I say we do everything possible to pay these people back for every damn dime the government has stolen from them in the form of Social Security. We do owe them that. Women who were married to the same man for years and stayed home to raise his children should be given *his* SS if he's passed. ALL of it. Not 50%.
After that - we stop. We stop and allow these adults the right to succeed or fail. If they are decent people, someone in the family will take them in if they need it.
Sounds reasonable to me. It might be a trick talking the Chinese into bankrolling it, as the elderly aren’t assets that they can take in security for their loans.
This is where Obama has really screwed up: he’s spent 3 trillion dollars and more, without leaving any funds or line-of-credit for this huge wave of retirements coming thru the pipes.
“Improvident” doesn’t even begin to describe his folly.