Does anyone else feel like we are the precipice of economic calamity?

[Anonymous]

Middle class are not buying those cars. You don't even get what middle class is. Middle class are stressed over grocery prices and paying for gas.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Subaru is offering 2.9% financing. Were you on one of those “Johnny says YES to bad credit!” sites?

Toyota

The Toyota dealership in N. Arlington are thieves, they are marking up the MSRP by thousands - it's just greed. It's disgusting that Toyota allows the dealership to drive away customers for good.

Supply and demand, baby. Don’t like it, go somewhere else.

Car dealerships are going to change their sales model post-pandemic. They will keep fewer cars on the lot, you’ll have to order versus driving it off same day, and they will continue with the scarcity model because, if they can make more money selling one car than three, who bother with the other two? There will be no more haggling for below sticker pricing and a page of incentives.

Why are dealerships needed, anyway. Customers should be able to order straight from the factory and have cars delivered to their homes. Soon, dealerships as we know them will be extinct. They will be mere showrooms. Dealers see the handwriting on the wall and are trying to make money while they can.

Essentially the Tesla model. We have bought 2 and never set foot in a dealer or had to deal w/ shopping around or pushy sales people

[Anonymous]

I don't see a calamity but I do see long decline.

Let's learn from the Brits (or the Romans) how to delay the inevitable.

[Anonymous]

Things will be difficult for the US but Europe is in far worse shape and nobody is really talking about it. Electricity prices have gone parabolic there- just in time for winter. I understand individual households get some sort of credit towards the bill but many will not be able to afford to heat their homes. Some will die. Businesses do not get any energy credit and many, especially small businesses, will be forced to close due to not being able to pay the bills. Business closures/job losses combined with record energy prices into winter does not sound like a good combination.

[Anonymous]

Anonymous wrote:Things will be difficult for the US but Europe is in far worse shape and nobody is really talking about it. Electricity prices have gone parabolic there- just in time for winter. I understand individual households get some sort of credit towards the bill but many will not be able to afford to heat their homes. Some will die. Businesses do not get any energy credit and many, especially small businesses, will be forced to close due to not being able to pay the bills. Business closures/job losses combined with record energy prices into winter does not sound like a good combination.

Some/ many.

Thank you Mr. Biden for running the most incompetent administration in recent US history.

I guess we have to be thankful we're not Afghanistan.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Things will be difficult for the US but Europe is in far worse shape and nobody is really talking about it. Electricity prices have gone parabolic there- just in time for winter. I understand individual households get some sort of credit towards the bill but many will not be able to afford to heat their homes. Some will die. Businesses do not get any energy credit and many, especially small businesses, will be forced to close due to not being able to pay the bills. Business closures/job losses combined with record energy prices into winter does not sound like a good combination.

Some/ many.

Thank you Mr. Biden for running the most incompetent administration in recent US history.

I guess we have to be thankful we're not Afghanistan.

Do you know how many Europeans died this summer from heat?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Things will be difficult for the US but Europe is in far worse shape and nobody is really talking about it. Electricity prices have gone parabolic there- just in time for winter. I understand individual households get some sort of credit towards the bill but many will not be able to afford to heat their homes. Some will die. Businesses do not get any energy credit and many, especially small businesses, will be forced to close due to not being able to pay the bills. Business closures/job losses combined with record energy prices into winter does not sound like a good combination.

Some/ many.

Thank you Mr. Biden for running the most incompetent administration in recent US history.

I guess we have to be thankful we're not Afghanistan.

You know Joe Biden is not the president of Europe, right?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Things will be difficult for the US but Europe is in far worse shape and nobody is really talking about it. Electricity prices have gone parabolic there- just in time for winter. I understand individual households get some sort of credit towards the bill but many will not be able to afford to heat their homes. Some will die. Businesses do not get any energy credit and many, especially small businesses, will be forced to close due to not being able to pay the bills. Business closures/job losses combined with record energy prices into winter does not sound like a good combination.

Some/ many.

Thank you Mr. Biden for running the most incompetent administration in recent US history.

I guess we have to be thankful we're not Afghanistan.

You know Joe Biden is not the president of Europe, right?

You know it was his WH who signed that surreal memo with Ukraine back in November breaking previous (and pretty logical) assurances to Russia, don't you?

Imagine what JFK would have done if the USSR would have signed and PUBLICIZED a memo promising as many nuclear heads as Cuba wanted.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes, of course. this always happens with liberal administrations. duh

+1

Republicans suck at economy. Well, really they suck at everything that isn't enriching old, white, rich dudes.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:For the UMC, things will continue to be fine. For the MC, LMC, and the poor, things have been bad for a while and will continue to get worse.

It’s been a tale of two cities for a while OP.

Job seekers are now looking for $20/hr. They're done with $15/hr, that's not enough.

Yes, prices are going up. So are wages. No one is happy - but isn't that good?

damn stupid workers wanting to make a living wave, right PP?

Unless you are freeloading off mom and dad, you can't keep a roof over your head around the DMV at $20 per hour.

So where does it end? Do all of these “living-wage” activists think employers aren’t going to simply respond by hiring fewer people (and having them do more work) or get more robots? Pretty soon there will be no true entry level jobs left. And that will be a great loss for everyone, especially for young people and others who need to get on that first rung of the ladder.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:For the UMC, things will continue to be fine. For the MC, LMC, and the poor, things have been bad for a while and will continue to get worse.

It’s been a tale of two cities for a while OP.

Job seekers are now looking for $20/hr. They're done with $15/hr, that's not enough.

Yes, prices are going up. So are wages. No one is happy - but isn't that good?

damn stupid workers wanting to make a living wave, right PP?

Unless you are freeloading off mom and dad, you can't keep a roof over your head around the DMV at $20 per hour.

So where does it end? Do all of these “living-wage” activists think employers aren’t going to simply respond by hiring fewer people (and having them do more work) or get more robots? Pretty soon there will be no true entry level jobs left. And that will be a great loss for everyone, especially for young people and others who need to get on that first rung of the ladder.

This is not what reasonable economists predict what will happen by keeping entry-level wages closer to historical inflation-adjusted norms. Which is what a living wage is. Automation is a real threat, but it's not living wage activists that are causing that threat. It will come regardless of what we do and better to fight for workers' rights in the face of automation than not.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Things will be difficult for the US but Europe is in far worse shape and nobody is really talking about it. Electricity prices have gone parabolic there- just in time for winter. I understand individual households get some sort of credit towards the bill but many will not be able to afford to heat their homes. Some will die. Businesses do not get any energy credit and many, especially small businesses, will be forced to close due to not being able to pay the bills. Business closures/job losses combined with record energy prices into winter does not sound like a good combination.

Some/ many.

Thank you Mr. Biden for running the most incompetent administration in recent US history.

I guess we have to be thankful we're not Afghanistan.

Do you know how many Europeans died this summer from heat?

It is well known that far more people die of cold than heat.

Take this article describing a Lancet study showing that each year there were 75 times more excess deaths from cold than excess deaths from heat in England and Wales in the last 20 years or so.

"Each year in England and Wales, there were on average nearly 800 excess deaths associated with heat and over 60,500 associated with cold between 2000 and 2019, according to a new study published in The Lancet Planetary Health."

https://www.lshtm.ac.uk/newsevents/news/2022/both-heat-and-cold-increase-risk-death-england-and-wales-rates-vary-across

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Things will be difficult for the US but Europe is in far worse shape and nobody is really talking about it. Electricity prices have gone parabolic there- just in time for winter. I understand individual households get some sort of credit towards the bill but many will not be able to afford to heat their homes. Some will die. Businesses do not get any energy credit and many, especially small businesses, will be forced to close due to not being able to pay the bills. Business closures/job losses combined with record energy prices into winter does not sound like a good combination.

Some/ many.

Thank you Mr. Biden for running the most incompetent administration in recent US history.

I guess we have to be thankful we're not Afghanistan.

Do you know how many Europeans died this summer from heat?

It is well known that far more people die of cold than heat.

Take this article describing a Lancet study showing that each year there were 75 times more excess deaths from cold than excess deaths from heat in England and Wales in the last 20 years or so.

"Each year in England and Wales, there were on average nearly 800 excess deaths associated with heat and over 60,500 associated with cold between 2000 and 2019, according to a new study published in The Lancet Planetary Health."

https://www.lshtm.ac.uk/newsevents/news/2022/both-heat-and-cold-increase-risk-death-england-and-wales-rates-vary-across

I've read your article and I think one of us is misreading it. It seems insane to say that each year in England, 60000 people die of cold-related deaths. Wow! They need to do something!

For reference, in the US, "Overall, a total of more than 19,000 Americans have died from cold-related causes since 1979, according to death certificates."

https://www.epa.gov/climate-indicators/climate-change-indicators-cold-related-deaths#:~:text=Overall%2C%20a%20total%20of%20more,1979%2C%20according%20to%20death%20certificates.

What are they including in "cold-related deaths"? Exposure and frostbite? Pneumonia? Because having a cold house is uncomfortable but not fatal - whereas not having air conditioning in your house in a heat wave is fatal, that is how thousands of people in Europe died this summer.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Things will be difficult for the US but Europe is in far worse shape and nobody is really talking about it. Electricity prices have gone parabolic there- just in time for winter. I understand individual households get some sort of credit towards the bill but many will not be able to afford to heat their homes. Some will die. Businesses do not get any energy credit and many, especially small businesses, will be forced to close due to not being able to pay the bills. Business closures/job losses combined with record energy prices into winter does not sound like a good combination.

Some/ many.

Thank you Mr. Biden for running the most incompetent administration in recent US history.

I guess we have to be thankful we're not Afghanistan.

Do you know how many Europeans died this summer from heat?

It is well known that far more people die of cold than heat.

Take this article describing a Lancet study showing that each year there were 75 times more excess deaths from cold than excess deaths from heat in England and Wales in the last 20 years or so.

"Each year in England and Wales, there were on average nearly 800 excess deaths associated with heat and over 60,500 associated with cold between 2000 and 2019, according to a new study published in The Lancet Planetary Health."

https://www.lshtm.ac.uk/newsevents/news/2022/both-heat-and-cold-increase-risk-death-england-and-wales-rates-vary-across

I've read your article and I think one of us is misreading it. It seems insane to say that each year in England, 60000 people die of cold-related deaths. Wow! They need to do something!

For reference, in the US, "Overall, a total of more than 19,000 Americans have died from cold-related causes since 1979, according to death certificates."

https://www.epa.gov/climate-indicators/climate-change-indicators-cold-related-deaths#:~:text=Overall%2C%20a%20total%20of%20more,1979%2C%20according%20to%20death%20certificates.

What are they including in "cold-related deaths"? Exposure and frostbite? Pneumonia? Because having a cold house is uncomfortable but not fatal - whereas not having air conditioning in your house in a heat wave is fatal, that is how thousands of people in Europe died this summer.

I didn't read the article but assuming PP's quote is correct, it's 60,000 over 19 years for cold (or ~3180/yr) vs 800 heat deaths per year. Poor wording. Regardless, few in Europe will be able to afford heat this winter and the number who die will be much higher than the historical average.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Things will be difficult for the US but Europe is in far worse shape and nobody is really talking about it. Electricity prices have gone parabolic there- just in time for winter. I understand individual households get some sort of credit towards the bill but many will not be able to afford to heat their homes. Some will die. Businesses do not get any energy credit and many, especially small businesses, will be forced to close due to not being able to pay the bills. Business closures/job losses combined with record energy prices into winter does not sound like a good combination.

Some/ many.

Thank you Mr. Biden for running the most incompetent administration in recent US history.

I guess we have to be thankful we're not Afghanistan.

Do you know how many Europeans died this summer from heat?

It is well known that far more people die of cold than heat.

Take this article describing a Lancet study showing that each year there were 75 times more excess deaths from cold than excess deaths from heat in England and Wales in the last 20 years or so.

"Each year in England and Wales, there were on average nearly 800 excess deaths associated with heat and over 60,500 associated with cold between 2000 and 2019, according to a new study published in The Lancet Planetary Health."

https://www.lshtm.ac.uk/newsevents/news/2022/both-heat-and-cold-increase-risk-death-england-and-wales-rates-vary-across

True, and that's why many innocent Ukranians and Europeans in general are going to die this winter as a result of US-Russia imperialistic tensions.