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I have a hardtime seeig any one thnk that corporate america is doing anyhting to medicare espeacilly when it the current administration who has taken 500 billion from its funding.
The upper income peoples should all be thankful that we have SS and Medicare in this country. Without them, the rich will forced to live in guarded compounds. They will need to hire armed guards to protect them and their children at all time. The US will be another third world countries because so many of old and sick people have no means of surviving and resort to violence just to survive.
I note you got no responses to this post. In the 1930's, before progressive legislation was issued, this was a very real threat.
I note you got no responses to this post. In the 1930's, before progressive legislation was issued, this was a very real threat.
Many of the posters in this forum are retired, well educated and have a sense of balance. This is not a political forum and thus many of us have long since learned how to ignore. No response is often not a result of being unable to disagree with but more often maturity and not giving merit when none is deserved.
Many of the posters in this forum are retired, well educated and have a sense of balance. This is not a political forum and thus many of us have long since learned how to ignore. No response is often not a result of being unable to disagree with but more often maturity and not giving merit when none is deserved.
Not sure what's more surprising, the lack of response to stockpro's post, or your response to me.
I've been retired for several years now, which is the reason I recently chose to join this forum. As far as being well educated, I have a PhD, but I grant there's at best a loose correlation between that and a well-educated person. As far as balanced, not sure about that, I just try to be.
I didn't think my (or his/her) post was political in nature -- it was historical. Many of the responses involve the undeniable fact that the rich pay more in taxes than the poor. This is not only true, but a historical consequence of our progressive tax system that was long debated as a consequence of previous economic collapses and issues with poverty and unemployment in this country. Not arguing for or against such a system, just stating the fact that this was what the nation decided during the post-boom FDR years, and it has served us well from then until recently. Perhaps it's time to revisit the historical issue, but it should at least be acknowledged.
It's little wonder, with the current economic problems and deficits, that these issues are once again being openly debated. However, I think it would be useful to place them in a historical context, rather than put such posters on ignore.
Not sure what's more surprising, the lack of response to stockpro's post, or your response to me.
I've been retired for several years now, which is the reason I recently chose to join this forum. As far as being well educated, I have a PhD, but I grant there's at best a loose correlation between that and a well-educated person. As far as balanced, not sure about that, I just try to be.
I didn't think my (or his/her) post was political in nature -- it was historical. Many of the responses involve the undeniable fact that the rich pay more in taxes than the poor. This is not only true, but a historical consequence of our progressive tax system that was long debated as a consequence of previous economic collapses and issues with poverty and unemployment in this country. Not arguing for or against such a system, just stating the fact that this was what the nation decided during the post-boom FDR years, and it has served us well from then until recently. Perhaps it's time to revisit the historical issue, but it should at least be acknowledged.
It's little wonder, with the current economic problems and deficits, that these issues are once again being openly debated. However, I think it would be useful to place them in a historical context, rather than put such posters on ignore.
Let me put it this way. Perhaps it is a good topic but wrong forum if you want discourse. Posters in this forum tend to focus on the nuts and bolts of how retirement topics apply to daily living and planning. They may visit forums with greater controversy but for many of us this forum is like a local one just focused on retirement.
Let me put it this way. Perhaps it is a good topic but wrong forum if you want discourse. Posters in this forum tend to focus on the nuts and bolts of how retirement topics apply to daily living and planning. They may visit forums with greater controversy but for many of us this forum is like a local one just focused on retirement.
OIC, that explains it. As a new member, I'm not yet fully aware of the protocol. Thanks.
OIC, that explains it. As a new member, I'm not yet fully aware of the protocol. Thanks.
I wouldn't say it is protocol but more the way things play out. There are some of us in here who during the election were on opposite sides with heated debate. Most of us stay away from the politics of it all just so we can have relaxed conversation free of trying to win political points. Same thing happens when there is an age difference amongst posters on this and other topics that could be controversial. Many of us are focused on our life span and not 40 plus years out.
Location: Finally escaped The People's Republic of California
11,329 posts, read 8,678,185 times
Reputation: 6392
With corporate America dropping defined pension benefits, something has to be done to keep S.S. Solvent, We can say "You must save for retirement" all we want, but there are a majority of young people out there who either can't or won't save enough. At least with S.S. they are saving a percentage of thier income through the goverment, it might not be the best plan, but it bets the hell out of nothing, which alot of them would be left with, then we would just have all elderly on welfare or some other social program
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