Shortening this so that responses don’t get unreadably long…
We 100% agree, thus why the statement that the Boomers are "profiting" off the Millennials argument makes no sense.
It doesn’t make sense from the standpoint of someone who put X into the system and expects to get X back out, having not taken the tax increases and retirement delays necessary to make that system sustainable. They see it as “I took out what I put in”.
Try to see it from the standpoint of someone who puts in X and gets back X/2, while also taking tax increases and retirement delays. Or the standpoint of someone who puts in X and gets 0. Those people see it as “I took a half share so another guy could take a full share”
Obviously that is going to lead to resentment of people who sat on the issue for 40+ years and danced off into the sunset, leaving others with the bill.
Not really. We have a two party system in which NEITHER party wants to address the issue. It's not like voters have many options. Also, I would venture a guess that the vast majority of Americans don't have any clue about the national debt or the problems SS face and aren't voting accordingly. Did 1 candidate in the past 20 years even talk about it?
You have either:
a) People that will always vote Re. or always vote Dem.
b) People that will vote for whatever candidate agrees with their stance on 1 particular issue (Abortion, Guns, Border, etc..).
America as a whole doesn't want Washington to do bad things, many are myopic in their views in who they vote for and there are only 2 choices, neither of who want to solve the issue. Politics have changed since the 70s and 80s. The primary focus of senators and reps. are to STAY IN OFFICE.
Who is "they". You are blaming a bunch of 60-75 year olds for not taking responsibility when they have very little power in a two party system in which neither party wants to solve the problem. The real issue is that politicians want to stay in office so don't make tough decisions.
We agree, thus my comment about the misplaced resentment.
In a two party systems when both parties refuse to address the issue, you are putting way too much burden on a given demographic. I assume you are in your late 30s or 40s. In the 20ish years you voted, which candidates have you voted for that would have solved the issue?
You specifically stated: "Again it’s very hard to ask a Millennial not to feel resentment toward the Boomers over this, as one group is very clearly profiting at the expense of the other."
So I took that to mean you don't think it's fair for Millenials to contribute to Social Security. If that's not what you meant, then that's fine.
Agree. but having resentment for the average 65-75 year olds, who want the same thing is hypocritical.
I don’t want to make this a R vs D thing, because the reality is both parties see this as a third rail and don’t want to talk about it.
But, just stating facts: Bernie Sanders
authored a bill in 2019 which would have done the necessary and raised taxes to fix the system. Then-Senator Kamala Harris co-sponsored that legislation.
Unless I missed something (which is possible), Donald Trump’s only contribution to the discussion during his campaign was to promise NOT to cut benefits or raise the retirement age, which basically means the problem will only get worse until he’s out of office.
So yes, we have had opportunities to fix this. We vote for the guy who says he won’t do it. That’s not the politician’s fault, that’s America’s fault.
To be clear, I don't have an issue with it and wasn't stating that I did, but it's hypocrisy to say we want to take tax money from Baby Boomers who pay most of the federal taxes to help out millennials with student loans, and then at the same time, say millennials resent baby boomers for taking social security when it may not be solvent when they get to that age.
Again, the great majority of loan forgiveness does not involve taking anyone’s tax money. It simply means
not continuing to take money from the public servants, scam victims, and disabled people who qualify for forgiveness.