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Reply to "Republicans plan to “rein in” social security and Medicare if they take control of congress "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]They are banking on Baby Boomers to be more wedded to culture wars than their bank accounts. I don't know why any Baby Boomer would vote for a Republican knowing this plan....but the GOP elite are betting they will. Identity politics are a drug.[/quote] If it's anything like past republican plans to reform social security, it will exempt anyone within 20 years of retirement [/quote] As someone under 45, I’ll be voting anyone proposing this. Why should the generation who refused to adequately fund these programs get the full benefits while sticking our generation with their bill. If there are cuts, then they need to apply across the board.[/quote] Because you'll be punishing those of that "generation" who didn't agree with refusing to adequately fund these programs, who voted against politicians who refused to fund them, who worked hard and need the money, that's why. Like my parents who over the past 50 years have volunteered in local politics to try to get Democrats elected, not always succeeding. They made modest money working hard, lived modestly, saved where they could, and now are counting on SS to make up the rest. Why are you trying to punish my parents? [/quote] It’s not about punishment. It’s about equitable distribution of cuts. Your parents shouldn’t get spared while the rest of us get hit with the bill and the cuts.[/quote] A potential cut is not the same as having earned income withheld for 30-40 years and then not get what was expected [/quote] But it's OK if the later generations don't get money after their income was withheld for 30-40 years? There is less money going in than money scheduled to be paid out. Part of this is because that first check that seniors get is based not off of how much money was paid in, but off of how much wages increased over the 40 years.[/quote]
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