I agree that expenditures of all sorts need to be cut including SS and Medicare, but listen to the sqealing that’s already coming from that sector. I’m against raising the debt ceiling. I’m also standing by what I wrote previously. I didn’t say that it was fair or not. I merely made an observation about what will happen, and it will be 100% accurate.
“I agree that expenditures of all sorts need to be cut including SS and Medicare, but listen to the sqealing that’s already coming from that sector. I’m against raising the debt ceiling. I’m also standing by what I wrote previously. I didn’t say that it was fair or not. I merely made an observation about what will happen, and it will be 100% accurate.”
The funding mechanism for SS/Medicare is fundamentally the same - present taxpayers. If you actually owned your federal pension, it would be equally unconstitutional - but since you don’t, there is no hue and cry from the federal sector now. You have been assured by the federal government that you will be taken care of.
The private sector has no such assurance, on the the assurance of paying for the promises the federal government makes to federal workers.
So, if the federal government takes private sector pension funds, it actually WILL be unconstitutional. Private sector citizens will complain, and they will revolt violently, this is unlike the federal sector employees, who are too complacent and non-productive to care, as long as “someone promised” to take care of them.
You can also bet that there will be no complaint from federal employees - whose continued prosperity depends upon the raping and pillaging of productive citizenry if and when private funds are confiscated - because they will be the recipients.
I will be 100% correct (if it happens), because there is nothing a federal employee would not do to a productive citizen/enterprise to protect their own benefits at the expense of someone who was part of the productive economy.
I doubt it will happen though - it’s too easy to print money and devalue productive citizens hard work, so that’s what they will do.
However, it is instructive that you answered my question on whether you (a presumed Fed Employee/retiree) support a debt limit increase - you responded in typical federal employee fashion - by pointing to someone else that needs to have their benefits cut, and by continuing to whine jealously at those who actually earn what they have.
I’m sorry if it seems like I’m picking on you personally - I’m not - the squealing on SS and Medicare is equally evident in the Federal employment sector. I don’t expect anyone to admit it, but even an average Fed Employee can figure out what happens if the debt ceiling is not raised. You know it’s not good for you, perhaps to a greater degree than it is bad for everyone else.