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Talking Rotten
Message
From
29/01/2019 14:11:44
John Ryan
Captain-Cooker Appreciation Society
Taumata Whakatangi ..., New Zealand
 
 
To
28/01/2019 16:46:26
General information
Forum:
Politics
Category:
Economics
Title:
Miscellaneous
Thread ID:
01665625
Message ID:
01665810
Views:
67
>>Anyone who can take it away from them.

Maybe consider your own position compared to somebody with no assets to pass on to give their next generation a leg up.

I am of course assuming that your will doesn't leave everything to the state, but has significant allowance for your kids and relatives.

If so, then you're just like the Waltons apart from the number of zeroes. Your kids also are going to get an unearned leg up, leaving the poor kids further behind through no fault of their own.

From that POV, perhaps you're a rich fat cat that benefited from property appreciation through no prowess of your own while deliberately underfunding Medicare, punishing any politician foolish enough to want to balance the books through the '70s and '80s when it would have been affordable before turning eyes away as most of the traditional blue collar jobs were offshored... and there could be millions of fellow Americans eager to call your position unearned and to want to reclaim a piece of it.

Meanwhile the Waltons almost certainly paid more tax than they'll ever consume in benefits and have since donated billions for the well-being of others.

IMHO there's nothing virtuous about proposing additional taxes on somebody else, but from another POV there may be cynicism that here you go again, always piously allocating liabilities to others while fiercely protecting all your own unearned and unfunded benefits... Such a cynic may conclude that it's the propensity for the previous Middle Class generation to claim more than its share, that led to the current situation. As an example, ending the Medicare burden or at least means testing it would allow huge relief for today's poor and middle class struggling to pay for the healthcare of wealthy retirees as well as their own... and how about the symmetrical fairness of claiming back some of the assets accumulated instead of funding the scheme properly. The tragedy is that a few extra pennies through the '70s-'80s would be worth tens of thousands today. So don't be surprised if you start hearing that refusing to pay the pennies makes you liable for the tens of thousands today, with greedy eyes calculating the value of the assets you accumulated instead. As the Uniparty gathers strength, don't imagine that your vote can prevent this either...
"... 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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