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Lucky; Far Better Than Good:

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At the same time, 78 million boomers are lining up at the government pay window for Social Security and Medicare benefits and most of the current taxpayers are tapped out on credit. That point was made above; the government finds themselves having to send money out rather than taking money in. There is also the little issue of being some $63 Trillion in debt.

Lucky really is better than good, and it appears all the luck may have run out. The candidates know all of this. They even know foreign nations are supporting our country by loaning us a couple of billion dollars each and every day. So what is a candidate to do, fess up or hope to lie long enough to be able to say, “I don’t know what they did, it was alright when I left.”

That must be the case, as I certainly haven’t heard any solutions from the presidential front runners. And, those who do tell the truth and prescribe the bitter medicine necessary to change the above scenario, are no longer front runners. Nuff said.

 

 

 

 

 

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Mike Folkerth is the author of "The Biggest Lie Ever Believed" and is not your run-of-the-mill author of finance and economics. The former real estate broker, developer, private real estate fund manager, auctioneer, Alaskan bush pilot, (more...)
 
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