Response to kpete (Original post)
Wed Jan 25, 2012, 03:27 PM
socialindependocrat (1,372 posts)
2. Simply - businesses can't sell and survive

During this recession the thing that really killed any recovery
was that people in the middle class finally came to the realization
that they needed to save for retirement or die at their desk.
What little discretionary income that was left after the increases over the past 5 years:
gasoline
heating oil
food
vehicle registration
repairs for cars
You add to the list - these increases didn't go up at a normal 2-3%
My electric bill went up 60% and vehicle registration went up 50%
and food is up 25%.
The wealthy have come to realize that if their businesses are to survive
they need the middle class to have enough money to buy things.
They thought they were putting one over on us (since 1985).
Well the plan backfired.
Time to pay the piper, people!
Every time someone with power messes with the balance of things
it comes back to bite 'em in the butt.
Maybe there is a God...
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