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Graham Joins Loonies, Plans Government Shutdown

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funky chicken1/03/2011 10:51:11 am PST

re: #26 allegro

Can we at least put an end to the false propaganda point that Social Security has anything at all to do with the national debt? It does not. It never has. It has always been self-funding.

Look up scheme, Ponzi. There’s always been way more people paying SS taxes than retirees. The demographics aren’t pleasant a few years ahead. With extended lifetimes and reduced birthrates, something needs to be done so SS won’t go into the red. Increasing the retirement age and means testing for benefits both make sense.

And don’t even start talking about Medicare. It’s the real budget killer. But increasing the qualification age and means testing could help with Medicare also.