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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 688.98+0.5%Jan 22 4:00 PM EST

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To: GROUND ZERO™ who wrote (48928)4/17/2013 9:59:22 AM
From: Augustus Gloop5 Recommendations  Read Replies (2) of 222267
 
I don't have an issue with people getting their SS or Medicare - they paid for it - we owe them. <--- this turns into an entirely different discussion of tossing around the word entitlement like it's a 4 letter word. People paid into SS & Medi and there would be a much smaller issue had Washington NOT SPENT ALL THE MONEY

I don't even have a problem with people needing food and or medical because they lost their job. It actually serves us well to have a person eating right and in good health so that they can be productive. It's not a way of life but it's a good short term solution

What I DO have a problem with is a govt. that has created a situation where the economy is so bad, good jobs are so scarce and benefits have been messed with SO MUCH that we now have a new working class. That being full time workers that make so little that they need a government health & meal plan.

The above cycle is totally new - I'm 47 years old and I've NEVER seen anything like it. Obama owns a good part of this new cycle but its got to stop.
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