Re: Paying for aging baby boomers
- From: Usenet2007@xxxxxxxxxxxxxxxxx <Usenet2007@xxxxxxxxxxxxxxxxx>
- Date: Fri, 24 Aug 2007 23:13:27 -0700
In article <QOHzi.16$073.10@trndny05>, nospam@xxxxxxxxxxx says...
Jerry Okamura wrote:
It won't make any difference. If the government did not spend it onThere never was a Social Security trust fund. The idea of SS was to tax
wars, they would spend it on something else. Hilary for instance wants
to spend it on expanding healthcare coverage.
"lubow" <lubow@xxxxxxxxxxxxxxxxxxxx> wrote in message
news:n0qzi.17376$5y3.12005@xxxxxxxxxxx
It's just another Y2K type of thing.
If the government simply pays for its wars by taxing people and keeps
within its means, the social security trust fund will be fine. If the
government needs to borrow from the trust fund, as it has been doing
for the last six years, yes, we have trouble.
--
Lubow
the working peoples to pay a subsistence to those that were too old to
continue working or had become to ill or were injured where they could
not work any longer, and to the widows and dependent children of those
that were killed on the job. It was suppose to keep those people
socially secure in their life's in spite of their difficulties. The SS
charges are paid out to those receiving it and the SS charges were
supposed to adjust as needed to cover the cost of the payments to the
people receiving those payments. After the baby boom has passed the SS
funds will be much larger than need, and the government should then
lower those taxes/charges to match the out flow. In the past they have
chosen to add more peoples to the coverage instead, as with pot heads
and other dope addicts that don't work and those who find a way to get
coverage by hook or crook.
The US federal disability welfare for drug/alcohol dependence was
terminated way back in 1995. That was around the time that the
Socialist Insecurity Adminstration also started periodic reviews
of almost all disability benefit recipients, with the goal of
cutting off anyone whose medical condition had significantly
improved. Along with the mentally ill folks who didn't have it
together enough to properly respond to the re-review notices.
--
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