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Message
re: An aging America: Old people will outnumber children for the first time in US history
Posted on 11/26/18 at 2:29 pm to RogerTheShrubber
Posted on 11/26/18 at 2:29 pm to RogerTheShrubber
quote:
Your standard of living is greater than your parents or grandparents will ever have..
Uh, no. Gen X is the first generation to lose buying power compared to their parents. Millenials will be worse off yet.
1
Posted on 11/26/18 at 2:30 pm to fallguy_1978
quote:
The welfare state is causing Idiocracy to become reality
Absolutely. People who wouldn't have survived decades ago are now thriving and breeding. they'll be the downfall of civilization.
Posted on 11/26/18 at 2:31 pm to mmmmmbeeer
quote:
Gen X is the first generation to lose buying power
Only if you don't include things like interest rates.
If you do, you've got far more buying power than previous generations.
Posted on 11/26/18 at 2:34 pm to Slippy
quote:
It's because modern white Americans, partcularly the more liberal ones, are selfish. They don't view having children as something rewarding or beneficial to society. It's all about them. Making sacrifices are not something they do.
Maybe some of us would rather take dope trips to Thailand then having kids that will hold us back.
This world can only have so many Bently’s, Hayden and Ashleigh’s...
Posted on 11/26/18 at 2:35 pm to ellishughtiger
quote:
then having kids that will hold us back.
You're obviously not fit to be a parent.
Posted on 11/26/18 at 2:38 pm to RogerTheShrubber
Don’t you have sexual predator fliers to pass out to your neighbors in Alaska...
Posted on 11/26/18 at 2:39 pm to Willie Stroker
I don’t believe we should interfere with the births of any. We should, however, stop subsidizing/incentivizing births and let parents afford for their children themselves. Put the onus back on personal responsibility.
Posted on 11/26/18 at 2:40 pm to Oilfieldbiology
quote:
stop subsidizing/incentivizing births
Absolutely.
Posted on 11/26/18 at 2:41 pm to RogerTheShrubber
quote:
Only if you don't include things like interest rates.
If you do, you've got far more buying power than previous generations
You cite this is every one of these threads, and it's always incorrect. Yes, interest rates were high, but that also meant that your money actually made money risk free. That's not true today.
Posted on 11/26/18 at 2:42 pm to ellishughtiger
quote:
Don’t you have sexual predator fliers to pass out to your neighbors in Alaska..
Go on....
Posted on 11/26/18 at 2:44 pm to Mingo Was His NameO
quote:
Yes, interest rates were high, but that also meant that your money actually made money risk free. That's not true today.
Meh, you might have gotten 1.5% in a savings account but you still had a 7% mortgage and 8% auto loans. This is early 2000s. Obviously rates were much higher in the 70s.
Posted on 11/26/18 at 2:45 pm to fallguy_1978
quote:
Meh, you might have gotten 1.5% in a savings account but you still had a 7% mortgage and 8% auto loans. This is early 2000s
That's not what we're talking about.
quote:
Obviously rates were much higher in the 70s.
Yes, as in you were getting 8% or 9% on CD's
Posted on 11/26/18 at 2:45 pm to RogerTheShrubber
quote:
Absolutely. People who wouldn't have survived decades ago are now thriving and breeding.
Senior citizens. SS was created because the Depression stung...people died because they weren't able to find or perform work. I, for one, appreciate a society where we don't throw our elders onto a scrap heap and wish them good luck.
Outside of corporate subsidies, the earned income credit is close to, if not the largest giveaway in this country, introduced and signed into law by Republican President Richard M. Nixon. Why did Republicans like the EIC? Because it was a boon to the economy by putting money into the hands of low income households which was immediately spent on groceries, cars, homes, appliances, etc., increasing corporate profits through higher demand and employment.
Posted on 11/26/18 at 2:45 pm to fallguy_1978
quote:
Obviously rates were much higher in the 70s.
20% car loans in the early 80's. 16-17% mortgage rates as well.
Posted on 11/26/18 at 2:49 pm to Mingo Was His NameO
quote:
Yes, as in you were getting 8% or 9% on CD's
And paying 16+% on loans. That's not a better situation than 5% loans and 1% on CDs.
Posted on 11/26/18 at 2:49 pm to RogerTheShrubber
quote:
20% car loans in the early 80's. 16-17% mortgage rates as well.
No one forces you to spend money. Interest rates are a monetary tool to influence spending or saving. In that environment you could make nearly 10% returns on putting your money in the bank.
Posted on 11/26/18 at 2:50 pm to fallguy_1978
quote:
That's not a better situation than 5% loans and 1% on CDs.
If you are the creditor, it's absolutely better.
Posted on 11/26/18 at 3:34 pm to Mingo Was His NameO
quote:
No one forces you to spend money.
That's a retarded way to look at it
Posted on 11/26/18 at 3:36 pm to facher08
quote:
Free market economics is the basis for modern conservatism.
I guess conservatism is only a thing in America. I didn’t know we were so special.
This post was edited on 11/26/18 at 3:55 pm
Posted on 11/26/18 at 3:36 pm to mmmmmbeeer
quote:
Because it was a boon to the economy by putting money into the hands of low income households which was immediately spent on groceries, cars, homes, appliances, etc., increasing corporate profits through higher demand and employment.
It's a disincentive to work, it's a failure. As are most social programs.
LBJ fricked the poor over worse than anyone
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