If they cut Social Security...

And the value of houses remain flat or worse, continue to decline...

And the stock market remains choppy or flat or even worse, declines...

And the State and Local pension funds start to default because the money isn't there to keep contributions coming...

And company pensions are running low and many could default...

What kind of retirement can anyone who reaches the age within the next decade or so survive?

If this depressed economy remains in a sluggish recovery or stays mired in recession, how will any of this be funded?

There is only one real solution and that is to pump the economy with the federal government continue deficit spending.

But not on wars.

We need to spend on construction jobs here.

We need to get money to the state and local governments so that vital services are not cut to the bone and millions of more people go on the unemployment roll.

We need to think about what kind of future we want for our children and grandchildren.

But most important, We must resist the temptation to cut spending and raise income taxes on te people who spend money in order to balance the federal budget.

If we don't do this, the country may have a balanced budget for one year but as the tax revenues continue to shrink, the deficits will reappear and start to grow exponentially.

The future will be how society is treated now, and part of that treatment is making sure their grandparents have resources. It could be argued that it will get more grandparents moving in with families. But really a future where older people live in poverty, and where children learn that is what society is doing, is ridiculous.

Although I think much of those news articles may be playing into Palin's death panels ideas, not sure if they are true.

If you want the children of the future to be cold hearted people, then teaching them to treat society badly would make that future. If it is shown society cares for its people at retirement, or that are not as well off, then you would have a future of compassionate children.

So if you believe in time travel, and think they are messing with time line, there is a huge incentive to raise people with compassion.

But anyways, I don't believe in temporal lore.

right now we've got huge numbers of families moving in with parents and grandparents because they can't afford to live.

All of those families will simply be homeless.

But it is an argument that lower wage households have more family members in same household. Although financial stress can take away any advantage that could offer, and ideas of desire for independence, and burden complex ruin any advantage from that also.

There are many reasons some like poverty in society, don't really want to think about them. Sad thought process create those reasons.

and memories of the Great Depression and WW2 (and Victory Gardens and Ration Books) were fresh -- multi generational households were common and generally accepted.

Now, if we could just get it through some heads in Washington, we might be able to work ourselves out of this economic quagmire. One would think that they had read a history book at one time. Sadly, that's not the case, apparently.

--what you are talking about is killing quite a few of those with lower incomes.

and NO ONE is looking out for us?

I am merely offering what I would do if I had any say in what is going to happen.

high marginal tax rates

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:kick: