Click title of this post for full article.
Of course the article points out that the Baby Boomer generation still isn't entirely retired. So, this number will only increase.
Only this year has the first round of baby boomers begun collecting Medicare benefits—and here comes 78 million more.
“The U.S. economy has become alarmingly dependent on government stimulus,” said Madeline Schnapp, director of Macroeconomic Research at TrimTabs, in a note to clients. “Consumption supported by wages and salaries is a much stronger foundation for economic growth than consumption based on social welfare benefits.”Interesting that the left in this country is actually more interested in providing more benefits, more spending, and more dependence on the government. What do they think is going to happen if we do this? What part of more dependence equaling less freedom do they not understand?
I don't mind a little safety net and I don't mind helping folks through some tough times. It seems to me that there are lots of different pork projects we can cut and still keep medicare and social security. What do you think? What would you cut? If you do want more government, WHY? What purpose is that going to serve if all of us end up in the poor house, like we've seen so many countries demonstrate before?
