Just Asking

Saturday, March 21, 2009

About Social Security

It hit me today. Shazam! I know what the Democrats are going to do to solve the Social Security crisis. Bush tried to get privatization started, but the Democrat shut that down. And now no one is talking about it. The problem has not gone away, and I have been wondering if and when the Democrats were going to do something.

And today it hit me! Means testing! The same way we presently determine how much financial aid to give to college students. The same way we presently determine how much a person has to pay for living in a nursing home. The Democrats will simply require every person eligible for Social Security to file a report on their net worth. When the annual FICA tax revenues become lower than the annual financial obligation, they will simply select a net worth cut-off point, and if your net worth is above that cut-off point, you don't get any Social Security. It is the only way to help the truly needy with the limited FICA revenues. And it allows the Democrats to avoid making unpopular and difficult decisions today.

Way to go! Procrastinate until the problem is so huge that the only solution is to cut off payments to the wealthiest among us.

1 Comments:

At 8:32 AM, Blogger Diane L said...

Everyone in congress for many, many, MANY years, republican and democrat alike, has wussed on this one. And my money says the dems won't do any better this time. Ostriches all!

Maybe we'd better figure out how to take care of ourselves . . . novel idea, huh :-)

oh yeah, another thought that popped into my head last night was: "Was anyone holding a gun to the heads of those people who bought houses they couldn't afford?" ::shakes head in dismay::

 

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