Begging the question on soc-sec
First comment
WaPo WAY Off on Social Security
Apr 09, 2012
Fred Donaldson says:
April 9, 2012 at 6:17 pm
The Democrat geniuses are not protecting the future retired much better than the Ryan plan. Alternatives suggested by Washington “centrist” insiders include raising the retirement age, means-testing benefits, reducing COLA through a new formula, and hiking the minimum retirement age.
Everyone in Washington knows that Social Security here pays far lower benefits than other industrialized countries, as little as half as much. Now, the goal is to reduce these benefits even more with a fake crisis, nurtured by many, and promoted by WAPO, as they run Fiscal Times reports without mentioning their funding by Peter Peterson.
The rich want Social Security cut, hoping that this will result in lower employer share of FICA taxes, or at least maintenance of the current rate. The middle class needs benefits hiked to what they get in Germany, not cut to some Third World country “benefit.”
Social Security is not just for protecting the poor, as mentioned in this article, it is also the foundation of retirement for most Americans. A lousy $1,200 a month seems to generate a huge concern by the selfish elite in America, as though that might afford some average Joe one night in a ritzy hotel if they didn’t have to pay Medicare premiums and co-pays, food and rent.
