(CNN) – You have to give Republican presidential candidate Rick Perry at least some credit for putting major changes in Social Security on the table. Most politicians don't even want to touch this subject, especially because older Americans love their Social Security benefits, and older Americans vote in much higher percentages than younger Americans.
Perry is proposing very significant changes. For example, he wants to raise the retirement eligibility age.
This is not a "new idea" it is the same old reheated privatization manure the GOBP deathcult has been shoveling for the last decade. Sure, raise the retirement age a couple of years. Then lift the SS cap on income and SS becomes solvent indefinitely. The fix is simple, and the GOBP will muddy the waters any way possible to keep America from knowing this.
Go Rick, go! Take away what people have paid for their entire lives. You will now lock up the retired teabagger on social security, vote for sure. Which Koch brother gave you $17 million to act like a fool?
Due to the wreckless GOP spending, their only solution to solve our fiscal woes is to raid the piggy bank and pull the social safety net from under our feet. They are nothing but fascists intent on destroying this country. KEEP YOUR HAND OUT OF THE PIGGY BANK!!!
E. WARREN 2012
Mitttens will be out with the same idea tomorrow, and say he proposed it first.
Well, you can pretty much gong this idea as a non-starter. Do you think America is going to trust their SS to Wall Street after they just blew up everyone's 401k? I don't think so. That was the whole point of creating the SSI trust fund in the first place. To give people a place to save their money *beyond the reach* of capitalist greed and unregulated banks.
Give him credit for what? There is nothing wrong with the system if congress puts the money back they spent.
Cowboy Fonzie just crashed his ideology-cycle into the brick wall of reality. The wall won. See ya dude.
"Mitttens will be out with the same idea tomorrow, and say he proposed it first."
You skipped a step. He has to be against it before he's for it.
dave in michigan: i am 61 years old and that makes me a baby boomer. i can remember back in the 1970s when congress started to raise the social sucurity taxes to "creat a suplus to cover the expense of the baby boomers retirement". the increase worked and created $2.4 trillion dollars of surplus! the problem is that presidents like george bush jr. borrowed the supluses every year he was in office. just in his last year in office he borrowed $674 billion dollars so he would not be the first president in history to have a $1 trillion shortfall in his budget! the IOUs left in the account are now at $2.4 trillion. the republicans gave out a big tax cut for the wealthy in this country over 10 years ago which means he gave the baby boomers surplus retirement to the wealthy. how about congress paying the fund back for all the money that was borrowed and than we will see when social sucurity really goes broke! we wonder where wall street learnded how to be so dishonest! we should understand that the wall street protesters finally figured it out soon this protest will grow behond what wall street and the republicans think! the aristocracy that the republicans have worked so many years to build although almost complete is about to be replaced by the peoples will. we started this country by people fleeing the unfair aristocracies in the old country which in the end failed there too!
Ok, So corporations say to increase profits we need to encourage older employees to retire at age 55. This will allow us to replace them with younger workers at lower salarys. Younger workers also have fewer medical needs than older employees which keeps our insurance rates lower.
GOP says we need to raise retirement age to 75.
So lets recap, you graduate from college and land a job at 25, work 30 years till at age 55 your boss says we have hired two part timers to replace you, but we will have a job for you but we cant say yet what you will be doing or where the job will be or you can go ahead and retire early.
So during your 30 – 35 year working career while getting married buying home raising 2.3 children and paying for college and weddings, etc. you should also save enough dollars in those 30 years from 25 to55 to live the next 20 years until social security kicks in and have enough savings left to supplement the scaled back soc. sec. check.
Can any CEO or GOP brainiac please explain how that any person can expect to do this? Remember we dont earn 2 million per month CEOs and we dont earn get the big taxpayer funded congressional salaries with the all the perks and guaranteed retirement ( also thanks to taxes we paid during our working years )
"Perry is proposing very significant changes."
Uh, huh. Yeah, boy. BUT I bet the good guv'nuh GoodHair AIN'T proposin' that he change his hair, is he?!
Uh, huh. We STILL be wund'rin' what DID they tell him about his hair?!
[Que le dijieron del pelo?]