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Old 01-30-2016, 12:59 PM  
slapass
Too lazy to set a custom title
 
Join Date: Nov 2002
Location: Earth
Posts: 14,627
Quote:
Originally Posted by Robbie View Post
Yeah, as you can see...those numbers have nothing to do with people retiring. They are the stats of people who are in the age group of the workforce.

And no...I don't think Pres. Obama sat down with some kind of evil plan to cause that.
I do think that he didn't know what he was doing. He never ran anything in his life before. He had zero executive experience.
So he walked into a ruined economy. Started printing TRILLIONS of dollars (which has made our money pretty much worthless), and instead of concentrating on the economy and jobs...he went with: ObamaCare and wasted the first 2 years of his Presidency when he had complete control of govt. (Dem House & Senate).
Obamacare was his and we will see if it ever bears fruit.

QE was the Federal Reserve. And I might be wrong but it did not work. They tried to devalue the dollar but it did not work. Inflation is still very low.
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