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New Social Security bill
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<blockquote data-quote="bacha29" data-source="post: 3966500" data-attributes="member: 58386"><p>You're the kind of person I'm seeing more of lately. You want the older worker out of the workforce not competing against you for jobs that thanks to automation will be fewer in number but you don't want us drawing any benefits. You can't have it both ways</p><p></p><p>You can go cocking off about Social Security all you want. In fact Bush wanted to privatize it but that was just ahead of the worst recession in 80 years. Furthermore banks didn't want to do it because of the cost of managing small account balances and the fees they would have to deduct from those balances. In addition they pointed to the fact that all the accounts would be are piggy banks people would be raiding all the time and would lack the discipline to keep the money there.</p><p></p><p>As for Medicare the political downfall of Paul Ryan was his so called "Pathway to Prosperity" plan which would have terminated Medicare and replaced it with a voucher for $7700 for every Medicare enrolled individual. Too bad he was too dumb to realize that there ain't an insurance company in the entire world who would write a health insurance contract for a 68 year old retiree for $650 a month. </p><p></p><p>Nobody's stopping you from making your own financial decisions but add about 30 more years of bodily ageing and 2 or 3 and perhaps more major recessions during that time and the resulting devaluations of your savings you would then understand the growing public push backs against GOP efforts to abolish these programs . Not just push backs but growing demands for measures designed to strength them.</p></blockquote><p></p>
[QUOTE="bacha29, post: 3966500, member: 58386"] You're the kind of person I'm seeing more of lately. You want the older worker out of the workforce not competing against you for jobs that thanks to automation will be fewer in number but you don't want us drawing any benefits. You can't have it both ways You can go cocking off about Social Security all you want. In fact Bush wanted to privatize it but that was just ahead of the worst recession in 80 years. Furthermore banks didn't want to do it because of the cost of managing small account balances and the fees they would have to deduct from those balances. In addition they pointed to the fact that all the accounts would be are piggy banks people would be raiding all the time and would lack the discipline to keep the money there. As for Medicare the political downfall of Paul Ryan was his so called "Pathway to Prosperity" plan which would have terminated Medicare and replaced it with a voucher for $7700 for every Medicare enrolled individual. Too bad he was too dumb to realize that there ain't an insurance company in the entire world who would write a health insurance contract for a 68 year old retiree for $650 a month. Nobody's stopping you from making your own financial decisions but add about 30 more years of bodily ageing and 2 or 3 and perhaps more major recessions during that time and the resulting devaluations of your savings you would then understand the growing public push backs against GOP efforts to abolish these programs . Not just push backs but growing demands for measures designed to strength them. [/QUOTE]
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