DSK wrote:
Dave wrote:

I thought the Bush/Cheney SS reform plan was pretty much dead even
before this recent election.

Well, yes, but sometimes it's hard to resist giving the dead donkey
another whack for good measure.

Plus, something similar will be proposed again before too long. It's no
more dead than universal health care - hibernating, perhaps, but it'll
be back.


Sure. $90k/year puts you in the upper brackets... of course it's not so
great as it used to be... wherein one was an educated professional (who
would receive, as part of their education, some lessons in managing
money) and/or one who inherited wealth (and thus had one finances
guarded by the family banker).

I wasn't aware that managing money was part of the classical liberal
arts education.


It was also before easy credit and a
culture of mass commercialism.

Ah yes. I remember cash. When your wallet was empty you had to stop
buying things. Those were the days. Now you can borrow six figures at
20% interest without ever having to touch any of that dirty green paper.


Nowadays, people rise into fairly lofty positions with quite narrow
educations, and also feel pressured to ignore sensible household
economics (if they were ever introduced in the 1st place).

I know what you mean, I skipped home economics in Jr High school and
took shop instead.

Are we supposed to feel sorry for the person who, at 65, is earning
$90k/yr + and is looking at retiring with a net worth in the red & no
retirement income beyond Social Security?

Well yeah. It must suck to be that stupid.

//Walt