Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: rabscuttle385

Upping the retirement age is certainly a start. That is necessary and would go a long way towards making the federal Ponzi scheme solvent.

Means-testing benefits would also increase solvency. After all, paying out less in benefits is better for the bottom line. However, it then becomes even more Marxist than it already is - it will explicitly be taking from those who are productive and handing it to those who aren’t. It’s already essentially welfare, though, so I’m not sure it’s much of a change.


26 posted on 01/02/2011 10:44:20 AM PST by flintsilver7 (Honest reporting hasn't caught on in the United States.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: flintsilver7
If you were born 1943 thru 1954 your SS full retirement age is 66. It goes up gradually from there. If you were born after 1960 your SS full retirement age is 67.

Bear in mind, the higher you jack it up, the longer people will stay employed, meaning the fewer jobs available for younger workers.

Just sayin'.

331 posted on 01/02/2011 3:56:58 PM PST by hinckley buzzard
[ Post Reply | Private Reply | To 26 | View Replies ]

To: flintsilver7

It is welfare for many, a kind of forced savings for others, and just plain tax for still others. It should have been fixed 25 years ago, and all they did was to kick the can down the road.


433 posted on 01/02/2011 11:42:38 PM PST by RobbyS (Pray with the suffering souls.)
[ Post Reply | Private Reply | To 26 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson