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debbierlus Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 04:45 PM
Original message
Economic 'Stabilization' - The Middle Class as the new working poor
Take...

Two people working forty hour jobs per week (IF they can get them)....

Add astronomical food prices, and inflated prices on just about every good on the market....

Throw in the price of having to replace all the cheap shit made in China, designed to break every three to six months...

Add rising state & local taxes - increased property taxes...

Pop in costs of medical (co-pays and deductibles if you have ANY - full price policy if you have none, and don't expect any reflief if a true public option is not passed in the new MANDATORY private insurance bill making its way through the Congress).....

Mix in huge numbers of people running out of unemployment benefits...

Add, the continual blood loss of jobs (quarter million new jobs lost - that is horrible for a YEAR, not just a month, and just because it has been 1/2 million for the last several doesn't make a 250,000 a okay number, it is a terrible number)

Stir in the loss of the manufacturing job base in American.

Add to the backs of the American tax payers all the debt for the sins of the corporations and borrow money that can not be paid back without a working population

Let simmer and simmer and simmer and simmer and simmer...

And, PRESTO, there you have your 'new' economy.

I wonder when the hell we are going to have a REAL dialogue about economic recovery.

How the hell does America experience economic recovery without job creation?

How the hell does America experience economic recovery without manufacturing?

The economic recovery seems to be solely measured on the ability of the rich to continue to thieve off the world's poor.

With a very few exceptions, everyone I know is going broke.

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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 04:49 PM
Response to Original message
1. We can't compete with the Chinese when it comes to manufacturing costs.
We have to wait until transportation costs go sky high (i.e. oil prices) then it will make sense to manufacture here again.
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debbierlus Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 04:52 PM
Response to Reply #1
2. If we actually invested money in alternative energy, we could make our own energy here

And, not worry about the damn price of oil.

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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 05:29 PM
Response to Reply #2
6. My point is it is the low cost of shipping that makes manufacturing in China cheap.
If the cost of shipping was exorbitant then it would make sense to make it here. And I'm not sure renewable energy can power huge ships or airplanes. That will probably have to be nuclear.

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KakistocracyHater Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 07:36 PM
Response to Reply #1
16. I guess anti-freeze in Chinese toothpaste, cold syrup, etc & melamine in
infant formula & dog & cat food is not reason enough to stop buying from China. Neither is lead in every string of holiday lights, table lamps, etc reason enough to make it ourselves? How about putting a carcinogen-formaldehyde, in fabrics for clothes? Is that finally enough? There are signs in Joann Fabric & Crafts saying that CA prop 65 requires disclosure of lead in the faux/silk flowers & formaldehyde in the fabrics....I heard a few months ago that Europe's LAST aspirin/acetaminophen factory in Lyon was going to close & only Chinese acetaminophen will be available. Same with vanilla; when will this madness stop? What will it take to end this total changeover to inferior Chinese goods?
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 11:23 PM
Response to Reply #16
19. I guess the proper way to stop Chinese products is to test them then?
Easy enough.
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KakistocracyHater Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-11-09 06:46 PM
Response to Reply #19
22. yes but why have they NOT started this? & I forgot to mention lead toys
I think it was the paint on the toys. The Chinese tested Johnson & Johnson for carcinogenic chemicals...& also the poisoned shrimp....
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wurzel Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 05:14 PM
Response to Original message
3. We never had a "middle class".
How Democrats fell for this Republican hoax is beyond me. The "middle class" is anti-union and vote Republican. Once that label got accepted the "middle class" acted accordingly. What we had was the most affluent "working class" in history. Once we lost sight of that we lost everything.
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debbierlus Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 05:23 PM
Response to Reply #3
5. True - the destruction of the fair wages and treatment of the working class

...it is their ultimate aim.

Why do we accept this shit?

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Autumn Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 05:19 PM
Response to Original message
4. The wealthy and the banks are stabilized
what more do you want? :sarcasm: In all seriousness I wish I could recommend this post a dozen times. Like you just about everyone I know is going broke also.
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 05:29 PM
Response to Reply #4
7. We needed a powerful stimulus program that would jolt the economy and
Edited on Sun Aug-09-09 05:30 PM by Better Believe It
put millions of working class people to work.

The stimulus legislation written by three Senate Republicans was designed by them to fail.
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Autumn Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 05:38 PM
Response to Reply #7
9. I have always thought that
most of that stimulus should have gone to small businesses employing twenty people or so. I think they would have used it to create jobs.
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 05:35 PM
Response to Original message
8. AMEN!! The BLS took out 796,000 people out of job pool to get lowering UE rate!!
You can't put new wine in old wine skins, I pray Obama gets elected and gets rid of the people who's advising him economically
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debbierlus Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 05:49 PM
Response to Reply #8
10. do you have a link for that? I believe you, I am just curious in reading more
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uponit7771 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 07:46 PM
Response to Reply #10
17. here you go (link) google key words "bls 796,000"
http://roguejew.wordpress.com/2009/03/16/captain-cluele... /

I pray the BLS moves doesn't come back to bit Obama later on
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depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 06:00 PM
Response to Original message
11. "I wonder when the hell we are going to have a REAL dialogue about economic recovery."
Sometime in 2010 I'd imagine.
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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 06:53 PM
Response to Original message
12. No wonder things don't look so good. I often braced for the
impact of the eight years that we were told to shut up or move out of the country if we didn't like it. A texas tornado sure leaves a mess. And those who caused it are sitting back and looting us.
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salguine Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 07:02 PM
Response to Reply #12
15. With the complete compliance of the new bosses. Same as the old bosses.
Edited on Sun Aug-09-09 07:29 PM by salguine
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and-justice-for-all Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 06:54 PM
Response to Original message
13. Well lucky me....what did I win? nt
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bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 06:57 PM
Response to Original message
14. Would you like some fries with that?
The new Middle Class.
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nightrain Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-09-09 10:08 PM
Response to Original message
18. knr. Great post! so true...
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earth mom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-10-09 09:51 AM
Response to Original message
20. No one wants to hear this in GD-P.
The unrecs on this thread prove it. A few months ago this thread would have been at the TOP of the greatest page.

For Shame DU.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-10-09 03:37 PM
Response to Reply #20
21. Quite.
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