bill1952 said: "dude, that is plain ignorant. Those seniors have been paying into SS their entire lives"
Without getting into who is ignorant, I think it important to point out that there is nothing contradictory about these two statements. Seniors have been paying into the system their entire lives. And young families will be subsidizing senior citizens.
What you, bill1952, seem to be ignoring is that the seniors permitted all of their payments to be SPENT, and not saved, by making payments to a prior generation. They permitted this despite warnings from intelligent people along the way that such a ponzi scheme was unsustainable.
The real question is going to be, at what point will the younger generation, who will NEVER see any benefit from Social Security, demand that the program be abandoned?
There really are no surprises in all this. The outcome has been predictable all the way up to the point where the system breaks down and the payments to beneficiaries must be sharply reduced if not eliminated.
The only unknown is what people are going to do about it? Will they wise up and stop implementing hare-brained socialist schemes? Or will they simply find some other way to steal one person's money to give it to another?
Oh horseshit. We were outvoted by the same liberal trash in the same way that conservatives of all stripes are being outvoted right now, and with the same lasting damage, ie, these programs cannot be outdone.
you neatly sidestepped my entire point and shifted the blame to a straw man.
A cute dialog, but you sound like Nancy Pelosi, with the same propensity to ignore the facts stated and rail against a chimera created by you to avoid the issue stated.