So we cut Social Security and at the same time print more money that isn’t worth anything adding that inflated dollar to he 20% cut, and what happens to the poor old lady who gets $500 dollars a month to live off?
I hate to say it because it effects me and my future income, but the first move would be to cut off double dippers. Those who have an income above $50,000 dollars without Social Security should not be allowed to double dip.
Would that hurt?? Damned right it would, but not as bad as those who have no income at all except Social Security.
A lot of lifestyles would have to change including my own, but no matter what is done that is going to happen.
Prepare for the worst. Hope for the best. Before Social Security, Americans were born, Americans lived and Americans died. Good families took care of their own, bad families didn't. The reason I said cut 20% across the board is so everyone has something to cry about. If I were king, there would be no more printing money. As a matter of fact, I would start taking money out of circulation starting with the TARP funds that have been paid back.