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The 2% Solution — Why Now?
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The 2% Solution

This CNN opinion piece pretty much summarizes reality in its head line: Social Security healthier than your 401(k).

The writer, Alicia H. Munnell, is the Peter F. Drucker professor of management sciences at Boston College and director of the Center for Retirement Research, but don’t let her years of education and research sway you when you can listen to the options of the financial whizkids who gave us the GOPression that has impacted the Social Security system slightly and wiped out the retirements of people who were counting on their stock portfolios.

Single-payer will solve most of the Medicare/Medicaid problems, and minor tweaks to the existing Social Security system, which are nothing compared to the doubling of the tax rate that Ronald Reagan did in the 1980s, solve the problems that are decades away.

People are “entitled” to these payments, because they have been paying for them their entire working lives.

2 comments

1 hipparchia { 05.14.09 at 9:40 pm }

People are “entitled” to these payments, because they have been paying for them their entire working lives.

damn straight.

hipparchia´s last blog post..SINGLE PAYER NOW NOW NOW!

2 Bryan { 05.14.09 at 9:56 pm }

You have to wonder why that is such a difficult concept for people to understand.

The Repubs are just angry that people are going to get what they paid for without their bosses being able to steal it.