Standard and Poor's downgrades US to AA+

[jms62]

Originally Posted by Clip-Clop

Grandparents for me actually. FDR was dealing with a completely different economic scenario and breed of American than we have today. The sense of entitlement that has imprinted itself on the psyche of the modern resident of this country is absolutely embarrassing.

The difference is they knew when the economy turned around the jobs would come back... We don't have that today.. Too many people for far too few jobs. London is our future and it will happen sooner rather than later.

[jms62]

Market just shat itself again/

[Riot]

Originally Posted by jms62

Market just shat itself again/

Don't forget they all shorted, and were profit-taking last few days, too.

[Clip-Clop]

Originally Posted by jms62

The difference is they knew when the economy turned around the jobs would come back... We don't have that today.. Too many people for far too few jobs. London is our future and it will happen sooner rather than later.

I am with you on the too many people and the likely hood of London type behaviors finding their way around. What is it that makes you think that jobs will never return? You seem like a reasonable person and I am actually curious and happy to hear and debate your opinions.
Also what would be your plan for creation of jobs?
It has to fall on the private sector one way or another, no?