Republicans Hate Social Security and Medicare

If there’s one person out there who didn’t get the memo over 10 years ago that privatizing medicare and social security was high on the republican agenda, I’d like to have them tested for dementia.

The repubs have never made a secret of this.

Ultimately, what they want is to gut the two, gamble with the money until we end up with another crash and then orchestrate a massive transfer of wealth once again. i hope you remember who made out really well from the crash of 2008.

It wasn't me. Was it you?

I don’t understand most Americans. Report after report tells us that roughly 75% of all Americans from all socio economic brackets have little to no money saved and almost no true net value if you subtract their debt. The odds of anyone I know being able to survive to a ripe old on their savings alone is so low as to almost be non existent. Yet, they gamble with their future in a shockingly careless fashion when it comes to these two much needed programs either by voting republican or third party.

Here's the percentage of savings that people on average have amassed according to a financial article published in June of 2017:
$0 saved: 39 percent
Less than $1,000 saved: 18 percent
$1,000 to $4,999 saved: 12 percent
$5,000 to $9,999 saved: 6 percent
$10,000 or more saved: 25 percent
This article did not mention the debt percentages, however. 
Frankly, most people I know regardless of their savings, if they have any at all, would be worth 0% if they had to subtract their debt from their total net worth. In fact, they would be living in the red with no net value whatsoever. And, that has nothing to do with the socio economic brackets. The more people make, the more they spend, so whether they save or not, their debt puts them in the red every single damn time. 
The idea that the 75% or even the biggest portion of the 25% has enough money saved to live on until they reach their 90s or beyond is ludicrous. No one that I know has the means to do this. And, even if there are those among the 25% who could live off their savings well into old age, if they get sick, bankruptcy is right around the corner. In America, most would have to make a choice between treatment (bankruptcy) or dying.
According to current reports:
more people are saddled with student debt than ever before
credit card debt has reached an all-time high
More people over 60 are taking on debt than in the past
many people are struggling with high car payments stretched over long payment plans. 

I’m quite weary of people’s foolish shenanigans.

I once told a friend who’s husband is stubbornly conservative to ask him to show her how he plans to save a million dollars between now and retirement. They’re both 50 years old, so the days and nights of cold winters and barren tables are closing in upon them. I told her to keep after him to prove what he plans to do because I’m 99% sure that short of winning the lottery, he can’t deliver the goods. (Sigh) He's just another big-talking-male-baby boomer who hasn't reaped the benefits from the economic plan that he promotes and if he keeps voting republican, one day, he'll be opening that can of cat food for him and little wifey to share. 

I happen to think, he'll deserve it, too, but then I'm a bleeding heart liberal and so I still hope to avoid such a horrendous social outcome.

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Comment by Lauren Ell on December 26, 2017 at 7:52am

What are your opinions on the US public education system?

Comment by Michael Penn on December 9, 2017 at 7:19am

I agree with your every word. The problem is that Americans have become convinced of our high national debt and think the way to reduce this is to take money away from those who need it the most. You cannot balance a budget on the back of social security and other so called "entitlements." Nobody sees that the true goal is to further divide the money so the rich have more of it.

I'm a poor man at 71 but I'm also a hard man to some. My children get little monetary help from me because it takes away from my own livelihood. I have a friend that says I won't live much longer so I should buy a new car and enjoy it while I can. When I tell that story to the greedy they tell me I should buy 2 new cars. My reply is that once I do that I am broke. See, not so rich after all, but it took a lifetime to develope my system.

My best advice to anyone is to not live beyond your means and to not fall for the snares of the rich. They are not concerned with your welfare and the GOP is their agent politically.



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