80 Years + ? = Next Depression

Rated 2.50/5 based on 2 reviews
When will the 21st Century Depression begin? The same conditions that existed in the 1920's are present today:
Growing disparity in wealth, Rising debt, Government Increased Spending, Tax breaks for wealthy, Corporations not paying for their problems, and a Reduction in the living wage as the Middle Class is working longer hours. IF Top 1% owns 48% of wealth, how much does Top 10% own...70%...80%

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About Bill Yuska

20+ years in Information Technology (IT) that spanned documentation writing, database management and PC and network administration came to an end in 2004 with the start of another recession. Bill found himself unemployable due to his age; becoming just another statistic that would raise the cost for a corporation’s group health care coverage. As job searches continued failing and just turned one frustration into another, he decided to apply years of problem analysis along with his writing ability to determine and describe the underlying problem that America faces today. It seems that he always had the ability to frame a rhyme in time, but could it be made meaningful enough to paint America’s deteriorating landscape? Finally deciding to see if others would understand the jeopardy that greed is inflicting on America that became apparent to him, he started to submit poetry and articles on an internet site where people could freely express their opinions - (http://www.helium.com/users/556782) and were rated accordingly. After minor success, he published “We The People Time” to launch a new career at Smashwords. This was followed by “80 Years + ? = Next Depression”, and “Common, Since 1776” is his latest endeavor. There is always more to learn and among other things, he is very grateful for the free online writing courses offered on the internet since he can no longer afford the cost for higher education. Hopefully, today will be a little better than yesterday, but never as good as the hope for tomorrow.

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Review by: Vaqueros on Jan. 10, 2010 :
This e-book points out some of the deficiencies in our capitalistic system which have developed in the years since the Great Depression. The world has changed and become more complex and interrelated, so some of the content may be oversimplified, but the questions raised in this book do need to be addressed if the U.S. is continue its prosperity and growth into the 21st century. The ever-widening gap of power and wealth between the upper few percent and the rest of the country will inevitably cause our downfall if this trend is not reversed (and I currently live in a second world country so I have personal experience of the peril to society from unfettered avarice at the top).

Mr. Whittman's review is fraught with panic about communism, a politico-economic model which is pretty much disproven and defunct (even China has become a quasi-capitalistic juggernaut now). A rational assessment of U.S. strengths and weaknesses should be welcomed rather than dismissed outright due to 1950-ish fears of a nearly deceased bugaboo.
(review of free book)
Review by: Daniel Whittman on Dec. 31, 2009 :
This short piece is another hate the rich and hate the achievers piece. The causes of the great depression were many of the rich losing almost everything in the stock market crash, fear, falling home values, banks failing, and massive unemployment. FDR promised help but like Obama he believed in communism. Like Obama he hated the private sector. He created public work projects paid for by the much bigger federal government. The depression lingered as a consequence until the start of the second world war. FDR had part of four terms to try to institute communism into practice and succeeded to a large extent. Obama is moving the communist manifesto along much better than FDR. If he has two terms with a cooperative congress the second depression will likely occur.
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