Godlike Productions - Discussion Forum
Users Online Now: 1,820 (Who's On?)Visitors Today: 360,830
Pageviews Today: 569,164Threads Today: 194Posts Today: 2,807
07:10 AM


Back to Forum
Back to Forum
Back to Thread
Back to Thread
REPORT COPYRIGHT VIOLATION IN REPLY
Message Subject We need to cut back medicare and social security from retired boomers
Poster Handle Anonymous Coward
Post Content
...


They span 19 years of time ( born 1946-1964) you sure are assigning a ridiculous amount of power to them.
 Quoting: Anonymous Coward 85459804


The sheer size of the generation made them politically powerful. They did nothing to stop or overturn anything - knowing full well that the younger generations following them would be denied those benefits after they had them safely in hand and suffer though a complete collapse. Selfish generation who never cared what happened to their kids and grandkids and that is how history will remember them
 Quoting: Weisshaupt


The last time Congress and President worked together to fix Social Security.

I don’t see a single boomer up there…the oldest were just turning 37 in 1983.

Enjoy and learn your history


 Quoting: Anonymous Coward 85459804


Precisely my point - The boomers did NOTHING about it . Just accepted thier kids would be screwed by the system and they would be the last generation of Americans to ever "retire" with benefits. Everyone after GEN X has to pay for the boomers retirement though SS taxes and regular taxation on the government bonds SS funds were invested in AND save for thier own retirements. Boomers knew this and DID NOTHING about it for the last 4 decades.
 Quoting: Weisshaupt


Well then let’s cut back to 75 cents on the dollar as anticipated around 2034 and make it a sheer pay as you go system. That can be the new base that Reagan is talking about here in 1983. That base is still something. People do need some kind of supplement in retirement and the payroll tax guarantees something there for them. Just leave it as it is with no changes to the SS Act and reduce the benefits as provided by the law. Problem solved.
 
Please verify you're human:




Reason for copyright violation:







GLP