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(The Atlantic)   Subby is 39 and this is his 3rd recession and/or depression. Why should he be excited about "getting back to normal" when normal is unpredictable yet somehow regular kicks to the nuts?   (theatlantic.com) divider line
    More: Interesting, Great Depression, Late-2000s recession, Business cycle, Financial crisis of 2007-2010, Unemployment, Recession, Great Recession, young people  
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1266 clicks; posted to Politics » on 15 Apr 2020 at 1:37 PM (23 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2020-04-15 1:05:38 PM  
Normally, normal is abnormal.
 
2020-04-15 1:08:04 PM  
36, same.

Wages have been the same my whole life.
No matter how hard I work, no matter how many hours, it's still just break even at best.

I'm straight up not having a good time.
 
2020-04-15 1:08:52 PM  
Because when the next one rolls around you can sit back and laugh as you watch all "younguns" and first-timers overreact.

/Like we did during our first three.
 
2020-04-15 1:09:07 PM  
There is no normal, only Zuul.
 
2020-04-15 1:12:36 PM  

theguyyousaw: Wages have been the same my whole life.


Reagan started the trickle down economy and all the gains have gone to the 1% ever since.  For 40 years we've given tax cuts to the wealthy and cut everyone else's benefits.  Bribery of public officials is now widespread, pervasive, and perfectly legal, thanks to the Roberts court.
Things could get exciting if this keeps up.
 
2020-04-15 1:16:08 PM  
You  could take up a hobby, like building guillotines.
 
2020-04-15 1:17:07 PM  
Really?  I haven't felt normal since the Soviets shot down that Korean airliner.
 
2020-04-15 1:24:37 PM  
You think you have it rough, just be glad you aren't Jenny and Hank.
 
2020-04-15 1:24:50 PM  
Recessions are fairly common. We've probably gone through a dozen or so since I was born. Most people don't even notice when they happen.

Recessions of this magnitude, however, are supposed to be very, very rare.

But this is what happens when you start tearing away at the regulatory environment. You start bringing back the old boom and bust cycles of the 19th and early 20th centuries.
 
2020-04-15 1:26:49 PM  
Because "normal" means that 16 million Americans won't be looking for jobs?

But go ahead and be selfish subby, it's all about you, no more mean recessions for you, and the world will keep on spinning on its axis, right?
 
2020-04-15 1:27:16 PM  
I remember when we used to make fun of Republicans for longing for a past that never existed. Now the Democrats are on board with that.

Just like, I remember when we used to make fun of Republicans for being against climate change because they didn't want to hurt industry. Just like we used to make fun of Republicans for defending rapists. Just like we used to make fun of Republicans for being pro-war.

The new normal is Democrats who are almost exactly like the Republicans we grew up despising. Yaaaaaaaaaay.
 
2020-04-15 1:37:43 PM  
You should become a billionaire, then you would get all kinds of help.
 
2020-04-15 1:38:40 PM  

Shostie: Recessions are fairly common. We've probably gone through a dozen or so since I was born. Most people don't even notice when they happen.

Recessions of this magnitude, however, are supposed to be very, very rare.

But this is what happens when you start tearing away at the regulatory environment. You start bringing back the old boom and bust cycles of the 19th and early 20th centuries.


Traders and ultra-wealthy relish the boom-bust cycle, because they have the means and access to take significant advantage of it.

The rest of us think it sucks because we really don't like playing the "worry about whether you'll have your job next week" game for 40+ years.
 
2020-04-15 1:38:59 PM  

AdmirableSnackbar: The new normal is Democrats who are almost exactly like the Republicans we grew up despising. Yaaaaaaaaaay.


It turns out the "Third Way" was the first way after all.
 
2020-04-15 1:39:26 PM  

AdmirableSnackbar: I remember when we used to make fun of Republicans for longing for a past that never existed. Now the Democrats are on board with that.

Just like, I remember when we used to make fun of Republicans for being against climate change because they didn't want to hurt industry. Just like we used to make fun of Republicans for defending rapists. Just like we used to make fun of Republicans for being pro-war.

The new normal is Democrats who are almost exactly like the Republicans we grew up despising. Yaaaaaaaaaay.


BSAB!
BSAB!
BSAB!
BSAB!
BSAB!
BSAB!
BSAB!
BSAB!
BSAB!
BSAB!


HOORAY!!!!
 
2020-04-15 1:39:28 PM  

theguyyousaw: 36, same.

Wages have been the same my whole life.
No matter how hard I work, no matter how many hours, it's still just break even at best.

I'm straight up not having a good time.


Look, if you didn't want to be poor, you should have committed embezzlement, accounting fraud, money laundering, and bought off some politicians last time.
 
2020-04-15 1:39:52 PM  
Pretty much what I've been saying. It's not enough to just get Trump out of office. Closing the internment camps is crucial, but it doesn't stop there. Those things are symptoms of a sick society, and we need to start looking deeper at the roots of those problems.
 
2020-04-15 1:40:13 PM  

AdmirableSnackbar: I remember when we used to make fun of Republicans for longing for a past that never existed. Now the Democrats are on board with that.

Just like, I remember when we used to make fun of Republicans for being against climate change because they didn't want to hurt industry. Just like we used to make fun of Republicans for defending rapists. Just like we used to make fun of Republicans for being pro-war.

The new normal is Democrats who are almost exactly like the Republicans we grew up despising. Yaaaaaaaaaay.


What in the ever loving h*ll are you talking about?
 
2020-04-15 1:40:49 PM  
It depends on if you would rather be repeatedly kicked in the balls or go through having them removed.


I think most people value their balls in spite of temporary concussive force.
 
2020-04-15 1:40:58 PM  
Because normal with stagnant wages is better than stagnant wages and cant go outside without dying, you dimwit.
 
2020-04-15 1:41:02 PM  
That book, the Uninhabitable Earth?  It argues there will be no 'new normal'  Just an increasing series of farking disasters.

Drought? Fires?  Hurricanes?   A different pandemic?  Who knows.  But shiat is never going to calm down from here on out.
 
2020-04-15 1:41:04 PM  
39? You darn Millennials, just get a second job working weekends!
Now the 80's and 70's - those were tough times! Kids today don't know how good you've got it!
 
2020-04-15 1:41:20 PM  
Isn't that a fairly standard number of recessions within any given 40-year period
 
2020-04-15 1:41:37 PM  
You can't control everything that happens, but you can almost always control your reaction to it.

If you want to eliminate luck, play chess.

Yeah, I read The Subtle Art of Not Giving a F**k.
 
2020-04-15 1:42:00 PM  

AdmirableSnackbar: I remember when we used to make fun of Republicans for longing for a past that never existed. Now the Democrats are on board with that.

Just like, I remember when we used to make fun of Republicans for being against climate change because they didn't want to hurt industry. Just like we used to make fun of Republicans for defending rapists. Just like we used to make fun of Republicans for being pro-war.

The new normal is Democrats who are almost exactly like the Republicans we grew up despising. Yaaaaaaaaaay.


Somebody's still butthurt that Bernie got curbstomped twice.
 
2020-04-15 1:42:04 PM  
Normal: Hold my nose and vote for Biden like I did for Clinton, then spend the next 4 years getting shiat on by centrist dems because they lost and it's somehow my fault for being a Sanders supporter.
 
2020-04-15 1:42:05 PM  

BumpInTheNight: You  could take up a hobby, like building guillotines.


Fark user imageView Full Size

Well I'll be damned, guess EXACTLY how much money showed up in my account today?
Huh.
 
2020-04-15 1:42:55 PM  

Mikey1969: Because "normal" means that 16 million Americans won't be looking for jobs?

But go ahead and be selfish subby, it's all about you, no more mean recessions for you, and the world will keep on spinning on its axis, right?


This from the guy who insists on shopping together with his wife when he goes to the grocery store.
 
2020-04-15 1:43:52 PM  

Epic Fap Session: You can't control everything that happens, but you can almost always control your reaction to it.

If you want to eliminate luck, play chess.

Yeah, I read The Subtle Art of Not Giving a F**k.


You know, I used to think it was awful that life was so unfair. Then I thought, wouldn't it be much worse if life were fair, and all the terrible things that happen to us come because we actually deserve them? So, now I take great comfort in the general hostility and unfairness of the universe.
Marcus Cole, Babylon 5

 
2020-04-15 1:44:12 PM  

MattytheMouse: Pretty much what I've been saying. It's not enough to just get Trump out of office. Closing the internment camps is crucial, but it doesn't stop there. Those things are symptoms of a sick society, and we need to start looking deeper at the roots of those problems.


The roots of the problem are manifold, but one of the biggest ones is simply this:

People are willing to suffer to see someone else suffer more.

That's why I keep making the statement: America would have a socialist welfare state that puts Sweden and Norway to shame, if it weren't for all the ethnic minorities that demand to have a piece as well.

Just like how the Boll Weevils continually sabotaged the growing New Deal Coalition out of a refusal to see Blacks as wholly enfranchised and part of the full panoply of America. So it will go until either we get over ourselves or we have another bloodletting.
 
2020-04-15 1:44:41 PM  
There were 3 recessions in the 1950s. Frequent recessions are the product of Republican rule.
 
2020-04-15 1:45:18 PM  
Fitty nine and the one in the 80's was the big one, let me tell you.  Fresh out of the Army, looking for a career at the TV factory.  Didn't have no internet or facy book.  You went to the business, asked nicely for a job application and got laughed at by the hiring hag. "We don't got no jobs for you" they yell and laugh.  I gots a job as a courier delivering bank stuff to banks and savings and loan stuff to the S&Ls.  let me tell you, never mix the twain, you know?  Troubles.  Just troubles.  Well, sir.  One day in 19 and 84, I pass that TV factory and everyone is out on the road and there's a lock on the gate.  No one looks happy.  Maybe the hiring hag was crying.  I dunno.  I drives on in to town and the talk is that the TV factory shut down and didn't warn nobody.  They all out of a job.  Wow, I think.  There goes my career in the TV factory.  Guess this 70 hour / $125 a week job is better than nothing.
 
2020-04-15 1:45:40 PM  
3rd?

There have been 6 since 1980

Fark user imageView Full Size
 
2020-04-15 1:46:21 PM  

Chewb1zz: AdmirableSnackbar: I remember when we used to make fun of Republicans for longing for a past that never existed. Now the Democrats are on board with that.

Just like, I remember when we used to make fun of Republicans for being against climate change because they didn't want to hurt industry. Just like we used to make fun of Republicans for defending rapists. Just like we used to make fun of Republicans for being pro-war.

The new normal is Democrats who are almost exactly like the Republicans we grew up despising. Yaaaaaaaaaay.

What in the ever loving h*ll are you talking about?


Have you not met the Snackbar?  His/her schtick is that everything that the Democrats have ever done is exactly the same as the Republicans.  I mean, I hope it's a schtick because otherwise it would just be pathetic.
 
2020-04-15 1:46:38 PM  
Third? Are we ignoring the dotcom bust or the S&L crisis?
https://en.wikipedia.org/wiki/List_of​_​recessions_in_the_United_States
 
2020-04-15 1:46:40 PM  

meat0918: 3rd?

There have been 6 since 1980

[Fark user image image 850x444]


The moral of the story seems to don't vote for Republicans.
 
2020-04-15 1:46:40 PM  
Have you given any thought to learning how to code?
 
2020-04-15 1:46:43 PM  
It's not unpredictable at all. It's very predictable. It happens every time a Republican ends up in the Whitehouse.
 
2020-04-15 1:47:52 PM  
I just got back from a moderate Democrat rally. It was a blast, I tell you what. Thousands of people all chanting "we can't have nice things," and "not dying is good enough!" It was a lot more lively than the progressive rally, where nobody showed up.
 
2020-04-15 1:48:05 PM  

StaleCoffee: Normal: Hold my nose and vote for Biden like I did for Clinton, then spend the next 4 years getting shiat on by centrist dems because they lost and it's somehow my fault for being a Sanders supporter.


If you spend the next six months complaining about Biden and making excuses for people to not vote against Trump you might get tagged with some responsibility. Shocking, I know.
 
2020-04-15 1:48:08 PM  

Shostie: Recessions are fairly common. We've probably gone through a dozen or so since I was born. Most people don't even notice when they happen.

Recessions of this magnitude, however, are supposed to be very, very rare.

But this is what happens when you start tearing away at the regulatory environment. You start bringing back the old boom and bust cycles of the 19th and early 20th centuries.


There was a video back in 2008/2009, I think, of either Robert Reich or Warren explaining how we used to go through boom and bust cycles that were incredibly regular and always devastating our economy every 20 years ago from before the civil war until the great depression, because we refused to actually regulate business and the banking sector.

When the depression rolled in, we passed Glass-Stegal and the cycle was halted until the 80s when we went on the deregulation push. We've had a cyclical boom bust cycle since.

/The moral of the story is that we *need* regulation
//Anyone who tells you otherwise is either trying to screw ya or milk you of your hard earned cash
///We need universal basic income, and give us the Freedom from Need FDR championed
 
2020-04-15 1:48:24 PM  
I'm 60.
I've seen many bad days, yet I am always excited for a better day to follow.
Any day, or any moment that is not bad, is good to me.
 
2020-04-15 1:48:34 PM  

meat0918: 3rd?

There have been 6 since 1980

[Fark user image 850x444]


Shakes tiny fist.
 
2020-04-15 1:49:23 PM  

AdmirableSnackbar: The new normal is Democrats who are almost exactly like the Republicans we grew up despising. Yaaaaaaaaaay.


66.media.tumblr.comView Full Size
 
2020-04-15 1:49:39 PM  
Well young man, it's about you time you learned the only constant is flux.
 
2020-04-15 1:49:55 PM  

MattytheMouse: I just got back from a moderate Democrat rally. It was a blast, I tell you what. Thousands of people all chanting "we can't have nice things," and "not dying is good enough!" It was a lot more lively than the progressive rally, where nobody showed up.


Alright, even I have to admit that was a pretty good dig at both sides.

Well done.
 
2020-04-15 1:50:11 PM  

meat0918: 3rd?

There have been 6 since 1980

[Fark user image 850x444]


The difference is that the first three, people recovered from more or less equally. The last three, only the wealthy or those who had the opportunity to build up a nest egg came out even.

I graduated college in 2002. People who graduated two years before me in my major were getting 5-digit signing bonuses for their first job and high salaries. By the time I graduated, after the recession and 9/11 and all that, we got shiat and haven't had much opportunity at a foothold since, because we had the 2007/8 crash...and now this.
 
2020-04-15 1:50:12 PM  
The effects of such boom or bust economic cycles is what the social safety net is designed to smooth out.  The Great Depression triggered it but many alive then also remembered the Depression of 1893 and the Panic of 1907. Finally figured that enough was enough. What we need to do today is strengthen that safety net, not erode it.
 
2020-04-15 1:50:29 PM  

Chewb1zz: AdmirableSnackbar: I remember when we used to make fun of Republicans for longing for a past that never existed. Now the Democrats are on board with that.
Just like, I remember when we used to make fun of Republicans for being against climate change because they didn't want to hurt industry. Just like we used to make fun of Republicans for defending rapists. Just like we used to make fun of Republicans for being pro-war.
The new normal is Democrats who are almost exactly like the Republicans we grew up despising. Yaaaaaaaaaay.
What in the ever loving h*ll are you talking about?


Yeah, remember these immortal words?  "I hope I die before I get old."  "Don't trust anyone over 30."

You know said those things?  BOOMERS.  And you're all exactly like them--full of piss and vinegar about how you're going to change the world, through more better capitalism, which your generation will use only for good, but everyone will have everything they need.
HAHAHAHAHAHAHA
 
2020-04-15 1:51:45 PM  

VanillaEnvelope: AdmirableSnackbar: I remember when we used to make fun of Republicans for longing for a past that never existed. Now the Democrats are on board with that.

Just like, I remember when we used to make fun of Republicans for being against climate change because they didn't want to hurt industry. Just like we used to make fun of Republicans for defending rapists. Just like we used to make fun of Republicans for being pro-war.

The new normal is Democrats who are almost exactly like the Republicans we grew up despising. Yaaaaaaaaaay.

Somebody's still butthurt that Bernie got curbstomped twice.


Yeah, and look what happened the first time. Hillary didn't win. But be glad you can smile at people being "butthurt" instead of listening to them point out that you still lost the election. Hell, when the Democrats went into the 2010 midterms claiming President Obama was a non-person in their eyes because they were trying to coddle Republican voters, they lost the Senate. Following the Republicans to the right isn't a winning strategy and you should start going with left wing policies that a majority of Americans want.
 
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