C-SIDE
Member
I fear this is only the beginning. From an economic prespective, what is there to get excited about: Federal government is broke, a ton of state and local governments are broke, entitlements going up, all the population growth is at the lower-economic/lower education levels, which means more wealth transfer in the future. In short, taxes will rise and wage growth will decrease as productivity goes down. Even if ones wages do increase more than inflation, then any additional monies will go to ever higher taxes.
I'm short America and that is a sad fact :smt089
I'm short America and that is a sad fact :smt089