The Motley Fool Discussion Boards
Retirement Discussions / Retired Fools
|Subject: Re: Obama on payroll tax||Date: 6/17/2008 12:39 PM|
|Author: AngelMay||Number: 13470 of 19222|
I think that it is well-understood that in a few decades that Social Security will run into insolvency. Something has to change, but means testing is not the right change.
In a means-tested system, we all go to the government and ask for a handout due to our poverty.
In the current system, we get a benefit based on our work history. It is something we've earned.
The two couldn't be more different.
Not to mention that the elderly suffer enough indignities without adding yet another to the list.
They should be allowed the dignity of living off what they have worked for (social security) along with what they have saved, rather than having to go to the government for a welfare handout with hat in hand, begging.
Dignity may not mean much to someone who is not in a likely position to lose it, but it means a lot to the rest of humanity. And it's the caring way to treat people.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|