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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (54809)5/23/2009 2:09:58 PM
From: Mac Con Ulaidh  Read Replies (1) | Respond to of 149317
 
I just came across this from findlaw.com on the subject of SS (and medicare)...

The 2009 Social Security Trustees' Report: Good News Behind the Headlines

FindLaw guest columnist, George Washington law professor, and Economics PhD Neil Buchanan argues that the dire headlines and commentary about Social Security, in the wake of this year's Trustees' report, paint a much bleaker picture than is truly accurate. Buchanan puts the facts and figures regarding Social Security carefully in context, and assuages young people's fears that, by the time they retire, there will be nothing left for them. In fact, he contends, there is no question that their benefits' buying power will exceed that of their grandparents' benefits. Buchanan also warns about conflating the fates and situations of Social Security and Medicare, when the latter is indeed in serious trouble. Thursday May 21, 2009

writ.news.findlaw.com



To: RetiredNow who wrote (54809)6/3/2009 10:16:30 PM
From: Broken_Clock  Read Replies (1) | Respond to of 149317
 
Perhaps any discussion of SS should include a visit to SS homepage where this link is found:

Estimate Your Retirement Benefits

The gov't, both R's and D's, indicate SS is indeed a "retirement" benefit. However, due to inflationary spending habits by both parties i seriously doubt many could actually retire on SS alone these days.