Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Government employee pensions at all levels are the real budget killers - make them go away and put them into social security like the rest of us. any so called double dippers can be shot at sunrise. Problem solved.
Double dippers earned what they got. Why don't Republicans go after the other group that don't earn what they get from the government, such as those on welfare? I thought Republicans hated those people most of all. It should be about the producers vs the moochers.
Why doesn't anyone focus on the out of control COSTS of "healthcare" in the United States?
Why isn't there any talk of cutting Medicaid. Our country spends more for welfare medical costs that it does for retiree medical. Seems as if Medicaid should be the first thing to go.
Because people want more Medicaid. In Red States, Republican legislators who didn't want more Medicaid under ObamaCare are finding the people are countering by going to the polls where they can to vote YES! Oklahoma may be the next state to do that in 2020.
Trump absolutely didn't say any of that. This topic was based on fake news by the OP. There's your issue. You really didn't see anything but what you wanted to see.
As for the rest, this topic speaks for itself. The MSM tells you "Orange Man Bad" and you, on queue "Orange Man Bad".
Cutting SS and Medicare has always been a republican target and Trump has signalled he's on board with the process but of course, he'll do nothing that impacts his electability nor his personal vision of his stature.
Cutting these programs has always been a Republican two step process, ever since the Reagan Administration when, (Ahem), Larry Kudlow was cooking up Reagan's economic policy.
The policy is called "starve the beast".
Starve the beast starts with a giant tax cut that gives the people's money to run the government to a very small percentage of the population.
This balloons the deficit to noticeably intolerable levels.
Republicans immediately pivot to bringing down the deficit, which they accelerated with their tax cuts in the first place, by advocating a period of reigning in social programs.
They have always felt that if they gave away enough of the tax payers money and borrowed heavily they could balloon the deficit to such an intolerable amount that the voters would accept losing their entitlements to bring the deficit down to a manageable level.
Once the deficit is down again, the republicans will provide the rich with another round of massive tax cuts and strangle the federal government some more.
The process is a big continuous loop of tax cuts and accompanying deficit reduction.
Physically, the analogy would be the water swirling around your toilet after you just flushed it.
Seems the only argument among many voters is "Whose ox get's gored." The morality of dismantling various social safety nets in the richest nation on the planet doesn't seem to be a factor in the process of discussion.
Boomers are the first generation who have paid into SS AND Medicare their entire working lives. Their contributions created the benefits used by their parents’ generation.
A portion of Medicare benefits have been funded by general revenues all along.
The first Social Security beneficiary paid a total of $24.75 in Payroll Taxes between 1937-9. She received $22,888.92 in lifetime benefits.
Congress controls eligibility criteria and benefits.
Not likely, any current or future Congress will diminish benefits of existing and near term beneficiaries.
Thanks for the rebuttal. I am tired of the generation wars. I wish people would quit blaming boomers, gen x, milllennials, even gen z for every little thing. We need to unite, not divide.
Thanks for the rebuttal. I am tired of the generation wars. I wish people would quit blaming boomers, gen x, milllennials, even gen z for every little thing. We need to unite, not divide.
Exactly. Every generation has had to come up with its own solution to the situation at the time. We won’t accomplish anything if we don’t work together.
I don't see Trump campaigning on that worn out rhetoric.
Probably not, but after he get's a second term, all bets are off concerning democracy, the constitution, social safety nets and state controlled business, similar to the old soviet union. (IE: "I hereby direct all corporate business to immediately cease doing business with China")
Adding insult to injury, this directive was announced on twitter.
Just paying interest on the debt will eventually be a financial disaster of Biblical magnitude and then there is the dirty secret no one will talk about, the unfunded liability of many programs which is estimated to be between 100 and 200 TRILLION. That makes the $22 trillion debt look like piggy bank money. When that financial bomb explodes our enemies will walk all over us like a doormat. I am so glad to be getting old, its been a great life. Hope to be dead and gone before the SHTF.
It's long past time to phase out SS and move to individual plans.
Ponzi schemes fail in the end.
Social Security is insurance.
If your belief is that all insurance is a Ponzi scheme, then you are entitled to your opinion, but it remains a fact the Social Security was conceived of and remains insurance against the affects of poverty in old age. No private savings plans can fulfill that role (any more than private savings plans can replace medical or liability insurance).
Private savings in addition to social security is always a good and advisable thing.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
