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Thingish Things

Social Security Ironies

Written By: William F. B. O'Reilly - Jun• 01•11

*via votocracy

Great ironies are playing out in Washington over congressman Paul Ryan’s (R-Wisconsin) call to reform entitlement programs.   Conservatives, including Ryan, are arguing that the wealthiest Americans should see deep cuts in their Social Security and Medicare benefits — or outright elimination of them — while Democrats are arguing that even the richest of the rich should receive their share of those programs. Even socialist congressman Bernie Sanders (S-VT) is in on the act, defending the wealthy against “entitlement” cuts.

This is a healthy conversation, and it’s getting more interesting by the day.

 

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2 Comments

  1. Your Friend says:

    I’m with you on this. I think the ceiling should be pretty high though, like $5m – $10m. With lousy interest rates, that kind of wealth doesn’t get you what it used to.

    Here’s a list of countries we should be aspiring to resemble and for the reasons listed.

    http://www.huffingtonpost.com/2011/06/01/top-ten-countries-with-work-life-balance_n_868224.html#s285262&title=10_France

  2. Funny, I philosophically agree with Sanders on this, but reality is here. I’m in for the cuts. And yes. High threshold.

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