[goldstategop]

A $75 trillion dollar unfunded IOU in Social Security and Medicare. That's how much we would have to set aside in cash to fully fund those benefits. But as Walter Williams points out the total value of this country's good and services in 2004 was only $12 trillion dollars! So here, we have a gap of $63 trillion between future commitments and what's on hand to pay for them. (I have what's coming to me and my kids be screwed.) None of the politicians want to fix the problem because the voters of this generation don't care about what happens 30 years from now. If you're dead, its someone else's problem. The way to solve the problem would be to raise the retirement age to 80, but by then most of us would be dead. The average male life expectancy is 73 for most females its 77. You can pretty much figure out none of our children will ever receive a dime in those Social Security and Medicare benefits, if nothing is changed. Whatever's being done in Washington right now, its certainly not being done for the children.

("Denny Crane: Gun Control? For Communists. She's a liberal. Can't hunt.")

[thulldud]

Whatever's being done in Washington right now, its certainly not being done for the children.

Children don't vote.

[netmilsmom]

>>The way to solve the problem would be to raise the retirement age to 80, but by then most of us would be dead. The average male life expectancy is 73 for most females its 77.<<

I agree and I am closer to that age than you.
My hubby who comes from a $$$$ family was lamenting that he could never retire because we have no "nest egg". I looked at him in awe.
I had never planned to retire. My dad died at 52, my mom at 61. If I make it to retirement age, I want to be happy, healthy and working!!!! Why not? Quit to live on a fixed income? Unlike his family, if we tried to live on the little $$ we have, we would be eating Mighty Dog. Not me, man.
I want to be an annoying greater at Walmart!
I'm willing to croak at work, too.