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Medicare rise could mean no Social Security COLA

Discussion in 'Economics and Financials' started by Topdawg13, Mar 28, 2011.

  1. Topdawg13

    Topdawg13 New Member

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  2. Eshlemon

    Eshlemon Well-Known Member

    Will be an interesting fight over baby boomer entitlements. For every 10% in combined benefits cut or COLA, 600,000 elderly move in with their kids or other shared living arrangements (Golden Girls re-run). Expect that to be the next big selling point regarding entitlements, you want your parents or even grandparents moving in or their loss of independence with the counter either we pay at least double in payroll taxes or just keep borrowing and passing the buck to down the line to the next generations.
     
  3. 2socks

    2socks Rebuilding Since 1973

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    Worse thing that ever could have happened to this country.................Medicaid and Medicare
     

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