General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGOP: If you are 40-54.....screw you.
I am sick to death of hearing all of them glibly toss out the "If you are 55 , nothing changes for you".
I am (thankfully) well into the "safe zone" (63+), but there are a gazillion people who are wearing bulls-eyes. These are the 40-54-ers.
These people probably delayed childbearing, so many of them have small-ish kids underfoot and many have teens who might like to drive or go to college..some have both.
These people probably never had an option to have a pension, and what "old-age security" they may have had, might also have been gutted when the 401-k turned into a 101-k a few years back.
These people also have aging parents, who may be with them for a couple of decades (or more), since their parent's generation had children at younger ages. Grandma may only be 18 years older than Mom & Dad.
These people are well-into careers that have been ravaged with cutbacks, downsizes, outsources, and many employers see them as a liability, not an asset, and as soon as a Bain-ish crew comes along, they will gladly take the money and run.
These are also the people who saw their home equity (if they even were able to try to buy a house) wither up and blow away, so many of them are faced with the real possibility of either trying to pay off a house they can no longer "afford", and can also never sell without bringing cash they do not have to the closing, if they do manage to find a buyer. Paying someone to take your house is never a pleasant task.
40 & 50 year olds usually have debt too, since pay increases are about as obsolete as the rotary dial phone.
Most of this group of people has an income that barely covers expenses (if they are lucky), so there is a slim chance that they are saving much, if any money for their old age.
If we think poverty is an issue NOW, just imagine what it will be like when these "stripped bare" people get older, and have NO options.
No one ever got "rich" living on Social Security/Medicare, but the safety net it provided, has kept millions of people from being destitute and sick.
As a country, we have to decide what is important. Is it the goal of our country to just enrich the already-rich, or is it to be fair to ALL people?
seabeyond
(110,159 posts)retirement funds and 401ks to college prices for kids to SS.....
Redlo Nosrep
(111 posts)...they'll face age discrimination and possibly years of futile job-hunting while taking menial or part-time minimum wage positions just to feed their kids and keep up with the bills and their debt load.
At 65, I also feel I dodged a bullet and am so grateful to have that safety net the GOP would destroy.
upaloopa
(11,417 posts)you are in a safe zone? I don't understand that with all the lies they tell, even Dems believe seniors will be ok.
SoCalDem
(103,856 posts)Nothing is ever really safe anymore
But I am safer than the ones who seem to be headed for "under the bus" because they missed the cut
upaloopa
(11,417 posts)No one safe!
Johonny
(20,862 posts)how'd that work out the last 2 years. I know 40-54 year olds in LOVE with Romney-Ryan. They think only blacks and the lazy will lose out. Not them they are hard working white people. I feel bad for them because they are so delusional as to who needs and uses these benefits... I mean some of them are on workers comp right now! How many lessons on GOP promises don't mean crap do they need.