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Originally Posted by Jim in CT
We all need to calm down and take a breath, and stop listening to what they say on MSNBC.
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I used to think that FOX was the worst, clearly MSNBC is the most biased media outlet for the past 6-8 years. I can no longer watch it and it was the one I watched the most. CNN runs circles around MSNBC in objectivity.
Quote:
Originally Posted by Jim in CT
This election was not a widespread repudiation of the GOP. The popular vote split was 51-49. It just doesn't get a whole lot closer than that. This was not a Ronald Reagan-Jimmy Carter smackdown. And even if it was, the Democratic Party survived that, and they did it by becoming way more radically liberal.
The GOP will do fine in midterm elections, when the media can't demonize every single Republican running for the house and the senate.
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The election was close but until the GOP changes course on a few things they will continue to be close losses. At best it will be quick swings back and forth.
Quote:
Originally Posted by Jim in CT
There are 2 economic high-speed trains on a collision course in this country. (1) Our national debt is $16T, and growing by $1.5T a year. (2) FAR MORE IMPOERANTLY, 10,000 baby boomers a day are turning 65, making them eligible for social security and Medicare. Ten thousand a day, and that will last for 15 years. When enough of those boomers are old, sick, and have dementia, that's when we run out of money. This issue will make the current national debt look like a hiccup in terms of magnitude. The lowest estimate I have seen, for the projected shortfalls for SS and Medicare, is $40 trillion. Probably closer to $60 trillion. Ponder that for a minute.
When those 2 things collide, liberals won't be able to demonize conservatives for saying we need fiscal responsibility.
In the meantime...I'm converting 100% of my 401(k) to cash, and I'm waiting it out. When the inevitable happens, the result will be a recession that makes 2008 look like the roaring 1920's, and that's a damn good time to get back in the stock market.
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THESE TWO things are going to crush us but we keep kicking that down the road. Instead of acting like adults, our elected officials are refusing to deal with this. This is unacceptable.
Quote:
Originally Posted by Jim in CT
And Marco Rubio has a damn good shot at becoming the President in 2016.
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Don't know about that and 2016 is a little early to ponder.