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kouichisan (Offline)
おす!
 
Posts: 238
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01-07-2009, 07:57 PM

something interesting if u can understand it...

FNN News: Hundreds of temporar...

its a bit old now... but i think its relevant.
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Sangetsu (Offline)
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Location: 東京都
01-08-2009, 09:29 AM

The economy will recover, and the basics for a recovery have already come into being. Lower fuel/energy prices, lowered food and commodities prices, lower real estate prices, and the "bailout" of American banks, which has allowed banks to rid themselves of "toxic" paper (mortgage backed securities).

So far Obama hasn't done anything to interfere. He has postponed his plan to increase taxes on the rich (apparently, contrary to his election speeches, taxing the rich does not help the economy), and he has planned to lower withheld taxes from those earning smaller incomes.

The results will be slow to take effect, probably 2 to 3 years, but things will get better.


As for what someone said about a person with a mortgage and other debts getting into trouble after losing their job, yes, that is their fault. Who else is there to blame?

100 years ago there were no such things as pensions or social security. People saved what money they could so they would be on hand in case they ever had a problem. In 1980 about 20% of Americans saved 10% of their income, that number in 2005 had fallen to about 2%. Apparently, personal responsibility (particularly about financial matters) has become lost on Americans.
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Wasabista (Offline)
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Join Date: Jun 2008
Location: Saitama
01-10-2009, 07:19 AM

Sangetsu, your point about the causes of homelessness rings true. In Toronto, one of my home cities, most of the homeless are either addicts or mentally ill (or both). These people need proper intervention in the form of hospital care and treatment.

For the others, in many cases it's a personal choice. That may sound bizarre, but in the business district around King and Bay Sts. beggars can clear up to 300 dollars a day, tax free. (a bit off topic though, because some of these "homeless" live in nice apartments, to which they return after their "working" day.)


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