Thread: social security
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Old 03-07-2011, 03:24 PM
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dellinger63 dellinger63 is offline
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Quote:
Originally Posted by somerfrost View Post
Instead of quoting statistics how about forgetting the political sound bites for a second and looking at the effects on real folks, if you depend on SS for your entire income, not having a cost of living raise for two years coupled with rising Medicare costs has already effected you, making it hard to just exist. The last thing you need is further cuts/cost increases. On the other hand, if you have hundreds of thousands (or millions) of dollars in yearly income, you can survive and prosper without social security. If you are rich, I get your opposition...it's called greed and I understand that but if not, why continue to drink the political kool-ade. Folks are so afraid that someone will "get something for nothing" that they are blinded to real need.
How about addressing the real problem. That the unfunded commitment we have for future SS and Medicare obligations is in the $90 trillion dollar range. And why in the world did Obama cut the SS tax this year if the program is in trouble? Is it that spending our way out of bankruptcy theory again?
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