They have many names: geezers, codgers, old timers, gummers, old farts, elders, seniors, battle axes and baby boomers. Regardless of what you call them, these folk over the age of 60 (born 1951 and earlier) are the primary cause of this country's debt problems. There is really no argument against this undeniable truth: old people are wrecking our country.
Of the $2.3 TRILLION dollars that come into the treasury every year, 6 out of 10 of those dollars are doled back out to old people, mostly in the form of Social Security, Medicare, Medicaid and medical prescription benefits. If you round up, that's almost two out of every three dollars taken from tax payers are given to these oldsters. And why? Because they vote on legislation making this theft legal. And they vote religiously and regularly in huge blocks.
Sure, some of the bucks paid into the treasury are taken out in the form of FICA taxes over the years, and are then paid back in montly stipends to the geezer, but it is rare if never that a living SSN recipient ever pays more into the system than they take out. Only in the case where the recipient dies prematurely will that be the case. And we are not talking about dead people at the moment, only old people, and accordingly those dead guys are excluded from blame.
Even though most (but not all) geezers know that this system is unsustainable, they don't care. They care not a whit that money paid to them to allow them their retirements in luxury is costing their grand kids and great grand kids a life of posterity. They only want what they want, and they want it right now, regardless of the chaos it is causing. Geezers who think this way (and there are millions and millions of them) are greedy, selfish pigs. The lot of them
In fairness, not entirely ALL of the blame for our debt crisis can be laid at the gummer's feet. The gutless politicians (mostly Democrats) who promised these geezers all of this cash in exchange for votes can also share the blame, but it is the geezers who demand the lion's share of the treasury's intake, despite the damage to the long term economy, these old timers are the ones to blame at the moment, and not the dead gutless politicians who made them those unkeepable promises lo these many years ago.
When you walk down the street and see an old, crippled geezer ambling down to the super market, Social Security check in hand, just know that they are the enemy of us all. They are killing our country.
And they know it, but don't care.
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