Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: kristinn

Just wait until the gross devaluation of the dollar hits the boomer retirees and they no longer can afford to retire or stay retired. Perhaps this is how they will the solve social security crisis. The amount payable stays frozen, cost of living increases cease and the purchasing power of the money is now worthless.

The really elderly will be up the creek when they haven’t enough in their fixed check to survive and have no other options. Guess the “death panels” will help with that problem.


45 posted on 02/16/2010 7:26:48 PM PST by marsh2
[ Post Reply | Private Reply | To 1 | View Replies ]


To: marsh2
Just wait until the gross devaluation of the dollar hits the boomer retirees and they no longer can afford to retire or stay retired. Perhaps this is how they will the solve social security crisis.

I have long anticipated that inflation was the key to paying off government obligations. Unfortunately the inflation already in the pipeline is way beyond what would have achieved those meager ends, because the debt just keeps growing.

223 posted on 02/18/2010 9:15:37 PM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
[ Post Reply | Private Reply | To 45 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson