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Politics : Moderate Forum -- Ignore unavailable to you. Want to Upgrade?

To: tsigprofit who wrote (15061)	1/4/2005 12:12:54 AM
From: Augustus Gloop	Respond to of 20773

<<in coming decades...>> Thats a ways off still by the sounds of what you posted (didn't read the article). But someone is going to have to make that decision. We all know it. Either we cut benefits or we raise the SS tax. I don't like either option but just because I don't like it (and nobody does) doesn't mean it doesn't need to be done. This has been a looming problem we've all known about for many years and ignoring it is not going to make it go away. For people under 50 I'm of the opinion that they should support forced savings plans that keep the employer on the hook for their share of what would have gone to SS. I don't know how the percentages would break down because we have a big group of people ready to take SS and we have an obligation to pay them. But we'd had better start crunching the numbers yesterday or the day is going to come where we've all paid into a system that has nothing to pay out. That's just the reality of the situation. Better use your IRA's, 401k's, 403b's Roth's etc etc people or retirement is going to be damn slim.