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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: tony who wrote (4615)8/22/2002 2:59:22 PM
From: MSIRead Replies (1) | Respond to of 306849
 
It is broken. These people with IT degrees work hard to earn degrees and then end up earning no decent wage but slave hours.

This is endless corporate-sponsored legislation to reduce wages. Any representation by Citizen-taxpayer-voters is illusory.

The effect of our current administration is simply an intensified version of the previous ones, further concentration of wealth, screw the little guy.

That the CPI doesn't include housing is, to me, another example of the same kind of politicized statistic. Newcomers, like my kids, find a huge cost increase, even if the asset-holders don't. Standard of living goes down, even as the top 1% and top 10% goes up.

A huge amount of wealth is being realigned in this country, sucking excessive taxes from the middle income-earners, and flowing that into insiders starting in Washington and Texas, and major corporations in general.

That this temporarily has financial benefits to small business owners like myself is no consolation to anyone who wishes their children to have a better country.