Quote:
Originally Posted by Calgaryborn
Yes they are getting ripped off but, it isn't by me or my children. If you grow your wealth by investments you should know the risks. You should know where your company invests your pension plan and know the risks associated with it. There is no way my children should take it on the chin because of their bad investments. It's not fair.
I know I'm sounding cold and I do have empathy for their situation but, the burden is going to be huge going foreward. The children growing up today are not going to have nearly the opportunities to aquire wealth. For the first time in our nations short history the next generation will be left poorer than the last.
|
Agree with your posts, but the thing is pensioners can vote today while future children can not, so it is pretty easy to figure out who is going to take it on the chin. That's how democracy rolls.