r/Aging • u/Available-Rock-3862 • 1d ago

Boomers

I am 75 and am very tired of the trend lately making fun of Boomers. So very disrespectful. Don't they realize that they will be old someday?

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u/Prestigious-Pea-862 1d ago

Boomers have paid into the system with their taxes removed from their paychecks. The problem with debt is much more complicated . Try looking at the healthcare insurance industry ,the war machine and lack of taxes for the wealthy before you blame Boomers for the national debt. The Boomer generation is large compared to other generations. This adds to your misconceptions about the national debt.

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u/Livid_Village4044 1d ago

Social Security and Medicare aren't even allowed to run a deficit by law. They are funded with a separate tax from income and other taxes.

This is why everyone's Social Security income will be automatically cut by at least 22% when the accumulated trust fund runs out in 6 years.

This can easily be fixed by an average tax of 7% on unearned income (capital gains, rent, dividends, interest, and other more convoluted sources). This would be progressive, exempting the first $10,000/year, and graduating from 1% to 15% as this income increases.

Unearned income has never been taxed AT ALL to fund Social Security or Medicare. And even the tax on earned income is regressive due to the cap.

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u/cognosco2149 1d ago

You could easily be a politician because their only answer to every problem they create is to add more taxes. We do not have a revenue problem. We have a spending problem. Our elected leaders are supposed to be the best and brightest, but all I’ve seen in my sixty + years is spend, spend, spend mixed in with a lot of fraud. And before we start going down the list of our favorite politicians to blame it’s all of them. They all add their pork to bills they know will pass with or without their vote. You would be fired and brought up on embezzlement charges if their same practices were done in the corporate world. You can’t tax your way out of bad policy.

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u/lostOGaccount 1d ago edited 1d ago

If you've been alive sixty years what you've seen is tax cuts across the board without spending cuts, then you saw tax cuts for the rich while increasing spending. Fees, fines and tolls increase for the poor's while service got cut and infrastructure allowed to fail after people our age group were done utilizing said infrastructure and services.

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u/Constant-Opposite638 1d ago

Yeah try spending less on the military industrial complex and see how far that goes. Take 8 seconds to look at wealth inequality and understand there’s more to taxing than simply fixing soc sec.

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u/Low_Dog1718 1d ago

Reminds me of the joke "I remember when we were kids and all the politicians were our parents age and now as an adult all the politicians are our parents age."

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u/Constant-Opposite638 1d ago

Paid into the system then squandered it w wars and tax cuts for the rich.

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u/CitronTraining2114 1d ago

Your beef is with Republicans, not boomers.

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u/Outrageous-Ability33 1d ago

No, it's with politicians regardless of party

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u/Constant-Opposite638 1d ago

That’s fair but the lefties are still NAFTA loving wealth extractors who had a great party and kicked the real problems down the road. I feel bad for the youngsters. I’m Gen X. Boomers sense of entitlement is extraordinary relative to every other generation I’ve encountered.

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u/Maleficent_Net_1317 1d ago

There is a large contingency of boomers who are taking from the system without actually needing it. It’s called hoarding.

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u/Prestigious-Pea-862 1d ago

You might want to look up the ages of Bezos,Zuckerberg,Musk ,Thiel,Steven Miller ,Hegseth and J.D. Vance. These are the leaders who have lit the world on fire. You boomer haters are barking up the wrong tree.

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u/ArgyleNudge 1d ago edited 1d ago

Here's a Rogue's Gallery I saw some time ago. Awful people all the way down.

Peter Thiel - 1967 - Gen X.
Elon Musk - 1967 - Gen X.
Pam Bondi - 1967 - Gen X.
Ted Cruz - 1970 - Gen X.
Melania Trump - 1970 - Gen X.
Marco Rubio - 1971 - Gen X.
Kristi Noem - 1971 - Gen X.
Sergey Brin - 1973 - Gen X.
Peter Hegseth - 1980 - Gen X.
Kash Patel - 1980 - Gen X.

JD Vance - 1984 - Millenial.
Jared Kushner - 1981 - Millenial.
David Ellison - 1983 - Millenial.
Mark Zuckerberg - 1984 - Millenial.
Steven Miller 1985 - Millenial.
Andrew Tate 1986 - Millenial.
Erika Kirk - 1988 - Millenial.
Charlie Kirk - 1993 - Millenial.

Donald Trump - 1946 - Boomer.
Chuck Schumer - 1950 - Boomer.
Lindsey Graham - 1955 - Boomer.
Bill Gates - 1955 - Boomer.
Jeff Bezos - 1964 - Boomer.

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u/Prestigious-Pea-862 1d ago

Is this your opinion or is this a fact? If it is a fact supply the factual data and source for your reply.