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Old 12-24-2017, 12:19 AM
 
2,078 posts, read 1,028,764 times
Reputation: 2108

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Quote:
Originally Posted by ahzzie View Post
Not all of us Democrats want open borders. That's what a lot of people don't understand. I would prefer tight border security, strong consumer/environmental protections, strong safety nets, and above all...universal healthcare that covers everyone.
You seem reasonable so I will try for a straight answer. why on earth should productive people be responsible to provide unlimited medical care for those who refuse to take an ou ce of responsibility for themselves.

 
Old 12-24-2017, 02:03 AM
 
26,787 posts, read 22,549,184 times
Reputation: 10038
Quote:
Originally Posted by phma View Post
Socialism and communism throw you away the day you are born.
If you manage to survive the preferred abortion they make you suffer till death. So there is that.
Nope, absolutely wrong.
Pensions were GUARANTEED for everyone in the USSR, no exception.
Women - at age 55, men - at 60.
 
Old 12-24-2017, 06:58 AM
 
Location: Sherman Oaks, CA
6,588 posts, read 17,550,899 times
Reputation: 9463
I didn't read this whole thread, but there is no debating the fact that American workers are in more dire straits than we were 25-30 years ago. When I gave birth to my son in 1988, everything was covered by my HMO. No copayments, no deductibles. Those can add up, especially when you're working for low wages.

I'm going to receive a very small pension from a company I worked at for eight years back in the 80s. The bulk of my retirement is going to be funded with my 401(k). I'm not sure how high the retirement age can be raised for taking full social security benefits. For me, full SS benefits kick in at 68 years old, but I may work until I'm 70, because those extra two years make a huge difference. I know people who really shouldn't work past 65 or 70, due to various health issues (shaky hands, etc.).

Some people failed to plan, yes. They just went wherever life took them without thinking about retirement. However, there are others who did everything right, and like the people described in this article, find themselves in a very bad place. We're going to see a lot of senior homeless people in the next 20-25 years. It's going to be bad. The worst part is that they'll be blamed for their misfortune, even though it certainly wasn't their fault.

How many of us have the resources to cope with a medical disaster? Let's say you have a cancer that can be cured, but only with expensive and time-consuming chemo, radiation, and/or surgery. What would you do? All of us are only buying more time, but how do you make that decision? Is this the kind of country we want to live in? "Oh, if it's going to cost $30,000 to cure this disease, forget it. I don't want to be in debt, so just let me die."
 
Old 12-24-2017, 07:05 AM
 
Location: Proxima Centauri
5,772 posts, read 3,223,143 times
Reputation: 6110
Quote:
Originally Posted by Jstarling View Post
Ah, you mean like the tax cut they made without the funds to pay for it? Our children will be saddled with those gifts to the wealthy.
Remember this next November. Our future depends on getting rid of these chiselers.
 
Old 12-24-2017, 07:10 AM
 
Location: USA
6,230 posts, read 6,923,893 times
Reputation: 10784
Sadly, it can only take one illness that can result in unemployment and medical bills that will hurl you into the streets. There is a reason why the homeless camps in cities like SF and LA are growing by leaps and bounds.
 
Old 12-24-2017, 07:10 AM
 
34,619 posts, read 21,615,505 times
Reputation: 22232
Quote:
Originally Posted by jeffdoorgunner View Post
My pension.. not flawless but as good as it gets..........
And it can possibly be chopped in half.

https://mobile.nytimes.com/2006/10/2...ww.google.com/
 
Old 12-24-2017, 07:16 AM
 
Location: Proxima Centauri
5,772 posts, read 3,223,143 times
Reputation: 6110
Quote:
Originally Posted by pknopp View Post
Interest rates have been artificially low for one reason. To prop up Wall Street.
The national debt in 1983 was 1.38 trillion. More relevant is that it was a healthy 37% of GDP. Interest rates were in the teens. What if we somehow lose control of inflation / interest rates again with a 21 trillion dollar debt. The poo poo will hit the fan.
 
Old 12-24-2017, 07:32 AM
 
Location: USA
6,230 posts, read 6,923,893 times
Reputation: 10784
Quote:
Originally Posted by erasure View Post
Nope, absolutely wrong.
Pensions were GUARANTEED for everyone in the USSR, no exception.
Women - at age 55, men - at 60.
Isn't this because largely everyone worked for the state in some form or another?
 
Old 12-24-2017, 07:45 AM
 
79,907 posts, read 44,199,011 times
Reputation: 17209
Quote:
Originally Posted by Robertfchew View Post
You seem reasonable so I will try for a straight answer. why on earth should productive people be responsible to provide unlimited medical care for those who refuse to take an ou ce of responsibility for themselves.
You seem reasonable so I will ask. Why the vast generalizations? There are many hard working individuals that work very hard that do not have health care.
 
Old 12-24-2017, 07:46 AM
 
26,497 posts, read 15,074,947 times
Reputation: 14644
Quote:
Originally Posted by craigiri View Post
https://www.washingtonpost.com/busin...=.e4211a31f038

I notice a number of posts even here on CD where people are talking about retirement at 68 or 70.

It's a political topic in this sense. Obviously the people in control of the peons (anyone with less than about 5 million) have decided that they are for a single purpose - to be used up and then cast away.

70? The average US Male now dies at 76. Many people have painful conditions starting in their early 60's and lasting through death. So if you play the game, go to school, work your entire life, etc - maybe you get 6 years of pain and sitting in the BarcoLounger as a reward?

So the New GOP Deal is simple.....work, then die as soon as you are incapable of adding to the GDP. I guess, in a sense, this is pure capitalism. Throw them out the door when they become a liability.

It's even worse than it seems because these people generally need other family members to help them in various ways....therefore making the lives of other tougher.

People here sometimes ask WHEN were the good old days? Well, it started with a couple things....

1. Only one parent needed to work.
2. A Pension was part of the future - often granted after 25-30 years (worker is 50-55).
3. Health care was included.

BIG difference today. For anyone who wants to know why we are becoming a 2nd world country quickly - look at stats like this.

Pure capitalism, as defined by Adam Smith can have pensions. He actually talked in favor of pensions.

However, you are falling for pension myths.

-At the height of pensions only 38% of people had one and most of that was in the top half of income earners, whereas 61% today have a 401K

-Pensions had more rigid vesting rules, often times 15 years back in its heyday

-Companies that went out of business often meant that one lost their pension

-401K money is more portable and can under certain situations be rolled over into an IRA or annuity

-Many pensions are set up in a manner that makes them hard to sustain payments without draining the company of resources, look at Detroit - the pension system was run by people who were voted into place by the union, you win by promising bigger payouts with less input and then we are shocked when it needs to get bailed out three times in my lifetime...

-At one point at the peak of the recession Ford was paying $2,000 of every new car that they sold to retired workers sitting at home, because their pension was underfunded...meanwhile, Toyota with 401Ks was paying $0 of every new car sold to retired workers. Toyota then had far more money for research and development per car sold. Guess what, liberals I know were driving Toyota, because of better quality, because of more research and development money...and the pension vs 401K is a driver of that.

-401Ks have less fees than pensions do, pensions charge much higher fees that you never see

The 401(k) Revolution Was a Victory for Retirement Savers | RealClearMarkets

-Sure there was a time when only 1 parent needed to work in the 1950s, but they didn't "need" a TV cable subscription, internet, a cell phone with a data plan for every family member above the age of 12, McMansions with jet spas, $120 designer jeans coming complete with pre-existing holes in the knees, they didn't eat out as often, college tuition has far exceeded inflation since the 1950s - as colleges waste money on 70 person hot tub etc...

To compare the shopping habits of today versus the 1950s is an apples to oranges comparison.
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