That may be well and good, but the government taxed the he** out of people and told them that they would be "taken care of" when they got old, now they are reneging. If they want people off of medicare and medicaid they had better start with the generations that haven't paid into the system for 45 or so years and gradually phase it out. Peopls should take care of themselves granted, but they should be left enough money in order to do that when the get old. SS and Income taxes are designed so that the average working person cannot take care of them selves when they get old because the money they needed to build a retirement went to the government. If that money was taxed for that purpose, it should be used for that purpose. I tell you what, if you give me back, in one tax free lump sum, every thing I ever paid into SS and SDI my whole working life, I will not asked for SS or any other form of Government assistance for the rest of my life. Oh, and give it to me in gold, I don't want worthless paper money since most of the money I earned in my lifetime was on the gold and silver standard, legal tender redeemable for lawful money. Remember that stuff?
I’m referencing the adults who didn’t pay into their social security, or spend their 401ks, or put all their eggs in one basket and frittered their savings away.
The government has an obligation to serve the people whose taxes it too.
If there’s anything to be cut, it’s the funds Social Security pays out totally unrelated to the retirements of those who paid into it.
Foreign nationals, people who become disabled... Social security was a minimalist retirement fund, and that’s what it’s mandate should have remained.
No wonder it’s going belly up in time. Where we used to 40 paying to support on person drawing S.S., we now have something like five and headed to one.
Who thought that was going to work. And if the government tries to guilt sons and daughters, they should mention the mismanagement of the fund. (Pipe dream fund that is)
Amen to that. I am a gen-xer and I do believe that we should at least pay back the money taken for SS. Even if the system can't do more, we need to make good on that promise.