This Gen-X'er says it sure is.
Pay retirees to kill themselves, a program she calls “transitioning.”
Sounds like Hillary care old people must die
This has got to be a joke.
Tomorrow morning a bright young 42-year-old and her husband and child, leave on an all-expenses-paid business trip to Dubai to discuss working with people who want her there. She is an excellent maker of wedding cakes and is in high demand. She is being offered very good money to leave for Dubai, where things are tax free.
More and more young entrepreneurs will LEAVE the USA and not pay taxes, retaining the right to return when they are older or if things go bad overseas. In the meantime the ridiculous taxes paid here, will not be paid by them.
These 20-somethings can thank the Democrat Party and AARP for their future problems. Pres. Bush tried to do something about it, and those fool dems chained themselves to the statue of FDR - both figuratively and literally. So, suck it up, 20-somethings, until you learn how to vote and can come up with a plan to deal with this.
Needs an X-er ping.
Why can’t anybody read the article before becoming hysterical and commenting?
He pulled one of the greatest pranks against the MSM ever. In 1991, while at Forbes FYI, he faxed out a press release that the Russian government was so desparate for cash that they were auctioning off Lenin's body. ABC bit on it and Peter Jennings reported it on the news.
I was born in 1953. My kids were born in 1979, 1984, 1987 and 1990. They are all super conservative or even libertarian. They are against taxes and euthanasia and Social Security, but I wonder how many gen-y-ers will be so sanguine. I’ve always believe Terri Schiavo (and Hugh Finn, Nancy Cruzan and other poor souls) were test cases for the tough times ahead. Gulp!
The better alternative would be to actually fund retirees costs, like a pension fund does, rather than run a ponzi scheme.
We need to start personal accounts and transition SS from a government Ponzi scheme to a private pension system. countries have already done so including the UK and Chile. What we have been witnessing is a massive wealth transfer from the young to the old.
Bah. In my time, a million dollars (or a billion dollars) wouldn't even buy an iPod Nano. Now you can get 10,000 songs on a device you can carry in your pocket.
Just another communist. The idiocy of people is that they believed if they gave the Feds their money, the Feds would look after them. Remember when Hillary gave that speech and said she could take Exxon's 42 billion dollar profit and do great things with it? She could run the Federal government for one and a half days. If the fifteen percent of income boomers paid into SS had been put in interest bearing accounts, or invested prudently in the stock market, there'd be an even bigger labor shortage than there is now. The Federal government is a bottomless pit of promises and taxes.
SS is a giant Ponzi scheme and anybody who can’t see that is a dunce. The govt. has stolen from me the last 40 years to fund it, so I’m taking early benefits and bleeding SS for all I can get. I am not going to be fool enough to put myself in a position where I depend on SS for my basic needs. If the kids want to riot over taxes, have at it. Hopefully they will lynch the scumbag politicians.
There’s no need for anything that drastic.
Raise the retirement age (including eliminating early retirement) continuously over the next several years and double the earnings limit. That will keep it solvent. Then once that’s done, do some restructuring, like no longer linking the inflation index to the rate increases.
but whatever.....
we are volunteers and we know lots of people our age who volunteer, so I have the expectation that that will be a huge part of our retirement if we ever get there.....
we will not get civil servant type benefits, we already pay huge SS taxes and Medicare and Property and gasoline and every other tax imagined AND income taxes.....
so we pay, we volunteer, we help our kids pretty generously IMO....paying college costs and a wedding and getting first cars, etc....
what the H do people want from us....
you better believe we will take whatever SS benefit there is....we deserve it.
“Still, boomers deserve special disapproval.”
I and the rest of my family, certainly disagree to the utmost with the above quote.
Yes, my last name is Boomers and it is amazing how much we have made the news the last few years. :-)
This Gen-X'er says it sure is.