Letters: Lessons of a recession

Letters: Lessons of a recession

There are 6 comments on the Monterey County Herald story from Nov 23, 2010, titled Letters: Lessons of a recession. In it, Monterey County Herald reports that:

We should be thankful for recessions. They provide younger generations with lessons in capitalism, history and physics: What goes up must come down; the rich get richer and the poor get poorer; and when unbridled greed leads to economic collapse, the poor suffer more.

Join the discussion below, or Read more at Monterey County Herald.

peterpun

Pacific Grove, CA

#2 Nov 23, 2010
Great idea from Ms. Flint. Perhaps it would be a good stop-gap measure while the unemployed are awaiting further employment opportunities to appear as the recession subsides.
Patriot's flaming spam regarding the long term unemployed is flawed at best and inflammatory in it's assumptions that the majority of those unemployed don't want a job. What a waste of skin.
CV Frankie

Salinas, CA

#3 Nov 23, 2010
Ann Sherman Flint. Your thoughts are all good but, alas, the ACLU would have something to say about that. They would argue that it would be demeaning for someone to have to work for the social benefits they are given. They have made that arguement before.
roscoeshaus

Seaside, CA

#4 Nov 23, 2010
do you think those new state unemployed employees strike for more pay.
otterknowbetter

Seaside, CA

#5 Nov 23, 2010
Regarding wealth redistributionist Peggy Flint's regurgitated talking points:

"...when unbridled greed leads to economic collapse, the poor suffer more." Couldn't describe the effect of unions like SEIU and GM better.

"...Parents realize it costs money to raise a child...", but the poor keep having children out of wedlock at young ages anyway, and tax payers get stuck with the bill (thanks Jerry and Barbara).

"...when parents die, less, if anything, remains for the children to fight over." And thanks for the death tax, too.
Snoop Dawg

Pacific Grove, CA

#6 Nov 23, 2010
otterknowbetter wrote:
Regarding wealth redistributionist Peggy Flint's regurgitated talking points:
"...when unbridled greed leads to economic collapse, the poor suffer more." Couldn't describe the effect of unions like SEIU and GM better.
"...Parents realize it costs money to raise a child...", but the poor keep having children out of wedlock at young ages anyway, and tax payers get stuck with the bill (thanks Jerry and Barbara).
"...when parents die, less, if anything, remains for the children to fight over." And thanks for the death tax, too.
Thats right... tear down Unions. The reason there are no sweatshops, child labor, 40 hour work weeks, minimum wage... etc. 7% of Americans are now in big bad Unions and Corporate Big Boys will soon shut them down as well.

Children being born out of wedlock... you mean like Sarah Palin's daughter, Bristol. Great role model there.

Death tax... right! Only effects those having 3.5 million to pass on. 2% of our population. Does that harm you? You really need to do some homework.
Robot

United States

#7 Nov 30, 2010
Ann Sherman-Flint a "Conservative social Democrat"? ROTFLMAO
Sherman-Flint's just another one of the Monterey Marxists.

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