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Social Security: A Green Swindle of Another Type

topknot Wrote: Oct 08, 2012 10:28 AM
Silent: You are just another generation of give-me's if you would get out and work and pay into your SS like we older generation did you would have no gripe. No SS is not the best way to go but it helps when you are past the age of working and as of now no jobs are to be had for our age group you probably do not know that when SS was inacted that the wage was very low there was no big dollar an hour wage then we did the best we could do with what we had.

"Social Security is structurally sound. It's going to have to be tweaked the way it was by Ronald Reagan and Democratic Speaker Tip O'Neill. But the basic structure is sound."

So said Obama in his first presidential debate with Mitt Romney before moving on to another topic that he was more interested in discussing.

But the reality is that Social Security--the federal government's largest program--is not sound. And the "tweaks" Obama spoke of (from the Reagan-O'Neill years) include raising the retirement age, increasing social security taxes, and delaying cost of living adjustments. And those...

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