Quote:
Originally Posted by Crowbob
Good for you!
Now these next ten years, because you're all set, should take up increasing devotion to making your life and the lives of those whom you love BETTER.
Retirement, done right, is the time to reap what you have so diligently sown. There really is no greater payback, of course, than investing in yourself.
|
This is delusional as you do not live in a vacuum. This is Ostrich like complacency. The rest of the world effects you, and what you do.
We live in an unusual time that comes around once every 1000 years or so... it is fraught with an instability in the very foundation of the civilization itself.
I do not see how the debt issue can be resolved without massive blow back. Neither does anybody else for that matter and that is why the can keeps on being kicked down the road. Maybe MAGIC, or a Miracle will save the situation is the rational.
Paul Ryan gave it his all....the best he could do is a tax reform bill (govt Stimulus to business in the form of less taxes) that creates a bigger at least short term deficit. It is ALL based upon a hope that it stimulates an anemic economy. What it ignores is the dynamic that there is no longer a broad based MC participation in continuing to spend conspicuously. A broad based American MC NO LONGER EXISTS...
The kids realize this at least subconsciously and that is why there are so many Snowflakes and kids dropping out.