My last statement showed I paid over $100,000 and my employers paid over $100,000 into SS. That is equal to my mortgage and the money I spent to put three kids through college. There aren’t any Lexuses or Mercedes in the driveway, no boat, plane or second home. I’m definitely middle class.
I’m sure they won’t eliminate SS, they’ll just steal it back with taxes. “Well, you’ve got a pension, so you don’t need as much. You’ve got a 401K, so you don’t need it. We promised it, so here it is, but your gross income over x is taxed at 50%.”
Try living on that and not freezing to death when cap and trade gets going. NY state taxes and spending are out of control as well.
Well, maybe Mehsud will carry out his amazing strike on Washington, DC. I sure hope no innocent bystanders are harmed, but I wouldn’t shed many tears if a lot of thieves and swindlers got what they deserve. Madoff looks good in comparison. He didn’t force you to give him your money.
David S, nice try but no sale. Diversified investments suffered some losses but outperformed SS by a wide margin over the period I paid into Social Security. Blaming Bush for a problem that has existed since the program’s inception might work, because some people will believe anything. It won’t fix anything. When the money isn’t there, the system has a problem.
