“Anyone who has paid into the system for 30 to 40 years has GIVEN that MONEY to the Government and in all likelihood would like SOMETHING in return.”
Well, if they hadn’t voted, collectively, to spend every penny in that “savings account” and then run up a debt of $18T, I’d say you have a point.
As it is, those people will get my kids’ money - don’t worry about it - it’s theirs and my kids don’t need it anyway - nothing wrong with living in Third World lean-to’s. My kids have no choice, there aren’t enough in their generation to out vote today’s older people, because the older people (again, collectively) saw to that also.
My only hope now is that all the tax increases that are scheduled to hit Jan 1, 2013, actually do hit, as that will, at least, give them some hope of not actually having to live in a bankrupt, destitute country - just a very highly taxed country, where half of their income goes to older people demanding tribute.
But yes, they will get THEIR MONEY BACK, as they see it - regardless of the hell my kids have to live in.
When I was a kid the income tax rate was 90%. That's right. If you made a million dollars you paid 90% to the Government... and Social Security was NOT in trouble and Medicare didn't exist.
The reason your kids are gonna OWE is because the GOVERNMENT will NOT CUT SPENDING... and those Entitlements you BLAME are a small part of where the money is going.
Solyndra stole 500 million in the blink of an eye with Obama's help. And there are 100's of more such schemes systematically stealing the tax payer's money.
If you haven't noticed, it appears to be intentional to intentionally "break the bank" and the U.S. will be lucky to have a 100 lean-to’s.
If we don't change course and cutoff what's unfolding, America, as we knew it, will be a fond memory.