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In reply to the discussion: Economic Recovery, my ass. [View all]merrily
(45,251 posts)67. Not long after the 2008 crash, Orman was talking about the "new normal."
I don't recall whether it was on her own show (which I used to watch when I couldn't sleep) or on one of her PBS programs. Anyway, she did not define what she meant by it, but, as the show progressed, it became clear to me that she was saying, in essence, "You are going to be poor from now on." Or, as Pelosi might have put it, had she been on with Suze, "Embrace the suck."
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Worse. An economic recovery for the parasites funded by the middle and lower classes. n/t
Egalitarian Thug
Jan 2014
#2
The solution - basic income. It's a human right, especially in an economy that doesn't produce jobs.
reformist2
Jan 2014
#5
Fantastic idea. Our economy produces plenty of wealth but its distribution is the worst
pampango
Jan 2014
#7
sorry, but that's not a viable solution. I think focusing on raising the federal minimum
cali
Jan 2014
#8
Basic Income is the long-term goal. Minimum wage, unemployment insurance are merely stop-gaps.
reformist2
Jan 2014
#9
Of course there's no economic recovery. Watch any of Prof. Rick Wolff's monthly Global Capitalism
truth2power
Jan 2014
#14
berating pixels on a message board is that one's activism. I guess you gotta start somewhere...
KG
Jan 2014
#28
how very convenient- and dishonest of you to omit the other things I listed and just what
cali
Jan 2014
#29
You have been asked upthread and I'd like to know the answer... What have you done? And what
ChisolmTrailDem
Jan 2014
#40
The first step is to recognize the problem. But some choose to live in the
rhett o rick
Jan 2014
#52
It's the low interest rates that's making stocks go up and that's going to end soon.
L0oniX
Jan 2014
#42
The recovery signs are all pointing to better times for the 1%. The rest of us have a very mixed
jwirr
Jan 2014
#25
Someone will come along and post how low unemployment is to make it all better
seveneyes
Jan 2014
#27
Keep in mind that there are a lot of stock holders here approaching retirement age.
L0oniX
Jan 2014
#43
Great Post! Absolutely agree with you; economic recovery??? who is kidding who??
democratisphere
Jan 2014
#38
I'm afraid that we are probably into a new baseline reality. The shift away from an economy fueled
Douglas Carpenter
Jan 2014
#50
like Reagan and the DLC did for politics, they're not looking more than 4 years down the line
MisterP
Jan 2014
#63
Actually, I do think we're in a recovery. Now, all the money is staying at...
WhoWoodaKnew
Jan 2014
#61
"Economic Recovery" for the Too Big To Fail ONLY. All else need NOT apply.
blkmusclmachine
Jan 2014
#65
On a macro level I totally agree with you. On a micro level it may be prudent to
kelly1mm
Jan 2014
#76