No. of Recommendations: 3
<i<Why are people ready top get upset at the prospect of cuts in Social Security?

You missed my point. I wasn't talking about cuts in SS per se. What I was protesting was "means testing". To me, this indicates that if you spend every penny you make while working, you can count on SS later in life to bail you out. On the other hand, if you work hard, save, invest, and deprive yourself of that new BMW or DVD player along the way, then you will get your SS cut because you have greater means. This would be Bu** Sh**.

Unfortunately, there are no easy answers, but I imagine the retirement dates will have to be increased so that people cannot retire until well into their 70's. I am all right with this because this would treat all people equally regardless of their means.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.