That is, of course, that we're not about to put up with the intolerable tax level necessary to provide the Social Security they expect. They fear we will pay them all back when they can least defend themselves, aligning with their grandkids to end this grand national Ponzi scheme once and for all.
But I think most Gen Xers are perfectly willing to let them have back what they put in. Unfortunately, most of the Boomers REALLY want far more than they put in, given their actual income tax payments for the benefits they got, and given their ever-increasing life expectancies. And there lieth the rub--the folks here tossing the grenades at GenX are probably NOT the ones who deserve a good screwing. As the generations who will be forced to correct the problem, Gen X and Y should make their priority NOT doing the usual, but ensuring that the deserving members of the Greediest Generation pay their own tab instead of getting government charity checks.
I doubt that will happen, however, and can only hope that the ones who have saved on their own don't end up getting stuck, too. It always seems to be that no matter what problems government has, the Congressional demagogues stick 'the rich,' i.e., the people smart enough to not rely on government promises, the hardest.
Actually not. The free ride was given to the GI generation. For Boomers, overall, SS is not that great a deal, with the returns on what was put in below market. But there is a cross subsidization, so high income earners get the worst deal, and low income earners the best deal. But this Boomer thinks those in my financial category should just be zeroed out, to help to make the books balance. I really mean that. In fact, unless I really need it at some point, my intent is to never claim SS. I would have a guilty conscience, otherwise, and avoiding that is worth far more than the money.
In any event, what should really concern you is not SS, but medical subsidies for geezers. SS by comparison, is rounding error.
Best.
That is the problem. My willingness to forego my six-figure contribution to SS/Medicare is not enough, because it does not give them as rich a take as bleeding younger generations like their parents got away with. They don't just want to take everything I've given, they want to bleed me for even more under some sick socialist delusion that I personally owe them that money.
It sickens me that self-styled "conservatives" think that they are entitled to as much thievery as has been done unto them. They are not merely satisfied with stealing everything I've given to date, they want to steal the rest as well. All it proves is that most conservatives are as venal as most liberals when they think they can get away with it. It is proof positive that most conservatives are as immoral as liberals if you merely sweeten the pot enough. Anyone who thinks they are owed the money from my egregiously high tax bill are grossly immoral socialists, period, and deserve their fate. All of which explains the Republicans in Congress -- they really *do* represent their constituency.
The only thing that gives me hope is that I do not know anyone in the GenX and younger group that is not deeply aware of the fact that they are being used and screwed by the older generations when it comes geezer entitlements. It will come home to roost eventually, and it won't be pretty. The older generations who have not prepared for that day will have no one but themselves to blame.
Again, it apalls me no end that some many nominal "conservatives" have such an evil and immoral socialist streak. There are much better specimens of humanity than these folks.