President Barack Obama used the anniversary of Social Security to trumpet Democrats' support for the popular program and accuse Republicans of trying to destroy it.
The true threat to Social Security is Obama's Deficit Commission, which has inexcusably been working in total secrecy throughout the year, cooking up its recommendations to be released in December and likely to be voted on by Congress once the elections are nice and over with.
Rumor has it that President Obama's deficit commission may call for deep benefit cuts, in particular a sharp rise in the retirement age.
Which essentially amounts to cutting off benefits. It's incredibly difficult for people over 50 to land a job any more as it is, and they're not allowed to retire until 62-65. Nobody wants you at 50. They sure don't want you at 65. Just how are people going to keep working past 65? There aren't enough Wal-Mart greeter and McDonald's counter positions for the lot of baby boomers who are approaching what they thought would be retirement age. And just after they got screwed out of their savings by unregulated financial scammers, abetted by the government, to boot.
....but hey, do what you want....you will anyway.
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