That's true. I think if they want those programs and don't want any cuts nor to be means tested and they do not want vouchers for Medicare, then realistically we need to create a national sales tax or VAT in order to fund SS and Medicare. The payroll tax is way too small so now the government has over $121 trillion in unfunded promises in Social Security and Medicare.<quoted text>
I agree with you to a great extent on much of your sentiments- but people were made to pay into these things throughout working years or they would not be able to get them at all. They could get SSI or Medicaid in some cases but not those other two things.
So if you divide the $120 trillion promised to the baby boomers in SS and Medicare by say an average of 30 years they will live on SS and Medicare, we need about $4 trillion a year to pay out SS and Medicare. So if people don't want cuts, then we need a big tax every person would pay whether they are young, old, retired, whatever in order to come up with that kind of money. The payroll tax is not going to fund it anymore because people are living so much longer and advanced medical care is very expensive now and the SS payments have gone from $200 a month when it started up to as much as $2,700 a month for double dippers. So they need a new tax to pay for it.
And the thing is that in reality the tea party is pro socialism and in need of a European style tax to fund the things they want from the government. They thought that somehow the government could come up with $4-5 trillion per year to pay them SS and Medicare. The only way we could do that is with a new big tax. Otherwise the government is going to have to start phasing out those programs and only give them to dirt poor people.