Anyone else feel this way? (White, married, middle age, no kids.)
Anyone else feel this way? (White, married, middle age, no kids.)
Yup, except I have a kid.
Except when Obama made Obamacare, I paid a lot more for healthcare.
i love numbers wrote:
Yup, except I have a kid.
Except when Obama made Obamacare, I paid a lot more for healthcare.
Umm it was always that way unless you didn't have insurance before.
Though I am more worried about Trump than I have been other presidents, I've seen no real change in my life in the last 20+ years.
Dkysjdjysjysjye wrote:
Umm it was always that way unless you didn't have insurance before.
Or unless he was paying less for insurance before.
Diet soda will kill me wrote:
Anyone else feel this way? (White, married, middle age, no kids.)
if you have investments or a home you lost a fortune under Bush1 and especially bush2.
But Bush 2 and Obama probably cut your taxes.
but if your point is that prez is just one lever of power, that's true.
players 500 wrote:
Dkysjdjysjysjye wrote:Umm it was always that way unless you didn't have insurance before.
Or unless he was paying less for insurance before.
Duh. This.
Diet soda will kill me wrote:
Anyone else feel this way? (White, married, middle age, no kids.)
Most of the world's evils persist due to people deciding that things that affect others aren't their problem.
There are a few immediate impacts a president has. For example whether we go to war or not (although maybe the wars in the middle east have not affected you personally, somehow).
But a lot of the differences probably show up years later. For example Supreme Court nominations from long ago affect whether your gay friends have the right to get married or not (although maybe you don't have any openly gay friends).
Deregulation of past allowed the 2008 housing and financial crises to occur, which probably affected you somehow. Some of that deregulation can be traced to presidential leadership, for example Reagan's appointment of Alan Greenspan or repeal of Glass-Steagall on Clinton's watch.
There are probably better examples but that's what came to mind.
the long view wrote:
There are a few immediate impacts a president has. For example whether we go to war or not (although maybe the wars in the middle east have not affected you personally, somehow).
But a lot of the differences probably show up years later. For example Supreme Court nominations from long ago affect whether your gay friends have the right to get married or not (although maybe you don't have any openly gay friends).
Deregulation of past allowed the 2008 housing and financial crises to occur, which probably affected you somehow. Some of that deregulation can be traced to presidential leadership, for example Reagan's appointment of Alan Greenspan or repeal of Glass-Steagall on Clinton's watch.
There are probably better examples but that's what came to mind.
Great perspective. Thanks.
the long view has the RIGHT view. Great analysis.
I'm guessing the OP didn't buy a house between 2000 and 2006. Luckily I didn't either. But politicians hands on both sides are all over the financial crisis that resulted.
Diet soda will kill me wrote:
Anyone else feel this way? (White, married, middle age, no kids.)
Economically things changed in the 1970s and 80s. There was inflation and several recessions, capped off by the great recession of 2007-10, which has had a large and lasting impact across a wide spectrum in this country. Meanwhile, since the mid 1970s and early 1980s the income gap between the very rich and poor has grown and he middle class has shrunk, and it's harder to make due on a middle class income. That said, things haven't changed a whole lot for me from administration to administration, but the road is more and more difficult for those that are up and coming. Same for my spouse, a teacher. There is a backlash against teachers and education.
Rather than studying what they want we told our kids to pick a line of work that has good job prospects, so they picked health and STEM.
I dislike letsrunners. Arrogant, RWNJs it seems.
Diet soda will kill me wrote:
Anyone else feel this way? (White, married, middle age, no kids.)
I used to feel this way, right up until my health insurance doubled under Obamacare.
Before Obama/Romney'12, I took pride in voting for who I thought would best serve the country. 2012 and 2016 are the first times I voted out of a selfish interest.
Diet soda will kill me wrote:
Anyone else feel this way? (White, married, middle age, no kids.)
"Natural born" white people probably could not understand how much threat others feel from the president elect. I am in the process of naturalization. (I had an interview last month, waiting for the notice of ceremony date now.) And I am crossing my fingers that this thing could get done before the next Attorney General could take away any of my rights. I wish I could have got this done before the election day so that I could at least cast my vote of protest (not that it would have made any difference anyway.)
As for the past presidents, Clinton expanded the quota on H-1B, but also tightened some other immigration regulations. Bush 43 cut the quota, but loosened some other regulations. (He also gave me a $300/yr tax cut.)
Obama also gave me a small payroll tax cut. He gave me a much bigger tax credit for buying a home. Stock market has almost tripled since he took office, although I am not sure how much credit he should be given for.
Great post!
Old Man Runner wrote:
the long view has the RIGHT view. Great analysis.
Um. no.
Attributing the financial crisis solely to deregulation is a way too simplistic view of what happened.
As someone who was actively investing in real estate during this time, the main drivers were 'low/no doc', piggyback and 100%+ loans being underwritten by Fannie and Freddie along with the CRA which forced lenders to lend to low-income neighborhoods.
It was too much regulation that over-inflated the housing market. Not 'predatory lending' as many are told. It's virtually impossible to be predatory with TILA already in place.
Granted, there was probably too little regulation of the derivatives market (CDOs, CDSs, etc.). That significantly contributed to the downfall once the bubble was burst.
The reality, folks, is that regulation is not always a good thing, especially in the hands of lawyers and politicians.
I personally lose sleep thinking the Dodd and Frank wrote most of the regs post-crisis. That would be like having your wrestling coach write your marathon training plan. It does more harm than good.
Diet soda will kill me wrote:
the long view wrote:There are a few immediate impacts a president has. For example whether we go to war or not (although maybe the wars in the middle east have not affected you personally, somehow).
But a lot of the differences probably show up years later. For example Supreme Court nominations from long ago affect whether your gay friends have the right to get married or not (although maybe you don't have any openly gay friends).
Deregulation of past allowed the 2008 housing and financial crises to occur, which probably affected you somehow. Some of that deregulation can be traced to presidential leadership, for example Reagan's appointment of Alan Greenspan or repeal of Glass-Steagall on Clinton's watch.
There are probably better examples but that's what came to mind.
Great perspective. Thanks.
Deregulation as the reason for the housing crisis is a fable put forth by lying (what's new?) Democrats.
Do some independent research from unbiased sources to learn the real reasons.
Crooked Hillary wrote:
Deregulation as the reason for the housing crisis is a fable put forth by lying (what's new?) Democrats.
Do some independent research from unbiased sources to learn the real reasons.
I find it entertaining that the blame is put on the banks but never on the individuals who stupidly leveraged themselves into oblivion.
I love this one...people say this all the time.
But, have you imagined what you might be paying without Obamacare?
http://www.factcheck.org/2015/02/slower-premium-growth-under-obama/