Hands Off Social Security, Medicare, and Medicaid!
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The contentious congressional talks on a debt reduction deal continue to drag on. Conservatives have doubled and tripled down on their determination to cut spending as much as possible while doing absolutely nothing to raise government revenues. They are particularly licking their chops about cutting the so-called entitlement programs?Social Security, Medicare, and Medicaid. They want to cut benefits, reduce eligibility, and increase costs to recipients. What does the public think about this particular conservative crusade?
Not much. Not much at all. A just-released Pew poll documents the extent of public opposition. The poll asked respondents what is more important, reducing the budget deficit or keeping Medicare and Social Security benefits as they are. By an overwhelming 60-32 margin the public prefers to keep Medicare and Social Security as they are.
I just wonder how the people on the left (red) sleep at night. Those same people are for giving corporate jet owners another tax break and for unfettered funding of our military.
No Eddie, in 1961 (50 years ago) I began paying MY MONEY into Social Security. Now I'm 66 and I'm withdrawing MY MONEY.
I could be mistaken, but I think the money you put in over the past 50 years has long since been spent. Of course, it is no fault of yours or mine. It is that great ponzi scheme in washington.
Also, if they were giving out dollar for dollar what folks had been puting in, it would be an even worse investment due to inflation. The whole thing has been flawed. It would likely be very different if the value of the dollar had maintained one value over the course of 50 years.
(I do however see your point to "eddie" about it not being a handout exactly..)
(I do however see your point to "eddie" about it not being a handout exactly..)
Like your pop I paid cash for cars, never ran up a credit debt larger than I could almost immediately pay off and I played by the only rules that existed. When others borrowed against money set aside for senior's retirement they screwed up.
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I'll believe corporations are persons when Texas executes one.: LBJ's Ghost
Like your pop I paid cash for cars, never ran up a credit debt larger than I could almost immediately pay off and I played by the only rules that existed. When others borrowed against money set aside for senior's retirement they screwed up.
. . . and just where did you think that money was set aside? Could it even earn interest if set aside? If it earned any interest would not the taxpayer be paying it? What about Ponzi Scheme (or Entitlement if you prefer) don't you understand?
What about Ponzi Scheme (or Entitlement if you prefer) don't you understand?
It's modeled after European pensions and common in Western nations. It worked fine until they sucked the cash out of it by allowing it to be borrowed against. The concept works but it must be managed correctly.
Bush should have put Clinton's surplus back into Social Security instead of OIL WELFARE.
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I'll believe corporations are persons when Texas executes one.: LBJ's Ghost
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