In 1950, for
every one retired American receiving benefits, there were 16 working Americans
paying into the system. Today, only three working Americans are paying into the
system for every retired American drawing benefits. By 2030 – about when the
youngest of the boomers turns 65 – that ratio will drop to two working
Americans paying for every one recipient, meaning an older American drawing on
these benefits will essentially be supported by a working couple somewhere.
If we are going to protect the social safety net that our citizens need and expect, we cannot afford to waste time tinkering at the edges. We need a SERIOUS conversation about how to save Medicare and Social Security that includes topics like the formula for cost-of-living adjustments, retirement age, and whether our resources are truly taking care of those most in need.
If we are going to protect the social safety net that our citizens need and expect, we cannot afford to waste time tinkering at the edges. We need a SERIOUS conversation about how to save Medicare and Social Security that includes topics like the formula for cost-of-living adjustments, retirement age, and whether our resources are truly taking care of those most in need.
Joe
Papa 3 things you failed to address
1. The government dipping into the social security fund WITHOUT repaying a single penny !!!
2. welfare and other handouts at taxpayer's expense !!!...See More
1. The government dipping into the social security fund WITHOUT repaying a single penny !!!
2. welfare and other handouts at taxpayer's expense !!!...See More
Karen Redman sorry but Social Security is
not an entitlement......we have paid into it!!!!!
Joanne Rooney Darrell Issa Social
Security and Medicare ARE NOT ENTITLEMENTS . . . We the People are forced into
paying into these programs . . . we are not given a choice in the matter . . .
YOU, THE CONGRESS, have raided these funds instead of investing the funds ...See More
Geneva Brummitt Stop paying S.S. to
Non-Americans who NEVER paid into it, and If your going to ALLOW them to stay
in America, then you need to make them pay back every penny they have already
gotten!!!!!
Ann Gillen Why are we always hearing about Social
Security, which we paid into our whole working lives, going broke but never
hear that EBT food stamps or welfare, which wasn't taken out of paychecks,
going broke!!!!!
Jennifer Gray-Wolford SS is NOT an
entitlement. I have paid into it since I was 15. And won't see a penny.
