• Log InLog In
  • Register
Liquid`
Team Liquid Liquipedia
EDT 22:42
CEST 04:42
KST 11:42
  • Home
  • Forum
  • Calendar
  • Streams
  • Liquipedia
  • Features
  • Store
  • EPT
  • TL+
  • StarCraft 2
  • Brood War
  • Smash
  • Heroes
  • Counter-Strike
  • Overwatch
  • Liquibet
  • Fantasy StarCraft
  • TLPD
  • StarCraft 2
  • Brood War
  • Blogs
Forum Sidebar
Events/Features
News
Featured News
[ASL21] Ro24 Preview Pt2: News Flash8[ASL21] Ro24 Preview Pt1: New Chaos0Team Liquid Map Contest #22 - Presented by Monster Energy13ByuL: The Forgotten Master of ZvT30Behind the Blue - Team Liquid History Book20
Community News
Weekly Cups (March 23-29): herO takes triple6Aligulac acquired by REPLAYMAN.com/Stego Research7Weekly Cups (March 16-22): herO doubles, Cure surprises3Blizzard Classic Cup @ BlizzCon 2026 - $100k prize pool49Weekly Cups (March 9-15): herO, Clem, ByuN win4
StarCraft 2
General
Aligulac acquired by REPLAYMAN.com/Stego Research Weekly Cups (March 23-29): herO takes triple Team Liquid Map Contest #22 - Presented by Monster Energy What mix of new & old maps do you want in the next ladder pool? (SC2) herO wins SC2 All-Star Invitational
Tourneys
Sparkling Tuna Cup - Weekly Open Tournament RSL Season 4 announced for March-April StarCraft Evolution League (SC Evo Biweekly) WardiTV Mondays World University TeamLeague (500$+) | Signups Open
Strategy
Custom Maps
[M] (2) Frigid Storage Publishing has been re-enabled! [Feb 24th 2026]
External Content
Mutation # 519 Inner Power The PondCast: SC2 News & Results Mutation # 518 Radiation Zone Mutation # 517 Distant Threat
Brood War
General
Behind the scenes footage of ASL21 Group E BW General Discussion BGH Auto Balance -> http://bghmmr.eu/ Build Order Practice Maps Pros React To: SoulKey vs Ample
Tourneys
[ASL21] Ro24 Group F Azhi's Colosseum - Foreign KCM [ASL21] Ro24 Group E [ASL21] Ro24 Group D
Strategy
Fighting Spirit mining rates What's the deal with APM & what's its true value Simple Questions, Simple Answers
Other Games
General Games
Stormgate/Frost Giant Megathread Nintendo Switch Thread Starcraft Tabletop Miniature Game General RTS Discussion Thread Darkest Dungeon
Dota 2
The Story of Wings Gaming Official 'what is Dota anymore' discussion
League of Legends
G2 just beat GenG in First stand
Heroes of the Storm
Simple Questions, Simple Answers Heroes of the Storm 2.0
Hearthstone
Deck construction bug Heroes of StarCraft mini-set
TL Mafia
Mafia Game Mode Feedback/Ideas TL Mafia Community Thread Five o'clock TL Mafia
Community
General
US Politics Mega-thread Canadian Politics Mega-thread Things Aren’t Peaceful in Palestine The Games Industry And ATVI European Politico-economics QA Mega-thread
Fan Clubs
The IdrA Fan Club
Media & Entertainment
[Manga] One Piece [Req][Books] Good Fantasy/SciFi books Movie Discussion!
Sports
2024 - 2026 Football Thread Formula 1 Discussion Cricket [SPORT] Tokyo Olympics 2021 Thread General nutrition recommendations
World Cup 2022
Tech Support
[G] How to Block Livestream Ads
TL Community
The Automated Ban List
Blogs
Funny Nicknames
LUCKY_NOOB
Money Laundering In Video Ga…
TrAiDoS
Iranian anarchists: organize…
XenOsky
FS++
Kraekkling
Shocked by a laser…
Spydermine0240
ASL S21 English Commentary…
namkraft
Customize Sidebar...

Website Feedback

Closed Threads



Active: 8751 users

US Politics Mega-thread - Page 102

Forum Index > Closed
Post a Reply
Prev 1 100 101 102 103 104 10093 Next
Read the rules in the OP before posting, please.

In order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a re-read to refresh your memory! The vast majority of you are contributing in a healthy way, keep it up!

NOTE: When providing a source, explain why you feel it is relevant and what purpose it adds to the discussion if it's not obvious.
Also take note that unsubstantiated tweets/posts meant only to rekindle old arguments can result in a mod action.
cLAN.Anax
Profile Blog Joined July 2012
United States2847 Posts
February 13 2013 04:18 GMT
#2021
I'm about 3/4 of the way through Jindal's speech. I'm trying to find what's so wrong or crazy with it that made it so "infamous." Am I just too radically conservative? X-D
┬─┬___(ツ)_/¯ 彡┻━┻ I am the 4%. "I cant believe i saw ANAL backwards before i saw the word LAN." - Capped
JinDesu
Profile Blog Joined August 2010
United States3990 Posts
February 13 2013 04:20 GMT
#2022
On February 13 2013 13:18 cLAN.Anax wrote:
I'm about 3/4 of the way through Jindal's speech. I'm trying to find what's so wrong or crazy with it that made it so "infamous." Am I just too radically conservative? X-D


It was tremendously boring. His delivery is terrible.

Or at least that's how I see it. At least Rubio sounded good. But it is pretty much the same speech, now that I think about it.
Yargh
cLAN.Anax
Profile Blog Joined July 2012
United States2847 Posts
February 13 2013 04:23 GMT
#2023
Oh, okay, haha! I didn't think it was that soporific, but, eh. ¯\_(ツ)_/¯
┬─┬___(ツ)_/¯ 彡┻━┻ I am the 4%. "I cant believe i saw ANAL backwards before i saw the word LAN." - Capped
Jibba
Profile Blog Joined October 2007
United States22883 Posts
Last Edited: 2013-02-13 04:30:33
February 13 2013 04:29 GMT
#2024
On February 13 2013 13:23 cLAN.Anax wrote:
Oh, okay, haha! I didn't think it was that soporific, but, eh. ¯\_(ツ)_/¯

It seemed especially bad at the time because it was following Obama's.

Rebuttals to SOTU addresses are almost always perceived as bad or lackluster, and it's really only natural because the audience is tired and it's usually impossible to match the energy of the President in that room.

Clinton is the only person who's ever given a rebuttal and gone on to win the Presidency, and it was 7 years later. For everyone else, it dooms them a bit. Rubio's biggest mistake was accepting the job in the first place. Yeah, it puts you on the national spotlight but almost never in a good way, Republican or Democrat.
ModeratorNow I'm distant, dark in this anthrobeat
JinDesu
Profile Blog Joined August 2010
United States3990 Posts
February 13 2013 04:30 GMT
#2025
On February 13 2013 13:29 Jibba wrote:
Show nested quote +
On February 13 2013 13:23 cLAN.Anax wrote:
Oh, okay, haha! I didn't think it was that soporific, but, eh. ¯\_(ツ)_/¯

It seemed especially bad at the time because it was following Obama's.

Rebuttals to SOTU addresses are almost always perceived as bad or lackluster, and it's really only natural because the audience is tired and it's usually impossible to match the energy of the President in that room.

Clinton is the only person who's ever given a rebuttal and gone on to win the Presidency, and it was 7 years later. For everyone else, it dooms them a bit.


No he's referring to Jindal's speech, which was before the SOTU.
Yargh
Adreme
Profile Joined June 2011
United States5574 Posts
February 13 2013 04:32 GMT
#2026
On February 13 2013 13:20 JinDesu wrote:
Show nested quote +
On February 13 2013 13:18 cLAN.Anax wrote:
I'm about 3/4 of the way through Jindal's speech. I'm trying to find what's so wrong or crazy with it that made it so "infamous." Am I just too radically conservative? X-D


It was tremendously boring. His delivery is terrible.

Or at least that's how I see it. At least Rubio sounded good. But it is pretty much the same speech, now that I think about it.


Also he dumbed it down to a point where it felt like it was insulting to the average listener. It felt like the kind of speech you give a child when trying to inspire him about his country and how great it can be.
Jibba
Profile Blog Joined October 2007
United States22883 Posts
Last Edited: 2013-02-13 04:35:58
February 13 2013 04:35 GMT
#2027
On February 13 2013 13:30 JinDesu wrote:
Show nested quote +
On February 13 2013 13:29 Jibba wrote:
On February 13 2013 13:23 cLAN.Anax wrote:
Oh, okay, haha! I didn't think it was that soporific, but, eh. ¯\_(ツ)_/¯

It seemed especially bad at the time because it was following Obama's.

Rebuttals to SOTU addresses are almost always perceived as bad or lackluster, and it's really only natural because the audience is tired and it's usually impossible to match the energy of the President in that room.

Clinton is the only person who's ever given a rebuttal and gone on to win the Presidency, and it was 7 years later. For everyone else, it dooms them a bit.


No he's referring to Jindal's speech, which was before the SOTU.

Oh, you're right. Jindal's was before Obama's first speech to Congress, not a SOTU.

Bob McDonnell gave the first rebuttal to his SOTU.
ModeratorNow I'm distant, dark in this anthrobeat
aksfjh
Profile Joined November 2010
United States4853 Posts
February 13 2013 04:49 GMT
#2028
On February 13 2013 13:14 JonnyBNoHo wrote:
Show nested quote +
On February 13 2013 13:00 aksfjh wrote:
On February 13 2013 12:55 JonnyBNoHo wrote:
On February 13 2013 12:52 aksfjh wrote:
On February 13 2013 12:48 cLAN.Anax wrote:
@Jin: I think I get what you're saying now, because he assumes everyone will succeed, and we all know that's simply not true.

Oh. Darn. It's over already. Shoot, lol. X-D I liked it. I approve of Rubio more now. Still kinda frustrated on his stance toward entitlements, though we now live in a time where any politician who says anything about cutting SS or Medicare gets an eternally-tarnished reputation. *sigh* Politics.... :-\

We also live in a time where a huge number of Americans are living in poverty and/or don't make enough to make retirement payments, while a small fraction practically hoard money. You can only take the anti-populist stance for so long before it bites you in the ass.

They have to... at least so long as the middle class isn't willing to. That's my take on it anyways.

Eh, when real wages have been stagnant since the 80s for a majority of Americans while healthcare and education costs have risen dramatically, I would rather jump to the conclusion that it's harder for them to save more than they aren't "willing."

I don't think that's correct. Real household income has risen for all income groups and healthcare / education costs are included in inflation figures.

[image loading]

Link

Fair enough. However, US production has grown around 232% since 1979. Source
JonnyBNoHo
Profile Joined July 2011
United States6277 Posts
February 13 2013 05:27 GMT
#2029
On February 13 2013 13:49 aksfjh wrote:
Show nested quote +
On February 13 2013 13:14 JonnyBNoHo wrote:
On February 13 2013 13:00 aksfjh wrote:
On February 13 2013 12:55 JonnyBNoHo wrote:
On February 13 2013 12:52 aksfjh wrote:
On February 13 2013 12:48 cLAN.Anax wrote:
@Jin: I think I get what you're saying now, because he assumes everyone will succeed, and we all know that's simply not true.

Oh. Darn. It's over already. Shoot, lol. X-D I liked it. I approve of Rubio more now. Still kinda frustrated on his stance toward entitlements, though we now live in a time where any politician who says anything about cutting SS or Medicare gets an eternally-tarnished reputation. *sigh* Politics.... :-\

We also live in a time where a huge number of Americans are living in poverty and/or don't make enough to make retirement payments, while a small fraction practically hoard money. You can only take the anti-populist stance for so long before it bites you in the ass.

They have to... at least so long as the middle class isn't willing to. That's my take on it anyways.

Eh, when real wages have been stagnant since the 80s for a majority of Americans while healthcare and education costs have risen dramatically, I would rather jump to the conclusion that it's harder for them to save more than they aren't "willing."

I don't think that's correct. Real household income has risen for all income groups and healthcare / education costs are included in inflation figures.

[image loading]

Link

Fair enough. However, US production has grown around 232% since 1979. Source

True and a disproportionate amount of that gain went to non-wage income. Had the middle class saved more they would now be reaping a greater share of that non-wage income than they currently are.
sam!zdat
Profile Blog Joined October 2010
United States5559 Posts
February 13 2013 05:30 GMT
#2030
On February 13 2013 14:27 JonnyBNoHo wrote:
Had the middle class saved more they would now be reaping a greater share of that non-wage income than they currently are.


"If the middle class were capitalists, and not the middle class, then they would be capitalists, and not the middle class"
shikata ga nai
aksfjh
Profile Joined November 2010
United States4853 Posts
February 13 2013 05:33 GMT
#2031
On February 13 2013 14:27 JonnyBNoHo wrote:
Show nested quote +
On February 13 2013 13:49 aksfjh wrote:
On February 13 2013 13:14 JonnyBNoHo wrote:
On February 13 2013 13:00 aksfjh wrote:
On February 13 2013 12:55 JonnyBNoHo wrote:
On February 13 2013 12:52 aksfjh wrote:
On February 13 2013 12:48 cLAN.Anax wrote:
@Jin: I think I get what you're saying now, because he assumes everyone will succeed, and we all know that's simply not true.

Oh. Darn. It's over already. Shoot, lol. X-D I liked it. I approve of Rubio more now. Still kinda frustrated on his stance toward entitlements, though we now live in a time where any politician who says anything about cutting SS or Medicare gets an eternally-tarnished reputation. *sigh* Politics.... :-\

We also live in a time where a huge number of Americans are living in poverty and/or don't make enough to make retirement payments, while a small fraction practically hoard money. You can only take the anti-populist stance for so long before it bites you in the ass.

They have to... at least so long as the middle class isn't willing to. That's my take on it anyways.

Eh, when real wages have been stagnant since the 80s for a majority of Americans while healthcare and education costs have risen dramatically, I would rather jump to the conclusion that it's harder for them to save more than they aren't "willing."

I don't think that's correct. Real household income has risen for all income groups and healthcare / education costs are included in inflation figures.

[image loading]

Link

Fair enough. However, US production has grown around 232% since 1979. Source

True and a disproportionate amount of that gain went to non-wage income. Had the middle class saved more they would now be reaping a greater share of that non-wage income than they currently are.

Really? I thought a majority of the investment income was coming from a funding of consumer credit. Had they saved more, the returns probably would have been much less. Instead of rewarding those workers with higher wages for increased production, those that employed them (indirectly) loaned them the money instead.
sam!zdat
Profile Blog Joined October 2010
United States5559 Posts
Last Edited: 2013-02-13 05:40:43
February 13 2013 05:36 GMT
#2032
^This is what we call "the company store"

edit: thank aksfjh, that's a very interesting point
shikata ga nai
JonnyBNoHo
Profile Joined July 2011
United States6277 Posts
February 13 2013 05:59 GMT
#2033
On February 13 2013 14:33 aksfjh wrote:
Show nested quote +
On February 13 2013 14:27 JonnyBNoHo wrote:
On February 13 2013 13:49 aksfjh wrote:
On February 13 2013 13:14 JonnyBNoHo wrote:
On February 13 2013 13:00 aksfjh wrote:
On February 13 2013 12:55 JonnyBNoHo wrote:
On February 13 2013 12:52 aksfjh wrote:
On February 13 2013 12:48 cLAN.Anax wrote:
@Jin: I think I get what you're saying now, because he assumes everyone will succeed, and we all know that's simply not true.

Oh. Darn. It's over already. Shoot, lol. X-D I liked it. I approve of Rubio more now. Still kinda frustrated on his stance toward entitlements, though we now live in a time where any politician who says anything about cutting SS or Medicare gets an eternally-tarnished reputation. *sigh* Politics.... :-\

We also live in a time where a huge number of Americans are living in poverty and/or don't make enough to make retirement payments, while a small fraction practically hoard money. You can only take the anti-populist stance for so long before it bites you in the ass.

They have to... at least so long as the middle class isn't willing to. That's my take on it anyways.

Eh, when real wages have been stagnant since the 80s for a majority of Americans while healthcare and education costs have risen dramatically, I would rather jump to the conclusion that it's harder for them to save more than they aren't "willing."

I don't think that's correct. Real household income has risen for all income groups and healthcare / education costs are included in inflation figures.

[image loading]

Link

Fair enough. However, US production has grown around 232% since 1979. Source

True and a disproportionate amount of that gain went to non-wage income. Had the middle class saved more they would now be reaping a greater share of that non-wage income than they currently are.

Really? I thought a majority of the investment income was coming from a funding of consumer credit. Had they saved more, the returns probably would have been much less. Instead of rewarding those workers with higher wages for increased production, those that employed them (indirectly) loaned them the money instead.

I don't think consumer credit is very big. I think most is tied to the nation's capital stock (factories, offices, equipment, houses, etc.)

On February 13 2013 14:30 sam!zdat wrote:
Show nested quote +
On February 13 2013 14:27 JonnyBNoHo wrote:
Had the middle class saved more they would now be reaping a greater share of that non-wage income than they currently are.


"If the middle class were capitalists, and not the middle class, then they would be capitalists, and not the middle class"

OK, but in real life those lines are blurred Even ol' Harvey quips about his 401K
{CC}StealthBlue
Profile Blog Joined January 2003
United States41117 Posts
February 13 2013 06:05 GMT
#2034
"Smokey, this is not 'Nam, this is bowling. There are rules."
TNK
Profile Joined November 2011
United States163 Posts
February 13 2013 06:12 GMT
#2035
I missed the state of the union speech can some one give me a summary of what Obama basically said please?
Yes my name is ironic.
aksfjh
Profile Joined November 2010
United States4853 Posts
February 13 2013 06:17 GMT
#2036
On February 13 2013 14:59 JonnyBNoHo wrote:
Show nested quote +
On February 13 2013 14:33 aksfjh wrote:
On February 13 2013 14:27 JonnyBNoHo wrote:
On February 13 2013 13:49 aksfjh wrote:
On February 13 2013 13:14 JonnyBNoHo wrote:
On February 13 2013 13:00 aksfjh wrote:
On February 13 2013 12:55 JonnyBNoHo wrote:
On February 13 2013 12:52 aksfjh wrote:
On February 13 2013 12:48 cLAN.Anax wrote:
@Jin: I think I get what you're saying now, because he assumes everyone will succeed, and we all know that's simply not true.

Oh. Darn. It's over already. Shoot, lol. X-D I liked it. I approve of Rubio more now. Still kinda frustrated on his stance toward entitlements, though we now live in a time where any politician who says anything about cutting SS or Medicare gets an eternally-tarnished reputation. *sigh* Politics.... :-\

We also live in a time where a huge number of Americans are living in poverty and/or don't make enough to make retirement payments, while a small fraction practically hoard money. You can only take the anti-populist stance for so long before it bites you in the ass.

They have to... at least so long as the middle class isn't willing to. That's my take on it anyways.

Eh, when real wages have been stagnant since the 80s for a majority of Americans while healthcare and education costs have risen dramatically, I would rather jump to the conclusion that it's harder for them to save more than they aren't "willing."

I don't think that's correct. Real household income has risen for all income groups and healthcare / education costs are included in inflation figures.

[image loading]

Link

Fair enough. However, US production has grown around 232% since 1979. Source

True and a disproportionate amount of that gain went to non-wage income. Had the middle class saved more they would now be reaping a greater share of that non-wage income than they currently are.

Really? I thought a majority of the investment income was coming from a funding of consumer credit. Had they saved more, the returns probably would have been much less. Instead of rewarding those workers with higher wages for increased production, those that employed them (indirectly) loaned them the money instead.

I don't think consumer credit is very big. I think most is tied to the nation's capital stock (factories, offices, equipment, houses, etc.)

Housing/mortgage is tied to consumer credit. If it wasn't, the housing bubble wouldn't have been such a big deal. In one swoop, not only did the worst crash since 1929 erase a great deal of middle class investment (homes), but highlighted the poor shape it was already in. When the housing market collapsed, it showed us that the middle class was on it's last leg to begin with, putting all their savings into their homes, without much option since wages didn't allow them to "diversify their portfolio."
JonnyBNoHo
Profile Joined July 2011
United States6277 Posts
February 13 2013 06:20 GMT
#2037
On February 13 2013 15:17 aksfjh wrote:
Show nested quote +
On February 13 2013 14:59 JonnyBNoHo wrote:
On February 13 2013 14:33 aksfjh wrote:
On February 13 2013 14:27 JonnyBNoHo wrote:
On February 13 2013 13:49 aksfjh wrote:
On February 13 2013 13:14 JonnyBNoHo wrote:
On February 13 2013 13:00 aksfjh wrote:
On February 13 2013 12:55 JonnyBNoHo wrote:
On February 13 2013 12:52 aksfjh wrote:
On February 13 2013 12:48 cLAN.Anax wrote:
@Jin: I think I get what you're saying now, because he assumes everyone will succeed, and we all know that's simply not true.

Oh. Darn. It's over already. Shoot, lol. X-D I liked it. I approve of Rubio more now. Still kinda frustrated on his stance toward entitlements, though we now live in a time where any politician who says anything about cutting SS or Medicare gets an eternally-tarnished reputation. *sigh* Politics.... :-\

We also live in a time where a huge number of Americans are living in poverty and/or don't make enough to make retirement payments, while a small fraction practically hoard money. You can only take the anti-populist stance for so long before it bites you in the ass.

They have to... at least so long as the middle class isn't willing to. That's my take on it anyways.

Eh, when real wages have been stagnant since the 80s for a majority of Americans while healthcare and education costs have risen dramatically, I would rather jump to the conclusion that it's harder for them to save more than they aren't "willing."

I don't think that's correct. Real household income has risen for all income groups and healthcare / education costs are included in inflation figures.

[image loading]

Link

Fair enough. However, US production has grown around 232% since 1979. Source

True and a disproportionate amount of that gain went to non-wage income. Had the middle class saved more they would now be reaping a greater share of that non-wage income than they currently are.

Really? I thought a majority of the investment income was coming from a funding of consumer credit. Had they saved more, the returns probably would have been much less. Instead of rewarding those workers with higher wages for increased production, those that employed them (indirectly) loaned them the money instead.

I don't think consumer credit is very big. I think most is tied to the nation's capital stock (factories, offices, equipment, houses, etc.)

Housing/mortgage is tied to consumer credit. If it wasn't, the housing bubble wouldn't have been such a big deal. In one swoop, not only did the worst crash since 1929 erase a great deal of middle class investment (homes), but highlighted the poor shape it was already in. When the housing market collapsed, it showed us that the middle class was on it's last leg to begin with, putting all their savings into their homes, without much option since wages didn't allow them to "diversify their portfolio."

Mortgages are considered separate from consumer credit. A large part of the problem there was the lack of savings - homes sold with little equity.

The reason for little equity was twofold: not enough savings for a large down payment and a lust for larger and more expensive homes.
aksfjh
Profile Joined November 2010
United States4853 Posts
February 13 2013 06:28 GMT
#2038
On February 13 2013 15:20 JonnyBNoHo wrote:
Show nested quote +
On February 13 2013 15:17 aksfjh wrote:
On February 13 2013 14:59 JonnyBNoHo wrote:
On February 13 2013 14:33 aksfjh wrote:
On February 13 2013 14:27 JonnyBNoHo wrote:
On February 13 2013 13:49 aksfjh wrote:
On February 13 2013 13:14 JonnyBNoHo wrote:
On February 13 2013 13:00 aksfjh wrote:
On February 13 2013 12:55 JonnyBNoHo wrote:
On February 13 2013 12:52 aksfjh wrote:
[quote]
We also live in a time where a huge number of Americans are living in poverty and/or don't make enough to make retirement payments, while a small fraction practically hoard money. You can only take the anti-populist stance for so long before it bites you in the ass.

They have to... at least so long as the middle class isn't willing to. That's my take on it anyways.

Eh, when real wages have been stagnant since the 80s for a majority of Americans while healthcare and education costs have risen dramatically, I would rather jump to the conclusion that it's harder for them to save more than they aren't "willing."

I don't think that's correct. Real household income has risen for all income groups and healthcare / education costs are included in inflation figures.

[image loading]

Link

Fair enough. However, US production has grown around 232% since 1979. Source

True and a disproportionate amount of that gain went to non-wage income. Had the middle class saved more they would now be reaping a greater share of that non-wage income than they currently are.

Really? I thought a majority of the investment income was coming from a funding of consumer credit. Had they saved more, the returns probably would have been much less. Instead of rewarding those workers with higher wages for increased production, those that employed them (indirectly) loaned them the money instead.

I don't think consumer credit is very big. I think most is tied to the nation's capital stock (factories, offices, equipment, houses, etc.)

Housing/mortgage is tied to consumer credit. If it wasn't, the housing bubble wouldn't have been such a big deal. In one swoop, not only did the worst crash since 1929 erase a great deal of middle class investment (homes), but highlighted the poor shape it was already in. When the housing market collapsed, it showed us that the middle class was on it's last leg to begin with, putting all their savings into their homes, without much option since wages didn't allow them to "diversify their portfolio."

Mortgages are considered separate from consumer credit. A large part of the problem there was the lack of savings - homes sold with little equity.

The reason for little equity was twofold: not enough savings for a large down payment and a lust for larger and more expensive homes.

They are different, but a home mortgage can act as leverage for more consumer credit. That still leads me back to the same point, if middle class families would have "saved" instead of borrowing so much for a home and living expenses, where would the money be invested if that's where the money was going anyways?
JonnyBNoHo
Profile Joined July 2011
United States6277 Posts
February 13 2013 06:32 GMT
#2039
On February 13 2013 15:28 aksfjh wrote:
Show nested quote +
On February 13 2013 15:20 JonnyBNoHo wrote:
On February 13 2013 15:17 aksfjh wrote:
On February 13 2013 14:59 JonnyBNoHo wrote:
On February 13 2013 14:33 aksfjh wrote:
On February 13 2013 14:27 JonnyBNoHo wrote:
On February 13 2013 13:49 aksfjh wrote:
On February 13 2013 13:14 JonnyBNoHo wrote:
On February 13 2013 13:00 aksfjh wrote:
On February 13 2013 12:55 JonnyBNoHo wrote:
[quote]
They have to... at least so long as the middle class isn't willing to. That's my take on it anyways.

Eh, when real wages have been stagnant since the 80s for a majority of Americans while healthcare and education costs have risen dramatically, I would rather jump to the conclusion that it's harder for them to save more than they aren't "willing."

I don't think that's correct. Real household income has risen for all income groups and healthcare / education costs are included in inflation figures.

[image loading]

Link

Fair enough. However, US production has grown around 232% since 1979. Source

True and a disproportionate amount of that gain went to non-wage income. Had the middle class saved more they would now be reaping a greater share of that non-wage income than they currently are.

Really? I thought a majority of the investment income was coming from a funding of consumer credit. Had they saved more, the returns probably would have been much less. Instead of rewarding those workers with higher wages for increased production, those that employed them (indirectly) loaned them the money instead.

I don't think consumer credit is very big. I think most is tied to the nation's capital stock (factories, offices, equipment, houses, etc.)

Housing/mortgage is tied to consumer credit. If it wasn't, the housing bubble wouldn't have been such a big deal. In one swoop, not only did the worst crash since 1929 erase a great deal of middle class investment (homes), but highlighted the poor shape it was already in. When the housing market collapsed, it showed us that the middle class was on it's last leg to begin with, putting all their savings into their homes, without much option since wages didn't allow them to "diversify their portfolio."

Mortgages are considered separate from consumer credit. A large part of the problem there was the lack of savings - homes sold with little equity.

The reason for little equity was twofold: not enough savings for a large down payment and a lust for larger and more expensive homes.

They are different, but a home mortgage can act as leverage for more consumer credit. That still leads me back to the same point, if middle class families would have "saved" instead of borrowing so much for a home and living expenses, where would the money be invested if that's where the money was going anyways?

If the middle class saved more and put it into their homes then more of the wealth from their homes would have flowed to them instead of the lenders (the rich) and their middlemen (banks).
Danglars
Profile Blog Joined August 2010
United States12133 Posts
February 13 2013 07:27 GMT
#2040
"We can also help our economy grow if we have a legal immigration system that allows us to attract and assimilate the world's best and brightest," Rubio said. "We need a responsible, permanent solution to the problem of those who are here illegally. But first, we must follow through on the broken promises of the past to secure our borders and enforce our laws."

That line is basically what every conservative in America wanted to hear. We need a better legal immigration system. We need a solution for those currently in the country legally. FIRST, we need to do more than a pretense of securing our borders because that is what's continually promised and never delivered. Reagan's amnesty bill was sold (to him as much as to the American people) as tough on future illegals and was ineffectual.

He follows that kind of line for the next 3 years and I doubt they'll be a different presidential candidate for the Republican party, barring a financial or romantic scandal.
Great armies come from happy zealots, and happy zealots come from California!
TL+ Member
Prev 1 100 101 102 103 104 10093 Next
Please log in or register to reply.
Live Events Refresh
Replay Cast
00:00
PiGosaur Cup #66
CranKy Ducklings116
Liquipedia
[ Submit Event ]
Live Streams
Refresh
StarCraft 2
WinterStarcraft367
RuFF_SC2 181
NeuroSwarm 136
ViBE122
PattyMac 13
StarCraft: Brood War
GuemChi 6852
Artosis 659
ggaemo 46
NaDa 33
Noble 21
scan(afreeca) 18
Dota 2
monkeys_forever464
League of Legends
JimRising 658
Counter-Strike
taco 611
Super Smash Bros
C9.Mang0535
Other Games
summit1g10182
PiGStarcraft227
Maynarde78
ZombieGrub19
CosmosSc2 10
Moletrap4
Organizations
Other Games
gamesdonequick1217
StarCraft 2
Blizzard YouTube
StarCraft: Brood War
BSLTrovo
sctven
[ Show 18 non-featured ]
StarCraft 2
• Hupsaiya 70
• EnkiAlexander 58
• davetesta25
• CranKy Ducklings SOOP3
• sooper7s
• Migwel
• LaughNgamezSOOP
• IndyKCrew
• Kozan
• intothetv
• AfreecaTV YouTube
StarCraft: Brood War
• BSLYoutube
• STPLYoutube
• ZZZeroYoutube
League of Legends
• Doublelift4590
• Stunt200
• Lourlo194
Other Games
• Scarra1125
Upcoming Events
The PondCast
7h 18m
OSC
21h 18m
RSL Revival
1d 7h
TriGGeR vs Cure
ByuN vs Rogue
Replay Cast
1d 21h
RSL Revival
2 days
Maru vs MaxPax
BSL
2 days
RSL Revival
3 days
uThermal 2v2 Circuit
3 days
BSL
3 days
Afreeca Starleague
4 days
[ Show More ]
Replay Cast
4 days
Sparkling Tuna Cup
5 days
Liquipedia Results

Completed

Proleague 2026-03-31
WardiTV Winter 2026
NationLESS Cup

Ongoing

BSL Season 22
CSL Elite League 2026
CSL Season 20: Qualifier 1
ASL Season 21
CSL Season 20: Qualifier 2
RSL Revival: Season 4
Nations Cup 2026
Stake Ranked Episode 1
BLAST Open Spring 2026
ESL Pro League S23 Finals
ESL Pro League S23 Stage 1&2
PGL Cluj-Napoca 2026
IEM Kraków 2026
BLAST Bounty Winter 2026
BLAST Bounty Winter Qual

Upcoming

Escore Tournament S2: W1
CSL 2026 SPRING (S20)
Acropolis #4
IPSL Spring 2026
BSL 22 Non-Korean Championship
CSLAN 4
Kung Fu Cup 2026 Grand Finals
HSC XXIX
uThermal 2v2 2026 Main Event
StarCraft2 Community Team League 2026 Spring
IEM Cologne Major 2026
Stake Ranked Episode 2
CS Asia Championships 2026
IEM Atlanta 2026
Asian Champions League 2026
PGL Astana 2026
BLAST Rivals Spring 2026
CCT Season 3 Global Finals
IEM Rio 2026
PGL Bucharest 2026
TLPD

1. ByuN
2. TY
3. Dark
4. Solar
5. Stats
6. Nerchio
7. sOs
8. soO
9. INnoVation
10. Elazer
1. Rain
2. Flash
3. EffOrt
4. Last
5. Bisu
6. Soulkey
7. Mini
8. Sharp
Sidebar Settings...

Advertising | Privacy Policy | Terms Of Use | Contact Us

Original banner artwork: Jim Warren
The contents of this webpage are copyright © 2026 TLnet. All Rights Reserved.