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Old 09-01-2014, 07:58 AM
 
Location: Great State of Texas
86,093 posts, read 72,544,616 times
Reputation: 27566

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Quote:
Originally Posted by TuborgP View Post
Hmmmmm doesn't people not saving for retirement create the questions about caring for them when they become elderly? Is there a possible cause and effect? Just pondering the possibility.
That's what our social welfare programs are for..to subsidize their living costs.
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Old 09-01-2014, 08:11 AM
 
29,784 posts, read 34,885,423 times
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Quote:
Originally Posted by HappyTexan View Post
That's what our social welfare programs are for..to subsidize their living costs.
The reality that both of us have previously commented on is that the scale is dipping in favor of those who need and away from the resources to provide. bUU and several others would feel very comfortable with the Moral Monday movement. It is spreading in the South which is one of the regions with the least wealth to be redistributed. Our current social net is doomed and perhaps more quickly than we realize. One serious recession (inevitable ), interest rate hikes ( very probable ) and even one war and a lot could change in this country and others around the globe.
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Old 09-01-2014, 08:25 AM
 
Location: Great State of Texas
86,093 posts, read 72,544,616 times
Reputation: 27566
Quote:
Originally Posted by TuborgP View Post
The reality that both of us have previously commented on is that the scale is dipping in favor of those who need and away from the resources to provide. bUU and several others would feel very comfortable with the Moral Monday movement. It is spreading in the South which is one of the regions with the least wealth to be redistributed. Our current social net is doomed and perhaps more quickly than we realize. One serious recession (inevitable ), interest rate hikes ( very probable ) and even one war and a lot could change in this country and others around the globe.
That's a given seeing how society has changed over the course of years with more single mother households.
The south is a lower cost COL area so of course you will have more poor residing there.
The south also has more "undocumented immigrants" and they will not be high earners ever.

It is what it is.

It was pointed out that we spend over $1 trillion in means tested programs and that is growing by 20% annually. ($800 billion in Fed dollars and $200 billion in state dollars).

We are on the slow road of decline if you ask me. I look at central and south America for what our future might turn into.
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Old 09-01-2014, 08:38 AM
 
29,784 posts, read 34,885,423 times
Reputation: 11710
A closer look would be Detroit/Michigan and Chicago/Illinois. I wonder about the future of a few other states that could go either way.
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Old 09-01-2014, 09:10 AM
 
1,198 posts, read 1,575,915 times
Reputation: 779
Quote:
Originally Posted by bUU View Post
At least I am talking about the topic - rather than just whining about not having an unrebutted soapbox for self-serving claptrap, which appears to what you're contributing to the discussion in this self-serving posting.
No, you're not talking about the topic at all. You're repeating the same moral high horse over and over that attacks posts. That's why we are all sneering at you.

Quote:
Originally Posted by HappyTexan View Post
That's a given seeing how society has changed over the course of years with more single mother households.
The south is a lower cost COL area so of course you will have more poor residing there.
The south also has more "undocumented immigrants" and they will not be high earners ever.

It is what it is.

It was pointed out that we spend over $1 trillion in means tested programs and that is growing by 20% annually. ($800 billion in Fed dollars and $200 billion in state dollars).

We are on the slow road of decline if you ask me. I look at central and south America for what our future might turn into.
Single mother houses-especially with absent fathers-is a big problem, and I would argue a big part of low-income earners.

We need to think about to spend our social program funding so it isn't an enabler, but a short-term net that helps get moving forward. We need to develop programs to assist people to brush up on skills, perhaps microloans/small grants to start a business, ect. and hold them to it that they put in the time and effort to pursue these goals.

Last edited by Wolfpacker; 09-01-2014 at 09:20 AM..
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Old 09-01-2014, 09:50 AM
 
Location: Near a river
16,042 posts, read 18,988,950 times
Reputation: 15649
Even the wealthy are likely to end up on Medicaid (a social assistance program for low-income) after they "spend down," either through some "legal plan" or actually, as they enter nursing homes. With that fact, we have to step back and, as I said earlier, look at the whole picture (causes) rather than just effects. One major "cause" of our societal problem is the insane and spiraling cost of healthcare and SNFs, which began to happen exponentially in the boomer era.
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Old 09-01-2014, 09:54 AM
 
Location: Great State of Texas
86,093 posts, read 72,544,616 times
Reputation: 27566
Quote:
Originally Posted by newenglandgirl View Post
Even the wealthy are likely to end up on Medicaid (a social assistance program for low-income) after they "spend down," either through some "legal plan" or actually, as they enter nursing homes. With that fact, we have to step back and, as I said earlier, look at the whole picture (causes) rather than just effects. One major "cause" of our societal problem is the insane and spiraling cost of healthcare and SNFs, which began to happen exponentially in the boomer era.
Obamacare fixed that and people earning up to 400% of FPL get subsidies for their premiums.

$200 is not insane though for what people are expecting.."free" healthcare.
The more you want for free the higher your premiums are going to be.
That is not so obvious to many people.

$15 copay is not where it starts and ends.
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Old 09-01-2014, 09:58 AM
 
Location: Near a river
16,042 posts, read 18,988,950 times
Reputation: 15649
Quote:
Originally Posted by HappyTexan View Post
Obamacare fixed that and people earning up to 400% of FPL get subsidies for their premiums.

$200 is not insane though for what people are expecting.."free" healthcare.
The more you want for free the higher your premiums are going to be.
That is not so obvious to many people.

$15 copay is not where it starts and ends.
Healthcare (insurance and medical cost) had already started getting crazy insane well before Obamacare.
(It didn't help.)
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Old 09-01-2014, 10:02 AM
 
29,784 posts, read 34,885,423 times
Reputation: 11710
Quote:
Originally Posted by newenglandgirl View Post
Even the wealthy are likely to end up on Medicaid (a social assistance program for low-income) after they "spend down," either through some "legal plan" or actually, as they enter nursing homes. With that fact, we have to step back and, as I said earlier, look at the whole picture (causes) rather than just effects. One major "cause" of our societal problem is the insane and spiraling cost of healthcare and SNFs, which began to happen exponentially in the boomer era.
Folks our age who plan to spend down or transfer assets to avoid personally paying down the road will be in for a rude and probably fatal awakening. It is the same Medicaid fund that is breaking the back of states now. As you previously noted we have a lack if leadership on not only exploring alternatives but in even being honest with and explaining to people. ISIS is a direct threat to our social net as it is doubtful if we can afford a on the books war and ACA and other programs.
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Old 09-01-2014, 10:50 AM
 
71,708 posts, read 71,829,507 times
Reputation: 49273
Quote:
Originally Posted by HappyTexan View Post
Obamacare fixed that and people earning up to 400% of FPL get subsidies for their premiums.

$200 is not insane though for what people are expecting.."free" healthcare.
The more you want for free the higher your premiums are going to be.
That is not so obvious to many people.

$15 copay is not where it starts and ends.
we don't get any subsidy on our obamma care plan at all. but even so where we were paying 14k for insurance prior we now pay 6k and basically the gold plan is pay as you go for anything but your primary.

since we are in a small business obama plan we have a 3k out of pocket each but the individual gold plan is 6k out of pocket.

if we have no excessive claims for the next 5 months we will have saved about 4-5k on the obama plan with zero subsidy.
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