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To: old gringo

Only problem is a part of mine(X'er) and later generations were taken out in the womb and now can't help support you.

I have no problem with it but we should only be charged what you were so lets reduce FICA down to 2%(?) like it was back in the 50-60s.


72 posted on 10/04/2006 11:53:17 AM PDT by art_rocks
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To: art_rocks
"...let's reduce FICA down to 2%(?) like it was back in the 50-60's."

FICA was never 2% in the 60's. I remember paying 4-5% in the late 60's (and the "employer contribution" was the same).
89 posted on 10/04/2006 12:08:59 PM PDT by riverdawg
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To: art_rocks
Only problem is a part of mine(X'er) and later generations were taken out in the womb and now can't help support you.

Yeah, it's not your fault. The post-WW2 generation produced lots of children and it seemed like it would always be that way. But it wasn't. We boomers didn't have enough kids to perpetuate the scheme.

There are a lot of reasons for that; scares about overpopulation in the '60s and '70s had an effect, social changes that brought women into the workplace in droves instead of starting families, materialism and careerism overcoming the desire to grow the population by having families... hindsight is 20-20.

But this isn't the time to play the blame game. It's time to talk seriously about a solution that doesn't bankrupt Gen-X and doesn't starve their parents when they get old.

101 posted on 10/04/2006 12:24:21 PM PDT by Kenton
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