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View Poll Results: Are You Better Off Than You Were Four Years Ago?
YES 50 52.08%
NO 46 47.92%
Voters: 96. You may not vote on this poll

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Old 09-04-2012, 09:49 AM
 
12,794 posts, read 7,110,696 times
Reputation: 4326

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I think one horrible indicator of the economy is that it currently makes no sense to try and save money in most savings vehicles because the interest rate (usually around 1% or less) is lower than inflation.

People will never feel better off if they dont have a little bit of savings built up earning some interest.
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Old 09-04-2012, 09:49 AM
 
3,347 posts, read 2,870,570 times
Reputation: 1719
Quote:
Originally Posted by Ponderosa View Post
Yes. The value of my retirement accounts has doubled since Obama took over!

Ahhhh... the internet.... where everyone has a mansion, 2 vacation homes, is a male or female model, has 5 boats, 6 cars.....

We all get the idea


I am really Paul Mccartney..... I spend my free time bantering on the forums for fun

Since we can hide behind computer screens and say whatever we want and be whoever we secretly want to be......
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Old 09-04-2012, 09:51 AM
 
Location: Long Island, NY
19,777 posts, read 12,798,525 times
Reputation: 5646
Quote:
Originally Posted by t206 View Post
I think one horrible indicator of the economy is that it currently makes no sense to try and save money in most savings vehicles because the interest rate (usually around 1% or less) is lower than inflation.

People will never feel better off if they dont have a little bit of savings built up earning some interest.
You complain that interest rates are low and if interest rates were high, you would complain that they were high.
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Old 09-04-2012, 09:52 AM
 
Location: In an indoor space
7,685 posts, read 5,378,961 times
Reputation: 5138
I'm NOT better off.

When is this economy going to get much better and I don't mean a 4 plus year plan as many people don't have that much time to wait.
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Old 09-04-2012, 09:52 AM
 
27,631 posts, read 19,353,371 times
Reputation: 11076
Quote:
Originally Posted by t206 View Post
I'm much better off, and I have no problem saying that I did it on my own. Worked hard at work to get a new position, and started my own small business to make more money on the side that I can stick in my retirement account.
That's great...good for you. I'm assuming that the nature of your business renders the utilization of infrasructure which includes roads, bridges, the Internet, telephones, electricity, etc. completely unnecessary.
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Old 09-04-2012, 09:52 AM
 
Location: Long Island, NY
19,777 posts, read 12,798,525 times
Reputation: 5646
Quote:
Originally Posted by A&M_Indie_08 View Post
Ahhhh... the internet.... where everyone has a mansion, 2 vacation homes, is a male or female model, has 5 boats, 6 cars.....

We all get the idea


I am really Paul Mccartney..... I spend my free time bantering on the forums for fun

Since we can hide behind computer screens and say whatever we want and be whoever we secretly want to be......
The stock market has nearly doubled since Obama took office. That's an indisputable fact.

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Old 09-04-2012, 09:55 AM
 
4,730 posts, read 3,910,184 times
Reputation: 1567
I'm much better off than 4 years ago, but Obama had nothing to do with that. Nor did I or my "boot straps." It was the will of Hashem... I just worked hard and let Hashem do the rest. Obama is the second worst president of our time, next to the anti-chr*st, errr, I mean Jimmy C*rter...
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Old 09-04-2012, 09:57 AM
 
3,347 posts, read 2,870,570 times
Reputation: 1719
Quote:
Originally Posted by MTAtech View Post
The stock market has doubled since Obama took office. That's an indisputable fact.

Yet most of the country thinks they are worse off than 4 yrs ago.....

Majority: U.S. worse off than 4 years ago, Obama does not deserve reelection - National Elections | Examiner.com

Seems most people think your party is full of crap.... (not that I believe Republicans are the answer personally)
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Old 09-04-2012, 09:58 AM
 
1,698 posts, read 1,667,726 times
Reputation: 766
Quote:
Originally Posted by A&M_Indie_08 View Post
Ahhhh... the internet.... where everyone has a mansion, 2 vacation homes, is a male or female model, has 5 boats, 6 cars.....

We all get the idea


I am really Paul Mccartney..... I spend my free time bantering on the forums for fun

Since we can hide behind computer screens and say whatever we want and be whoever we secretly want to be......
That's right, Democratic operatives go on citydata to lie to a bunch of people who can barely read and basically haven't figured out twitter yet. You've figured it all out!!

I, and my entire family basically are all a lot better off than four years ago, but we understand that a lot of people are not doing better and are in fact doing worse. Obama has done a lot of good, but no matter how many times people list his accomplishments they are casually dismissed. The one person who is least likely to fix this state of affairs though, is Mitt Romney.
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Old 09-04-2012, 10:01 AM
 
12,794 posts, read 7,110,696 times
Reputation: 4326
Quote:
Originally Posted by MTAtech View Post
You complain that interest rates are low and if interest rates were high, you would complain that they were high.
Really? You somehow know what I think? Thats pretty ridiculous, but nice try.

Interest rates need to be set by the market, not artificially driven so low that nobody can save money.
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