Do you have more in credit debt than retirement?

Wally

BrownCafe Innovator & King of Puns
This means the vote goes to whomever can sustain the 37% mantra
Too many Gen X'ers spending like drunken sailors, not saving, which means personal sacrifice. Like the Central Pension doing nothing for 30 years to increase funding, these folk will see someone's else's money as theirs, and will vote according. Expect Medi-scare tactics from politicians.
 

Brown Down

Well-Known Member
total debt its about a tie without calculatiing my pension. credit cards? Never. thats what the home equity line is for. My cards are fully paid off every month.
 

fishtm2001

Well-Known Member
Too many Gen X'ers spending like drunken sailors, not saving, which means personal sacrifice. Like the Central Pension doing nothing for 30 years to increase funding, these folk will see someone's else's money as theirs, and will vote according. Expect Medi-scare tactics from politicians.
Let's vote for the self proclaimed "King Of Debt"
 

fishtm2001

Well-Known Member
Kommie Harris? She the queen of tax and spend for sure. He voting record proves it.
The combo of donald’s tax cut and the lack of any real spending restraint fueled both the deficit and the debt. So when the COVID disaster slammed us and we threw more than $3 trillion at it there was no longer any margin for error. Of course this is the opposite of what donald said would happen if elected.
 

fishtm2001

Well-Known Member
What really slammed us was the idiotic radical fascist authoritarian lockdowns that Democrats pushed for all across the country.
By the end of 2019, the debt had risen to $23.2 trillion and Fed officials were sounding the alarm. “Not since World War II has the country seen deficits during times of low unemployment that are as large as those that we project — nor, in the past century, has it experienced large deficits for as long as we project,” Phillip Swagel, director of the CBO, said in January 2020.
 

DriveInDriveOut

Inordinately Right
What really slammed us was the idiotic radical fascist authoritarian lockdowns that Democrats pushed for all across the country.
Gerald the problem was a lack of leadership at the highest level which resulted in 50 states going in 50 different directions.
If Democrats had been in control federally they very well may have shown their true authoritarian colors and forced draconian lockdowns on the entire country. Then we would really have been screwed.

Thank you for admitting you would have supported that.
 

rod

Retired 23 years
Too many Gen X'ers spending like drunken sailors, not saving, which means personal sacrifice. Like the Central Pension doing nothing for 30 years to increase funding, these folk will see someone's else's money as theirs, and will vote according. Expect Medi-scare tactics from politicians.

I don't feel guilty one bit for Central States Pension being bailed out by the government. In the 80's Central States was put under the watchful eye of Uncle Sam after it was accused of spending money for casinos in Vegas. It went T/U under Uncle Sams watch, so it was only right that Uncle Sam bailed it out. If the Teamsters would have been allowed to invest in Vegas the plan would have done great.
 

Wally

BrownCafe Innovator & King of Puns
I don't feel guilty one bit for Central States Pension being bailed out by the government. In the 80's Central States was put under the watchful eye of Uncle Sam after it was accused of spending money for casinos in Vegas. It went T/U under Uncle Sams watch, so it was only right that Uncle Sam bailed it out. If the Teamsters would have been allowed to invest in Vegas the plan would have done great.
Point is, 30 years they stood around doing zip, zero, nada. Same with these idiots not planning for retirement.
 
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