To: Tumbleweed_Connection
It's beyond crisis: it's an FDR ponzi scheme! One way to defer the inevitable would be to change the eligibility
age to 70 and encourage folks to save for their retirement.
Partial privatization would be a step in the right direction.
To: upcountryhorseman
"change the eligibility
age to 70"
I wish someone would run the numbers on this. It seems the most rationale and you could move it slowly while grandfathering in people within 5 years of eligibility at implementation.
32 posted on
12/22/2004 9:25:59 AM PST by
xcullen
(DC Conservative)
To: upcountryhorseman
when SS was first created the retirement age was 65 but the avg. life expectancy was 58. It was a MONEY GRAB
Now people live to 75 or more and it has become a ponzi scheme
41 posted on
12/22/2004 11:24:09 AM PST by
Mr. K
(I support a strong defense policy, but see no reason to conduct it while sober.)
To: upcountryhorseman
We need to make sure we preserve all this liberal "wisdom" about how the system is so fiscally sound.
Then when reforms of the system fail, we can use this to prevent further rate increases and or new taxes when the Ponzi scheme finally crashes.
43 posted on
12/22/2004 12:02:47 PM PST by
Kozak
(Anti Shahada: " There is no God named Allah, and Muhammed is his False Prophet")
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