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


To: Skeeter Bug who wrote (264800)7/28/2010 6:32:57 PM
From: tejekRead Replies (5) | Respond to of 306849
 
it will eventually haunt us. when? i'm not sure, but when it leaps from the shadows of the center of the room, it isn't going away any time soon or without some severe societal stress.

I've got news for you......we are under considerable societal stress already. Its really galling to the little man on the street that the rich and not so rich in this country have been living high on the hog while he struggles. And then to hear the wealthy complain about how extending unemployment benefits is nothing more than socialism, or how unfair it is to have their tax cuts rescinded while dishing that their grocery shopping car is almost as nice as their going out to dinner car and how St Barts is getting too crowded during the winter months.

The little man on the street doesn't give a squat about the rich man's deficit worries. He's trying to get enough food to feed his family. Besides, worrying about the deficit when the economy has not fully recovered is like worrying about the appearance of your fireplace even though you have no wood to burn in it.

And truth be told, most of the people complaining about the deficit these days never said a word when Bush was running up the deficit thanks in no small part to the tax cuts. I wonder why.