[So why do we need to pay for the mistakes of those before us. You are talking about forcing people to fend for themselves longer. That's 3 years closer to death. Not counting moving the cap out higher.
How much money each year is creamed off the top of SS money by the government? Again, your scenario is forcing those who are already carrying their own weight plus more to bear the brunt of this issue. I guess the upper middle class and the rich are the guilty ones here.
QUOTE="ticket2ride04, post: 949536, member: 1416"]Extend the cap out to $200k
Push back the retirement age to 65 and 68. Grandfather in people above 55 to stay with the current retirement age.
No one is getting screwed there. Just making some
Tough choices.
Your later point is why SS needs to be saved. People in this country don’t save properly for retirement. Letting a huge chunk fend for themselves would wreck havoc.[/QUOTE]
How much money each year is creamed off the top of SS money by the government? Again, your scenario is forcing those who are already carrying their own weight plus more to bear the brunt of this issue. I guess the upper middle class and the rich are the guilty ones here.
QUOTE="ticket2ride04, post: 949536, member: 1416"]Extend the cap out to $200k
Push back the retirement age to 65 and 68. Grandfather in people above 55 to stay with the current retirement age.
No one is getting screwed there. Just making some
Tough choices.
Your later point is why SS needs to be saved. People in this country don’t save properly for retirement. Letting a huge chunk fend for themselves would wreck havoc.[/QUOTE]