Subject: Re: Morgan Stanley credits Bidenomics
knighttof3: It's also a big deal for the rest of us who are paying to keep these old folks in gambling money.

Nothing is free. Biden and Newsom are reaching into my pocket and taking whatever they want to give to asset-rich seniors who could easily afford it, but being baby boomers love freeloading.

Yeah, they're freeloaders alright, gambling away the rent money.

Except that half of all Medicare beneficiaries lived on incomes below $29,650 and one in four had incomes below $17,000. Those numbers are a couple of years old but close enough for this discussion, I reckon.

But which of the revenue streams for the cap are picking your personal pocket, exactly?