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To: MulhollandDrive who wrote (12871)8/21/2003 7:11:33 PM
From: GraceZRespond to of 306849
 
You can blame Sen. Barbara Milkulski on me. I should have squashed that midget when I had a chance. -ng-



To: MulhollandDrive who wrote (12871)8/21/2003 8:06:51 PM
From: Lizzie TudorRead Replies (2) | Respond to of 306849
 
I don't know what you all are arguing about with your "filthy rich" comments. However let me point out that the SS boondoggle is yet another gross burden hoisted upon the young by the old, Darfot is quite right about that.

Les Horowitz has plenty of documentation to support the state of social security and medicare, what the current recipients are getting out of it, vs. what they put in. Starting with my generation the young are paying anywhere from 5-50x more money into that screwed up "system", and we can expect to get back a 0% return... IF we are lucky.

The current demographic picture in the US has the elderly as the WEALTHIEST demographic group. Babies are actually the poorest people. Why ask the young to subsidize the elderly once again?

The wise thing to do would be re-evaluate the program. First of all the retirement age should have been raised to 70, there is no reason to keep it so low with the current life expectancy numbers. With medicare we have some major issues. We have a situation where millions of people that have no health insurance themselves are asked to pay for some 65 year old's medical program. It is absurd. I know that I pay more for medicare than my own insurance, and medicare is better in terms of what it covers than my own insurance.

It really takes balls for some 65 year old to screw their kids to the degree that this generation has done, right down to the "we're spending our kids' inheritance" bumper stickers. I suspect that in about 20 years, there will be no sympathy for the elderly in this country whatsoever (right about the time I get old). Which is why I am saving for my own retirement and assuming nothing from the govt will exist for me.