Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: AC Flyer who wrote (53286)	9/13/2004 10:43:13 AM
From: Steve Lokness	Read Replies (1) of 74559

AC - a demographic recession? Might the US "depression" start long before 2012? Every day we see stories of unreliable SS and unaffordable health care cost. If the public starts to take this situation seriously, might they stop SPENDING on WalMart crap and bigger houses and start setting money aside? As I watch the news this morning on yet another airline filing bankruptcy, I can't help but think of the disposable income change between the old airline industry and the new startups. The difference in success is "wages"!! Well wages and benefits. As more companies are doing away with health care coverage and retirement - the worker then becomes responsible. If the wage earner gets less and has to pay for benefits before were covered - will this not effect discretionary spending? steve

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next