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Old March 15, 2016, 12:43 AM
ron lafuddy
 
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Default Re: Broke...To The Future

Dien,

The seminar speaker was Jack Miller, now deceased.

A couple of months ago, I ran across my notes from that seminar and read through them again.

Pondering that information, while watching things develop, has been a real eye opener for me.

Jack said that the problems were built into the system and they would play out badly over time.

He said you may be young now, but if you are still alive when this happens, you'll be old and your
best years, as far as health and productivity, will be behind you.

I was in my 30's then. I couldn't really grasp the things he was describing. It was a very different time.

But, he was right. I have lived to see the beginnings of the things that he described. And, it is coming down
just the way he said it would.

Somewhere I have the workbook from that seminar. I'm not sure that I want to find it.

Ron


Quote:
Originally Posted by Dien Rice View Post
Thanks Ron...

That's fascinating!

May I ask, do you remember who the speaker was?

Sounds like he had some real insights...!


To me, this sounds like it makes sense...

People want and need to be supported, especially as they get older...

Some people are okay. They've got a good "nest egg" stashed away.

But many don't. They'll need help...

Social security is running out of money. How to fund it all?

Of course, more tax paying immigrants is one possibly solution... More tax payers means more government money, and means potentially more money going into social security...

There may be other answers (I haven't really thought it through, or read what others have said)... But I can see the argument...

Very interesting. Who knows what will happen...

It's a big Pandora's box right now, as I see it...

Best wishes,

Dien
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