Skip to comments.Do You Want To Scare A Baby Boomer?
Posted on 01/17/2013 9:02:32 PM PST by blam
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"No need to worry the government will take our guns and then the young will kill all the old folks."
Soylent Green is Old People!
Didn’t these same people pay into SS for the last 40 years? What’s the problem? SS is a Ponzi scheme scam and it might well sink us.
Obamacare has a solution for this problem
I get by on less than that.
I could reduce that further if the local shakedown/protection racket would reduce the property taxes.
I is old people, enjoy me with milk.
Honey, I’m pregnant!
we don't have nearly enough saved...we've had two weddings and a house payment and two colleges to help pay for...
I want my Ss...I'll work some piddly job for the extra money....guess I'll be forced to.
I’d be happy to get that much SS, mine is around half
Looks like most of these problems would disappear if we could re-educate people that “retirement” is an old fashioned concept, like the Constitution or “Rule of Law”. Work ‘till you die. It’s Patriotic! Like paying taxes!
I just want to point out that you can die within 8 hours in Death Valley, apparently without suffering to much. You won’t really even notice the heat, because there is often a nice breeze blowing through there.
That was exactly the point, by the way. From Henry George’s Single Tax to the income tax to counterfeiting (the Fed) to the death tax, gubmint has, especially since the progressive era, deliberately attempted to make it impossible for you to support yourself. Nevermind their reasons, which I never understand anyway. They don’t like “unearned income,” they wanna head off plutocrats from stealing democracy, poverty in the midst of plenty is morally anathematic, we gotta spread the wealth around, blah, blah, blah. Mostly it’s because they live to spend money, and you can only find it where it is.
The result is very little culture and sheeplike people. But, hey, at least we have McDonalds and gang wars.
Suckling on the government teat is not a liberal vs conservative issue. There are plenty of conservatives, many on this forum, that rail against it on one hand and enjoy the fruits of it on the other.
I'm pretending that there isn't any safety net, and that I'm on my own until Jesus takes me to his bosom.
What is so surprising about this data. The country celebrates debt and interest payments and the baby boom has no concept of hard times.
Get yourself out of debt, stop paying interest and watch your savings grow quickly.
Spend tomorrows money today and you will have no money tomorrow.
the young will kill all the old folks.. well yes that too when video games get boring.
Not to worry..
The 1960s Marxist-Alinsky campus radical, spoiled brats and their ideological issue (the Establishment) can be gruff but honest when it comes to the old and useless eaters. The progressives' future rests on finding the right solution.
President Obama: At that age just a pill might be better than expensive cures.
Former Senate Majority Leader Democrat Tom Daschle has praised Europeans for being more willing to accept "hopeless diagnoses" and "forgo experimental treatments," and he chastises Americans for expecting too much from the health-care system.
Former Governor of Colorado Democrat Richard Lamm: Seriously ill old people have a duty to die and get out of the way.
and then there's the Democrats' Pelosi..
Palliative End of Life Optimum Serenity Initiative (PELOSI).
“Obamacare has a solution for this problem.”
Obamacare IS a solution for this problem.
But there is certainly a point of diminishing returns for health care. Where that point will be drawn AND BY WHOM(!), I have no idea.
as long as Obamacare covers Viagra, they’ll be happy...
Didn’t these people ignore this for the last 40 years.....? Fruits of the 60’s generation and chickens coming home to roost? What should have been saved was instead used to grow a large parasitic population.
For most of history, several generations lived together. The younger generation is not going to like it, but Mom and Dad will be arriving soon with their luggage.
Don’t trust anyone under 48, I think that used to be a slogan.
Civil war is a solution for this problem..... That’s the Obama plan.
“No one ever said life would fair, son”
—Everybody when I was a kid
I have been doing some research on the SS issue. It seems that in 1983 (Reagan admin), Rs and Ds got together to try to save Social Security. One thing they agreed on was that the salary cap at 90% was reasonable. However, the cap apparently has been increased at the cost of living rate, while incomes at the upper levels have been increasing much faster. Thus since some time in the 1990s the cap has drifted down to hover around 85%. I think last year it was even as low as 82%. All we need to do is insist that Congress or whoever sets the cap return to the bipartisan cap rate of 90%, then to make up for the 15 years when it was much lower, it should be increased by 1/2 or 1% to the 95% level and held there until SS is solvent again. Since by that time the baby boom elderly bulge will have gone by, then it could be lowered back to the 90% level.
Also in 1983 it was agreed that for the first time SS income should be taxed (whatever happened to no tax Republican ideals). A complex calculation formula was developed that included a deduction for $25,000 for single people, and $32,000 for married couples. Unfortunately, this figure was NOT indexed, so now we have a problem similar to the Alternative Minimum Tax (AMT). If this deduction had been indexed, the single rate would be over $57,000, and the married rate over $74,000. I would love to marry the fine man I have met since my husband died 6 years ago, but we really cannot afford it at the 1983 rate. We could if Congress would index that deduction to today’s value and index it permanently as they apparently have done with the AMT. It is ironic to think that widows and widowers are feeling compelled economically to “live in sin” by this oversight.
...or BE fair, either!
You post some entertaining stuff.
Promises? Who made those?
Some guy dishing out others money now long retired?
Sadly Reagan joined in on this scam but at the time 30 years ago it looked workable.
And here I thought a significant number of the ‘Peter Pan’ generation still lived with Mom and Dad.
Sorry. No room for parking coffins in the front yard. I'm an orphan.
And I'll be dashed if I move in with my kids. After I got hurt bad in 2009, I did have to stay with someone, and that lasted for about a week until I could actually get out of bed by myself in about a half hour.
How did the media succeed in turning a continuous, permanent, uninterrupted program from the 1930s, into a “boomer” program.
One would think that all the old people used to do was defeat Nazis, and that the boomers created SS when they were children and teenagers in the 1960s, and starting the Vietnam war.
What they pay every month or two for a home mortgage, was the greatest generations *full* price for their brand new homes.
Think about that for a second.
Dad said, gimme a bucks worth of regular and people jumped up to check his oil and clean his windshield...And spoke English...
The great generation had very secure jobs, worked 25 years or so and retired....on good pensions with good medical benefits....The private sector boomers have none of that. zip...
That great generation bought brand new homes, had secure jobs, and great medical benefits all on ONE income...one income....lol
Try that in today's America...You'd last about 2 weeks.
It's my opinion that "Great generation" had it made in the shade, and went thorough some of the best times in U.S. history...This isn't even debatable.
My folks bought a brand new home for what many boomers pay every two months in their freaking mortgage...And *both* are force to work into their 60s, 70s and beyond, as they work harder for less money each year...
Ya think things have become better and better each year for boomers in the past 25 years? Think again slick.
agreed, my three adult kids and husbands struggle like we never did.
The only way I could live with my DIL is if I’m suffering from Alzheimer’s.
A factor I’ve not seen discussed is that people have waited longer to start their families than our generation did. By the time we were 40, our kids were grown and almost through college or had jobs and were out of the house. We were entering our peak earning time and so had at least 20 years to stash money for retirement. Our kids, on the other hand, didn’t even start their families until they were 40 and will be pushing 60 or older when their kids’ expenses start eating up every penny of their income with nothing going into savings for their soon-to-be retirement age.
> Obamacare has a solution for this problem
Take your shot, SIR! Yes it IS mandatory when reach retirement age. Here’s the address. Why yes it is secluded but you can find it easily. It’s located right next to the crematorium...: )
“So what do you think? Do you believe that there is a solution to our retirement crisis? Do you think that we can actually keep all of the promises that we have made to the Baby Boomers?”
What promise did I make to baby boomers? Did anybody ask me whether I wanted to be paying social security taxes? No?
Then it’s not a promise. What this is - is theft. Is there a way to steal enough money? Absolutely.
> we don’t have nearly enough saved...we’ve had two weddings and a house payment and two colleges to help pay for...
I want my Ss...I’ll work some piddly job for the extra money....guess I’ll be forced to.
I hear ya. I’ve been talking-to a LOT of people that have told me their savings is bleeding trying to keep up with the increased cost of everything (btw - I don’t believe those Obama administration released inflation figures; my own personal experience and others tells me its skewed and full of crap). I don’t think you’ll be alone on the poor farm. I’ll be there right along beside you...as will a lot of others
The way it is going now, it will be the younger generation never packing their luggage and leaving Mom and Dad.
If it’s not a boomer program, why did the boomers insist on keeping it? You’ve had 24 years of boomer presidents to get rid of it.
Compared to my folks generation, most boomers have been left with a derailed country, lost jobs, lost homes, lost medical insurance, bankrupt retirement plans, lost investments, lawless borders and a corrupt government...Then their told government looted Social Security, it's bankrupt and they might have to work till they drop dead....
My mom would have never been able to deal with what millions are dealing with today...She was one of the millions of stay at home moms, who never had to work a day in her life outside the home..She and much of her generation went though the late 40s, 50s, 60s and 70s living pretty damn easy...I'm not hold that against her, I'm just telling it like it is..
Don’t really sympathize. Imagine you’re trying to get married for the FIRST time but you’re shelling out SS Tax.
I’m sorry you don’t love your partner enough to sacrifice for them.
One of the best moves I ever made was joining the Air National Guard when my active duty time was up. An extra $2000 a month and full use of any military base amenity for life. We buy most of our food at the commissary at a 40 percent savings over the civilian economy. And I can fly space A for nothing. Yeah, best move I ever made.
I get by on half that!
Boomers have never known hard time - good thing they are teaching us!
What a goofy post.
Boomers seem to be the generation that is trying to fix it, challenging it, yet again, people like you associate it as a “boomer” program.
“millions of stay at home moms, who never had to work a day in her life outside the home”
That sums up the boomer perspective perfectly. Yeah, stay at home moms contribute nothing.
“Boomers seem to be the generation that is trying to fix it, challenging it, yet again, people like you associate it as a boomer program.”
Right. When did Clinton fix it? When did Bush fix it? When did Obama ‘fix’ it?
You’ve had 24 years already since 1992 to fix it. What, are you going to get it right now?
It is a boomer program - you’ve had your chance to fix it and you all failed.
I’ve read your posts...Your full of cheet.