2) Social Security and Medicare will be there for you: Young Americans are expected to pay into Medicare and Social Security, but the programs arent going to be there in their present forms when they get old enough to use them. In other words, were defrauding young Americans. Were telling them to pay today so theyll be taken care of when they get old, but we have no intention of ever allowing them to collect. Unless there are massive changes made to our entitlement programs, most young Americans should expect to work until they die. Let me repeat that: if youre 25 years old, you will not get to retire at 65 like your parents because you will have to work until you drop dead. When theres a 100 trillion dollar difference between what we already owe and the money were collecting to pay it, thats not even a legitimately arguable proposition. If young Americans would like to receive more than sack cloth and an occasional bowl of gruel from the government once they get long in the tooth, they should be demanding entitlement reform.
Posted on: Sat, 18 Jan 2014 20:10:04 +0000
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