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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: pcstel who wrote (144099)7/9/2014 2:29:48 AM
From: John Vosilla  Read Replies (1) | Respond to of 149317
 
Thanks for sharing this space, and I bid everyone a courteous and friendly farewell.

Where are you going? I agree with much of what you said and disagree with other parts.. Seriously the little guy just wants to make an honest living, the fed gives him no desire to save even if somehow he could manage to have anything left over at the end of the month. Now you want him to invest in the stock market? Jeez only asking for more trouble better J6P get empowered by being able to buy a house with affordable monthly payments and build equity the slow old fashioned way. Most are squeezed by multiple factors, cost of living far outpacing their incomes, a culture of over consumption and addiction to debt plus so many with substance abuse and gambling problems that cost them not only by throwing so much money down the drain that should be invested but dramatically cuts their own productivity.

The point you probably miss is the job creators are not the plutocrats or 1% but an expanding middle class able to consume and buy their products and services. Since the 1980's we've gone on a debt buying binge with spending continuing to exceed incomes.