Shrub's plan for Social Security, the Rich get Richer and the Poor get poorer
President's Big Social Security Gamble
Bushe's plan will make substantial cuts in Social Security for the Middle Class. Boys and Girls are you seeing what I am seeing? I see the fat cats on high getting fatter and the the Middle Class the bread and butter of the dUnited states becoming poorer. It's a fact that very few people salt away enough money to cover expenses during retirement. If you left it up to the average American, they would rather have a fatter paycheck than money in the bank for the future. The current system of forced savings through Social Security works just fine, thank you very much.
Perhaps raising the amount of money baby boomers must put into Social Security would work better than cutting benefits. No one wants to lose that nest egg. Those of us who are terrible with our finances will lose the most. You can count on that. I agree the system needs to be tweaked to survive the future, but cutting benefits is not the way.
I think raising the ampunt that goes into the pot will be best, that and keeping the Politicians hands out of the Cookie Jar is the best bet. Perhaps we should cut $600,000,000 out of the fat cats golden parachute in the Senate and Congress. That's Per-Year folks. Now That would help. What do you think?
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