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View Diary: Krugman says "The Geezers Are All Right" (45 comments)

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  •  Who cares (2+ / 0-)
    Recommended by:
    soros, nextstep
    you forget that the Boomers were asked to pay more since there were so many of them(1983 I believe was the start) and delay full benefits for up to 2 years, on SS already.  Is that not a generation sacrificing, and preparing
    This isn't some kind of morality play here.

    Younger generations don't care what kind of trust fund machinations happened back in the day or how much sacrifice the boomers already have purportedly made.

    What they care about is: how much am I paying? What kinds of benefits am I likely to see in exchange for these payments?

    Lots of "responsible" people go bankrupt now and then. It doesn't make them any less bankrupt. The question is only: is the money there, or not?

    (-5.50,-6.67): Left Libertarian
    Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

    by Sparhawk on Mon Jun 03, 2013 at 10:04:38 AM PDT

    [ Parent ]

    •  So, Gen X/Y and Millenials (0+ / 0-)

      Would you rather pay more tax to Social Security, or would you rather that your parents came to live with you when they retire?

      I paid more in FICA taxes during my career, and because of my mother's lack of planning, she's living with me because she can't live on own on her pension benefits and Social Security...

      I'd have been willing to pay more in FICA taxes, just to guarantee that I wouldn't be in this situation.

    •  well if it isn't about fairness (0+ / 0-)

      and it isn't about morality, it is all about me, me, me.  Quite a liberal perspective on society and sharing in the burdens and benefits to the greater good, or whether a significant number of old people, and disabled people won't survive, but no money, so sad, Die Quicker.  Nice to know.

      •  Fairness and morality (3+ / 0-)
        Recommended by:
        soros, nextstep, theotherside

        Is it fair or moral to ask younger generations to shell out for benefits if there is a low statistical likelihood of them getting the same benefits in the future?

        Social security recipients and pensioners need to realize that previous promises were made to them by people who are mostly dead now and certainly not in power. None of the people who made these promises has to pay for them: the promises were all made on behalf of third parties (who weren't born when these discussions were had) many of whom are in severe financial distress themselves.

        This point isn't necessarily an argument to cut Social Security, but it is an argument against the weaselly "we were promised" passive voice argument. Individual humans made promises, and individual other humans are being asked to cover those promises. A comprehensive solution to this issue means that if younger workers need to take some punishment, so do older workers. And if the response is "eh, just cover it with tax increases" the question is: whose taxes?

        (-5.50,-6.67): Left Libertarian
        Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

        by Sparhawk on Mon Jun 03, 2013 at 02:50:56 PM PDT

        [ Parent ]

        •  more than promised (0+ / 0-)

          paid into the system for years, a specific tax for a specific benefit,  it is looked upon by the courts as a property right.

          And except for snivellers and thieves, there is no reason for the system to go away.  No reason there won't be money to pay benefits.

          And again, you ignore one of the most obvious things about the facts, not the right wing spin, Americans by and large except the bat shit right, yound and old, agree more taxes would be fair.  Higher payroll taxes.  I will be working several more years, increase the tax.

          It is like school tax, I never had a kid, but I will gladly vote for every tax increase, bond issue, etc. that supports the public schools.  It is an olbigation of being a citizen, it is important to the future of this country and it is not all about what I personally get out of the tax.   Not once have I ever objected to a school tax.

          If the younger generations only feel they should pay for what they can personally get, then we're screwed anyhow.  

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