Ping!!!!
Current headline:
Generation X punishes innocent Boomers by electing Obama.
I’m a Boomer and I don’t take any blame for the disaster confronting SS.
Ha! Almost all Gen-Xers or Y-ers I know are MORE Liberal than Baby Boomers. Someone brainwashed them but good.
Well, you lazy Xers and Yers have gotten plenty of warning. So get on the stick and start working a little harder and socking away more of your money for a rainy day.
Maybe by now they'll realize it can't be saved. Bernie Madoff went to jail for a lesser scam than Social Security.
Obama got 66% of the under 30 vote, so I guess that whatever he says, is OK with them.
So the Xers and Yers think Social Security is the great financial problem? Lol, better take a look at this computation of unfunded liabilities: Medicaid $35 trillion, Medicare $23 trillion and SS $8 trillion. What they really need to be worried about are the welfare programs that are just as much an unfunded mandate as any other program until those laws are changed.
More class warfare.
Get the generations fighting each other while the real criminals in Washington keep screwing us all.
Thank you!!!!
Social Security is a scheme and I cannot excuse that. But I will say, had the politicians not raided the Social Security funds for all these many years, the funds would last much longer than they shall. There never was a lock box. It was just a big pile of money and, like flies to feces, the politicians could not but help themselves to the feast.
Generation X = unemployed = no future for SS.
And it’s only getting worse.
Like many, I’ve paid into SS and Medicare for many years. I’m 65 and still employed and still paying into the system – never taking a nickel out.
I turn red when I hear SS and Medicare called ‘entitlement programs’… as if to somehow change the meaning of the words to ‘give-aways programs’.
If nothing more, the government that took the money needs to at least pay back every dime they stole from the people who’ve paid into the system. To do less is nothing short of robbery – a dangerous scenario that will not go down easy with its victims.
To Mr. Firey: Better get a second job, I’ll need your taxes when I retire.
Wow ten years ago and the article predicted the future correctly! It is beyond obvious that Social Security is a Ponzi Scheme about to collapse.
Corrupt politicians have fleeced generations with Social Security.
I don’t remember ever having an opt out choice from having a portion of my salary confiscated to fund SS over the past 38 years. If there had been one I would have surely opted out. I just want my earned money back that was taken away by a federal government fuly involved in socialism, but I doubt I’ll see much of it returned to me, if any.
I’m 63. SS that is easy to fix for politicians. First they will up the income limit. Second they will increase the age limit. And while they do that, the treasury and central bank will devalue the dollar. If I’m lucky enough (if you want to call luck)to reach 90, my SS check will just be enough to buy a cup of coffee. You X generation and younger, I got news for you, the biggie will be funding medicare. That’s the elephant in the room. Man are you going to get soaked for that bill.
Citizen slaves