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Name:
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DS Realist
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Subject:
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Better Off?...you bet!!
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Date:
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8/24/2016 6:11:18 PM
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Mr. Architect,
Everyone did not have the good fortune that you did.
I did not have the foresight to see that the company I worked for was going to close their doors because of Obamacare and that the state of the economy (not doing so well) was going to prolong my job search. I did not foresee relatives who were going to be in the same spot with their jobs also.
I did not foresee surgery that was going to rob me for several thousand more dollars because of the higher out of pocket cost of health care.
Since my crystal ball is fuzzy, maybe I could borrow yours.
Maybe a different perspective will make you thankful for your good fortune and aware that it hasn't been so good for others.
The reason we have such low interest rates is because of the poor economy. The feds are afraid that if they raise rates, the economy will tank.
Other random thoughts about the last 8 years:
Also, why does the federal government subsidize the solar industry to the tune of $38B per year? They have pumped billions into companies that have either failed or are failing and continue to do so.
The govenment is the worst group to run anything, including the poorly manage healthcare initiative or any initiative at all (by 2018 there will be no choices for the exchanges; if the companies in the exchanges are losing money, they won't participate). If they are so good at managing our money, why aren't companies copying their successful strategies? Why has the deficit doubled?
Obama's legacy is almost certain to include a stubbornly large increase in the food stamp rolls. The nonpartisan Congressional Budget Office projects a very slow decline in the rolls. CBO estimated that when Obama leaves office in 2017, the number of food stamp beneficiaries will still be at 42.7 million — one third more than when he entered.
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