April 1, 2007
This political football should have been fixed a long time ago. Both political parties have been to blame for not fixing Social Security.
Granny: Hi Amber this is your Grandma. Listen, Grandpa and I are flying to our summer villa in Italy for a few weeks, and we would like you to watch our cat and let the pool company in.
Amber: Gee, Grandmamama, I just took on a third job to make ends meet . . . Granny: Now Amber, quit whining. Remember, you’re in the Will. And, oh yes, would you please forward our Social Security check, like a good girl?
Amber: Sure Grandmamama, have I ever denied you anything?
SOCIAL SECURITY is going broke. We all must make sacrifices. Work longer, and take a reduction in benefits? Not a chance. Here’s the Sawyer Solution:
1. For anyone with an income over $100,000 per year, you get no check. The over-65 crowd is the wealthiest segment of our society—by far. Take your complaints up with Amber.
2. Is it fair that my Son, who makes $20,000 per year pays 10 times the rate of Social Security Tax (FICA) as someone making a million dollars a year? I would raise the cap (now $96,000) on earnings subject to FICA to $200,000 per year. Then the millionaire would be paying 1/5 the rate my son pays.
3. I would allow wage earners to invest a portion of their Social security tax into a government approved private investment account (like Government workers did for years). If today’s retiree had invested his funds privately instead of with the government all those years, his monthly check would be FOUR TIMES higher.
AMBER SHOULDN’T HAVE TO TAKE THREE JOBS TO PAY GRANNY’S BENEFITS
BUT DURING THE 60'S, 70'S, 80'S, DEMOCRATS, LIKE THAT OLD FART CLAUDE PEPPER (R.I.P.) SCARED SENIORS WITH"THE REPUBLICANS ARE GOING TO TAKE AWAY YOUR SOCIAL SECURITY.
THEN WHEN REPUBLICANS TOOK CONTROL, THEY DIDN'T DARE TO PROPOSE LEGISLATION TO FIX S.S. OUT OF FEAR OF DEMOCRATS' DEMOGOGUING THE ISSUE (YET AGAIN).
PARTY FIRST, CANDIDATE SECOND, YOU AND ME ? Ahahahahahaha hahahahahahah. Yeah right.
Update: April 11, 2011: Dr, Manny Alvarez tells us on Fox that people are healthier today than years ago, so we should raise the retirement age.The good Doctor should know better. Has HE looked in a mirrir lately? Obesity was fairly rare when I was a kid, and fat people were ostrasized. My cousin Bobby was (is) 6' - 3" and weighed 325 lbs when he graduated from High School. He was called "fat boy." Today he would be called "lottery pick."
When I visited Lansing recently and had breakfast with Bobby (250 lbs) and his brother Jimmy (340 lbs) at their fantastic restaurant (http://www.yelp.com/biz/sawyers-gourmet-pancake-house-lansing) , I was stunned to see how many Lansing residents were the same size or bigger - I mean tons of people. Similar trips to Colorado Springs, Washington D.C., and Trenton revealed the same startling discovery. Don't tell me, Dr. Alvarez, that people are healthier. No, they just have better healthcare - HMO's get people medical attention (in spite of what Hollywood tells you) BEFORE people have a heart attack or a stroke. They manage our sedentary lifestyle, and prescribe drugs that extend our lives - but in no way make us healthier.
Certainly the lawyers who run this country can work past 70 (after all, how hard is it to wobble to your feet and say "objection your honor?"), but getting up on a roof in 100 degree heat, or working on an assembly line, or in construction is darn near impossible at age 70. The Republican solution stinks, but the sad fact is that the sheltered lives our conservative leaders make them impervious to the truth - so we wind up with another dumb (and costly) solution to our problems.