A common misconception and totally wrong. If that were to actually happen, it would be because there is no government, nor a U.S.A anymore.
Well Im 26 and I dont expect to get anything. Let me clarify - after they get done raising the retirement age and slashing benefits and doing whatever else, my return will be pretty negligible compared to the 12.4% that I am effectively paying in with each paycheck. Its a sunk cost to my generation.
posted on 02/25/2004 8:18:56 AM PST
and slashing benefits
The benefits will continue to increase with the economy. The way that it is pegged, may change.
posted on 02/25/2004 8:21:14 AM PST
by Cold Heat
(In politics stupidity is not a handicap. --Napoleon Bonapart)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson