Wednesday, May 25, 2005

Found this editorial regarding Social Security and seniors' reactions to reform:

...these seniors had convinced themselves that there was no 'crisis' in Social Security because the best estimates are that benefits will continue to be paid out for the foreseeable future. They didn't seem to care a whit about the financial strain that future taxpayers will be put under to make that happen. This is the real crisis.

You know what else was disappointing? That many of the seniors were so openly contemptuous of the idea of letting poor and working people invest their own money in private retirement accounts. To listen to these seniors, the less well-off aren't smart enough to know what to invest where, and so need the government to provide them with a guaranteed benefit. "

I know AARP is dead set against any sort of reform, and the audience this writer spoke to obviously was, but I'm not quite convinced that all, or most, or even many senior citizens are taking the same stance.

I have a little bit of evidence for this: I linked to this story in the Sheboygan Press last month - several seniors told the paper they favor reform for the younger generations.

And this editorial that appeared in the MJS, by a Virginian senior who wonders why seniors are being treated as though they worry only about their own needs, and nothing else.

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