To: Incorrigible
My question to all of this is, where did all the years of taxes and SS money go that we boomers have been paying in all these years?
Let do a reckoning of the expenditures, and then add foreign aid, worthless government programs, and untold years of welfare fraud/over-entitlement.
By and large, the boomers had a much better work ethic, and usually worked all their life for a single company. They practiced better savings and money managment techniques, ALL THE WHILE PAYING INTO THE SYSTEM TO PROVIDE SS RETIREMENT TO THE ELDERS.
Now, the money we paid in - by rights - determines what we are paid in SS benefits NOT what the X & ME generations feel like they should pay. These over-educated young people have bought into the MSM/liberal hype that they will not be receiving any SSI benefits when they get older.
Well, maybe instead of slamming the boomers who worked all their lives, they should be looking at who outsourced America's jobs overseas. Eventually, Atlas will shrug and all the manufacturing we gave to foreign countries, will be producing imports at Americans no longer have the money to buy...because they have all our jobs.
Without a manufacturing base, we become a nation based on "information"... or paper - as worthless as those early "internet companies" are now...and the whole house of cards will come tumbling down.
The people writing those "blame the boomer" articles are the spoiled children of the boomers, who are buying into the "sky is falling" predictions of the left.
391 posted on
06/25/2006 9:03:15 PM PDT by
FrankR
To: FrankR
These over-educated young people have bought into the MSM/liberal hype that they will not be receiving any SSI benefits when they get older. What on earth are you talking about? When even a moron can do the economics, it is a damn sure sign that the system is busted. It isn't left-wing propaganda. Newsflash: it is the left that is saying that SSI is just fine. No amount of number juggling gives a shiny happy result, particularly if you are under 40 (in which case the number say you are screwed in the best case).
No offense, but given that the rest of your post betrays a gross ignorance of basic economics, you are basically part of the problem. The SSI money was pissed away while geezer entitlements have grown massively. It has nothing to do with manufacturing jobs or outsourcing, which frankly do not deserve a fraction of the time the outright theft of resources from younger generations deserves.
To: FrankR
>all the manufacturing we gave to foreign countries, will be producing imports at Americans no longer have the money to buy...because they have all our jobs.<
The people who believe that they will never be affected by the destruction of American manufacturing continue to amaze me. If they work in an office and never get their hands dirty, do they honestly believe their big houses and big investments will be worth anything when Americans are largely incapable of buying much?
But then, then Gen Xers won't have to feel put upon by SS raids on their paychecks, because not only will there no longer be a SS system, they won't have paychecks, either.
399 posted on
06/25/2006 11:07:55 PM PDT by
RSteyn
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