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Are you better off now than 4 years ago?

Hell yes, and yes. The former is better than I deserve, the latter needs work but has improved even in the face of significant problems...
 
Let me help you with that...

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I'm a small business in the oil and gas industry so no I'm not better off, but it's all relative. Happy to be vertical. I would say no on America being better off. We lived in a fooked up world and our country is no different.
 
I don't believe we are better off. While incomes and employment have shown signs of improvement, I have to wonder how much of that is simply a by-product of interest rates being 4% lower than in the Bush years. Its been 7 years since we've hit bottom, and the best the current crop of politicians can do is recover one quarter of 1% of the fed interest rate. That's not a recovery.

Justin
 
I'm not. Income roughly same, but paying more in taxes, health care (until this year when I could switch to hdhp plan w/ hsa) and my kids are costing more.
 
We are giving away capital to anyone who wants it via basically 0% fed rates, and have been for the past 8 years, yet we get 1% GDP (which is basically accounted for in population and immigration growth). If this isn't proof that the Keynesian economic recovery strategy failed to work, then I don't know what is.

Justin
 
We are giving away capital to anyone who wants it via basically 0% fed rates, and have been for the past 8 years, yet we get 1% GDP (which is basically accounted for in population and immigration growth). If this isn't proof that the Keynesian economic recovery strategy failed to work, then I don't know what is.

Justin
What you just described was a Monetarist economic recovery strategy. Friedman not Keynes.
No one has given any capital away to me.
 
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