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Politics : President Barack Obama
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To: RetiredNow who wrote (103697)10/31/2011 1:57:29 PM
From: Road Walker  Read Replies (2) of 149317
 
Well, koan, right now the way Social Security and Medicare is structured, it is a very good deal for the old and the retiring Baby Boomers. No question about that. However, if it continues the way it is now, it will literally bankrupt this country and the next two generations will see their lives impoverished as a result.

False dilemma. Make a few relatively insignificant changes and SS is good. It has been a great program. I know a half dozen people who are 70'ish that would be homeless with out it. Immediately. They would likely die in an alley somewhere. They are not living it up it's subsistence survival. And they paid in all their lives with the express promise from out government that they would get benefits at age 65.
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