I saw a survey and 75% of the people still think we are in a recession.
Funny isn't it, how we are seeing the highest #s our stock market has ever seen, and yet just because it goes down a few notches, like every other cycle on this plannet, people lose their $h!t and blame the president for it. Hahaha. The stock market has had an upward slope since the 1930s. Even when it goes down a bit, it will still be compensated for in the future. The stock market is nothing but a game. It is designed to fund companies through the notion that you have part "ownership" to raise funds for the company.
That's why it's crazy to me that these corps make money not only on the products they sell, but also on their ROI and stock share, how much the percieved worth of the company is to the public. The company could be a huge pump n dump sceme who doesn't even sell a product and you could still make 1000s off them by playing them right in the market when their popularity of name gets flashed in the media (HEMP). The stock market is seriously the best type of "gambling" you can find. I always tell people, if you hate a corporation sooooo badly, invest in their stocks and make money off them hahaha.
Like I said, employers aren't paying people fair wages in this economy, people are forced to take petty jobs with low wages, and if the standard of living goes down because of that it will be a huge problem in society. That is why it seems like we are going down hill although, right now actually our economy is fairly stable and manufacturing has increased over the last 2 years.
The thing is, more and more young people are getting college degrees, that's great, what is not great is the government biting us in the prettythang$ for it. I'm 23, a recent BBA graduate, and first it was tough to even find a "corperate" position. Now I'm an accountant. This company of course takes advantage of me because of age and experience. I get that. It's a great learning experience though. But why the F do I pay 24% in taxes on top of $300 monthly student loans. Does our government really think I can afford this crap, and live my life as an "adult" not living in my parents house anymore when I have to give half my pay check away every month?
When you kill the monetary achievement of success to the masses. They will become irritiable and upset, our society will form into medicracy and half wit workers who don't care. Companies take all the fun out of our lives and expect us to bow down and work hard for them, spend countless hours away from family and freeness to barely afford to live. Work these days is becoming a burden to the way we should be living, it is crushing the american soul. Mark my words, in the next 10 years, when my whole generation is done with school and are paying loans and working in restaurants still or if companies do not increase living wages or decrease the amount of hours In a work week. You are gonna see our whole country turn into Detroit.
Business owners need to realize that just because they made 30,000 when they were my age, that is not the same level of compensation in today's standards and this is the major problem our country faces right now.