Steve Forbes on Means-Testing
futureofcapitalism.com

Steve Forbes, writing in the June 6 issue of Forbes:

An immediate trap GOPers should be extremely wary of is that we should start means testing for Social Security and Medicare in order to save both programs. Otherwise sensible conservatives are glomming onto the idea that cutting and then eliminating Social Security benefits for retirees making $60,000 a year or more would work wonders for saving the system.

This notion is immoral, a breach of trust. The bargain between our government and its citizens, which is at the foundation of Social Security, is that during your working years you'll pay in so you can draw out money when you retire. ....

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Steve Forbes on Means-Testing
futureofcapitalism.com

Steve Forbes, writing in the June 6 issue of Forbes:

An immediate trap GOPers should be extremely wary of is that we should start means testing for Social Security and Medicare in order to save both programs. Otherwise sensible conservatives are glomming onto the idea that cutting and then eliminating Social Security benefits for retirees making $60,000 a year or more would work wonders for saving the system.

This notion is immoral, a breach of trust. The bargain between our government and its citizens, which is at the foundation of Social Security, is that during your working years you'll pay in so you can draw out money when you retire. ....

Read More...