Quote:
Originally Posted by Craig
The vast majority of americans still have the same job and income that they had a couple of years ago; the only thing that changed was their confidence in keeping that job. Once people believe that the economy has hit bottom and is recovering, they will relax and go back to maxing out their VISA cards. Not very bright, but it's human nature.
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Then, when we all retire, those who pissed away their money will be penniless, and the pols will tell us that our retirees are among the poorest in the world, and we simply MUST do something to improve their quality of life. If my investments have amounted to anything, I'm sure I'll be told that it's time to pay my "fair share" to help those poor souls out.
It irks me to no end that I'll end up paying for someone's poor choices while I drive nothing but used cars and have exactly one debt (my house payment) in order to prepare for the future.
Human nature indeed; the ugly truth.