Fun Facts

Discussion in 'The Back Room' started by Motorcity Gator, Sep 8, 2011.

  1. Motorcity Gator

    Motorcity Gator Well-Known Member

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    Facts can be fun....or take the fun out:

    http://xfinity.comcast.net/articles/news-politics/20110908/US.Debate.Fact.Check/?cid=hero_media

    Man....I bitch about how I have come down a few notches but I would be a rich man in Texas.....

    "And that does not account for low-wage jobs that may be barely above the minimum wage. According to the Texas Workforce Commission, 51 percent of all Texas workers make less than $33,000 a year. Only 30 percent make more than $50,000 a year. Nationally, Texas ranked 34th in median household income from 2007 to 2009.

    About 9.5 percent of Texas hourly workers, excluding those who are paid salaries, earn the minimum wage or less, tying Mississippi for the highest percentage in the nation."

    Great.....just what we need.....more poor workers in America with no health insurance and no abilities to buy cars, houses, etc. etc...
     
  2. mrsjoco

    mrsjoco Active Member

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    :? again you missed the point the cost of living in each state is different. you have to take that into consideration (a house here in Ca is a dump at 300000 there you you can get a beautiful home and property.) income is one thing but you have to also take into consideration state and local tax's and the cost of living expenses home /food etc. you just cant base it on wages///// and being a rich man I guess its what you consider being a rich man sometimes money isnt being rich .
     
  3. Motorcity Gator

    Motorcity Gator Well-Known Member

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    Not many could afford to live in California.....and that's a fact.... 8)
     
  4. George Krebs

    George Krebs Well-Known Member

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    Bring your income to NJ and see how far you can stretch it. Or go to Texas. Who cares?
     
  5. RECcane

    RECcane Well-Known Member

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    MORE FUN FACTS:

    Why the US was downgraded...

    • U.S. Tax revenue: $2,170,000,000,000
    • Fed budget: $3,820,000,000,000
    • New debt: $ 1,650,000,000,000
    • National debt: $14,271,000,000,000
    • Recent budget cut: $ 38,500,000,000

    Let's remove 8 zeros and pretend it's a household budget:

    • Annual family income: $21,700
    • Money the family spent: $38,200
    • New debt on the credit card: $16,500
    • Outstanding balance on the credit card: $142,710
    • Total budget cuts: $385


    Note that even the most wildly optimistic estimates for tax increases, including repeal of the Bush Tax Cuts, would raise revenue an additional $600,000,000,000 ($6,000 in family budget terms). That leaves a huge amount to cut.
     
  6. BuckeyeT

    BuckeyeT Well-Known Member

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    Well done putting things in perspective Ralph.....it should be an eye opener to many.

    I can't say it enough....SHAME on those Tea Partyers for seeking some sense of fiscal discipline and prudent, rational management of our country's finances....SHAME....good thing we got that $385 budget cut, not even enough to pay for our Judge Judy slacker's monthly rent check...... :roll:
     
  7. RECcane

    RECcane Well-Known Member

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  8. Motorcity Gator

    Motorcity Gator Well-Known Member

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    Soylent Green......that's the answer.

    Seriously.......with the Dow dropping 400 points today and another recession looming we seem to be headed for another turn in the dumps.

    Maybe a minimum wage job and a $500.00 jalopy for the family car is the new norm?

    Another fun fact.....

    I don't have health insurance with my firm because for a family it is astronomical......over $1100.00 per month.

    A new hire girl that came in a few months ago exclaimed to me today that finally....after 180 friggin days....on October 1st she could have our company healthcare.

    We are so effed in this country.......and somehow so many want to accept it.....incredible.
     
  9. gipper

    gipper Well-Known Member

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    They didn't accept it, they fell for a "Hope and Change" ******** line by an inexperienced talking head that is way over his head trying to lead this country.
    We voted to spend almost a trillion dollars on what he called a "stimulus" plan that was presented as creating jobs. We see now with the stories like Solyndra, that his green job story was just crap.
    Here's another
    http://coburn.senate.gov/public/index.cfm/news?ContentRecord_id=4e207684-21ee-4a5f-acc4-b025c6f04cda
    His wife may have created more jobs than he. Of course these would be jobs in places like Spain, South Africa, and India where she's been traveling while the good times roll in the White House.
    His new plan is nothing but political rhetoric. He KNOWS it will never get by the House. His "pass this bill" chant is nothing more than setting up Republicans for scuttling his brilliant new plan to turn the economy around.
    While his solar panal plant is going bust, a new Boeing plant in SC is stopped by his liberal NLRB.
    His 2012 campaign slogan "No we cant'.....but it's Bush's fault."
     
  10. JO'Co

    JO'Co Well-Known Member

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    re: "Pass This Bill!"

    There is no bill. Obama never submitted a bill and neither has any other Democrat in Congress. Obama's fellow Illinois lib/Dem Sen. Dick Durbin said that "maybe he might get around to submitting a jobs bill next month." There is no bill and just repeating this campaign slogan over and over has no credibility with Democrats either.

    Meanwhile, in the latest Gallup poll, Obama's approval rating among all American men is at 36% and falling...
    [​IMG]
     
  11. George Krebs

    George Krebs Well-Known Member

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    That photo inspires a lot of confidence as this one did.....

    [​IMG]
     
  12. BuckeyeT

    BuckeyeT Well-Known Member

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    That will be his lasting legacy.....One trillion dollars for one of the most ineffective, misguided and unfocused programs in our nation's history. One that he outsourced to his party leadership without direction and led to a massive bloating of every federal agency in government, funded pet pork programs in every district, infused cash into public worker unions nationally and appeased virtually every corner of his political base funded entirely by a crushing debt burden, led to a downward revision in the nation's credit rating and did nothing for sustainable growth and job creation........the only thing this administration has done to invest for growth and job creation is to suffocate it with a massive increase in the burden of federal bureaucracy, stifling array of new regulation and agency rule making and decisions. Unbeknownst to this President and his social engineers, jobs are not created in Washington....

    I'm not sure we're effed yet....but we have another year of leadership more focused on appeasing the political base and continuing the class war instead of creating an environment conducive to economic growth and job creation so they may well get us there......I didn't think it was possible for him to do it in one term......I could well be wrong about that.
     
  13. Motorcity Gator

    Motorcity Gator Well-Known Member

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    That is such a broad term.

    Maybe we can create jobs that pay half of what they should be paying.....wait one year after new hire of those jobs to be eligible for family healthcare and charge $2200.00 per month for the privilege of having it and double the deductibles.

    Frankly that scenario is one that I envision if the GOP took control of everything.

    Exorbitant consumer/employee costs/contribution is their particular brand of voodoo because it's "employer friendly"....

    I said it before.......until members of government can be forced to pay what average Americans pay for family essentials they won't have a clue what is really going on in America.
     
  14. George Krebs

    George Krebs Well-Known Member

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    Well I think most people agree at this point that the Obama party agenda is to simultaneously break down the country while adding to the roles of dependent folks needing government assistance thereby insuring their continued power by buying votes. I mean, even the most "pollyannish" among us must now see the strategy for what it is. This president and his party are steering a direct course toward a socialist society. If we are to assume that he and the liberal members of Congress are not complete imbeciles then the counter to that is that these actions and inactions of the last three years are premeditated.

    As far as job creation is concerned; I meet people everyday who are so uneducated and inept without any visible skills that I wonder how they could continue breathing on their own much less hold a responsible job. Notice that none of the hack politicos ever mention the personal responsibility of education and skill development when they talk about "creating jobs".
     
  15. BuckeyeT

    BuckeyeT Well-Known Member

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    Amen Krebsie.....there are a variety of sectors in this economy where there are not enough qualified workers. At the end of the day, you have to be able to do something that somebody is willing to pay you for......

    In this world, you're not going to get a job bending steel in Youngstown or Detroit or Birmingham for $30 an hour if there is somebody in Shenzhen that will do it for $5. And why is that? Simple......because it's only worth $5 an hour. What happens to enterprises that pay people more than the value they create......they either necessarily have to go bankrupt (see Detroit) or they must continue to be subsidized thereby taking investment resources away from greater value-added activities and in the process compromising the standard of living of all- both present and future.
    What SHOULD they be paying? Who is so wise as to be able to stand on the mount and determine what SHOULD be paid rather than the collective wisdom of all labor and capital market participants combined? What they SHOULD be paying can't be greater than what the job is worth without material adverse consequences to the rest of society over time.....
     
  16. Motorcity Gator

    Motorcity Gator Well-Known Member

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    Not surprising George that you mirror the widely held GOP viewpoint that anyone who needs a job.....who is being raped by healthcare costs.....who isn't making $180,000.00/year.....is "dependent"....'looking for gov't. hand-outs".....is "uneducated"....

    I would guess that there are 130 million Americans who fit none of those descriptions but who are getting poorer by the day with unemployment or underemployment and exorbitant household expenses like healthcare.
     
  17. Motorcity Gator

    Motorcity Gator Well-Known Member

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    Because $5/hr will get you by in China....
     
  18. BuckeyeT

    BuckeyeT Well-Known Member

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    What crap.....no wonder it's so damn hard to have a civil discussion with you when you so often pull crap like that. Nowhere did he say anything remotely close to that....it's just nonsense.

    There is a point to be made however that is rarely if ever discussed by our lib/dem/socialist friends but is a natural truth nonetheless...and that is no matter if you have a job or not, fully employed, unemployed or underemployed the primary responsibility for your well-being does not belong to the government or your neighbor.....no matter your circumstances, the primary responsibility for your well-being and improving your situation is your own...... I believe that much of our society has been led to think otherwise these days
     
  19. Motorcity Gator

    Motorcity Gator Well-Known Member

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    Absolutely true.

    But in the areas of things like family healthcare expenses that has become increasingly difficult.

    Especially when considering that so many family incomes are down and there seems to be no end in sight to that.

    I don't know many....if anyone who has been receiving raises in the last 3 years.

    I used to be able to take care of that myself for many years.....as I was a commission based salesperson. Given today's economic climate I would hesitate to get back on that plan even if offered.....
     
  20. BuckeyeT

    BuckeyeT Well-Known Member

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    Nonetheless, it remains true. Just because something has become more difficult, it does not absolve the individual of being primarily responsible for his well-being and doing whatever necessary to improve ones situation....I have no sympathy for one who complains about his situation, seeks charity from others and yet does nothing to improve his lot in life.....
    So? It just doesn't matter why, it just is.....we live in a global world. That is never going to change. Deal with it.....

    One could argue that the $30 per hour job never existed....it was a $5 per hour job subsidized by the remaining stakeholders in the enterprise....consumers, investors, communities and government. Consumers paid higher prices for inferior products, investors received returns inadequate to compensate them for their risk, communities are left with shuttered factories and governments were left holding the bag until they finally realized they were getting screwed solely for the benefit of union labor and said F**k it.....no more. And then the lights went out in Detroit.....well done labor. How'd that work out for ya?

    At the end of the day, you simply cannot pay someone a wage greater than the value of his work and improve the overall standard of living for society.....it is not sustainable and as we have seen, when the music stops can have very negative impacts