I agree with much of what you say actually. But, at the end of the day and as the income gap continues to widen, the people must be appeased. You should take into account that I feel money is simply a joke. Fictitious. It doesn't exist except as digits in a data base. So what if the government prints new money to give people welfare type programs. Who is it hurting? National debt? Please. It's a global economy. China needs us. We need China. My mom died in debt. I don't have to pay for it. As a matter of fact she was buying up stuff with debt left and right and was even waiting on delivery when she fell ill.
Anyway, it's all about time and how you spend it. As long as I can put food in my belly and keep a roof over my head I'm fine. I was a daytrader in 2001 and did very well. Until. 9-1-1. I went bust when they halted the markets. Lost quite a bit. But I was in a bunch of speculative crap so it was my fault. When the markets opened my stuff tanked. Oh well, that's when I went to truck driving school. Did that for a year. 14 years later I work in an office. Easy kushy job. It doesn't pay well. But, im making it. And I have iPhone, big screen tv, washer dryer. Pricey Man toys. I got from flipping AAPL options a few years back. But, I am far from rich or even well to do.
Anyway, I really believe the U.S. is moving toward a socialism attitude. Imagine what would happen if they cut out welfare and the food stamp programs all of a sudden? I think we may even see some serious riot conditions. Peoples are entitled to eat. Whether or not they work right? What about children? They didn't ask to be bred into this world. We don't get to choose our parents.
Anyway, not gonna debate this. It's pretty obvious common sense what i see. Have a good one.
