Fool me once.. (generations, health care system, independent, lobbyists)
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Do you remember the Republican push to privatize social security? How would a privatized social security have worked out when the market collapsed? Sure, the banks and investment firms would have been rewarded (that's the point), but many small investors would have lost. Thank god the Republicans lost that fight too.
So, how's my funds in SS doing? Still growing, ready for all the baby boomers to pull out?
Know anyone who would have a hard time getting by without social security and/or medicare? I do. Plenty of them. The Republicans fought against those programs tooth and nail. Thank god they lost.
Actually, President Bush passed the Medicare prescription drug plan which now pays for a lot of old people's pills. And, these programs are not sustainable because of the demographic realities that we face.
Quote:
Originally Posted by bongofury
Do you remember the Republican push to privatize social security? How would a privatized social security have worked out when the market collapsed?
Bush's plan was not for privatization. His plan would have allowed people to invest 1/3 of their social security taxes if they so desired. But, if you wanted to keep your good old fashioned social security benefits then you could have. Do some homework and stop misrepresenting what he was trying to pass.
Know anyone who would have a hard time getting by without social security and/or medicare? I do. Plenty of them. The Republicans fought against those programs tooth and nail. Thank god they lost.
Do you remember the Republican push to privatize social security? How would a privatized social security have worked out when the market collapsed? Sure, the banks and investment firms would have been rewarded (that's the point), but many small investors would have lost. Thank god the Republicans lost that fight too.
After the dust settles on this health care conundrum, after the misinformation campaigns against reform, after all the stall tactics and late night calls to connections in the pharmaceutical and health insurance corporations, and after all is said and done, it appears the Republicans will kill any substantial health care reform. Another attempt to provide a big safety net, another failure to achieve it. What we'll get is a band aid for a sucking chest wound. The Democrats will try to get their consolation prize piece of their health care reform past the god, guns and guts party to save face, but no one needs a road map to see what's coming after the Obama administrations time is up. When all's said and done, this vet and Independent voter most appreciates those who put their lives on the line. While they may not have the attorneys, lobbyists, and corporate CEO's on speed dial, while they may not have the multiple homes, seven figure retirement accounts, and the domestic servants that the suits wear in D.C. and our state capitals, while they may not play to main street and fly over America to confuse and obfuscate the truth, they are the brave ones I put my trust in. Even if most of them have no idea why they are really in harms way. Semper Fi.
I wish social security and medicare would have never passed. Both are loadstones around the neck of the nation and everyone will come to regret these programs.
I wish social security and medicare would have never passed. Both are loadstones around the neck of the nation and everyone will come to regret these programs.
Ditto. They are un-Constitutional and will bankrupt the nation - and when that happens nobody is going to get anything anyway.
Know anyone who would have a hard time getting by without social security and/or medicare? I do. Plenty of them. The Republicans fought against those programs tooth and nail. Thank god they lost.
Do you remember the Republican push to privatize social security? How would a privatized social security have worked out when the market collapsed? Sure, the banks and investment firms would have been rewarded (that's the point), but many small investors would have lost. Thank god the Republicans lost that fight too.
After the dust settles on this health care conundrum, after the misinformation campaigns against reform, after all the stall tactics and late night calls to connections in the pharmaceutical and health insurance corporations, and after all is said and done, it appears the Republicans will kill any substantial health care reform. Another attempt to provide a big safety net, another failure to achieve it. What we'll get is a band aid for a sucking chest wound. The Democrats will try to get their consolation prize piece of their health care reform past the god, guns and guts party to save face, but no one needs a road map to see what's coming after the Obama administrations time is up. When all's said and done, this vet and Independent voter most appreciates those who put their lives on the line. While they may not have the attorneys, lobbyists, and corporate CEO's on speed dial, while they may not have the multiple homes, seven figure retirement accounts, and the domestic servants that the suits wear in D.C. and our state capitals, while they may not play to main street and fly over America to confuse and obfuscate the truth, they are the brave ones I put my trust in. Even if most of them have no idea why they are really in harms way. Semper Fi.
Fool me once, — shame on you. Fool me twice you can't get fooled again."
-Bush II The Idiot
If you are under 50, you are not going to get Social Security, anyway. So what's the point?
There are no analyses concluding that those under fifty (or anyone else) will not get Social Security. Keep in mind that the SS Trust Find was always intended to be exhausted. It was built expressly to pay for that portion of the retirement benefits of the baby boomers that would not be covered by then-current payroll taxes. The last boomer was born in 1964. By 2050, all but an inconsequential number of them will be dead. That's when the Trust Fund is supposed to return effectively to zero, the very point it started at in 1983. Current, very pessimistic projections suggest that SS will not be able to pay 100% of scheduled benefits after the Trust Fund has expired. They do not say that SS will be able to pay 0% of scheduled benefits. They say it will be able to 73% of scheduled benefits. Indefinitely. Not 0%...73%. And by the way, 73% then will be worth more than 100% now. And of course if those projections turn out to be only slightly too pessimistic, the projected shortfall in funding will in fact never occur. SS will simply go on paying 100% of scheduled benefits indefinitely. All of this assumes that we decide to do nothing at all to reinforce Social Security at any point over the next 40 years. Anyone who seriously believes that he or she will never see anything out of Social Security has chugged a super-sized bottle of snake oil.
Bush's plan was not for privatization. His plan would have allowed people to invest 1/3 of their social security taxes if they so desired. But, if you wanted to keep your good old fashioned social security benefits then you could have. Do some homework and stop misrepresenting what he was trying to pass.
Stop trying to cover for the lying bozo. Yes, virtually everything he ever said about Social Security was a lie. And he never put forward any plan at all. He alluded to this idea and that. Never an actual plan or any set-down proposal. You can't say what Bush's plan was or was not, because there never was such a plan.
I wish social security and medicare would have never passed. Both are loadstones around the neck of the nation and everyone will come to regret these programs.
You'll be able to add the healthcare plan to that if it passes as now proposed.
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