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In reply to the discussion: This 53 year old has it right.... [View all]HenryWallace
(332 posts)17. Do the right thing!
I am 56. If family history is any indication, I wont be around to use social security.
However, I have children who I hope would care for others and, in turn, be cared for when their time comes; I have an Aunt, neighbors, and friends who have been allowed to age with dignity; I have colleagues and acquaintances who have been spared the financial strain associated with the support of an elderly relative.
I make no contribution and am entitled to no return. Government currently charges me 10.4%, of what otherwise would be paid be me, in order to take care of elderly Americans!
It is the best money I have every spent!
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The present value of our federal obligations is $70 trillion if you add social security and Medicare
dkf
Sep 2012
#31
"We" didn't get "ourselves" on any hook, we were robbed and the money is still there. n/t
Egalitarian Thug
Sep 2012
#39
The SS fund is not in any danger of not being able to meet its obligations for at least another
sabrina 1
Sep 2012
#30
The net present value of federal obligations is $70 trillion. That equals all the world's assets.
dkf
Sep 2012
#34
They aren't going to default on the Treasury Bonds. It's the rest of the obligations at risk.
dkf
Sep 2012
#42
So you think it is perfectly reasonable to think that obligations with a net present value of $70
dkf
Sep 2012
#80
Am 64 and will be taking Medicare in Jan. I don't want to see anyone lose these benefits.
southernyankeebelle
Sep 2012
#5
I am grateful to get it. I will fight for the younger people to have it also. Not just for my
southernyankeebelle
Sep 2012
#66
Don't forget Medicare for All. If our per capita health care expenses were the same--
eridani
Sep 2012
#63
Retired people need to be made to understand that they are not grandfathered into anything!
brewens
Sep 2012
#32
Is it possible that hospitals are grossly overcharging and no one is stopping them?
RepublicansRZombies
Sep 2012
#45
I'm 52 and can totally relate - part of why this is being done is demographics
NoAmericanTaliban
Sep 2012
#50