Topic: Economy, what's left of
Speaker at the Woodrow Wilson International Center for Scholars discussing the poor outlook for US economic recovery. No rose colored glasses, no sudden hope or change.
Predicted maybe 2% growth over TEN YEARS.
40-50% tax increase just to cover health care for elderly. "Major increas in taxes, unprecedented in history" or 'major spending cuts' or "run very large deficits as long as the financial markets will allow it" "no way to finance the aging population" "competition for scarce resources"
Here is the critical question and an ugly prediction:
Q. Especially if Obama and the Dimocrats are the champions of the poor (black) huddled masses, why has Obama not only screwed them further into poverty while at the same time, GIVING THEIR RELIEF MONEY TO FORIEGN COUNTRIES TO GIVE TO THEIR MILITANTS AND POOR?
Prediction: The current economic struggle is not about rich v. poor (wealthy paying taxes) its about YOUNG V. OLD. Realize the baby boom is matured, there are a lot of "old people" ITS ABOUT GETTING THEIR MONEY.
The end game of health care will be to confiscate their "wealth" to attempt to "pay off the debt" which actually means "pay for their own health care" which actually means "pay for it TWICE"
The speaker just mentioned the "younger workers trying to finance their health care" as "one kind of conflict" and "simply between the rich and the poor"
He just posed the question "why should they (rich) be ALLOWED to have ...(their wealth)
This shows a COMMUNIST MIND SET (not by the speaker who made significant point of Reagans policies correcting carters Uncontrolled inflation) but of the people seeking health care at someone elses expense.
THIS IS AMERICA, Government did not "ALLOW" them to make their money, they did it on their OWN.
YOU MUST SEE THIS VIDEO. Hes defining our future..