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eridani

(51,907 posts)
Wed Oct 3, 2012, 03:59 AM Oct 2012

Federal Report Calls for Cuts, Ignores Americans’ Retirement-Security Crisis

With 8% unemployment, more seniors in the work force is just what our economy needs

http://www.nationofchange.org/federal-report-calls-cuts-ignores-americans-retirement-security-crisis-1349185070

The NRC report recommends that the government address the difficult years ahead by combining major changes to contain spending on Social Security,Medicare and Medicaid, with efforts to urge people to work longer and save more during their working years. But these recommendations are likely to disadvantage the individuals and families who would be most affected by the emerging threats to a secure retirement.

<snip>

A far better strategy for strengthening our shaky retirement security system would be to increase Social Security benefits for low income beneficiaries under or close to the poverty line, add long-term care as a Medicare benefit, and contain our out of control health care economy.

Neither this report nor any other that fails to address all of these issues honestly and fairly should be used as a guiding framework for dealing with our multi-faceted retirement security crisis. The NRC promises a follow-up study that will provide more “specific policy choices.” I hope that one will be more balanced.

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Federal Report Calls for Cuts, Ignores Americans’ Retirement-Security Crisis (Original Post) eridani Oct 2012 OP
Informationa kick n/t eridani Oct 2012 #1
until our elected representatives begin onethatcares Oct 2012 #2

onethatcares

(16,163 posts)
2. until our elected representatives begin
Wed Oct 3, 2012, 07:05 PM
Oct 2012

representing WE THE PEOPLE instead of corporations, we're screwn. Doesn't make a difference how low your wage is or what the retirement age is, without security in our homes, schools and jobs the lower class will
just get kicked in the face time after time after time.

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