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No Need To Work, Welfare Pays Better!
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<blockquote data-quote="vantexan" data-source="post: 4860501" data-attributes="member: 24302"><p>People will always have children and health conditions. What I can't seem to get across is if you don't have a healthy, thriving economy with full employment you ultimately can't pay for assistance programs. Other countries don't want to buy our bonds when we're printing money. Keep doing that and you get runaway inflation. That makes it that much harder for the working poor to get by because pay always lags behind. The CPI for April rose by 4% or so. That means an annualized inflation rate of about 20%. So money at the end of '21 will be worth about 20% less than the start. That's a killer for those of us on fixed incomes. And it didn't have to happen. Y'all's faith in the government's ability to control inflation, or deflation, is about to be tested.</p></blockquote><p></p>
[QUOTE="vantexan, post: 4860501, member: 24302"] People will always have children and health conditions. What I can't seem to get across is if you don't have a healthy, thriving economy with full employment you ultimately can't pay for assistance programs. Other countries don't want to buy our bonds when we're printing money. Keep doing that and you get runaway inflation. That makes it that much harder for the working poor to get by because pay always lags behind. The CPI for April rose by 4% or so. That means an annualized inflation rate of about 20%. So money at the end of '21 will be worth about 20% less than the start. That's a killer for those of us on fixed incomes. And it didn't have to happen. Y'all's faith in the government's ability to control inflation, or deflation, is about to be tested. [/QUOTE]
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