Crush grapes, not us.
And no one listened to John Kasich in 94’ when this was his main concern i.e. entitlements. Nothing has been done in 15 years and it is worse.
Can’t they just issue some more bonds? Golly.
and it is getting worse. I know a lot of workers between 55-65 yrs. of age who at this point do not think that they can get another job and instead are opting to take early retirement. Those who can take Social Security at 62 are doing so, and those numbers are exploding. I predict a very high-level, visible “crackdown” on age discrimination from the Obama Labor Department is on the way.
Ping list for the discussion of the politics and social (and sometimes nostalgic) aspects that directly effects Generation Reagan / Generation-X (Those born from 1965-1981) including all the spending previous generations are doing that Gen-X and Y will end up paying for.
Freep mail me to be added or dropped. See my home page for details and previous articles.
Retirees pay for Part B and for Part D. Part D is mandatory unless you have prescription coverage in your supplemental policy, which you also pay for. I pay $225/month for all my medical insurance and have not used it once since becoming eligible 18 months ago. My husband, under 65 and self-employed, pays $250/month for his coverage with a very low deductible.
Medicaid is totally paid for by the government, but Medicare is not. Oh, and since I am still working, as well, I also still pay the self-employment tax for Medicare and SS. I really fail to see where including more people into a government funded insurance program is going to save money or the system.
Blimp