RaiderFan wrote:ohsherrie wrote:conversationpc wrote:Skylorde wrote:There's a cold reality waiting to set in regarding that statement.
Exactly. Higher taxes and a slower economy will be the reality. Also, if anyone thinks the taxes will only be higher for the "rich" then they are sadly mistaken.
Uh, were you awake during the Clinton administration or were too focused on Bill's love life to realize how good the economy was?
Unemployment was higher as were interest rates on average. It's better now. If you want to know the effects of liberalism. Check out my home states pathetic situation. Lib Governor, 2 lib senators, house and senate split. Unemployment here is over 7. Bliss

Well, maybe there were a few more people out of work but a hell of a lot more of them that were working were making a living wage and had heathcare benefits. Interest rates, yeah they were higher, our CDs, Annuities and IRAs were making a lot more money then. So were our investment funds.
Those people who bought all those houses that were built(helping the unemployment rates and the economic numbers) are in really good shape now aren't they? The damned government's going to help them though so they can keep their houses while hundreds of thousands of other people lose their incomes.
I don't know what your homestate is, but let me tell you about mine.
The economy of this state, at least that of the majority of it, has traditionally been based on the tobacco, textile, and furniture industries. They are no more. They are all still very big industries, but not here anymore.
People who had worked in some of these industries for 30 to 40 years are now finding themselves between 50 and 60 years old, without jobs, without healthcare, in some cases without education, and without any jobs available that pay a living wage. I'm not talking about a few people RF, I'm talking about 10s of thousands of people. Hell it may even be 100s of thousand statewide. I only have personal experience here in south central VA.
I'm not talking just a few factories either. Each of these had several manufacturing facilities employing several hundred, sometimes up to a thousand, people each.
Textiles:
Dan River Corporation
Burlington Industries
JP Stephens
Lee Jeans
Lee Athleticwear
Tultex
Sara Lee Knitwear
Vanity Fair
Furniture:
Lane Furniture
Bassett Furniture
American Furniture
Hooker Furniture
Stanley Furniture
The only jobs available to most of these people are fast food and retail jobs and the stock market and interest rates aren't doing them a bit of good because they're having to sell their stocks and withdraw their savings just to live.
I've been doing some tutoring for the last few weeks. Not for school kids though. For adults who have been doing the same jobs for 30 to 40 years and never expected to have to learn how to get another one. Some of these people are trying to get a GED because back when they were in high school, in this area of the country, most boys only went to school until you could either get a job or go to work on the family tobacco farm and most girls only went until they got married to one of those boys.
I'm not saying that as any form of ridicule at all. That was the way of life in the rural mid-Atlantic and southern states. It wasn't the fault of the people involved as much as the fault of the cultural, societal, and political influences that have been involved since this country came into being.
This isn't the only place it's happening either. There are towns throughout the midwest(my original home territory) that were built around industries that no longer exist in this country.
Oh, and all those technical jobs that were going to replace the manufacturing, have you called a tech center lately?