"Employee pensions have all but been eliminated replaced by the failed 401, 403, 457, IRA morass for full-time workers and nothing for part-timers. Now Romney & Ryan want to destroy the Social Security leg too. Combine that with what globalization and anti-union laws and policies have done to wages and the only thing left of that three-legged stool is the seat. It looks to me like the plan is to do away with retirement and just make it so people work until they can't and then let their over-strapped families and charities take care of them. That worked so well in the past."So you are saying 'thanks to PRogressive policies' , the standard of living for all will be lower in the future? We've bankrupted ourselves into poverty!You are right!16 trillion in his first term. 25 trillion in his second term. In the future, just the interest on the debt will be more than SS and Medicare combined......so those programs will be gutted. Obama has borrowed us into financial he*ll. And you thought that by borrowing, you could improve the economy to pay for it all? joke joke. Failed Keynesian policies. Just the opposite is happening. You can't borrow your way to prosperity......Neither personally or the government. Try maxing out your credit cards and credit lines.....it feels great doing it.....then you hit the wall. That's the point we're approaching. t.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra