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indigenous
2014 Mar 4, 1:16pm
Gees when do you anticipate getting back to work, you will be missed not.
That hate is going to eat you up.
If younger Americans have problems they should take personal responsibility and solve their problems. They could always create a new app. OH! I remember. It's someone else's fault.
casandra
2014 Mar 4, 11:38pm
too bad for the youth, the elderly on fixed incomes and nowadays fixed income is better that what the youth have, nothing to diminishing pay and jobs!
so when i hear someone say i am on a fixed income i say congratulations!
oh, the poor on welfare are lucky too, their fixed check is not going anywhere either, same with those lucky ones on disability.
so the workers who work, the youth, are the poor slobs loosing it all, :)
People try to put us down...
Talkin 'bout my g-g-generation
Why don't you just...
That author is a total idiot. Is it you jojo ?
People that collect social security and medicare also paid in to it. He makes it sound like oldsters are mooching off of everyone else.
I can appreciate the argument for means testing, but I wouldn't make it by starting with such an infantile premise.
That author is a total idiot. Is it you jojo ?
People that collect social security and medicare also paid in to it. He makes it sound like oldsters are mooching off of everyone else.
I can appreciate the argument for means testing, but I wouldn't make it by starting with such an infantile premise.
Agree, the author is a moron. But the article was on Reason.org, so what do you expect? The overall point that Boomers are getting more out of things than they put in is very true. However, the examples the author gives are not helpful, and the premise is poorly argued.
Social Security does require paying in into it, and the benefits are based on what you pay in, so it's not exactly an entitlement in the sense that certain welfare benefits are. It's much more like a standard pension program, where you pay in certain amounts and you get back certain amounts later as benefits.
If you add means-testing to Social Security, you make it more like an entitlement. This might be a good thing to opponents of Social Security, even though those opponents likely also hate entitlements. With means-testing, certain people ideologically opposed to entitlements might see Social Security as the same as welfare, so they might try to kill it. Those same people might not be ideologically opposed to a pension plan, even if it's run by the government.
However, social security is an entitlement because the beneficiaries are entitled to it, having paid in. http://en.wikipedia.org/wiki/Entitlement Entitlements exist by law.
Agree that technically speaking, you are correct -- I'm talking about colloquial usage.
The jargon here is confusing, I admit. Social Security is definitely an entitlement by the original meaning of the term. However, when the entitlement-killers say "entitlement," they usually mean welfare programs (e.g. food stamps, disability insurance, unemployment), which are actually not entitlements under the traditional meaning of the term.
What's interesting and not discussed in the Wiki article you sent is that, under its broad definition, any pension (private or government) could be considered an entitlement because you could enforce that promise in a court of law.
In modern parlance, Social Security is not an entitlement in the same way as many welfare payments typically are. In order to get Social Security, you must pay into the system, and the payments are based on what you paid into the system. Now, there is a little bit of regressiveness thrown in for the premium, and some progressiveness thrown in for the benefits, but it's not just a free payment for doing nothing, which is what the ideologues often refer to.
I suppose you could argue that disability insurance or unemployment is traditionally an entitlement, and not just colloquially, because the employer or the employee may be making the premium payments, but that's beyond the scope of this discussion.
Babyboomers don't claim Bush who worked for the banksters and destroyed the equity of many boomers.
Just anecdotally, I suspect some number of them voted for Bush instead of Gore because of this Ownership Society nonsense. I had more than one boomer tell me, "I can't stand this shithead monkey Bush, but my tax situation would be so much better under him than Gore. I'm getting killed right now and have to vote my pocketbook."
Anecdotally, again, some of them reversed their stance in 2004 or greatly regretted supporting him the first time partway through the 2nd term because of all the Iraq incompetence and other incompetence, but Kerry was a lackluster candidate and lost some other voters due to that.
What's still funny is that the guy who's considered the greatest Republican ever, Ronald Reagan taxed capital the same as income in the 1986 tax reforms. Somehow this has become heresy to his party. It makes no sense.
Yes, we boomers are sucking the marrow from the bones of the younger Americans. We feast on their blood to live.
"I suppose you could argue that disability insurance or unemployment is traditionally an entitlement, and not just colloquially, because the employer or the employee may be making the premium payments, but that's beyond the scope of this discussion."
The redemption of US Treasuries is an entitlement as the holders believe they are entitled to receive their principle and interest payments back.
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