Means testing for Social Security benefits

[alphamale]

No.

America wasn't founded on "fairness". Neither should policy.

Try telling that to obama.

[TuborgP]

This is a problem that isn't going to end well for a lot of people and that is probably the one thing that can be agreed upon.

[CaptainNJ]

Originally Posted by villageidiot1

They bought new cars, got married and bought houses. Some continued to work for 10, 15 or even 20 years before the mill or mine shut down and they could not find a similar job. Most of them continued working doing whatever they could find to make a buck but were making considerably less then they had previously earned. They still had house payments and kids to feed. How much do you think these guys have saved for retirement?

Once people stop looking at Social Security as a 410K and look at it as subsistence for retired people, it starts to make sense.

if you dont have a defined benefit pension, you are even more obligated to save for your retirement regardless of your expenses. houses, kids, blah blah blah, save a % of your income!

then it should just be rolled into welfare for retired people that didnt or couldnt save.

[TuborgP]

Originally Posted by CaptainNJ

if you dont have a defined benefit pension, you are even more obligated to save for your retirement regardless of your expenses. houses, kids, blah blah blah, save a % of your income!

then it should just be rolled into welfare for retired people that didnt or couldnt save.

When SS gets looked at as a welfare program for folks who didn't or couldn't save is when many more will consider it a wealth transfer program that takes from them to give to others. Hmmm I have a hunch thats when Paul Ryan gets elected President and SS gets privatized. This is not going to end well for a lot of folks if they push the envelope to much.