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    Enlightened Despot Member Vladimir's Avatar
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    Default Re: US gubmint shutdown + default + subprime sequel?

    Quote Originally Posted by Banquo's Ghost View Post
    I'm a baby boomer and filthy rich. I am unsure as to whether I should live or die for the Vladimir plan to work.
    No I don't wish for anyone to die.

    Depends. I'm really interested to see the numbers on baby boomer's contribution to growth and revenue vs. burden on the economy. The Social Security crunch, rising costs for Medicare, and rising health care costs can be attributed to the aging boomer population. I know boomers contributed a great deal to growth, prosperity, and scientific achievement for the last several decades. To not veer too sharply off topic, these costs are part of the reason for the current budget crunch and I wonder what the budget situation will look like once they've passed. Or, even the economy for that matter. I don't know how much death taxes will contribute to federal revenue but they may mask the true economic picture.

    My boomer parents are still alive. I have a lot of respect for my father's work ethic but he often expressed a belief that just because he was an American he was entitled to a certain standard of living. He's a retired steelworker, which, is a great profession that paid well but became less competitive over time.

    BTW: I'm kinda honored that you two replied in tandem to my post.
    Last edited by Vladimir; 07-29-2011 at 20:56.


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