small number of Republicans that were elected last November, I'd say it's a lot more than 11%.

FTFY

I pride myself in my love for logic, reason, and facts.

One of those facts: people, on the whole, are inconsistent because they base decisions on the emotional. Reason tells me I won't change this. Logic doesn't enter into it.

Thats nothing, three out of four people comprise 75% of the population.

freewill: 11% don't know what forever means?

"Forever" like in marriage? That's what, like seven years?

therealpope: FTFY

Nope, it was right the first time. Sorry about your memory problems!

jst3p: When will then be now?

I feel a lot more like I do now than I did then, if helping it.

With Gas prices heading to $4 a gallon it really doesn't matter. Say hello to a double dip recession.

Actually, this isn't the whole story.

A lot of retailers are also cutting prices to encourage spending. While the economy is getting slightly better, the lessons learned are 'you don't need it right away.' With that, you get a more selective brand of consumer that knows if they wait they can save a fortune on useless items. There's no more urge to go out and spend but all the time in the world to wait on various things and get things that matter.

People are becoming smarter consumers, and this will hurt a lot of companies in the long run because it means you don't have as many people going out and spending full price on things. Sure, there's a boost of spending, but think about what it really means. You get some shopaholics, but you also have introduced a sense of fear into the consumers that make sure that they don't have the herd mentality to buy.

It's good for people and their own personal savings, but it's pretty poor for an economy that depends on constant spending to grow.

But in the end, it's only a passing thing, this shadow. Even darkness must pass. A new day will come. And when the sun shines it will shine out the clearer.

There is insufficient data presented here to make a quantitative assessment, but qualitatively I'd hazard a safe guess that most people are complete morons.

This post fits nicely in 63% of all Fark threads.

So for 11% forever = 1 year or less. Good to know when that girl says she'll be your's forever.

PrinceofFark
"As far as i'm concerned, this isn't my fault at the end of the day. The Government and Wall Street set the example and I am just following it. If i'm guilty, i'm going to Hell with good company so let someone else pay off my debt and deal with my worry, i'm taking whatever I can and it's not my problem".

Blows my mind that we have raised a nation of people that view life this way.

This is their God:



And that what you just heard is their confession to absolve them of their economic sins.


I however say so be it. While the rest of them wallow in debt we can take advantage of them and gain wealth by taking theirs. The "War on the Middle Class" is real, but it's not being waged by the lower poor nor upper wealth classes. It's a civil war within the Middle Class itself that is causing it's own self destruction.

So go on, buy, bankrupt, repossess, and repeat. I and others shall buy the foreclosed homes and repossessed cars that were taken away from them, and use them until we tire of them. Then when we're done and their credit has gotten back up just enough to barely afford these items we shall sell them back and wait for the cycle to repeat itself to take harvest more wealth away from them. We shall rotate their credit scores and demographics just as we rotate crops across fields to allow the nutrients in the soil to recharge.

What is now rich shall become hyper-rich, and what is now Middle Class such as myself shall become wealthy. There will always be the destitute & ignorant poor, but what is currently the Middle Class of people will be redefined as the plain stupid people who like a raccoon grabbing onto a shiny object through a hole will never let go of those material items so they can free themselves from the trap.

Unlike others who feel that a paycheck alone doesn't validate the work they do and have to exchange it for useless material items, my family is happy with food on the table and a secure shelter.

I've learned that economic downturns are the best time to buy undervalued stock and houses.
I also learned that leaving your savings in a "high yield" account is a waste when they lower your rate 0.1%-0.5% every month.

40% of Americans live from paycheck to paycheck

See how you liberal dummies like it if everyone stops spending.

Dubai Vol: 40% of Americans live from paycheck to paycheck

40% of Americans are lazy sons of biatches who should get a better job.

JustFark: " 52% of consumers say the recession has "forever changed" the way they spend and save. But that's down from 63% when the same survey was conducted a year ago." In other words 11% of consumers haven't learned a thing

No, it means 63% learned something, 17.5% of them then forgot it, and 37% of all are dumbasses, which is shockingly low.

NEWSFLASH: Consumers who were already fiscally responsible didn't need to change the way they spend and save.

Dumbass.

As soon as my credit card company raises my limit I'll charge a TotalFark subscription to it.