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Response to rickyhall (Reply #9)

Mon Jun 30, 2014, 11:07 PM

15. None of that reverses anything. All the scores of trillions of dollars lost in the past 4 decades

 

is not going to be made up by any of that stuff. All that does is set the stage, but it will be decades before you see the results, and that's assuming the next election doesn't change anything.

Wave your hand - pretend all of that is done today. Not a thing has changed, and you will need to write a government check for, say, $50 trillion, just to get started rebuilding what has been lost. That will take decades.

So what that it leaves us with is tens of millions of people going info their 50's and above with not jack shit for a future they can count on, and an increasing likelihood that they will live in poverty sometime during the rest of their lives, because nothing will be changed fast enough to prevent it.

That's assuming all the above came true. It won't.

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Arrow 24 replies Author Time Post
babylonsister Jun 2014 OP
Skittles Jun 2014 #1
rurallib Jun 2014 #7
Soylent Brice Jun 2014 #11
abelenkpe Jun 2014 #2
LoisB Jun 2014 #12
Warren Stupidity Jun 2014 #3
jtuck004 Jun 2014 #4
azureblue Jun 2014 #6
jtuck004 Jun 2014 #14
Dirty Socialist Jun 2014 #16
jtuck004 Jul 2014 #17
rickyhall Jun 2014 #9
LineLineLineLineNew Reply None of that reverses anything. All the scores of trillions of dollars lost in the past 4 decades
jtuck004 Jun 2014 #15
1StrongBlackMan Jul 2014 #22
YOHABLO Jun 2014 #5
Distant Quasar Jul 2014 #23
quadrature Jun 2014 #8
BlancheSplanchnik Jun 2014 #10
Thor_MN Jun 2014 #13
freshwest Jul 2014 #18
freshwest Jul 2014 #19
lonestarnot Jul 2014 #20
IrishAyes Jul 2014 #21
7962 Jul 2014 #24
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