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re: Social Security and Medicare need to be eliminated
Posted on 2/20/26 at 10:15 am to UptownJoeBrown
Posted on 2/20/26 at 10:15 am to UptownJoeBrown
Let me know who the losers are when your money is gone
0
Posted on 2/20/26 at 10:22 am to GumboPot
Biden did that! Oh wait…..lied about where the money went.
Posted on 2/20/26 at 10:24 am to TIGERHOLD
Eliminate fraud and there is plenty of money for Social Security and Medicare
Posted on 2/20/26 at 10:29 am to Topcat
quote:but voluntarily voted to keep kicking the can down the road
None of us boomers voluntarily paid for Social Security.
Posted on 2/20/26 at 10:30 am to mylsuhat
quote:
Fine, eliminate it, but there better be a pay out for what I have put in
effing this! I want ALL my money back.
Posted on 2/20/26 at 10:40 am to Jake88
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.”
That's because the equity of their home is factored in to their net worth. They aren't 1.8 million flush with cash.
The person that wrote the article is an idiot.
Posted on 2/20/26 at 10:40 am to SuperSaint
quote:
but voluntarily voted to keep kicking the can down the road
Explain.
Posted on 2/20/26 at 10:42 am to TIGERHOLD
quote:
I am tired of these boomers saying they’re for “small government” when they are deepthroating the Medicare and social security teats.
You need to share your deep thoughts with your Boomer parents or grandparents. I'm sure they will tell you to frick off.
Posted on 2/20/26 at 10:43 am to TIGERHOLD
quote:bullshite
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 10:59 am to SuperSaint
quote:
but voluntarily voted to keep kicking the can down the road
Maybe you can explain how we could vote to end SS and Medicare, ever, when there has literally NEVER been anyone in office EVER who has run on doing that.
idiot = ignore
Posted on 2/20/26 at 11:08 am to SuperSaint
quote:
but voluntarily voted to keep kicking the can down the road
When did this "vote" happen? My boomer parents ranted about SS tax theft probably more than we do now.
SS is just a safety net for people who don't save any money. People who want to invest that money aren't allowed to do it.
Posted on 2/20/26 at 11:10 am to alive2022
quote:alive2022butbraindead.
No one cares gramps.
Your inability in critical reasoning is noted.
Posted on 2/20/26 at 11:11 am to LemmyLives
quote:
Charles Ponzi would be proud of your total misunderstanding of how SS and Medicare work
No, we understand that it's theft by the govt. But if I can get some of the theft money back from the thief then we want it back.
Posted on 2/20/26 at 11:13 am to TIGERHOLD
quote:
Social Security and Medicare need to be eliminated
Yep. The only path towards a balanced budget is the death of social security, Medicare, and Medicaid.
Posted on 2/20/26 at 11:19 am to La Place Mike
quote:The $1.8 million figure is an AVERAGE!
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.”
That's because the equity of their home is factored in to their net worth. They aren't 1.8 million flush with cash.
The AVERAGE wealth in a room of 800 school teachers meeting with Elon Musk is $1Billion each. The WSJ would have us expressing envy over teachers being billionaires. It is lunacy!
The MEDIAN wealth of the WSJ's >65 cohort is $409,900 according to the Federal Reserve's 2022 Survey of Consumer Finances. i.e., < 25% of the WSJ claim!
quote:That is an understatement!
The person that wrote the article is an idiot.
This post was edited on 2/20/26 at 11:21 am
Posted on 2/20/26 at 11:21 am to TIGERHOLD
quote:Is the poor wittle titty baby now gonna cry me a wiver because he can't afford no house?? Screw you. You're gonna keep paying social security and I'm gonna enjoy spending your money.
TIGERHOLD
Posted on 2/20/26 at 11:21 am to TIGERHOLD
quote:
Social Security and Medicare need to be eliminated
Said no middle class American that's paid into it for 30+ years.
Posted on 2/20/26 at 11:23 am to TIGERHOLD
Wrong, Social Security should be privatized and belong solely to the contributor. It should be federally protected and treated like a government bond. Accruing a guaranteed 5% return on said account. Any return over 5% should be the government’s allocation.
Create generational wealth. Upon death Social Security should be divested into direct heirs Social Security accounts exempt from estate and inheritance tax.
Create generational wealth. Upon death Social Security should be divested into direct heirs Social Security accounts exempt from estate and inheritance tax.
Posted on 2/20/26 at 11:26 am to Bass Tiger
quote:Or take it outside and beat the everloving shite out of it.
I'm sure they will tell you to frick off.
Posted on 2/20/26 at 11:30 am to LemmyLives
quote:No. But he'd be happy with your characterization of a Ponzi scheme as a guarantee.
Charles Ponzi would be proud of your total misunderstanding of how SS and Medicare work.
From its outset, the US government uniquely set up SS as a loan from workers to be repaid with interest. Every 1¢ contributed to SS is immediately converted to a US Debt Obligation. Constitutionally, US Debt Shall Not Be Questioned.
SS money is used identically to money paid for any US Debt Instrument e.g., US Bonds, etc. It is spent on anything the government decides to spend it on. In exchange, it provides a terrible ROI for the contributors, which is great for the government.
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