50% of baby boomers (45 to 59) voted for this. 43% of people over 60 voted for it. Hope & Change.
Just another variant of soaking the “rich”. (”rich” in this case meaning “anyone who saved, worked hard, and planned wisely for their future”)
I know this is coming sooner or later; that’s why I’m shifting all the revenue I possibly can into non-compensation categories.
Can somebody translate “means testing” for me? Is it just another way of saying redistribution of wealth?
What sucks about this is that many now ‘rich’ probably started out working dirt stinkin’ poor while putting into SS and gradually rose in income due to hard work, but get shafted because of how much wealth they have today.
I wonder how many times Obummer will reference the Tuscon killings. And being there when Gabbie Gifford opened her eyes. {sniff}
He’ll probably have the parents of the cute little girl sitting next to his wife...as he declares the need for greater gun control laws.
I’m not going to critique anything our Dear Leader might suggest, not in advance at least. Let’s wait and see what the socialist has in mind.
At the risk of offending the spirit of Claude “I will not vote for a decrease in benefits” Pepper, I am perfectly content to rename Social Security “Old Age Welfare” and means testing applicants.
The taxation of SS retirement benefits is a form of “means testing” that is already in place.
Obama came in under Hope and Change.
America has liitle hope under Obama but we have gotten change
The State of the Union Address - Obama Administration 2 years later
Unemployment - Jan 2009 was 7.6 % / Jan 2011 is 9.4 %
Average price for gallon of gas - Jan 12 2009 was $1.78 / Jan 17 2011 was $3.10
National Debt - Jan 14, 2009 was 10.6 Trillion Dollars / Jan 14, 2011 was 14.0 Trillion dollars
It might just be time to throw aside the retirement and insurance camouflage and just state outright that Social Security is a welfare program for the old.
What a Gyp.
From each according to his ability, to each according to his need....
I bet Zero's a 9/11 truther too. He's such an idiot.
Did you ping “Scooter”?
If the class warfare types want to change this by imposing some sort of super-means-testing on Social Security benefits, they should at least have the good grace and common sense to phase it in gradually. What these community organizers don't understand is that, in the real world, retirement plans are based on a mix of anticipated assets, of which Social Security is but one. Unless you are truly wealthy (and by that I do not draw the line at a ridiculous $250,000 per couple per year), screwing with any one leg of the plan tends to seriously upset the plan.