Will Greed of Elderly Bankupt Us All?

Capitol Hill Blue ^ | 1/17/03 | CHRISTIAN BOURGE

[qam1]

Xer Ping

Ping list for the discussion of the politics and social aspects that directly effects Generation-X (Those born from 1965-1982) including all the spending previous generations (i.e. The Baby Boomers) are doing that Gen-X and Y will end up paying for.

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[ItisaReligionofPeace]

I was talking about this today. They have more votes, and since we are in "democracy" now we will have to support the majority voters. It's only going to get worse as they age.

[reed_inthe_wind]

At least, let's limit the drug benefit to certain diagnosis' that kill a large number of Americans so that pharmaceuticals will concentrate capital on the big diseases. A compromise such as this will at least protect tax payers from the lunatic fringe that are sure to line up to abuse this benefit. I guess that the Center for Disease Control already knows which illnesses kill the most people.

[genefromjersey]

This "greed of the elderly" crap has been excreted for at least 3 generations now...and will probably be visited upon at least 3 more.

In a very few years,the "Baby Boomers"-who screamed and railed about social security,etc.,etc.,will be singing a brand new tune : "Where's my check ? " - as will,in all probability,the writer of the quoted article.

[bolobaby]

Yeah, but isn't our democracy set up to protect our minorities? Heh.

[uncbob]

I guess they are talking about mothers, fathers, grandmothers and grandfathers ot is there some other category of elders

[papertyger]

I find it karmacly interesting that the same generation that ushered in abortion-on-demand will, no doubt, be the first to suffer de facto euthanasia.

[qam1]

In a very few years,the "Baby Boomers"-who screamed and railed about social security,etc.,etc.,will be singing a brand new tune : "Where's my check ? " - as will,in all probability,the writer of the quoted article.

Assuming the writer is from Gen-X or Y I don't think so because SS will be long since bankrupt when she retires.

But that's why Hillary Clinton's health care failed, It was too early all the baby boomers were employed so they rejected it but just wait in a few more years when the Baby boomers who haven't saved or prepared retire then they will be demanding it

[qam1]

I was talking about this today. They have more votes, and since we are in "democracy" now we will have to support the majority voters. It's only going to get worse as they age.

Yeah we are in trouble. One thing also to watch is spending on education. It's already happening now but when the baby boomers retire there is going to be a big demand to shift more and more of the burden of funding to the state level. Which since a lot of states get their money via income tax it would mean they being retired would pay less and less for eductaion since they are no longer working.

[suijuris]

<">Greed of the Elderly"

In a very few years,the "Baby Boomers"-who screamed and railed about social security,etc.,etc.,will be singing a brand new tune : "Where's my check ? " - as will,in all probability,the writer of the quoted article.

Exactly; and who can blame us. I've been FORCED to pay into the bullshit SS system since I was in my late teens and I want my F'n money. They can give it all to me (plus interest)in one lump sum and I will find my own health care!

[Siamese Princess]

I was talking about this today. They have more votes, and since we are in "democracy" now we will have to support the majority voters. It's only going to get worse as they age.

"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years."

Alexander Frasier Tytler, The Decline and Fall of the Athenian Republic," 1776.

The framers of the US Constitution, the greatest group of men since the twelve apostles, repeatedly warned against democracy. They knew their history and understood human nature and realized that a democracy will inevitably self-destruct. A democracy will destroy itself not just economically, but morally degenerate into anarchy -- read the Greek philosopher Plato's description of a democracy in The Republic written in the 4th century BC. You would think he was describing the culture of the contemporary West.

[KC_for_Freedom]

Assuming the writer is from Gen-X or Y I don't think so because SS will be long since bankrupt when she retires.

Yes, the problem with predicting gloom and doom is that the circumstances are constantly changing.

True, my father will receive more in SS dollars than he contributed. But I have not started receiving and I have contributed the max each year of my employment for 36 years. But clearly the system will change to avoid bankruptcy as my generation retires and reaches SS collection age, so the threat of the elderly voting themselves the treasury of the United States is just a news worthy headline.

How these government subsidized programs are fixed depends on who is in power when the time to fix them arrives. I hope it is some form of capitalism that survives.

[Siamese Princess]

I find it karmacly interesting that the same generation that ushered in abortion-on-demand will, no doubt, be the first to suffer de facto euthanasia.

Many people having been saying that for years -- every good reason for abortion is an equally good reason for euthanasia. Now, in this country at least, euthanasia may never been legal, but even now, and more so in the future, huge numbers of elderly people will no one able or willing to take of them. They can be quietly gotten rid of one way or another, either through active or passive euthanasia, and who would care?

What goes around comes around.

[fatima]

qam1,Bump.

[John Lenin]

Only if we let them.

[wingnuts'nbolts]

It may be of interest that 45,000 AARP members have left AARP over this ill conceived legislation.The medicare for
lunch bunch do not necessarily think they need the handout.
Most can easily afford the pills they take and if they can't then that is their fault. The system in place handles it adequately so far.

[SheLion]

Now we all KNOW that anyone who SMOKES is not going to live past the age of "60." So what's the beef?

The anti's are ALWAYS telling us that smoking KILLS. So........how is anyone who smokes going to be a burden on ANYONE? eh!

[the invisib1e hand]

Will Greed of Elderly Bankupt Us All?

no. surge of newly legalized and therefore social-security-supporting immingrants will be footing the bill.

[In_25_words_or_less]

Greed of Elderly

Yeah. They're eating up the Fruit Cups, devouring In The Heat of the Night reruns, I tell ya we're gonna all end up broke!