Then it would be nice if Perry said how he plans to honor the financial promise to people too old to go back to work, and what that transition for younger employees would be. And also a definition of 'too old to go back to work' would be nice as well. Are you saying some people already drawing benefits would be told, "You can work. Hit the bricks and find a job?"
Post #46 is meant for SoJoCo, not soconpubbie, whom I pinged by mistake.
As I posted, this is standard and understood by everyone but demagogue’s on the left. We don’t need any demagogue’s on the right.
It’s understood that people on it now aren’t going to have it taken away. Paul Ryan has said as have many others that those 55 and over could also receive it when their time came.
But actuarily speaking, we already KNOW that people younger than that should stop planning on receiving it because there will be only two people working and paying in, for every one person receiving the monthly checks.
To pay for that would be a monstrous burden that would wreck the economic life of our nation, much less the economic lives of those having to pay.
When SS was created, there were 14 people paying in for every one recipient, and people didn’t live nearly as long as they do now.
Perry will continue to expand upon his statement over time. Lots and lots and lots of opportunities...
Romney is demagoguing it, and he is disgusting.