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(CNBC)   The number of Americans relying on their next paycheck to make ends meet is at its lowest level since the recession began. This is bad news... for Obama   (cnbc.com) divider line 187
    More: Spiffy, Americans, obama, CareerBuilder, recession  
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11840 clicks; posted to Main » on 23 Aug 2012 at 12:13 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-08-22 06:38:34 PM
What about the not-workers?
 
2012-08-22 06:46:33 PM
And now I feel incredibly fortunate.
 
2012-08-22 10:34:05 PM
on the heels of THIS its not really saying much.
 
2012-08-22 10:50:39 PM
Eagerly awaiting my chance to join this group of people. Maybe if corporate financial America remembers what a "raise" is.
 
2012-08-22 11:42:57 PM
List of business failures.

2008
Allco Finance Group
Aloha Airlines
Amtrak Express Parcels
Apex Aircraft
ATA Airlines
Australian School of Business and Technology[56]
Bennigan's
Bill Heard Enterprises
Buffets, Inc.
Circuit City Stores[note 20][57][58]
Coast Air
Commander Communications
Countrywide Financial
Dawahares
Dolcis Shoes
eos Airlines
FreshXpress
Frontier Airlines
Gamley's
Glitnir[note 21]
Gretna F.C.
Halifax Town A.F.C.
Harold's
Holley Performance Products[59]
IndyMac Bank
iQon Technologies
Kaupthing Bank[note 22]
Kaupthing Singer & Friedlander[note 23]
Krispy Kreme Hong Kong[60]
Landsbanki[note 24]
Lehman Brothers[note 25]
Lenox
Levitz Furniture[61]
Lillian Vernon
Linens 'n Things[62]
Luton Town F.C.
Madoff Investment Securities
Mattress Discounters[45]
Meguro Sushi[63]
Mervyns[58]
MFI Group
Montres Villemont[64][note 26]
Morgan UK[65]
Motorworld[66]
Nationwide Airlines
Oasis Hong Kong Airlines
The Officers Club[67][68]
Olan Mills[69]
Opes Prime
Peau Vavaʻu
Photo-Optix[70][note 27]
Pilgrim's Pride
RC Developments[71]
Rosebys
Rotherham United F.C.
Sanlu Group
The Sharper Image[72]
Shoe Pavilion[73]
Silver State Helicopters
Silverjet
Skybus Airlines
Super Aguri F1[74]
Tai Lin Radio Service[75]
Tribune Company
Tropicana Entertainment
Tuctuc Ltd[76]
Tweeter[77]
U-Right[78][note 28]
USC[79]
Value City
VeraSun Energy
Vivitar
Wachovia
Washington Mutual
WCI Communities
Wickes Furniture
Wilsons Leather
WiQuest Communications
Woolworths Group
XL Airways UK
Yamato Life
Zavvi[80]
Ziff Davis
Zoom Airlines

2009
3D Realms
A1 Grand Prix Operations[81]
AbitibiBowater
Allied Carpets
Apex Silver Mines
Arcandor
Babcock & Brown
Bashas'
BearingPoint
Berkhamsted Town F.C.
Boater's World
Borders UK
Central Park Media
Charter Communications
Christian Lacroix[82]
CIT Group
Colonial Bancgroup
Crabtree & Evelyn
Darlington F.C.
Denver Newspaper Agency
Empire Direct
Extended Stay Hotels
Escada
Fisher Athletic F.C.
First Quench Retailing
Fleetwood Enterprises
FlyLal
Fortunoff
Goody's Family Clothing
Gottschalks
Hartmarx
Idearc
G.I. Joe's
Journal Register Company
Karmann[83]
KB Toys
Land of Leather[84]
LDV Group
FK Lyn
LyondellBasell
Magna Entertainment Corp.
Märklin
Merisant
Midway Games
Monaco Coach Corporation
Nortel
Peanut Corporation of America
Philadelphia Media Holdings[85]
Qimonda
Reader's Digest Association
R. H. Donnelley
Ritz Camera Centers
SeeqPod
Send the Light
SETA Corporation
Setanta Sports
SFCG Co.
Silicon Graphics
Smurfit-Stone Container
Spansion
Spectrum Brands
SPV GmbH
SsangYong Motor Company [note 29][86]
Stanford Financial Group
Station Casinos
Steve & Barry's
Strathfield[87]
Stylo
Sun-Times Media Group
Taylor, Bean & Whitaker
Tronox
Trump Entertainment Resorts
Viyella
Waterford Wedgwood[88]
Young Broadcasting

2010
Adams Childrenwear
Air America Radio
Bidtopia
Blockbuster Inc.
Canwest
HFC Haarlem
Hollywood Video
Pontin's

2011
4Kids Entertainment
AJWright
Borders Group
Focus DIY
Habitat
Hawkin's Bazaar
HomeForm Group
Oddbins
Syms Corporation
Ultimate Electronics

2012
SeaFrance
Malév Hungarian Airlines
Rangers F.C.
 
2012-08-23 12:16:08 AM
The recession ended in 2009. What are you talking about subby?
 
2012-08-23 12:16:47 AM
What if that number shrank because more of those people no longer have a job at all? Just sayin...
 
2012-08-23 12:19:20 AM
That's because more and more Americans are unemployed thanks to Oblahma.
 
2012-08-23 12:20:13 AM
Bears repeating, but yeah....can't live within your income if you're unemployed. I have a stable job but I'm paycheck to paycheck (mainly because it IS a stable job, but I digress).
 
2012-08-23 12:20:24 AM

GoldSpider: What if that number shrank because more of those people no longer have a job at all? Just sayin...


This question was raised many many times in the comments on the site.


But if you read, it says CareerBuilder polled workers.

Critical reading skills is diminishing, I blame Obama for that too. (am i doing it right?)
 
2012-08-23 12:20:27 AM

tenpoundsofcheese: The recession ended in 2009. What are you talking about subby?


Your statement and the headline are not mutually exclusive.
 
2012-08-23 12:21:41 AM
i am waiting for the paycheck two paydays after the payday before last payday.

/That'll be all.
 
2012-08-23 12:22:14 AM

tenpoundsofcheese: The recession ended in 2009. What are you talking about subby?


Due mostly to the rise in certainty from a 2010 GOP sweep of the House.
 
2012-08-23 12:22:36 AM
Wonder how many of those people no longer live paycheck to paycheck because they have adjusted to a lower standard of living.
 
2012-08-23 12:22:45 AM

redmond24: But if you read, it says CareerBuilder polled workers.

Critical reading skills is diminishing, I blame Obama for that too. (am i doing it right?)


Reading is hard. And you misspelled "Taxbongo".
 
2012-08-23 12:23:06 AM

Fade2black: Bears repeating, but yeah....can't live within your income if you're unemployed. I have a stable job but I'm paycheck to paycheck (mainly because it IS a stable job, but I digress).


The poll asked employees, so people with jobs.

Why do you think they would ask the unemployed if their paychecks have increased?

We already know unemployment is high and underemployment is high.
 
2012-08-23 12:24:26 AM
Elandriel
Eagerly awaiting my chance to join this group of people. Maybe if corporate financial America remembers what a "raise" is.


As with most American's who are struggling to get by, I'm sure it's not because they spend their money unwisely...like...say, a Fark membership, or a 90/month cell phone bill, and an 80/month cable bill, and eating out every day. But hey, fark it, I bet we can get the gov't to pay to pay for that too
 
2012-08-23 12:24:36 AM
But Obama's still black, isn't he?
 
2012-08-23 12:24:53 AM

Alonjar: Wonder how many of those people no longer live paycheck to paycheck because they have adjusted to a lower standard of living.


Or at least finally figured out their $300/mo. cable bill didn't reconcile well with their $1500/mo. income.
 
2012-08-23 12:25:09 AM
So the economy improving under Obama is bad for Obama? I'm sure all of those people finally able to breathe a little bit easier now that the bills are paid with a little bit leftover are just ecstatic about Romney's plan for a $2,000 tax hike on the middle class so that the one percenters can splurge on those 100' yachts or Gulfstream Vs they've been holding off on.
 
2012-08-23 12:25:19 AM
I thought CareerBuilders went outta business? Even if they didn't, when the fark did they become experts on anything other than running a shiatty job site???
 
2012-08-23 12:26:29 AM

GoldSpider: What if that number shrank because more of those people no longer have a job at all? Just sayin...


The real unemployment rate is actually around 14.5% and if you thrown the number of people who were forced to take much lower paying jobs and aren't employed in their career field the rate is actually more like 18%. All these are pretty standard numbers even in good times (the real number always being higher), but the fact that the base number is so stubbornly high should worry Obama.

Should, but then likely doesn't. This is a man who hired an Energy Secretary who doesn't even own a car by his own admission.
 
2012-08-23 12:27:34 AM
This is an interesting metric considering how mediocre the standard economic indicators are these days.
 
2012-08-23 12:28:36 AM
It's not Main, it's Politics tab!

Oh, wait, that's not our slogan any longer...

Real Politics Tab. Not really Main tab

/FTFM
 
2012-08-23 12:28:42 AM

impaler: List of business failures.
*snip*.


What the hell is that? A list of random companies?
 
2012-08-23 12:29:38 AM

hdhale: This is a man who hired an Energy Secretary who doesn't even own a car by his own admission.


Granted it's 12:30 AM here, and I may not be at my peak mental capacity, but I didn't realize vehicle ownership was a requirement of the position.
 
2012-08-23 12:30:46 AM

TuteTibiImperes: So the economy improving under Obama is bad for Obama? I'm sure all of those people finally able to breathe a little bit easier now that the bills are paid with a little bit leftover are just ecstatic about Romney's plan for a $2,000 tax hike on the middle class so that the one percenters can splurge on those 100' yachts or Gulfstream Vs they've been holding off on.


Economy....improving...under Obama!!!! LOL!!!!! Thanks. I haven't laughed so hard in years.
 
2012-08-23 12:31:07 AM

Summercat: impaler: List of business failures.
*snip*.

What the hell is that? A list of random companies?


This list of business failures collects significant companies who met the eventual demise of their well-known brand. The causes include corporate crime and simple insolvency, and are notable for their financial impact on the economy.

Link
 
2012-08-23 12:31:20 AM
FFS, how many times must I say this?

The President isnt this omnipotent being who creates jobs by willing them into existence. To put blame on the office of the President for when the economy is bad is an unfair attack. We, the consumers, are responsible for the health of the economy.

The reverse is also true; when times are good, it also has nothing to do with the President.

It is excellent that those living paycheck-to-paycheck are doing better, but we are not quite out of the woods yet.
 
2012-08-23 12:31:45 AM

impaler: List of business failures.
...LyondellBasell...


Let's be honest. That was happening back in 2004 when they bought EquiStar from their partners...
 
2012-08-23 12:32:11 AM

impaler: List of business failures.

2009.


Woohoo! The company I worked at is in there! Of course, I was laid off in 2003, and in my division it was one of those "you people go in that conference room, the rest of you go over there" and you knew it was bad, and you started sizing up those around you and tried to guess if you were in the "canned" group. Surprise! EVERYONE IN THE DIVISION GOT CANNED!

That was my first FARK experience, getting into an argument with somebody on FARK over the Iraq War and he threatened to "out" me to my company IT via some IP tracing witchery. HAHAHA GOOD LUCK I'M BEHIND A FRENCH DOMAIN I'm sure "Pierre" over in corporate IT in Paris or where ever will give a merde.

//Before you ask, yes this account is newer than that; no I'm not using an alt, I lost my original username and password and my interest in FARK for about 5 years somewhere in the middle
 
2012-08-23 12:33:35 AM
I'd just be happy if my earnings were even trying to pace with the increased costs of fuel (and everything fuel prices impact), insurance, etc. I'm not broke, but my dollar is basically a limp noodle compared to what it used to be. Every time I go to the grocery store I get pissed off at how little $100 buys vs. what it did in the late 90s, when I began earning a similar income as I currently make. And don't tell me to finish graduate school; I don't have the time or the money. Besides, I'd probably just end up making what I make now, only with more prestige and bragging rights.

American Dream, my ass.
 
2012-08-23 12:33:39 AM

impaler: This list of business failures collects significant companies who met the eventual demise of their well-known brand. The causes include corporate crime and simple insolvency, and are notable for their financial impact on the economy.


I hope Blockbuster drowned in late payments before they croaked.
 
2012-08-23 12:34:13 AM
There's a lot of bad news headed Obama's way. Hope he kept up on his community organizer network - he's gonna need a job soon. Or he could just write a bunch of made up books - there's plenty of suckers out there who'll buy them.
 
2012-08-23 12:35:51 AM
Now living on Money Store cash advances?
 
2012-08-23 12:37:30 AM

MrHelpful: There's a lot of bad news headed Obama's way. Hope he kept up on his community organizer network - he's gonna need a job soon. Or he could just write a bunch of made up books - there's plenty of suckers out there who'll buy them.


webrulon.com
 
2012-08-23 12:39:29 AM

MrHelpful: There's a lot of bad news headed Obama's way. Hope he kept up on his community organizer network - he's gonna need a job soon. Or he could just write a bunch of made up books - there's plenty of suckers out there who'll buy them.


Well, in the grand scheme of things, '2017' is 'soon'.
 
2012-08-23 12:40:08 AM

hdhale: The real unemployment rate is actually around 14.5%


The "real" unemployment rate? You mean U6?

U3 is the standard unemployment rate.

U6 is pretty much just U3*1.74. They say the same thing, but they're different scales.

Why would you deliberately chose the scale that is 1.74 times higher than the standard? Other than deception?

research.stlouisfed.org
 
2012-08-23 12:41:13 AM

Tyrano Soros: That's because more and more Americans are unemployed thanks to Oblahma.


I first read that as "Oklahoma."
 
2012-08-23 12:41:20 AM

MrHelpful: There's a lot of bad news headed Obama's way. Hope he kept up on his community organizer network - he's gonna need a job soon. Or he could just write a bunch of made up books - there's plenty of suckers out there who'll buy them.


i.imgur.com
 
2012-08-23 12:41:40 AM

crispyone: TuteTibiImperes: So the economy improving under Obama is bad for Obama? I'm sure all of those people finally able to breathe a little bit easier now that the bills are paid with a little bit leftover are just ecstatic about Romney's plan for a $2,000 tax hike on the middle class so that the one percenters can splurge on those 100' yachts or Gulfstream Vs they've been holding off on.

Economy....improving...under Obama!!!! LOL!!!!! Thanks. I haven't laughed so hard in years.


Housing market is recovering, less people are living paycheck to paycheck, the auto market is bouncing back, and the stock market is up. Other than the dollar still being a bit weak, I'd say it's doing well. I've already made as much this year as I did in the entirety of last year.

Just think of how well things could be going if we'd been able to move to a true single payer Medicare-for-all healthcare system and if we hadn't wasted all of that time on the senseless debt ceiling and budget posturing.
 
2012-08-23 12:41:44 AM
I just got laid off from the boot strap factory.
 
2012-08-23 12:42:18 AM

StopLurkListen: impaler: List of business failures.

2009.

Woohoo! The company I worked at is in there! Of course, I was laid off in 2003, and in my division it was one of those "you people go in that conference room, the rest of you go over there" and you knew it was bad, and you started sizing up those around you and tried to guess if you were in the "canned" group. Surprise! EVERYONE IN THE DIVISION GOT CANNED!

That was my first FARK experience, getting into an argument with somebody on FARK over the Iraq War and he threatened to "out" me to my company IT via some IP tracing witchery. HAHAHA GOOD LUCK I'M BEHIND A FRENCH DOMAIN I'm sure "Pierre" over in corporate IT in Paris or where ever will give a merde.

//Before you ask, yes this account is newer than that; no I'm not using an alt, I lost my original username and password and my interest in FARK for about 5 years somewhere in the middle


Let me guess...It was Romney who fired you after forcing you to build a stage at gun point just so he could look down on you as you were fired. He then gave your wife cancer and stole candy from your children...then forced you to dig your own grave as he pissed on your head and told you it was raining?!??!?
 
2012-08-23 12:42:35 AM

cfffffgagffacfacfacfacfacccccfcaaffff: impaler: This list of business failures collects significant companies who met the eventual demise of their well-known brand. The causes include corporate crime and simple insolvency, and are notable for their financial impact on the economy.

I hope Blockbuster drowned in late payments before they croaked.


They got bought out of bankruptcy by Dish Networks. They still have a store near me.
 
2012-08-23 12:42:48 AM

XplodedSynapses: i am waiting for the paycheck two paydays after the payday before last payday.

/That'll be all.


I was told there would be no maths.
 
2012-08-23 12:42:57 AM

MrHelpful: There's a lot of bad news headed Obama's way. Hope he kept up on his community organizer network - he's gonna need a job soon. Or he could just write a bunch of made up books - there's plenty of suckers out there who'll buy them.



Now that, would have good a GOOD troll:

ct.fra.bz
 
2012-08-23 12:44:03 AM

MrHelpful: There's a lot of bad news headed Obama's way. Hope he kept up on his community organizer network - he's gonna need a job soon. Or he could just write a bunch of made up books - there's plenty of suckers out there who'll buy them.


And gettin that ni... community organizer out of the White House is the one sure way to create jobs!
 
2012-08-23 12:45:27 AM

crispyone: Economy....improving...under Obama!!!! LOL!!!!! Thanks. I haven't laughed so hard in years.


What economic indicator isn't improving?
 
2012-08-23 12:46:04 AM

TuteTibiImperes: So the economy improving under Obama is bad for Obama? I'm sure all of those people finally able to breathe a little bit easier now that the bills are paid with a little bit leftover are just ecstatic about Romney's plan for a $2,000 tax hike on the middle class so that the one percenters can splurge on those 100' yachts or Gulfstream Vs they've been holding off on.


What about Romney plan to shoot anyone that owns an SUV. Sure, he hasnt come out and said that is plan, but he has to get average MPG up somehow, so I will just declare it to be his plan.

Why does Romney had farmers?
 
2012-08-23 12:46:41 AM

StopLurkListen: MrHelpful: There's a lot of bad news headed Obama's way. Hope he kept up on his community organizer network - he's gonna need a job soon. Or he could just write a bunch of made up books - there's plenty of suckers out there who'll buy them.

[i.imgur.com image 125x125]


Who is that chick? I must fap and I have no name!
 
2012-08-23 12:49:11 AM

TuteTibiImperes: crispyone: TuteTibiImperes: So the economy improving under Obama is bad for Obama? I'm sure all of those people finally able to breathe a little bit easier now that the bills are paid with a little bit leftover are just ecstatic about Romney's plan for a $2,000 tax hike on the middle class so that the one percenters can splurge on those 100' yachts or Gulfstream Vs they've been holding off on.

Economy....improving...under Obama!!!! LOL!!!!! Thanks. I haven't laughed so hard in years.

Housing market is recovering, less people are living paycheck to paycheck, the auto market is bouncing back, and the stock market is up. Other than the dollar still being a bit weak, I'd say it's doing well. I've already made as much this year as I did in the entirety of last year.

Just think of how well things could be going if we'd been able to move to a true single payer Medicare-for-all healthcare system and if we hadn't wasted all of that time on the senseless debt ceiling and budget posturing.


Sounds like someone needs to pay more in taxes!
 
2012-08-23 12:49:38 AM

GoldSpider: MrHelpful: There's a lot of bad news headed Obama's way. Hope he kept up on his community organizer network - he's gonna need a job soon. Or he could just write a bunch of made up books - there's plenty of suckers out there who'll buy them.

And gettin that ni... community organizer out of the White House is the one sure way to create jobs!


Not to mention putting a guy who has the same policies of 'Deregulate all the things and give tax cuts and other handouts to the rich' that got us INTO this farking mess in the first place.
 
2012-08-23 12:49:43 AM
No thanks to The Clown In Chief. Yes I've paid my bills without assistance.
 
2012-08-23 12:49:51 AM

impaler: Malév Hungarian Airlines


I'm sure this isn't the only foreign company on your list, which is not our farking problem!
 
2012-08-23 12:50:00 AM

dickfreckle: I'd just be happy if my earnings were even trying to pace with the increased costs of fuel (and everything fuel prices impact), insurance, etc. I'm not broke, but my dollar is basically a limp noodle compared to what it used to be. Every time I go to the grocery store I get pissed off at how little $100 buys vs. what it did in the late 90s, when I began earning a similar income as I currently make. And don't tell me to finish graduate school; I don't have the time or the money. Besides, I'd probably just end up making what I make now, only with more prestige and bragging rights.

American Dream, my ass.


static2.businessinsider.com
 
2012-08-23 12:50:50 AM

crispyone: StopLurkListen: impaler: List of business failures.

2009.

Woohoo! The company I worked at is in there! Of course, I was laid off in 2003, and in my division it was one of those "you people go in that conference room, the rest of you go over there" and you knew it was bad, and you started sizing up those around you and tried to guess if you were in the "canned" group. Surprise! EVERYONE IN THE DIVISION GOT CANNED!

That was my first FARK experience, getting into an argument with somebody on FARK over the Iraq War and he threatened to "out" me to my company IT via some IP tracing witchery. HAHAHA GOOD LUCK I'M BEHIND A FRENCH DOMAIN I'm sure "Pierre" over in corporate IT in Paris or where ever will give a merde.

//Before you ask, yes this account is newer than that; no I'm not using an alt, I lost my original username and password and my interest in FARK for about 5 years somewhere in the middle

Let me guess...It was Romney who fired you after forcing you to build a stage at gun point just so he could look down on you as you were fired. He then gave your wife cancer and stole candy from your children...then forced you to dig your own grave as he pissed on your head and told you it was raining?!??!?


Naw, Mitt 'n' I are like *THIS* (holds two fingers up in Boy Scout Salute). We go way back to college.

He impregnated my stage, gave my grave piss cancer, set fire to the children then stole my candy gun.
 
2012-08-23 12:51:39 AM
The should take it again when higher food prices hit in a few months.
 
2012-08-23 12:52:13 AM

OgreMagi: I'm sure this isn't the only foreign company on your list, which is not our farking problem!


So, you're completely unaware of our global economy?
 
2012-08-23 12:52:48 AM
cdn.theatlantic.com
 
2012-08-23 12:53:08 AM

nmemkha: The should take it again when higher food prices hit in a few months.


Damn that Obama and his drought-ray!
 
2012-08-23 12:54:02 AM

nmemkha: The should take it again when higher food prices hit in a few months.


Because drought is caused by Fed action, right?
 
2012-08-23 12:54:07 AM

impaler: List of business failures.

2008
Allco Finance Group
Aloha Airlines
Amtrak Express Parcels
...
Crabtree & Evelyn
....
...


/there's a few jokes in there somewhere....

bookmarking list to review later.

btw, is this just the brick and mortar list?
how many employees per business (at their peak)?
 
2012-08-23 12:54:39 AM
I'm just glad Obamugabe has relaxed his tyrannical grip over the price of oil.
Some say he is only temporarily allowing us these prices to lull us into a false sense of security before he stops the supply entirely and invokes martial law when Romney/Ryan win in a landslide. 
If only they knew the real purpose behind Solyndra.
 
2012-08-23 12:55:59 AM

crispyone: TuteTibiImperes: crispyone: TuteTibiImperes: So the economy improving under Obama is bad for Obama? I'm sure all of those people finally able to breathe a little bit easier now that the bills are paid with a little bit leftover are just ecstatic about Romney's plan for a $2,000 tax hike on the middle class so that the one percenters can splurge on those 100' yachts or Gulfstream Vs they've been holding off on.

Economy....improving...under Obama!!!! LOL!!!!! Thanks. I haven't laughed so hard in years.

Housing market is recovering, less people are living paycheck to paycheck, the auto market is bouncing back, and the stock market is up. Other than the dollar still being a bit weak, I'd say it's doing well. I've already made as much this year as I did in the entirety of last year.

Just think of how well things could be going if we'd been able to move to a true single payer Medicare-for-all healthcare system and if we hadn't wasted all of that time on the senseless debt ceiling and budget posturing.

Sounds like someone needs to pay more in taxes!


That's generally how it works, the more you make, the larger a percentage of your income you should pay. I'm OK with that, because I still have more leftover after taxes than I did when I made less.

I happen to like things like NASA, NPR, the NEA, DARPA, naional parks, bridges that don't fall down, and government backed advances in clean energy. I also like the idea of everyone having enough money that they can go out and spend it to actually keep the economy going. Money flows up, not down.
 
2012-08-23 12:57:06 AM

OgreMagi: impaler: Malév Hungarian Airlines

I'm sure this isn't the only foreign company on your list, which is not our farking problem!


In the original posters defense "Malev Hungarian Airlines" probably received tax payer money from Obama. Dig deeper and I'd bet you find that George Soros invested in Malev Hungarian Airlines about 2 weeks before Obama gave them tax payer money....kinda like he invested in Brazilian oil right before Obama gave them tax payer money.
 
2012-08-23 12:59:44 AM

impaler: List of business failures.

2008
Allco Finance Group
Aloha Airlines
Amtrak Express Parcels
Apex Aircraft
ATA Airlines
Australian School of Business and Technology[56]
Bennigan's
Bill Heard Enterprises
Buffets, Inc.
Circuit City Stores[note 20][57][58]
Coast Air
Commander Communications
Countrywide Financial
Dawahares
Dolcis Shoes
eos Airlines
FreshXpress
Frontier Airlines
Gamley's
Glitnir[note 21]
Gretna F.C.
Halifax Town A.F.C.
Harold's
Holley Performance Products[59]
IndyMac Bank
iQon Technologies
Kaupthing Bank[note 22]
Kaupthing Singer & Friedlander[note 23]
Krispy Kreme Hong Kong[60]
Landsbanki[note 24]
Lehman Brothers[note 25]
Lenox
Levitz Furniture[61]
Lillian Vernon
Linens 'n Things[62]
Luton Town F.C.
Madoff Investment Securities
Mattress Discounters[45]
Meguro Sushi[63]
Mervyns[58]
MFI Group
Montres Villemont[64][note 26]
Morgan UK[65]
Motorworld[66]
Nationwide Airlines
Oasis Hong Kong Airlines
The Officers Club[67][68]
Olan Mills[69]
Opes Prime
Peau Vavaʻu
Photo-Optix[70][note 27]
Pilgrim's Pride
RC Developments[71]
Rosebys
Rotherham United F.C.
Sanlu Group
The Sharper Image[72]
Shoe Pavilion[73]
Silver State Helicopters
Silverjet
Skybus Airlines
Super Aguri F1[74]
Tai Lin Radio Service[75]
Tribune Company
Tropicana Entertainment
Tuctuc Ltd[76]
Tweeter[77]
U-Right[78][note 28]
USC[79]
Value City
VeraSun Energy
Vivitar
Wachovia
Washington Mutual
WCI Communities
Wickes Furniture
Wilsons Leather
WiQuest Communications
Woolworths Group
XL Airways UK
Yamato Life
Zavvi[80]
Ziff Davis
Zoom Airlines

2009
3D Realms
A1 Grand Prix Operations[81]
AbitibiBowater
Allied Carpets
Apex Silver Mines
Arcandor
Babcock & Brown
Bashas'
BearingPoint
Berkhamsted Town F.C.
Boater's World
Borders UK
Central Park Media
Charter Communications
Christian Lacroix[82]
CIT Group
Colonial Bancgroup
Crabtree & Evelyn
Darlington F.C.
Denver Newspaper Agency
Empire Direct
Extended Stay Hotels
Escada
Fisher Athletic F.C.
First Quench Retailing
Fleetwood Enterprises
FlyLal
Fortunoff
Goody's Family Clothing
Gottschalks
Hartmarx
Idearc
G.I. Joe's
Journal Register Company
Karmann[83]
KB Toys
Land of Leather[84]
LDV Group
FK Lyn
LyondellBasell
Magna Entertainment Corp.
Märklin
Merisant
Midway Games
Monaco Coach Corporation
Nortel
Peanut Corporation of America
Philadelphia Media Holdings[85]
Qimonda
Reader's Digest Association
R. H. Donnelley
Ritz Camera Centers
SeeqPod
Send the Light
SETA Corporation
Setanta Sports
SFCG Co.
Silicon Graphics
Smurfit-Stone Container
Spansion
Spectrum Brands
SPV GmbH
SsangYong Motor Company [note 29][86]
Stanford Financial Group
Station Casinos
Steve & Barry's
Strathfield[87]
Stylo
Sun-Times Media Group
Taylor, Bean & Whitaker
Tronox
Trump Entertainment Resorts
Viyella
Waterford Wedgwood[88]
Young Broadcasting

2010
Adams Childrenwear
Air America Radio
Bidtopia
Blockbuster Inc.
Canwest
HFC Haarlem
Hollywood Video
Pontin's

2011
4Kids Entertainment
AJWright
Borders Group
Focus DIY
Habitat
Hawkin's Bazaar
HomeForm Group
Oddbins
Syms Corporation
Ultimate Electronics

2012
SeaFrance
Malév Hungarian Airlines
Rangers F.C.


2008
Madoff Investment Securities

Lulz
 
2012-08-23 01:00:44 AM
Does this number include some of the roughly 165 million financially dependant on the government in one way or another?
 
2012-08-23 01:01:01 AM
/sorry about the copypasta, couldn't edit on phone
 
2012-08-23 01:03:26 AM

socodog: Does this number include some of the roughly 165 million financially dependant on the government in one way or another?


Not if you ask them.

s3.amazonaws.com
 
2012-08-23 01:03:52 AM

crispyone: OgreMagi: impaler: Malév Hungarian Airlines

I'm sure this isn't the only foreign company on your list, which is not our farking problem!

In the original posters defense "Malev Hungarian Airlines" probably received tax payer money from Obama. Dig deeper and I'd bet you find that George Soros invested in Malev Hungarian Airlines about 2 weeks before Obama gave them tax payer money....kinda like he invested in Brazilian oil right before Obama gave them tax payer money.


Or you could dig deeper and provide some proof for the facts you're pulling from your nethers.
 
2012-08-23 01:07:39 AM

socodog: Does this number include some of the roughly 165 million financially dependant on the government in one way or another?


Because taking advantage of social security of medicare programs that you've paid into during your working years is just like being on welfare, and while tax cuts and loopholes for the rich are "preserving our freedoms" it's socialism when the poor use the tax code to their advantage.
 
2012-08-23 01:08:27 AM

Lunchlady: Or you could dig deeper and provide some proof for the facts claims you're pulling from your nethers.


FTFY.

Notice the thread shiatters aren't posting ANY facts to support their bullshat? Only general unsupported claims?

Both sides are bad. And by sides, I mean lying sacks of shat, and those interested in reality.
 
2012-08-23 01:10:04 AM
You and the point did not connect at all.

TuteTibiImperes: socodog: Does this number include some of the roughly 165 million financially dependant on the government in one way or another?

Because taking advantage of social security of medicare programs that you've paid into during your working years is just like being on welfare, and while tax cuts and loopholes for the rich are "preserving our freedoms" it's socialism when the poor use the tax code to their advantage.

 
2012-08-23 01:13:09 AM

socodog: You and the point did not connect at all.
TuteTibiImperes: socodog: Does this number include some of the roughly 165 million financially dependant on the government in one way or another?

Because taking advantage of social security of medicare programs that you've paid into during your working years is just like being on welfare, and while tax cuts and loopholes for the rich are "preserving our freedoms" it's socialism when the poor use the tax code to their advantage.


I felt the sarcasm came across, but perhaps I should have used a slashy to clarify.
 
2012-08-23 01:13:48 AM
Obama will win in a landslide. Not because he is so great but because Romney is such a sleaze ball. People prefer bad they know, than bad they don't know. The economy is farked because of Wall Street and the banking system, not government, except the fact that big business buys off politicians to keep themselves rich.
 
2012-08-23 01:15:31 AM

impaler: [cdn.theatlantic.com image 620x394]


It's so funny listening to Obama and his stooges talk about, "Obama has created 10 bagillion jobs" when they never mentions jobs lost. 10 bagillion - 20 bagillion is still a negative number. Bottom farking line liberal idiots....when unemployment has gone UP that means more jobs have been lost than have been created.

And no amount of..."But, but, but, George Bush" changes that fact.

Obama promises...

Cut deficit in half...Doubled deficit.
Close Gitmo by end of first year.....Gitmo still open.
Enemployment won't go above 8%...It did.
Will stop drone attacks...doubled drone attacks and even bombs rescue workers of previous drone attacks.
 
2012-08-23 01:16:23 AM
This must be the thread where Obama is blamed for the mess he inherited from Bush and the GOP.
That's good because we haven't had one of those for awhile.
 
2012-08-23 01:16:27 AM

Summoner101: /sorry about the copypasta, couldn't edit on phone


lulz, now im going to have to read tfa

/Sory 'bout 

waiting on my next direct deposit
/while renter getting a post dated cheque, that didn't cash on time.
 
2012-08-23 01:17:20 AM

TuteTibiImperes: socodog: Does this number include some of the roughly 165 million financially dependant on the government in one way or another?

Because taking advantage of social security of medicare programs that you've paid into during your working years is just like being on welfare, and while tax cuts and loopholes for the rich are "preserving our freedoms" it's socialism when the poor use the tax code to their advantage.


soldiersystems.net
 
2012-08-23 01:18:30 AM
Hey Subby, STFU and GBTW. The Slurpee machine needs to be topped off.
 
2012-08-23 01:19:14 AM
hell, we've been living paycheck to paycheck since....well.....forever? wtf?
 
2012-08-23 01:20:31 AM
Yo, don't forget the CONTINUATION of patriot act, the "bush" tax cuts, and a big first (probably the worst thing he's done) extrajudicial assassination of US citizens.
 
2012-08-23 01:20:36 AM

GoldSpider: nmemkha: The should take it again when higher food prices hit in a few months.

Damn that Obama and his drought-ray!


If Bush was in office MSNBC would be running nightly episodes on "Why has Bush done nothing to stop the drought!!" Common liberal media tactic...every environmental disaster is the fault of the nearest republican.
 
2012-08-23 01:21:02 AM

Alonjar: Wonder how many of those people no longer live paycheck to paycheck because they have adjusted to a lower standard of living.


Good point - its not necessarily "Bad News" for Obama, it may just mean folks have found ways(voluntarily or involuntarily) to live below their means.

It would be interesting to see how this compares to the number of people who have increased their savings rate.
 
2012-08-23 01:21:52 AM

impaler: List of business failures.

2008
Bennigan's

Thank goodness for that. shiatty restaurants selling overpriced crappy bar food (and a decent Monte Cristo) should close down.

Circuit City Stores[note 20][57][58]
Hello thar H.H.Gregg.

Lehman Brothers[note 25]
If only this was Goldman instead... well, I guess it's "better" that Goldman didn't crash, but that's all relative.

Madoff Investment Securities
EL OH EL

Mattress Discounters[45]
Tired of high school kids calling them up and asking for cum resistant mattresses?

Anyway, looking at your list, it appears that there has been a sharp decline on the number of businesses closed since Obama's policies started taking affect.
 
2012-08-23 01:22:15 AM

Mantour: TuteTibiImperes: socodog: Does this number include some of the roughly 165 million financially dependant on the government in one way or another?

Because taking advantage of social security of medicare programs that you've paid into during your working years is just like being on welfare, and while tax cuts and loopholes for the rich are "preserving our freedoms" it's socialism when the poor use the tax code to their advantage.

[soldiersystems.net image 500x370]


You win the thread.
 
2012-08-23 01:22:34 AM

impaler: 2008
Allco Finance Group
Aloha Airlines
Amtrak Express Parcels
Apex Aircraft
ATA Airlines
Australian School of Business and Technology[56]
Bennigan's
Bill Heard Enterprises
Buffets, Inc.
Circuit City Stores[note 20][57][58]
Coast Air
Commander Communications
Countrywide Financial
Dawahares
Dolcis Shoes
eos Airlines
FreshXpress
Frontier Airlines
Gamley's
Glitnir[note 21]
Gretna F.C.
Halifax Town A.F.C.
Harold's
Holley Performance Products[59]
IndyMac Bank
iQon Technologies
Kaupthing Bank[note 22]
Kaupthing Singer & Friedlander[note 23]
Krispy Kreme Hong Kong[60]
Landsbanki[note 24]
Lehman Brothers[note 25]
Lenox
Levitz Furniture[61]
Lillian Vernon
Linens 'n Things[62]
Luton Town F.C.
Madoff Investment Securities
Mattress Discounters[45]
Meguro Sushi[63]
Mervyns[58]
MFI Group
Montres Villemont[64][note 26]
Morgan UK[65]
Motorworld[66]
Nationwide Airlines
Oasis Hong Kong Airlines
The Officers Club[67][68]
Olan Mills[69]
Opes Prime
Peau Vavaʻu
Photo-Optix[70][note 27]
Pilgrim's Pride
RC Developments[71]
Rosebys
Rotherham United F.C.
Sanlu Group
The Sharper Image[72]
Shoe Pavilion[73]
Silver State Helicopters
Silverjet
Skybus Airlines
Super Aguri F1[74]
Tai Lin Radio Service[75]
Tribune Company
Tropicana Entertainment
Tuctuc Ltd[76]
Tweeter[77]
U-Right[78][note 28]
USC[79]
Value City
VeraSun Energy
Vivitar
Wachovia
Washington Mutual
WCI Communities
Wickes Furniture
Wilsons Leather
WiQuest Communications
Woolworths Group
XL Airways UK
Yamato Life
Zavvi[80]
Ziff Davis
Zoom Airlines


Obama bad businesses fail before he even was president?
 
2012-08-23 01:24:07 AM
No, not really.

MemeSlave: Mantour: TuteTibiImperes: socodog: Does this number include some of the roughly 165 million financially dependant on the government in one way or another?

Because taking advantage of social security of medicare programs that you've paid into during your working years is just like being on welfare, and while tax cuts and loopholes for the rich are "preserving our freedoms" it's socialism when the poor use the tax code to their advantage.

[soldiersystems.net image 500x370]

You win the thread.

 
2012-08-23 01:25:03 AM

socodog: You and the point did not connect at all.
TuteTibiImperes: socodog: Does this number include some of the roughly 165 million financially dependant on the government in one way or another?

Because taking advantage of social security of medicare programs that you've paid into during your working years is just like being on welfare, and while tax cuts and loopholes for the rich are "preserving our freedoms" it's socialism when the poor use the tax code to their advantage.


Jason Lewis "Mr. Right" (a more libertarian bent, less insane version of Limbaugh) stated today that one of the biggest government subsidies was that employees get paid in health insurance, and it isn't taxed. This comes out to something like $100 billion. The reason its so big is because it applies to all employed people. The other subsidies are categorized by industry. Then he went on to the home mortgage interest deduction.

They aren't just visibly attacking the "leach" poor anymore. They're attacking the middle class - and they're not even hiding it.

These myopic twits have extended Wall-streets near-sighted corporate philosophy to everything. All that matter is the next quarters profits. If they can get their next tax payment lower, by fuking the middle class, they will do it.

They don't even have the foresight to realize if the fark the middle class, there will be no one left to buy their shat.
 
2012-08-23 01:27:16 AM

crispyone: It's so funny listening to Obama and his stooges talk about, "Obama has created 10 bagillion jobs" when they never mentions jobs lost


That graph is "jobs created - jobs lost," you moron.
 
2012-08-23 01:30:29 AM

TuteTibiImperes: crispyone: TuteTibiImperes: crispyone: TuteTibiImperes: So the economy improving under Obama is bad for Obama? I'm sure all of those people finally able to breathe a little bit easier now that the bills are paid with a little bit leftover are just ecstatic about Romney's plan for a $2,000 tax hike on the middle class so that the one percenters can splurge on those 100' yachts or Gulfstream Vs they've been holding off on.

Economy....improving...under Obama!!!! LOL!!!!! Thanks. I haven't laughed so hard in years.

Housing market is recovering, less people are living paycheck to paycheck, the auto market is bouncing back, and the stock market is up. Other than the dollar still being a bit weak, I'd say it's doing well. I've already made as much this year as I did in the entirety of last year.

Just think of how well things could be going if we'd been able to move to a true single payer Medicare-for-all healthcare system and if we hadn't wasted all of that time on the senseless debt ceiling and budget posturing.

Sounds like someone needs to pay more in taxes!

That's generally how it works, the more you make, the larger a percentage of your income you should pay. I'm OK with that, because I still have more leftover after taxes than I did when I made less.

I happen to like things like NASA, NPR, the NEA, DARPA, naional parks, bridges that don't fall down, and government backed advances in clean energy. I also like the idea of everyone having enough money that they can go out and spend it to actually keep the economy going. Money flows up, not down.


So I'm sure you are glad you are up stream rather than down stream. So how much of your non-taxed money do you donate to NASA, NPR, and the NEA???? I'm guessing you donate ZERO to those agencies.

Hilarious that as an obvious liberal you put DARPA on your list...You do realize that DARPA is 100% about US military and scientific dominance over the rest of the world? You do realize that DARPA funds research that is 100% geared towards technology killing any form of life?
 
2012-08-23 01:34:49 AM

crispyone: Hilarious that as an obvious liberal you put DARPA on your list...You do realize that DARPA is 100% about US military and scientific dominance over the rest of the world?


I'm an R&D engineer.

DARPA has funded my paychecks many times, in the area of computer networking, which is how we're communicating right now, and you're staring to irritate me.

You do realize that DARPA funds research that is 100% geared towards technology killing any form of life?

More than you want to know right now.
 
2012-08-23 01:35:09 AM

impaler: socodog: You and the point did not connect at all.
TuteTibiImperes: socodog: Does this number include some of the roughly 165 million financially dependant on the government in one way or another?

Because taking advantage of social security of medicare programs that you've paid into during your working years is just like being on welfare, and while tax cuts and loopholes for the rich are "preserving our freedoms" it's socialism when the poor use the tax code to their advantage.

Jason Lewis "Mr. Right" (a more libertarian bent, less insane version of Limbaugh) stated today that one of the biggest government subsidies was that employees get paid in health insurance, and it isn't taxed. This comes out to something like $100 billion. The reason its so big is because it applies to all employed people. The other subsidies are categorized by industry. Then he went on to the home mortgage interest deduction.

They aren't just visibly attacking the "leach" poor anymore. They're attacking the middle class - and they're not even hiding it.

These myopic twits have extended Wall-streets near-sighted corporate philosophy to everything. All that matter is the next quarters profits. If they can get their next tax payment lower, by fuking the middle class, they will do it.

They don't even have the foresight to realize if the fark the middle class, there will be no one left to buy their shat.


Agreed. The problem is as it ever was that everyone overestimates their own prosperity, and their prosperity in the near future. A family with a $150,000 household income, through some feat of amazing cognitive dissonance, hears Obama's plan that taxes will go down or remain steady for anyone with an income under $250,000, and then Romney's plan that taxes will go down for those making over $1,000,000 and somehow believe that the latter plan is more in their interests. It baffles my mind.
 
2012-08-23 01:35:22 AM

crispyone: So how much of your non-taxed money do you donate to NASA, NPR, and the NEA???? I'm guessing you donate ZERO to those agencies.


i1101.photobucket.com


OK, nice performance. [clapclapclapclap]
 
2012-08-23 01:41:28 AM

impaler: crispyone: It's so funny listening to Obama and his stooges talk about, "Obama has created 10 bagillion jobs" when they never mentions jobs lost

That graph is "jobs created - jobs lost," you moron.


Too dumb to respond!!! LOL!!!!
 
2012-08-23 01:44:54 AM

crispyone: impaler: crispyone: It's so funny listening to Obama and his stooges talk about, "Obama has created 10 bagillion jobs" when they never mentions jobs lost

That graph is "jobs created - jobs lost," you moron.

Too dumb to respond!!! LOL!!!!


Dude, slow down. Milk the audience. Don't blow all of your material in the first five minutes.

i1190.photobucket.com
 
2012-08-23 01:47:50 AM

crispyone: TuteTibiImperes: crispyone: TuteTibiImperes: crispyone: TuteTibiImperes: So the economy improving under Obama is bad for Obama? I'm sure all of those people finally able to breathe a little bit easier now that the bills are paid with a little bit leftover are just ecstatic about Romney's plan for a $2,000 tax hike on the middle class so that the one percenters can splurge on those 100' yachts or Gulfstream Vs they've been holding off on.

Economy....improving...under Obama!!!! LOL!!!!! Thanks. I haven't laughed so hard in years.

Housing market is recovering, less people are living paycheck to paycheck, the auto market is bouncing back, and the stock market is up. Other than the dollar still being a bit weak, I'd say it's doing well. I've already made as much this year as I did in the entirety of last year.

Just think of how well things could be going if we'd been able to move to a true single payer Medicare-for-all healthcare system and if we hadn't wasted all of that time on the senseless debt ceiling and budget posturing.

Sounds like someone needs to pay more in taxes!

That's generally how it works, the more you make, the larger a percentage of your income you should pay. I'm OK with that, because I still have more leftover after taxes than I did when I made less.

I happen to like things like NASA, NPR, the NEA, DARPA, naional parks, bridges that don't fall down, and government backed advances in clean energy. I also like the idea of everyone having enough money that they can go out and spend it to actually keep the economy going. Money flows up, not down.

So I'm sure you are glad you are up stream rather than down stream. So how much of your non-taxed money do you donate to NASA, NPR, and the NEA???? I'm guessing you donate ZERO to those agencies.

Hilarious that as an obvious liberal you put DARPA on your list...You do realize that DARPA is 100% about US military and scientific dominance over the rest of the world? You do realize that DARPA funds res ...


Everyone is upstream of someone else. Even the guy flipping burgers needs someone with enough money to buy the burger to keep his job. If you put more money in the hands of the working and middle classes those people will spend the money as opposed to the extremely wealthy who can afford to sit on it, park it offshore, or play stock market games with it. If people spend more all businesses will do better, which will create more profits and more jobs pouring money back into the system. There has to be a steady flow of cash into the hands of average consumers for economy to grow and prosper.

I can be liberal and still support the military and DARPA. I know what DARPA does, and many of their innovations have found their way into civilian sector products, most notable the internet. I'm generally pro-science funding of any sort. Just because something is originally designed to help a cruise missile hit a golf ball sized target 1,000 miles away doesn't mean that someday that same technology won't help my car be able to autonomously drive cross country while I take a nap behind the wheel.

Plus, making the military more efficient means that the costs of wars can come down in the future. The more we can do with less boots on the ground the cheaper it will be for the public at large in the next conflict we get caught up in. I'd much rather see tax dollars go to a government owned non-profit research organization than to profit based private sector defense contractors.
 
2012-08-23 01:55:32 AM

crispyone: StopLurkListen: impaler: List of business failures.

2009.

Woohoo! The company I worked at is in there! Of course, I was laid off in 2003, and in my division it was one of those "you people go in that conference room, the rest of you go over there" and you knew it was bad, and you started sizing up those around you and tried to guess if you were in the "canned" group. Surprise! EVERYONE IN THE DIVISION GOT CANNED!

That was my first FARK experience, getting into an argument with somebody on FARK over the Iraq War and he threatened to "out" me to my company IT via some IP tracing witchery. HAHAHA GOOD LUCK I'M BEHIND A FRENCH DOMAIN I'm sure "Pierre" over in corporate IT in Paris or where ever will give a merde.

//Before you ask, yes this account is newer than that; no I'm not using an alt, I lost my original username and password and my interest in FARK for about 5 years somewhere in the middle

Let me guess...It was Romney who fired you after forcing you to build a stage at gun point just so he could look down on you as you were fired. He then gave your wife cancer and stole candy from your children...then forced you to dig your own grave as he pissed on your head and told you it was raining?!??!?


*snerk*
 
2012-08-23 01:58:17 AM

Elandriel: Eagerly awaiting my chance to join this group of people. Maybe if corporate financial America remembers what a "raise" is.


mmmmmm, yep. Me too.
 
2012-08-23 01:58:47 AM

impaler: crispyone: Hilarious that as an obvious liberal you put DARPA on your list...You do realize that DARPA is 100% about US military and scientific dominance over the rest of the world?

I'm an R&D engineer.

DARPA has funded my paychecks many times, in the area of computer networking, which is how we're communicating right now, and you're staring to irritate me.

You do realize that DARPA funds research that is 100% geared towards technology killing any form of life?

More than you want to know right now.


gonna need a job in a few years when I graduate with ME and EE degrees. Job prospects?

I figure it can't be as bad as what I do now, and my ME AutoCAD Prof can't remember the last time someone graduated with both at the same time. It has happened, but not much. Haven't spoken with the EE AutoCAD(MATLAB) Prof. yet. Seems a bit out there; good guy, just a little off.

/3.7(or so), at the moment.
//one B+ farked my 4.0 GPA
 
2012-08-23 02:02:44 AM

impaler:

[static2.businessinsider.com image 612x459]


Huh. It sure feels a hell of a lot worse. I have only my anecdotes to counter that graph, but I'm telling you, farking everything is far more expensive and for many of us, and earnings have not kept up. I'd be interested in more details as to how those figures were reached. Because I know for a fact that my daily expenses are outpacing any additional monies I've added to my tax returns in the past decade. Has anyone gotten a raise to combat fuel prices? I mean, the companies have raised their prices, but are the workers really being paid substantially more? Even the little sh*t like going out to eat now has a few extra bucks tacked on to account for wholesaler price increases that must be passed on to the consumer. All of that little sh*t adds up, eventually.

But again that's just me. Oh, but there are untold numbers of people in the same boat. I don't get automatic COL raises. I can't raise my rates or I won't be hired. I'm comfortable enough for the time being, but how many years before this trend actually farks me in the ass instead of merely threatening to?

Your graph has a good source, yet it's counter to everything I'm experiencing, that's all.
 
2012-08-23 02:04:40 AM
I've made more money under the Obama admin than any other.
...and I'm frikin old.
but that's because I built it all myself biatches!!!

anyway, it doesn'y matter who's in office, we're owned... like you and I own our pets.
 
2012-08-23 02:25:04 AM

Summercat: impaler: List of business failures.
*snip*.

What the hell is that? A list of random companies?


I see several english soccer teams and the Hungarian national airline.
 
2012-08-23 02:35:54 AM
The bennefit of the recession was that it scared a whole lot of people into behaving responsibly. Average debt levels have fallen and cash savings rates have risen as a result. People are saving their nuts for a rainy day rather than spending it on that shiny new thing they can just put on credit or pull cash out of their house to finance.

Of course, personal savings and low personal debt are bad for business, so I'm pretty sure once the asshole bankers start feeling that pinch (whadday mean you don't want to go into debt!?) the economy will get "fixed" right quick.
 
2012-08-23 02:36:37 AM

dickfreckle: Huh. It sure feels a hell of a lot worse. I have only my anecdotes to counter that graph, but I'm telling you, farking everything is far more expensive and for many of us, and earnings have not kept up.


Really expensive things aren't getting a lot more expensive.

Cheap things are.

Also, earnings are having a hard time keeping up.

Well, unless you're a corporation.

And if anyone want's to pin the disparity on Democrats, they're not paying any farking attention.
 
2012-08-23 02:44:31 AM
We should just hand over our earnings to the rich and wait for them to trickle it down to us.
 
2012-08-23 03:23:11 AM

impaler: Really expensive things aren't getting a lot more expensive.

Cheap things are.


Bingo. It's the daily sh*t that's nickel and diming me to death. Which is also why your graph was so surprising, to me. I feel it at the pump, the grocer, and almost everywhere I used to take for granted. The only thing pacing my earnings these days is the dollar menu at McDonald's.

I'm definitely not blaming it on Obama. For starters, I like the guy. Secondly, I understand that there are things in a 'free' market that he does not control. What I do know is that is that there are untold numbers of 40-ish K worker drones who create demand, and any more stress on us can only hurt the economy overall.

Sadly, too many of my own "class" are blinded by Jesus and whomever has the shinier flag pin. This is not a prudent route for America to take. It only ends in a plutocracy where guys like me are at the mercy of those born on third, thinking they hit a triple.

/like that isn't already the case, and my 50k brethren aren't carrying water for the elite.
 
2012-08-23 03:26:12 AM

Trance354: impaler: crispyone: Hilarious that as an obvious liberal you put DARPA on your list...You do realize that DARPA is 100% about US military and scientific dominance over the rest of the world?

I'm an R&D engineer.

DARPA has funded my paychecks many times, in the area of computer networking, which is how we're communicating right now, and you're staring to irritate me.

You do realize that DARPA funds research that is 100% geared towards technology killing any form of life?

More than you want to know right now.

gonna need a job in a few years when I graduate with ME and EE degrees. Job prospects?

I figure it can't be as bad as what I do now, and my ME AutoCAD Prof can't remember the last time someone graduated with both at the same time. It has happened, but not much. Haven't spoken with the EE AutoCAD(MATLAB) Prof. yet. Seems a bit out there; good guy, just a little off.

/3.7(or so), at the moment.
//one B+ farked my 4.0 GPA


Same thing happened to me with the B. Everyone gets one. It's there to teach you to pick teachers a little more carefully.
 
2012-08-23 03:35:15 AM

crispyone: That graph is "jobs created - jobs lost," you moron.

Too dumb to respond!!! LOL!!!!


Why haven't you responded to my post after this one yet.

Damn it! I wasted my time creating a GUI interface using Visual Basic. Just to see if he I can track an IP address.
 
2012-08-23 03:36:24 AM
BTW, sorry, no job prospects.
 
2012-08-23 05:13:32 AM
Wow! How far did the author have to reach up his ass to come up with that sort of conclusion?
 
2012-08-23 05:51:35 AM
The biggest crash hasn't happened yet.

Just wait until China pulls the plug on the USA.
 
2012-08-23 06:04:02 AM

viscountalpha: The biggest crash hasn't happened yet.

Just wait until China pulls the plug on the USA.


How would they do that exactly?
 
2012-08-23 06:23:40 AM
I know they didn't ask me.
 
2012-08-23 06:32:21 AM
Another salvo fired in the Save Obama's Job! battle. I expect to see all kinds of crap stories like this, trying to get the stupid to believe that the economy is booming. Look at gas prices, 4 bucks a gallon. Food prices are skyrocketing and have been for over two years. People can't find jobs.

I'd like to know more about the internals of this poll because I don't believe the result is a true reflection of how the average American is living these days.
 
2012-08-23 06:57:22 AM
I can attest to this.

For the first time since I can remember, I am having some things on my car fixed *without* it being an emergency. I actually have the money to do this without it affecting my regular expenses.

Plus I was recently able to afford a biatchin gaming PC, and am building up my savings. So I've got that going for me.

Suck it, GOP.
 
2012-08-23 07:21:52 AM
Hahahahaa, wage slaves. I've got a whole paycheck ahead in the bank right now, and my job doesn't end for almost another month! You wish you could feel like you're sitting on a pile of pennies right now, like I do!
 
2012-08-23 07:30:02 AM
I've got a great job. Obama didn't make it. But if he's making more jobs, great. Isn't that what he's supposed to do?
 
2012-08-23 07:33:56 AM
"List of business failures.... 4kids entertainmant"

So not all bad news then?
 
2012-08-23 07:51:01 AM

impaler: [cdn.theatlantic.com image 620x394]


Two problems with that graph. First, the left scale should have been marked +1% down to -6%, unless they are trying to say Obama lost 99% of private sector jobs in three months and Bush lost 99.9%. Perhaps labeling it "private sector jobs remaining/increased" would have fit the 96 to 101% scale better. Secondly, what's missing is the big drop off in Bush's second term. This graph makes it appear we now have more private sector jobs than when Bush took office. While there has been an increase in jobs (according to the graph) in the last two years, we are no way near what we had when Bush took office.
 
2012-08-23 07:51:52 AM

TuteTibiImperes: So the economy improving under Obama is bad for Obama? I'm sure all of those people finally able to breathe a little bit easier now that the bills are paid with a little bit leftover are just ecstatic about Romney's plan for a $2,000 tax hike on the middle class so that the one percenters can splurge on those 100' yachts or Gulfstream Vs they've been holding off on.


Can I get some of that coolaid?
 
2012-08-23 07:55:45 AM
welcome to teh year 2012. LITERALLY EVERYONE is a MULTI BILLIONAIRE like OBAMA. and ROMNEY!
 
2012-08-23 07:56:30 AM

StopLurkListen: MrHelpful: There's a lot of bad news headed Obama's way. Hope he kept up on his community organizer network - he's gonna need a job soon. Or he could just write a bunch of made up books - there's plenty of suckers out there who'll buy them.

[i.imgur.com image 125x125]


Oh man! That's just too funny. Thanks.

/Every time my boss says something today I'm going to imagine that picture.
 
2012-08-23 07:57:55 AM
It isn't the President's job to create jobs. He doesn't legislate. I'm unaware of how this is anything but Congress and the private sector's duty.

Oops, my bad, the President does have one area he can contribute: he can pull the military out of entanglements, saving tax payers hundreds of billions of dollars.

/blame the President, not the legislators
//all a facade
 
2012-08-23 08:06:42 AM

impaler: nmemkha: The should take it again when higher food prices hit in a few months.

Because drought is caused by Fed action, right?


HAARP blah blah wharrgarbl.

/everything is the government's fault, except when good things happen
 
2012-08-23 08:07:39 AM
it doesn't matter what happens
bad economy
lost jobs
trillions in debt

yer gonna keep voting in the same idiots

you get what you deserve
 
2012-08-23 08:30:34 AM
Yeah, because more Americans are relying on the next government check to make ends meet.
 
2012-08-23 08:41:08 AM

MrHelpful: There's a lot of bad news headed Obama's way. Hope he kept up on his community organizer network - he's gonna need a job soon. Or he could just write a bunch of made up books - there's plenty of suckers out there who'll buy them.


us10.memecdn.com
 
2012-08-23 08:48:28 AM

impaler: dickfreckle: I'd just be happy if my earnings were even trying to pace with the increased costs of fuel (and everything fuel prices impact), insurance, etc. I'm not broke, but my dollar is basically a limp noodle compared to what it used to be. Every time I go to the grocery store I get pissed off at how little $100 buys vs. what it did in the late 90s, when I began earning a similar income as I currently make. And don't tell me to finish graduate school; I don't have the time or the money. Besides, I'd probably just end up making what I make now, only with more prestige and bragging rights.

American Dream, my ass.

[static2.businessinsider.com image 612x459]



You can throw up all the (manipulated) charts you want but the simple fact is a roll of lousy paper towels, is close to $2 a roll, if you buy in bulk. How about frozen vegetables? In a couple years they've gone from 75cent to nearly $1.75 a box. Sure, a McDonald's "hamburger" is still the same but that is not a good indicator. How about a bag of cookies? They're almost $5 a bag! So take your government-funded bullshiat chart and shove it up your ass.

/nothing personal
 
2012-08-23 08:57:14 AM
Economy is in the crapper, another 1.1 trillion dollar deficit coming, and still the liberal morons worship the Messiah.

How bad does it have to get? Middle class is in the worst shape it has been in since WWII, and still you guys suck off Obama. Fail President is Fail.

But, good thing he spends all his time campaigning, going on ET and sticking local governments with his bills.

Sheep.
 
2012-08-23 09:03:30 AM
Inflation is running 10%+
 
2012-08-23 09:07:20 AM
How to spin "less Americans have paychecks now" into a good thing for Obummer

Less people.... are counting on their next paycheck to get by! They're now counting on their next welfare check!
 
2012-08-23 09:09:31 AM

socodog: Does this number include some of the roughly 165 million financially dependant on the government in one way or another?


So you're saying that more than half the population of the country do nothing but suck off the government teat? I'm not even going to bother asking for a citation. I'm just gonna come out and say, "Bullshiat."
 
2012-08-23 09:13:05 AM

gearsprocket: Inflation is running 10%+


Despite what you may think, it is not 1977. The most recent figures available (July 2012) show the current inflation rate at 1.41%
 
2012-08-23 09:15:43 AM

crispyone: Hilarious that as an obvious liberal you put DARPA on your list...You do realize that DARPA is 100% about US military and scientific dominance over the rest of the world? You do realize that DARPA funds research that is 100% geared towards technology killing any form of life?


What you're spewing on right now, this Internet thingy? It started life as a DARPA project.So who are you trying to kill?
 
2012-08-23 09:17:25 AM
 
2012-08-23 09:17:25 AM

Iceman_Cometh: econdly, what's missing is the big drop off in Bush's second term.


There is no second term in the graph. It's a comparison of the president over the same time frame, their first term.

Listen, if you can't read a graph, don't post how the graph should be formatted.
 
2012-08-23 09:18:10 AM

give me doughnuts: socodog: Does this number include some of the roughly 165 million financially dependant on the government in one way or another?

So you're saying that more than half the population of the country do nothing but suck off the government teat? I'm not even going to bother asking for a citation. I'm just gonna come out and say, "Bullshiat."


I'm going to go one step further and state with complete certainty that 100% of Americans are "financially dependent" on the government in one way or another.
 
2012-08-23 09:31:23 AM

Free Radical: Thunderpipes: Economy is in the crapper

Wall St poised to make four-year high


Oh boy, guess everything is fine now then.....

How is unemployment? How is the household income doing? Stock market always rebounds quickly. Besides, libs hate Wall St. Half of all tax filers pay no taxes or get money given to them. That number is increasing, they all vote for Obama and have lots of kids that follow in their footsteps.

Dumbass libs.
 
2012-08-23 09:37:47 AM

Rich Cream: You can throw up all the (manipulated) charts you want but the simple fact is


The simple fact is that the chart I just posted is fact. Don't like those facts? Then you probably need to take a few courses in math, psychology, statistics and economics.

Facts are not what your gut feels.

"How about frozen vegetables? In a couple years they've gone from 75cent to nearly $1.75 a box. Sure, a McDonald's "hamburger" is still the same but that is not a good indicator."


Yes, all the things not getting more expensive don't count, especially the bigger more expensive items. Only the few cheap things count (that are historically known to have a volatile price anyway). You truly are a master of economics!
 
2012-08-23 09:43:55 AM

Thunderpipes: How is unemployment? Improving.
How is the household income doing? Improving.
Stock market always rebounds quickly. Leading economic indicator - Improving.
Besides, libs hate Wall St. Ignorant strawman
Half of all tax filers pay no taxes or get money given to them. That was in 09, and it was only for federal income taxes. But you knew that and decided to label it as taxes in general - liar. I also bet you hypocritically think we're "taxed enough already" amirite?

*click star*
*note: lying thread shiatter*
*favorite*

 
2012-08-23 09:45:32 AM

Thunderpipes: Free Radical: Thunderpipes: Economy is in the crapper

Wall St poised to make four-year high

Oh boy, guess everything is fine now then.....

How is unemployment? How is the household income doing? Stock market always rebounds quickly. Besides, libs hate Wall St. Half of all tax filers pay no taxes or get money given to them. That number is increasing, they all vote for Obama and have lots of kids that follow in their footsteps.

Dumbass libs.


So you're admitting that "trickle-down economics" doesn't work and the policies of Reagan, Bush, and (proposed by) Romney are failures?
 
2012-08-23 09:48:23 AM

impaler: Rich Cream: You can throw up all the (manipulated) charts you want but the simple fact is

The simple fact is that the chart I just posted is fact. Don't like those facts? Then you probably need to take a few courses in math, psychology, statistics and economics.

Facts are not what your gut feels.

"How about frozen vegetables? In a couple years they've gone from 75cent to nearly $1.75 a box. Sure, a McDonald's "hamburger" is still the same but that is not a good indicator."

Yes, all the things not getting more expensive don't count, especially the bigger more expensive items. Only the few cheap things count (that are historically known to have a volatile price anyway). You truly are a master of economics!


Indeed. The volatility of food prices is controlled by the weather as much as it is the economy.
 
2012-08-23 09:51:14 AM

impaler: Yes, all the things not getting more expensive don't count, especially the bigger more expensive items. Only the few cheap things count (that are historically known to have a volatile price anyway). You truly are a master of economics!



Like what? The large manufactured items that are overstocked and priced down so they can move their inventory?

/volatile? food only seem to be going up, never down?
 
2012-08-23 09:52:29 AM

Alonjar: Wonder how many of those people no longer live paycheck to paycheck because they have adjusted to a lower standard of living.


Y'all SHOULD adjust to a lower standard of living anyway. Credit card bills? That just means you're living beyond your means already. WTF you need 4 computers for? Two televisions? An iPad for your 6 year old? Three cars?

Never you mind that the extravagance of convenience that the common US citizen is accustomed to is mind boggling. For some reason people find it worth it to pay 3-4 times as much for an item just because they can get it at a 24-hour gas station.

And y'all don't even know how to buy anything that's made well, instead settling for cheap clothing/goods that disintegrate in a few months. That's not how to invest in your own life.

/poor but debt free, self-employed, 40. Supports his local seamstress, farm, carpenter.
 
2012-08-23 09:53:51 AM

Thunderpipes: Free Radical: Thunderpipes: Economy is in the crapper

Wall St poised to make four-year high

Oh boy, guess everything is fine now then.....

How is unemployment? How is the household income doing? Stock market always rebounds quickly. Besides, libs hate Wall St. Half of all tax filers pay no taxes or get money given to them. That number is increasing, they all vote for Obama and have lots of kids that follow in their footsteps.

Dumbass libs.


Legalize abortion? Mandatory vasectomies for rapists?
 
2012-08-23 09:58:37 AM

give me doughnuts: Thunderpipes: Free Radical: Thunderpipes: Economy is in the crapper

Wall St poised to make four-year high

Oh boy, guess everything is fine now then.....

How is unemployment? How is the household income doing? Stock market always rebounds quickly. Besides, libs hate Wall St. Half of all tax filers pay no taxes or get money given to them. That number is increasing, they all vote for Obama and have lots of kids that follow in their footsteps.

Dumbass libs.

So you're admitting that "trickle-down economics" doesn't work and the policies of Reagan, Bush, and (proposed by) Romney are failures?


Quite the opposite. The rich payed more taxes as a percentage under past Presidents than they did under Bush or Obama, economy was much better.

We have a President and Congress that is gutting business and rich people and building a huge welfare state. Growth has slowed to a trickle, and the deficit keeps adding to the debt at over a trillion a year.

How can you morons think we will ever get out of this? Seriously, you expect millions of people on welfare to cause the economy to grow? Think taxing the piss out of business owners will make them hire and expand? You are dumb, liberals are dumb, you are ruining the country. Greece will look like a paradise compared to what we will become.
 
2012-08-23 10:11:55 AM

Rich Cream: Like what? The large manufactured items that are overstocked and priced down so they can move their inventory?


[citation needed]

Wait, nix that. It's not needed. If what you said is the case, and we are experiencing monetary inflation as much as you suggest, even those "priced down" prices will still rise. So why aren't they?

Farking money supply, how does it work?
 
2012-08-23 10:12:00 AM

Thunderpipes: give me doughnuts: Thunderpipes: Free Radical: Thunderpipes: Economy is in the crapper

Wall St poised to make four-year high

Oh boy, guess everything is fine now then.....

How is unemployment? How is the household income doing? Stock market always rebounds quickly. Besides, libs hate Wall St. Half of all tax filers pay no taxes or get money given to them. That number is increasing, they all vote for Obama and have lots of kids that follow in their footsteps.

Dumbass libs.

So you're admitting that "trickle-down economics" doesn't work and the policies of Reagan, Bush, and (proposed by) Romney are failures?

Quite the opposite. The rich payed more taxes as a percentage under past Presidents than they did under Bush or Obama, economy was much better.

We have a President and Congress that is gutting business and rich people and building a huge welfare state. Growth has slowed to a trickle, and the deficit keeps adding to the debt at over a trillion a year.

How can you morons think we will ever get out of this? Seriously, you expect millions of people on welfare to cause the economy to grow? Think taxing the piss out of business owners will make them hire and expand? You are dumb, liberals are dumb, you are ruining the country. Greece will look like a paradise compared to what we will become.


Taxes are at the lowest point thay have been in a half century. Greece tried using austerity measures to get out of their economic woes. No country has ever managed to get out of a recesion or depression that way. The economic stimulus plan worked, despite everything the GOPers said and did to scuttle it. We just need to do more of the same, and stop burning piles of money in Afghanistan.
 
2012-08-23 10:13:31 AM
Past presidents used to tax the rich more than Obama, and Obama is gutting rich people. You heard it here first people.
 
2012-08-23 10:17:49 AM
The Paradox of Thrift
 
2012-08-23 10:19:55 AM

Elandriel: Eagerly awaiting my chance to join this group of people. Maybe if corporate financial America remembers what a "raise" is.


No shiat! I'm tired of exceeding all my goals for the year and being told a company that does 28 billion in revenue each year doesn't have the money to give me a raise, but the top get millions as a bonus?

/Fark you General Dynamics IT!
 
2012-08-23 10:22:50 AM
They are not living paycheck to paycheck, because they don't have one.
 
2012-08-23 10:24:51 AM

impaler: Rich Cream: Like what? The large manufactured items that are overstocked and priced down so they can move their inventory?

[citation needed]

Wait, nix that. It's not needed. If what you said is the case, and we are experiencing monetary inflation as much as you suggest, even those "priced down" prices will still rise. So why aren't they?

Farking money supply, how does it work?


A glut of anything causes the price to drop (or stay the same during inflation). It's almost like the prices used for that chart are what the middlemen pay, not the end consumer. When the price of a raw material goes up so does the end cost but I never see end-user prices go down when the raw material price goes down. That's because it's an opportunity for more profit and who wouldn't take the profit instead of lowering prices?
 
2012-08-23 10:31:15 AM

Reverend Monkeypants: Y'all SHOULD adjust to a lower standard of living anyway. Credit card bills? That just means you're living beyond your means already. WTF you need 4 computers for? Two televisions? An iPad for your 6 year old? Three cars?


I would tend to agree. Household debt has exploded in the last couple of years with folks living off of credit cards and extending themselves way out of line with historical norms. We were finally able to deleverage some and reverse that overall trend when the housing bubble popped. However, that trend has stalled and is currently around the 122% level.

www.thebasispoint.com

IMO, this is the major reason that our recovery has been soft. You hear the constant harping that folks need to start spending more and that we need to give them more access to credit. I say bullshiat. We need folks to understand that the more they leverage themselves, the more they are owned by the bank. We need to continue the deleveraging trend to allow the middle and lower classes to get on thier feet an quit giving most of their paycheck to interest payment to big banks. However, this course of action is going to do no favors to the economy.

Let's face it. It is time to pay the piper.
 
2012-08-23 11:00:14 AM

HeadLever: Reverend Monkeypants: Y'all SHOULD adjust to a lower standard of living anyway. Credit card bills? That just means you're living beyond your means already. WTF you need 4 computers for? Two televisions? An iPad for your 6 year old? Three cars?

I would tend to agree. Household debt has exploded in the last couple of years with folks living off of credit cards and extending themselves way out of line with historical norms. We were finally able to deleverage some and reverse that overall trend when the housing bubble popped. However, that trend has stalled and is currently around the 122% level.

[www.thebasispoint.com image 451x346]

IMO, this is the major reason that our recovery has been soft. You hear the constant harping that folks need to start spending more and that we need to give them more access to credit. I say bullshiat. We need folks to understand that the more they leverage themselves, the more they are owned by the bank. We need to continue the deleveraging trend to allow the middle and lower classes to get on thier feet an quit giving most of their paycheck to interest payment to big banks. However, this course of action is going to do no favors to the economy.

Let's face it. It is time to pay the piper.


It would be interesting to see that graph with an at-scale overlay of total consumer debt
 
2012-08-23 11:04:11 AM

RockofAges: Somebody needs to explain to you, with simple maths, that the entire glut of entitlement spending for the poor and middle classes (even if you costed in single payer universal health care) would be dwarfed by the rape (diverted income to offshore entities and company coffers) of the public purse by the top 10%.


Not sure what you are getting at here. The 'entire glut of entitlement spending' is currently about $2 Trillion per year. The entire AGI for the top 10% (incomes of ~115K and up) for 2010 was about $3.8 Trillion.
 
2012-08-23 11:04:36 AM
The next paycheck you say...well lucky them. I tend to have to budget at least 4-6 weeks ahead...and tend to be broke a couple weeks at a time. Hell, 2 out of my last 3 paychecks were gone...I got no left over money at all out of them.


/yeah, being poor sucks
 
2012-08-23 11:06:27 AM
Found out yesterday that not only are we not living paycheck-to-paycheck, my entire income is superfluous.

Somewhere along the way, my wife became a sugar-mama.

Gonna keep working, so I can pay off my own crap, but that's a really weird revelation to receive at 8am before you've had your morning coffee.

/begin typical Fark clichés now
//*I* am still spending most of my money paying bills
 
2012-08-23 11:29:45 AM

plc5_250: It would be interesting to see that graph with an at-scale overlay of total consumer debt


Here is the total consumer debt per GDP. 

http://4.bp.blogspot.com/_HebsTgwxlY4/TB-q5eM9KPI/AAAAAAAAAQg/upJ154Q r _Uo/s1600/20100622debtgdp.png

Sorry, but I can't get the pic to post, but if you go 1/2 way down on this page you can find it.
 
2012-08-23 11:29:55 AM
oraclespeak.files.wordpress.com
 
2012-08-23 12:08:55 PM
FTFA:Nearly 60 percent of the employees surveyed said they are unwilling to stop paying for their Internet connection, regardless of their financial situation.

files-cdn.formspring.me/hot

It was kind of essential on my last job hunt. Plenty of emails, 8 hour days just filling out those annoying on-line applications where you submit your resume as a "Word Document" (.doc) and then copy and paste it bit-by-bit into places. Posting resumes on various sites, finding information on head-hunters.

If you're looking for a job at any sizable company you're going to need an internet connection. It's not so much a luxury but a basic utility, like having a phone number. That's not including that while I was unemployed I had to go online and submit all my unemployment information because they don't use paper anymore.
 
2012-08-23 12:11:22 PM

wombatsrus: Alonjar: Wonder how many of those people no longer live paycheck to paycheck because they have adjusted to a lower standard of living.

Good point - its not necessarily "Bad News" for Obama, it may just mean folks have found ways(voluntarily or involuntarily) to live below their means.

It would be interesting to see how this compares to the number of people who have increased their savings rate.


I have an anecdotal response... I sure as hell have. I've socked away about $30K in savings in the past two years. Most of it is in retirement accounts, but about 5K is cash that I can use at any moment. The last two years have been very good for me.
 
2012-08-23 12:30:39 PM

Rich Cream: impaler: Yes, all the things not getting more expensive don't count, especially the bigger more expensive items. Only the few cheap things count (that are historically known to have a volatile price anyway). You truly are a master of economics!


Like what? The large manufactured items that are overstocked and priced down so they can move their inventory?

/volatile? food only seem to be going up, never down?


False. Look at fresh green peppers for example. In January they were selling for $1.78 each at my local grocer. Today they are $0.89 each.
 
2012-08-23 12:47:55 PM

dchurch0: Rich Cream: impaler: Yes, all the things not getting more expensive don't count, especially the bigger more expensive items. Only the few cheap things count (that are historically known to have a volatile price anyway). You truly are a master of economics!


Like what? The large manufactured items that are overstocked and priced down so they can move their inventory?

/volatile? food only seem to be going up, never down?

False. Look at fresh green peppers for example. In January they were selling for $1.78 each at my local grocer. Today they are $0.89 each.


Pro tip: Seasonal vegetables are cheaper when they are in season because it is cheaper to transport them. Next January, they will be back to $1.78.
 
2012-08-23 01:04:45 PM

dchurch0: False. Look at fresh green peppers for example. In January they were selling for $1.78 each at my local grocer. Today they are $0.89 each.


I may be ignant but I ain't that ignant.


Rent Party: Pro tip: Seasonal vegetables are cheaper when they are in season because it is cheaper to transport them. Next January, they will be back to $1.78 $2.29.

 

/Pessimistin' ain't easy.
 
2012-08-23 01:06:19 PM

dchurch0: Rich Cream: impaler: Yes, all the things not getting more expensive don't count, especially the bigger more expensive items. Only the few cheap things count (that are historically known to have a volatile price anyway). You truly are a master of economics!


Like what? The large manufactured items that are overstocked and priced down so they can move their inventory?

/volatile? food only seem to be going up, never down?

False. Look at fresh green peppers for example. In January they were selling for $1.78 each at my local grocer. Today they are $0.89 each.


I wonder if that is because they are able to source regionally grown produce this time of year instead of having to get it shipped from Guatemala.
 
2012-08-23 01:17:11 PM

Rich Cream: dchurch0: False. Look at fresh green peppers for example. In January they were selling for $1.78 each at my local grocer. Today they are $0.89 each.

I may be ignant but I ain't that ignant.


Rent Party: Pro tip: Seasonal vegetables are cheaper when they are in season because it is cheaper to transport them. Next January, they will be back to $1.78 $2.29. 

/Pessimistin' ain't easy.


You said food prices never went down. You were wrong. You are correct that they will rise again in the future, but then they will go back down again a bit farther into the future. I'm just pointing out that food prices are volatile, and that the prices do drop occasionally if there is increased supply, or things are in season.
 
2012-08-23 01:18:33 PM
When you get rid of people's paychecks, they stop living paycheck to paycheck.
 
2012-08-23 01:24:53 PM

dchurch0: Rich Cream: dchurch0: False. Look at fresh green peppers for example. In January they were selling for $1.78 each at my local grocer. Today they are $0.89 each.

I may be ignant but I ain't that ignant.


Rent Party: Pro tip: Seasonal vegetables are cheaper when they are in season because it is cheaper to transport them. Next January, they will be back to $1.78 $2.29. 

/Pessimistin' ain't easy.

You said food prices never went down. You were wrong. You are correct that they will rise again in the future, but then they will go back down again a bit farther into the future. I'm just pointing out that food prices are volatile, and that the prices do drop occasionally if there is increased supply, or things are in season.


You look at life in quarterly statements and I see it in decades. If prices didn't continually rise, then things like COLAs wouldn't exist.

Peppers? Really? Point me to a corporate foodstuff and not something affected by seasons and local free market competition.
 
2012-08-23 01:39:25 PM

Rich Cream:
You can throw up all the (manipulated) charts you want but the simple fact is a roll of lousy paper towels, is close to $2 a roll, if you buy in bulk. How about frozen vegetables? In a couple years they've gone from 75cent to nearly $1.75 a box. Sure, a McDonald's "hamburger" is still the same but that is not a good indicator. How about a bag of cookies? They're almost $5 a bag! So take your government-funded bullshiat chart and shove it up your ass.

/nothing personal


You just suck at shopping if you're paying those prices. 8 pack of Scott select-a-size $6.99 on sale last time I bought some. Frozen veggies? Wait until they're buy-one-get-one. I see this constantly between my local store, Stop & Shop, A&P, Big Y, Shoprite, etc. Seems to me that your problem is not paying attention to sale items and taking advantage of them. Oh yeah, $5 for cookies? Shop sales or don't buy them. You're just throwing money away because you're not spending 10 minutes to look at weekly sales. BTW, I live in SW CT so it's not like I live someplace with a low cost of living either. 

/your anecdote sucked
//nothing personal
 
2012-08-23 01:40:29 PM

Rich Cream: Peppers? Really? Point me to a corporate foodstuff and not something affected by seasons and local free market competition.


Milk. It was $2.49 a gallon here, then it (fairly quickly) went up to $2.99, and now it's back down to $2.49 and stable at that price for months. It even goes on sale sometimes.
 
2012-08-23 01:40:36 PM

Prevailing Wind: MrHelpful: There's a lot of bad news headed Obama's way. Hope he kept up on his community organizer network - he's gonna need a job soon. Or he could just write a bunch of made up books - there's plenty of suckers out there who'll buy them.

[us10.memecdn.com image 500x387]


There's an excellent chance Obama's going to lose in November and he knows it which is why he's running scared. And it's clear his books have made up stories about old girlfriends and where he was born. Unless you want to admit he was born in Kenya at which point the birthers would like to have a word with you.

Why am I a troll for pointing that out?
 
2012-08-23 02:50:04 PM

Rich Cream: dchurch0: Rich Cream: dchurch0: False. Look at fresh green peppers for example. In January they were selling for $1.78 each at my local grocer. Today they are $0.89 each.

I may be ignant but I ain't that ignant.


Rent Party: Pro tip: Seasonal vegetables are cheaper when they are in season because it is cheaper to transport them. Next January, they will be back to $1.78 $2.29. 

/Pessimistin' ain't easy.

You said food prices never went down. You were wrong. You are correct that they will rise again in the future, but then they will go back down again a bit farther into the future. I'm just pointing out that food prices are volatile, and that the prices do drop occasionally if there is increased supply, or things are in season.

You look at life in quarterly statements and I see it in decades. If prices didn't continually rise, then things like COLAs wouldn't exist.

Peppers? Really? Point me to a corporate foodstuff and not something affected by seasons and local free market competition.


I actually work for a corporation that sells food (dry beans) and our prices fluctuate all the time. Up and down, sometimes both in one day. We sell wholesale to large food service companies like ConAgra, large canning companies like Bush, and we also sell dry beans with our own label on store shelves... so I think I know what I'm talking about regarding volatility.

I am not saying your comments regarding rising prices over a span of decades is wrong. You are absolutely right. But I would ask you if the rise of food prices overall during that timeframe has outpaced overall inflation, when averaged out over the same timeframe.
 
2012-08-23 03:04:19 PM
I'll admit I don't know this field well and I didn't want to get hooked into focusing just on foods; I was just saying the overall cost of living goes up regardless of that chart posted earlier which states otherwise.

Which now that I look at it again I see it is a yearly per cent change and not the actual cost increase. That belies the fact that 2% of what is 10% more now is not comparable to the previous amount increase of a lesser amount.

But Ok, inflation is down but that doesn't mean it's not there either.
 
2012-08-23 03:05:20 PM

JohnTuttle: Milk


I do believe milk is under strict government price controls. Or whatever twunt term they have for it.
 
2012-08-23 03:47:15 PM

StopLurkListen: impaler: List of business failures.

2009.

Woohoo! The company I worked at is in there! Of course, I was laid off in 2003, and in my division it was one of those "you people go in that conference room, the rest of you go over there" and you knew it was bad, and you started sizing up those around you and tried to guess if you were in the "canned" group. Surprise! EVERYONE IN THE DIVISION GOT CANNED!

That was my first FARK experience, getting into an argument with somebody on FARK over the Iraq War and he threatened to "out" me to my company IT via some IP tracing witchery. HAHAHA GOOD LUCK I'M BEHIND A FRENCH DOMAIN I'm sure "Pierre" over in corporate IT in Paris or where ever will give a merde.

//Before you ask, yes this account is newer than that; no I'm not using an alt, I lost my original username and password and my interest in FARK for about 5 years somewhere in the middle


Sorry to go off-topic, but wasn't that a big thread quite a while back? I think I remember some discussion about this scenario. Perhaps not you, but definitely sometime way in the past. Same as you, this is NOT my original name...I lost that quite a while ago as well.
 
2012-08-23 04:03:29 PM
The U6 when Bush left office - 14.2%

U6 today - 15.0%

U6 when Bush took office - 7.3%

U6 July 2004 - 9.5%
 
2012-08-23 04:22:08 PM
OK, I've spent over an hour reading all of the posts here. Here is what i call a synopsis of these posts:

The Republican/Conservative leaning comments seem to have more of the name-calling rhetoric. They also seem to make substantially more "factual" statements without quoting their sources.

The Democratic/Liberal leaning comments seem to have less name-calling and more fact quoting, with their sources named.

No, I am not a Democrat or a Liberal. I am one of those Independants who will decide who will be the next President of the United States.
 
2012-08-23 04:23:23 PM
OK, I've spent over an hour reading all of the posts here. Here is what I call a synopsis of these posts:

The Republican/Conservative leaning comments seem to have more of the name-calling rhetoric. They also seem to make substantially more "factual" statements without quoting their sources.

The Democratic/Liberal leaning comments seem to have less name-calling and more fact quoting, with their sources named.

No, I am not a Democrat or a Liberal. I am one of those Independants who will decide who will be the next President of the United States.
 
2012-08-23 04:38:22 PM
It seems I hear an echo...

My apologies
 
2012-08-23 05:04:08 PM

Pray 4 Mojo: It's prolly 'cause nobody has a mortgage to pay anymore.


And waiting for the EBT deposit on the 1st and 15th doesn't count as living paycheck to paycheck.

blog.libertyclips.com
 
2012-08-23 07:26:03 PM
2008: 100 people make 80k

2012: 25 people make 85k
 
2012-08-24 03:43:42 AM

nmemkha: 2008: 100 people make 80k

2012: 25 people make 85k


And these numbers come from...?
 
2012-08-24 08:45:42 AM

Hair of the Dog: OK, I've spent over an hour reading all of the posts here. Here is what i call a synopsis of these posts:

The Republican/Conservative leaning comments seem to have more of the name-calling rhetoric. They also seem to make substantially more "factual" statements without quoting their sources.

The Democratic/Liberal leaning comments seem to have less name-calling and more fact quoting, with their sources named.

No, I am not a Democrat or a Liberal. I am one of those Independants who will decide who will be the next President of the United States.


DINGDINGDINGDINGDING
WE HAVE A THREAD WINNAR!!!!
 
2012-08-24 11:23:54 AM

crispyone: OgreMagi: impaler: Malév Hungarian Airlines

I'm sure this isn't the only foreign company on your list, which is not our farking problem!

In the original posters defense "Malev Hungarian Airlines" probably received tax payer money from Obama. Dig deeper and I'd bet you find that George Soros


DRINK!

invested in Malev Hungarian Airlines about 2 weeks before Obama gave them tax payer money....kinda like he invested in Brazilian oil right before Obama gave them tax payer money.

5 seconds per Googling * 10 million claims pulled out of some wingnut's ass == more seconds than there are in a year.

In other words: Citation needed.
 
2012-08-24 11:48:49 AM

Thunderpipes: Half of all tax filers pay no taxes


So tax the living schitt out of anybody making less than 150% of minimum wage, right?

or get money given to them.

So get the welfare queens off the government teat. Start with Northrup Grumman and then continue to Monsanto and Archer Daniels Midland.

That means NO FARKING WAR WITH IRAN, do you understand?

/"Pro-life" my ass.
 
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