Monday, November 29, 2010


Why should Social Security and Medicare foot the bill for irresponsible and crooked Wall Street bankers greed, an unnecessary war and unfunded drug program and fiscal irresponsibility by Washington.
We need to cut military spending, and cut " foreign aid." The very people who want to slash Social Security and Medicare are shouting for more unpaid Bush tax cuts for millionaires.
Are we that crazy we want people to work till their 70, really!
Now having said that we can look at means testing for Social Security, and here is one I just learned. Some of these millionaires on their second wives (trophy wives) and are on Social Security over 65 years of age their children under the age of 18 are eligible and get up to half of their Daddy's Social Security till they are 18. Whether they are his biological father or his step children.
That just seems wrong to me ! If those old guys want to trade in their first wives for young trophy wives isn't that reward enough!!!!!


Eric Martin said...

George Will favors immediate means testing for Social Security. Who is against it? Why hasn't it already happened?

Baxter said...

I am fine with raising the age. We are all living longer and 70 is the new 50. The Debt Commission wants to raise the age a month every other year. I'd raise it 3 or 4 months a year. That is plenty of notice for future recipients.

I'm against means testing. SS is a widely favored program - approximately 80% support - which will not be the case if it shifts from a universal program to a welfare program. Further - if you means tested it only for those who wouldn't really miss it, you wouldn't save all that much.

Baxter said...

Dovetailing Medicare age with SS would save a fortune - especially when the age is gradually raised.