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Saturday, April 30 SS and Us
Okay tell me if I’m missing something here That the poorest amongst us will reap the benefits but middle class folks will lose big time.. It pretty much goes back to what I’ve said for a long time, that more and more this country is turning into a country that supports its poor (somewhat) and rewards its rich but ignores its middle class. As a middle class babe from a middle class background, I resent working my ass off my whole life to have the baby bush cut my benefits.. The poor in this country deserve all the help they can get don’t get me wrong, but don’t take away the incentive of the middle class while you’re at it. So now, under the baby bush’s “progressive indexation” the low-income worker will be getting benefits up to almost half their wages, but folks who make $36,500 will only get about 26 percent. Honey first of all, here in NYC anyone who makes $36,500 is practically homeless, not middle class. Folks who managed to break 90k will only get 12 percent. I get that the baby bush the champion of the rich is now trying to anoint himself as the robin hood for the poor but honey…he’s taking away a key motivation for the average joe to work hard all his or her life and then think that come retirement time, his or her hard work is gonna pay off in some liveable social security income. I do think this pretty much 86’s the whole original idea of social security. This was after all, not supposed to be another version or welfare but a payback for what you work hard your whole life to put into it. I know, on my end, more and more, I’m realizing that all that money that’s’ come out of my checks will NOT be finding its way back to me. How bout an alternative here? Raise taxes if you have to but leave our retirement plans alone. That’s where I’m at Go ahead educate me.. And
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