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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (143890)10/28/2008 7:30:03 PM
From: geode00  Read Replies (1) | Respond to of 173976
 
There are increases in costs that eat up that second income. That's the point. It takes a higher percentage of income to cover fixed costs than it did a generation ago.

Plus, the risks are much higher not to say the debt (public and private) are much higher as well. This does not bode well for the economy.

Yes, I think we are economically in much worse shape than we were a generation ago. I think we live with much more risk and reduced opportunity. I also really dislike the debt.