Great bad news from CNBC

[Laura PourMeADrink]

https://www.cnbc.com/2019/06/14/many-americans-say-their-finances-are-worse-since-the-great-recession.html

Many Americans say their financial situation is worse since the Great Recession
PUBLISHED 4 HOURS AGOUPDATED 2 HOURS AGO
Annie Nova
@ANNIEREPORTER


KEY POINTS
The Great Recession has been over for a decade.
Yet many people’s finances haven’t recovered from the recession’s blows, according to a new survey by personal finance website Bankrate.com.

“Even a modest downturn is going to cause further harm to Americans personal finances,” said Mark Hamrick, senior economic analyst at Bankrate.com.

More at link

[Achilleaze]

1. Thanks a diaperload, republicans

This is all on you.

[Laura PourMeADrink]

4. They screw it up, we fix, they screw it up, we fix it. Maybe

There is something to letting them have it crash during THEIR term. Not close to election like bush did

[trev]

2. But ... but ...

this is the bestest economy ever!

[progressoid]

3. It's Obama's fault.

[SWBTATTReg]

5. Mine never did, nor did my former company's finances (I retired since). Now, on my own...

since I've retired, I've paid for everything, don't really have any bills to speak of (the small utility bills), not interested in traveling, downsized to a smaller home (so happy too), and am putting more into savings than I did when I was working. Go figure.

It does seem like everything keeps going up, and this president's idiotic actions on Iran, the tariffs, Mexico BS, etc. isn't helping one bit. Not one bit. The cost of everything is creeping up because of the 'uncertainty' factor (businesses get worried about reliable supply chains, distribution costs, etc. (higher insurance costs, etc.)). So anything we've all gained in increases in our income are long gone, except, funny enough, Jared, rump, and their other crooked cronies.

Also, thank you for posting!!

[Farmer-Rick]

6. There are no decent paying jobs.

Factory work was always awful but it paid a better than a living wage if you stayed long enough. Now, even the handful of manufactoring jobs out there pay minimum wage to start.

And huge monopolistic corporations fill every niche of every market so that you can't start your own business without competing with a bohemith sized corporate monopoly........even farming. Essential to life needs are turned into profit centers for some rich heiress or capitalist king sucking out the wealth of local communities.

And who got bailed out after the crash? It wasn't the majority of the American people. It wasn't even a 10th of the people. But hey, Occupy and Acorn were killed off for daring to point this out.

[Takket]

7. But... but...

I thought giving out another trillion dollars to the rich and corporation to buy back their own stock fixed everything....

[Wellstone ruled]

8. Had three Grand Kids

Graduate from High School in the last three weeks. That was great for the Kids as they claimed until they started looking for full time work in order to pay for school this fall or part of it. All kinds of Retail Part time12-15 hours per week with rotating Schedules. Yah,that is not going to work out to well. Plus,travel is not figured into this sucky jobs.

[redstatebluegirl]

9. But yet some of the people who are doing the worst keep voting against their interests.