“Today’s WSJ said by 2010, the outlays will exceed the tax revenue generated. What is your answer to this issue? The privatization angle doesn’t help the elderly who may currently live mostly on SS.”
Fair question. At a minimum, the age for going on retirement welfare (soc sec and medicare) needs to be raised to at least 70.[/quote]
PatentGuy,
You started to give me your answer above, and then you went into a opinionated rant about how things should be in your eyes.
What is it about politics? Why can’t people debate political issues without sermons & name calling? I’m just as guilty as the next.
So is there more to your solution or is it simply raise the min age to 70? How will that help a 68 yr old who counts on their SS check to live each month? And out of all of the SS expenditures, I wonder what percentage goes to person 65 – 69 years old. There are a lot of old farts out there in their 70’s & 80’s. I wonder if raising the min to 70 would be enough for the program to sustain itself on a cashflow basis.
