Entitlements' unimpeded growth is boon to seniors

It is far worse for a person under the age of fifty. It is estimated that a forty year old worker who has paid into the system since age 18, making the average monthly income of $3,009. month and retires at 67 would have to live to 115years and 7months to get their ‘investment’ plus interest in Social Security benefits back. That is if the system hasn’t collapsed, which it most certainly would have by the time they are set to retire. Social Security is a Ponzi Scheme as is Medicare. Had a private corporation set up such a decidedly generational theft program, they would be doing more time than Bernie Madoff.

Agree.

For some reason, my first post was deleted, but to reiterate - we are about to have generational warfare in this nation.

I have no problem taking care of seniors. But today's seniors are have levied trillions in unfunded liabilities on tomorrow's seniors, in effect - stealing the future from tomorrow's seniors, and tomorrow is very close at hand.

Moreover, I do believe we need to quickly (like yesterday) establish unearned entitlement reform. Unearned entitlements are Food Stamps, Section 8 vouchers, home energy payments, TANF Welfare (T stands for "temporary"....isn't that humorous?), the Earned Income Tax Credit (which was never earned because they don't pay taxes!), and a host of over 70 other welfare programs.

These HAVE TO STOP - at least in their current form.

Medicare, Medicaid, and ObamaCare are bankrupting this nation, and we have to get our arms around medical costs. The procedures, tests, and drugs in our nation cost 3 to 4 times what they cost in other developed nations.

Lawyers are huge part of this problem, but the other problem we have is the medical establishment is setting their own prices, compounded by the fact that our insurance companies pass the inflated costs onto those who are actually paying for their insurance in order to cover the moochers.

I hate the Clintonian word "Investments" - because it is all government spending. But discretionary spending does give us NASA, medical research grants to our best universities, defense research and manufacturing, ship building, infrastructure, and our brave military.

We are almost at 2/3rds of all spending going to direct deposits or checks to individuals and government health-care (right now the figure is 63%). And the trend is more, more, more Entitlement spending.

Because of this, we are becoming a weaker nation - militarily, morally, and fiscally.

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