The Motley Fool Discussion Boards
Retirement Discussions / Retire Early CampFIRE
|Subject: Re: Help! My Social Security is in Lucent||Date: 7/30/2001 4:02 AM|
|Author: SeattlePioneer||Number: 46759 of 734972|
<<Yet it's their children and grandchildren -- the ones who, even if NO changes are made, are ALREADY more screwed for Social Security than their parents and grandparents -- who are targeted for even MORE screwing.
If there's pain to be had in fixing Social Security -- to the extent that a Ponzi scheme can be "fixed" other than by abolishing it -- it MUST be shared across all generations, not just those who aren't eligible to be part of the AARP juggernaut.
And by NOT sharing the pain fairly, they make the "solutions" much more draconian and unbearable than by spreading it around.>>
Medicare bankruptcy is a lot closer than Social Security's collapse, and will probably be stupendously expensive to fix. Therefore the retiree crowd will need to have that fixed. That gives the opportunity for a bargain to be struck or see medicare fail. Of course, what we say happening in the last election was politicans falling all over themselves to promise a prescription drug benefit as an add on.
Gen X, Y and Z needs to wise up an djust say no to more taxes and benefits, and vote on it as an issue. Or see yourselves plucked by your elders.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|