When Social Security was started, the poorest segment of society was the elderly. Today the richest segment of society are the elderly. The poorest are single working mothers who pay the largest % of their tax bill to Social Security. It's retarded NOT to means test the "Social Safety net." All other "fixes" allow the myth to continue that tax-payers "invested" in some pension. Sorry. You paid taxes, the $ was spent, and now your children will have to pay higher taxes for your benefits.
David should go to congress and hammer into Congressmen's head so that they understand the magnitude of challenge we are facing. $ 38 Trillion unfunded liability for medicare alone is scary . And what is more scary is that David has been voicing up such figure for long time and no one in DC ever challenged.
When Social Security was started, the poorest segment of society was the elderly. Today the richest segment of society are the elderly. The poorest are single working mothers who pay the largest % of their tax bill to Social Security. It's retarded NOT to means test the "Social Safety net." All other "fixes" allow the myth to continue that tax-payers "invested" in some pension. Sorry. You paid taxes, the $ was spent, and now your children will have to pay higher taxes for your benefits.
Praxis2008 4 months ago
David should go to congress and hammer into Congressmen's head so that they understand the magnitude of challenge we are facing. $ 38 Trillion unfunded liability for medicare alone is scary . And what is more scary is that David has been voicing up such figure for long time and no one in DC ever challenged.
xoxak888 4 months ago
David Walker seems to be a genuine statesman, and deserves to be given some real power
gettingahandle 5 months ago
@KarlEastwood64 Who are you ranting at? Who is this "you"??
WallStreetLtd 5 months ago
Comment removed
theblondefrom85 5 months ago