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Old 05-17-2007, 06:25 PM
 
28,240 posts, read 39,895,668 times
Reputation: 36746

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Thanks, Waterlily. Bring me back to planet Earth. I found Ignore List to be of great use here, and I'm using in this case.
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Old 05-19-2007, 02:21 AM
 
29 posts, read 74,392 times
Reputation: 28
Talking In 2022

Quote:
Originally Posted by Waterlily View Post
It's just starting to happen. Baby Boomers will be retiring by the millions within the next few years.
Where 0' where will thy go?

Quote:
I am wondering if some cities or states will be minus a lot of population in the near future. Will there be lots of retired people moving south?
Not with what our leaders are going to do to us.

Quote:
There is the work place issue as well. With millions retiring will we have enough workers?
With over 50 million illegal aliens by next election cycle there will be plenty of slave labor to cut wages and bankrupt the S.S., Medicare and food stamp hand outs.

Quote:
What is your vision of the USA in about 10 or 15 years?
Take your choice, Mexico, Cuba, India, Africa, Sudan ---

Sad thing about this is that your grandchildren will have those pc history books and will not know who put then in the cesspool. But then they will not know it is a cesspool they live.
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Old 05-19-2007, 02:43 AM
 
29 posts, read 74,392 times
Reputation: 28
Talking Animal Farm

Quote:
Originally Posted by Buckhead_Broker View Post
Take money away from the people who are the top producers and give it to the losers. Pathetic!
That is called ‘democracy’ - or mob rule. There are just some pigs more equal than others.

Let us say citizen A takes in 100,000,000.00 cash money
Citizen B is dragging in 10,000.00
Both are taxed only what God requires, which is 10%.
Citizen A has a tax bill of 10,000,000.00
Citizen B has a tax bill of 1,000.00

But of course one can say that Citizen A has more to lose that citizen B. Then again with Citizen A’s 10,000,000.00, uncle can hire a few more mercenaries to protect them both.

What has this got to do with the price of a rich dudes shoes?
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Old 05-24-2007, 02:26 PM
 
Location: orlando, fl
453 posts, read 1,952,310 times
Reputation: 252
i just graduated from college with two business degrees. a large portion of the companies i spoke to, especially in the field of logistics/supply chain management, are hiring college grads by the thousands to prepare for the retirement of baby boomers. many of them said that they are no longer hiring their upper management from outside the firm, but instead promoting from within simply because the talent pool is so tiny, partially due to baby boomers retiring
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Old 05-24-2007, 02:44 PM
 
5,641 posts, read 17,313,791 times
Reputation: 3979
"How come we have to import so many people in the science, math and technology fields where there is money to be made? Is it because soft little Justin and Susie might have to work too hard in science and math classes so they don't take them? "

LauraC - please google H1B Visa abuse and get an earful on why we companies feel it is necessary to import so much foreign labor to do engineering and tech work!
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Old 05-24-2007, 02:47 PM
 
16,092 posts, read 36,576,539 times
Reputation: 6277
It won't be a lot like Mexico, it will be Mexico.
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Old 05-25-2007, 03:02 AM
 
Location: Oregon Coast
1,848 posts, read 6,249,162 times
Reputation: 1383
It'll be different for sure,and it'll be happening soon. Baby Boomers are already starting to retire. I don't have the exact figures right now but there are many millions of us.
Look for changes in the labor market.
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Old 05-25-2007, 04:53 AM
 
Location: Londonderry, NH
41,492 posts, read 51,379,395 times
Reputation: 24613
Our boomer social security can be paid for by extending the tax to all income from all sources for all citizens and residents and adjusting the rate. Simple flat tax that catches the upper classes as well as the workers. Unfair but the current tax is even more so because it has an upper cutoff on taxable income.

Last edited by GregW; 05-25-2007 at 04:53 AM.. Reason: spelling
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Old 05-25-2007, 02:14 PM
 
Location: WA
5,395 posts, read 21,395,985 times
Reputation: 5893
Quote:
Originally Posted by GregW View Post
Our boomer social security can be paid for by extending the tax to all income from all sources for all citizens and residents and adjusting the rate. Simple flat tax that catches the upper classes as well as the workers. Unfair but the current tax is even more so because it has an upper cutoff on taxable income.
SS is not really that big a financial challenge, and is actually in pretty good shape when compared to Medicare. Medicare and Medicaid have unfunded liabilities many times larger than SS and few talk about it because there is no possible fix in the current configuration. SS could be tweaked to continue but to fix Medicare the entire health care system in this country must be overhauled.
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Old 05-26-2007, 08:16 PM
 
414 posts, read 1,469,631 times
Reputation: 170
On taxes, this statement could cancel out all arguments:

"America has 400 billionaires -- and 37 million people below the official poverty line. "

Argue until you're blue in the face. If these numbers hold up, they could turn the US into a potential Imperialist Russia. We all know how that turned out. If we can't re-distribute wealth fairly and within the law, the oppressed masses could do the unthinkable. I'd prefer stiffer taxes for the billionaires.

On retirement, (apologies to Waterlilly for contributing to the thread hijack) states with high property taxes can expect to see an exodus of older people - and their money. Some states are friendlier than others when it comes to retired citizens and my guess is they'll see an influx of and reap the benefits from those citizens.
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