The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: fatty who wrote (16667)	2/4/2004 1:56:37 PM
From: Lizzie Tudor	Read Replies (3) of 306849

I wish you're 20 years younger so that you can feel the plight of being marginalized. But you have yourself well protected with the fortunes you've amassed over the years and the retirement account that the younger generation will subsidize. Sort of out of context a little but I want to respond to this snippet. I don't know how old you are, but my sense is that this callous disregard for the plight of the young professionals whose future went from first to worst in the last 3 years is going to get a wake up call in Nov. 04. Unemployment among young white collar workers, new graduates from the top schools etc. is higher than I've ever seen in my life, higher than 1982 even. The new industries of technology have scaled back their US workforces to levels not seen since the early 90s (pre internet) meanwhile they are selling at record levels in the US market. There is nothing from the current crop of politicians on this giant sucking sound, meanwhile government spending continues unabated as if the young workers are a blank check for federal spending. I expect HUGE reform starting in 05.

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