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Reply #3: Well, Reinhart and Rogoff re-affirmed their position after the error was pointed out [View All]

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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-01-13 09:29 AM
Response to Reply #2
3. Well, Reinhart and Rogoff re-affirmed their position after the error was pointed out
and nations of the world, including the US, still talk and act as though no one ever pointed out no stinkin' error.

I would like to understand the motive behind pushing all the wealth to the already wealthy]/div]


I think pushing all the wealth to the wealth pretty much ensures that those who cannot do with even less money than they have now will die off, either quickly or slowly. Cutting home heating fuel subsidies and pretending food costs should not be included in cost of living increases for OASDI sounds to me like a death sentence.

Take people who are elderly and disabled and already weakened by living on a subsistence level. See to it that they have even less to live on. And maybe even less access to medical care. (Seniors and the disabled who worked enough quarters are eligible for Medicare. But, what about seniors and the disabled who are not eligible for Medicare?) Do the math.

Lots of benefits to that approach. Helps the federal budget. Not so many receiving OASDI, SSI, etc. Cutting excess population helps the environment, too, without imposing more regulations on the job creators. Win win.

(Does anyone even enforce the regulations we already have?)

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