Avid, you should also add to that, that they are seeing a huge influx of illegal aliens from the middle east that are bringing crime, and violence and sucking down the welfare benefits. So paradise may be disappearing.
So, I match your CCC, TVA, & WPA, and raise that with the 2006-2012 housing and credit crisis. The epitome of incompetent govt regulations etc. Has the govt learned from its mistakes during that period? Obviously not. Neither have the American people. That is what we call the classical...
Your statements drip and ooze jealousy. The gifter's earned it, and they can do damn well what they want to do with it. Typical elitist lib (whether you realize it or not). You know what is best for everybody else. If the billionaires want to corrupt their kids and ruin them by making them into...
Jealousy is the evil that will destroy America. That's what feeds socialism. First erroneous statement, somehow the high earners get a greater benefit even though their SS taxes were capped. Throw that totally out. Their benefits are also capped! Period. That is totally incorrect.
Now, if ya...
Would it be any worse if it was $250 trillion?
As a sidebar, everybody should watch the Grapes of Wrath film. Quite interesting. California...the land of milk and honey! Funny how life changes. Socialism is NOT the answer
If you invite govt into your life, you get one size fits all with a...
Would it be any worse if it was $250 trillion?
As a sidebar, everybody should watch the Grapes of Wrath film. Quite interesting. California...the land of milk and honey! Funny how life changes. Socialism is NOT the answer
Ahh, more favoritism. I suffer from diabetes from the stress I incurred in my work as an investment manager. Where do you draw the line?? That's exactly why we are in the mess we are today. America is gagging on favoritism. Ahh, I get it. You are more equal than I, Uhhh, ok.
If we get in a debt crisis, it will be an interesting environment. They may print even more
To set the record straight, and correct another misnomer, you get out 2-3 times what you and your employer contributed. That is for "the common man". The rich are getting soaked. Their social sec is 85%...
I would say that tge bulk of the American people are moochers that want a handout and be bailed out of their own incompetence. And a large minority are enablers of bad behavior. It's a cancer that will take us down. I have the prayer rug out praying for a debt crisis.
Appreciate you comments. Don't disagree. It comes down to not wanting to put the time, and having the mental concentration (at nearly 70) and perseverance. I've lost my edge, quite frankly. I'm all for the free markets, however I just see the market place has changed dramatically since Covid. Thanks
And I can think of a 16 yr period where stocks didn't do shit. They were flat for 16 years while benefits get paid out. This is a huge drain. And SS is paid monthly, not annually.
You are not accounting for mortality. And that adds considerable complexity. Also wives get a survivor benefit. And drug addicts get SSI. And there is an inflation adjustment in the benefit. It is not so simplistic.
They've basically turned social security into another welfare program, just like Medicare. The middle class is in denial, but it is absolutely true. High income people get screwed royally.