In the discussion thread: Robert Reich on today's SC decision... [View all]
Response to rickyhall (Reply #9)
Mon Jun 30, 2014, 11:07 PM
jtuck004 (15,882 posts)
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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