Originally Posted by Anyong Bluth
Heck, let's go back to the Clinton years of Fall of '98 and most of 1999. I remember11 it dipping into like the 70's and 80's for a while and I could fill up my Jeep , which had a 15 gallon tank if I correctly recall, for $11-$12!
Its all catching up as we watch a giant generation that is living longer and longer retire at at least 10,000 baby boomers a day and the much smaller proceeding generations can make up that dwindling revenue gap that expected to cover all the coat as health costs have spiraled out of control at rates multiple times the inflation rate, and continue to do so even though the cost of treatment and care rose a good chunk again last year but was the smallest increase percentagewise in over 30 years. Thats on top of the fact the spending power for been strippped for a large portion of Americans as wages have not kept pace with the cost of living since the 70's.
Automation, technology, losses of jobs being out outsourced as competition for cheap labor seeks to exploit improvrished workers about to the same levels of what we experienced during our industrial revolution.
We knew this 20 years ago, but did nothing, because the democrats scream and cry to win an election every time the subject comes up, including this time, at the precipice.