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This Congress dipping into SS has been going on for a long time. It was a savings plan for people, then Government saw it as a ATM and used and used it for entitlement minded people..
S.S. should have a surplus.
Stealing to pay for war profiteers and bailouts.
You know - those undeclared, unfunded conflicts that BOTH parties vote for.
I suggest some of you read the various proposed SS reform plans. None of them propose an end to SS. And none end SS for those below a certain age.
There will likely be a graduated increase to age 70, and a change in the benefit formula that includes a portion of FICA going into private accounts.
The politically vocal portion of Gen X and Y, greatly overestimate their generations concern over SS and Medicare. Most have no idea about the past, and no concern for the future.
Case in point. Illinois recently reformed the teacher's retirement plan. Raising the eligibility age by 10 years, for those hired in 2011 and later. If one subscribes to the outraged Gen Y philosophy, every teacher education program, at every university around the state, would have seen massive demonstrations during the spring of 2011. None occurred to my knowledge. Simply because the majority of future teachers are not involved in current affairs, and likely unaware that a new law was in place. The same applies on a national scale with SS/Medicare. The majority of the younger generation just doesn't care.
I suggest some of you read the various proposed SS reform plans. None of them propose an end to SS. And none end SS for those below a certain age.
There will likely be a graduated increase to age 70, and a change in the benefit formula that includes a portion of FICA going into private accounts.
The politically vocal portion of Gen X and Y, greatly overestimate their generations concern over SS and Medicare. Most have no idea about the past, and no concern for the future.
Case in point. Illinois recently reformed the teacher's retirement plan. Raising the eligibility age by 10 years, for those hired in 2011 and later. If one subscribes to the outraged Gen Y philosophy, every teacher education program, at every university around the state, would have seen massive demonstrations during the spring of 2011. None occurred to my knowledge. Simply because the majority of future teachers are not involved in current affairs, and likely unaware that a new law was in place. The same applies on a national scale with SS/Medicare. The majority of the younger generation just doesn't care.
And sadly, the majority of the younger generation also just dont contribute to their work sponsored retirement plans. That could be a big disaster in about 40 years if they don't change their ways.
It really doesn't make sense to extend the age to 70. At age 62 the benefits would decrease wouldn't they?
It is almost impossible to get a job in the 55-60 age group now. Pretty much forget it.
I've always argued that people need to find ways to earn income on their own, and not wait to "get a job" by having someone hire them.
Many people have marketable skills that they can sell on their own without an employer hiring them. I think the country and economy would be in better shape if we had a more entrepreneurial spirit instead of a wait and see who wants to hire me attitude. It won't work for everyone, but it could work for lots...enough to make a difference.
I've always argued that people need to find ways to earn income on their own, and not wait to "get a job" by having someone hire them.
Well, that worked a lot better when we all were primarily an agricultural society.
Lift the prohibition on industrial hemp and we'd be surprised at all the independent
opportunities that would abound....
Well, that worked a lot better when we all were primarily an agricultural society.
Lift the prohibition on industrial hemp and we'd be surprised at all the independent
opportunities that would abound....
Sure, that is one avenue, but there are a million and one other things....
-Write a blog
-Open an online store or business
-Become a consultant at something you are good at
-Provide some sort of service, ie. babysitting, event photography, personal assistant, window washer, house sitter, house cleaner, tutor, personal shopper, dog walker...all of these can be turned into lucrative businesses or just be used as a means to supplement retirement income.
Well, that worked a lot better when we all were primarily an agricultural society.
Lift the prohibition on industrial hemp and we'd be surprised at all the independent
opportunities that would abound....
Oh crap. The Ron Paul plan Well, that's as bad as the Paul Ryan plan. Hey, that's it..The name ''Paul'' is the problem.
Pretty tough making much from an online shop. LOTS of competition. Tried it, still in it, money isn't great.
Consulting? Done that too. Pay is OK. Stability low. LOTS of competition here also.
Start some sort of service? Those DO have tremendous competition.
See, one problem is that everyone has read the same things you have and all are trying out these same old tired ideas all at the same time. The other problem is that most people just don't have the money these days to pay for the services. Read Nickel and Dimed. You'll see what I mean. The house cleaning racket is discussed quite extensively (if I remember correctly).
"We're going to have to recognize that Social Security and Medicare are unsustainable, not for the current group of retirees, but for coming generations," Romney told the 2012 Conservative Political Action Conference. "And we can't afford to avoid these entitlement challenges any longer."
That is a fact. Why is that so hard for liberal idiots to understand?
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Oh crap. The Ron Paul plan 
Well, that's as bad as the Paul Ryan plan. Hey, that's it..The name ''Paul'' is the problem. 
