Social Security or Socialist security as some people call it.
Obviously SS is on it's way out. This year we are having a so called tax holiday. It's supposed to end next year. Does anyone think that there's a politician out there that is going to take our candy back after 1 year? No it won't happen. This is the start of a total reduction of social security funding. They will just faze it out and reduce benefits each year till it's just a memory. I guess all those years of paying in are wasted.
At any rate. What will replace it? When jobs start coming back in a few years at half of what they used to pay, will people be able to invest in the stock market to make up for what they gave away for 30 years? Will people be able to build up a nestegg with whatever they have left over from their 10.00 an hour job. Or will people that are unable to work just have to live with their children to survive.
I for one am increasing my 401k contributions to match whatever is no longer being withheld. I wish there was some way to compensated for the 100 some odd thousand that I have paid in to the system so far.
What are you going to do besides collect eggs and grow vegetables?
Obviously SS is on it's way out. This year we are having a so called tax holiday. It's supposed to end next year. Does anyone think that there's a politician out there that is going to take our candy back after 1 year? No it won't happen. This is the start of a total reduction of social security funding. They will just faze it out and reduce benefits each year till it's just a memory. I guess all those years of paying in are wasted.
At any rate. What will replace it? When jobs start coming back in a few years at half of what they used to pay, will people be able to invest in the stock market to make up for what they gave away for 30 years? Will people be able to build up a nestegg with whatever they have left over from their 10.00 an hour job. Or will people that are unable to work just have to live with their children to survive.
I for one am increasing my 401k contributions to match whatever is no longer being withheld. I wish there was some way to compensated for the 100 some odd thousand that I have paid in to the system so far.
What are you going to do besides collect eggs and grow vegetables?