The Biden Economy

[Oerets]

Liabilities exceeding assets.....

The answer for some is pay as you go. Yet they want others to pay, choosing to keep their wealth. Not wanting to pay for others less fortunate then them.

Much like the long term care issue and the answer some choose to protect assets. Appears everyone is in agreement that receiving care should not cause financial ruin. That just because you have assets are treated differently then those who don't. Taking steps to protect assets by setting up trusts or other legal means. Forcing the rest of the country to pay your way.

The argument now of the national debt. Increasing revinue is the steps forward needed with increased oversight of where the money goes. There is not a lot of cutting left without serious pain and loss of our way of life.