I hated it when Reagan and Clinton raised income taxes on social security benefits to pay for the general budget, It's no better than the phony I OWE YOUs they wrote themselves while spending the SS taxes. Notice they wont call for just cutting the benefits, that would show it's just a welfare ripoff scheme. By taxing SS benefits the people who paid no income taxes (but paid minimum SS taxes ) dont get a cut in SS benefits because they make under the income limit once gain.
Raising the Social Security eligibility age would have the effect of reducing our fiscal problems. At the time SS was instituted, the retirement age was around the age the average American expected to be dead and buried. If we raised the SS eligibility age to 72 to 77, I don’t think we would have a multi-trillion dollar problem on our hands any more. Seniors who did not save up on their own would work until they dropped (or when they became eligible for SS) - seniors who did would retire before they became eligible for SS, pretty much as it was when SS was first put into place.
That labor force might have grown if the liberals didn't abort millions of American babies.
At age 35 I am at the bottom of this ponzi scheme they call Social Security, and paying for benefits that I will likely never collect. Cry me a river if you have to work until 70.
There is always euthanasia.
These are the folks who must be resisted at every turn.
Liberals preaching patriotism is something akin to Eliot Spitzer preaching fidelity.
“...given our nation’s crying need for teachers, social service workers and public servants, millions of “seasoned citizens” could serve our communities...”
What a maroon. I could easily retire now, but am working to do some fun stuff. However, were I to retire, I could teach at the university level (since I have a PhD), but could not teach at the high school level. And, I never would, because I would NEVER lower my IQ by taking any of the marshmallow courses offered to those pursuing a degree in “education”.
Socialists bring this on themselves and then wonder how it happened.
“Politicians say more taxes will solve everything....and the band played on.....”
Dear Mr. Yarrow,
Bite me.
Regards,
Wolfie
This is the best idea of heard of. Everyone should retire early. As soon as congress figures out there is no more SS money coming in they’ll have to do something. If you keep feeding that SS monster and dragging it out it won’t ever die. It’s like Dennis Miller said, “Don’t drive an economical car and prolong the petrochemicals, everyone should drive a big gas burning SUV and get rid of the gas faster and then they’ll have to come up with a new energy source.
LOL. Don’t worry, with the very low savings rate in this country, most of our seniors will be saying, “Would you like fries with that?”
I don’t care when people retire. What I do hate is when people retire and then scream about being on a fixed income and want a pity party. If you don’t want to be on a fixed income don’t retire.
My grandfather retired when he was 81.
Not too good at math is he? Let's see...cutting 159% of a deficit sounds a lot like a surplus to me! He must have grown up learning new math.
What a tosser this moron is.
LOL, yeah, let’s tell the elderly VOTERS about this scumbag’s plan to mess with their soshsecurity. Personally, I am in sight of S.S. and after a lifetime of dumping money down the big government toilet, I better not get ripped off out of so much as one thin dime. If the scumbags try ANYTHING to cut my S.S. benefits, I am just vindictive enough and loud enough to let seniors all across the countryside know that their scumbag politicians plan to SLASH their soshsecurity, feed them cat food, and put them in a home...
“It’s not that I’m all work and no play. But there’s just something - make that lots of things - wrong, in general, with retiring at 55, 62 or even 65. I would go so far as to call it profoundly selfish and unpatriotic”
Just one more elitist liberal trying to conceal his thirst for more government revenue behind a wisp of patriotism. Run them ol’ folks into the ground, just so long as they keep paying into the system!
The fact that people have longer life expectancies AFTER they retire now, vis-a-vis the 1940’s, is primarily due to improvements in medical technology that are able to keep older folks alive, and has little to do with the normal aging processes that affect all humans up to, say, age 65.
It is true that aging is “an individual process” - that is to say, that some folks just wear out sooner than others, and some can keep going much longer than most. But I think it’s safe to say that by the mid-sixties, most people are reaching a point where they’re slowing down (both physically and mentally) to a level at which they are having trouble keeping up with the younger workers, and producing at the level that they once did.
I’m willing to bet that Mr. Yarrow has never worked a full day of paid physical labor in his life, other than pounding on keyboards or lifting file folders.
I think it’s fair to say that by the time most guys in the construction trades reach age 60, they’re starting to get TIRED from working. It’s a tough row for them to hoe it to 65, 66, or 67 (as the age will eventually become for younger workers). Just how long does one expect a man to keep going as his body begins to wear out? Oh, I’m sorry, it’s “selfish” to wish for relief from such things.
Fearless prediction: the retire age isn’t going any higher than age 67. The boomers coming into retirement now will NEVER permit that to happen on thier watch. Who wants to be closing in on retirement, only to be told, no, you have to work four or five more years? Or even two?
Ain’t gonna happen.
- John
What a moron. The baby boomers just keep getting screwed. I recall my parents purchased their brand new home for 3500 dollars....on ONE income. Ya see Mom didn't have to work..
I recall Dad going to the gas station and telling him, "gimmie a bucks worth of regular"...Can anyone imagine?
Dad had the same secured job for years, ya see he didn't need to change jobs every year or two because the companies weren't being downsized or being shipped off shore in the pursuit of higher profits and peasant labor...
Most everyone in the country spoke English, and daily phrases like mass murders and drive-by shootings were unheard of.
I think about it, and realize that many people today, are paying as much on their MONTHLY mortgage payment, as my parents paid in the 50s for the *TOTAl* cost of their home.
And now were told that all the money, or much of the money this corrupt government confiscated from us in the form of Social Security, won't be paid back...
And this guy suggests the baby boomers are all selfish. Wow...