The congress is about to approve $250 for 50,000,000 ($1.25 Billion) for seniors because inflation is flat and does not justify any increase in benefits this year. Why the increase then? The honest answer is politics and politicians fishing for votes. Any congressional representative voting against this will have a very angry constituency. The reason benefits were tied to cost of living figures is to keep up with inflation. Makes sense. So when prices are flat and come down some things get cheaper. That is where we are at now, prices are dropping and the cost to live is cheaper. This is the problem with every program that has a politician at the helm; they never control or reduce costs, they always increase them no matter what the circumstances are. They are in the business of buying votes.
In the market buying a house is cheaper, gas prices are down, sales are everywhere in the retail sector, but with out of control federal and state spending the value of the dollar, increases in Medicare and Medicaid, along with the addition of government taking over everyone’s healthcare, taxes are going to have to go up. How do you think seniors are going to feel when social security remains flat and taxes go up?
There are people that will need the $250 but many seniors use social security as a supplement to their retirement. People that are in the workforce have seen wage freezes, reductions in pay, mandatory unpaid furloughs, and layoffs. Why would the people currently under wage freezes be forced to pay for social security increases? Things are flat for them too.
The fundamental problem with all government social programs is the divisive nature that pit one generation or group against each other. Being dependent on government for retirement is a really risky place to be. The next generation needs to find better ways that rely on their own wealth creation.
Healthcare will be the same problem. The risk seniors need to consider is a $250 increase in social security is one thing, life and death situations another. Government will want to provide the care that seniors demand but eventually the money will run out and the younger generations are going to resent having to pay because their families will not have the same standard of living we have grown up with.
We can’t allow for the takeover of healthcare because it is so clear to see that it will be another divisive program pitting generations against each other. We don’t need programs; we need real solutions without government completely taking over…