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[email protected] gfretwell@aol.com is offline
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First recorded activity by BoatBanter: Jul 2007
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On Fri, 8 Jan 2016 12:32:03 -0500, "Mr. Luddite"
wrote:

On 1/8/2016 12:13 PM, wrote:
On Fri, 8 Jan 2016 08:22:49 -0500, Justan Olphart
wrote:

O'Bama's liberals are driving us into the second recession of his ever
so tedious reign as president. Join me in prayer for relief from these
liberal assholes.


I don't think we ever really got out of the last recession. They
dumped massive amounts of federal money into the economy and made it
look better but there is not really much actual growth. The employment
participation rate (the number of actual jobs) is flat since 2007.
It is easy to argue that "middle class" jobs have been going down
since the GHWB administration. That was when the words "down sized"
and "outsourced" entered the lexicon and it was in the Clinton
administration when IBM had it's first layoff ... ever. (including the
depression) That was when we started hearing "offshoring".

That is the elephant in the room nobody will mention. Most of our
growth is in construction and we have already seen that we need to
limit that to need or we end up in a bubble. China is really looking
at that one and their economy is suffering like ours did because they
have so much "built and unsold".

Everyone thinks computers will be the answer but there were more
people making a good living in the computer business in 1980 than
there are now. This is a "cut open the box and plug it in" business
now and that is not a good living. We hear a lot about the
opportunities in software but that is not an opportunity for a lot of
people and those people can be in a boiler room in Bangladesh.



No offense Greg and certainly not an insult but I don't think I have
*ever* known anyone with a more depressing and pessimistic outlook than
that you often express here. One of the strongest pillars of success
is an optimistic approach to a problem or issue, even when the reasons
to remain optimistic seem far and few between.


You have to look for the poison ivy if you want to walk in the woods .

I am pretty happy in my personal life but a lot of it was dodging
problems before they became problems and I see a problem with this
economy. I am big in cash now so I largely missed the stock market
crash of 2016. I may have mentioned that back when you could have done
something about it ,,, but I am just a pessimist ;-)