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Does everyone realize how well and truly fucked the 99% are? [View All]

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MannyGoldstein Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 07:34 PM
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Does everyone realize how well and truly fucked the 99% are?
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Edited on Mon Jul-25-11 07:39 PM by MannyGoldstein
Right now we're generally focused on the unabashed theft of our Social Security savings. And this is reasonable, because it's so black and white: there is no question, based on the numbers and the talk, that it is pure theft.

The bigger but more subtle problem is that we're in a full-blown depression, and this fully-fake crisis is going to make that even more catastrophic. Real unemployment, calculated as it was before Clinton re-jiggered the numbers to remove "discouraged" workers, is now more than 15%. And based on the recent job creation figures, real unemployment is already increasing at a good clip. Despite what the lunatics, pinheads and liars say, government spending is very efficient at creating and maintaining good jobs. Slashing government spending even more, as both parties now say must be done, will accelerate unemployment even more.

So more people in poverty. With unemployment, health care, and Social Security benefits cut. I guess it sucks to not have cash to pay off politicians, so here we are: pretty well fucked.

Good luck to us all.
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