On Jun 7, 11:52*am, "J. Clarke" wrote:
HeyBub wrote:
Too_Many_Tools wrote:

LOL...tell me...what will the millions of Americans do in the next
few years for retirement when their 401Ks are worth nothing, their
houses are worth much, much less and with millions living off what
savings they might have?

Get a job?

So what kind of job does someone in his eighties who has been retired for
twenty years get?

Hint--there's not enough work to go around right now. *A common problem
throughout history. *Those big pointy things in the Egyptian desert are
monuments to the Egyptian WPA as much as they are to the pharaohs who were
buried in them.

Or the damning fact that 60% of bankruptcies are medical
related...and you incur most of your medical costs after retirement.

No biggie. Bankruptcies have to be caused by something, else there
wouldn't be any.

And you do realize that this deep, deep recession has a long way to
go yet. Best estimates that the economy MAY bottom out late next
year. So how deep of pockets do you have..especially if government
payments are cut?

You're right. One will just have to cut back on expenses.

And when one doesn't have enough income to pay for food?

The truth in life is that you can do everything right and still
arrive at retirement penniless.

Yep.

Now you have done it...you are confusing a conservative with reality.

They would gain more respect from me if they would clean up their own
messes.

The truth is that this Country and its people will be fixing the
damage done by the conservatives for decades to come.

TMT