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The Social Security and Medicare systems are simply a means of making a younger generation pay for an older generation's retirement, since both of those systems
by miked 18y ago
The Social Security and Medicare systems are simply a means of making a younger generation pay for an older generation's retirement, since both of those systems are pay-as-you-go. Obama amd Congress have signed us, and especially young people, up for the largest debt burden in US history, both in absolute and relative terms. The debt accumulated in World War II doesn't even come close to what's being signed into law these days.
Still, we of the 60's generation are thinking of you. And we when head out to the golf course while you're heading to work to pay for our benefits, I swear we'll wave to you.