Posted on 02/12/2008 7:37:17 PM PST by MotleyGirl70
I hear ya. Picking a year to start bashing as they are doing is pathetic. The Boomers are responsible for the wealth, but you won’t hear that.
2032 for me. . . oh wait. . . damn.
Well then fight me and everyone else too while you’re at it. I’ll start collecting too in a few years and I’ll need you to keep paying in just like I paid in for my parents’ generation, and even my parents for my grandparents’ generation. Like it or not. That’s the way it is. We all pay our dues until it’s our time.
Those of us after the Boom should each be entitled to a photo and a letter now and then of the Baby Boomer we are being forced to adopt.
Sounds to me like born in January 1948....since I'm a 4/47 I'll have it all sucked dry by the time he tries to sign up.
Sorry, Eric...RHIP.
Don’t forget that Baby Boomers invented sex too!
As long as you don’t get a mortgage you can’t afford, go for it.
It has to be TV guide or Reader’s digest...
The number of people paying in is dropping compared to the number of people drawing on it.
Some politicians on the Left have pushed to raise the limits on those forced to contribute. And they’ve silently (or not as vocally) been pushing to end the contributions from those at the low end of the economic scale.
Amen! Good for you, I’m just not ready to give it up yet, got a few more years to contribute something. As long as the mind is willing! ;-)
Despite the general censuses, us ol’ farts still have something to give to our “youngers”.
Let’s compare mortgage defaults among Boomers compared with X and Y shall we? Spoiled brats all grown-up bitching about not being able to pay. We are bitching about paying and not getting it back as promised. BIG DIFFERENCE.
Bend over and kiss your ar$e goodbye.
Actually, you won't be adopting them for at least another ten years. It takes five years for the Gov to pay back what the employee paid in (even without considering interest) and another 5 years to pay back what the employer paid in. After that its public dole time, and I guess adoption time.
Looks to me like this "whine and geez" party is a bit premature.
Socialist Insecurity is a pay as you go system. There is no lock box of funds. Just a bunch of IOUs.
Those who WERE contributing are retiring now and expecting their payments. Those still making payments will be responsible for a greater per capita share.
This is what makes the Baby Boom “BOOM” in numbers a problem.
I'm 51. I've been paying maximum social security for nearly 30 years. I'll have to work another 16 before being eligible for social security. In all probability, I will have paid maximum SS for 46 years at that point and I'm anticipating little or nothing in return. Comparatively, you're at the beginning of the road. It will be collapsing long before you have anywhere close to the same financial stake in the big socialist debacle. Start saving and investing now for your retirement. Compound interest is your friend.
Great point … without the baby boomers, we would be Mexico … ;-)
Now I understand. ;-)
They stole the “BOOM” money regardless. Democrats Suck! BTW nobody is “adopting” me as I have the ability to adapt.
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