This is what I mean, all we hear is we are doomed if we keep the D's, they're spending us into oblivion and we'll never recover. Yet with a fairly simple step, we can be balance in 10 yrs. And if, if the economy turns around and that plan is implemented, I bet it would be less than 10 yrs. Same with SS, it is bankrupting us. BS, it needs to be fixed to make it sustainable but it is not bankrupting us. Just another BS talking point for elections.
I haven't seen any polls on term limits, I have a feeling the media wouldn't want that either. Don't get me started on Feingold, that lying bastard. Every town hall meeting I ever went to of his was a joke. The guy played the Maverick but was nothing more than a hack. He voted as a Maverick only when there were enough votes to pass whatever bill it was he 'opposed' to. I really dislike that guy. I think the bailouts of corporations opened a lot of peoples' eyes on the matter, prior to that what big business and government did was far more hidden. I don't support bailouts, nobody is too big to fail.
Your flag says you're from Mn, why would you go to Wi town hall meetings? I think there is such a thing as to big to fail. But I feel, no corp should be able to get to a position of to big to fail. I guess that is the marxist in me? If 1 entitiy has that much power to kill an entire economy, they have to much power both economically and politically.
SS as it is will bankrupt us. With expanding life expectancies you now have more than one generation of Americans using the system. It will buckle under that pressure. It can be fixed, but its hard, seniors vote, and often as a block when it comes to SS and Medicare. In truth, its up to them to agree to the changes necessary to fix the system.
The boomers will die off. The balance will shift back the other way. Certainly not the same ratio of 50-60 yrs ago but it will shift back. Today, 83% of the workers pay full SS taxes, in the 80's, 90% of the workers paid full SS taxes. The max rate hasn't kept up with inflation. I say make all wages pay SS. Also, up the retirement age. When SS 1st started, many didn't live much past 65, today near 80 is the norm. Make full bennies be reached at 70. Although, getting up in age myself, working til 70 doesn't seem reachable.
I moved here for my job a year ago. I'm from WI and used to go to every town hall meeting of my Congressman and Feingold when they were around. As far as I know Kohl never had town hall meeting when I lived there. I have no time or interest in MN politicians as of yet, I can see no good coming from going to a townhall meeting in the area I live in now. Ellison and Frankin are frauds and idiots, I don't need to get myself arrested, as I likely would not be able to sit through one of their meetings without some sort of outburst. Nothing about Klobuchar impresses me either. Nothing is too big to fail. In case of failure, the bits and pieces would be sold off just like any other failure. While some losses would be tremendous in the short-term, it would all stabilize over time, as it always has in the private sector.
We aren't just paying for the boomers now, we are paying for their parents as well. I'm simply saying at the current moment, changes would not fly with them or be positive with the economic conditions we face. Any cuts to their benefits will hit us, as family members and such. When things get better, indeed raising the retirement age is an option as is changes to benefits.
Did I? Seems to me it was just partisan trolling that I ignored rather than respond to and give the poster some validation through acknowledging it.