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To: AD from SpringBay

My parents are 87 and 85, and they have more money in the bank than any of their 5 children, and a home that is paid for. I have one sibling living with them already. That’s the difference between growing up in the Depression years and growing up in the 50s and 60s. It’s our own fault for spending it all as we made it, and not saving. A lot of us Baby Boomers are working like hell now to catch up, and that is one reason why consumer spending is down.


6 posted on 03/22/2008 8:25:34 AM PDT by Dems_R_Losers (Waiting for 2012 to vote for an actual Republican)
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To: Dems_R_Losers

another reason is we keep subsidizing welfare recipients. Our taxes are way too high. The government makes us pay for the indigent dead wood in our society.

They take money from my childrens mouth to feed less fortunate.

Didn’t know the government was a non profit like the Salvation army or...


14 posted on 03/22/2008 8:34:43 AM PDT by television is just wrong
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To: Dems_R_Losers
A lot of us Baby Boomers are working like hell now to catch up, and that is one reason why consumer spending is down.

I know lots of Gen Xers who are at least somewhat dependent on parents for help. I have been from time to time, much to my own shame.

I have decided to just pay my bills, buy my gas, and not really buy anything else except food. Our GDP is 70 percent consumer spending. Not sure how much of that is discretionary, but if others are like me, this nation is in for a financial wakeup call.
31 posted on 03/22/2008 9:25:11 AM PDT by mysterio
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