It's the Economy, Stupid!

11 replies
That's been a catch-phrase for a couple elections now.

At any rate, though some warriors might have bank accounts bursting at the seams, for a lot of people out there in the "real world", times are tough. People are struggling to pay bills, jobs are hard to find and more and more people are looking for opportunities online.

A lot of people are behind the 8-ball.

Nobody ever likes to get ripped off, but, when you've got a regular paycheck coming and you've got plenty of credit available on your credit cards, heck, it might not be worth bothering with complaining about a $7 product here or there that was disappointing. Heck, a $37 is a trifle too. Time is better spent earning more money than worrying about $7 or $37 here or there. Coffee or dinner could be that much.

But, when you're struggling, when you don't have that paycheck coming in, or when it's smaller than it used to be, and you're stretching and saving every little penny you can, that $7 is a lot of money. That's a meal. That's money you cannot afford to waste.

So, it becomes more worthwhile to complain, especially if you don't have a job and have nothing much else to do.

And, so people complain more.

And more complaints go to government agencies.

And more politicians get involved in wanting to remedy that.

And more regulations come or are rumored to come.

And, rather than face that, some companies (PayPal, YouTube, etc.) will consider "make money" niches riskier and might rather cut them rather than attract more attention to themselves and face increased scrutiny or regulations.

The bottom line is that people are complaining more. And some are taking proactive measures to reduce their risks in dealing with potentially troublesome industries.

So, things that people may have let slide when the economy was booming aren't going to let that stuff slide anymore.

And that's what I think is going on these days. PayPal, YouTube, etc. aren't "out to get" anyone. They're reducing their own risks. Cleaning up their own nests. And so on.

Of course, some innocent players are going to be caught in the middle. I suppose that's the risk of hanging out with a pack of wolves. Sometimes, the bullets are going to hit the labrador retriever tagging along.
#economy #stupid
  • Profile picture of the author Rod Cortez
    Dan,

    Are you complaining again?

    RoD
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    • Profile picture of the author Dan C. Rinnert
      Originally Posted by Rod Cortez View Post

      Are you complaining again?
      I'm complaining about complainers, so it cancels itself out, thus rendering it not a complaint.
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      • Profile picture of the author JackTheLad
        Originally Posted by Dan C. Rinnert View Post

        I'm complaining about complainers, so it cancels itself out, thus rendering it not a complaint.
        What if the complainers were complaining about you complaining about them? Would that open up some sort of complaining vortex or something!
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    • Profile picture of the author Michael Mayo
      Originally Posted by Rod Cortez View Post

      Dan,

      Are you complaining again?

      RoD
      Nope, I haven't said a word!

      Have a Great Day!
      Michael (I wish I had RoD's Coffee cup) Mayo
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      • Profile picture of the author Bill Farnham
        It's the Economy, Stupid!

        Dang, I thought it was the stupid economy and now you're sayin' it's me who's stupid?

        I want news not history there, pal...

        But I do agree with this:

        "And that's what I think is going on these days. PayPal, YouTube, etc. aren't "out to get" anyone. They're reducing their own risks. Cleaning up their own nests. And so on."

        Like anything else, the 80/20 rule will apply, and if 80% of your problems can be found in 20% of your market, it's time to break out the Clorox.

        ~Bill
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        • Profile picture of the author Dan C. Rinnert
          Originally Posted by Bill Farnham View Post

          Dang, I thought it was the stupid economy and now you're sayin' it's me who's stupid?
          Is o k. I iz stoopid 2.
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  • Profile picture of the author celente
    do not blame the government, bernanke or those up in charge.

    You are waisting your breath. They are just minions and idiot messenger boys doing the dirty work for the elite.

    We are undergoing one of teh biggest transfers of wealth the world has ever seen. They will stop at nothing to diddle you.
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  • Profile picture of the author markfreedom
    People making the economy more stupid. Just saying my opinion!
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  • Profile picture of the author Cali16
    Originally Posted by Dan C. Rinnert View Post

    PayPal, YouTube, etc. aren't "out to get" anyone.
    Darn it, Dan. Here I thought PayPal was out to get me. Guess I wasn't special after all...
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  • Profile picture of the author xxdksxx
    It's all so true though it's a vicious cycle that once it ends if it ever does will be back eventually. The economy will always be crazy for a time and get better and start over but for us it doesn't seem to be affected much.
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  • Profile picture of the author LB
    Maybe I'm just a sucker or ultra-passive (I certainly don't think I'm either), but I've never requested a refund for a $5 purchase that I can ever remember. Online or offline. Even when I was dirt poor.

    Along with the desperation comes a lot more...shall we say "situational ethics"?

    Just got a refund request today from a guy who purchased a couple weeks back (looks legit) but my site shows his IP hit all my files in sequence about 20 seconds apart within the 5 minutes before his request came through. In short, he decided he was going to mass-download all his "goodies" before getting his $5 back.

    He's blacklisted now...of course, he won't know that until he tries to do it again. You can shear the sheep many times, but only skin it once.

    It's the Economy, Stupid.
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