Generational Theft News Today

In need. so they are the ones who unfortunately are going to be left in the cold by these compounding, horrible economic problems that are only getting worse when you continue to print money and pass multitrillion dollar legislative packages that are going to result in generational theft, not to mention the short term problems we are seeing right now. figured out such a great point, kayleigh, when the economy is thriving people have more to give and they do. this is a devastating consequence tha...

Saying that the deficit will exceed a trillion dollars. i am old enough to remember when the president gave the interview, i believe it was with the "washington post" and he said he could eliminate the national debt in eight years. >> yes. >> what is going on? >> and she said the tax cuts would pay for themselves. this is an enormous tax cut that is at the heart of this deficit explosion that we are experiencing and these kinds of deficits, you have to understand them as a tax on the future. loo...

Overall racial sensitivity. how does a boomer explain to millennials that things arent always black and white, no pun intended? >> i think a lot of it is there are higher expectations and thats a good thing. of course, these are very complex issues. so im not going to cast the first stone here. what i do know what is that there is a recognition, especially among a young, impatient generation that the status quo just wont do. it turns out taking racist policies and saying we were going to replace...

$20 trillion. well be adding $1 trillion a year soon to that debt. the only way to solve that, any decent budget agreement weve had has been when weve had divided governments. when republicans and democrats said were going to share the risk. right now we dont have that. if we ascribe the worst motives to our opponents and call them clowns or losers, you lose the ability to sit down and solve the big issues and actually enact conservative policy. thats the paradox of all of this. somehow conserva...

Arabiaing ton. you think washingtons were values, the founders believed everyone should think that in this stays. >> theres nothing wrong with expensive law medicare part d. you wrote an op ed in u.s. news and world rereport. it is the answer to health reform. this is another exploding entitlement program which has my wage group which is healthier age group. you are giving us more money. >> you are right. we are builty of generational theft right now in america. i have always opposed unstaunded ...

But i am a private sector type of guy and my wife and i are raising our three kids less than a mile from where i grew up and if you think where washington is where value is created? we dont believe that a nebraska. the center of the world of small-town and the founders believe that everyone should think that other state because the private sector is the heart of america. john: there is nothing small town about this new expensive medicare part d. he wrote an op-ed in the u.s. news report that it ...

American recovery and reinvestment act passed the house and the senate. well, it was a big one. some think it should have been bigger. it was a $787 billion economic stimulus package that did create jobs. its a fact. infrastructure, investment, and assistance to the unemployed in this country, it was definitely needed. and there is no debate. theres no debate here. the 2009 stimulus package pulled this country out of the great recession. now back then, both houses of congress were controlled by ...

Who can do that? the government because they have all the money in the world. >> i think the disastrous rollout of obamacare woken up a lot of younger people to understand that obamacare is just one more case of generational theft thats going on where it is people like obama whos on the wrong side of 50. and its like medicare, its like social security. these are systems that were put into place for good reasons but are screwing young people. poor, young people and their future. >> to pay for me....

This whether theyre part of the medicaid switch or not. home depot founder and, ken langon. its good to have you here. >> how are you, neil? >> this health care thing. >> its a mess but we have other problems we need to address. look at detroit. a very ominous story there about pensions, about the affordability of pensions, about an exodus of people, two million, down to 700,000 people in 25 years. generational theft. all ties into the same thing, entitlements and benefits. >> the healthcare thi...

John: right now this is kind of generational theft. u.s. and uni try stealing from this case. can i have -- we have to pay for my medicare. >> it was not very nice of you to steal from my sister like that. john: they dont like it, but they dont vote, and even when they come to voting age we older people are much more likely to vote. i dont see how this will end well. >> that is right. the good news is that we can make adjustments that are modest starting now. the bad news -- for, we could make s...