Because those people who enrage you so much ALSO had large amounts of money withdrawn from THEIR paychecks under threat of force to pay for people who also had financial assets to pay for themselves.
Nope. The cohort group paying now is significantly smaller paying for a significantly larger group of retirees. The Boomers were 80 million. Each generation after has been smaller due to anti-natalist policy, feminism, abortion, and economic hardship, perceived or otherwise. I am paying a significantly larger portion of my equity towards SS and Medicare than my father or grandfather ever did...and if you'd watched the video I provided, he goes over why.
No different than you right now. Same situation, no difference.
Big differences. Larger retiree population, smaller working population, much higher living expenses, much more regulatory obstacles to name a few.
BUT NOW... they shouldn't ask for the return they're entitled to, in what they were told all those years was being taken to fund their retirement once they reached the age to qualify?
not if they didnt actually contribute it. Like I said, the averager retiree withdraws the entirety of their contributions after the firat seven years because thats all that people were expected to live when the system was designed. Now people are living often decades longer, entirely extracting from an ever shrinking pool of producers.
That's Marxist.
And all those years they also paid those payroll deductions to fund people who claimed to have insufficient assets as they lived their lives of being lazy welfare bums, unwilling to do the work to improve their financial situation.
Yea. The system required a solid moral foundation, solid work ethics, the desire to be productive, and aconstant stream of replacement population at least equalling those leaving. Once this anti family, anti accountability, retired-for-decades culture started pervading the system, the system started breaking down.
These new generations are the most greedy, "it's all about me", self-entitled "victims" this country has ever seen.
There we have it. You think a way about them, they see that and know they wont get anywhere by being nice or trying to play the current system. You'll lose voting power and they will gain it, and unless this disparity is addressed, without any moral structure or foundation to guide them the result will eventually be socialism.
We should be thankful the vast majority are doing exactly as those before them did: put their effort into working hard and smarter to improve their economic situation.
Luckily genZ is moving towards more traditional values. GenX and Millenials are in trouble though
By the demographics, the biggest Marxists are Boomers though. They are the only demographic group that does not majority support the current president
Here's some food for thought. How many people here who are millionares were in favor of DOGE, but oppose cuts to Social Security and Medicare, oppose raising the minimum age for benefits, or would oppose a system by which you only withdraw to the amount you contributed, adjusted for inflation?