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View Poll Results: Does means testing Social Security sound fair to you?
Yes - the well to do should socialize the retirement of the poor 12 20.34%
No - I have payed into the system and i'm entitled to those benefits regardless of my assets 47 79.66%
Voters: 59. You may not vote on this poll

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Old 01-01-2013, 07:42 AM
 
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No.

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

Try telling that to obama.
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Old 01-01-2013, 07:44 AM
 
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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.
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Old 01-01-2013, 08:53 AM
 
Location: NJ
28,682 posts, read 33,446,384 times
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Quote:
Originally Posted by villageidiot1 View Post
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.
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Old 01-01-2013, 09:03 AM
 
30,971 posts, read 36,835,456 times
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Quote:
Originally Posted by CaptainNJ View Post
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.
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