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Investing/Strategies / Retirement Investing
|Subject: Re: Don't worry about boomers killing the market||Date: 8/6/2006 12:50 PM|
|Author: TMFMurph||Number: 52953 of 75639|
Democrats created Social Security and stand ready to develop a bipartisan common-sense approach for strengthening Social Security without breaking its promise to American workers, running up the deficit or slashing hard-earned benefits
Let's see....how to "strengthen" Social Security ( translation: keep it from going broke ):
1. Not going to cut benefits.
2. Not going to increase the deficit.
3. Not going to "break our promise" ( not sure what this means, because the "promise has been changed/added to over the years ), but does this also rule out increasing the age at which Social Security benefits kick in?
Unless I've missed something along the lines of a miracle, the only thing left to "strengthen " SS is a tax increase.
So what's new!?!
( who has always "loved" the fact that politicians of both parties almost always promise a "chicken in every pot"....but never really say exactly how that's going to be accomplished )
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