I was reading this, and it got me thinking:
It's actually the republicans that want to slash Medicare along with Social Security, Medicaid, and repeal the ACA. McConnell just stated this again a few days ago.
https://www.cnbc.com/2018/10/17/mcconnell-says-senate-republicans-might-revisit-obamacare-repeal.htmlI normally hear that younger generations feel "entitled" but I certainly find it extremely ironic that
@swampwiz would call an old generation entitled, considering he does everything he can to get ACA(or Medicaid) paid for by taxpayers, get SNAP benefits whenever he can, and wants Universal Basic income paid for by taxpayers to help fund his retirement while sheltering everything so that he doesn't have to pay taxes (repeatedly referring to Roth).
Here are some swampwiz quotes from a previous thread:
https://forum.mrmoneymustache.com/welcome-to-the-forum/decreasing-income-to-increase-benefits/msg2109902/#msg2109902"YES! I am a proud Welfare Rother, such that I derive all my spending cash from Roth conversion-basis distributions, which do not add to the income that is used for means-testing."
"Now, if someone were to offer me a job like that, allowing me to work at home, I would take the job, and lose whatever welfare bennies I am currently getting."
https://forum.mrmoneymustache.com/welcome-to-the-forum/decreasing-income-to-increase-benefits/msg2110421/#msg2110421"In my state, there are no workfare requirements for AARP-aged folks. When I was on SNAP, I got $200/mo, and even now - if I had no AGI - I would get like $180/mo."
"It's up for the economy to give me a job that motivates me enough to work."
https://forum.mrmoneymustache.com/welcome-to-the-forum/decreasing-income-to-increase-benefits/msg2111011/#msg2111011"I have 6 figures in my IRA, including a lot in Roth, from which I would tax conversion-basis distributions. I have been on SNAP a few times, although since I had some securities sitting outside the IRA"
"For a few years I was getting $200/mo, but then the rules changed and that Roth ladder conversions knocked it down to about $30/mo, and now taking advantage of the full 0% tax bracket puts me above the level to get anything. However, once I exhaust that, I will go back to having $0 income, and will get back to getting the maximum SNAP benefit"
"When I was getting SNAP a few years ago (i.e., because I happened to not have any non-IRA liquid assets), I would buy USDA Choice New York Strip @ $11/#. I also drank about $150/mo in beer (paid for by my own funds, obviously)."
Universal Basic Income:
https://forum.mrmoneymustache.com/welcome-to-the-forum/decreasing-income-to-increase-benefits/msg2123416/#msg2123416"This is yet another reason why Guaranteed Income is a great idea, as it is given to everyone - and paid by everyone via taxes - so there is no argument about 'morality'."
Sometimes a person needs to take a look at himself before being so critical of others.