US Inflation and What To Do About It Message Board

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Strategies & Market Trends : US Inflation and What To Do About It

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To: Rarebird who wrote (1235)	12/2/2019 2:54:34 PM
From: John Vosilla	of 1504

I live in the real world. I know it is best to empower people rather than give them something for free. Fact is many working class people cannot afford the surging cost of healthcare. All true.. BUT people who have no equity plus perhaps a job off the books walk into the emergency room get taken care of get billed and don't pay the provider has no way of collecting. Someone middle or upper middle class doing that could lose most of what they built over a lifetime liens attached to assets wages garnished ecttt... What started this? Government intervention expanded dramatically around 1965, Also effects education and housing in a major way There are so many problems starts with breakdown of family, drugs, handout culture, lacking dignity of work ethic from a young age on top of all you mentioned... If Yang was president gave everyone 1k a month guarantee majority of people struggling today would just spend more on cigarettes, drugs legal and illegal, gambling, gambling and more gambling, buy crap they don't need shop till you drop, Amazon prime to your front , , buy cars they can't afford door,take vacations they can't afford ect. I deal with these people very day is a mentality far different from me, MM and you...... Funny thing is anyone you know around 40 years old today I predict this Trump economy is the best they'll experience their entire adult working life till 65. So enjoy while the going is good. Someday down the road global public debt will be too large crowd out the private sector. Only questions are when and will it be due to much higher interest rates or no growth in the real economy. If both will be an absolute disaster when also factor in all the asset bubbles due to unwind.. You probably get your socialism if we get a collapse late in Trump's second term. So you all should root for him getting reelected and GOP taking total control..

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