Trajan
conscientia mille testes
Three things that will preserve Social Security as a self-sustaining entity are;I would not change existing benefits for most on the program. If you exceed a certain threshhold, then you pay more. Newbies and future folks will pay more and get less. The political parties will try to make this a win-lose situation. I am saying everyone helps and accepts change. It is easier to accept the sacrifices you make, if everyone else on your block is in the same position.
(1) Increase eligibility age to conform with life expectancy ratio.
(2) Remove the contribution "cap."
(3) Apply a means test to suspend payments to individuals whose assets disqualify their need for income supplement.
As for Medicare, two ways to significantly reduce its cost is eliminate the Part D and the Advantage components, both of which were put in place by the Bush Administration to divert a significant percentage of the overall cost to the private sector (Bush's corporate "base").
The bottom line is there is no need or reason to include the lower income brackets as targets in any economic reform program. All that is needed is to focus on undoing the redistribution of wealth resources facilitated by Reaganomics -- which also is responsible for nearly collapsing the Economy. Our system has been methodically disrupted and our treasury has been looted by deviously cunning manipulation of laws and federal policies. We need to stabilize our economic system and recover those resources by restoring the New Deal laws and policies that benefited and protected us and by reversing the manipulations.
I.e., By fighting fire with fire.
(3) Apply a means test to suspend payments to individuals whose assets disqualify their need for income supplement.
so how would that work?
they going to wait till I get to 65 67 whatever, then tell me guess what you planned to well, you're too rich so you get to pay now, after having put into the pot for 50 years? pardon my vulgarity but I don't fucking think so.