Yes, meeting all our promises under Social Security and Medicare will cost a lot of money in the future. But the great thing about the future, is that between now and then our economy will grow, just as today's economy is much larger than was the economy back when Social Security was first created. With that additional wealth, we should be able to take care of retirees and children alike without too much trouble.....don't buy Bush's brand of snake-oil. He's not taking from granny to help out my generation. He's taking from us -- and even more from our future children and grandchildren -- to finance tax cuts and generate administrative fees for his contributors in the financial services industry.
There's lots of reasons for young people to oppose it. And there are nothing but reasons for baby boomers and millions of other Americans who have paid into the system their entire adult lives to oppose it:
Look, I’ve worked hard my entire career, and I’ve watched a goodly chunk of each paycheck go to Social Security. I’ve been paying into the system all of these years, and all I want and expect is my due. I am not paying into Social Security to support other people. It’s MY retirement, and I want to know that it will be there AS IT HAS BEEN PROMISED TO ME ALL THESE YEARS. If that makes me narrow and self-interested, I’m guilty as charged.
I’m not saying that we should abandon the poor or the lower middle class- far from it. What I AM saying is that taking away my Social Security is not the way to meet this obligation. All my life I’ve had the promise of Social Security representing a mental finish line. I’m not going to get rich or live well off it, but that is MY money, damnit. I’ve paid into the system over the years, and I expect to see the benefit of my long years of hard work.
....ow Our Sainted President is telling me that I am going to be penalized if I happen to work hard and achieve a degree of financial success? I realize that I’m probably beginning to sound like an arch-Conservative here, but since when are Republicans in the business of disincentivizing hard work and financial success?? Or is George W. Bush so afraid of losing face that he is willing to gut the very promise that Social Security has represented to generations of Americans? Could the man BE any more craven or nakedly political? Or is his “legacy” so important to him that he is willing to force even a bad program down the collective throat of this country?
We need a lockbox. We need Congress to leave Social Security alone. There is no crisis.