Subject: Re: Gen X and President Biden
I’m mentally preparing for another 4 years of Trump. Oh well. I’ll probably get another tax cut. We’re doing well. If the rubes want another 4 years of being taken advantage of, let them have it.
Me, too. And I'm retired now, paid off the house, so unless he fiddles with investment taxes, it won't affect me one way or the other. Heck, I'm having to worry about IRMAA because 1poormom's death left me with an IRA I have to distribute. Need to deal with that before IRMAA gets calculated in 2026 (or, rather, based on the 2026 tax year). Yes, it is a good problem to have, and definitely a first-world problem.
My concern is really two-fold:
1) he is deliberately divisive, which is making calm discussion of issues almost impossible
2) he is almost an isolationist, which allows players like China and Russia to run rampant; he even made noises about pulling out of NATO.
The second one could affect you or me. Wars are messy, and seldom good for economies. The economy affects even us retired people. And if the right is worried about asylum-seekers...??!! There are already a bunch from Ukraine. And wars are a good reason for asylum.
As we learned in WWII, the oceans may insulate us from global strife, but only to a point. We're still affected, and in this modern world a LOT more than we were in the 1940s.