Wall St is terrified of Sen. Warren - Page 10 - Politics and Economics

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Wall St is terrified of Sen. Warren

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04-15-2015 , 06:09 PM

#226

LetsGambool

banned

Join Date: Jan 2007 Posts: 26,568

Quote:

Originally Posted by PoundingTheUnder

ABSURDLY DIFFICULT. what a dickhead! 50/semester commuter schools, free everything in california. you're out of your mind.

and of course these other factors are why i admit i'd stay in today.

% of college graduates today vs. 1970s way up or way down? Given it was so easy to go to college then vs. now, probably way down now right?

04-15-2015 , 06:11 PM

#227

ikestoys

banned

Join Date: Nov 2006 Posts: 94,424

Quote:

Originally Posted by PoundingTheUnder

ABSURDLY DIFFICULT. what a dickhead! 50/semester commuter schools, free everything in california. you're out of your mind.

and of course these other factors are why i admit i'd stay in today.

Cheap options exist to go to school today too. The only difference is that people actually have access to any accredited school now.

04-15-2015 , 06:13 PM

#228

PoundingTheUnder

banned

Join Date: Jan 2015 Posts: 1,738

oh... whaaaa.... let me cry, gas went from 40c to 80c, what am i gonna do? oh... right... i make 800/wk.

04-15-2015 , 06:14 PM

#229

PoundingTheUnder

banned

Join Date: Jan 2015 Posts: 1,738

Quote:

Originally Posted by LetsGambool

% of college graduates today vs. 1970s way up or way down? Given it was so easy to go to college then vs. now, probably way down now right?

doesn't prove anything. you could have a great life w/o college. so of course fewer people went.

04-15-2015 , 06:27 PM

#230

formula72

Pooh-Bah

Join Date: Mar 2007 Posts: 5,065

Quote:

Originally Posted by PoundingTheUnder

20/hr in the ****ing 70's? yep... they were living like dickheads. we're clearly the first generation to have it worse than our parents.

granted, if you were white and weren't able to work some brutally physical work. it might be more difficult to live the dream, but not really, go to some 50/semester commuter college, boom, reasonable life.

we used to be known for our mobility. now... not so much.

20/hour? No where near an average wage.

If you were able to pull in 20k in the year, you were positioned well. The music was better then, start there.

04-15-2015 , 06:48 PM

#231

suzzer99

Save the Cheerleader, Save the World

Join Date: Nov 2005 Posts: 100,710

You could buy a 4 bedroom house in SF for $30k in the 70s.

04-15-2015 , 06:59 PM

#232

Peter Porker

old hand

Join Date: Oct 2013 Posts: 1,877

Quote:

Originally Posted by PoundingTheUnder

.
i can't even comprehend how ****ing great my father's generation had it. of course there were some social unrests, you might get sent to a war, but god dammit, at least you could live the american dream (if you were white, and you were willing to bust your ass).

04-15-2015 , 08:48 PM

#233

mrbaseball

Carpal \'Tunnel

Join Date: Feb 2003 Posts: 13,672

Don't forget about mortgage rates either when reliving the "glory" days.

http://www.nytimes.com/1981/04/28/bu...5-in-1970.html

Quote:

Mortgage interest rates for the last half of 1981 are expected to range from 14.5 percent to 15.5 percent, with money remaining tight, according to Jackson Goss, president and chief executive officer of the Investors Mortgage Company of Boston

04-15-2015 , 09:06 PM

#234

raradevils

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Join Date: Mar 2007 Posts: 8,189

Quote:

Originally Posted by mrbaseball

Don't forget about mortgage rates either when reliving the "glory" days.

http://www.nytimes.com/1981/04/28/bu...5-in-1970.html

People today have no clue how bad it was to borrow money. I bought my first used car in the spring of 1980. The interest on the loan was 23%.

04-15-2015 , 09:29 PM

#235

formula72

Pooh-Bah

Join Date: Mar 2007 Posts: 5,065

At that time, I believe that there was something to be said for "dealing with life's issues". Your water heater goes out, garbage disposal dead, circuit panel out, toilet leaking. You couldn't google back then. Its like getting stuck in Metroid and not being able to call 1-800 Nintendo to cheat your way out of it. You were able to do so but it took that elbow grease to do so.

04-16-2015 , 03:18 AM

#236

[Phill]

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Join Date: Jun 2004 Posts: 52,717

Yeah but the something to be said is "I'm glad those days are over and I can just YouTube a fix for the water heater".

04-16-2015 , 10:08 AM

#237

Noze

Carpal \'Tunnel

Join Date: May 2012 Posts: 25,711

Yeah I'm going to heartily lol at romancing the 60s/70s.

04-16-2015 , 11:18 AM

#238

PoundingTheUnder

banned

Join Date: Jan 2015 Posts: 1,738

warren putting in dat work.

Quote:

In a speech delivered on April 15 at the Levy Institute's 24th annual Hyman Minsky conference, Warren laid out the most comprehensive and ambitious version of her agenda yet.

http://www.vox.com/2015/4/15/8420789...n-prosecutions

04-16-2015 , 11:23 AM

#239

PoundingTheUnder

banned

Join Date: Jan 2015 Posts: 1,738

Quote:

Originally Posted by Noze

Yeah I'm going to heartily lol at romancing the 60s/70s.

there was never a better time to be a working-stiff in this country.

04-16-2015 , 11:42 AM

#240

raradevils

Carpal \'Tunnel

Join Date: Mar 2007 Posts: 8,189

Quote:

Originally Posted by PoundingTheUnder

there was never a better time to be a working-stiff in this country.

the 70's were so good there was a misery index:

http://www.pbs.org/wgbh/americanexpe...teachersguide/

PTH psychedelic were used back then did you come across an old stash?

04-16-2015 , 11:46 AM

#241

grizy

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Join Date: Dec 2006 Posts: 20,796

The standard of living of an average working stiff is wayyyyyyyyyyyyy higher than one in the 60s and 70s

04-16-2015 , 11:46 AM

#242

suzzer99

Save the Cheerleader, Save the World

Join Date: Nov 2005 Posts: 100,710

I just want 60s/70s housing and education prices back. They can keep everything else. Ecstasy blows away acid any day. Even free love was tainted with having to listen to her crazy hippy bull**** and hack through a jungle bush.

I think the first thing any traveller from now to the 70s would notice would be the over-powering smell of cigarette smoke EVERYWHERE.

04-16-2015 , 11:53 AM

#243

raradevils

Carpal \'Tunnel

Join Date: Mar 2007 Posts: 8,189

Quote:

Originally Posted by grizy

The standard of living of an average working stiff is wayyyyyyyyyyyyy higher than one in the 60s and 70s

no to mention working conditions

04-16-2015 , 11:57 AM

#244

PoundingTheUnder

banned

Join Date: Jan 2015 Posts: 1,738

Quote:

Originally Posted by grizy

The standard of living of an average working stiff is wayyyyyyyyyyyyy higher than one in the 60s and 70s

like phil said. even 3rd world countries in SE asia have a/c, tv, internet, etc.

clearly you're out of your mind. 1 worker, little debt, etc. that period was the best time to be a working stiff in the entire history of this country.

if your washer broke, you just went and paid cash out of your sizable nest egg for a new one.

04-16-2015 , 12:00 PM

#245

PoundingTheUnder

banned

Join Date: Jan 2015 Posts: 1,738

Quote:

Originally Posted by raradevils

the 70's were so good there was a misery index:

http://www.pbs.org/wgbh/americanexpe...teachersguide/

PTH psychedelic were used back then did you come across an old stash?

yaya, if that's misery, WFT is this (modern times)?

04-16-2015 , 12:04 PM

#246

Noze

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Join Date: May 2012 Posts: 25,711

Not really feeling the draft at all.

04-16-2015 , 12:07 PM

#247

ikestoys

banned

Join Date: Nov 2006 Posts: 94,424

Quote:

Originally Posted by PoundingTheUnder

citations needed.

You, again, are trading absolute improvements in peoples lives for relative improvements in your perceived social status... and frankly, that's ****ing pathetic.

04-16-2015 , 12:18 PM

#248

PoundingTheUnder

banned

Join Date: Jan 2015 Posts: 1,738

Quote:

Originally Posted by Noze

Not really feeling the draft at all.

i'd be fine with a draft again. i doubt the people would let our leaders drag us into another iraq w/o major protests.

if everyone has some skin in the game, it's got to be more difficult to take us into BS wars.

04-16-2015 , 12:23 PM

#249

ikestoys

banned

Join Date: Nov 2006 Posts: 94,424

oh yeah, that's how we managed to avoid war so effectively in the 50s/60s/70s.

04-16-2015 , 12:38 PM

#250

PoundingTheUnder

banned

Join Date: Jan 2015 Posts: 1,738

it makes sense to me that we'd be less easily dragged into unnecessary war if it's your kid, your brother, your boyfriend, who will be fighting it.

i doubt iraq would have went down if we had to draft people to fight the war, not just sent some kid from a disadvantaged background who didn't have any better prospects.

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