Posted on 06/22/2018 4:14:38 PM PDT by simpson96
Thank the Liberals who ruined the economy via their Muslim God.
Could be because 28+ years of dem/RINO rule have left them flat, from high taxes, low-paying jobs, unemployment, and regulations.
Sounds right to me. But pretty soon we’ll have our fellow freepers attacking us for something...
What they are saying is that many more Americans totally depended on government handouts to survive, that have nothing but government handouts going into the future. Some of us actually supported ourselves and saved for the future. My wife and I will be fine.
Bingo.
America has a $375,000,000,000 / year trade deficit with China.
A massive amount. The largest in recorded history. Ever. Between any two countries.
We have been sold out. To the biggest communist country in the history of the world.
It is even growing again, this year.
An ALL TIME RECORD AMOUNT.
“-——— and are dipping into savings to care for aging parents.”
I don’t believe this.
Of course it happens,but most elderly parents are doing just fine.
We were a lucky generation,and most of us have pensions——and accrued great equity in our homes.
I am a senior,and know many seniors,and we are all doing very well-——not rich but able to care for ourselves.
We were a very fortunate generation.
.
I certainly hope youre not considering Social Security which the feds funded by confiscating a percentage of every dime I earned for 50 years a handout .
Dont forget massive illegal immigration.
Actuarially and operationally, Social Security has been a Ponzi scheme that entire time. I paid for a similar period, and dont have any of that in my retirement planning. Any that shows up is gravy.
8 years of an Obama economy and my 401k only maintained its value because I contributed to it.
Id be more than on my way under any normal economy.
The time to start planning for retirement is when you get your first job. Yeah, I know, not much income. But you plan for retirement by creating good financial habits (such as a budget, and savings)and paying off credit cards each month.
It is not always possible (especially when you first start out in life but with good habits it will get easier).
Sure govt can be blamed with reason but many just failed to plan or were not disciplined to stay out of debt and save regularly for retirement.
“8 years of an Obama economy and my 401k only maintained its value because I contributed to it.”
You REALLY need a better advisor! The Dow more than doubled during that period.
As a friend once said, the only thing
golden about my golden years is my urine.
>>>8 years of an Obama economy and my 401k only maintained its value because I contributed to it.
During period in which the Dow went from 8500 to 19000 you lost money on your 401K investments? Time to find a new 401K plan.
High average debt, and are paying off their childrens educations..
Well.. weve sort of IDd the problem, havent we? Pay off your debts and let Junior handle his own damned college costs.
The biggest drag on me is ObamaCare at $1000 a month.
And I think I will file for the Ponzi scheme when I reach 62, although I understand the arguments to wait until 70.
No matter - Uncle Sugar will pay the bills.
The suckers are the ones who saved and will be taxed to the gills to pay for those who didn’t.
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