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Soxtalk State of the Union


Texsox
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The paid guys got to have their say, what say you?

 

The economy is looking much better than it has in years. Our war situation is greatly improved. Seems like we're doing pretty good as a country right now.

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QUOTE (Tex @ Jan 23, 2015 -> 08:24 AM)
The paid guys got to have their say, what say you?

 

The economy is looking much better than it has in years. Our war situation is greatly improved. Seems like we're doing pretty good as a country right now.

 

In some regards, the US is doing quite well, especially in comparison to other nations. But it's easy to cherry pick the good and leave out the bad when it comes to evaluating the health of a nation.

 

For example, the unemployment rate has come down, however, they're mostly low paying jobs. As a matter of fact, median income has fallen, so more people may be working again, but they're making less than they were before.

 

For all the moves the government made to assist the middle class, the middle class has NEVER been worse off, and the top 1% have never been better off, so this was either terribly written policy, or the bulls*** they're spewing about helping the middle class is just that. The stock market is soaring (good for me), and I work in IT (good for me), which has huge competition for jobs at the moment, but other industries aren't faring so well.

 

I think the state of the nation would very much lie in the eye of the beholder.

 

I've never been doing better, but for me to say things are great doesn't mean they're great for everyone.

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QUOTE (Y2HH @ Jan 23, 2015 -> 09:06 AM)
In some regards, the US is doing quite well, especially in comparison to other nations. But it's easy to cherry pick the good and leave out the bad when it comes to evaluating the health of a nation.

 

For example, the unemployment rate has come down, however, they're mostly low paying jobs. As a matter of fact, median income has fallen, so more people may be working again, but they're making less than they were before.

 

For all the moves the government made to assist the middle class, the middle class has NEVER been worse off, and the top 1% have never been better off, so this was either terribly written policy, or the bulls*** they're spewing about helping the middle class is just that. The stock market is soaring (good for me), and I work in IT (good for me), which has huge competition for jobs at the moment, but other industries aren't faring so well.

 

I think the state of the nation would very much lie in the eye of the beholder.

 

I've never been doing better, but for me to say things are great doesn't mean they're great for everyone.

 

This is accurate. One man's joy is another man's folly.

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I deal with many businesses and see both the ups and downs. I see some companies flourishing and I see some struggling to get by. My own business here is running level, not good but not bad. I get squeezed by vendors raising their prices every few months, and customers screaming at ME if I try to keep pace with that. The home health customers of mine apparently have a host of new regulations put upon them as of Jan 1, and they seem to not be liking them so far. One complained that they had to devote one employee to doing nothing but keeping up with the new reporting requirements. My customers in the service industry seem to be doing well. The real estate agents, inspectors and related businesses don't seem to be enjoying this as of yet (although the new home builder customer I have seems to be bucking that trend).

 

As for me personally, doing slightly OK, if that makes sense. I have expenditures and costs under control, and have managed to accumulate my safety nestegg to a point that I can live my life and not be constantly worrying about next month's mortgage payment. However I DO still worry as my wife's job is in insurance, and with every change I cringe not knowing if or how it will effect her employment.

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I'm doing great. Made double last year what I have in the past, and as such my healthcare costs have gone up about 80% and owe more in taxes. Guess what? I'm fine with it. I think having roads and such is pretty neat.

 

Economy's doing well, but they're pretty much engaging in all the same activities they were prior to 2008... I wish we could actually get meaningful regulation, but it ain't gonna happen with this congress.

Edited by Reddy
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QUOTE (Reddy @ Jan 23, 2015 -> 02:52 PM)
I'm doing great. Made double last year what I have in the past, and as such my healthcare costs have gone up about 80% and owe more in taxes. Guess what? I'm fine with it. I think having roads and such is pretty neat.

 

Economy's doing well, but they're pretty much engaging in all the same activities they were prior to 2008... I wish we could actually get meaningful regulation, but it ain't gonna happen with this congress.

 

Those roads would be there anyway...and you'd have even more. ;)

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