“...Means testing at any “high” level will become bastardized and abused within no time until only the “poor” qualify....”
POOR = Obama voters.
16 months ago, Thaddeus McCotter introduced the SAVE SOCIAL SECURITY ACT (HR 2889) which not only “saved” SOCIAL SECURITY, but did so without raising the retirement age, without lowering benefits, without raising the withholding tax and without privatizing the system. Written with Peter J. Ferrara, it was scored by the SOCIAL SECURITY ACTUARY as creating the LARGEST REDUCTION IN GOVERNMENT SPENDING IN HISTORY! ($6.8 trillion over 30 years) Do you know where it went? NOWHERE! Why, you ask? Because it created INDIVIDUAL ACCOUNTS with your name on it (not private) that the Federal Government could no longer dip into. Please look into this excellent piece of legislation.
“That sounds like a good option. Gazillionaires like Barbra Streisand and Michael Moore dontt need it as much.”
wonder if there is a way to find out whether there are any movie stars that collect social security to supplement their paltry incomes?