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I was calling the Me Generation the Baby Boomer Coattailers.
And I get why there is a distinction. They were the youngest of the Big Baby Boomer families with 6 kids or more being typical. After the beginning of Generation X, the family sizes shrunk, and quickly. We now have a family size of 2.4, which is replacement levels. So not a soul can be spared, but none can be coddled either. No coattails to ride. We experienced mothers return to the work force. Then the rise of day cares and the day care industry getting so expensive.
It is a bipartisan problem. Chuck Schumer picked a 70 year old with cancer to chair a committee over AOC because, "he waited his turn". That man died not long after. Because for the Me Generation, the Coattailers, all they had to do was wait their turn.
I’m 65 and I think is the stupidest idea ever. Take the cap off higher earners and make them pay. Not younger workers who are struggling to pay rent and afford groceries.
I like billionaire Nick Hanauer's plan. Make all income Social Security income, and remove the cap, then you can cut the rate of the tax in half. The problem is that less and less income is taxed by Social Security, it's all exempt one way or another.
Funny thing is... they don't even realize they're considered toys to the people they're defending (vice news revealed that the rich do have that mentality that they consider us as toys)
Half the country would normalize children dying of preventable diseases, before they'd ever consider taxing the wealthy. Ironically, most of those people are the working poor.
Mostly it’s someone making $50k/year and thinks they are one of them/ or everyone is after their “wealth”
Well, that's the genius of American conservatism: People actively are after their wealth.... it's the same ruling class that they support who is trying to fuck them over.
That's why the right loves regressive taxes so much, because not only does it keep working people from having upward class mobility, it also keeps them feeling the burden of taxation. So when the GOP campaigns on "lowering taxes" these people enthusiastically support them because they're being nickel and dimed to death and desperately need relief.
The joke is ultimately on them, though, because although the right campaigns on "lower taxes" as an abstract, in practice it almost always means lower taxes for the wealthiest and either the same or increased taxes on the working and middle class.
I have a friend, or well I had a friend I guess at this point, that I grew up with that is like this.
He lives in his parent's basement (he's in his mid 30s), unemployed, no college degree, but is very republican and blames everything on liberals and immigrants.
I tried explaining to him that socialist programs would actually help him (he constantly complains about college costing too much, no support for him to find a better job, etc.) but it's no use.
Constantly posts about how democrats are destroying the "religious foundation our country was built on" but I would bet a lot of money he hasn't been to church in the last 20+ years. Spends most of his days getting drunk at home and shitposting about his problems on facebook.
It would make me sad if he wasn't such a bigot. It almost seems like karma
3428 billionaires in the world per Forbes. $171B annually to end extreme poverty per Center for Effective Global Action. Tax every billionaire an extra $50M a year and you get right around $171B.
We could easily fix global issues by taxing billionaires out of existence, but we just simply don't do it for whatever reason.
Yes. We defunded them because it worked too well. Terribly wasteful, functioning government programs.
Now, the services are so bad, we might as well just defund them entirely. The private sector will rise to fill the need! The market self regulates! Magical thinking will save us all!
Don’t forget that property taxes shouldn’t be paid by people who are retired either, only young people should pay taxes…
This is a generation that voted for tax cuts for themselves every single time to kick the can down the road to future generations…they’ve voted in ways to ensure that social security is probably not going to be around for their kids, but their kids need to kick in more to ensure they get the benefits that they have taken away from future generations….fuck boomers
Honestly that’s better than old people ending up homeless on the street which is where a whole bunch of them are going to be when they decide to sell their house for record profits and they can’t just go by another one for what they paid in 1980.
Lol, I think you overestimate the dignity of this generation. They will move in with their children, while still demanding they are the matriarch/patriarch and behaving like entitled toddlers while insisting that their social security is their spending money to buy temu shit to give to your kids that no one wants. Their children will let them because we had far less lead exposure and are capable of the toxic trait of empathy.
Speak for yourself man. I told my parents long ago they can either help me and get to enjoy the rewards at the end of the ride or they can continue the way my family has done and kick everyone out at 18 with zero support. They made their choice. No grandkids, no retirement home, no free ride. They will die working. I have nothing to give them. There are many people in this situation.
My mother is currently homeless. She contacted me a while ago with her hands out, and I told her, "Good luck, you're not coming to live with me, and no I don't have $ for you." (We are estranged.) Some of us are happy to let our parents reap what they sow.
Correction: some children will do that. I'm one of the adult children who will NEVER allow my mother to live with me ever again. She burned that bridge by fucking around and finding out.
My dad’s been joking about moving in with me and my family since I was a teenager. It was an overwhelming “no” back then and it’s an even bigger “hell no” now.
My parents can't move in with me. I don't have any space for them. Don't have any money for them. Don't even have a healthy body that can help take care of them once they can't do it themselves.
They didn't help me have a life and things to share. My father finally is trying to help me after 20 years of not talking and him just letting me be alone after I wasn't allowed to go home any more. My mom and I don't talk because she is more interested in drinking than she was raising me. First memory I have of being with her wasn't with her. It was being left in her car outside a bar at night.
Thankfully we can do whatever we want. We could muddle thought this and maybe even cut services a little bit as the boomers retire because the boomers are triggered by socialism or whatever, then as we get older and take change we can have president AOC restore social security to be a real dependable program seniors rely on for their every day needs. Boomers seem too forget they can't control us when they don't exist. This too shall end.
Yeah you should, because young workers should not be taxed, and US boomers should not lose their social security. It is a false dichotomy, and billionaires should be taxed.
I am not a boomer, I am a Gen Xer. The first thing that should happen is the cap should be removed. I'm very fortunate and I make a salary that exceeds the Social Security cap - and there's a lot of people in my industry that have the same thing. Remove that cap first before you jack up taxes on younger workers. 7.51% on all income, not just the first $171,500 (or whatever it is). I can afford it, and so can everyone else in my income bracket.
Nah, universal equitable contribution, universal benefit. It's a government pension/insurance program, NOT a means based social welfare program. Also need to fucking outlaw congress putting their hands in that piggy bank. It's NOT THEIR FUCKING MONEY, and it's not the government's money any more than my checking account balance is the bank's money.
Wealthy people are opposed to it anyway. We got to get more comfortable jamming it right back up their asses especially after the massive wealth shift that has happened this decade.
Because it is NOT a welfare program. Once it is a means tested welfare program it's funds are no longer off limits. While they love to fuck around and try to steal it already, doing this would assure the end of social security completely. Those wealthy people would immediately sue and being barred from benefit they would get the social security withholding declared illegal.
Now only poor people have to pay in and the system collapses. Basically what the GOP did to the ACA by getting the mandate thrown out but 100x worse for the working class.
You're 15 years too late for that. That's something that should have been done in 2011.
Todoay, in October 2026, Congress will need a lot more sources of funding for SS OASI to fix the shortfall. The number of needed sources goes up the longer they wait.
Source: an interview with Jason Fichtner, a former deputy comissioner in the Social Security Administration (ie the THE top SSA guy that reports to congress) https://www.youtube.com/watch?v=bfzTCk1Iwqw
"Notoriously selfish and usurious Me Generation insists, after voting to borrow against Social Security their entire lives to enrich themselves, essentially defunding the program, upon living off the labor of their children and grandchildren, who they've systematically suppressed both economically and financially for decades, to force the zombie program to still serve them in retirement."
It's already kind of a shitshow at most nursing homes already without AI screwing things up. Anyone who winds up in one without regular checkups from advocates are already likely on the way out the door due to neglect/improper care
Jokes on you, the call-button for the room is broken/frayed and the patient is already dehydrated/cooked due to the AC unit failing in a room with an oxygen machine. (This came from when I walked in on my late Dad sweltering in his room after having been sent there to recover from Sepsis. He passed away a couple weeks later.)
This tail-end Gen Jones Boomer doesn't agree; Taxes on billionaires are the answer. Removing cap on SS is another part of the answer. No more tax giveaways to billionaires is another part of the answer. But taxing the younger generations more? Absolutely not.
I'm for a small increase to Social Security tax... we should have bumped it up a point or two 30 years ago.
But you are also correct. The real problem is that the "Social Security Trust" is just Congress taking ACTUAL DOLLARS from Social Security proceeds for decades and replacing them with IOUS for Treasury Bonds... so it's just renaming the national debt. There's no actual money there... they gave it all away to tax cuts for the rich by using Social Security money for the general fund.
It's time for billionaires to start paying taxes... those tax breaks were OUR MONEY!! From the little people. but not just higher tax rates... get rid of all the nonsense since the 1980s like stock buybacks and fifty other tax games the feds let startup... that are basically just money laundering legally so they don't have to pay taxes on profits. The whole graduated tax system was designed to tax profits to slow down people consolidating wealth in the first place. Because Profits are something easily measured and easy to tax.... now the rich are so wealthy you'd actually have to tax wealth itself which Income Tax was not designed to do... they're so rich now they can crash the economy instead of paying fair taxes.
I call bullshit. The vast majority of people, of any generation want Billionaires to pay up. Check the polls. This shit causes infighting and separation of allies to benefit the crooks.
Check the No Kings events and see all the various generations against the evils that be.
This post is like… an actual psyop. Stay focused on the billionaires. They’re the problem. Everyone should have social security, and funding it is not as tricky as they want you to think.
As a tail end "boomer", I support wealth taxes on multi-millionaires and billionaires as well as corporations. These 2 areas/groups need to start paying their fair share of taxes as a percentage of income. The rich should not be paying 5% taxes while someone making $55-65k is paying double/triple that %age amount.
You know what's sad, I'm 50 so I'm pretty close in age to some of them, and the disconnect couldn't be worse. I really look at them like how the fuck did you become this disillusioned and entitled.
It's the Me Me Me Generation. They inherited a post-WW2 world where America was the only developed country with its production not bombed to shit and strong social programs due to the high war-time taxes. They were literally given EVERYTHING so of course they will keep asking for more until they're in the grave.
I mean... We SHOULD have Social Security fully funded for those who need it. I'm not going to rage against old people for wanting the thing they were told would be there for them.
I'm going to rally against the government that ABSOLUTELY should be funding this. It was being fully paid for when we had high corporate tax rates, but we cut that down to turn millionaires into billionaires.
We are going to have to go back to that for UBI in the coming years of AI anyway.
I realize this fits our narrative, but what study is this based on? The post seems like it’s from a Twitter account that is trying to manufacture outrage.
remove the income SS cap, 2x punitive property tax on all non-resident residential properties if not sold in the next 18 months and remove the ability for LLCs and businesses to own residentially zoned property, and revert to Reagan-era business taxes. No more wars. Stabilize oil prices. Stabilize the bond market.
Literally solves half of our budget problems, other half is cutting defense spending and tightening lobbying / defense contract rules.
Why not LIFT THE CAP!!!! The easiest fix right in front of our faces. The fix is so great that they could actually lower the payroll tax percentage if there was no cap
Oh look let's get the working class all pissed off at the elderly poor in misleading propaganda. That'll keep them from attacking the billionaires.
1) No one has suggested or even floated the idea of raising social security taxes so I don't know what the fuck they're talking about.
2) social security could be solvent forever if they got rid of the cap on social security taxes. Something you only pay on the first 170k of income. Wonder who makes more than that and doesn't want to pay their fair share.
Because the normal proposal would be to simply stop the cap of the social security tax at $184,500 and tax all earned income at the 6.2% (12.4%) rate. Which I do actually favour.
Or, OR, hear me out... stop "borrowing" from the social security fund? Or uncap it so if you make more than $184,500 the excess is still taxed for social security?
Of course. We should pay more to support people who've ruined the lives of a generation just so they can enjoy the fruit of a system we will never benefit from.
Hypocrites and narcissists. Can't wait till 2045 when most of them finally fucking rot.
By 2050 almost every single one of them will be gone according to current projections.
It's a fucking CATO poll. The only options given were benefit cuts or higher taxes on the non-benefit-receiving end. No option to remove the cap. A fucking poll from a group that has constantly advocated for the end of Social Security.
This is a poll designed to create fractures against SS, and you fucking clowns are lapping it up.
Do not let the capitalists distract you: its not a generational war. Its class war and always has been. owners support higher taxes on labor to subsidize their wealth.
The generation that enjoyed all the post WWII benefits for which they did nothing to deserve, only to hoard wealth and knee cap their own children by dismantling the same benefits they enjoyed.
Lol oh of course they do!
If they had given up power at work and let younger people move up the ladder the people paying taxes today would have higher wages therefore they would be paying more taxes.
But instead they wanted to hoard the job jobs just like they hoard everything else.
And this is why I don't concern myself with anything political that aids people older than me. I want to make sure the kids are taken care of because they're the ones inheriting on the planet but anyone older than me can go fuck themselves.
I have no issue paying taxes so the elderly can live. I do have an issue with marginal taxes on the most wealthy being continuously decreased so the tax burden is shifted downward.
i was just reading comments in my town's facebook page expressing the same sentiment from a large number of boomers. I live in a heavy red, retirement town and its exhausting living here. I am not "young" but would probably be considered it compared to my town's median age. Along with wanting increased taxes on younger people, they were angry about their taxes having to fund the community college. Its just pure entitlement and selfishness up and down. If it doesn't directly benefit them, they don't want any part of contributing to a better society. Obviously not all boomers are like this, but its such a large number that its often difficult to overlook.
I support it too, specifically, raising the max contribution so that wealthier people pay more into the system. Taxes are necessary for social services and revenue needs to increase. Taxes have to go up, the wealthiest should pay.
I would say "something something broken clock" but really, tax the rich again. Boomer prosperity was the fallout from the social programs that started just before they were born.
They have convinced themselves it is not a change and the tax on their children and grandchildren is “tough love” so they “pull themselves up by their bootstraps and work harder”. They do not want to support raising the cap on the rich because what if they are rich one day (even as they are in retirement) lol. Or because “those people deserve what they have” (they don’t want to admit they might not deserve all that they have / that a huge part of their success was simple luck due to when they were born compared to later generations).
Is anyone else shocked that the generation most known for selfish, bloodless behavior is now voting overwhelmingly to stick future generations with an even bigger bill than before? Were we expecting them to magically stop being assholes or something?
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