jsage's Blog

Diddo Dwheeler

My answer is "no" - it's lower. And the percentage of income that I use for necessities is WAY higher than it was in 2000. Disposable income for most people is less and sinking.

I think you have this backwards - it's the GOP who doesn't want people to consider how badly Bush and Friends have screwed up this country.

About the same , i,m retired

Our net worth is higher. After the housing market dropped in the past year our home is worth $60,000 more than in 2000. Even the value of my used car $3000 I bought 5 years ago has only gone down to $2000. The family income has increased even though the companies we were working for has changed. One former employor was forced to sell out to a larger corporation because of mismanagement of company funds and budgets. Spouses company he worked for downsized and sent jobs overseas (bunch of Democrats/Liberals ran that company. Fortunately spouse got out before it happened. When completed we will double our money for the siding and windows we are installing on our home, increasing the value more. We own four vehicles now instead of two in 2000, all but one paid in full.

My net worth is certainly more than it was in 2000. Jsage, you forgot to mention that you also need to subtract all your liabilities (such as how much you owe on your house, cars, credit cards, etc.).

No, jsage, you've got it wrong on this one.

The Democrats WANT voters to ask themselves that question. They NEED voters to ask themselves that question. Forget "better off", just using "net worth", yes voters need to ask themselves that question and the answer is obvious.

But I'll answer it for you, anyway. If you work for a living, if you do essentially anything that actually produces something or contributes something to productivity, then you have seen your INCOME and probably your net worth (home values down, etc.) GO WAY DOWN.

Of course, however, if you play paper games with money and are into businesses that actually don't create a thing or contribute anything useful at all, such as health insurance sales or day trading or oil stock investing, THEN, of course, you are probably worth MUCH MUCH more now!

Many workers, for example, have lost their homes to foreclosures, but the little leeches who buy foreclosed property and turn it for a profit are doing FABULOUS right now!

The problem for Republicans is, MORE people actually work for a living and are in decline than there are people who play silly games with their inherited money for profit. Those who have profited off the economy ruined by the Republican agenda are not representative of the average working American.

I guess that's kinda like saying that new Republican VP nominee, Sarah Palin, is representative of the "average soccer mom" when she shoots high-power assault rifles and hunts cariboe. I got kind of a kick out of that one! Yep, can't get no more average soccer mom than that! Heck, p

First you do have to substract your liabilites. Most of the foreclosers or on homes that were not owned in 2000 by the people that are being foreclosed on. Most home today are worth more then they were in 2000. Sarah is a rep of a union household. My wife only uses a 20/20 when she hunts.

littlebow I didn't ask if you are better off. The question is;is your net worth higher then it was in 2000? Also housing values in most cases are higher then in 2000.

rhrealestate that would only be true if your net worth stayed the same. In most cases net worth went up more then inflation.

Wow , how is it the Republicans fault people bought houses they could never afford?
I bought my house with the consideration of inflation and Insurance going up due to appreciation and I can still make my payment even though it has risen significantly.
I'm sorry for all the "stupid" people who took out loans they could never possibly repay. That is personal responsibility , not the government, Republican or Democrat.

Since you bring it up though , who made the changes in the policies that allowed all of these fly by night outfits to make such loans.

All you Democrats get on your search engines and answer that one !!!

You all got fleeced by the greed of the few at the top and now want to blame someone else.
The real estate guys got fat on commissions and they get to keep them.
You have nothing and we now have to bail out the same people who put the profits in their pockets.
Blame yourselves first for being greedy and stupid.
Blame the people who made the policies and allowed it second.
Now that you've looked in the right closets, if you can blame Bush , or any other Republican , present your links and facts.

Stop whining and expecting everyone else to do it for you.
That's exactly why the Democrats succeed.
You want everyone else to take care of you instead of you making the efforts yourself.
If we stopped taking care of everyone and giving them everything , we'd all have a lot more money and less taxes.
I'm all for helping those who need help , in fact much more than we do now.
But , giving to those who are perfectly capable of producing themselves