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Cheney can kiss my declining middle class ass!!! [View All]

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im10ashus Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-03-06 02:24 PM
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Cheney can kiss my declining middle class ass!!!
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Cheney Urges Americans to Save
Thursday March 2, 2006 3:46 PM
By JEANNINE AVERSA

WASHINGTON (AP) - Vice President Dick Cheney urged Americans Thursday to do a better job of saving and challenged policymakers to strengthen pensions and fix Social Security to help people in their golden years.

``The American dream begins with saving money and that should begin on the very first day of work,'' Cheney told a conference here exploring how to encourage people to boost savings and be better prepared for retirement.

Too often, workers are living paycheck to paycheck and are not saving sufficiently, Cheney said.

Last year, Americans' personal savings rate dropped to its lowest point since the Great Depression. The dismal state of savings comes as a big wave of baby boomers will soon start retiring.

That wave of retirees will eventually put massive strains on government resources as people draw on Social Security and Medicare benefits, Cheney said.

http://www.guardian.co.uk/worldlatest/story/0,,-5658402,00.html


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