It would seem reasonable to solve social service problems in the order of urgency: Medicare is a far larger financial challenge than social security.
The point of social security is to guarantee each generation minimal subsistence for the disabled, orphans and old age, not to diminish such guarantee.
Those who wish to have a lifestyle in retirement comparable to what they have been accustomed, it is only reasonable to begin a savings or investment plan for the long haul. For those below the poverty line and receive earned income credit IRS should withhold half the payment for supplementary personal retirement accounts.
What this country needs is a 1% national sales tax for a designated trust to insure social security solvency.
Copyright © 2005 Richard R. Kennedy All rights reserved. Revised: February 20, 2005.
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