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Sombody had to fund the Baby Boomer's excesses including all our foreign wars and corporate welfare. Guess what. You're it.
I sugest figuring out a way to consult on government computer programming (try Homeland Security internet spyware) or app development while living in your parents basement to save enough money to buy bank stock. Good luck.
Consider the boomers born in the mid-1940's to early 1950's: They went to college dirt cheap. Even Ivy League Colleges were much easier to get into. Fewer people with college degrees competing for jobs, unemployment rates not as high. They bought their real estate dirt cheap, and later unloaded it for big bucks. Gasoline/oil was cheap. Many parents today, can't contribute as much to their kids college education, and the loans students are forced to take out are enormous. Colleges intentionally recruiting more foreign students to allow for bigger increases in college tuition. Then older folks call you lazy.
The U.S. population has grown by a whopping 65 million people since 1990, mostly from immigration. We have in no way been able to grow an economy to match it
The U.S. population has grown by a whopping 65 million people since 1990, mostly from immigration. We have in no way been able to grow an economy to match it
All this amnesty talk sounds like a swell idea don't it?
gwynedd1, you always write (short sentences) to make claims but you never back it up with an explanation.
Then you never read my posts.
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And in all my years I never recall a time a president who has pitted against the other like Obama has done, encouraging hatred within our own country. I never saw a president who said on the campaign trail.. vote for revenge. Sorry but all I see is hatred and a power grab from Obama, Democrats and Liberals. I have not seen anything from Obama that makes it any better for middle class Americans. Just a grab for more money and for more failed green energy investing.
Obama said "middle class Americans will not pay one more dime in taxes".
ALSO do note, the richer "are" getting richer while the poor and the middle class continue to struggle.
So you continue to defend Obama WHY?
What in the hell are you talking about?
Answer like that again, and I will only take time to humiliate you. If I ever do support a politician , I'll do it myself. Do not be a lying sack again.
Location: Just transplanted to FL from the N GA mountains
3,997 posts, read 4,143,759 times
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Originally Posted by 9162
Consider the boomers born in the mid-1940's to early 1950's:
The U.S. population has grown by a whopping 65 million people since 1990, mostly from immigration. We have in no way been able to grow an economy to match it
You also need to consider that boomer's were born till 1964. There are boomers that are still in their 40's. Hardly old and used up as some would have you believe as well....
If it were private, it could easily be proven in many cases to generate income
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Most infrastructure projects aren't funded by general tax dollars but by public bonds. The taxes fund maintenance at best. That cost is mostly labor.
And as I said before, why do states have to raise money from bonds when banks just print money for a private house? And since the cost is labor will you give me a direct answer? What is the opportunity cost to unemployment during time of high unemployment?
“But here is the point: If our nation can issue a dollarbond, it can issue a dollar bill. The element that makes the bond good makes the bill good. The difference between the bond and the bill is that the bond lets the money brokers collect twice the amount of the bond and an additional 20 per cent, whereas the currency pays nobody but those who directly contribute to Muscle Shoals in some useful way.
Edison
Another one of those jackasses I keep talking about from our booming past.
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Keynes was last relevant in the 30's. Ironic that he believed the long-standing classical models were outdated by a century, noting that as economies and societies develop, so must our economic models and theory. Here we are almost 100 years later, a global economy, instant financial trading, complex derivatives, hedges, etc etc etc , yet people still cling to the notion that spending money you don't have so that people have jobs so that you can tax them is sound theory.
Yes and its not the government that does most of it. Its the banks. What money system do you prefer if you don't mind my asking?
i know, and when i argue with my dad he tells me the exact same thing.
but that's due in part to his world view that the government can't do anything right. i think that has something to do with the era he grew up in (born 1950) , where unions were a major adversary to common sense and productivity.
my views were formed more in the post-2000 years, which biases me toward the belief that the pendulum has swung too far, and that we have this ridiculous system where the private sector 'elites' exploit and rip off the government.. which is basically failure by design.
Cities now use public money to build toll roads and then charge the tolls so that union workers can receive above market wages to collect the tolls long after the road's capital costs were already recovered - at least twice.
Surely you know the difference between bonds and dollar bills. While they are both debt instruments, with bonds there is at least pretense of repaying the principal. Dollars are now a de facto perpetuity.
I would prefer a system that advocates and allows for a balanced budget - or at least close. There is nothing just about indenturing future generations of citizens with their parent's debt - especially when a large portion of the expenditures are wasted.
Debt isn't always bad. I borrowed money for a home or two. Borrowing money to eat out is stupid.
Consider the boomers born in the mid-1940's to early 1950's: They went to college dirt cheap. Even Ivy League Colleges were much easier to get into.
Then the Liberal mentality came along, SUBSIDIZE -> BUBBLE -> CRASH
In the case of the cost of education, Subsidize education -> prices rise where middle class can not afford it either and have to borrow huge sums of money -> Crash (people can not pay the debt).
All to give freebies and help the people who refuse to help themselves. Same thing is going to happen with Obamacare. The only people it really benefits is the people who refuse to help themselves so we hurt ourselves in helping them.
Nothing is free, giving freebies end up hurting you in the end.
I never voted in my life. I'm only 23 years old. Why should I? This whole country is corrupt. Always has been. The whole process of LOOKING FOR JOBS in this country has always been corrupt. People getting jobs just because they know the manager. Employers discriminating against race, disability, age and gender and getting away with it. All corruption.
This is 100% correct. Of all the jobs I have had, including grunt jobs, exactly 1 I got with no connections going in and even that sort of a closed universe recruiting since it was a college job open only to students.
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