Option 3 (rich)
Actually, just wait for the next recession (to some people here, we've never been out of a recession) and the Fed will start lowering rates again and then reconsolidate. Variable rates are for losers (or those with so-so credit history or no cash), unless the term is ultra-short (under 1 year or so, 2 years max)
Yes, for some people here, the 'recession' that we've been in for the past 6+ years will end when the next Democratic administration takes office (which hopefully won't be for a long time). It's an interesting definition of recession that includes a period of 3-4% annual economic growth. It seems to me that for these people, the definition of 'recession' is purely political, and not based on actual facts of economic performance. What a shock.
The last six years have been abysmal for working class people, fellows, and for the most part so was the last period of growth (the late 1990's). Economic growth alone does little or nothing to emeliorate the miseries of the lower working class, as without State redistribution nearly all the increased production goes to those at the top of the social heirarchy.
Poll
