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why does the economy stink
Because you never bought new shoes.
because many people are not buying lots of new stuff
which is since many people are underemployed or unemployed (or rather out of the work force so they have less money even though they are not counted in unemployment figures)
with the result that wage and price levels are stagnant, or falling, which is not inherently bad but is disturbing since it hadn’t happened in the US in over 70 years
Why is the economy so bad today? Why is the whole world going down? For the past thousands of years there was always Avoda zara in the world-from the molech to the baal to the asheira tree etc…-todays avoda zara is MONEY, we are a servant to money, we serve money, we bow down to money, we let money talk & rule us. Thus we leave Hashem no choice but to take it away from us Rachmana L’tzlan. But you can still save yourself from going down. if a person can use his money the right way & remember that it all comes from Hashem & it was just loaned to him (even though he worked for it), then he is the perfect person to continue holding Hashem’s money.
Also, because those who do have jobs don’t feel secure enough to purchase bigger ticket items and business investments are in the same boat.
Mashiach Agent:
It isn’t that bad. It’s bad relative to ten years ago, for many if not most people.
Compared to the 1930s and 1940s, or the century or two before that – it is paradise. Our poorest people in many ways live better than our not very distant ancestors (fresh fruit year round, antibiotics, anesthetics for surgery, central heating, air conditioning in the summer, etc.).
M agent
It’s always so wonderful to see Yidden speaking about Hashem.
Not to forget about him and speak and think in the language of the foolish haughty nations within which we have been placed to be tested.
Hashem is not only in the Chumash and in the Siddur.
He is here! His plans are proceeding right on schedule according to His Ratzon.
Here’s a mashal: Imagine a husband and wife with a strained relationship. What factors are causing the strain? Let’s say, in this hypothetical case, that the nature of their respective jobs aren’t the best for married people, one or the other has a medical condition that is both somewhat expensive and inconvenient (in a sense of taking proper care of it, like avoiding a type of food, etc), they live on a block with nasty neighbors, his irreligious cousin whom she hates when he comes over, her cousin whose politics he [the husband] thinks are delusional. Further putting strain on their relationship are a lack of middos by both, they’re not very sensitive to each others feelings, they each have habits that really irk the other, etc. So there are many, many different things that an all be fairly and accurately said to be straining the relationship. But it is also obvious that certain things are far more negligent, &/or more intrinsic, than others, meaning if they want to fix up their relationship, the things to blame the strain on are the more negligent and the less intrinsic ones. The economy is the same idea – there are all sorts of things that hamper commerce, but some are far more negligent, or far less intrinsic [to a market], than others.
So the question of “why does the economy stink”, in terms of what are the (al pi teva) underlying factors that are hampering commerce, has a million different legitimate answers.
The question in terms of what are the factors that people are responsible for*, however, [these days for sure] is fairly easy to answer. Various government policies and actions, for one, are incredibly destructive, such as the myriad [and often downright loony] “environmental” and “race-based” regulations. (Government reg’s, in totality (including the good ones), are estimated to cost somewhere between something like $1.7-2 trillion for people/business’s to implement + the government to enforce.)
*Greed, for example, is human nature, and its existence is not a human achievement. Thus it’s silly to blame economic woes on an aspect of human nature that cannot and will not be changed [in the aggregate], as it will never lead to any kind of solution to immunize the economy from said vices of human nature.
akuperma
its very bad for today. today we are living a more expensive life with all our technology & desires. etc…. if we were still living the say simple life as in the 1950’s then you can say its not so bad for todays economy. how much were monthly expenses in the 1950’s? now how much larger is it today? are we making the difference in our incomes? NO. this is called inflation & we are actually doing worse then when we lived in 1950.
Feivel.
you are absolutely right. if only there were more people like you that would open up their eyes & see Hashems amazing work in every tiny product. we would all be forever grateful to Hashem & we would be a much happier world. sadly today it is vice versa, where everyone looks at what their missing that their friend has etc… instead of being grateful for the wonderful family they have & everything else Hashem gives us
HATZLACHA
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