Explain... Were mortgage rates lower, stock market at a higher level, unemployment rate better? What was better during the Clinton admin? It was much more entertaining to hear quotes like "I did not have sexual relations with that woman!!" Cigars got a lot more popular during his term for sure.

 

Iceland number 1???? They can have it I dont wanna be in any frozen tundra. As for the current state of affairs in the US I must say the Bush Admin rates at the bottom. High gas and a war that cant be won costing mega dollars that could be spent at home.

 

I always thought it was Greenland that was frozen and Iceland was lush.

Word has it that Leif Ericsson named Iceland and Greenland like he did to get explorers to go to Greenland (only to find millions of square miles of ice). Iceland, though Greenland's neighbor, benefits from the gulf and jet streams.

Like a big practical Joke.

I tkink it's pretty darn funny anyway.

Iceland is volcanic, it's suppose to be very pretty.

 

You also have the freedom to read my post fully.

It was stated that the average value of an average American individual is 144K dollars. I Simply stated that that was not true. No chance!

 

Hank Hill for president

 

I read your post fully and fully understood it. I'm making a point. Someone working in New York making the money as someone in Arkansas will have two totally different qualities of life. Point is... if someone feels they don't make enough or it is too expensive somewhere else they can move to better themselves. Your brother living in another city could probably afford to buy a house; therefore increasing his "value".

 

I agree, net worth and income are two completely different animals influenced by different things.

As a whole, net worth is more influenced by financial decisions. A smart person with lower income can increase their worth a great deal, and a dumb person with great income can be in the negatives.



Khendrix,

Here's the link I posted, it claims lower median net worth.

http://finance.yahoo.com/banking-budgeting/article/103815/Where-Do-You-Stand-on-America's-Wealth-Spectrum

 

Yea if I lived in say new york, and only had a one room studio, no car, no boats, no campers, no jet ski's, no wave runners. Hell if I lived anywhere with that life style.... Even on minimum wage....My bank roll would be multi million because I wouldn't be spending my earnings, I'd be earning compound interest.

Just because he doesn't own a car, (that we lose money on....)
He could be investing the equivalent of car payment + gas + insurance each month, earning interest instead of paying.
Same for a house.
Boat
PWC's
Travel Trailer
Tools and equipment
Guns and hunting gear.
Most is a gross loss on money invested.
You aren't likely to get what you paid for it, much less get the cost of ownership back.

 

sorry craz3d... the clinton economy was smoke and mirrors. The recesion started in about 1998. I don't call that stable. The war spending is NOT for imperialism. We have no design on owning Iraq. They have there own government. We need stable friends in that part of the world. Giving them a democrocy is a very good idea. It is possible that with the right friends and pressures, we could break OPEC. That would only be good for us. Several here expressed the dislike for high gas prices. Who do you think is responsible for that? It most certainly wasn't W. The dumbocrat congress passed bills not allowing for us to drill for oil in the gulf, or anywhere offshore from the U.S. That makes us MORE dependant on forgien oil. No refineries have been built since when? 1976? but our consumption has increased expotentially. Who's fault is that? the dumbocrats. I am so sick of every ill being blamed on W. His is by no means perfect, but the dumbocrats are far worse for our economy.