2016 Postmortem
Related: About this forumSomeone here said "The economy isn't that bad!"
Compared to what? Syria?
Sure sucks for most of US!
Jobs offshored, factories closed, H1B lunacy
stagnant wages, crushing debt, ridiculous rental prices
Do I really need to go on?
Scootaloo
(25,699 posts)For the car elevator class.
MeNMyVolt
(1,095 posts)If we had a Dem congress, it would be a lot better.
Human101948
(3,457 posts)We should refrain from telling people how everything sucks and talk about how Dems can improve their situation--unless they happen to be in that one tenth of one percent.
ForgoTheConsequence
(5,186 posts)1 in 5 Americans lives in or on the brink of poverty. Pretending everything is sunshine and rainbows while so many are going hungry or struggling to pay rent isn't what "dems" should be doing and quite frankly it's offensive to those who are struggling.
PatrynXX
(5,668 posts)ie it's so bad (depression is a disability , they canceled my school loans. course my credit is shot) which is like saying how's your depression. I'm never getting out of it
stupid tea party
sonofspy777
(360 posts)Unemployed for over a year. Went to a good school. Noone will hire me even at $8/hr
Behind on rent and bills. Can't pay to fix my car. It's illegal to drive now.
Sorry, just got angry when someone still making it, acted as if things were fine, because
they themselves were OK. I have friends working 3 jobs and still not making it, and not sleeping nights
and I can't help myself let alone them.
Things are NOT fine.
Thanks for asking.
840high
(17,196 posts)When the market crashed I lost my whole IRA. The economy is not good.
StrongBad
(2,100 posts)Human101948
(3,457 posts)I believe that we should have guaranteed basic income for every citizen.
I know it seems like a pipe dream but that's what I believe.
whathehell
(30,468 posts)I'm a few years older than you and haven't even looked for a job for awhile,
although I recall my last couple attempts about ten years ago being looked askance
at by the 20 somethings in human resources.
Lucky for me, I've got a spouse making a nice salary, although he'll be retiring in a couple of years.
Why do you think you can't get a job, even a crappy $8 an hour one? -- Do you think it's
age discrimination?...A scarcity of jobs? I'm sensing it might be the former and it so pisses me off! Sixty two is NOT old!
Can I ask where you live?
I'm rooting for you, wherever it is, seriously.
gwheezie
(3,580 posts)He had no help from the GOP. I don't know what Hillary or Bernie will be able to do if we don't give them a dem Congress.
Yes. Obama did the impossible, he reversed Bush's debacle.
PeteSelman
(1,508 posts)Construction is going through the roof across the country. Feels like a pretty good economy to me right now after the horrors of 2009-2014.
passiveporcupine
(8,175 posts)I guess having a Middle Class isn't all that important to the wealthy &
their mindless minions.
PeteSelman
(1,508 posts)One of the last vestiges of the middle class are the union trades. Once we go, it's all over.
99th_Monkey
(19,326 posts)I guess having a Middle Class isn't all that important to the wealthy &
their mindless minions.
Wellstone ruled
(34,661 posts)Austerity has to go,enough of the Bull Crap. Yes,some are okay,but they are the few,the many have been caring the load with zero growth in their financial needs. We need to do better. Remember this,the Rethugs have only one goal and that is a Fascist State with zero tolerance for decent.
brooklynite
(96,882 posts)...but when you say MOST, I think you're going counter to reality.
The stores I visit aren't empty; neither are the restaurants (and no, I don't go to 4-star places). People are lining up to go to the movies. Cars, which are NOT all used clunkers, are filling the roads and the gas stations, and the airplane flights are full.
I'm not denying that things could be better, but I don't buy into the "peasants storming the castle" scenario that some people envision.
ish of the hammer
(444 posts)poors have 60 in TV's!
Jackilope
(819 posts)Has expanded and now has two sites.
As a nation, in public schools we've got 51% of kids on free or reduced lunch.
https://www.washingtonpost.com/local/education/majority-of-us-public-school-students-are-in-poverty/2015/01/15/df7171d0-9ce9-11e4-a7ee-526210d665b4_story.html
John Edwards was not husband of the year, but he was spot on regarding the 2 Americas.
tazkcmo
(7,419 posts)SammyWinstonJack
(44,316 posts)brooklynite
(96,882 posts)If it makes you feel better to think so...
kath
(10,565 posts)Just FYI.
Tanuki
(16,446 posts)Sorry. Carry on.
passiveporcupine
(8,175 posts)but with credit.
Our credit scores are horrible and most people don't even have $1000 in savings
Twenty-eight percent of Americans have nothing in their savings accounts and another 21 percent don't even have a savings account, according to a new survey from GOBankingRates.
The rate comparison website surveyed 5,000 people and found just 29 percent of them had $1,000 or more in savings account.
http://www.cnbc.com/2015/10/06/nearly-half-of-americans-have-no-savings-survey.html
And this doesn't even mention how much they owe on mortgage/car/school/credit cards. People don't want to, nor know how to downsize as their situation gets worse every year.
onecaliberal
(36,594 posts)next meal will come from. But I guess if that's not you, it's not worth caring about.
Donald Ian Rankin
(13,598 posts)cheapdate
(3,811 posts)We're getting work from companies who are spending money on capital projects. We've hired 5 new people this year (our total number of people is around 30.)
Direct and indirect spending by the government on renewable and alternative energy technologies was extremely important to our company's recovery after the Great Recession (2007-2009.) We did major projects for Mitsubishi Chemical Ionic Solutions (lithium ion plant, Memphis, TN), Nissan North America (LEAF battery plant, Smryna, TN), Graftech (materials for PV cells, Columbia, TN), etc.
This year, we have new jobs with Tesla Motors (battery plant) and Cormetech, who makes impregnated ceramics used to reduce pollution in power plants.
The Democratic administration of Barack Obama did not reverse the long-term trends of the past 30 years; globalization, worsening distribution of the nation's wealth, etc. Barack Obama did not radically remake the capitalist economy of the United States. That was never his intention. But we're in better shape than we'd be without him.
NoMoreRepugs
(12,076 posts)since BHO took office have been in the private sector??
So is capitalism the culprit? just asking.....
Zynx
(21,328 posts)MisterP
(23,730 posts)TygrBright
(21,362 posts)Imagine if McCain had won in 2008. Or Der Mittster in 2012.
Could it be better?
Hell yeah, but to achieve that we'd need a Dem Congress with the fear of Revolution under their seat cushions.
However, I'm glad it's not the economy we'd have if the White House had gone to the GOP in either of the last two General Elections.
appreciatively,
Bright
Mr.Bill
(24,906 posts)the only industry seeing an increase in business would be the company who makes body bags.
Dont call me Shirley
(10,998 posts)repairs, furnace/ac, kids braces, dental work, glasses, kids college, new sofa to replace our worn out one, replacement windows for our old leaky ones, retirement, large medical bills, and on and on and on. These are necessities.
I don't even think about extra things like a vacation to somewhere, massages, new rugs, a clothes shopping spree, a large screen tv, landscaping. I HATE Reaganomics, I HATE the "New Economy", I HATE the economic reality that so many of us live. Fuck the oligarchs and their fucking greedy psychopathic ways, fuck them all!!!!!!!!!
canoeist52
(2,282 posts)Dont call me Shirley
(10,998 posts)These are making cost of real living look like it's not rising. Since bush took, literally, office groceries, including cleaning supplies, toiletries and other necessities have tripled and not gone down. Water in my community has tripled.
whathehell
(30,468 posts)Necessary things like medical costs haven't gone down, although the Affordable Care Act has helped.
Dont call me Shirley
(10,998 posts)whathehell
(30,468 posts)He's the best...I learn so much from him.
Jackilope
(819 posts)Thank you sonofspy777 for addressing it.
2009 was awful when my husband was laid off. It took until this year for him to finally get back to a job he was trained for and salary is still under what it was in 2009. We feel extremely lucky. Many firms hire young interns instead. I can't even begin to imagine how many people laid off our age are scraping by and underemployed -- if even hired with ageism as an issue. Lots of places hire on "consultants" so they don't have to pay insurance, etc. one can look at the "temp"-ing of America at areas like adjunct instructors at colleges/universities.
Two men where I work were in skilled labor, but after being laid off and no options went into janitorial. If not keeping up with software and practices in the original profession, it is difficult to ever go back.
SmittynMo
(3,544 posts)is all but gone. It's in the shitter big time. Yeah, more jobs were created over the past 7 years, but wages are down, and many, many people need 2-3 jobs just to keep up. No one is getting ahead anymore.
Wake up people. We are quickly becoming an oligarch society. Are you going to do something to change it? I am doing it on a daily basis, supporting the only person that gives a shit.
Does anyone need to buy a vowel here?
padfun
(1,897 posts)But then, I do live in a Democratic state (California) and work for a socialist organization. (State of Calif)
Maybe the key is to live in a Democratic Socialist economy.
brentspeak
(18,290 posts)mmonk
(52,589 posts)good thanks to low paying jobs and part time employment. It's called lies, damn lies, and statistics.
elmac
(4,642 posts)Lots of low pay jobs where you are treated like dirt but I guess that is what we call success these days.
JoePhilly
(27,787 posts)But I get it.
Obama was supposed to clean up in 8 years, a mess 30+ years in the making.
MohRokTah
(15,429 posts)The far left doesn't want people to realize that, though.
ForgoTheConsequence
(5,186 posts)This is by far the dumbest thread of the day, possibly the week.
Dont call me Shirley
(10,998 posts)Democratic Party does NOT GET that the economy has been shit and getting worse for the MAJORITY of Americans; is what the far left gets. While the RW rich dlc and gop don't want their Bacchanal extravaganza spoiled by facts of reality.
whatthehey
(3,660 posts)are seamless perfect conspiracies to lie to us, perpetrated by thousands upon thousands of individual government workers of all political persuasions?
Because that's what it woiuld have to be, since these sources show fairly steady improvement in jobs, wages, hours etc over the last 6 years to levels slightly above historical averages.
Bonus points if you can demonstrate the ability, rare in these parts, to distinguish between "improvement...slightly above historical averages", which I said, and "everything is perfect for every single individual, yea it is a veritable land of milk and honey", which I didn't, but is often the assumed only alternative to DU doomer everybody other than the 1% is in the shitter opinions.
Dont call me Shirley
(10,998 posts)"Between 2009-2012, according to updated data from Emmanuel Saez, overall income per family grew 6.9 percent. The gains werent shared evenly, however. The top 1 percent saw their real income grow by 34.7 percent while the bottom 99 percent only saw a 0.8 percent gain, meaning that the 1 percent captured 91 percent of all real income.
Adjusting for inflation and excluding anything made from capital gains investments like stocks, however, shows that even that small gains for all but the richest disappears. According to Justin Wolfers, adjusted average income for the 1 percent without capital gains rose from $871,100 to $968,000 in that time period. For everyone else, average income actually fell from $44,000 to $43,900. Calculated this way, the 1 percent has captured all of the income gains.
Saezs new data show that income for the 1 percent did actually decrease somewhat in 2013 as compared to 2012: its share of income fell from 22.8 percent to 20.1 percent. And total income dropped 14.9 percent while income for the bottom 99 percent of earners saw a very small 0.2 percent increase nearly stagnant. Yet the 1 percents drop is not likely due to misfortune, but to taxes. In 2013, there were increases of about 6.5 percentage points in the top labor income tax rate and 9.5 percentage points for capital income, so the richest likely shifted their money around to avoid paying more. That would inflate their 2012 income figures and depress the 2013 ones, but they will likely rebound this year. And even so, the top 1 percent still got 20 percent of income in 2013, more than twice as high as in the 1970s, Saez notes.
While economic downturns like the financial crisis usually hurt the rich, that hit is temporary and income inequality roars back unless drastic regulation and tax policy changes are implemented, he writes. After the Great Depression, New Deal policies did just that and suppressed the growth of income inequality. But recent crises have looked different. The top 1 percent got 65 percent of income gains following the 2001 recession, for example. The richest 10 percent of earners have captured increasingly larger shares of income during growth expansions, even if they take a larger hit during contractions."
whatthehey
(3,660 posts)laundry_queen
(8,646 posts)and average data is unreliable these days.
I'd enjoy some links. I think a lot of the skewed averages are coming from particular 'classes' and industries that don't reflect reality for most people. I know several people who work for such industries. There is a large chasm between those companies and your average MBA run company in, say, a retail or a service company.
whatthehey
(3,660 posts)laundry_queen
(8,646 posts)I was responding to the use of both terms in the posts in this thread. BTW, the median does not always show the whole picture either. Anyway, my post was also referring to other immeasurables than just wages - benefits, job security, time off, work environment etc. There is a large gap in those additional 'extras' that is also not being talked about.
laundry_queen
(8,646 posts)but some of us do have memories.
appalachiablue
(44,022 posts)60% would not be able to afford a major cost like a brake job for their car. Hello?
http://www.alternet.org/economy/half-america-or-damn-near-close-living-poverty
Art_from_Ark
(27,247 posts)laundry_queen
(8,646 posts)JFC. $980 for the total overhaul, rotors, brake pads, etc. I cried. I couldn't afford it then (single parent here) but what choice do I have with a 45 minute commute?? Still paying it off on my credit card. Which I'm lucky to have but could get me in trouble if ANYTHING comes up in the near future. I'm not an American, but Canadian and while we were doing marginally better for awhile, now we are having our little recession thanks to Harper's mismanagement of the economy. Food prices have gone up 50-60% in the last 5 years where I live. And we never had cheap food like in the US to begin with. Now our dollar is on the slide, and food is skyrocketing again because of it. And I have 4 kids. 2 teens with #3 turning 13 in April. Anyway, our country is in the same boat, and we haven't even had our housing bubble burst yet. Should be a fun few years for me.
MeNMyVolt
(1,095 posts)Color me surprised,
sonofspy777
(360 posts)Color you mistaken.
go you!
MeNMyVolt
(1,095 posts)Lot's of folks disagreed with you. You did nothing but kick those who agreed (all of two times). I've seen this behavior time and time again.
Hey, you're over 100, let her rip!
DanTex
(20,709 posts)It's much better than it was 5 years ago. We've also dealt with the Great Recession much better that most of Europe.
This isn't to say that there aren't a lot of things that need to be fixed. But, no, it's not that bad at present.
CSStrowbridge
(267 posts)"Someone here said 'The economy isn't that bad!' Compared to what? Syria?"
No, compared to historical norms.
As just one piece of evidence...
http://krugman.blogs.nytimes.com/2015/12/27/obama-the-job-killer/?module=BlogPost-Title&version=Blog%20Main&contentCollection=Opinion&action=Click&pgtype=Blogs®ion=Body
Betty Karlson
(7,231 posts)Much like their candidate, if I may add so.
LonePirate
(14,367 posts)It is becoming more and more difficult to tell the difference between the two sites anymore.
elmac
(4,642 posts)mostly through temp agencies. Economy never will recover to where it used to be, this is the new norm and the new norm sucks.
humbled_opinion
(4,423 posts)Fumesucker
(45,851 posts)
draa
(975 posts)Or maybe not.
More U.S. Children Are Living In Poverty Than During The Great Recession
http://www.huffingtonpost.com/2015/07/21/children-poverty-great-recession_n_7841576.html
Also.
More than 16 million children in the United States 22% of all children live in families with incomes below the federal poverty level $23,550 a year for a family of four. Research shows that, on average, families need an income of about twice that level to cover basic expenses. Using this standard, 45% of children live in low-income families.
http://www.nccp.org/topics/childpoverty.html
I don't care what Obama has done this is a complete failure. The top 1% has seen their income rise and the poorest have borne the brunt. This is also what Neo policies bring. They praise the rich and screw the poor. People should stop supporting those pricks.
ForgoTheConsequence
(5,186 posts)Those impoverished children don't know how good they have it!
draa
(975 posts)They just kicked me in the nuts and said get a job.
davidpdx
(22,000 posts)Anyone who doesn't think the middle class are hurting is part of the problem (hence you'll see the 1% come out and say that loudly). Since the beginning of the Reagan Administration the middle and lower class has been milked at the expense of the 1%.
I believe things have gotten better since President Obama took over, but he had a huge whole to dig us out of and can only do so much. After 8 years of disastrous policies and two wars, I believe it will take DECADES to reverse some of the worst policies. The 1% are living high at the expense of the 99% and there needs to be something done to level the playing field. Anyone who doesn't believe that is part of the problem.
As I have said in other posts, go to Robert Reich's Facebook page and start to listen to what he is saying. This is EXACTLY why we need a progressive agenda on the ballot from 2016 forward.
Oh and before I forget, welcome to DU!
sonofspy777
(360 posts)Actually I originally joined in 2000 but was so angry at the election being stolen I was banned...
PowerToThePeople
(9,610 posts)I don't think that is correct.
treestar
(82,383 posts)Middle class people are not hurting. Geez poor people are.
bvar22
(39,909 posts)She believes they make over $100K/year.
The REAL Middle Class is circling the drain.
davidpdx
(22,000 posts)Some of the middle class is hurting and they continue to be hurt by paying more in taxes than the rich. Income over the last 35 years has not risen to match inflation. The middle class for the most part can't afford to help their children go to college, which is why the student loan bubble is around $2 billion. It is BOTH the poor and middle class that are hurting.
deutsey
(20,166 posts)I agree: people who are poor and who are in the shrinking middle class are hurting.
Hiraeth
(4,805 posts)Thanks in advance.
WillyT
(72,631 posts)It is here that the third and perhaps least understood strand of Sanderss radicalism comes into play: his ability to organize a previously unrecognized constituencyone that embraces the shrinking middle class, both white- and blue-collar, the working and non-working poor, as well as young, first-time voters with large student-loan debts. One thing that comes over strongly in interviews of those attending Sanders rallies is their sense that they are no longer alone, that theyre joining with thousands who are in much the same predicament as they are, and that together they can change things for the better.
From: http://www.democraticunderground.com/1251948693
SheilaT
(23,156 posts)that 90% of people in this country are unemployed or underemployed, and no one has been hired for anything in years. Yeah, things could be better but it's not actually true that half of this country is at or below the poverty line.
Getting a job does depend tremendously on just what sort of work you are looking for, but there is a fair amount of employment at the entry level, and as much as that can suck, at least it's an income.
Plus, older people really do get hired. Well, maybe I am literally the only person over the age of 60 in this country to get hired, but somehow I don't think that's quite accurate. Yeah, things could be a whole lot better, and among the reasons I'm planning to vote for Bernie is that I do believe he will do all possible to improve things for the 99%, and see to it that the 1% really does pay their fair share.
PowerToThePeople
(9,610 posts)Companies are still outsourcing good US jobs. Nothing but the quarterly report matters.
TPP will be the final death blow to the non-ownership classes economically.
Flying Squirrel
(3,041 posts)They have a list of people on food assistance that they consider to be "able-bodied", and those people will now have to jump through some job-search and training hoops to get food assistance starting next month thanks to the miraculous recovery.
BlueCheese
(2,522 posts)The country is doing so much better now than it was then. Of course we have a lot more work to do. But we've made a ton of progress and the trajectory is positive.
laundry_queen
(8,646 posts)Jesus, the whole world almost imploded at the time. "Well, at least it's not 2008!" should never be a Dem campaign slogan of any kind. Nor should "Hey, we're not as bad as a Republican!" Let's benchmark against what works, instead of against what doesn't.
uponit7771
(93,532 posts)winter is coming
(11,785 posts)uponit7771
(93,532 posts)slipslidingaway
(21,210 posts)and if your parents paid for college ad how much debt you carry. There are several factors that influence our economic outlook, we are not all in the same stage. Are you young with minimum debt and increasing wages or older and on the downward slope?
The economy has generally improved, but it has not improved for us, guess we are in that downward slope. Thought we did things right, fortunate to have saved and paid for college, but an unexpected illness has wreaked havoc. Hard to plan for such unexpected medical costs and loss of income.
We know some boomers who are suffering and others who are doing OK, hard to put a definite grasp on the situation. But we can look at the numbers, the middle class is shrinking, and that is not a good thing for our country as a whole.
senz
(11,945 posts)Even when we're reasonably comfortable ourselves, we want America to work well for all of its people.
Republicans care only about is getting theirs and to hell with everyone else.
Thank you for a pertinent OP, sonofspy777. Anyone who criticizes you for it might feel more at home in a "Republican Underground."
raouldukelives
(5,178 posts)Specifically, my own personal space. I am unattached to Wall St, and yet, it has taken my rainfall, it has taken my local flora and fauna and it is taking my chance at a future, all without my assistance or my input.
If they would leave me alone, that would be one thing. But to just come in and take it all for themselves without nary a thank you?
Some choose to be an anchor around all of our necks, forever, and some choose to work for themselves.
MadDAsHell
(2,067 posts)hobbit709
(41,694 posts)treestar
(82,383 posts)look at the unemployment rate. The stock market. The metrics most people use. Good grief. Willful blindness in order to be as gloomy as possible.
FSogol
(47,623 posts)winter is coming
(11,785 posts)The stock market and the unemployment rate are no longer good indicators of how many people are living at or below the poverty line.
Talk about willful blindness.
laundry_queen
(8,646 posts)Juicy_Bellows
(2,427 posts)I got mines what's yer problem?
WillyT
(72,631 posts)NeoLiberalism.
Response to sonofspy777 (Original post)
Corruption Inc This message was self-deleted by its author.