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To: Cincinatus' Wife

First, Perry qualified his answer during the debate by first stating that any changes would not affect current seniors or those, like him, who are soon to retire.

Just like liberals, the media, Romney and FReepers forget to mention that.

Second, SS is a ponzi scheme and must have changes in order to survive. Obama, during his “pass this teleprompter” speech said the same of Medicare.

Rubio won in Florida on a SS Reform platform.

This is much ado about nothing.


12 posted on 09/10/2011 6:11:32 AM PDT by Erik Latranyi
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To: Erik Latranyi
Rubio won in Florida on a SS Reform platform.

And Ron Johnson won a U.S. Senate seat in Wisconsin on a SS Reform platform.

So you have "God's waiting room" voters and "union stronghold" voters looking for leadership on the broken retirement program, social security.

President Perry is next.

18 posted on 09/10/2011 6:24:41 AM PDT by Cincinatus' Wife
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To: Erik Latranyi

SS is a ponzi scheme and must have changes in order to survive.


Exactly. It is a Ponzi scheme because as currently set up, it can not guarantee the same benefits to those who are paying in to fund current retirees.

The way to make it not a Ponzi scheme is to float the retirement age annually to maintain annual solvency. Then, even current and young future worker will be guaranteed to receive a benefit, subject to an uncertain retirement date that rises with the life expectancy.


39 posted on 09/10/2011 7:17:10 AM PDT by Atlas Sneezed (Are you better off now than you were four trillion dollars ago?)
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