[Lancey Howard]

The next thing to do is introduce social security reform such as means-testing.

You can shove that idea up your rear end.

People who scrimped and saved and did without during their entire working lives so that they could accumulate a nest egg and enjoy retirement should be hosed out of their social security so SS money is available for the partiers who lived high on the hog and spent beyond their means, and didn't save jack squat for their own retirement?

Yeah, that should go over big.

[muawiyah]

Means testing is already in place ~ they catch you when you pull your funds out of your nest egg. That kicks up your income and pushes your social security into the WILL BE TAXED level.

The end result is "they" are using social security to subsidize the general funds ~

[Notary Sojac]

Right, we should just keep Social Security running full blast with no changes until it breaks.

Oh. that's right I forgot, we can avoid any changes to SS by cutting foreign aid, and NASA, and the mohair subsidy, and the number of Congressional staff.

That should "save Social Security".

For a couple of months.

[not2worry]

The only means testing I want to see is what I put in means what I should get back.

I see people everywhere collecting every kind of “disability” possible and living better than those of us who have worked 40 years and put into the system.

Try cutting entitlement programs that are basically “handouts” to those who just prefer not to work.

[In Maryland]

"People who scrimped and saved and did without during their entire working lives so that they could accumulate a nest egg and enjoy retirement should be hosed out of their social security so SS money is available for the partiers who lived high on the hog and spent beyond their means, and didn't save jack squat for their own retirement?

Hear, Hear! The formula for Social Security benefits is already heavily weighted towards redistributing income from high-income workers to low-income workers.

Means testing Social Security is simply another tax on the successful - and, as any student of macro-ecomnomics knows, that which you tax you get less of (successful savers) and that which you subsidize you get more of (freeloaders).

[itsahoot]

Every retirement plan I was ever enrolled in always included SS as a factor in determining the plan contribution. In other words the amount I would get was always offset by the presumed SS benefit I would receive. I currently receive less than half my SS retirement benefit because of other retirement income. And as a bonus I pay taxes on both.

[NYCslicker]

“People who scrimped and saved and did without during their entire working lives so that they could accumulate a nest egg and enjoy retirement should be hosed out of their social security so SS money is available for the partiers who lived high on the hog and spent beyond their means, and didn’t save jack squat for their own retirement?”

You’re right.

We should cut if for all of them, not just those who saved.