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Betsy Devos is the Secretary of Education
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19/02/2017 16:42:32
John Ryan
Captain-Cooker Appreciation Society
Taumata Whakatangi ..., Nouvelle Zélande
 
 
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17/02/2017 14:19:33
Information générale
Forum:
Politics
Catégorie:
Éducation
Divers
Thread ID:
01647667
Message ID:
01648150
Vues:
30
>>I have heard you say this on more than one occasion but I can tell you that it sure isn't Andy or me. Both of us are close to 65 and neither of us have taken one single penny out of the public purse

Quoting Trump's favorite Washington Post: https://www.washingtonpost.com/posteverything/wp/2015/11/05/baby-boomers-are-whats-wrong-with-americas-economy/

Your generation has bequeathed to the young not an America better than you received it, but massive federal debt including a $47T Medicare deficit as well as massively increased costs with salaries that did not follow suit. The citation has references, including a study claiming that boomers will suck another $200K from Medicare and Social Security than they paid in. The article also confirms your observation that boomer incomes went up nicely before retirement, thanks very much. But that does not make it OK for much of the middle class whose incomes do not match the bumper bills they face for their own consumption- and that's before they start paying for yours. Even if you're yet to draw on Medicare, that $47T is the result of tax savings for you rather than fairly underwriting your generation's predictable future costs. All boomers are beneficiaries of the decision to be grasshoppers during a period when asset appreciation would have left the fund flush with assets to pay health benefits forever. I keep pointing to the Australian super scheme: had your generation been as willing as the Aussie taxpayers to be ants rather than grasshoppers, an equivalent US fund would be bulging with trillions of dollars in assets and the nation could have swatted away with its little fingernail, the attempt by greedy bankers to destroy the whole economy to enrich themselves. The benefit fund would be the gorilla in the room capable of seeing off any financial schemer wanting to gouge the American dollar or economy in exchange for nothing of value. Instead the baton you pass includes unbelievable debt including a $47T Medicare deficit to cover the care you intend to consume... and then you pretend you can't understand why the recipients of your wonderful gift, can't match your financial prowess! Perhaps they should - an equally selfish response would be to stop contributing to your Medicare costs for a start, and then see if they can match your financial prowess...
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us.
"
-- Shakespeare: Coriolanus, Act 1, scene 1
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