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Old 04-09-2010, 08:57 AM   #19
scottw
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Quote:
Originally Posted by PaulS View Post
At least I got my laugh for the day (redistribue wealth demonize capitalism ect. ). 12 months ago, our financial system was on the edge of ruin and we were in the worse economic situation since the great depression - certainly not as bad. However, how bad would it have been if the safety net put in place over the last 50 years not been there?
keep bouncing up and down on that safety net with a big grin... because your great grandchildren will be paying outrageous taxes to pay for the safety nets that you cheer today........you do know that all of the "safety nets" put in place are operating only due to deficit spending....right???? as in....there's no money for them???? Social Security is paying out more than it is taking in this year....wait....where's all the money they've collected since early last century to pay these retirees back their contributions......and all of the unfunded obligations that are currently bankrupting us at the state and federal level? what will you do when the "safety net" checks stop coming ?????
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