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I disagree with her on many of those points. - "Young people pay for Medicare for our seniors." Medicare is literally going bankrupt within the next decade, a

I disagree with her on many of those points. - "Young people pay for Medicare for our seniors." Medicare is literally going bankrupt within the next decade, as is Social Security. When it was founded, there were 30 young people for every old person. Now it is 3-1, and going down still from declining birthrates. There is no guarantee any young person paying in right now will ever see a penny when they are old, unless you expect the government to print money for the next half a century. - "If a person is blessed enough to be in a position to have paid off their loans, maybe they have a home now" Wishful thinking. I have paid off my loans, have no home, and getting home ownership right now is horrible even with first time homeowners programs. There are plenty of people trapped paying off their debt, but can't afford a home, especially with current prices.

bena 4y ago
It doesn't change the fact that Medicare and Social Security are being paid for by current contributions. That money coming out of your check isn't getting socked away for later, it's getting paid out now. That's what she means and kind of what she literally said. There are people who are paying into a system they will see no benefit from.
- gjsman-1000 4y ago
  Her main point is that "what goes around comes around." You might receive a $10K bailout, but later your taxes will help someone else. That's her principle behind her thinking on why this is OK. If you hurt now, it will benefit someone else; and when you are hurt, you will benefit from someone else hurting. I currently have very little confidence long-term that this will happen. Right now, I have 0% confidence in Social Security and Medicare existing when I am old. 0%. That money is, as far as I know, going away and I'm never seeing it again. The statistics back me up on this. Furthermore, this bailout, it will absolutely be repeated. There is never a one-time bailout that doesn't address the underlying cause without happening again in politics.

bena 4y ago

It doesn't change the fact that Medicare and Social Security are being paid for by current contributions. That money coming out of your check isn't getting socked away for later, it's getting paid out now. That's what she means and kind of what she literally said. There are people who are paying into a system they will see no benefit from.

gjsman-1000 4y ago
Her main point is that "what goes around comes around." You might receive a $10K bailout, but later your taxes will help someone else. That's her principle behind her thinking on why this is OK. If you hurt now, it will benefit someone else; and when you are hurt, you will benefit from someone else hurting. I currently have very little confidence long-term that this will happen. Right now, I have 0% confidence in Social Security and Medicare existing when I am old. 0%. That money is, as far as I know, going away and I'm never seeing it again. The statistics back me up on this. Furthermore, this bailout, it will absolutely be repeated. There is never a one-time bailout that doesn't address the underlying cause without happening again in politics.