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D.W. Simpson |
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#1
03-08-2006, 09:40 AM
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Americans spend more than they make
we've now attained the ultimate [with] the whole country managing to spend more money than we earn
Perhaps it's time the goverment to set the example.
__________________
God is Great - Beer is good - People are crazybulldogbrute.mybrute.c 
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#2
03-08-2006, 09:42 AM
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My wife spends more than I make. It's the Ameircan dream. He who dies with the most debt wins!
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I think the dollar will crash irreparably by 2012.... bottom drops out of the dollar. ....Dollars are worthless, 401ks are bust, the markets are valueless...government assumes control over all industry and everything is nationalized by the end of 2012. - gomer_tree
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#3
03-08-2006, 09:54 AM
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This isn't news.
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Knock my block off.
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#5
03-08-2006, 10:10 AM
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I wonder if it's quite as bad as it's made out to be.
Does this statistic consider the tax-deferred portion of people's compensation? 401(k) contributions do not show up in income statistics, for example. So somebody could have cash flow of -.5%, but be socking away 10% tax deferred.
__________________
2012 AO Rap Battle Champion Co-Legend of the Water Cooler(TM)
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#6
03-08-2006, 10:13 AM
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We're all in-hock to the company store, but today the store isn't owned by the same company. It pretty much affects us the same way, for practical purposes.
More hours, more spouses working (in addition to 1st spouse), higher productivity, lower family incomes. Welcome to republican heaven.
__________________
"While many regions of the world offer great oil opportunities, the Middle East with two thirds of the world’s oil and the lowest cost, is still where the prize ultimately lies, even though companies are anxious for greater access there, progress continues to be slow."- Dick Cheney, 1999 "Even more significant than the numbers is the perception of risk among workers..."- Harvard law professor Paul Weiler
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#7
03-08-2006, 10:15 AM
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Quote:
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#8
03-08-2006, 11:03 AM
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We spend more than we earn, yet somehow, our total savings as a nation grows. Funny how that works.
__________________
A booth in the back is where the coats are filed. Listen and vote in Battle of the Bands VIII! Quote:
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#9
03-08-2006, 11:14 AM
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#10
03-08-2006, 11:16 AM
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Quote:
__________________
"While many regions of the world offer great oil opportunities, the Middle East with two thirds of the world’s oil and the lowest cost, is still where the prize ultimately lies, even though companies are anxious for greater access there, progress continues to be slow."- Dick Cheney, 1999 "Even more significant than the numbers is the perception of risk among workers..."- Harvard law professor Paul Weiler
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