Had we had the courage to do what needed to be done, we'd all be retiring in tall cotton. Just look what Chile did with their retirement system, and that was/should be the model for us. otherwise, invest in foreign market mutual funds,i.e., Russia Fund.
yes he did....he had a young genius, I forget his name, who wanted to make big changes, but the only changes allowed affected the workers only, not the recipients.. I was going to pay more, I was going to work longer and I was going to get less....
no one has ever thought..hey, there's SS recipients out there that are rich and do not need more govt money from the underlings......
......we just can't take away a benefit from someone once they get it...its like a sin or something......
and that's why we have the 65 yro's and the 70 yro's and the 80 yro's just a hooting and hollering about not changing Ss....its been a BOOM for them.....
for the record, I do think the younger people are getting the royal tax shaft....