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Politics : Foreign Affairs Discussion Group
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To: Bearcatbob who wrote (252678)12/30/2007 7:11:00 PM
From: Nadine Carroll  Read Replies (3) of 281500
 
Simple means testing would solve the problem.

I don't think so. It would kill the general public support for Social Security by changing it from an insurance program to a welfare program. The well-to-do could very justly point out that they had spent their whole working careers being forced to pay ever heftier chunks of their wages to a program that was promised to them as insurance, and now when it comes time to pay out, suddenly they are to be punished for having saved for retirement!
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