Skip to main content
No. of Recommendations: 3
<<Here is my solution!

If the government can't make its obligations when they come do then do the following:

Pay a fraction of the benefits. Perhaps 50% if that would balance the books.

If Mr/Mrs Saver should have gotten $1700 then give them $850. They can supplement their earnings with their savings!

If Mr/Mrs Spending should have gotten $1700 then give them $850. They can supplement their earnings as a Wal-Mart greeter!


Shucks, I'd throw Social Security and Medicare in the dumper right now if I had my druthers. I'd be glad to see your plan adopted, if it prevented Gen X, Y and Z from being dumped on by higher taxes.

But neither solution above would sell politically. Means testing Social Security and Medicare might.

And do the well off middle class baby boomers get shafted if means testing is enacted? Yes indeed ---no question. But these are the same people who ignored the developing problem for the past thirty years or more. WE are culpable!

My priority is to protect Gen X, Y and Z from ever higher tax loads. If well off baby boomers who don't need government benefits lose them, tough. And I'm one who WOULD lose them, I hope.

Seattle Pioneer

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.