SI
SI
discoversearch

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.
Politics : View from the Center and Left
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Vosilla who wrote (175304)11/5/2011 11:04:40 AM
From: Cogito  Read Replies (1) of 541298
 
>> But one thing always bothers me is liberalism tends to make costs of everything, especially housing, go through the roof so becomes next to impossible for the next generation to live as modestly as hippies did.<<

Yes, it was the rampant liberalism of the Bush Administration that caused the housing bubble, the unregulated derivatives market, and the low capital reserve requirements/high leverage that caused so many banks and other institutions to get in trouble.

Now that we've all had a good laugh at the above, the real reason the present generation's prospects are are so dim is that wealth and income growth continues to migrate toward the richest Americans, leaving a smaller and smaller pie for the middle class and poor.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News