"In case you haven’t noticed, the economy is actually getting better. Noticeably better."

[socialist_n_TN]

30. Yeah, I think that this is what bothers THIS particular........

leftist about the economy. It's doing great for the ones who already HAVE. They're sitting on a growing mountain of cash. And to be fair, it's improving slightly for a few of the rest of us. But it's improving to a new, poorer version of what we have come to expect.

Personally, I got a job about 6 months ago that seems to be going well, BUT I'm misclassified as a "contractor" which means my tax liability is more than it should be. And my salary is still only about 2/3 of what it was back in the 90s. Which means that with inflation still rising and my income still at less than it was, I have less buying power than I did a decade ago.

In addition, this recovery is still so fragile that ANYTHING could bring it to a standstill. From a Euro crisis to high gasoline prices, the threats are many. And finally, because of the inherent nature of economic crises in the capitalist system, it WILL NOT last. Sooner or later it will slump again and I have a feeling (based on observation) that the crises of capitalism from now on will be harder and deeper than anything we've seen in our lifetimes.

I can still give Obama props for ameliorating this current crisis and bringing us back from the brink, but I have serious doubts that it will last. Hopefully, it will last through the next election so that we keep the proto fascists out of elective office, but we WILL have to deal with another huge crisis of capitalism before the elections of '16.