Quote:
Originally Posted by Willravel
Nothing so absolutist. I'm saying many people aren't capable of maintaining the necessary fiscal habits to make retirement feasible, and we saw the consequences of that in the lead up to the New Deal. I should also point out that the New Deal is hardly unique in the world.
Medicare is health insurance for seniors and the disabled. SCHIP is health insurance for children.
Why? The existing pensions for congress make the lottery look like SSI. Here's a great (and recent) article about it:
Congress' cushy pension system |
My mistake, I was still surprised from GEICO and thinking auto insurance.
Actually it is. It's revolutionary that the government was going to take care of you.
Again, you'd like the government to take care of you. I'm all for that for you. See the difference here is that Willravel would like to limit Cynthetiq's choices. I'm happy you'd like to have the choice of the government to take care of you and countless others. I'm expecting at least a tip of the hat to have the same respect. Instead, you'd rather force me to do something I don't want to do or feel I can do better on my own. The difference between me and the people like me, is that when I come up short from my own decisions, we take responsibility for them and don't push the blame on someone else OR ask someone else to increase their share because of our missteps or mistakes.
But imagine during your aging years, that someone like GWB comes back around and you don't get the benefits that you waited or counted on or the inflation is so high that your money doesn't buy or get you anything. Or like Medicare, you start shifting assets PRIOR to your dying to ensure that you can get the benefits before the government starts taking it's share of the value of the assets.
You may want to live your life like that. I don't, which is why I'd like to opt out if I could. I'm happy to go into another privatized plan that I could select from a marketplace if forced to.
and again... with FERS in place, why can't that be offered to every single citizen?
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