Economical Breaking Point

[NoBushSpokenHere]

Do you believe we are close to the economical breaking point here in the US? Have you been foreclosed on, know someone who has, or do you know people who are going hungry? Do you believe we are close to a total breaking point?

[Greyhound]

1. In the last 10 years, I and millions of others, have been reduced to making less

than half of what I used to pay in taxes.

There are a series of catastrophes coming, like a tsunami. Are you heading for the beach to watch?

[NoBushSpokenHere]

3. I am thinking of stocking up on alcohol to watch... nt

[gateley]

4. Yes -- making less

with costs more than doubling? Tripling?

America -- I NEVER thought I'd see the day.

And those who haven't been affected yet, will be.

[NoBushSpokenHere]

5. I never thought I would EVER see it as bad as

it is and is coming.

Every day I hear more . . .

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=5441654&mesg_id=5441654

[NoBushSpokenHere]

2. I am seriously concerned about how much longer

people can handle the poor economy. Every day I meet more and more people who are seriously struggling and who are becoming desperate for money and food. I believe many cannot survive this much longer.

[silverojo]

6. If I hadn't inherited money from my aunt's death last year

I would be homeless.

Pretty sick state of affairs, when the only certain way you can get money anymore is for a loved one to die.

Welcome to the Bush economy.

[raccoon]

11. My situation is similar to yours.

Yep, about the only way you can get money is through inheritance. Or be the one in umpteen million who wins the lottery.

[taught_me_patience]

7. why only negative choices?

The economy seems ok to me and I'm not worried about my future at all.

[TheWatcher]

8. Then you are very lucky.

I think the 10% of the populations of Ohio and 19% in Michigan who have to depend on Food Stamps would kind of disagree with you.

Very happy to hear your world is Rose-Colored and Enchanted, but the economy as a whole is OK?

Not a chance.

And if you are one of the lucky one's to be unaffected, I hope you will help those around you who are less fortunate when you can.

This will not be a normal Recession.

[NoBushSpokenHere]

10. In Ohio the average person on food stamps only receives 22.25 per week

and there are many not eligible. I cannot imagine only spending 22 dollars per week on groceries.

[NoBushSpokenHere]

9. Then the next to last choice is for you nt

[varelse]

12. Other

I'm fine, and my immediate family is "ok". I'm worried about other Americans, who are sliding into poverty, or unable to get out of it, and about people on the rest of the planet, who are fighting (rioting) over food.

[The2ndWheel]

13. If energy isn't cheap, then yes

If energy is cheap, then no. We won't have much of a habitat if energy is cheap, but the economy will be fine.

[KharmaTrain]

14. The Collapse Of The Consumer Culture

This morning, the corner gas station was charging $3.60 a gallon...well over $1 higher than a year ago and over triple what it was when this regime took power. Other prices have gone up accordingly and with it the shrinking of "discretionary spending"...or money available for consumer goods.

I don't know many who aren't chosing food and necessities over buying a digital TV or taking a nice vacation. The retail world is taking a big hit as even "always the lowest prices" isn't low enough and inventories are not replenished...meaning new products aren't being made, shipped or sold. Deserted strip malls ripple in less need for inventory and cost cutting...fewer jobs that means even fewer dollars in the consumer pool. We're learning to made do with what we need...not what we want.

While I don't know people going hungry...I have seen homeless and know many who are suffering. We're not seeing massive bread lines or a booming black market...yet, but there's no doubt that the days of impulse buying are over.

[NoBushSpokenHere]

15. kick for the afternoon crowd nt

[hack89]

16. I am one of the fortunate ones. nt