Comments on: Retirement Age Stars In Soc. Sec. Debate

Prominent Group Of Actuaries Say Raising Retirement Age Necessary With Longer Life Spans

[omega39-2009]

After the last 8 years who the hell_ can afford to retire? They will cart us away after we drop on the job.

[eggy1620]

We have the %u201CGreatest Generation%u201D to blame for this. If it wasn%u2019t for their promiscuity and skill at baby-making, this mess wouldn%u2019t exist. Let%u2019s eliminate their benefits first and now. The ones that are still alive are too senile too notice.

[babooph]

All the $ ripped off to fund the military-WHO THE HELL WANTED TO ATTACK OUR RETIRED PEOPLE????The rich are largely exepted-isn''t it them the commies were after?????The old must pay to protect the rich-wish I could afford a lobbyist.

[rocketjl]

Correct me if I am wrong, but at one time social security had unlimited funds. Then those nuts in Congress needed more spending money, so they rolled social security funds into the General Fund (and it all went to pot).

[mcvet-1]

Have you noticed that the Fascist DO NOT spew their line about making Social Security a PRIVATE Investment System anymore? LOL I guess even a dumb as rocks fascist does get the message after getting beat over the head enough! The fact is we have a hump to get over with the Boomers! Once we are successful getting by that group the system will be fine. No need for any major overhaul or handing our futures over to the Enron''s of the world. Just getting by the kids of those who created our system that''s all. Sieg Heil Bush

[skyk-2009]

Get out your check book. This is gonna hurt. I can''''t believe that in these days and times anyone would ever even think of electing a guy that flat out tells you he''''s going to increase your taxes by doubling it. Are you people insane or just liberal?

Posted by maxify55 at 03:47 AM : Aug 01, 2008

It''s always the same with you folks. YOU don''t want to pay for the government we have so you BORROW that money. You continue to borrow as we continue to watch the lives our fathers built for us fall down around us. You continue to borrow as MORE of the budget goes to pay INTEREST on that loan. EVERY election you some people come out with the same tired old lies about Trickle Down and Balancing the Budget then you expect us to listen to you when it comes to fixing the nations retirement system?? NO THANKS!!

[skyk-2009]

What has amazed me in this debate is the fact that Republican''s are willing to run Record Deficits to give their rich pals a Tax Cut, putting the burden of the interest on those loans on the rest of us, and never even give it a thought but when someone suggest raising the ceiling on those who pay into the fund, those same people who have benefited from those RECORD deficits, they refuse to even discuss the matter. Is there any wonder that people are turning away from them?!

[tlparp]

The first baby boomers are starting to retire this year. The real problem is going to come in 7-8 years when we reach the midpoint of the boomers retiring. At that point, the boomers'' kids (mine included) are going to be in their 30''s and 40''s, at a point in their lives when they are trying to buy a house, send kids to college, save for retirement, etc. They are going to look at the increased withholding in their paychecks, decide they can''t do it anymore, and we are going to see a revolt. They will realize that every year, fewer taxpayers will be supporting more retirees, and they will demand a change. And who can blame them?

[slim1h2o]

maxify55 at 04:38 AM : Aug 01, 2008

I''m with you, give me my money back, and now, with interest. The SSA taxes has done nothing for me, but caused me to be poor when I was just starting out in life. It was nothing to see almost $200.00 taken out of my paycheck back then.

[slim1h2o]

"Want to keep Social Security from going bankrupt? Make future recipients wait longer for their first benefit check because they probably will live longer anyway, an influential group of actuaries says"

Or how about just taking peoples money, and not giving any money out at all?

The system would not go bankrupt that way too. And the problem is solved. I wonder who this influential group of actuaries are?

[ramos937]

A number of very painful steps have to be taken:

First, Administrations have to stop raiding the SSA fund for spending on other purposes. Second, the cap has to be raised to about $250K or more. Third, no more talk about privatization. I have three young sons that know very little about puts, calls, margains, etc. You can bet that every scam artist in existance would love this concept. These are only a few but we have to stop kidding ourselves. Unless we take some painful steps to cure SSA, it will go out of business within 10 years.

[oneworldusa]

They just need to tax everyone fairly, not exclude high incomes from Social Security taxes. NO INCOME LIMITS ON SOCIAL SECURITY TAXES!!!

[barbaram99]

The rich yep they will but the poor won''t.