Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

U.S. Government Learns of Baby Boomers for First Time

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-23-12 05:33 AM
Original message
U.S. Government Learns of Baby Boomers for First Time
Edited on Mon Apr-23-12 06:14 AM by No Elephants
One would assume that the U.S. government knew of the boomers, given that it made sure to protect the health industry and its insurers against the day when most boomers started becoming eligible for Medicare. But, two news stories today would suggest that the government is just first learning of the boomers. :sarcasm:

How dare government just keep taking our money, then fail to plan for totally predictable things like airplane hijackings and Boomers aging into eligibility for Medicare?

Meanwhile, two stories this morning about this subject and none about something like the May Day general strike. I guess we can expect to be treated to this until Social Security and Medicare and other safety net --lifeline--programs get cut.

When in hell is anyone going to care enough to get off the couch and start holding government and our Republican propaganda shill media to account?




Here is one story from the AP website today....

Apr 23, 3:52 AM EDT

Aging workforce strains Social Security, Medicare

By STEPHEN OHLEMACHER
Associated Press

economy that has been slow to rebound are straining the long-term finances of Social Security and Medicare, the government's two largest benefit programs.

Those problems are getting new attention Monday as the trustees who oversee the massive programs release their annual financial reports.


http://hosted.ap.org/dynamic/stories/U/US_SOCIAL_SECURI...

and here is another

Apr 23, 4:09 AM EDT

Auditors call for end to Medicare bonus program

By RICARDO ALONSO-ZALDIVAR
Associated Press

WASHINGTON (AP) -- In a rebuke to the Obama administration, government auditors are calling for the cancellation of an $8 billion Medicare program that congressional Republicans have criticized as a political ploy.


http://www.google.com/hostednews/ap/article/ALeqM5hl7LC...

If you think this is only about Republicans vs. Obama or Republicans vs. Democrats, I can assume only that perhaps you've been asleep for the last few years. Or the last few decades. I know I slept too long.
Printer Friendly | Permalink |  | Top
dtexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-23-12 02:21 PM
Response to Original message
1. But Social Security "reform" already happened in 1987.
To prepare for the onset of we Boomers, the full-retirement age was to be gradually raised to 67. That's why I won't collect until after my 66th birthday. And the plan was adequate to save SS in perpetuity.

Of course, that plan assumed roughly the same distribution of income as then existed. But since then, the income distribution has shifted ever upward, so SS is again said to be in trouble -- and that's not even counting the "tax breaks" in the form of lower FICA taxes that have been the only tax breaks the GOP House has allowed without big cuts for the superwealthy.

So now, SS is fully funded for only another quarter century. Oh, what a crisis! Imagine a fund that is only fully funded for another quarter century! What if that were funds for highway construction, or education, or even healthcare for the poor via Medicaid! Oh, wait -- all of those funds are in trouble now.

Still, a program that is only fully funded for 25 more years: why that's as bad as a Postal Service that can't afford to fully fund pensions for the next 75 years! Oh, what a crisis!

;-)

Now, Medicare is another kettle of fish, because healthcare costs continue to increase in the U.S.' out-of-control manner, as well as because of the growth of the older population (and not just because of the advent of us Boomers -- all age cohorts are tending to live longer, including those older than Boomers.
Printer Friendly | Permalink |  | Top
 
lbrtbell Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-23-12 08:55 PM
Response to Original message
2. We Gen-X'ers always knew we were going to get screwed
Even in our early 20's, we knew what the government was going to do to the elderly, as soon as they started talking about this BS back in the 1980's.

I think another good question is, why didn't you boomers see it coming, as well? Don't be offended--I'm not blaming you guys, just saying that you need to imitate our skepticism.

Ever since Ray-gun was president, it became very clear that dogfood and poverty for the elderly has been every Republican politician's wet dream...and the Democrats are letting it happen.
Printer Friendly | Permalink |  | Top
 
No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-24-12 03:32 AM
Response to Reply #2
3. Democrats are not passively letting it happen.
Edited on Tue Apr-24-12 03:42 AM by No Elephants
They are actively participating.

It was not a Republican who said before his inauguration that "entitlements," as he called them, had to be cut, then appointed the Cat Food Commission.

"I think another good question is, why didn't you boomers see it coming, as well? Don't be offended--I'm not blaming you guys, just saying that you need to imitate our skepticism."


? Why do you assume I am a boomer? Why do you assume I did not see "it" coming?

But.... whether or not you or I did or did not see it coming, what does that have to do with government's doing ITS job, the job it promised to do, the reason it gave for taking money out of our paychecks, the job America pays government so much to do?
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Wed Apr 23rd 2014, 04:44 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC