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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 378.35+2.7%Nov 10 4:00 PM EST
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To: TobagoJack who wrote (66066)9/15/2010 12:40:21 PM
From: benwood3 Recommendations  Read Replies (1) of 217654
 
I would guess that roughly 1/4 of the increase in homes receiving benefit checks is because there are many more retirees now than 30 years ago; 1/4 is caused by the stratification of compensation in which nearly all the gains in the economy have gone to the top 10%, most of that to the top 0.4%; and 1/4 caused by the balloon in unemployment.

Oh, and the other 1/4 to an increase in benefit programs.

It's funny how people make so little money they don't pay Federal tax, and the problem is viewed as one in which people are getting away with something, when in reality, they'd gradually slid down the pay ladder until they were in the muck.

Sure, it's all unsustainable. If it weren't for the benefit checks -- the payoff by the elite -- then heads already would be rolling down the street. But these checks are cut with money from those same sap's grandchildren, who, when born, will reject the future that was laid out for them.
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