Ok,
I'll dumb down my arguments for the average dumbfuck republican that you are to GET it.
So listen dipshit.
-- For people to retire, they need to have income to live with for the rest of their life.
-- Retirees compliment their meager SS checks with income derived from their 401Ks and also hold considerable wealth in their houses (can be used as a source of income by either a reverse mortgage, renting them , selling them and moving to a smaller house)
-- 401ks in large part invested on the stock market/ corporate bonds because they carry a "reasonable return".
-- In part because of the failed MACRO ECONOMIC policy of the federal gov of the united states... and the NON-EXISTANT regulation of Capital markets; equity markets Tanked and the credit markets FROZE.
-- In part because of excessive liquidity and a business inspired gov sponsored "ownership society" a real estate bubble formed , exploded and deflated. In the process, depressing the wealth of millions of americans, even more tragic to Seniors since they don't have the "start from scratch" option
-- The money used to invade Irak could have been used in Alternative energy / infrastructure projects and keep the wealth inside the united states, which would have led to smaller deficits, maintained a stronger dollar, lowered the price of oil and KEPT on par or elevated the purchasing power of the average senior citizen.
-- The Fed government failed to come up with a market based of mandate or socialist or whatever solution to impossibly high health care costs incurred by seniors
-- Health care spending represent a major % of senior citizen expenses
-- pre-retirees find themselves with much smaller 401ks
-- They need to work more or live on lesser incomes.
-- The labor market is detoriating even further and seniors will find it even more dofficult to work, even if they want so
-- Millions of Seniors are delaying their retirement
Got it artard ?
I'll dumb down my arguments for the average dumbfuck republican that you are to GET it.
So listen dipshit.
-- For people to retire, they need to have income to live with for the rest of their life.
-- Retirees compliment their meager SS checks with income derived from their 401Ks and also hold considerable wealth in their houses (can be used as a source of income by either a reverse mortgage, renting them , selling them and moving to a smaller house)
-- 401ks in large part invested on the stock market/ corporate bonds because they carry a "reasonable return".
-- In part because of the failed MACRO ECONOMIC policy of the federal gov of the united states... and the NON-EXISTANT regulation of Capital markets; equity markets Tanked and the credit markets FROZE.
-- In part because of excessive liquidity and a business inspired gov sponsored "ownership society" a real estate bubble formed , exploded and deflated. In the process, depressing the wealth of millions of americans, even more tragic to Seniors since they don't have the "start from scratch" option
-- The money used to invade Irak could have been used in Alternative energy / infrastructure projects and keep the wealth inside the united states, which would have led to smaller deficits, maintained a stronger dollar, lowered the price of oil and KEPT on par or elevated the purchasing power of the average senior citizen.
-- The Fed government failed to come up with a market based of mandate or socialist or whatever solution to impossibly high health care costs incurred by seniors
-- Health care spending represent a major % of senior citizen expenses
-- pre-retirees find themselves with much smaller 401ks
-- They need to work more or live on lesser incomes.
-- The labor market is detoriating even further and seniors will find it even more dofficult to work, even if they want so
-- Millions of Seniors are delaying their retirement
Got it artard ?
