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Originally Posted by dorock99
Funny according to you I'm now an "Obama" Bot? Yet, i don't seem to remember him asking to end Social Security and Medicare two things i have been arguing for a few years.....
After gathering more facts and information on the medical insurance industry and the value of health-care to older individuals..i changed my position on the Public Option, but i have not changed my opinion on Social Security it needs to go!
It is interesting I'm certainly not a Republican ( i was a card carrying member up until 2006, but then i realized my conservative beliefs did not align with the party beyond lower taxes)......
What the heck do you believe in Sunny? If your a conservative you should also be for eliminating these programs, but if you are a republican i doubt you are for eliminating these programs (big difference)
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How many years have you paid to Social Security? As many as 50? I did it for over 50 years so felt I had earned the right to get some of it back. Sure I didn't pay in as much as people do today but my monthly check is much less that today's people would get if the Democrats had allowed it to be repaired by getting the hands of Congress out of the fund. They just couldn't stand to have that "surplus", the money that was left at the end of each year, just sit there drawing interest. The Congress owes the fun nearly $3 trillion and the IOUs are in the box to prove that. Where can they get money like that?
Social Security as planned by the FDR people could be working for many more years if Congress hadn't started spending that money back in the 1950s. I don't think you have been around as long as that but I have. I graduated from high school in 1950 and have been watching them ever since that time.
Democrats created Social Security and got to spend that money for that whole 40 years that they controlled Congress. The saddest part of this is that the Republicans went right ahead doing it in the 90s and into the present century. Now we are to the point that less is coming in that is going out for a couple of years. Maybe we could make it better after the shock of the baby boomers is over and we get away from that 9.7% unemployment.
Kid, do you know that we old people get to pay the Medicare tax? Seemingly you don't. Yep, we get about $120 withheld every month from our SS check. That is over 10% for me. Did you know that our COLA will not kick in for the next three years? That will be tough when the rampant inflation comes at us.