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View Diary: Another lesson for Simpson: Raising the retirement age is regressive (118 comments)

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  •  what are you talking about? (0+ / 0-)

    I'm suggesting not raising the retirement age, which means rich people would get more out than poor people.  

    Yes, I think along the edges, there could be some means testing, but nothing truly major.  (There already is some thru inflation formulas.)  I don't care what the primary purpose was -- I care about what works or doesn't work today and in the near future.  Social Security works very well and doesn't contribute to the deficit by law.  That said, when we have huge wealth disparities, monies being paid out to people with net wealth in the tens or hundreds of millions, even under an insurance program, is wrong.  That money could be better used elsewhere.  

    "People like you?"  Reading comprehension FAIL.

    "This world demands the qualities of youth: not a time of life but a state of mind[.]" -- Robert F. Kennedy

    by Loge on Thu May 12, 2011 at 02:58:56 PM PDT

    [ Parent ]

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