4 ms·

Lets just hope it's done by the government and not by private corps gouging people who just need care.

throwaway6734 4y ago
The government will be gouging the young to pay for it. From the generation that brought you Ronald Reagan, boomers will have no trouble bankrupting the youth to pay for their entitlements
- loeg 4y ago
  Washington state recently added a new youth to elderly wealth transfer program under this guise (LTC).
- amanaplanacanal 4y ago
  The boomer playbook has always been voting themselves benefits to be paid for by their children and grandchildren. This seems to be universal: liberal, moderate, or conservative. See the national debt. And I say this as a boomer myself.
  - dragonwriter 4y ago
    > The boomer playbook has always been voting themselves benefits to be paid for by their children and grandchildren The Boomers were in their prime working years when the Silents under Reagan did the US’s biggest tax burden shift onto them, and cut their expected benefits along with it. What are you referring to, specifically?
- dragonwriter 4y ago
  > From the generation that brought you Ronald Reagan, The age groups that Reagan won were the ones that are (predominantly composed of, because the categories don't perfectly match generation boubdaries) Silents and older. The Boomer age groups were tied (22-29 went 44 Carter, 44 Reagan, 11 Anderson) or for Carter (18-21 went 45 Carter, 44 Reagan, 11 Anderson.) The generation(s) that brought you Reagan are, for the most part, dead.
s1artibartfast 4y ago
I think that's a pretty unrealistic hope. I don't think the government is going to spin up up millions of workers to be in home caregivers and start building government funded nursing homes. That's not to mention the budget implications is such care. Some states are looking at or implementing new mandatory Insurance programs nursing home care, but these are far too late for Boomers to pay into them in a meaningful way
- loeg 4y ago
  > Some states are looking at or implementing new mandatory Insurance programs nursing home care, but these are far too late for Boomers to pay into them in a meaningful way This has not stopped Washington state, for example, from allowing Boomers to benefit from these programs without paying into them in a meaningful way.
- wintogreen74 4y ago
  Even government homes (in Canada) are often income/wealth-adjusted.
- toast0 4y ago
  If you have medical necessity, Medicaid pays for long term nursing homes once you meet their financial requirements (spend down assets and have low enough income). Some nursing homes specialize in medicaid patients, which isn't much different than a government funded nursing homes IMHO.
  - s1artibartfast 4y ago
    I fully agree that's the case. I was more addressing the idea of the government providing the services directly and cutting the private providers out of the loop

The government will be gouging the young to pay for it. From the generation that brought you Ronald Reagan, boomers will have no trouble bankrupting the youth to pay for their entitlements

loeg 4y ago
Washington state recently added a new youth to elderly wealth transfer program under this guise (LTC).
amanaplanacanal 4y ago
The boomer playbook has always been voting themselves benefits to be paid for by their children and grandchildren. This seems to be universal: liberal, moderate, or conservative. See the national debt. And I say this as a boomer myself.
- dragonwriter 4y ago
  > The boomer playbook has always been voting themselves benefits to be paid for by their children and grandchildren The Boomers were in their prime working years when the Silents under Reagan did the US’s biggest tax burden shift onto them, and cut their expected benefits along with it. What are you referring to, specifically?
dragonwriter 4y ago
> From the generation that brought you Ronald Reagan, The age groups that Reagan won were the ones that are (predominantly composed of, because the categories don't perfectly match generation boubdaries) Silents and older. The Boomer age groups were tied (22-29 went 44 Carter, 44 Reagan, 11 Anderson) or for Carter (18-21 went 45 Carter, 44 Reagan, 11 Anderson.) The generation(s) that brought you Reagan are, for the most part, dead.

s1artibartfast 4y ago

I think that's a pretty unrealistic hope. I don't think the government is going to spin up up millions of workers to be in home caregivers and start building government funded nursing homes. That's not to mention the budget implications is such care. Some states are looking at or implementing new mandatory Insurance programs nursing home care, but these are far too late for Boomers to pay into them in a meaningful way

loeg 4y ago
> Some states are looking at or implementing new mandatory Insurance programs nursing home care, but these are far too late for Boomers to pay into them in a meaningful way This has not stopped Washington state, for example, from allowing Boomers to benefit from these programs without paying into them in a meaningful way.
wintogreen74 4y ago
Even government homes (in Canada) are often income/wealth-adjusted.
toast0 4y ago
If you have medical necessity, Medicaid pays for long term nursing homes once you meet their financial requirements (spend down assets and have low enough income). Some nursing homes specialize in medicaid patients, which isn't much different than a government funded nursing homes IMHO.
- s1artibartfast 4y ago
  I fully agree that's the case. I was more addressing the idea of the government providing the services directly and cutting the private providers out of the loop