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Reply #57: I appreciate your courage in starting this thread [View All]

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customerserviceguy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-22-11 06:44 PM
Response to Reply #40
57. I appreciate your courage in starting this thread
There are lots of people here who think that Social Security Santa will just go on forever, without seeing the harsh economic realities of the situation. When you see the combination of permanently lower wages (proportional to what the last two generations received) and the giant wave of baby boomers headed for their Social Security benefits, you have a scenario where the present-day underfunding of the hand-to-mouth Social Security System will always be inadequate.

I agree that using the word 'deficit' when discussing Social Security reform is extremely misleading, but with our government dependent on a FICA surplus to permanently 'borrow', we can only expect them to at least find a way for SS to live off it's own income. Changes must be made to insure solvency, or the whole thing will fall apart like a poorly repaired jalopy.

I'd much rather have our side produce the solutions, the Republicons ideas will not look anything what we would find remotely acceptable.
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