Considering that the US budget was balanced in 2001 when Clinton left office and social programs were thriving and those who voted Bush into office were born from 1992 and before, not sure you can blame only those born from 1960 and before for the financial woes of the country. |
I hate to get in the way of a good rant, but social security was created in 1935, ten years before the boomers even existed.
And social security was passed in 1965. Only a handful of the Boomers were of voting age. You are blaming the wrong generation. Do you not see that? |
Not only that, but I don't see many post boomers preparing to have the means to retire without social security and Medicare. |
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Sometimes I feel that way too... however..
It is frustrating, when Social Security and Medicare were created, the life expectancy was so much lower- it was a safety net for the extremely old, those who were fortunate to make it to very old age. Before that, elderly people were known to eat cat food because they'd be starving - Social Security was a much-needed safety net for a small few who lived so long. Now, it is a crushing demographic debacle - weak-willed or financially illiterate voters, ever-lengthening lifespans, spiraling costs. What makes me most sad, is what will be lost in the future as the country services all of the crushing debt... when instead, money should go to things such as research to cure childhood diseases and make peoples' lives better, drive the country forward economically, etc. I hope that all will find it within themselves to not just point their finger at the other guy, but for all to sacrifice. Ultimately I have faith that all, boomers and everyone, will do the right thing and move in the right direction. |
Precisely, PP. Social Security was never designed to serve as greens fees for healthy 67-year-olds with hundreds of thousands in retirement accounts. Bring on the means testing! I don't care how much you've paid into it, boomers. |
+1 My grandparents sold the house in Walnut Creek, CA that they bought in 1972 for $41k in 2005 for $850k, moved to Vegas and bought a house for $150k and are living large. Grandpa gambles his SS checks every single month. The ENTIRE check. It is disgusting. We pay taxes for him to play Keno. |
I L-O-V-E this thread. I am a 67 year old boomer, and I am so happy I have pissed off all of you. Never did a group of people deserve it more. By the way, Bruce Springsteen is over-rated. How's that for a smack down! |
I'm a Gen Xer who thinks you're an idiot, OP. |
Who cares what your grandfather does with his money? Don't you think he spent years paying into the system? MYOB, selfish brat! |
Springsteen is a boomer. |
Typical Boomer tactic: trying to control kids with money. I am a Gen Xer who paid for my college education, wedding, and house. If I can't afford it I don't own it and I like it that way. I already know I won't inherit a cent from my parents when they pass. But I will always be grateful to them for raising me to be financially, spiritually, and emotionally independent. So when I call them or write them or visit them it's because I -- gasp! -- actually love them, not because I am appeasing them in hopes of financial gain. |
ITA! It is so annoying. |
Think kurt consonant. |
If your parents are part of the CSRS retirement, they are not eligible for SS. Get your facts straight. CSRS eligibility ended in December 1983. |