By the time I am ready to retire, I will have to be 90. That will be 75 years of paying into a system I most likely won’t have access to.
Someone has to work longer, harder, more efficiently if there’s money to be had to pay for welfare and Obamaphones...
Notable exception - People who are on disability S.S. receive Medicare automatically, two years after they become disabled and that applies to a whole lot of Americans.
Similar to Ryan plan.
I am not defending any plan that does not recognize that SS and medicare are rcreating deficits now, they are spending borrowed money NOW.
Tell you what, cut those progams now and save the trust fund IOUs for us.
The 55 age threshold is not accidental, its the GOP base voter. Its the one group Romney won solidly.
And what is the retirement age in France? 50? or Greece? 45? Are young Americans going to sit still for a 70 years old retirement age?
Note: This is not a proposal to cut benefits for those currently retired, nor does it move the goal line for those who are in the last stages of preparing for retirement. It simply makes social security sustainable by delaying retirement benefits for those who are more than 14 years from eligibility at this time, when we can adjust our long-term plans well in advance. The alternative is even worse for those who plan to depend on social security.
I have no problem with this idea. Also, 20 and out retirements in the (non-military government needs an adjustment. These people are gone just when they are in their prime. Often they government hires them back as contractors or advisers and big bucks.
I have no problem with this idea. Also, 20 and out retirements in the (non-military government needs an adjustment. These people are gone just when they are in their prime. Often they government hires them back as contractors or advisers and big bucks.
That means the age of getting a pension and/or social security.
Bull$shit. White males over 55 are the first to be laid off, and then can’t get jobs,
Great I will be hacking on JAVA, C and C++ code until I am 70. Great.
A bunch of liberal CEO’s that benefit from government... that’s my guess. I assume GE in on board... and every other ‘business’ that skims their full ‘share’ of government handouts...
Where’s the list of companies?
Roundtable?
Yeah, right. More like ‘under the table’...
CEO’s shouldn’t care about government programs, per se.
They should make it clear that government mandated costs/taxes tied to employees are always borne by the employees. If they become too high they will fire employees until they become manageable.
If the employee costs are still too high, in combination with other business taxes and regulations to make the desired profit, they’ll close the company or move it someplace where profit is possible.
That’s the only job of business, and the only comments CEO’s should be making.
If we were allowed to save for our own retirement, instead of making mandatory contributions to an inefficient government program, we wouldn’t have to wait for the government to tell us when we could retire.
My Dad was a barber and worked until he was 80. He was edged out by Vietnamese women who slowly took over the shop. He loved working! It was very social. Old retired Colonels, Generals, Senators etc went there. In McLean Va. It’s where I learned my politics. From guys that were there.
I have no plans to retire. Nothing to do.
So, we will have folks, usually veterans, whose knees and shoulders are deteriorating, limping along, having to work for 13 years in an increasingly physical state of deterioration.
Yeah, it makes perfect sense to me...just like "Logan's Run"!
Ah, the genius of the plan! Give amnesty to the illegal aliens, raise the retirement age to 80 and tax ‘em til they drop. Welcome to the age of slavery.
Why do CEO’s care what age I start drawing SS? They care because they tack SS on to their retirement package to make it look bigger. Just another manipulation by the fortune 1000.
How may of these CEO’s are outsourcing?
Throw them off and ignore them.
For those who are left: Why are those who are outsourcing even in the same room?
We must stop destroying America.
Nuts. Those CEOs can start by eliminating their own “golden parachutes.” They drive corporations into the ground, then, escape with intact separation packages worth millions. Everybody else gets thrown into the street with nothing...or work until age 70? Not listening to them.
Seems like a start to me, although I’d go further and simply declare Social Security and Medicare to be means-tested WELFARE PROGRAMS once and for all.
After all, they are already welfare programs, in that they are transferring the earnings of one group of people (the workers, and even worse, their kids and grandchildren) to another group of people - those that have already retired.
Now if Al Gore’s Lockbox was still there, things would be different, and they would be funded retirement programs - but things are what they are. So it’s no different than Food Stamps today, except the only requirement for qualify to have access to my kids’ future earnings is age.