So... Some Here Wonder Why No One Cares The Boomers Are Having Their Golden Coffins Repo'd. Well... Heres why:

[Lisa558]

So we may have to ask them to tap into that nest egg if we’re in a fiscal crisis. Borrowing trillions a year to continue providing trillions in benefits to the cohort that has already amassed most of the nation’s wealth doesn’t make sense. All this shit about work requirements for food stamps (which already exist) is just a red herring to avoid acknowledging the obvious.

P.S. I know liberals are always looking to get your hands on someone else’s money, but news flash: the median savings of retirees is only $200,000.

You’re just going to have to get a job.

Average Retirement Savings by Age - NerdWallet

The average retirement savings for all families was $333,940. Balances vary by age, with those 55-plus having the most in their accounts.

www.nerdwallet.com

 

[Greenbeard]

No, they need that nest egg to fund the overpriced nursing homes and assisted living.

Most nursing home stays are paid for by Medicaid, the program you're trying to cut.

P.S. I know liberals are always looking to get your hands on someone else’s money, but news flash: the median savings of retirees is only $200,000.

Weird bit of projection since your hand is in my pocket, not vice versa. Your real estate holdings have quadrupled in value, time to cash in before asking for more from the working taxpayers.

 

[Lisa558]

Most nursing home stays are paid for by Medicaid, the program you're trying to cut.

Weird bit of projection since your hand is in my pocket, not vice versa. Your real estate holdings have quadrupled in value, time to cash in before asking for more from the working taxpayers.

What about all the elderly in assisted living and memory care, who do not qualify for a nursing home? Medicaid doesn’t pay for that.

Seniors NEED the money they’ve worked hard for and saved for their golden years. Some entitled liberal like you isn’t going to steal it from them and give it to young adults to lazy to get a job.

 

[Lisa558]

Most nursing home stays are paid for by Medicaid, the program you're trying to cut.

Weird bit of projection since your hand is in my pocket, not vice versa. Your real estate holdings have quadrupled in value, time to cash in before asking for more from the working taxpayers.

We’ve been working taxpayers for 50 or so years. We’ve more than paid our dues. Now let us use the money we’ve saved for our old age rather than stealing it to give it to a Baby Mama with five kids and five deadbeat “fathers.”

 

[Greenbeard]

We’ve been working taxpayers for 50 or so years. We’ve more than paid our dues. Now let us use the money we’ve saved for our old age rather than stealing it to give it to a Baby Mama with five kids and five deadbeat “fathers.”

You should indeed use your own money that you've amassed! No one need take it or give it to anyone else, just use that instead of keeping Uncle Sam on the hook for your expenses.

 

[Lisa558]

You should indeed use your own money that you've amassed! No one need take it or give it to anyone else, just use that instead of keeping Uncle Sam on the hook for your expenses.

Well duh.

But let me get this straight. You’re saying seniors who have saved their entire lives should use their own money and not Uncle Sam’s, but irresponsible young adults who refuse to get jobs, have multiple kids they won’t support, SHOULD get Uncle Sam to pay for THEM?

Your socialist leftist bias against older people is showing, bigly.

 

[Greenbeard]

Well duh.

But let me get this straight. You’re saying seniors who have saved their entire lives should use their own money and not Uncle Sam’s, but irresponsible young adults who refuse to get jobs, have multiple kids they won’t support, SHOULD get Uncle Sam to pay for THEM?

Your socialist leftist bias against older people is showing, bigly.

Prime age labor force participation is near its all-time high.

Our fiscal issue isn’t that our prime age population simply refuses to work, it’s that it has to support a swelling population of retirees that already possesses most of the nation’s wealth.

 

[Lisa558]

Prime age labor force participation is near its all-time high.

Our fiscal issue isn’t that our prime age population simply refuses to work, it’s that it has to support a swelling population of retirees that already possesses most of the nation’s wealth.

So what? That doesn't excuse all the young adults who are are welfare with their multiple kids and won’t get a job.

 

[Lisa558]

You should indeed use your own money that you've amassed! No one need take it or give it to anyone else, just use that instead of keeping Uncle Sam on the hook for your expenses.

You keep changing the goal posts as you lose the argument (as libs always do). You just said upthread that we should “tap into” the nest eggs of old people. Now you’re saying “no one need take it.”

Keep changing the goalposts as you lose the debate. Nobody with any decency would demand the dementia people without enough money fund a $12,000 a month indefinitely lose support while also arguing that 30-year-olds with multiple illegitimate kids get all sorts of support.

 

[Greenbeard]

You keep changing the goal posts as you lose the argument (as libs always do). You just said upthread that we should “tap into” the nest eggs of old people. Now you’re saying “no one need take it.”

I said “ask them to tap into” their nest eggs. How has it not been clear I’ve been suggesting retirees should tap into their nest eggs to cover their own expenses?

 

[Moonglow]

BULL FUCKING SHIT!!!!!!

I've learned MANY trades over my lifetime, and I STILL work from paycheck to paycheck in my 60's!!!!

Companies don't want SKILL.......they want CHEAP LABOR.........and they don't care WHO they hire to get it.
Which has left SKILLED people flipping burgers, working in retail, or doing odd jobs.

I was self employed for thirty five years and I don't flip burgers.

 

[Frankeneinstein]

1. Housing Market Locked Us Out - Boomers bought homes for dirt—$20K in the ‘70s, a joke adjusted for inflation. They choked supply with zoning crap and watched prices explode to $400K for a dump. We’re stuck renting or couch-surfing.
   Proof: Federal Reserve Economic Data - Home Prices
2. Debt Dumped on Our Backs - They got a debt-to-GDP ratio under 35% in the ‘60s, then ran it up past 120% by 2025 with tax cuts and pork. Boomers cash out; we’re stuck with the bill.
   Proof: U.S. Treasury - Historical Debt Outstanding
3. College Costs Blew Up - Boomers paid peanuts—$500 a year—with summer gigs. They gutted funding, let schools turn into loan sharks, and now we’re $100K in the hole for a degree that don’t pay.
   Proof: National Center for Education Statistics - Tuition Costs
4. Jobs Went From Gold to Garbage - They had factories and unions, then offshored ‘em in the ‘80s and ‘90s for cheap labor. Boomers got pensions; we’re stuck with gig apps—no benefits, no hope.
   Proof: Bureau of Labor Statistics - Manufacturing Employment
5. Social Security’s a Bust - They paid in chump change, took out fortunes, and left the fund on life support—projected to crater by 2035 without a fix. Boomers retire; we pay.
   Proof: Social Security Administration - Trust Fund Data
6. Healthcare’s a Racket - Boomers got cheap docs and meds. They let HMOs and Pharma jack prices—now it’s $500 for a pill and $10K deductibles. They’ve got Medicare; we’re screwed.
   Proof: KFF - Healthcare Costs Over Time
7. Wages Ain’t Moved - Productivity’s up 300% since the ‘70s, but wages? Stuck. Boomers skimmed the profits, CEOs cashed out, and we’re left with $7.25—half their buyin’ power.
   Proof: Economic Policy Institute - Wage Stagnation
8. Pensions Got Torched - They retired at 60 with cushy defined-benefit plans. Boomers swapped ‘em for 401(k)s, handed us the market crapshoot, and bailed. Work ‘til you die, kids. WHOOPS! Eat the market crash fuckin' parasites...
   Proof: Pension Rights Center - Shift to 401(k)
9. Wall Street Got a Free Pass - They deregulated banks, crashed it all in ‘08, and got bailed out. Boomers kept their cushy nests; we lost jobs and homes. Greed paid—for them. And they don't care as long as they die in a golden coffin someone else has to pay for...
   Proof: Federal Reserve - 2008 Financial Crisis
10. Rigged the Game, Kept the Prize - Boomers preached hard work, then tilted the table—tax breaks for the rich, corporate handouts. They’re set; we’re hustlin’ three jobs to eat. Ask any Zoomer who still has to live with their parents despite having a "good paying job"...
    Proof: Tax Policy Center - Tax Breaks Over Time

There ya go—ten nails in the coffin, each with a link to shove the truth up your ass. Boomers built their empire, then pulled the ladder up behind them. Argue that, I dare ya...

You're just dealing with or saying goodbye to all those things in the name of "white privilege"! what did you think America would look like after the boomer success was dismantled? the entire reason for calling it "white privilege" is to make sure there was no braking mechanism by labeling those who objected to the dismantling of it as racists...enjoy

 

[Lisa558]

I said “ask them to tap into” their nest eggs. How has it not been clear I’ve been suggesting retirees should tap into their nest eggs to cover their own expenses?

I thought you meant tap into to give to other people!

Of course older people are tapping into their savings. How have my parents afforded assisted living for 8 years (and counting)? The issue is, what happens to seniors who have responsibly lived beneath their means for 50 years in order to save for their old age, and after going through $1 million or so on ridiculously high ALFs, run out of money? You seem to think that old people have endless amount of money.

So the question is, who should be required to get a job in order to receive help?

1) an old lady with dementia who has paid for assisted living or memory care for 10 years, and has now run out of money, and is not doing what the libs want her to do: die. She is unable of course to earn any money.

2) a baby mama about 30 with four or five kids all on welfare, none of the fathers pitching in, and the mama never having a job in her life and has no plans to ever got one?

 

[Greenbeard]

I thought you meant tap into to give to other people!

No, I mean 18% of the population is seniors and the fiscal impact of paying their way means we either need to raise taxes substantially or stop doing that so much. There's no way around that structural issue. The Boomers never met a tax cut for themselves they wouldn't vote for and now the piper must be paid.

Of course older people are tapping into their savings. How have my parents afforded assisted living for 8 years (and counting)? The issue is, what happens to seniors who have responsibly lived beneath their means for 50 years in order to save for their old age, and after going through $1 million or so on ridiculously high ALFs, run out of money? You seem to think that old people have endless amount of money.

The average per person monthly SNAP benefit is ~$180/month. And you're giving me someone who needs millions of dollars in public resources and suggesting the former person is the source of our fiscal problems? This is why you people are fundamentally unserious. Bitch about the deficit all you like, you definitely do not have the stomach to do anything about it. We need either hard hearts or serious revenue increases.

So the question is, who should be required to get a job in order to receive help?

1) an old lady with dementia who has paid for assisted living or memory care for 10 years, and has now run out of money, and is not doing what the libs want her to do: die. She is unable of course to earn any money.

2) a baby mama about 30 with four or five kids all on welfare, none of the fathers pitching in, and the mama never having a job in her life and has no plans to ever got one?

You're about 30 years too late, welfare was replaced by TANF, with work requirements and a lifetime cap on benefits, during the Clinton administration.

Incidentally, the average TANF benefit for a family is about ~$650/month. The average monthly cost in a memory unit is more like ~$6,500/month. An order of magnitude larger.

Separate that lady from her kids all you like (although I thought MAGA wants to pay people to have children now?), it's not going to solve our fiscal problem.

 

[Lisa558]

No, I mean 18% of the population is seniors and the fiscal impact of paying their way means we either need to raise taxes substantially or stop doing that so much. There's no way around that structural issue. The Boomers never met a tax cut for themselves they wouldn't vote for and now the piper must be paid.



The average per person monthly SNAP benefit is ~$180/month. And you're giving me someone who needs millions of dollars in public resources and suggesting the former person is the source of our fiscal problems? This is why you people are fundamentally unserious. Bitch about the deficit all you like, you definitely do not have the stomach to do anything about it. We need either hard hearts or serious revenue increases.



You're about 30 years too late, welfare was replaced by TANF, with work requirements and a lifetime cap on benefits, during the Clinton administration.

Incidentally, the average TANF benefit for a family is about ~$650/month. The average monthly cost in a memory unit is more like ~$6,500/month. An order of magnitude larger.

Separate that lady from her kids all you like (although I thought MAGA wants to pay people to have children now?), it's not going to solve our fiscal problem.

The cost of memory care is easily $12,000 to $13,000 a month by the time you add in all their charges. And these people will run through their savings, and with no way to earn more.

Yet your sympathy goes to an able-bodied young woman who has multiple children with no thought as to how she can support them, and refuses to get a job.

Sorry, we need to help the seniors. The welfare recipients need to work.

 

[Greenbeard]

The cost of memory care is easily $12,000 to $13,000 a month by the time you add in all their charges. And these people will run through their savings, and with no way to earn more.

Yet your sympathy goes to an able-bodied young woman who has multiple children with no thought as to how she can support them, and refuses to get a job.

Sorry, we need to help the seniors. The welfare recipients need to work.

You could end TANF tomorrow and ship every poor American kid off to one of those El Salvadoran black sites, we still wouldn't be able to afford $13,000/month care for a legion of aging Boomers without massive revenue increases. Trying to evade that reality by ranting about families receiving low three figures a month is just a red herring.

 

[Lisa558]

You could end TANF tomorrow and ship every poor American kid off to one of those El Salvadoran black sites, we still wouldn't be able to afford $13,000/month care for a legion of aging Boomers without massive revenue increases. Trying to evade that reality by ranting about families receiving low three figures a month is just a red herring.

And you’re ignoring the point:

You are willing to let elderly people starve or die of infection rather than require welfare recipients to get a job.

This is the danger of socialism - no use for the elderly, and after they contribute to the work force for 50 years, let them rot away without help.

 

[Greenbeard]

And you’re ignoring the point:

You are willing to let elderly people starve or die of infection rather than require welfare recipients to get a job.

This is the danger of socialism - no use for the elderly, and after they contribute to the work force for 50 years, let them rot away without help.

TANF and SNAP (“welfare” and “food stamps”) already have work requirements. And yet our fiscal time bomb remains. A conundrum!

I’m not sure how socialism figures into this, other than your evident conviction that working people represent an infinite piggybank that can and must be tapped to fund Boomers’ five-figure per month expenses in perpetuity. Heaven forbid the richest generation in world history finance its own needs.

 

[Lisa558]

TANF and SNAP (“welfare” and “food stamps”) already have work requirements. And yet our fiscal time bomb remains. A conundrum!

I’m not sure how socialism figures into this, other than your evident conviction that working people represent an infinite piggybank that can and must be tapped to fund Boomers’ five-figure per month expenses in perpetuity. Heaven forbid the richest generation in world history finance its own needs.

That’s your lib-brain talking. ELDERLY are individuals, and those who have to pay for a decade - or even a few years - of assisted living or memory care can’t afford $10,000 or $15,000 a month.

You think the seniors represent an infinite amount of money.

You just look at people as “groups.”

 

[Greenbeard]

That’s your lib-brain talking. ELDERLY are individuals, and those who have to pay for a decade - or even a few years - of assisted living or memory care can’t afford $10,000 or $15,000 a month.

You’ve been railing against “socialism” for a while, but as far as I can tell your solution here is that . . . somebody else ought to pay for this? Years of $15K/month stays in a memory unit?