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Old 05-17-2012, 07:19 PM
 
Location: USA
13,255 posts, read 12,135,112 times
Reputation: 4228

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I really want the country to prosper. If the economy tanks, my currency tanks too. I'm not renouncing anything and I plan to do what I can to help this country. However, this economy is tanking and its going to take us rethinking the way we do business as a country. If we don't do it, some other country will. We have to figure out the way for our businesses (economy) to operate best for the country, and in the global competitive market. There's several ways we could make that happen.


If the Boomers want to hear the Millenials quit "whining" then they need to get out of the way. All I've heard from several posters is to "get a job" or other lame excuses for a putrid economy. If the ship is sinking, it doesn't matter if you get on or not.

We're going to have to increase the wealth of the middle and lower class of this country if we're going to climb out of this recession. Consumers drive revenue and revenue drives profits so if we're going to improve business we're going to need Americans who can actually afford something other than food, gas, and groceries.

The argument of who had it worse is moot IMO when the financial health of the ENTIRE country is at stake.

 
Old 05-17-2012, 07:23 PM
 
32,516 posts, read 37,198,776 times
Reputation: 32581
Quote:
Originally Posted by Gtownoe View Post
LOL at the Boomers. Did you guys all private message each other to put your thoughts together?
Nope.

But we all came of age in a VERY difficult time in this nation's history. There's a definite kinship among Boomers. We really do remember EXACTLY where we were when President Kennedy was assassinated. We survived Nixon together. We all stood outside on the same August night and looked up at the Moon.

And we all watched Ed Sullivan in February of 1964.
 
Old 05-17-2012, 07:24 PM
 
Location: USA
13,255 posts, read 12,135,112 times
Reputation: 4228
Quote:
Originally Posted by DewDropInn View Post
Nope.

But we all came of age in a VERY difficult time in this nation's history. There's a definite kinship among Boomers. We really do remember EXACTLY where we were when President Kennedy was assassinated. We survived Nixon together. We all stood outside on the same August night and looked up at the Moon.

And we all watched Ed Sullivan in February of 1964.
Amen. No sarcasm
 
Old 05-17-2012, 07:29 PM
 
Location: On the Chesapeake
45,444 posts, read 60,638,057 times
Reputation: 61060
Quote:
Originally Posted by Gtownoe View Post
I really want the country to prosper. If the economy tanks, my currency tanks too. I'm not renouncing anything and I plan to do what I can to help this country. However, this economy is tanking and its going to take us rethinking the way we do business as a country. If we don't do it, some other country will. We have to figure out the way for our businesses (economy) to operate best for the country, and in the global competitive market. There's several ways we could make that happen.


If the Boomers want to hear the Millenials quit "whining" then they need to get out of the way. All I've heard from several posters is to "get a job" or other lame excuses for a putrid economy. If the ship is sinking, it doesn't matter if you get on or not.

We're going to have to increase the wealth of the middle and lower class of this country if we're going to climb out of this recession. Consumers drive revenue and revenue drives profits so if we're going to improve business we're going to need Americans who can actually afford something other than food, gas, and groceries.

The argument of who had it worse is moot IMO when the financial health of the ENTIRE country is at stake.
I wondered when you'd say this. Get out of the way. Why? For whom? And again, why?

If you mean retirement then you need to brush up on your math skills as the vast majority of boomers aren't even close to retirement yet.

If you mean get out of the way so your generation can impose your unique ideas for business and education operations then all I have to say is if we do that hold on to your ass because us superannuated, incompetent, etc. boomers will have to come out of retirement to fix things. I've seen your generation's (and Gen X's) way of doing things and I am still picking up the pieces.
 
Old 05-17-2012, 07:31 PM
 
Location: Foot of the Rockies
90,297 posts, read 120,823,758 times
Reputation: 35920
Quote:
Originally Posted by North Beach Person View Post
I wondered when you'd say this. Get out of the way. Why? For whom? And again, why?

If you mean retirement then you need to brush up on your math skills as the vast majority of boomers aren't even close to retirement yet.

If you mean get out of the way so your generation can impose your unique ideas for business and education operations then all I have to say is if we do that hold on to your ass because us superannuated, incompetent, etc. boomers will have to come out of retirement to fix things. I've seen your generation's (and Gen X's) way of doing things and I am still picking up the pieces.
I think he wants us all to be euthanized so we can't come back.
 
Old 05-17-2012, 07:44 PM
 
9,961 posts, read 17,533,732 times
Reputation: 9193
Quote:
Originally Posted by DewDropInn View Post
Nope.

But we all came of age in a VERY difficult time in this nation's history. There's a definite kinship among Boomers. We really do remember EXACTLY where we were when President Kennedy was assassinated. We survived Nixon together. We all stood outside on the same August night and looked up at the Moon.

And we all watched Ed Sullivan in February of 1964.
Yes we know.

I was born in 1979 and I'm almost nostalgic for the 1960s after hearing about it non-stop through three different waves of nostalgia during my liftime. I can't even remember my childhood in the 1980s or most of the 90s, but I've heard so many stories, films, documentaries, music from the 1960s on and on, that I can truly understand that it was the "Wonder Years".
 
Old 05-17-2012, 09:20 PM
 
Location: Ohio
24,621 posts, read 19,180,106 times
Reputation: 21743
Quote:
Originally Posted by Deezus View Post
Yes we know.

I was born in 1979 and I'm almost nostalgic for the 1960s after hearing about it non-stop through three different waves of nostalgia during my liftime. I can't even remember my childhood in the 1980s or most of the 90s, but I've heard so many stories, films, documentaries, music from the 1960s on and on, that I can truly understand that it was the "Wonder Years".
Point well taken.

Noting....

Mircea

Quote:
Originally Posted by North Beach Person View Post
I wondered when you'd say this. Get out of the way. Why? For whom? And again, why?

If you mean retirement then you need to brush up on your math skills as the vast majority of boomers aren't even close to retirement yet.
Why would they want to do that?

It's easier to complain and blame everyone else.

Adding...

Mircea

Quote:
Originally Posted by DewDropInn View Post
And we all watched Ed Sullivan in February of 1964.
Uh, from my vantage point in the bassinet, uh, I couldn't exactly see the gigantic 1-1/4 ton console Black & White TV that occupied one-third of the combination living room/dining/room/kitchen/bedroom in our apartment, but, uh, I remember it was loud (because it woke me up).

Hearing but not seeing...

Mircea

Quote:
Originally Posted by Gtownoe View Post
However, this economy is tanking and its going to take us rethinking the way we do business as a country.
No, as I've been saying since 2007, you're going to need to re-think they way you live.

Think "House-husband." Think "Commune."

Quote:
Originally Posted by Gtownoe View Post
We have to figure out the way for our businesses (economy) to operate best for the country, and in the global competitive market.
They have figured it out. It's called reducing your wages.

Sergiu runs a Mazak machine producing 60 parts in an 8 hour day, and gets paid the equivalent of $2.15/hour in Romanian Lei.

Redneck Ted runsa Mazak machine producing 60 parts in an 8 hour day, and gets paid the equivalent of $35/hour.

Which worker is more productive?

That in fact is a trick question, since they are equally productive.

Which worker costs less?

Sergiu costs far less.

So you're going to have to wait until about the year 2040 when his wages get to about $17/hour and then [maybe] you can compete against Sergiu.

Get it?

Uh, one minor detail, uh, that assumes Redneck Ted is still make $35/hour in the year 2040.

Quote:
Originally Posted by Gtownoe View Post
We're going to have to increase the wealth of the middle and lower class of this country if we're going to climb out of this recession.
No, you are going to have to increase your own wealth at your expense.

You can start by cancelling your cell-phone and internet and using that money to buy stocks/bonds or put it in other investment vehicles or pay down your current outstanding debt obligation.

Financially planning...

Mircea
 
Old 05-17-2012, 09:29 PM
 
249 posts, read 194,201 times
Reputation: 77
Elizabeth Warren's lectures and books provide good insight on economic trends that affect, well, all of us. It hits the younger generation harder since we don't have the capital, but we have the debt.
 
Old 05-17-2012, 10:07 PM
 
9,961 posts, read 17,533,732 times
Reputation: 9193
Quote:
Originally Posted by Mircea View Post
No, you are going to have to increase your own wealth at your expense.

You can start by cancelling your cell-phone and internet and using that money to buy stocks/bonds or put it in other investment vehicles or pay down your current outstanding debt obligation.

Financially planning...

Mircea
Why would I cancel my $25 a month Internet connection when I'd basically need it to research, make, and check on those investments? Including the fact that many employers expect you to have constant access to email or cell phones or even a connection fast enough that you can log on on to work remotely from home.

And I suppose you could look for a job by going down to the local library and waiting in line for a computer behind the dirty old men looking at porn on there(Or posting bitter rants on CityData apparently) Jobs are all online these days, newspaper classified ads are dead. In addition, why would I pay only slightly less for an inconvenient landline--so I can wait to get home and check my messages... Maybe I could just save more money and wait for calls near non-existent pay phones...

Of all the expenses people could cut, that's what you recommend? I'd say skip buying a new car, cable TV, going out to eat, and such---you pick the two that are needed the most to actually find or keep a job these days or run a business.
 
Old 05-17-2012, 10:10 PM
 
Location: Great State of Texas
86,052 posts, read 84,531,102 times
Reputation: 27720
Quote:
Originally Posted by Deezus View Post
Why would I cancel my $25 a month Internet connection when I'd basically need it to research, make, and check on those investments? Including the fact that many employers expect you to have constant access to email or cell phones or even a connection fast enough that you can log on on to work remotely from home.

And I suppose you could look for a job by going down to the local library and waiting in line for a computer behind the dirty old men looking at porn on there(Or posting bitter rants on CityData apparently) Jobs are all online these days, newspaper classified ads are dead. In addition, why would I pay only slightly less for an inconvenient landline--so I can wait to get home and check my messages... Maybe I could just save more money and wait for calls near non-existent pay phones...

Of all the expenses people could cut, that's what you recommend? I'd say skip buying a new car, cable TV, going out to eat, and such---you pick the two that are needed the most to actually find or keep a job these days or run a business.
If you are running a business they you shouldn't be here complaining that the boomers are in the way. Where's the logic in that ?
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