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Started By
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Social Security and Medicare need to be eliminated
Posted on 2/20/26 at 7:48 am
Posted on 2/20/26 at 7:48 am
WSJ: Over 65? Congratulations, you own the economy
I am tired of these boomers saying they’re for “small government” when they are deepthroating the Medicare and social security teats. The only way to save the American economy is a wholesale elimination of these programs which do nothing but strangle the economy just so the boomers can get a few more years out. Remember, you boomers had everything handed to you and you pissed it all away in the 60s and 70s with Vietnam protests, drugs, and let’s not forget the 30% abortion rate of the late 70s and early 80s.
I am tired of these boomers saying they’re for “small government” when they are deepthroating the Medicare and social security teats. The only way to save the American economy is a wholesale elimination of these programs which do nothing but strangle the economy just so the boomers can get a few more years out. Remember, you boomers had everything handed to you and you pissed it all away in the 60s and 70s with Vietnam protests, drugs, and let’s not forget the 30% abortion rate of the late 70s and early 80s.
quote:
“The average net worth of a person aged 65 to 74 was $1.8 million in 2022, up 178% from the same age group in 1989, adjusted for inflation.”
quote:
“If you translate Social Security benefits into present value terms, the average retiree at age 65 had an annuity worth $305,000 in 2019, according to research by Yale University economist Natasha Sarin and two co-authors. That was 160% more than in 1989, adjusted for inflation. ”
quote:
“Nearly 80% of people 65 and over own their homes, according to the Census Bureau, a rate that has remained roughly steady for two decades even as homeownership dropped for 35- to 64-year-olds. ”
quote:
$29,000 on everyone 65 and over through Social Security, Medicare, civil service and military and retirement benefits, five times what it spent on every child under 18.
73
Posted on 2/20/26 at 7:49 am to TIGERHOLD
Eliminate foreign aid and welfare.
Posted on 2/20/26 at 7:49 am to TIGERHOLD
Fine, eliminate it, but there better be a pay out for what I have put in
Posted on 2/20/26 at 7:50 am to Night Vision
quote:
Eliminate foreign aid and welfare
That’s a small share of the pie. Programs like SNAP and WIC are pennies compared to Medicare and Social Security
Posted on 2/20/26 at 7:50 am to Night Vision
quote:
Eliminate foreign aid and welfare.
And you'd barely move the needle.
Again, why don't ya'll ever just look up a pie chart of the federal budget?
It would be so illuminating for you.
This post was edited on 2/20/26 at 7:51 am
Posted on 2/20/26 at 7:51 am to TIGERHOLD
When a good Boomer beat down thray shows up on a Friday. I’m in me
Posted on 2/20/26 at 7:52 am to TIGERHOLD
People were forced to pay in to some programs, others take and give nothing of value in return.
dims have been stealing us blind for decades with all their little fraud schemes as well.
dims have been stealing us blind for decades with all their little fraud schemes as well.
Posted on 2/20/26 at 7:53 am to TIGERHOLD
Why didn’t you mention Medicaid?
Posted on 2/20/26 at 7:54 am to TIGERHOLD
quote:
Social Security and Medicare need to be eliminated
Ahhhhhh.... no thanks! Both systems need to be cleaned up and fraud/abuse eliminated, but neither should be eliminated. My Mom, having her funeral today, was able to be in a nursing home the last 2 years due to Medicaid. The system is useful and needed by many.
I dont think folks who haven't worked and contributed to either should be eligible to receive benefits. Obviously, illegals should also not be eligible.
Posted on 2/20/26 at 7:55 am to wackatimesthree
quote:
Again, why don't ya'll ever just look up a pie chart of the federal budget?
You could post it if you wanted to.
Other than that... what happens to what people have been forced to pay into it? My husband still works and has payed into it (and pension, then 401k) for 31 years... what happens to that if it stops now?
Posted on 2/20/26 at 7:56 am to SallysHuman
quote:
what happens to what people have been forced to pay into it?
Phase it out. Starting with a certain age, you no longer pay into it and can’t get anything out of it.
Posted on 2/20/26 at 7:56 am to TIGERHOLD
quote:I have a difficult time believing this.
“The average net worth of a person aged 65 to 74 was $1.8 million in 2022, up 178% from the same age group in 1989, adjusted for inflation.”
Are you going to give me the hundreds of thousands I've been forced to pay into SS and Medicare the last 25 years? With the capital gains I'd have earned had it not been taken from me?
Posted on 2/20/26 at 7:58 am to TIGERHOLD
quote:
Phase it out. Starting with a certain age, you no longer pay into it and can’t get anything out of it.
Okay, cool.
However... until the health multiverse is fixed, how are retired people supposed to afford medical care?
Posted on 2/20/26 at 7:59 am to SallysHuman
quote:
how are retired people supposed to afford medical care?
Buy your own insurance like the rest of us have to. Perhaps without unlimited Medicare, the market would respond by bringing prices back to earth
Posted on 2/20/26 at 8:00 am to TIGERHOLD
Great. The little bit that I was forced to pay into Social Security during summers jobs that I had while in college I will never be able to collect.
Just give me back my money ( with interest) and you can switch that program off.
As far as Medicare if it were offered to me I would turn it down.
Just give me back my money ( with interest) and you can switch that program off.
As far as Medicare if it were offered to me I would turn it down.
Posted on 2/20/26 at 8:00 am to TIGERHOLD
quote:
Social Security and Medicare need to be eliminated
Fine. As long as I get my contributions back with interest. And let's not forget the employer contributions.
Posted on 2/20/26 at 8:01 am to Night Vision
quote:
Eliminate foreign aid and welfare.
One in the same, but let's do this. Let's start spending money on infrastructure type projects in the U.S. On capital improvement projects that will have long lasting economic benefits to the domestic economy. If only we could get MIC companies to get into large civil construction we might get more of these domestic infrastructure projects.
A billion dollar strip of interstate has MUCH longer and more economic benefit than dropping a billion dollar bomb in a Middle Eastern desert.
Posted on 2/20/26 at 8:01 am to TIGERHOLD
quote:
Buy your own insurance like the rest of us have to.
Most people have employer plans. Those "on the market" are currently weeping over the costs.
Posted on 2/20/26 at 8:03 am to SallysHuman
quote:congrats he has been funding the boomers lifestyle. There is no pot sitting there that he has been filling with money. The pot had a hole in the bottom, it’s spent. When he goes to draw ‘muh money I put in’, it won’t be SS money he put in a pot. It will be money his kids and grandkids are having stolen from their paycheck.
My husband still works and has payed into it (and pension, then 401k) for 31 years...
Posted on 2/20/26 at 8:05 am to mylsuhat
quote:
Fine, eliminate it, but there better be a pay out for what I have put in
This, plus interest.
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