07-31-2011, 11:01 AM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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Quote:
Originally Posted by joshgirls
[t]hey will become obscene in 10 years when baby boomers really start sucking the life out of america. ...
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That's just a bunch of bullshit.
I am one of those "baby boomers" you despise. I have paid in this social security crap for 35 years. My money was used to support my parents generation's Social Security and Medicare and to pay US Government general budget obligations.
So tell me, if I paid to support my parents generation's retirement benefits and Medicare I should have to pay for mine too? (Or, to forsake any Social Security/Medicare that I have paid for)? If, the Social Security benefit is income qualified I could live with that I suppose. I could write some of it off to "social responsibility" and just keep making money 'till I drop dead — a lot of people cannot do that ... factory workers, construction workers — people that do physical labor.
The whole Social Security and Medicare thing is a giant ponzi scheme — but without Medicare in particular; the elderly retired working class were living near the poverty level in 1965. I was a kid back then but I remember how fucked up it was then.
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