On Thu, Jan 06, 2005 at 01:49:52PM -0700, Warren Ockrassa wrote:

> Not just the Dems. Don't forget the silvering Boomers and all the
> current AARP members. They have, I'm quite sure, no intention of
> tolerating even the vaguest *hint* of gefingerpoken on their SS plans.

Which is why all the plans I have seen DO NOT REDUCE BENEFITS TO
PEOPLE WHO HAVE ALREADY BEGUN CONTRIBUTING TO SS. The only SS benefit
reduction would be for people who voluntarily choose to reduce their SS
contributions and put some into a private account.

The across-the-board benefit changes being discussed (switching
wage-indexing to inflation-indexing, etc.) only apply to people retiring
after about 2075 -- people who are less than 5 years old today.

> We are allegedly a wealthy nation; why are we being cheap about this?

We are not being cheap. We are being realistic. Resources are finite.
They need to be allocated in some way. I tend to favor the most
efficient way that is not inhumane.


-- 
Erik Reuter   http://www.erikreuter.net/
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