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Eldercare
Reply to "Your thoughts on likelihood of rolling back SS, Medicaid, Medicare after first week"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]As a millennial I'd like to make ss optional so I can stop paying and cash out [/quote] "cash out"? It's a pay as you go system-- the most you can do is destroy the social safety net for seniors by ending social security but you are never getting your contributions back. Don't be a tool and let the right wing propaganda tell [b]you the money isn't there for social security--[/b] it's only not there if they steal it for other things, like tax cuts for the wealthy.[/quote] but the money isn't actually anywhere. It's an IOU from the feds. Your payments into the system are spent [b]by Congress[/b] immediately. Your payments aren't sitting anywhere compounding or earning interest.[/quote] All the money the government collects is then redistributed by the government. That's how taxation works. People need to stop thinking about Social Security like some sort of savings account.[b] It's welfare for the elderly[/b] (and a few other groups)[/quote] No. If that were the case, we'd means test it. Which we should be doing. I don't get why my mother and stepfather are driving around in a jag and collecting SS. [/quote] The only reason SS has lasted this long is that everyone gets some. The minute we start means testing, people will start thinking of SS like Medicaid. And you know how highly Republicans think of Medicaid. [/quote] Wish an enterprising local reporter would uncover how many Republican electeds have their parents/relatives in nursing homes under Medicaid LTC. Can’t imagine it is a small number as the annual salary for a senator/rep is $174K and the national median cost is $9733/month for a private room or $8669/month for a semi-private. That’s $116,796/year and $104,028/year, respectively. Can’t imagine they can swing either on that salary….[/quote] I highly doubt you will find many MoC whose parents are using Medicaid LTC. They are more likely to have parents who saved and invested, possibly have pensions. Their parents don’t need money from them, they are paying from their own savings and pensions. Medicaid LTC is for the very poor; it is very unlikely that elderly parents of MoC would be eligible for Medicaid LTC. [/quote] Wrong. Most assisted living retirement places nursing homes etc all push you to put your family on Medicaid. It is huge in MOCO. They burn down the savings before entering these places and then Medicaid kicks in. [/quote]
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