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graham4anything

(11,464 posts)
11. We are much better now collectively than between 2001-Jan.2009.
Thu May 23, 2013, 04:02 AM
May 2013

So what point are you making?

The fact that some business' have closed on the street, is only because those business' now are obsolete as people have shifted their habits making them obsolete.

Historically there are always biz' that close and others open.
However, only know does it seem different, because there are closed storefronts whereas in the past, every few years, there would be a new store.

These days the new store is replaced by an online store.

And with all the new technology, one of these days a physical bank won't be needed.
One doesn't even need to leave the house anymore to deposit a check into an account.
Just click and it's done. Same with 90% of bills, now paid online.

And one of these days, wouldn't surprise me if 80% of all college is done online without having to travel.

And aside from what the dislikers say, the healthcare is/ or will in the next year save
most of America very big money in savings on premiums and on care.
And wellness too leads to very big drop in health care bills, but that too takes time.

However, tearing down all the rich and all the buildings are going to do nothing to help
those with nothing. All it does is end up being their home or car or future job that is burnt down.
And protest voting or republican voting is NOT going to achieve one forward movement whatsoever.

This is what the DOW over 15,000 looks like! [View all] WhaTHellsgoingonhere May 2013 OP
and 8% unemployment with declining wages! yay!!! HiPointDem May 2013 #1
This picture speaks a 1000 words. nt limpyhobbler May 2013 #2
But some people wants to get rid of the Census Bureau. defacto7 May 2013 #4
actually, it is not a good analogy, but it does have flashy colors graham4anything May 2013 #3
"Would it be better for the market to crash again and everyone goes to the bottom" WhaTHellsgoingonhere May 2013 #5
No, it won't go to zero. Unless one doesn't vote for the democratic party of course. graham4anything May 2013 #6
We will indeed learn the answer to that Q soon. It's amazing to me that ANYONE would Nay May 2013 #14
graham, look how awesome the economy was between 2003-2007! WhaTHellsgoingonhere May 2013 #8
look at the stats you just posted- During Jan.2001-Jan.2009 show a drop of 40% graham4anything May 2013 #9
Yes, this goes back to the bubble-bust nature of the stock market, g WhaTHellsgoingonhere May 2013 #10
We are much better now collectively than between 2001-Jan.2009. graham4anything May 2013 #11
and now you *did* make the 'Bill Gates... WhaTHellsgoingonhere May 2013 #15
I agree, we disagree. I do not agree with your answer. graham4anything May 2013 #17
Yeah, who cares that all the gains are going to those who need it the most. EOTE May 2013 #16
the 1% are raking it in while the rest are getting austerity and sequestration. nt msongs May 2013 #7
In 2011 ( this chart) the Dow was closer to 11,000 not 15,000 OKNancy May 2013 #12
The Gilded Age 2.0 JNelson6563 May 2013 #13
Latest Discussions»General Discussion»This is what the DOW over...»Reply #11