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daredtowork

(3,732 posts)

35. Accumulate more assets isn't saving? nt

Reply to Nye Bevan (Reply #28)

Fri Sep 19, 2014, 05:49 PM

Sep 2014

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Did Janet Yellen say "Let them Eat Cake"? [View all] daredtowork Sep 2014 OP

My comment yesterday was let her work for $9/hr and see how much she saves. hobbit709 Sep 2014 #1

The first comment I saw was "Let her eat savings" daredtowork Sep 2014 #3

You're right, and it gets worse daily. ACA was the only positive in recent history. NYC_SKP Sep 2014 #2

^^^^^^^^^^^^^^^ Peacetrain Sep 2014 #5

Most of us would love to see something give. Whether it needs to give is merrily Sep 2014 #6

I always thought she was the good one daredtowork Sep 2014 #15

IRAs daredtowork Sep 2014 #9

most of our politicians and the people they appoint noiretextatique Sep 2014 #22

So much for our "representatives" daredtowork Sep 2014 #26

I hear the same. LiberalAndProud Sep 2014 #4

See, I think she knows the reality very, very well, even if she's never merrily Sep 2014 #7

Who is she talking to? daredtowork Sep 2014 #11

? Did you read the OP and click on the links? merrily Sep 2014 #14

I just saw the CFED one daredtowork Sep 2014 #18

Look again. merrily Sep 2014 #19

Which article? nt daredtowork Sep 2014 #23

+1000 noiretextatique Sep 2014 #24

True. SammyWinstonJack Sep 2014 #77

I live near San Francisco daredtowork Sep 2014 #10

What makes you think she doesn't know? merrily Sep 2014 #21

Let's not try to jump over the moon here. Thinkingabout Sep 2014 #8

Very few jobs offer pensions any more daredtowork Sep 2014 #12

I quiet realize there are not many places which offer pensions, we need unions. Thinkingabout Sep 2014 #63

well, part of the problem of saving bbgrunt Sep 2014 #80

Yes the interest rate is lower but the need for savings in retirement is greater than the need to Thinkingabout Sep 2014 #83

They're starting to beg for the tumbrels, hifiguy Sep 2014 #13

Marie Antoinette had, what, the palace guard maybe? merrily Sep 2014 #16

Memes of Pepper Spray Cop daredtowork Sep 2014 #20

Bulletproof tents? Occupy was a peaceful movement. merrily Sep 2014 #25

Flying tents are funny-shaped drones, basically daredtowork Sep 2014 #27

Don't forget Blackwater.... awoke_in_2003 Sep 2014 #69

Yes, and other mercenaries. And the Reserve. Plus, I bet if they felt like it, they could merrily Sep 2014 #70

+ a brazilian. hifiguy Sep 2014 #81

Yes, it's falling on the 99%. merrily Sep 2014 #99

No she was pointing out that many people geek tragedy Sep 2014 #17

No, she did not. And she did not say "people need to save more". Nye Bevan Sep 2014 #28

Accumulate more assets isn't saving? nt daredtowork Sep 2014 #35

She didn't even say "people need to accumulate more assets" (nt) Nye Bevan Sep 2014 #40

DUH YES they do.....she is stating the Obvious....while pointing out how difficult that is now... VanillaRhapsody Sep 2014 #60

economics is like everything else. Adam051188 Sep 2014 #29

I said that yesterday and got jumped on Warpy Sep 2014 #30

I would have to agree with you Nobel_Twaddle_III Sep 2014 #41

That's what I thought "we don't have anything to save, who else but the 2% does?" Dont call me Shirley Sep 2014 #31

They wouldn't get it because daredtowork Sep 2014 #33

.. Dont call me Shirley Sep 2014 #37

Janet Yellen expressed support for Supply Side Economics. Enthusiast Sep 2014 #32

I think the tone was set daredtowork Sep 2014 #34

Okay ... 1StrongBlackMan Sep 2014 #49

I watched a short clip on TV, little more than a sound bite, Enthusiast Sep 2014 #82

Of course you did ... 1StrongBlackMan Sep 2014 #87

But...but...THIS ADMINISTRATION IS JUST LIKE FDR's!!!11!1!11! woo me with science Sep 2014 #36

FDR would roll in his grave if he knew how Americans have become AZ Progressive Sep 2014 #50

Forgive me but I do not understand "enough work credits for minimal social security" Nobel_Twaddle_III Sep 2014 #38

Yes daredtowork Sep 2014 #42

Thank You! for explaning that to me. Nobel_Twaddle_III Sep 2014 #43

I was hoping that it would be unnecessary daredtowork Sep 2014 #47

It is implied that she was talking about people with enough income to choose to save Taitertots Sep 2014 #39

I usually get paywalled by NYT daredtowork Sep 2014 #44

Use the "incognito" mode of your web browser to go to the NYT. jeff47 Sep 2014 #58

Ooh thanks! daredtowork Sep 2014 #66

The other day I was in the car Boreal Sep 2014 #45

I think you mis-heard ... 1StrongBlackMan Sep 2014 #52

No, I didn't mis-hear Boreal Sep 2014 #55

You didn't miss-hear what the idiots said. jeff47 Sep 2014 #61

Yellen doesn't want wages and salaries to rise? ... 1StrongBlackMan Sep 2014 #85

I'd keep applying daredtowork Sep 2014 #54

Call Bender and Bender BobbyBoring Sep 2014 #93

One of my favorite topics.. marlene.elyse Sep 2014 #46

Good description of how the system works to transfer middle class assets to the 1 percent. AdHocSolver Sep 2014 #76

Austerity for you peons JEB Sep 2014 #48

It seems the only citizens expected to live in austerity FlatStanley Sep 2014 #51

She is a banker. OneCrazyDiamond Sep 2014 #53

"The law, in its majestic equality, forbids the rich as well as the poor to sleep under bridges, WinkyDink Sep 2014 #56

Except in Berkeley daredtowork Sep 2014 #57

Ah. Well, playing poor has always gone over better than being poor. WinkyDink Sep 2014 #89

Context is eveything. Turbineguy Sep 2014 #59

Except she didn't say that. pnwmom Sep 2014 #62

In the AP article daredtowork Sep 2014 #64

What is wrong with fixing the economy so that people can accumulate more savings? pnwmom Sep 2014 #65

That's not how it looks daredtowork Sep 2014 #67

Wall Street expected her to this time, but she didn't raise the rates. pnwmom Sep 2014 #68

But has QE been creating jobs? daredtowork Sep 2014 #71

We have millions more jobs since the Bush crash -- but that's not enough. pnwmom Sep 2014 #72

I'm not blaming Yellen (yet) on QE daredtowork Sep 2014 #73

I don't know where you live, but I doubt the QE is largely responsible for the massive property pnwmom Sep 2014 #74

I think QE has to converge with "desirable" property daredtowork Sep 2014 #75

What's going on there is not the convergence of the QE and desirable property. pnwmom Sep 2014 #78

I do read Krugman daredtowork Sep 2014 #79

The tech industry has been increasing steadily, but that's not the whole picture. pnwmom Sep 2014 #84

Thanks for all the resources! daredtowork Sep 2014 #86

Just tell him that association is not causation. Surely he's smart enough to understand that. pnwmom Sep 2014 #88

We live in Berkeley daredtowork Sep 2014 #90

I think the points addressed in the first article would apply to Berkeley as well. pnwmom Sep 2014 #91

Rich parents also buy property as investments daredtowork Sep 2014 #92

If low-income Americans would adopt the kind of lifestyles and living arrangements cheapdate Sep 2014 #94

You mean daredtowork Sep 2014 #95

I assumed that the satire in my post was fairly obvious. cheapdate Sep 2014 #97

yep, sorry the satire went right past me daredtowork Sep 2014 #98

I'm not sure I see a lot of GOP concern for structures that "shelter the weak." cheapdate Sep 2014 #100

she never said "let them save" hfojvt Sep 2014 #96