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2016 Postmortem

hedgehog

(36,286 posts)

5. I heard that report and thought of the fact that

Reply to applegrove (Original post)

Tue Jun 12, 2012, 08:48 AM

Jun 2012

many of those nest eggs go to pay the first few months (sometimes only weeks) in a nursing home before the government picks up the remaining tab. As a society, we'd be better off allowing middle class families to pass their nest egg on to the kids. It might go for retirements or college bills.

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Middle class people make just one nest egg in their lives. If they are lucky they have a little bit [View all] applegrove Jun 2012 OP

a lot of that lost weath went to the 1% Skittles Jun 2012 #1

Yup. It was a transfer of wealth to the 1%. You are correct. applegrove Jun 2012 #2

I think a lot of it was in Raven Jun 2012 #3

They connive to siphone what everyone else earns and saves for themselves. LiberalFighter Jun 2012 #4

I heard that report and thought of the fact that hedgehog Jun 2012 #5

Oh come on! If you lose your nest egg all you have to do is sell off some of your stocks or MatthewStLouis Jun 2012 #6