Home Mail MemberMap Chat (0) Wallpapers
Go Back   ChiefsPlanet > The Lounge > D.C.

Reply
 
Thread Tools Display Modes
Old 12-10-2012, 12:56 PM  
Direckshun Direckshun is offline
Black for Palestine
 
Direckshun's Avatar
 
Join Date: Oct 2006
Location: Springpatch
Casino cash: $1203060
Raising Medicare's age limit.

It's been reported multiple times now that an age limit increase is on the table in the fiscal cliff talks.

Obviously, this is not going to be terrifically popular, and in my opinion I don't even think it'd be particularly smart. Raising the Medicare age doesn't reduce healthcare costs, it just reduces government healthcare costs, keeping seniors on the expensive private plans we introduced Medicare to save them from. Healthcare is not improved in any way as a result of it, and any and all forms of Medicare reform should be aimed at making the system work better -- savings should be the target, not cuts. Lord know there are many ways this can be had, and has already been had.

That said, if you're going to raise it, Ezekiel Emanuel introduces a really great way to do it: graduated eligibility.

Medicare eligibility stays the same for folks in the lower third of lifetime income levels. Medicare eligibility rises two to three years for folks in the middle third of lifetime income levels. And Medicare eligibility rises four to six years for folks in the highest third.

People in the lower third need Medicare the most, and the wealthiest need it the least. People in the lower third live the least healthy lifestyles due to lack of resources and, of course, tougher work over their lifetimes. The wealthier live on average six years longer, and have enough of their own resources to afford private insurance another few years as opposed to everybody else.

Again, I'd rather us take other methods of enacting savings on Medicare, but if this is something we're going to do, let's do it in a responsible way that doesn't strand the least wealthy seniors in a disproportionately tough healthcare situation.

http://www.washingtonpost.com/blogs/...ment-benefits/

Entitlement Reform For the Entitled
By EZEKIEL J. EMANUEL
May 20, 2012, 9:51 pm455 Comments

IF nothing is done about entitlement spending, and if our current tax breaks continue, then by 2025, tax revenue will be able to pay for Medicare, Medicaid, Social Security, interest on the debt and nothing else. The rest — defense, medical research, highways, education, energy — will have to be financed by deficits. Social Security’s funding is predicted to run short in 2033, Medicare’s trust fund in 2024.

Like much else in Washington, there is little bipartisan agreement on what to do about it. When it comes to Social Security and Medicare, Republicans emphasize cuts and privatization, while Democrats strongly oppose both approaches. Neither side was able to embrace the 2010 bipartisan Simpson-Bowles plan, which proposed lowering Social Security’s cost-of-living adjustments, increasing the taxable maximum income and raising the eligibility age to 69 by 2075.

But here is a better bipartisan reform: Graduated eligibility. Instead of having a fixed age at which people can get Social Security and Medicare, we should link the age of eligibility to lifetime wealth. The richer you are, the older you would have to be to be eligible for Social Security and Medicare.

Here’s how it would work. People in the bottom half of the lifetime earnings distribution would become eligible for normal retirement benefits at age 65 for Medicare and 66 for Social Security, just as they are today. But people in the next quarter of the lifetime earnings distribution would become eligible for the respective programs at 67 and 68, and those in the top quarter would become eligible at 70 and 71. All eligibility ages would increase over time, as they are scheduled to now.

In all income brackets, those choosing to retire later than the standard age would still receive higher Social Security benefits, called delayed-retirement credits. For those choosing to retire earlier and accept reduced benefits, on the other hand, nothing would change in the lower bracket, while the minimum age would increase in the two higher income brackets. And wealthier older people would have the choice of buying into Medicare at age 65, though they would have to pay for it before the age of 70.

Demographic changes since Social Security was first enacted are a good argument for raising the retirement age. In 1935, a man who reached the age of 65 was likely to live almost 13 more years (and a woman, almost 15). But today, Americans who reach 65 are likely to live nearly 19 more years.

But graduated eligibility also accounts for the fact that the rich live longer than the poor, and that the longevity gap is increasing. In 2007, the Social Security Administration did a study of mortality and income. Among 65-year-old men born in 1922, those with income in the top half lived an average of 2.2 years longer than those in the bottom half. But among 65-year-old men born in 1941, those with income in the top half were projected to live an average of 5.3 years longer. Thus, requiring wealthier Americans to wait five more years to claim Social Security and Medicare has the effect of giving an average rich and an average poor person nearly the same number of years of benefits.

This reform also combines several important values. The main reason Social Security and Medicare have such strong public support is that they are universal benefits; they are not just for the poor. With graduated eligibility, all Americans will still get benefits, regardless of income; the only thing that changes is when. And because the rich, on average, would live longer and get the same number of years of benefits as those in lower income brackets, the plan should appeal to those who still feel strongly that everyone should pay their fair share.

It also makes practical sense. Americans in the bottom half of the income distribution are more likely to have jobs in manual labor, which is more physically difficult for older people to perform. White-collar workers in the upper bracket don’t face the same physical demands. And their greater earnings mean they should be able to save more to support themselves longer.

Graduated eligibility should be based on lifetime earnings instead of any particular year’s income, which can be quite volatile. It would be administratively simple to determine each citizen’s lifetime earnings, because the Social Security Administration already has all this data. And this measure would have the benefit of encouraging personal responsibility; people making more than the median income would have an incentive to save. Anyone who earned a lot at one time but frittered it away would have to continue working longer.

Either in the lame duck Congressional session after the election or in 2013, there will surely be debate about a deal to address taxes and the deficit. Graduated eligibility should be on the table. It would not completely close the shortfall of the trust funds, but it would put Social Security and Medicare on a stronger financial footing, while reaffirming their universal nature and reflecting the fortunate fact that Americans are living longer.
Posts: 43,004
Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.
  Reply With Quote
Old 12-12-2012, 06:57 AM   #46
patteeu patteeu is offline
The 23rd Pillar
 
patteeu's Avatar
 

Join Date: Sep 2002
Casino cash: $463174
Quote:
Originally Posted by Direckshun View Post
That's pretty liberal usage of the phrase "a Medicare program."

An effective privatization of Medicare means that it is no longer Medicare. It becomes a premium support model, which is not what the Medicare we know is, even if we decide to keep calling it Medicare.

So to answer mylonsd: yes, Republicans want to cut a program they've been paying into for years and years. They want to replace it with a premium support model.
They want to reform Medicare not eliminate it.
__________________


"Well, it is one thing for Bill Clinton to say, I feel your pain. It is another thing for Barack Obama to say I feel your pain that I have caused." - George Will
Posts: 74,220
patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.
  Reply With Quote
Old 12-12-2012, 07:15 AM   #47
Direckshun Direckshun is offline
Black for Palestine
 
Direckshun's Avatar
 

Join Date: Oct 2006
Location: Springpatch
Casino cash: $1203060
Quote:
Originally Posted by patteeu View Post
They want to reform Medicare not eliminate it.
Reform it into something that barely resembles what it is now.
__________________
Posts: 43,004
Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.
  Reply With Quote
Old 12-12-2012, 07:32 AM   #48
patteeu patteeu is offline
The 23rd Pillar
 
patteeu's Avatar
 

Join Date: Sep 2002
Casino cash: $463174
Quote:
Originally Posted by Direckshun View Post
Reform it into something that barely resembles what it is now.
Is it still a program of government subsidized health care insurance? That's the essence of Medicare and it is preserved.
__________________


"Well, it is one thing for Bill Clinton to say, I feel your pain. It is another thing for Barack Obama to say I feel your pain that I have caused." - George Will
Posts: 74,220
patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.
  Reply With Quote
Old 12-12-2012, 08:20 AM   #49
Direckshun Direckshun is offline
Black for Palestine
 
Direckshun's Avatar
 

Join Date: Oct 2006
Location: Springpatch
Casino cash: $1203060
Quote:
Originally Posted by patteeu View Post
Is it still a program of government subsidized health care insurance? That's the essence of Medicare and it is preserved.
That's about all the similarity that exists between Medicare as it exists and the GOP-preferred premium support: government is involved, and it deals with health insurance.

After that, the differences are very stark.
__________________
Posts: 43,004
Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.
  Reply With Quote
Old 12-12-2012, 08:33 AM   #50
patteeu patteeu is offline
The 23rd Pillar
 
patteeu's Avatar
 

Join Date: Sep 2002
Casino cash: $463174
Quote:
Originally Posted by Direckshun View Post
That's about all the similarity that exists between Medicare as it exists and the GOP-preferred premium support: government is involved, and it deals with health insurance.

After that, the differences are very stark.
The program as it exists today is unsustainable. A fairly stark change is required to fix that. I guess you can opt for government run death panels or cut benefits dramatically on some or all expected beneficiaries instead, but Ryan chose a different path.
__________________


"Well, it is one thing for Bill Clinton to say, I feel your pain. It is another thing for Barack Obama to say I feel your pain that I have caused." - George Will
Posts: 74,220
patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.
  Reply With Quote
Old 12-12-2012, 01:51 PM   #51
HemiEd HemiEd is offline
Supporter
 
HemiEd's Avatar
 

Join Date: Dec 2004
Location: Chicagoland
Casino cash: $7243860
Quote:
Originally Posted by FD View Post
The truth is they are welfare programs though. They are not fully funded and today's beneficiaries will receive 3-4 times what they paid in. Until we start treating them as the welfare programs they are it will be impossible to make real spending cuts.
That is pure bullshit. Our generation, the baby boomers are going to be the first generation to actually get less than we have paid into these programs.

When you have been paying into a program, without choice, for 50 years, then it better be there when it is time and it is not ****ing welfare.

The spending cuts need to be made where it does not involve stealing from people that have paid for these benefits.

I personally don't want someone else receiving benefits in leau of my wife, since I paid for them.
__________________
Chiefnj2: "Sure it's hard to do, that's why you need an elite QB. Just like its hard to lead your team to a victory from a 4 score deficit. Some guys can do it, others get traded to the Chiefs."
Posts: 24,338
HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.
  Reply With Quote
Old 12-12-2012, 02:14 PM   #52
King_Chief_Fan King_Chief_Fan is online now
Praise Him
 
King_Chief_Fan's Avatar
 

Join Date: Aug 2000
Location: St. Louis MO
Casino cash: $59517
great idea....Grandma can't get coverage until she is 70.
Grandma needs a hip, sorry Grandma, you are too old you will have to die now.
__________________
Ephesians 2:8-10

English Standard Version (ESV)

8 For by grace you have been saved through faith. And this is not your own doing; it is the gift of God, 9 not a result of works, so that no one may boast. 10 For we are his workmanship, created in Christ Jesus for good works, which God prepared beforehand, that we should walk in them.
Posts: 7,987
King_Chief_Fan Forgot to Remove His Claytex and Got Toxic Shock Syndrome.King_Chief_Fan Forgot to Remove His Claytex and Got Toxic Shock Syndrome.King_Chief_Fan Forgot to Remove His Claytex and Got Toxic Shock Syndrome.King_Chief_Fan Forgot to Remove His Claytex and Got Toxic Shock Syndrome.King_Chief_Fan Forgot to Remove His Claytex and Got Toxic Shock Syndrome.King_Chief_Fan Forgot to Remove His Claytex and Got Toxic Shock Syndrome.King_Chief_Fan Forgot to Remove His Claytex and Got Toxic Shock Syndrome.King_Chief_Fan Forgot to Remove His Claytex and Got Toxic Shock Syndrome.King_Chief_Fan Forgot to Remove His Claytex and Got Toxic Shock Syndrome.King_Chief_Fan Forgot to Remove His Claytex and Got Toxic Shock Syndrome.King_Chief_Fan Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
  Reply With Quote
Old 12-12-2012, 02:24 PM   #53
HemiEd HemiEd is offline
Supporter
 
HemiEd's Avatar
 

Join Date: Dec 2004
Location: Chicagoland
Casino cash: $7243860
Quote:
Originally Posted by King_Chief_Fan View Post
great idea....Grandma can't get coverage until she is 70.
Grandma needs a hip, sorry Grandma, you are too old you will have to die now.
That is where this is headed, even with medicare.
__________________
Chiefnj2: "Sure it's hard to do, that's why you need an elite QB. Just like its hard to lead your team to a victory from a 4 score deficit. Some guys can do it, others get traded to the Chiefs."
Posts: 24,338
HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.HemiEd has an IQ even higher than Frankie's.
  Reply With Quote
Old 12-12-2012, 02:37 PM   #54
patteeu patteeu is offline
The 23rd Pillar
 
patteeu's Avatar
 

Join Date: Sep 2002
Casino cash: $463174
Quote:
Originally Posted by HemiEd View Post
That is pure bullshit. Our generation, the baby boomers are going to be the first generation to actually get less than we have paid into these programs.

When you have been paying into a program, without choice, for 50 years, then it better be there when it is time and it is not ****ing welfare.

The spending cuts need to be made where it does not involve stealing from people that have paid for these benefits.

I personally don't want someone else receiving benefits in leau of my wife, since I paid for them.
They're coming for it, friend. They're convinced they've got better ideas about how that money should be spent.
__________________


"Well, it is one thing for Bill Clinton to say, I feel your pain. It is another thing for Barack Obama to say I feel your pain that I have caused." - George Will
Posts: 74,220
patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.
  Reply With Quote
Old 12-12-2012, 03:13 PM   #55
Direckshun Direckshun is offline
Black for Palestine
 
Direckshun's Avatar
 

Join Date: Oct 2006
Location: Springpatch
Casino cash: $1203060
__________________
Posts: 43,004
Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.Direckshun is obviously part of the inner Circle.
  Reply With Quote
Old 12-12-2012, 03:22 PM   #56
patteeu patteeu is offline
The 23rd Pillar
 
patteeu's Avatar
 

Join Date: Sep 2002
Casino cash: $463174
Quote:
Originally Posted by Direckshun View Post
Let's divide it by males and females instead.

1977 Male 69.5
2007 Male 75.4

1977 Female 77.2
2007 Female 80.4

Males become eligible at 71. Females become eligible at 68. Males continue to have about 4.5 years left when they become eligible and females continue to have about 12 years left.

Edit: I've actually used the wrong life expectancy measure here (I used "at birth" but the better comparison would be "at age 65"), but the concept is the same.
__________________


"Well, it is one thing for Bill Clinton to say, I feel your pain. It is another thing for Barack Obama to say I feel your pain that I have caused." - George Will
Posts: 74,220
patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.
  Reply With Quote
Old 12-12-2012, 03:52 PM   #57
FD FD is offline
Veteran
 
FD's Avatar
 

Join Date: Dec 2006
Location: Austin, TX
Casino cash: $1012376
Quote:
Originally Posted by HemiEd View Post
That is pure bullshit. Our generation, the baby boomers are going to be the first generation to actually get less than we have paid into these programs.

When you have been paying into a program, without choice, for 50 years, then it better be there when it is time and it is not ****ing welfare.

The spending cuts need to be made where it does not involve stealing from people that have paid for these benefits.

I personally don't want someone else receiving benefits in lieu[sic] of my wife, since I paid for them.
I'm sorry but that is far from the truth. The generation retiring right now is receiving much more in benefits then they ever paid in,about 3 times more on average.

Not only that, but these entitlements are entirely responsible for our long term budget problems. Until we start thinking about them like welfare, we will never be able to make the deep lasting cuts we need to in these programs which represent the majority of Federal government spending.
__________________
Homer: [looking at watch] Two hours? Why'd they build this ghost town so far away?
Lisa: Because they discovered gold over there!
Homer: It's because they're stupid, that's why. That's why everybody does everything.
Posts: 3,516
FD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby Piscitelli
  Reply With Quote
Old 12-12-2012, 04:02 PM   #58
HonestChieffan HonestChieffan is offline
Country Santa Year Around
 
HonestChieffan's Avatar
 

Join Date: Jan 2006
Location: In the Country in MO
Casino cash: $1255782
Quote:
Originally Posted by FD View Post
I'm sorry but that is far from the truth. The generation retiring right now is receiving much more in benefits then they ever paid in,about 3 times more on average.


.

What pure horseshit. If you "retire" by your definition, how old are "you"? NYT is making gross generalizations and you buy it without thought

There are a ton of so called retired who retired from one career to start another. That is more and more common. You begin getting medicare benefits at what age? Certainly not 50, or even 60. And many of these people you refer to wont take SS at 62 unless they are required to by their pensions.

If someone has gotten 3x what they paid in, how old are they now and when did they enter the program
__________________
Frazod to KC Nitwit..."Hey, I saw a picture of some dumpy bitch with a horrible ****tarded giant back tattoo and couldn't help but think of you." Simple, Pure, Perfect. 7/31/2013

Dave Lane: "I have donated more money to people in my life as an atheist that most churches ever will."

Come home to Jesus Dave. Come home.
Posts: 26,813
HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.
  Reply With Quote
Old 12-12-2012, 04:29 PM   #59
FD FD is offline
Veteran
 
FD's Avatar
 

Join Date: Dec 2006
Location: Austin, TX
Casino cash: $1012376
Quote:
Originally Posted by HonestChieffan View Post
What pure horseshit. If you "retire" by your definition, how old are "you"? NYT is making gross generalizations and you buy it without thought

There are a ton of so called retired who retired from one career to start another. That is more and more common. You begin getting medicare benefits at what age? Certainly not 50, or even 60. And many of these people you refer to wont take SS at 62 unless they are required to by their pensions.

If someone has gotten 3x what they paid in, how old are they now and when did they enter the program
Sorry if it wasn't clear. Individuals who turned 65 in 2010 will on average receive 3-4 times more in Medicare benefits than they ever paid in.

These programs are completely unsustainable at the current level of generous benefits and spending needs to be cut, whether you like it or not.
__________________
Homer: [looking at watch] Two hours? Why'd they build this ghost town so far away?
Lisa: Because they discovered gold over there!
Homer: It's because they're stupid, that's why. That's why everybody does everything.
Posts: 3,516
FD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby PiscitelliFD 's adopt a chief was Sabby Piscitelli
  Reply With Quote
Old 12-12-2012, 04:33 PM   #60
HonestChieffan HonestChieffan is offline
Country Santa Year Around
 
HonestChieffan's Avatar
 

Join Date: Jan 2006
Location: In the Country in MO
Casino cash: $1255782
Quote:
Originally Posted by FD View Post
Sorry if it wasn't clear. Individuals who turned 65 in 2010 will on average receive 3-4 times more in Medicare benefits than they ever paid in.

These programs are completely unsustainable at the current level of generous benefits and spending needs to be cut, whether you like it or not.


Based on what assumptions....thats nice to say but without some understanding of the assumptions it means zero.....what is true is there wont be enough workers paying in to keep it afloat. And at the current rate of people leaving the workforce with no hope of getting a jo, its even worse. The good news is the retirees are not retiring at the rate that was expected or projected as a result of this horrible economy and the crushing blow they took on net worth in homes.
__________________
Frazod to KC Nitwit..."Hey, I saw a picture of some dumpy bitch with a horrible ****tarded giant back tattoo and couldn't help but think of you." Simple, Pure, Perfect. 7/31/2013

Dave Lane: "I have donated more money to people in my life as an atheist that most churches ever will."

Come home to Jesus Dave. Come home.
Posts: 26,813
HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.
  Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT -6. The time now is 07:52 PM.


Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.