Comments on: Medicare Bound to Bust as First Boomers Hit 65
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- The fraction didn't get posted with my earlier post. The fraction should be one half. 50% of the boomers should be dead by the age of 77.
by 1johnhon January 2, 2011 3:04 PM EST
Employment is the key to end the recession. The obvious way, which no one has mentioned, is to return the social security retirement age requirements to their previous levels. Every retirement means a good job opening. Sooo
If this guy's stats are accurate 10,000 good jobs will be opening every day for 19 years, and it has already started. Lol, can't wait.
The average time of death in the US is about 77 years old, so ? of the boomers will be dead 11 years from their retirement. They increased the full retirement age to 66 years old and I think they will try to raise it to 70. They should lower it and offer incentives for people to retire.
John Honsaker, Kissimmee, Florida - Reply to this comment
- Has any person on this site thought about MEDICADE??? MEDICADE and all the other entitlements that the current administration wants to give away to all the NON-WORKING dirtbags is exactly what is breaking this country. The baby-boomers that are retiring or will be retiring have contributed thier tax dollars since thier work careers began, so I say that all retiring AMERICANS that worked thier entire lives deserve to receive the pensions and medical benefits that have been promised to them for thier contributions(tax dollars) throughout thier lives. Most, not all, MEDICADE recipeients DO NOT WORK NOR EVER HAVE so why is it okay that they receive ENTITLEMENTS(welfare, food stamps, MEDICADE,ETC.) when they have not contributed A SINGLE DIME??? Use your heads people, baby-boomers earned it the ENTITLISTS did not.
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- Isn't this why the country elected Republicans to the House and Senate? Medicare and Social Security are clearly socialism, which makes them satanic. Medicare and Social Security must be repealed and no further payments made to either program. In fact, anyone who has ever received payment or benefit from Medicare or Social Security must either return the money in full or donate all their workable organs. Eliminate all government programs. Stop filtering the water. End all research and development. Put an end to Communism once and for all - > REPEAL Social Security and Medicare now (you flaming geniuses.....)
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- In the next 15 or 20 years, if not sooner, the Medicare Fix, which will take a good deal of careful thinking, flexibility, and political ingenuity, will have to be implemented.
And it is to be hoped that those baby-boomers who are in a position to manage this will do what they can to stay healthy as long as possible, saving the system money, and rendering it relatively sound. That will be their contribution to the Fix.
Candadai Tirumalai - Reply to this comment
- MarineVet64, you are spot on. The corporate profits keep Americans working. I can't understand why people make things so difficult. Ugh.
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- Employment is the key to end the recession. The obvious way, which no one has mentioned, is to return the social security retirement age requirements to their previous levels. Every retirement means a good job opening. Sooo
If this guy's stats are accurate 10,000 good jobs will be opening every day for 19 years, and it has already started. Lol, can't wait.
The average time of death in the US is about 77 years old, so ? of the boomers will be dead 11 years from their retirement. They increased the full retirement age to 66 years old and I think they will try to raise it to 70. They should lower it and offer incentives for people to retire.
John Honsaker, Kissimmee, Florida - Reply to this comment
- Employment is the key to end the recession. The obvious way, which no one has mentioned, is to return the social security retirement age requirements to their previous levels. Every retirement means a good job opening. Sooo
If this guy's stats are accurate 10,000 good jobs will be opening every day for 19 years, and it has already started. Lol, can't wait.
The average time of death in the US is about 77 years old, so ? of the boomers will be dead 11 years from their retirement. They increased the full retirement age to 66 years old and I think they will try to raise it to 70. They should lower it and offer incentives for people to retire.
John Honsaker, Kissimmee, Florida - Reply to this comment
- Methinks oldbasicgal is some sort of ringer...for what, I don't know, but she seems a little too vehement, and a little to quick to attack other posters.
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- FYI..Morterman is not real. He is a computer generated program controled by the republican party and the US Chamber of Commerce. No human being could be that heartless.
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I haven't found Mortarman to be heartless. He just doesn't think it is the Federal Goverment's responsibility to be a big charity. I happen to think the same thing.
He believes that charity should begin at home...and stay at home. There is nothing wrong with that. Pahgre also believes this, or he wouldn't continually post that he is "sick and tired" of his "blue" state taking care of "red states". Mort just posts his ideas more professionally; Pahgre on the other hand, is all over the place with his.
Some of you people are so wishy-washy you don't know what to believe. - Reply to this comment
- "To save the system, fiscal watchdogs insist Americans will ultimately have to work longer and get used to less government help. The question is not if change will have to be made but when politicians choose to make them."
These same "fiscal watchdogs" INSIST that socialist spending for the "common defence" that provides EXTREMELY HIGH-END MAINTENANCE upper-class welfare for private sector cash cows, not only cannot be cut by 95% and still be WAY MORE than many nations spend per capita, but in fact must GROW and GROW and GROW, until the nation completely implodes on itself.
The thought that cutting MASSIVE EXPENDITURES for a HUGE RANGE OF SPENDING, much of which is classified, by 95% could go an enormous way to not only bailing out medicare but actually paying off future generations burdens for national debt -- is simply UNTHINKABLE by these same "fiscal watchdogs".
Additionally, a large range of subsidies, insurance and incentives paid by U.S. taxpayers to sustain socialized capitalism programs CANNOT BE TOUCHED, and must as well be increased.
So again, the question can ONLY BE WORDED IN THIS WAY AND NONE OTHER, "WHEN will politicians need to choose to make decisions that increase the burden of future generations, to pay for baby-boomer paradise, which also DEMANDS even greater increases to insane "common defence" spending and upper-class welfare socialism." Rather than cutting "common defence" and upper-class welfare socialism programs by 95%.
Because if poiticians don't make those cuts from "common defence" spending programs and other socialist spending that benefits the few, then younger generations of Americans will simply LEAVE this nation to rot.
There's plenty of other real democracies out there who would have NO PROBLEM WHATSOEVER, making MAJOR SLASHES to what this country spends on "common defence" and other socialist spending for the few -- who will soon welcome an immigration of young skilled taxpayers into their economies with open arms. Apparently those countries don't have a "free press" telling you what some "fiscal watchdogs" who have a severe problem looking the other way when it comes to MAJOR cuts in "common defence" and other socialist upper-class welfare spending for the few. - Reply to this comment
