“I’d be happy to pay for SS for current seniors if they would wind down the program before my time (I’m 50). There’s no money, the pols spent every dime so I do not expect anything back, nor do I propose to renege on current recipients or people about to retire. All I would ask in return is some favorable tax rules on my own retirement savings since I will have to make do with that.”
I think the people that “reneged” are the ones that chose to spend their retirement money (via the people they elected, collectively), so even them shouldn’t get a free ride.
But we’re past that point - as you can tell by the reactions to my postings, we WILL given EVERYONE every penny they think they deserve. The only question, again, is who should pay? My kids, or me and them a bit (before they retire). I vote for me and them...as I STILL don’t see why MY KIDS should be blamed for this mess.
I agree. Just wind the whole thing down with general revenues while we still can.
No doubt the entitlement programs need to be reformed in order to be sustained. I really don’t like the term “entitlement”. Welfare and medicaid is an unpaid for entitlement.
But would you agree that there are many departments that could be shut down in the interest of saving money?
Of course YOUR children will be impacted. Just as all our children are. It’s not just about you.
What is your idea to “fix it”?
And they say, well, we voted, and things didn't really go the way we wanted, so now all you suckers, even though it's pretty obvious voting won't do jack, keep coughing up the bread, and yeah, while you're at it, keep coming up with good non-violent ways to turn things around.
We'll be on the golf course.