And actually, that's the current debt. If you look at what the govt is obligated to spend for the foreseeable future, it's more like 150 trillion.
If you are a capitalist, would you rather sell your product in a market where people don't go bankrupt because of an illness and those can't afford your new product, or a market that has most of their citizens squared with away in terms of basic human needs such as health care so they can actually consider buying a new Ford Mustang?
Dishonest. During Reagan's era the Socialist Workers Party moved away from Trotsky and Marxism. In fact the leader, Jack Barnes gave a speech in which he declared an end to the idea of 'permanent revolution'. This was the period where Bernie Sanders was involved with the group. There were different factions within the party at the time. So it would be necessary to find out if Sanders was aligned more with the Trotsky part. Here's a hint. He wasn't.
It's not at all about free stuff, more about just wanting to live a healthy happy life. This idea that people just sit around and do nothing and want free stuff when Americans are the most overworked population is amusing to me. Americans are over worked and get little in return and the divide between wealthy and poor continues to grow and as it does the more people will turn to 'socialism' because they are tired of working 9to5 with little health benefits and little time to even enjoy what little money they keep to themselves.
The right wing takes advantage of people's incessant desire to feel that they aren't the bottom of society thus they create these fake narratives for poor rural folks that a bunch of urban people only desire free stuff without working so they can feel better about themselves.
That's fine. You aren't here for an actual genuine debate but rather "mAh BoTh SiDeS!" Understandable.
If conservatives in the past have blamed the Dems choice in Hillary for why we have Trump as president... can Dems blame the GOP for socialism because of their choice in Trump?
When you describe "socialism" as it is/would be in the US, everybody loves it. Explain to people that their Social Security, Medicare, pensions, etc... are all socialist practices and their eyes light up. "Liberal" and "Moderate" are the same way. We need better branding.
Yea, your economic argument in every thread of, "expand entitlements and the economy will boom" is genius. Line this guy up for the Nobel prize. "Free" healthcare, "free" college... free everything I'm sure that'll be great.
I'm even more enlightened. Thank you. And none of those services are free. They will be paid for by mostly people who can buy 20 LaFerraris and not feel financially constrained while doing no where near the labor to merit such exhuberant wealth. It's not really the best look for allegedly the "wealthiest nation ever"t have an individual who's residence has its own helo pad while in the same zip code two parents are working full time and still have to file for bankruptcy because their child had to endure months of leukemia treatment.
What can we claim over socialist Europe when 40% of us cannot cover a $400 emergency expense? https://www.seniorfinanceadvisor.com/news/americans-emergency-expenses 40% of Americans Can’t Cover $400 Emergency Expenses Updated on Nov 02 2018 Four in ten Americans can’t cover emergency expenses, according to a new report from the Federal Reserve Board. Lack of financial preparation is wreaking havoc on American households, especially those approaching, or in, retirement. The financial situation of American households has improved during the past five years, according to the Economic Well-Being of U.S. Households report. The report shows that in 2017, 74 percent of adults reported feeling at least “okay” financially, an increase of 10 percentage points from the first survey four years earlier. However, the majority of Americans say they are “unprepared” for any kind of financial emergency, whether it’s medical, car-related or another expense over $400. Why Is America so Unprepared for an Emergency? The study was drawn from the Board’s fifth annual Survey of Household Economics and Decisionmaking, which looks at the economic health of Americans. The survey of 12,000 people across the U.S. examined the following economic factors: Income Employment Unexpected expenses Banking and credit Housing Education Retirement planning One-third of the people surved marked they felt they are “living comfortably,” and another 40 percent felt they are “doing okay” when it comes to their finances. However, a large portion of people are struggling, with notable differences across race, ethnicity, education levels and geography. The majority of hardship comes from the following situations: People working to repay student loans Unexpected emergency expenses Inability to manage retirement savings Addiction to painkillers Repaying debts and paying for addictions make saving difficult, making emergency expenses and retirement savings nearly impossible for many Americans. Greg McBride, Chief Financial Analyst at Bankrate.com, comments: “The finding that four-in-ten adults couldn’t cover an unexpected $400 expense without selling something or borrowing money is troubling. Nothing is more fundamental to achieving financial stability than having savings that can be drawn upon when the unexpected occurs.” The report was eye-opening as it showed that fewer than 40 percent of adults think their retirement savings are on track and 25 percent of Americans have no retirement savings — which is scary with today’s “silver tsunami” of retiring baby boomers. What Americans Can Do to Prepare For Retirement McBride mentions one of the main reasons Americans are so unprepared is because they don’t have a retirement plan strategy or overall education about retirement planning. Days of pensions and company-sponsored retirement plans are past and people need to be proactive. Also, many people have part-time jobs that don’t offer benefits. McBride comments: “The burden is on us as individuals to save for our retirement. Take control of your financial destiny by contributing to an employer-sponsored retirement plan such as a 401(k) via payroll deduction, or arrange automatic monthly transfers from your bank account into an IRA.” Setting up automatic direct deposits from a paycheck to a savings or investment account that can build not only a financial cushion, but also compound interest. Connecting with an expert financial advisor can help guide you in the financial marketplace as to what investments make sense for your unique situation. Consider expert financial help today to get your retirement planning on track.
You're going to run out of other peoples money to spend. We can't even pay for the current entitlement system and we are 22 trillion in debt but you're gonna blow it wide open and the 1% is gonna pay for all of it. Sure.
