Guilt is a wonderful tool. People talking about reforming Social Security and Medicare often try to make old people feel guilty because it is all going to be paid for by the young people.
Hogwash. Or at least semi-hogwash.
The problem is not generational theft with the old stealing from the young. It is more a Peter-Paul issue with the one’s in power robbing those who are not.
Entitlement is not just Social Security and Medicare. It is also EBT, WIC, Section 8, guaranteed student loans and a host of other programs that hand out money to people under 30. The young people are just as guilty as the older ones. Everyone wants a lavish lifestyle without doing the work to earn it.
At least the old people paid something in. Often they were forced to contribute even though they disagreed with the socialistic approach. What is overlooked is that if the money had not been used as a private slush fund by politicians over the years there would be plenty to take care of the elderly who paid in. Insolvency is also ordained by giving to people who did not contribute. This is one of those areas of bipartisan agreement by the Republicans and Democrats. They have both lined up at the socialist banquet table and sucked out the millions for their own personal benefit.
So lets do this. First, cut all entitlement programs by the Federal, State and county governments. If cities want to hand out their money to the needy that is okay. They will do so because they will see the need and they will do so more effectively because they will also see the sloth and irresponsibility and be in a place to reward those in genuine need and ignore the rest.
Second, reduce all taxes at the same rate that these cuts decrease the budgets of the respective governments. This will return untold wealth to individuals. They will then be able to help those in genuine need in their area.
Third, return the stolen funds. Calculate all the money paid into things like Social Security and the balance that would be there if contemporary levels of interest had been paid. Give it back and let people take care of themselves. It is called being responsible instead of dependent. Will some people suffer? A few, but in most cases it will be because of decisions they made. It is their own fault. My prophetic utterance is that none will starve to death because their neighbors will find ways for them to survive. They just won’t have cell phones, Niki’s and HD TV.
It won’t happen. Remember Romeny’s 47%. He was right and they also vote. It is only a dream but there are no laws against that. Yet.
homo unius libri
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