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Newest Reality

(12,712 posts)
4. When people get
Fri Mar 16, 2012, 04:41 PM
Mar 2012

a bit excited by "news" about how the economy is doing better, (based on small drops in calculated UI claims or GDP/Wall St. data) I can understand their feelings of relief and how they welcome the news.

If you are directly affected by the news, then yes, it is good news for you. That means, you are either amongst a small percentile who are doing much better than the better you already had, or you somehow benefit from a niche or industry that grabs some cake and frosting. You are not swirling around in the cesspool of dire circumstance, watching watching family, friends and neighbors, as well as cities and towns, go third-world.

To me, based on myriads of systemic problems that are worsening and show little hope of improving for we, the 99%, those reports are like dog treats used as incentives or rewards. They succeed in garnering support and belief in making those who benefit most from any upturns both justified and fatter.

Now, wouldn't you want that from a nation in crises? That is, especially if you owned most of the media and had powerful, (monetary) influence on politicians? Calling a shenanigans on the facade would be crucial to abating our own economic crises, be it current or looming in the near-future.

Playing along with this may seem right and reasonable. However, it is done at our own peril, especially if our personal wealth is either non-existent or based on trappings and status. The slope gets slippery in a quick and easy way.

"In NO State can a minimum wage worker afford a two bedroom unit..." gateley Mar 2012 #1
Chart 2 has little to do with it... SkyDaddy7 Mar 2012 #9
We live in NOW. It shows it's happening now. nt valerief Mar 2012 #17
you're right sort of tooeyeten Mar 2012 #22
Shows that "minimum wage" has more to do with how little business owners can get away with paying gtar100 Mar 2012 #10
And the conservative authoritarians have been mounting a war on unions. The Wielding Truth Mar 2012 #23
I'd like to see chart number 2 for previous years. DireStrike Mar 2012 #2
So true LiberalLovinLug Mar 2012 #8
How you fix it bl968 Mar 2012 #3
Yup... usrname Mar 2012 #6
All it does is complicate things SATIRical Mar 2012 #13
That's genius. Love it! n/t poverlay Mar 2012 #12
Actually i believe this rule comes from the Japanese, except they place it at 10% MACARD Mar 2012 #15
I'd favor a change in FASB that mandated exec comp as POST-tax distribution of profits. TahitiNut Mar 2012 #24
When people get Newest Reality Mar 2012 #4
American CEO : worker pay : 475:1. Never forget that. Initech Mar 2012 #5
Unfuckingbelievable. CrispyQ Mar 2012 #14
correct. and despicable. BlancheSplanchnik Mar 2012 #18
The people at the top don't care which party gets the blame and IMO both parties are to blame. L0oniX Mar 2012 #7
just watched part of that BlancheSplanchnik Mar 2012 #19
Why does anyone abelenkpe Mar 2012 #11
That red chart looks like Pacman gobbling up all the little people's money. sabrina 1 Mar 2012 #16
no need..... BlancheSplanchnik Mar 2012 #21
basically, the richest live off the backs of the rest of us fascisthunter Mar 2012 #20
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