Originally Posted by
tsquare
Tell me about the rate though.... and how those numbers have been cooked as of late..... The debt is mega important. Interest alone on that $17 trillion is staggering, and when you have fewer and fewer people contributing to that reduction, it doesn't take a rocket surgeon to figure out how it will be paid for. While I haven't heard the noise lately, I am still concerned about ROTH IRAs and 401ks. They are gonna have to means test everything. Even Paul Ryan has talked about that. If the Hildabeast gets elected, I am terrified what her pen will do..... Remember, you and I (and most everybody else on here) are in the top 5%.
Here's another comparison for you. I started smoking today, and I will quit this afternoon. Good for me, right?
I'm not sure what you mean by the rate. If you are asking about the deficit, it's shrinking.
I think the point is that it's less than half of what it was 5 years ago. If you were smoking 5 packs of cigarettes a day a month ago, but now you are down to two, I'd be like congratulations -- keep doing what you are doing.
My 401K is more than double what it was back then.
Plus, I'm way better off than I was in 2008 and I suspect you are, too.
You have to admit things are going in the right direction, right?
So, maybe "things" -- and "the CEO" you were talking about -- aren't quite as bad as you make them out to be. :roll eyes: