Looking at newspaper articles, statements by national politicians, an Idiotorial in the Star Ledger, pontification by prominent brilliant thinkers,etc. it is clear that the budget deficit is primarily due to "Greedy Senior Citizens Getting Too Much Benefit From Social Security and Medicare."
Wow, how is it we all missed that fact all these years? It must be true because politicians, newspaper Idiotors, and other deep thinkers say it is true! But wait a second, let's look at some things that don't match up. Social Security Cost of Living increase for 2013 is 1.7%. I could have sworn my food, medical insurance, medical co-pays, heating and auto fuel, utilities, auto insurance, etc. went up more than 1.7% in the past year.
Health care costs for seniors is costing too much money. This from national politicians who get free medical care in office and in many cases in retirement.
Contributions To Social Security By Senior Citizens Does Not Cover The Benefits Being Paid. I started paying Social Security taxes in 1958, and in later years hit the maximum mandated contribution. (Paying with real dollars as opposed to the "inflation dollars" being printed daily by the U.S. Treasury.) Then I started paying Medicare taxes as well. I also paid Income Taxes on those deductions from my take home pay, and pay Income Tax on my Social Security benefits.
Senior Citizens are taking advantage of Medicare instead of planning ahead and saving money to pay for private medical insurance after they retire. Congress and the Federal Government enabled legislation that allowed corporations to discontinue pensions and medical insurance for retirees, even though those benefits were in place when they retired.
Social Security and Medicare deficits cannot be funded from the Federal Budget when we are running a deficit at the national level. This from National Politicians who get an annual salary increase unless they vote to skip it each year, take "Fact Finding Junkets" with their entourage and family, continue to mandate funding for Pork Barrel projects in their constituancies, and continue Weapons Programs that the military does not want. Uncle Sap reaches into the taxpayers pockets to fund programs in countries that despise us and every disaster that occurs around the globe.
Let's tell the truth! We don't have an unsustainable budget because of Senior Citizens or Low Income Citizens. The National Budget and the Economy is in trouble because we have an unsustainable Federal Government that inflates the cost of everything we use and need, while devaluing our national currency. If Social Security and Medicare were eliminated or reduced by 50%, the government would still find a way to run a deficit.
National Governments have always tried to find scapegoats to blame for their failures. This decade it will be Senior Citizens. Who will it be in ten years? Maybe it will be you!