(no subject)
Jan. 31st, 2005 02:36 pmTalking with my sister this morning, I decided to look into the claim that social security is in danger of being depleted by the time my generation is retirement age. The impression that I have gotten is that I just cannot expect it to be there at all. The current administration has claimed that Social Security faces an $11 trillion shortfall if nothing is done to fix the current system. They have been leaving out that this is over the next 75 years or so. The American Academy of Actuaries have helped to assuage my fears as well as reinforce my belief that there are several options aside from the ridiculous one that Bush is proposing of having people invest their own instead of paying into Social Security.
Fini was saying that it is ridiculous that we would be led to believe or even have it occur that the wealthiest country in the world would not take care of it's elderly. We find funding for lots of other things, we cannot find it to take care of the elderly?
Perhaps we could just start with the small and simple things like not paying journalists to promote Bush's agenda and pass it off as journalism. Or how about we find the missing $9 billion in Iraq and deposit into the SS fund? That would be a nice start.