# Growth down to 1.6%, economy chat ITT.

**URL:** <https://forums.speedlife.net/t/growth-down-to-1-6-economy-chat-itt/254264>\
**Category:** Shift518 Off Topic\
**Created:** [September 1, 2010, 6:43am UTC](https://forums.speedlife.net/t/growth-down-to-1-6-economy-chat-itt/254264 "2010-09-01T06:43:38Z")\
**Posts on this page:** 1\
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**Author:** ![Boost\_Creep](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boost_creep/32/6366_2.png) [@Boost\_Creep](https://forums.speedlife.net/u/Boost_Creep)\
**Post date:** [September 1, 2010, 7:47am UTC](https://forums.speedlife.net/t/growth-down-to-1-6-economy-chat-itt/254264/10 "2010-09-01T07:47:55Z")

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> [@FS: 1972 vw ...kit car](https://forums.speedlife.net/t/fs-1972-vw-kit-car/34559/106):
>
> The biggest thing I think they need to do is come up with a salary cap. There are way to many people out there getting paid double even triple what they should actually be paid. I also think that jobs making over $100,000 a year should have some sort of checks and balances put into place to make sure the people with jobs out there that basically don’t need to exist get what they deserve.
> 
> I read somewhere that one of the executives for AIG to this day has a secretary who has an assistant. Yes an assistant to an assistant who makes $119,000 a year. and baiscally this secrataries assistant does nothing but order lunches, pick them up, pick up laundry, make copies of things and keep the office clean. Really?
> 
> People with million dollar salaries a year to sit in an office and buy sell and ride in limos is the reason why this country is where it is. That shit has killed the value of the dollar, same with athletes signing multi million dollar contracts.
> 
> This country will never be fixed its only going to get worse, this is one of the reasons I don’t want kids

Well, that could all be hearsay regarding assistants but it’s probably true.

In economic downturn like now, the gap between the lower class and the middle class will continue to grow. If you’re in the middle class you either don’t make it, or you get lucky and bump into the higher class scale.

Outsourcing, ARM mortgages, and the private banking industry have killed the dollar IMO.

Thomas Jefferson was a smart dude:

> I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.

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