Reply #53: A Great Idea

[Mark D.]

I've heard floated on Common Dreams and in other liberal areas. Incredibly simple.
Like Single Payer, it would be a slam dunk fix, so of course, it will not happen.

Drop retirement to age 60, with full benefits for all (not staggered over age).
Double those retirement benefits. All paid for by eliminating income caps. All
income is taxed at the same rate. Social Security will be insolvent 100 years.

What else will happen? Double benefits at only age 60? Are you kidding. Listen...
Hear that? The 'giant sucking sound' of people leaving the workforce. In just six
months, maybe less, there will be millions of job openings. Unemployment? 2 - 3%.

Many problems solved at once, unemployment, loss of pensions, SS insolvency. Plus,
those hired will do what with that income? What will the newly retired do? Spend.
You want to see a stimulus? We'll pay off the debt very quickly. Yes, it'd work.

That's why you'll never see it. Hard workers looking to retire will be called as
'lazy' by fat lazy bastards like Rush Limbaugh. Asking for a fair 'flat rate' for
SS will be called 'socialism' (which is absurd, it's just fairness). Sad but true.