Social Security bomb ticking

Waterbury Republican-American ^ | October 1, 2007 | Editorial

[samm1148]

What they’re missing about 2018 is the aggregate amount of state and local spending added to the social security crunch. Believe me, you’re going to see a lot worse by the start of the next decade as states and municipalities bankrupt people through shakedown tax and fee schemes.

[Graybeard58]

Done.

[ken5050]

(Silly you..there is no big problem here. In a few years,Congress will mimic the GM solution, set up a VEBA,to be run by AARP..(I mean, can they do any worse than the UAW?) and fund it with a few trillion in government bonds..see..problem solved, (er, postponed) for a few decades more.

[super7man]

Actually, that is part of the plan. With Fed Health Care, they can just deny your care and you die.

Social Security saved.

[dearolddad]

Those that are planning on living on SS in the coming years are in for a big shock. Oh that is right, Hilary will save them when she turns this country into a Socialist’s dream.

I can hardly wait.

[Freedom4US]

They don’t even have to “make” retirement illegal, sometimes it takes care of itself. There are a LOT of people in their 70s and 80s who are working today and not by choice, since their gold-plated pension fund went belly up along with the company back in the 80s. I suppose that was a portent of things to come on a smaller scale.

The difference now is a HUGH demographic of “baby boomers” who will probably overwhelm the system just as they did for everything else.

[Terabitten]

The difference now is a HUGH demographic of “baby boomers” who will probably overwhelm the system just as they did for everything else.

Fortunately, the baby boomers won't live forever. In another twenty to thirty years, they'll be dying off in record numbers.

[corlorde]

Those counting on Social Security as their primary source of retirement income are advised to begin saving as much as they can.

Look for tax increases and benefit reductions. Politicians know that to let SS sink, means "out of power". Our current remedy? Deny everything and shift the blame. Oh yeah, how is Medicare Part D working out for everyone? Thanks Big Government Republicans, thanks a lot.

[Marathoner]

Actually, that is part of the plan. With Fed Health Care, they can just deny your care and you die. Social Security saved.

Seriously, I think you're onto something. Euthanasia (in fact, if not in name) will indeed take care of the Social Security shortfall. It's just the dirty little secret they'll never let you in on.