I know you are a great authority on this; however, I can't help but think that when that younger generation is polled 30 years from now, they will want a guaranteed pension plan and universal health care.
We all know that the young think they will live forever.
And the net result will be a whole generation who have not saved enough for retirement, and who do not have Social Security.
They are being sold a bill of goods on this "consumerism." It is just a way to shift cost to the employees. They better wake up before it's too late, and join the AARP at age 30.
As it is now, most of the baby boomers will work until they die because they have not saved enough.
It's kind of like the "sub-prime mortgage crisis," it's built on a house of cards. It seems we can always find money to fight any trillion-dollar war when we want to venture into it, but we can't take care of our own citizens.
What a crock ... .just print the money like they are doing now.
I always enjoy your opinion.
Corporate Director of Human Resources
I could not agree more with the likely long term consequences and where people will end up. I was at a lunch [on Sept. 6] that Mark Shields spoke at. His example was that polling results show that a majority say they want limited government but then when there is any crisis (food, drugs, toys, etc.) the overall public reaction is "where was the government when we needed them?".
It is like the old Russell Long [a long-serving American politician] saying: "Don't tax me, don't tax thee, tax that fella behind the tree."
The only SSA reform that is supported by almost all of the public is raising taxes on high income persons, as long as it applies above my income level.