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GrantMercury...how can that be? Pres. Obama is changing all that right? His policies stopped us from falling into a great depression and judging from the way he feels from the State Of The Union Address...everything is gonna kick ass.
Back when "trickle down" economics was the rage (Reagan years for instance), everybody was retiring richer than their parents did.
Other than the housing market crashing in 2008...which in turn crashed the banks and brought down the economy...everything was still kicking ass. (and that was all caused by CONGRESS deregulations starting in the Clinton years)
I STILL plan on having way more money than my parents did. Hell, I already do.
Are you saying that kids TODAY in 2013 are going to be poorer when they retire? Well of course they will! The govt. is going to tax the hell out anybody who becomes successful. That's what the President pretty plainly has said and won an election running on.
So just by the fact that it's going to be harder and harder to accumulate wealth...and IF you do the govt. is going to tax it hard and stop you from building it up...well, how COULD the next generation ever reach the heights of the current one?
Makes perfect sense to me, and has nothing to do with trickle down economics.
Now you're not only blaming 5 years of Obama all on Bush...but you want to go back 30 years and blame Obama's failure on Reagan too. lol
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