Of course, this sort of thing has been going on for several generations already. Social Security was a pyramid scheme from the get-go, and it's now wheezing its last breaths. As soon as most of the Baby Boom generation dies off such that the remainder doesn't have the votes to sustain SS from the general fund, it's history. However, it will probably take at least another generation's worth of continuing to pay high FICA taxes to clean up the mess.

But the Millennials are the ones getting soaked by Obamacare. In addition to being required to subsidize their parents, it's also hitting them directly by making the cost of the medical care that they do receive go up due to the massive bureauracy that has to be subsidized, plus the limited choices and lack of transparency which will preclude shopping for a better deal. And for the Millennials who do require emergency services, it's not clear that they will have access to them. After all, a major feature of Obamacare is gatekeepers. As Raddy likes to say, the clerk is not sick, so what's your problem?

Cousin Dave wrote:

'Social Security was a pyramid scheme from the get-go, and it's now wheezing its last breaths.'

Not quite true - at its inception, Social Security was not a 'pyramid scheme', the math did work and it was self-sustaining. At a retirement age of 65 and with average life expectancy

It was a combination of ever-increasing life-expectancy and (naturally) the inability of legislators to leave the system alone that has brought it to its current death-throes. But the rot did not start to set in until the 50s and 60s.

llater,

llamas

Llamas is quite correct about Social Security - when it started life expectancy was much less than today. It would pay for just a couple of years after retirement - not like today where many, many people collect it for decades!

Has everyone seen those awful "got insurance" ads?
Bro?
Could they be any more insulting to the people they're trying to reach out to? I can't figure out if ad execs in their 40s and 50s are so out of touch with people in their early 20s that they thought those ads would work, or if it's dorks sterotyping the way they think "cool" people think and act, or what the deal is... but those ads are awful, and whoever came up with them is really bad at their job(s).

Kudos to the Agitprop division of the White Palace!

Hope Obamacare covers STDs.

Here's the ad created by the Colorado Consumer Health Initiative and ProgressNow Colorado Education "to educate everyone about the benefits of the Affordable Care Act."

http://www.washingtontimes.com/multimedia/image/slutty-1jpg/

(Note: you may get an annoying popup when viewing this)

If I didn't know better, I'd have assumed that those ads were being put out by some opposition research firm to discredit Obamacare.

And they're almost perfectly dated, from the big head perspective shots to the tragically 'ironic' copy. They're like a perfect rendition of some regional ad spot that would have run in the early 00's, in Nebraska.

ahw,
I think it's ad execs in their 40s & 50s who are outta touch w/ people in their 20s that came up w/ this.

The give away is the "lets get physical" tag line. 20ish dorks wouldn't reference a mildly popular Olivia Newton John song from the early 80s in their ad copy.

Probably right, Kevin. I'm in my early 30's and I didn't think of that song when I read the tag line- although I do recall the video from one of those VH1 countdown shows featuring something like, "cheesiest videos of the 80's."

Hey, those young people voted for him in droves the first time, and in plentiful numbers the second time, and many voted for representatives and senators who voted for robbing them, so, well, not too much sympathy here.

Welcome to HK Prep: aka The School of Hard Knocks.

Also: thanks for subsidizing my future health care, assuming we have any actual health care down the road.

A few weeks ago Jay Carney described the pre-ObamaCare health insurance market as having been a "wild west" where insurers just did whatever they wanted to. Thank Marx the People's Leader cleared that up!

Not quite true - at its inception, Social Security was not a 'pyramid scheme', the math did work and it was self-sustaining. At a retirement age of 65 and with average life expectancy -- llamas at November 15, 2013 6:52 AM

Actually at its inception it was supposed to be temporary program to get people over the losses of the depression. It was not intended to be a long term retirement plan. And effectively it is not constitutional. This was, and is, one of the abuses created by the Wickard decision. Most of the social programs are overreach by the federal government.

We are now getting to the logical peak with the [un]ACA that is an abject failure.