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As consumer confidence craters to early-2009 levels, confidence in the U.S. government also hits...

As consumer confidence craters to early-2009 levels, confidence in the U.S. government also hits frightening depths, as Congress’ approval rating hits 9%, according to the latest NYT/CBS poll. 89% don’t believe government will do the right thing, two-thirds say income should be more equally distributed, and two-thirds object to tax cuts for corporations.
Comments (11)
  • Stone Fox Capital
    , contributor
    Comments (6186) | Send Message
     
    funny how people don't understand where there paychecks come from.
    26 Oct 2011, 10:26 AM Reply Like
  • Terry330
    , contributor
    Comments (867) | Send Message
     
    If your company CEO makes 28 million, he is left to decide to pay you $8.00 per hour or $9.00.
    26 Oct 2011, 10:59 AM Reply Like
  • Tom Armistead
    , contributor
    Comments (5367) | Send Message
     
    No, it's more complex than that. He also has to figure out whether to send your job to China, Viet Nam, Thailand or Malaysia.
    26 Oct 2011, 11:01 AM Reply Like
  • Duude
    , contributor
    Comments (3376) | Send Message
     
    If a company can actually retain you with pay of $8 or $9 an hour, the problem isn't the CEO rather your lack of skills, experience, intelligence, efficiency, or ambition. Cruising through high school to earn a rubber-stamp diploma is the entrance fee to an economy overfilled with commoditized unskilled workers. In a competitive global marketplace it will, and should be, the more ambitious and clever that will rise. The lazy and stupid will have earned their deserved fruits. We've all seen the wisdom of entitlement for all play out in Greece, Italy, and Spain. This is life. Deal with it.
    26 Oct 2011, 11:26 AM Reply Like
  • Tom Armistead
    , contributor
    Comments (5367) | Send Message
     
    Congratulations to you sir, you go to the head of the class, definitely you should be making the decisions about who gets the jobs and where they go.
    26 Oct 2011, 02:36 PM Reply Like
  • Tom Armistead
    , contributor
    Comments (5367) | Send Message
     
    It looks like the public has this one figured out. Congress is inept and dysfunctional, as illustrated by the debt ceiling debacle.

     

    The conflict here is between doing what they're paid to do and doing what is good for the country.

     

    Clearly our elected representatives know who is most likely to let them continue their employment.
    26 Oct 2011, 10:31 AM Reply Like
  • Poor Texan
    , contributor
    Comments (3530) | Send Message
     
    However, we have great leadership from our campaigner in chief:-( We have three branches of government and no cooperation between them. Whose fault is that?
    26 Oct 2011, 02:14 PM Reply Like
  • Tom Armistead
    , contributor
    Comments (5367) | Send Message
     
    The Republicans - they reject their own ideas if Obama offers them as solutions. The strategy is, if they can run the bus off the road while he's driving, they figure they can win the election.

     

    Next question.
    26 Oct 2011, 02:21 PM Reply Like
  • kknucklehead
    , contributor
    Comments (111) | Send Message
     
    The 9% probably aren't paying attention...it should be 0 !

     

    Reform is needed. Soon. Start by eliminating large lobby interests and the quid pro quo system of returning favors for dollars buried at the bottom of bills lacking transparency...imho
    26 Oct 2011, 10:32 AM Reply Like
  • Losing Paper While Gaining ...
    , contributor
    Comments (497) | Send Message
     
    lets get this straight, they don't believe the government is competent, but they want them to continue to have lots of money...
    26 Oct 2011, 10:46 AM Reply Like
  • bob adamson
    , contributor
    Comments (4558) | Send Message
     
    Three insightful articles on US income inequality as of October 28th from the foreign press:

     

    http://bit.ly/sAcxX7

     

    http://econ.st/udaNcI

     

    http://natpo.st/smgS25/
    28 Oct 2011, 04:26 PM Reply Like
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