To: qam1
The SS system is a Ponzi scheme designed to fail. It worked ok till the descovery of Penicillin allowed people to live past 55 years of age. Now it takes several people to support one retiree.
The Baby Boom generation (that's me)will swamp the system.
Thirty years ago I made the stastement to my family that there probably wouldn't be a SS security when I retired so I had better get prepared.
As long as I can grow a garden and raise a pig I should be fairly ok till I am just too old. I'll worry about it then.
To: Ruy Dias de Bivar
Doing a proper COLA would be a start.It is always higher than actual COL.
14 posted on
02/26/2004 7:49:08 PM PST by
MEG33
(John Kerry's been AWOL for two decades on issues of National Security!)
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