Quote:
Originally Posted by Raider Ronnie
Ya.
Our welfare system betters people's lives & makes us a better society !
|
The late, great Daniel Patrick Moynihan was a senator from NY (Hilary took his seat when he retired). He was a very liberal Democrat. When the current welfare programs came out, Senator Moynihan caught a lot of heat when he said that these programs (which give financial incentives for destructive behavior) would mean the end of the black nuclear family. Everyone said Moynihan was a moron.
Today, 73% of black babies are born out of wedlock. Seventy three percent.
And people still claim that the solution is to hand over more cash to young single moms.
Use my taxes to fund free daycare centers so that single moms can go to school during the day so they can get a job. You don't just give them cash for doing nothing.
According to Obama and the media, that view makes me a racist hatemonger.
15 or so years Raider Ronnie. If we don't right the ship by then, we'll hit he iceberg and the ship will right itself. The longer we wait, the more severe the fix will need to be.
Actuaries have been predicting this since the baby boomers were 10 years old. This is the most forseeable,
preventable crisis we have ever faced, and we did nothing to stop it. It's like we're standing on railroad tracks, watching a slow-speed train approach for 50 years, and we couldn't convince ourselves to simply step off the track. So instead, we'll get hit and deal with that. But history (and common sense) will show it would have been a whole lot easier to just step off the track.
In the meantime, put your money in cash and gold. When the inevitable happens, put it back in stocks, and make a fortune.