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What happens when the hand-outs stop?

Discussion in 'Survival/Preparedness Forum' started by emt1581, Mar 27, 2010.

  1. Dexters

    Dexters

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    May 3, 2004
    ga
    The 1920s were like today - financial markets did well but the American worker did not do well. The things that did well were also similar to today - radio - that was the social media of the day.

    Most Americans still lived in rural areas - that didn't change until the late '50s or early 60s

    Farms were hit hard and were depressed. Manufacturing was in a decline.
     
    Last edited: Feb 24, 2012
  2. UneasyRider

    UneasyRider C.D.B.

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    Dec 1, 2005
    I think it's like the "Great Depression" in that if you have a decent job everything is ok at the moment, but if you don't... you are really screwed.
     

    Last edited: Feb 24, 2012

  3. Dexters

    Dexters

    4,191
    2
    May 3, 2004
    ga
    If you had a job during the "GD" you did OK because the value of the $ you earned was increasing in value - you could buy more with the $ as time went on. Even then wages were reduced.

    There are so many differences between the 20s/30s and now for the working person that the comparisons only have value in specific situations.

    One is women in the workforce. In the 20s/30s home keeping was a full time job and one man's salary could support a family. Now it take 2 people working to keep a family's finances above water.

    Now, if you have a job you are getting slammed by, wages stagnating while benefit, energy and food costs are going up. So, the value of the $ you are earning is going down. Still better than not having a job.

    By my way of thinking between now and 2016 we may hit the bottom. But we will never get back to the economic environment we had previously.
     
    Last edited: Feb 24, 2012
  4. emt1581

    emt1581 Curious Member

    19,885
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    Oct 17, 2002
    Penn's Woods
    Slight subject change...

    Something I'm finding interesting is that my junk e-mail is no longer filled with male enhancements and credit card/loan offers....now it's social security and food stamp offers...

    -Emt1581
     
  5. certifiedfunds

    certifiedfunds Tewwowist

    52,495
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    Houston
    Odd. I never have received male enhancement emails.

    I wonder why?

    :supergrin:
     
  6. emt1581

    emt1581 Curious Member

    19,885
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    Oct 17, 2002
    Penn's Woods
    Oh the places I could go with that!!!... :supergrin:

    -Emt1581
     
  7. Liff

    Liff

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    Mar 17, 2006
    PNW
    Hello Bill.

    If I may suggest: The stock market is priced in dollars, which means that during inflation everything that is priced in dollars is worth more "dollars". The stock market going higher under the conditions you listed makes perfect sense.
     
  8. inzone

    inzone

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    would be a miracle if U.S. economy survives for 8 more years...... brace for impact......
     
  9. Dexters

    Dexters

    4,191
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    May 3, 2004
    ga
    How do you see it unfolding?
     
  10. lawman800

    lawman800 Juris Glocktor

    Goes well with the other active thread about entitlement mentality.
     
    Last edited: Apr 13, 2012
  11. kirgi08

    kirgi08 Watcher. Silver Member

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    Acme proving grounds.
  12. G29Reload

    G29Reload Tread Lightly

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    Sep 28, 2009

    Yep…aboslutely hysterically funny if it weren't so tragic…you hear the inflation numbers remain at a low x.xx %, not including volatile food and energy prices…


    Announcers actually say this with a straight face.

    Or they include fixed assets (deflated housing prices) with consumables, mixing apples and oranges and making it look like the overall inflation rate is down. You don't buy a house every week, but you do buy food and fuel every week.
     
  13. emt1581

    emt1581 Curious Member

    19,885
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    Oct 17, 2002
    Penn's Woods
    I've been busy lately...so what's new and unfortunate in regard to the topic at hand this week/month?

    Thanks

    -Emt1581
     
  14. Alchemy

    Alchemy Senior Member

    5,359
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    Jan 1, 2003
    Oregon..

    They must know that you are the cock of the rock. :tongueout:
     
  15. lawman800

    lawman800 Juris Glocktor

    The other thread is going strong on the entitlement mentality of someone's neighbor in time of crisis.
     
  16. Comedian

    Comedian

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    Aug 3, 2010
    Agree.